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.
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.
Not exact matches
Unlike any other nonluxury sedan sold
by a
foreign automaker, the Toyota Avalon is available with a front bench seat and a column - mounted shifter - a layout specifically designed to attract the older
buyers who favor Big Three cars.The sedan is based on the Camry sedan, Toyota's best - selling car line.The Avalon's ultrasmooth 3.0 - liter, 24 - valve, four - cam V - 6 engine and refined four - speed automatic
make for an excellent drivetrain.Performance is crisp from a stop, and passing power is superb at all legal speeds.
Self - published e-book authors are being approached
by foreign rights
buyers and film companies (and
making lucrative, 100 % agent - free deals.)
On Monday, the B.C. government tried to
make good on that promise
by announcing a new 15 %
foreign buyer's tax on all homes sold on or after August 2, 2016.
The steady rise of South Korea's currency, the won, hurt its economy in 2012 and 2013
by making its goods more expensive for
foreign buyers.
Australia approved A$ 24 billion ($ 18.1 billion) of real estate investments from China in the fiscal year ended June 2015, the most recent figures available,
making the country
by far the biggest source of
foreign buyers.
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.
A 2015 study
by the National Association of REALTORS ® showed that
buyers from China
made up 16 percent of all international
buyers locking in single family homes in the U.S., jumping from 12 percent in 2013, inching above the long - standing top
foreign real estate
buyer, the Canadians.
But other industry experts say it's too soon to know if the plan, particularly its centerpiece — a Vancouver - style, 15 - per - cent tax on non-resident
foreign buyers — will have the desired effect of
making housing more affordable and available
by dousing property speculation.