Foreign Buyers Own 1 In 10 Recently Built Condos In Canada, 1 In 20 Homes In Total
Better Dwelling
JANUARY 8, 2022
Canadian real estate might have a lot more foreign owners than previously thought. Diving through Statistics Canada (Stat Can) data, we found non-resident participation in homeownership soared in 2020. Non-resident buyers have a small share in property transfer records, but foreign capital is pouring in. In the four provinces tracked, about 1 in 10 recently […].
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