Market Update

  • Foreign buyer tax faces lawsuit by Steve Randall

    The 15 per cent tax on foreign buyers of Vancouver homes looks set to head to the courts. Chinese student Jing Li has filed a lawsuit challenging the tax, which has added $84,000 to the cost of the Vancouver townhome she is buying

  • Windsor-Essex County home sales remain strong by Steve Randall

    Home sales in Windsor-Essex County remained strong in August with market activity up more than 9 per cent compared to a year earlier and year-to-date sales up 13.11 per cent

  • CIBC economist says Ontario will have to tax foreign buyers by Steve Randall

    Ontario will have to follow BC in taxing foreign home buyers in order to cool the Greater Toronto Area housing market according to CIBC economist Benjamin Tal

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