Sentences with phrase «by foreign buyers»

Others agree to be acquired by a foreign buyer to — once again — relocate overseas.
Now, led by foreign buyers, condos are selling again as developers try new, more stringent financing rules.
These are paid by the foreign buyer and are eligible to be financed as part of the loan.
But here's the thing: The report only examines condo purchases by foreign buyers.
Chinese buyers accounted for A$ 24 billion out of the total amount of A$ 96.9 billion worth of Australian real estate bought by foreign buyers in 2014 - 2015, reports Your Investment Property (13... Ler mais >
A recent Globe and Mail investigation revealed widespread abuse of the exemption by foreign buyers in the Vancouver area, where owners are falsely claiming Canadian residency for themselves, their spouses or their children to avoid paying tax on houses they flip for a profit.
The US administration cited national security concerns in following the recommendation of the Committee on Foreign Investment in the US (CFIUS), which could get new powers to increase scrutiny of deals by foreign buyers.
However, Paint concedes that in the luxury apartment segment (also known as the luxury condo segment0, the proportion of purchases made by foreign buyers is slightly higher.
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.
The U.S. remains the country viewed by foreign buyers as the «most stable and secure» for real estate investment, according to 2017 survey results from the Association of Foreign Investors in Real Estate (AFIRE).
This crowding out results not only from increased demand by foreign buyers, but also their effect on pricing.
Out of the $ 153.0 billion of residential property purchased by foreign buyers last year, $ 28.3 billion came...
In markets such as Orlando and Miami, the high proportion of cash sales is also being driven by foreign buyers who are looking for a place to park some of their savings.
The Australian government has ordered more sales of property illegally acquired by foreign buyers, bringing the total worth to $ 107million.
The US cited national security concerns in following the recommendation of the Committee on Foreign Investment in the US, which could get new powers to increase scrutiny of deals by foreign buyers.
When asked about foreign buyer activity in their area, 58 % of real estate agents believed that less than 10 % of luxury real estate purchases in the province were made by foreign buyers.
Florida maintains the right to prohibit property ownership by «aliens ineligible for citizenship,» (18) however, it does not currently regulate purchases by foreign buyers.
According to theRoyal LePage Carriage Trade Luxury Properties 2016 Report, Canada's luxury residential real estate market has seen a notable increase in foreign buyer activity over the last 10 years, with some realtors suggesting that more than 25 % of luxury properties now purchased by foreign buyers.
However, it is important to note that Ontario's Fair Housing Plan includes many more measures than just a tax on real estate purchases by foreign buyers.
In 2014, over $ 100 billion in U.S. home sales were purchased by foreign buyers, and over $ 40 billion in commercial property investment originated outside the U.S. Data forecasts indicate an increase again this year.
Overall, a total of 214,885 U.S. residential properties were bought by foreign buyers (up 2.8 percent), and properties were typically valued higher ($ 277,380) compared to the median price of all U.S. existing home sales ($ 223,058).
Overall, 284,455 U.S. properties were bought by foreign buyers (up 32 percent from 2016), and purchases accounted for 10 percent of the dollar volume of existing - home sales (8 percent in 2016).
Almost half of the purchases by foreign buyers were in Florida, California and Texas.
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