Sentences with phrase «foreign home buyers»

It's hard to know, though, how much a presumed exit of foreign home buyers from the Canadian market actually matters.

Firstly, there was Ontario's Foreign Home Buyer Tax that began in April, next came the Rental Fairness Act in May, and lastly a new mortgage stress test will begin in January.

The 2017 Profile of International Home Buying Activity will reveal the top five countries of origin for foreign home buyers and how these buyers are utilizing the services of REALTORS ®.

Its highest profile move has been a 15 - per - cent tax on foreign home buyers that came into effect at the start of August and covered 22 communities in the Vancouver region.

2) Tax foreign home buyers as part of the transaction when the buyer does not reside in the country.

Foreign Home Buyers Continue to Identify U.S. as Profitable Investment, Realtors ® Report, (National Association of REALTORS ®, June 14, 2013)

Real estate is increasingly becoming a global business, with foreign home buyers flocking to cities across the U.S. in search of investment opportunities.

The annual Profile of International Activity in U.S. Residential Real Estate looks at the countries of origin for foreign home buyers and how these buyers are working with REALTORS ®.

We support a tax on foreign home buyers Three quarters of Canadians support a foreign buyers» tax for residential properties.

A large share of foreign home buyers — nearly than 46 percent, according to NAR's research — pay cash for their U.S. property.

Foreign Home Buyers Continue to Identify U.S. as Profitable Investment, Realtors ® Report, (National Association of REALTORS ®, June 14, 2013).

The recent seven percent stamp duty increase in Victoria for foreign home buyers will have a negative impact on foreign investment and foreign supply in Australia, reports the Australian (23... Ler mais >

The Ontario government is reconsidering its opposition to taxing foreign home buyers, saying it is now open to a B.C. - style levy to restrain Toronto's hot housing market.

VANCOUVER — A legal challenge of a British Columbia levy on foreign home buyers has been filed in Vancouver, seeking a class - action lawsuit on behalf of those forced to pay the 15 per cent tax.

«To some foreign home buyers, it is a very strong selling point that the swimming pool makes the feng shui better,» says Chen.

Foreign home buyers have their eye on U.S. vacation areas — especially in southern Florida — and are helping to give a lift to some of these battered housing markets.

The annual Profile of International Home Buying Activity reveals the top five countries of origin for foreign home buyers and how these buyers are utilizing the services of REALTORS ®.

Sales in Greater Vancouver dropped 26 per cent in August and 19 per cent in July, following the province's introduction of a tax on foreign home buyers.

Ontario introduced a Foreign Home Buyer Tax / Non-Resident Speculation Tax («NRST») in April as a means to rein in the housing market, particularly in the Greater Toronto Area.

Often referred to as a foreign home buyer tax, the NRST is a 15 % tax that applies to the purchase or acquisition of an interest in residential real property located in the Greater Golden Horseshoe (GGH) area by an individual, foreign corporation, or «taxable trustee».

The Foreign Home Buyer Tax / Non-Resident Speculation Tax only applies to residential real property that contains at least one, but not more than six, single family residences.

A knee - jerk response to the CMHC report might be to consider eliminating exemptions for NPRs from taxes on foreign home buyers.

The Profile of International Home Buying Activity reveals the top five countries of origin for foreign home buyers and how these buyers are utilizing the services of REALTORS ®.

A Toronto real estate lawyer warns introducing a tax on foreign home buyers would be devastating for the Toronto housing market.

In this podcast, we talk with research economist Gay Cororaton about the annual Profile of International Home Buying Activity, the top countries of origin for foreign home buyers, and how these buyers are using the services of REALTORS ®.

So the provincial government slapped a 15 percent tax on all sales to foreign home buyers.

NEW TAX IN B.C.. FOR FOREIGN HOME BUYERS The B.C. government plans to tax foreigners who buy residential property in the Vancouver area — an announcement that follows months of pressure to addre...