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foreign investors News and Articles | My Blog

Federal government extends foreign buyer ban until 2027

2/4/2024 | Posted in Foreign Buyers by Paul DeAdder

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The federal government today announced a two-year extension to its foreign buyer ban in what it says is an effort to make housing more affordable for Canadians.

... More


Federal foreign real estate speculator tax expected to pass

11/1/2019 | Posted in Foreign Buyers by Paul DeAdder

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The tax mimics what some provinces, including B.C., have already implemented.

... More


1 in 10 new Toronto condos are owned by non-Canadian residents

4/16/2019 | Posted in Toronto Real Estate by Paul DeAdder

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A staggering new analysis of foreign-owned residential properties in Canada reveals that at least 10 per cent of all condos built in Toronto between 2016 ... More


Majority of Canadians blame foreigners for price spikes

7/4/2018 | Posted in Foreign Buyers by Paul DeAdder

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Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC.

... More


Canada among top 3 most stable for real estate investment

1/16/2018 | Posted in Real Estate Investments by Paul DeAdder

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A survey of members of the Association of Foreign Real Estate Investors holds Canada steady in third place for 2017, the same as a year earlier.

... More


Foreign buyers a minuscule portion of housing market: CMHC

12/21/2017 | Posted in Foreign Buyers by Paul DeAdder

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Foreign buyers make up a minuscule portion of the overall housing market in this country, new research shows, but what they own is more expensive and newer than the average ... More


Chinese Interest Is Up In The GTA, But They're Not Interested In Speculation

9/22/2017 | Posted in Foreign Buyers by Paul DeAdder

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Some media outlets recently reported that interest in Canadian real estate among Chinese buyers increased 30 per cent in the first half of this year, compared to a ... More


Foreign buyers' tax is working says Ontario government

9/15/2017 | Posted in Ontario Real Estate by Paul DeAdder

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The number of non-resident owners of real estate in The Greater Golden Horseshoe has declined since the introduction of Ontario’s Fair Housing Plan in the spring.

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There is now better foreign buyer data than ever before

8/30/2017 | Posted in Foreign Buyers by Paul DeAdder

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The government has perhaps its best understanding of just how influential foreign buyers are on Canada’s hottest markets, according to one big bank.

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The Facts Behind Toronto's Most Recent Real-Estate Frenzy

7/6/2017 | Posted in Toronto Real Estate by Paul DeAdder

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New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight.

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Foreign buyer activity in Ontario housing market about 5 per cent: government

7/5/2017 | Posted in Foreign Buyers by Paul DeAdder

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Newly released figures show nearly five per cent of home purchases in Ontario's Greater Golden Horseshoe region were made by non-residents since the Liberal government ... More


Foreign Buyers or Domestic Greed? Over 121,000 Toronto Homeowners Own Multiple Homes In The City

4/27/2017 | Posted in Toronto Real Estate by Paul DeAdder

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New data from the Ministry of Finance shows that Toronto real estate has a bigger problem than foreign buyers, speculators from Toronto. 

... More


New Ontario regulations on buyers' citizenship effective today

4/24/2017 | Posted in Ontario Real Estate by Paul DeAdder

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Regulatory changes that require home buyers in Ontario to provide complete information on their citizenship and place of residence take effect today.

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Bill Morneau says government not planning to raise rate on capital gains

3/24/2017 | Posted in Real Estate Investments by Paul DeAdder

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Finance Minister Bill Morneau said in an interview with The Globe and Mail that he wants to move quickly this year with tax changes focused on high-income Canadians, but ... More


'Marginal' home buyers setting market value in Toronto

3/20/2017 | Posted in Toronto Real Estate by Paul DeAdder

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The most frustrated people in the Toronto area’s real estate market right now are clearly the buyers. But right behind them are many seasoned agents.

... More


Ontario puts foreign buyers' tax back on the table as hot housing market raises alarms

3/10/2017 | Posted in Ontario Real Estate by Paul DeAdder

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A foreign buyers’ tax is back on the table in Ontario, with the finance minister saying it’s one possible option he’s looking at to cool the housing ... More


41% of Chinese buyers say they want Toronto real estate for schooling: Study

3/8/2017 | Posted in Foreign Buyers by Paul DeAdder

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The top reason why foreign buyers from China want to get into the Canadian housing market is education, not investment, according to data from a popular global real estate ... More


Foreigners are already heavily invested in Canada's housing market, whether they're landlords or not

2/27/2017 | Posted in Foreign Buyers by Paul DeAdder

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One puzzle around the run-up in Canadian home prices is the extent to which foreign money is the driver. The idea is that rich people from places like China are buying up homes ... More


Chunk of foreign buyers locked out of market

2/19/2017 | Posted in Foreign Buyers by Paul DeAdder

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Chinese influence on Canada’s real estate market may be coming to an abrupt end due to new rules that lock their funds.

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Foreign capital in Canadian commercial real estate went up 33% last year

2/15/2017 | Posted in Real Estate Market by Paul DeAdder

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Sales of Canada’s office, hotel, and retail properties have reached record-breaking heights last year, fuelled by a strong influx of foreign capital into the ... More


Sharp increase in Americans interested in Canadian real estate

1/23/2017 | Posted in Real Estate Market by Paul DeAdder

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A new report from a leading real estate brokerage suggests many Americans who oppose incoming president Donald Trump continue showing a desire to purchase property in ... More


Foreign buyers have limited power in GTA condo market as sales soar

10/28/2016 | Posted in GTA Real Estate by Paul DeAdder

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Foreign buyers play a limited part in condo sales activity in the Greater Toronto Area but investors play a key role in the market according to a new report from ... More


Ontario will not follow B.C.'s tax on foreign homebuyers

10/25/2016 | Posted in Ontario Real Estate by Paul DeAdder

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Ontario Premier Kathleen Wynne said on Monday that the province will not follow British Columbia’s move to introduce a tax on foreign homebuyers.

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Three quarters of GTA residents support foreign buyer tax

10/13/2016 | Posted in GTA News by Paul DeAdder

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There is overwhelming support among residents of the Greater Toronto Area for a tax on foreign buyers, according to a poll by Angus Reid.

... More


Four major changes to Canada's housing rules

10/4/2016 | Posted in Real Estate Market by Paul DeAdder

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The Liberal government has announced sweeping changes aimed at ensuring Canadians aren’t taking on bigger mortgages than they can afford in an era of historically low ... More


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