Foreign buyers of real estate at 4.7 per cent of sales: largely unchanged since last year

New data from the Ontario government seems to indicate that only 4.7 per cent of properties sold between April 24 and May 26 were bought by foreign buyers. The new 15 per cent tax on international-buyers was announced April 20th, but seems to have had no impact. Only 859 sales in this period were foreign … Continue reading Foreign buyers of real estate at 4.7 per cent of sales: largely unchanged since last year