Sentences with phrase «non-resident foreign sales»
Sales to foreigners residing in the U.S. reached $ 78.1 billion (up 32 percent from 2016) and non-resident foreign sales spiked to $ 74.9 billion (up 72 percent from 2016).
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Home sales have already shown signs of a slowdown in Vancouver since the BC government announced the Foreign Investment Tax of 15 % for any homes purchased by non-residents or non-Canadians living in BC.
«While these obstacles led to a cool down in sales from non-resident foreign buyers, the purchases by recent immigrant foreigners rose, resulting in the overall sales dollar volume still being the second highest since 2009.»
Sales to non-resident foreign buyers decreased by about $ 10 billion, hitting the lowest dollar volume since 2013.
The Toronto Real Estate Board is set to release its April sales figures on Wednesday, the first set of numbers since the Ontario government announcement that included a 15 percent tax on non-residents aimed at foreign speculators in the housing market.