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readychat: The Effects of the Cooling Canadian Housing Market in 2017
- 10/07/16 02:47 AM
This year has been a wild ride for Canadian home buyers and sellers. Surging prices, overvalued properties and a short supply is being blamed on foreign investors, which have enjoyed great returns since the country began to bounce back from the recession.
However, there is concern from the federal government that they are pricing out locals. This is most pressing in the Vancouver market, the second hottest in the country, but new taxes introduced by the B.C. Liberal party meant to even the playing field for locals, at the same time, devaluing the real estate investments of Vancouverites. The Vancouver market is … (0 comments)
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This year has been a wild ride for Canadian home buyers and sellers. Surging prices, overvalued properties and a short supply is being blamed on foreign investors, which have enjoyed great returns since the country began to bounce back from the recession.
;)
;)
