Toronto property fire Chinese not buy Vancouver real U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants Stocks – 8 am Beijing time Reuters said that a new tax on foreign buyers of the Vancouver property market suddenly cold, but let the Toronto property market is more popular. Toronto real estate bureau data released on Wednesday showed that in August the city’s residential sales soared 23.5% over last year, reaching a record high of 9813 units. In contrast, the Vancouver real estate bureau this month earlier released data show that in August the city’s residential sales fell 26%. Vancouver in British Columbia Province in July the end of the launch of the new deal, for foreigners in Vancouver purchase 15% levy real estate transfer tax. In recent years, a large number of foreign buyers, especially buyers from mainland China into Vancouver, making it the most expensive real estate market in canada. The introduction of the new tax is aimed at cooling the overheated property market in order to appease local discontent. But some industry experts have said that this policy may lead to foreign buyers to the property market in Toronto. Royal Bank of Canada CEO Dave – McKay (Dave) on Wednesday said that compared with Vancouver, the Bank of Toronto’s real estate market is more confident. "We still have a share in Toronto’s residential mortgage market, not in Vancouver. This is our conscious choice." Editor: Yu Jian SF069相关的主题文章: