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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.

High-net-worth individuals are discouraged from investing in the Canadian housing market

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

For the foreseeable future, immigration will continue stoking the need for housing in Canada’s largest cities, according to RBC Economic Research.

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

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

The impact of the Ontario’s Fair Housing on foreign buyers of the province’s real estate has been revealed by the finance ministry. Finance minister Charles ... More

Nearly 10% of mortgages issued in Vancouver and Toronto in 2016 went to non-permanent foreign residents aged under 25 years old, according to the Canada Mortgage and Housing ... More

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

Educational opportunities are driving Chinese homebuyer inquiries for Canadian properties, despite foreign-buyer taxes in two of the nation’s hottest housing ... More

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

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.

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

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

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

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

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

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.

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

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

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

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 ownership of existing Canadian condominium units in Canada's three biggest cities has declined in 2016 compared with the previous two years, according to ... More

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

Some observers have speculated that foreign investors will turn to Toronto’s real estate market after BC tacked a 15-per-cent tax on all non-residents ... More

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

While the debate continues on whether Ontario should follow BC with a tax on foreign ownership of homes in the GTA, a report highlights another issue which is driving up home ... More

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

Foreign investors, deterred from Vancouver’s residential property market by the 15 per cent tax, are likely to increasingly focus on commercial real estate.