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Real estate market news Aug 12th 2016

B.C. tax could make Ottawa a big attraction for foreign home buyers, agent says | CBC News

An Ottawa-area real estate agent says Ottawa's housing market will feel the impact of Vancouver's new foreign home buyers' tax, and could become the second-most popular destination for foreign buyers in Canada.

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Montreal Real-Estate Mkt. Could Escape Foreign Control

A new tax on foreign buyers in Vancouver has real-estate agents predicting a spillover effect into other Canadian markets. But it's unclear if Montreal, will be among them, with experts opining that the market in that city is nothing compared to ...

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