Canada to ban foreigners from buying homes as prices soar
The move signals that Prime Minister Justin Trudeau is becoming more assertive about taming one of the developed world’s most expensive housing markets.
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The move signals that Prime Minister Justin Trudeau is becoming more assertive about taming one of the developed world’s most expensive housing markets.
Hot on the heels of its first foray into the US market, Australian-listed property technology company Openn has struck two further deals to bring its tech to major North American real estate groups.
Canada will ban most foreigners from buying homes for two years as inflation and the rising cost of housing stir political backlash.
Canada is to ban most foreigners from buying homes for two years and provide billions of Canadian dollars to spur construction activity in an attempt to cool off a surging real-estate market. The measures are part of Canadian Minister of Finance Chrystia Freeland’s budget, which was to be released yesterday, said a person familiar with the matter, asking not to be named because the matter is private. The move signals that Canadian Prime Minister Justin Trudeau is becoming more assertive about taming one of the developed world’s most expensive housing markets — and that his administratio...
Expansion Targets Markets With Strong Growth And Aging Housing Stock SAN FRANCISCO, March 21, 2022 /PRNewswire/ -- Kiavi, a leading provider of fi...