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Canada prepares to ban foreigners from buying homes
Published on: 2022-04-08
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Canada will ban most foreigners from buying homes for two years and provide funding to boost supply to help stem soaring property prices. That is a warning shot for new investors from China and India, two of the biggest winners of permanent residency in recent years.
 

The measures will be contained in the state budget to be unveiled on Thursday, citing a person familiar with the matter, asking not to be named because the matter is private. The ban, however, will not apply to students, foreign workers or permanent residents, the person said.
 

Home prices in Canada have soared more than 50 per cent over the past two years. The market saw a record monthly increase in February as buyers acted ahead of rate increases by the Bank of Canada, taking the benchmark price of a home to C$869,300 (US$692,407).
 

Still, foreign ownership of Canadian homes remains small at about 3.8 per cent in British Columbia, and 2.2 per cent in Ontario, according to official data. The proposed ban is unlikely to alter much of the bullish fundamental or kill the market, according to Dexter Realty in Vancouver.
 

加拿大要立法禁止外国人买房!

为楼市降温,加拿大将在两年内禁止多数外国人买房,并提供数十亿美元来推动保障性住房等建设活动。
 

彭博社引述知情人士称,加拿大财政部长克里斯蒂亚•弗里兰将在周四发布的预算中包含这些措施。据悉,禁止外国人买房政策不适用于学生、外籍员工或在加拿大永久居留的外国公民。
 

加拿大是全球最贵的房地产市场之一。禁止外国人买房,表明加拿大总理特鲁多对楼市降温越发坚定,而且政府越来越担心通货膨胀带来政治冲击和住房成本上涨。
 

该国房价两年来上涨逾50%,今年2月的房价更创下最大单月涨幅,购房者赶在加拿大中央银行加息之前采取行动,一套房基准价格达到86万9300加元。

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