Canada's Foreign Home Buyer Ban
Posted on Oct 25, 2022 in Resources
Starting on January 1, 2023, foreign home buyers will not be able to purchase residential real estate in Canada for a period of 2 years. Here's what you need to know:
This legislation was created to:
- Reduce foreign money coming into Canada to buy residential real estate
- Establish penalties for anyone who helps a non-Canadian to violate this law
- Cool th...
Everything You Need to Know About Canada's Foreign Home Buyer Ban
Posted on Oct 25, 2022
Foreign Buyers will not be able to purchase residential real estate in Canada for a period of 2 years starting on January 1, 2023. This legislation was created to reduce foreign money coming into Canada to buy residential real estate, to establish penalties for anyone who helps a non-Canadian to violate this law, to cool the hot housing market from...
October 2022 - Vancouver Real Estate Market Update: The Fall Market Scaries!
Posted on Oct 12, 2022 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for October 2022.
September marked the start of the Fall real estate market! We saw more homes come on the market while home buyer activity dipped 36% below the 10-year September home sales average. The Bank of Canada has been hiking rates in an effort to curb inflation and the c...
