Blog - Craig Doherty

BC Extends Foreign Buyer Tax Exemptions #IToldYouSo

Posted on Mar 20, 2017

I've been predicting for some time that, as it was a last-minute, ham-fisted, non-consultative, ethnically-driven, populist-soothing, unCanadian disaster, the Foreign Buyers Tax would be rolled back in part or whole.

It has just been announced that more foreign buyers of homes in British Columbia will be able to claim exemption from the additional p...

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Sotheby's - 2016 Year End Top Tier Real Estate Report

Posted on Feb 15, 2017

Read the Sotheby's International Realty Canada bi-annual report that details significant shifts in the performance of key Canadian top-tier real estate markets in 2016. Key real estate insights in each Canadian market can be read by visiting:

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Surprise, surprise, surprise!! BC Foreign Buyers Tax Amended

Posted on Jan 30, 2017

Ok I'm showing my age with the Gomer Pyle reference but this whole episode strikes me as a comedy.

This was always going to happen when something is introduced hastily, without consultation and for ethnically driven reasons. No, I'm not talking about the Trump Muslim Ban but the BC Foreign Buyers' Tax.  

British Columbia's premier has announced her gov...

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Canada releases "A New Vision For Housing In Canada"

Posted on Nov 22, 2016

The Canadian government has unveiled its housing strategy plans, following months of consultation with Canadians and industry stakeholders.

“Affordable housing can connect individuals with the facilities and services they need to build secure, productive and meaningful lives for themselves. Living close to jobs, public transportation and childcare e...

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Canadian housing boom continues. Vancouver market ‘returning to earth’ softly.

Posted on Nov 19, 2016

Canadian home resales and prices rose in October as the nation's long housing boom continued, two separate reports showed on Tuesday, but analysts said higher borrowing costs have increased the risk of a correction.

Prices rose 0.3 per cent last month from September and were up 11.8 per cent from a year earlier as Toronto's red-hot market offset the...

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