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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Friday, April 21, 2017

Over half of Canadians cite foreign influence as main driver of high prices - report

In its latest study revealed that fully three-fifths of Canadians believe that foreign buyers are the leading factor in the outsized price growth across housing markets nationwide.

The online portal’s Housing Sentiments and Trends Report polled Canadian users on their views about home ownership, housing affordability, foreign buyers’ taxes, and the current market conditions.

“Recent market fluctuations and policy changes aimed at controlling participation and entry into these markets have caused consumer and media interest to reach a fever pitch,” Lauren Haw said.

Around 61 per cent of Canadians polled indicated that they feel that foreign buyers are driving up home prices in their cities, while 69 per cent voiced support for a foreign buyer tax to be implemented nationwide.

In the provinces experiencing the highest activity, 66 per cent of Ontarians believe that foreigners are mainly responsible for price growth, with 70 per cent agreeable to a levy on this buyer segment. Meanwhile, 74 per cent of those residing in B.C. said that foreign buyers are pushing home prices upward, with 75 per cent supporting the tax implemented in the province back in August 2016.

MBN

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