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 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
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
Property /  International

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

Topic |   Business in Vancouver
Business in Vancouver
Business in Vancouver

Updated: 2:54pm, 20 Jul, 2018

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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 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
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
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