Sentences with phrase «foreign buyers over»

«Weaker economic growth throughout the world, devalued foreign currencies and financial market turbulence combined to present significant challenges for foreign buyers over the past year,» NAR Chief Economist Lawrence Yun said.

«Weaker economic growth throughout the world, devalued foreign currencies and financial market turbulence combined to present significant challenges for foreign buyers over the past year,» he says.

A majority of foreign buyers over the past year purchased a single - family home, and nearly half bought in a suburban area.

Not exact matches

Tal says his unscientific research into the subject — consisting mainly of a recent dinner with over 20 real estate brokers and agents who deal exclusively with foreign buyers — led him to believe the number of «pure» foreign purchasers in the Canadian real - estate market is «probably much smaller than perceived by many.»

Houses in this area go for an average price of $ 1 million to $ 4.5 million and over the years it's seen an influx of foreign buyers.

Canadian housing market prices soared over the past decade, with Ontario, home to capital city Ottawa and business center Toronto, in particular seeing strong demand from foreign buyers.

To ease concerns over housing unaffordability, the Australian government has altered the rules and regulations surrounding foreign buyers.

Tal says his unscientific research into the subject — consisting mainly of a recent dinner with over 20 real estate brokers and agents who deal exclusively with foreign buyers — led him to believe the number of «pure» foreign purchasers in the Canadian real estate market is «probably much smaller than perceived by many.»

Roughly over half of all foreign buyers purchased property in Florida (22 %), California (15 %), Texas (10 %), Arizona or New York (each at 4 %).

Over the past year, Chinese regulators have tightened their clampdown on foreign investment, detaining several of the country's most prolific New York real estate buyers, including Anbang Insurance Group's Wu Xiaohui and Fosun International's Guo Guangchang.

Korean publishers have been active buyers of foreign copyrights and over the last few decades, they have been also providing international publishers with quality contents.

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.

More than two - thirds (69 %) or agents surveyed said that there has been an increase in foreign buyer activity over the same 10 - year period.

New regulations included federal measures to tighten mortgage insurance rules, expand stress tests, and improve tax fairness around capital gains exemptions as well as changes to the Canada Mortgage and Housing Corporation's securitization programs; B.C.'s new 15 % land transfer tax on foreign nationals in Metro Vancouver and introduction of the Home Owner Mortgage and Equity program to provide interest - free loans to first - time buyers, along with Vancouver's introduction of a tax on vacant homes; and Ontario's doubling of the land - transfer tax rebate for first - time buyers, combined with a tax increase on homes over $ 2,000,000.

«If it was foreign buyers, you would see spikes all over the place or in particular parts of town, but it's all really just condos,» he said.

The figures mark the first time that CMHC and Statistics Canada have measured foreign ownership in the country's hot housing market to see how much influence foreign buyers have over skyrocketing prices.

Toronto's housing market shot into the stratosphere over the ensuing months, prompting the Ontario government to put in place a nearly identical measure (city council in Victoria, concerned about an affordability crisis, debated but ultimately rejected a foreign buyer tax recently).

Toronto properties over $ 1 million experienced only a nominal, 2 % year - over-year uptick on Juwai.com in the third quarter of 2016 following the implementation of the Metro Vancouver foreign buyers» tax, before ending the fourth quarter with enquiries up 18 % year - over-year.

All deals over $ 300 million involving a foreign buyer are required to pass an Industry Canada review to ensure that the takeover provides a «net benefit» to Canada.

Over 500 buyers of legal services in India and domestic law firms fed into the survey to determine which foreign firms they rate most highly.

Perhaps foreshadowing where a bulk of future home purchases from immigrants will come from, Hale said that in NAR's latest survey roughly over half of all foreign buyers purchased property in Florida (22 percent), California (15 percent), Texas (10 percent), Arizona or New York (each at 4 percent).

In addition, the higher end of the market (properties priced over $ 1.2 million) will continue to be slow for the near term, as many of these buyers are tied to foreign investments in some way.

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.

In 2015, NAR reported that foreign buyers purchased 214,885 residential properties from April 2015 to March 2016, a 3 percent increase over the prior year.

Overall, foreign buyers most commonly purchased a home priced between $ 250,001 and $ 500,000, while 10 percent paid over $ 1 million or more.

The report shows that between April 2016 and March 2017, foreign buyers and recent immigrants purchased over $ 150 billion in residential property — $ 153 billion, to be exact.

Approximately10 percent of foreign buyers paid over $ 1 million, and 44 percent of transactions were all - cash purchases (50 percent in 2016).

REALTORS ® are always trying to gain and maintain their competitive edge, and more than $ 153 billion worth of residential real estate is sold to foreign and immigrant buyers annually, resulting in over $ 7 billion in commissions for REALTORS ®.

Between the first and second quarter of 2014, the average cap rate spread transaction made by foreign vs. domestic buyers in gateway office markets was over 80 basis points.

In the second quarter 2014, foreign investor acquisitions in these markets were 185 percent greater than three years ago, 2.7 x the rate of increase in office acquisition activity by domestic buyers in these same markets over the same period.

Domestic investors increased their transaction activity in these secondary markets by 118 percent, while foreign buyer activity in non ‐ gateway office markets increased by only 37 percent over the same period.

Ryan and Louis discuss the direction of interest rates and inflation, the reluctance of the Fed to recognize the inflation threat, the impact of foreign countries raising their interest rates to combat inflation; the Fed's Vice Chairman Janis Yellen's view that inflation and the rise of commodities won't impact the «recovery», blaming rising global demand and disruptions of supply, not the easy money policy of the Fed; encouraging consumer confidence so they borrow more money to buy things they don't need to stimulate the economy, loan officer compensation, banks» use of Fed loans and banks» preference of trading operations over mortgage lending; credit squeeze; increased lending standards; the advantage of getting a low interest loan now before interest rates and inflation rates rise; the problems with Fannie Mae and Freddie Mac; the Democrats, Republicans and President avoid a government shutdown and what might have happened if it did; the $ 10 ′ s of billions of dollars saved in light of a $ 1.3 trillion defecit; the disconnect between buyers and sellers article in the Chicago Tribune; the HomeGain first quarter 2011 home values survey; the value of a quality Realtor in buying and selling a home; the HomeGain FSBO vs. REALTOR survey

In fact, our local area is well - known with foreign buyers: the National Association of Realtors» Profile of International Home Buyers has confirmed that last year, over 31 % of all international real estate sales in Florida happened here, in the Miami area and its surrounding communbuyers: the National Association of Realtors» Profile of International Home Buyers has confirmed that last year, over 31 % of all international real estate sales in Florida happened here, in the Miami area and its surrounding communBuyers has confirmed that last year, over 31 % of all international real estate sales in Florida happened here, in the Miami area and its surrounding communities.

Last year, foreign buyers spent over $ 200 billion on U.S. properties in markets of all sizes, and in all 50 states.

The new policies include the introduction of a speculation tax on qualifying secondary homes, an increase to the foreign buyer tax as well as an expanded list of affected regions and an increase to the property - related school taxes and land transfer taxes on homes worth over $ 3 million.

Investors and foreign buyers have helped reduce Phoenix's housing inventory to its lowest level in over 6 years.

In fact, foreign buyers (on average) spend over $ 250,000 more per home than the average price of U.S. existing home sales.