Click on the banner to search Macdonald Realty listings

Click on the banner to see this month's Macrealty Real Estate Market Reports

ASKING $1,328,000

ASKING $1,328,000
16-4411 WILLIAMS ROAD, RICHMOND BC (click on image for details)

Wednesday, September 21, 2016

Tax on foreigners leaves Vancouver real estate exposed, analysts say

A report from Fitch ratings says if there's a sudden spike in local unemployment with the foreign buyer tax in place, Vancouver's real estate prices could come down fast. http://www.cbc.ca/news/canada/british-columbia/real-estate-unemployment-1.3733093

Photo courtesy of TOURISM VANCOUVER

Photo courtesy of TOURISM RICHMOND

Photo courtesy of CITY OF BURNABY

Photo courtesy of CITY OF NEW WESTMINSTER

Photo courtesy of CITY OF SURREY