January 2 2022

Something doesn't add up. If foreign buyers only comprise less than 2% of home sales. And the average Canadian after tax income is $50k. Who the heck is buying all these million dollar homes every month? Again. Something doesn't add up.

www.ndtv.com

A ban on foreigners buying residential property in Canada took effect on Sunday, aiming to make more homes available to locals facing a housing crunch.