Finance

Finance

Foreign ownership of residential properties

Tuesday, July 26, 2016 11:30 AM

Updated data on foreign investment show more than $885 million in foreign investment flowed into Metro Vancouver’s residential real estate market in just five weeks, representing 86% of the capital invested in the sector by foreign purchasers throughout the province.


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Action on foreign investment, consumer protection and vacancy puts British Columbians first

Monday, July 25, 2016 10:20 AM

Legislation introduced creates new measures to help make home ownership more affordable, establishes a fund for market housing and rental initiatives, strengthens consumer protection, and gives the City of Vancouver the tools it requested to increase rental property supply.


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