Toronto luxury home sales heating up as B.C. tax diverts foreign buyers: Sotheby's

Wednesday Sep 14th, 2016

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Nicole Gibillini, BNN.ca Staff Toronto’s housing market should brace for more interest from foreign buyers, as the effect of British Columbia’s property tax on foreign nationals takes hold and pushes investors to look beyond Vancouver, according to a new forecast by Sotheby’s International Realty Canada. “Hints of newly redirected interest from international investors following the introduction of Vancouver’s foreign buyer tax have been observed by... [read more]

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