While the introduction of a 15 per cent foreign buyers tax has cooled the real estate market in Vancouver, the effects will not last indefinitely, according to a new RBC report. Photo: Shutterstock
Canada’s foreign real estate buyers tax won’t be a long term deterrent
Royal Bank of Canada says Vancouver will still attract wealthy foreign investors
While the introduction of a 15 per cent foreign buyers tax has cooled the real estate market in Vancouver, the effects will not last indefinitely, according to a new RBC report. Photo: Shutterstock