Archive | December, 2015

Foreign buying of Canadian homes

Well if anyone was hoping that foreign buying would be curtailed by the new Liberal government, it appears to be unlikely. With some very intelligent remarks about “unintended consequences”, Mr. Trudeau essentially said “Not happening”.  But I think what is far more interesting is to consider what seems to be happening.  In my humble opinion, our […]

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Foreign buyers taking more of the condo market

The CMHC has confirmed what has been fodder for many anecdotes, the percentage of foreign condo buyers are increasing in Toronto, Vancouver and Winnipeg.  What is happening on the freehold market is anyone’s guess because we don’t have the data.  Why they are buying?  It could be folks who want to hold a “usually” stable asset […]

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