Montreal was the hot Canadian real estate market for Chinese nationals last year as interest slipped in Toronto and Vancouver following the introduction of foreign buyers taxes, says a report from a website for buyers of overseas properties. Juwai.com said Chinese buyers inquired about US$1.45 billion worth of Canadian properties in 2017. Interest in Montreal
VANCOUVER—New data released by Statistics Canada shows where B.C.’s biggest hubs of “transnational” real estate marketplaces are located, with the resort municipalities of Sun Peaks and Whistler and the University of British Columbia Endowment Lands showing the highest rates of non-resident ownership. The data also indicates how much real estate is held by corporations rather
The cost of land restrictions and zoning regulations has a dollar amount, and in Greater Vancouver, it comes with five zeroes. According to new research from the C.D. Howe Institute, “excessive regulation” around building single-family homes in the region added $600,000 to the price of an average home between 2007 and 2016. The analysis also
