12/21/2017 | Posted in Foreign Buyers by Michael Antczak
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Foreign buyers make up a minuscule portion of the overall housing market in this country, new research shows, but what they own is more expensive and newer than the average ... More

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  10/27/2017 | Posted in Foreign Buyers by Michael Antczak
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Educational opportunities are driving Chinese homebuyer inquiries for Canadian properties, despite foreign-buyer taxes in two of the nation’s hottest housing markets. ... More

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  9/22/2017 | Posted in Foreign Buyers by Michael Antczak
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Some media outlets recently reported that interest in Canadian real estate among Chinese buyers increased 30 per cent in the first half of this year, compared to a year ... More

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  9/15/2017 | Posted in Ontario Real Estate by Michael Antczak
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The number of non-resident owners of real estate in The Greater Golden Horseshoe has declined since the introduction of Ontario’s Fair Housing Plan in the spring. ... More

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  8/30/2017 | Posted in Foreign Buyers by Michael Antczak
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The government has perhaps its best understanding of just how influential foreign buyers are on Canada’s hottest markets, according to one big bank. ... More

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  7/6/2017 | Posted in Toronto Real Estate by Michael Antczak
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New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight. ... More

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  7/5/2017 | Posted in Foreign Buyers by Michael Antczak
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Newly released figures show nearly five per cent of home purchases in Ontario's Greater Golden Horseshoe region were made by non-residents since the Liberal government ... More

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  4/27/2017 | Posted in Toronto Real Estate by Michael Antczak
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New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto.  ... More

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  4/24/2017 | Posted in Ontario Real Estate by Michael Antczak
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Regulatory changes that require home buyers in Ontario to provide complete information on their citizenship and place of residence take effect today. ... More

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  3/20/2017 | Posted in Toronto Real Estate by Michael Antczak
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The most frustrated people in the Toronto area’s real estate market right now are clearly the buyers. But right behind them are many seasoned agents. ... More

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  3/8/2017 | Posted in Foreign Buyers by Michael Antczak
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The top reason why foreign buyers from China want to get into the Canadian housing market is education, not investment, according to data from a popular global real estate ... More

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  2/27/2017 | Posted in Foreign Buyers by Michael Antczak
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One puzzle around the run-up in Canadian home prices is the extent to which foreign money is the driver. The idea is that rich people from places like China are buying up homes as ... More

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  2/19/2017 | Posted in Foreign Buyers by Michael Antczak
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Chinese influence on Canada’s real estate market may be coming to an abrupt end due to new rules that lock their funds. ... More

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  1/23/2017 | Posted in Real Estate Market by Michael Antczak
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A new report from a leading real estate brokerage suggests many Americans who oppose incoming president Donald Trump continue showing a desire to purchase property in Canada. ... More

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  12/7/2016 | Posted in Real Estate News by Michael Antczak
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Foreign ownership of existing Canadian condominium units in Canada's three biggest cities has declined in 2016 compared with the previous two years, according to a ... More

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  10/28/2016 | Posted in GTA Real Estate by Michael Antczak
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Foreign buyers play a limited part in condo sales activity in the Greater Toronto Area but investors play a key role in the market according to a new report from Urbanation. ... More

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  10/25/2016 | Posted in Ontario Real Estate by Michael Antczak
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Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign homebuyers. ... More

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  10/13/2016 | Posted in GTA News by Michael Antczak
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There is overwhelming support among residents of the Greater Toronto Area for a tax on foreign buyers, according to a poll by Angus Reid. ... More

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  10/11/2016 | Posted in GTA Real Estate by Michael Antczak
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While the debate continues on whether Ontario should follow BC with a tax on foreign ownership of homes in the GTA, a report highlights another issue which is driving up home ... More

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  10/4/2016 | Posted in Real Estate Market by Michael Antczak
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The Liberal government has announced sweeping changes aimed at ensuring Canadians aren’t taking on bigger mortgages than they can afford in an era of historically low ... More

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  10/4/2016 | Posted in Real Estate Investments by Michael Antczak
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Foreign investors, deterred from Vancouver’s residential property market by the 15 per cent tax, are likely to increasingly focus on commercial real estate. ... More

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  10/3/2016 | Posted in Real Estate Market by Michael Antczak
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Canada will close a tax loophole and introduce a stress test to insured mortgage lending in an effort to boost the stability of the housing sector, the government said on Monday, ... More

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  10/3/2016 | Posted in Real Estate Market by Michael Antczak
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Finance Minister Bill Morneau will unveil Monday new measures aimed at slowing the flood of foreign money pouring into overheated housing markets like Vancouver and Toronto, a ... More

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  9/27/2016 | Posted in Mortgage News by Michael Antczak
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Two major Canadian banks have closed a loophole that allowed new Canadians here for less than five years to bypass income verification when purchasing a home. ... More

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  9/23/2016 | Posted in Toronto Real Estate by Michael Antczak
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Joe Oliver says Toronto will have to implement a tax on foreign buyers of residential real estate. ... More

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  9/21/2016 | Posted in Foreign Buyers by Michael Antczak
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A Toronto real estate lawyer warns introducing a tax on foreign homebuyers would be devastating for the Toronto housing market. His warning ... More

Real Estate & Mortgage News

  9/21/2016 | Posted in Foreign Buyers by Michael Antczak
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The Ontario government has little choice left but to enact a 15 per cent tax on foreign home buyers, says CIBC World Markets deputy chief economist Benjamin Tal. ... More

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  9/20/2016 | Posted in Foreign Buyers by Michael Antczak
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Last month’s imposition of the 15 per cent foreign buyers’ tax by the British Columbia government has spurred a mass exit of hopeful home owners from Vancouver to ... More

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  9/16/2016 | Posted in Real Estate Market by Michael Antczak
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In its coverage of the Canadian mortgage finance system, Bank of America Merrill Lynch Global Research noted that contrary to popular perception, Canada’s homes are still ... More

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