Canadians top foreign buyers of New York property

Canadians have spent more on real estate in Manhattan than any other foreign investor, according to new figures.

Real Capital Analytics says Canadians have bought U$3.85 billion of New York property in 2015, doubling the amount spent last year.

CBC reports that pension funds are the largest single group of investors with a total of U$581 billion under management in the city.

Canadian firms are also involved in developments in Manhattan, including a large waterfront project that could create 17 million square feet of commercial and residential space. 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?