Sentences with phrase «demand by foreign buyers»

Not exact matches

Housing demand is also being supplemented by bankruptcy survivors who waited out their 7 year exile joining first time buyer millennials, babyboomers, immigrants, foreign investors (Canadian and Chinese), and even gen Xers, all of whom are looking for houses for sale.

Experts anticipate a mix of supply and demand levers in the B.C. NDP's new housing policy, including a speculation tax and a widening of Vancouver's foreign buyer tax, introduced by the previous Liberal government in 2016, to include more cities.

Experts anticipate a mix of supply and demand levers in the NDP's new housing policy, including a speculation tax and a widening of Vancouver's foreign buyer tax, introduced by the previous Liberal government in 2016, to include more cities.

So far, the authorities have sought to cool what they call speculative demand with stricter lending rules and by taxing foreign buyers.

The report, titled «In High Demand» and released Monday by Ryerson University's City Building Institute, favours a tax on foreign buyers — similar to the one introduced in Vancouver last summer — but suggests it should be implemented in addition to a «progressive surtax» on expensive homes owned by people who aren't paying income tax, including people with foreign capital.

Housing demand is also being supplemented by bankruptcy survivors who waited out their 7 year exile joining first time buyer millennials, babyboomers, immigrants, foreign investors (Canadian and Chinese), and even gen Xers, all of whom are looking for houses for sale.

Condominium prices will keep seeing sustainable growth in the coming years in Berlin, driven by both growing domestic and foreign buyer demand, mainly in the luxury price tiers.