“It can be argued that no segment of the real estate market has been more affected by foreign buyer money than Canada’s luxury real estate market. Now a new survey released by Royal LePage sheds some light on the impact foreign buyers have had on this segment of the market.” Full article here: http://www.moneysense.ca/spend/real-estate/canadas-luxury-real-estate-gets-pricier-and-pricier/
“For the first time in almost two decades, British Columbia will require real estate purchasers to disclose citizenship details starting next month, as Metro Vancouver’s red-hot housing market fuels concerns about foreign investment. The new requirements, aimed at answering whether foreign ownership is driving up housing prices, go beyond the data that are supposed to
Mortgage Unqualified Understanding Co-Signers & Guarantors For younger people and first-time homebuyers, trying to compete independently in Vancouver’s out-of-control-and-ceaselessly-rising real estate market can be next to impossible. As a result, at some point those wanting in may consider alternative lending options; a process which quite often leads back to a parent or family member who
