Hello everyone. I provide you with Canada’s news headlines for real estate news for today.

The ‘foreign investor’ voted business newsmaker of 2016

According to Globe News,

A nameless, faceless figure at the heart of the controversy surrounding soaring real estate prices has been named The Canadian Press business newsmaker of the year.

As home prices in Vancouver and Toronto rose at a torrid pace, public and political attention shifted to an enigma that, rightly or wrongly, some believed to be the culprit: the foreign investor.

The detail is here.

Canadian investors find real estate strategy shifts along with Chinese economy

According The Globe and Mail,

As Chinese commercial real estate investors sent a wave of capital to North America’s property markets this year, some Canadian investors were heading in the opposite direction.

The detail is here.



SOURCE

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