Since the implementation of the tax on property belonging to foreign owners last August, an additional $ 300,000.00 for an average of $ 2 million house, the Vancouver real estate market has seen a dramatic drop of 15%, according to local real estate boards. Followed, the Toronto authorities are in negotiation mode, so they will apply the same action or not, but it is obviously yes when the average house price in Great Toronto climbed to $ 639,000 compared to $ 920,000.00 in Vancouver. It will likely be introduced in 2017 after the market continues its upward path.
Furthermore, with an average price of 320,000, Montreal is far from the real estate bubble as her sisters and brothers cities. We saw the sky-high buildings built and increasingly widespread in downtown Montreal since 2014 and it continues to grow optimistically with billions of dollars of domestic and foreign investment.
PROJECT: LE CINQ prestigious condo in Montreal
LES ICÔNES CONDOS – VOIR LES PLANS.
LES CONDOS YUL, VOIR LES PLANS
LE DRUMMOND, VOIR LES PLANS
