Real Estate
Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced
A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading →
More new family homes expected to be built in the US in 2017
The number of new family homes being built in the United States is expected to gradually rise this year and next after dipping slightly at the end of 2016. Last year, the National Association of Home Builders projected 1.16 million total housing starts in 2016, which was up nearly 5% from the previous year. Now […] The post More new family homes expected to be built in the US in 2017 appeared first on PropertyWire . Continue reading →
Prices and sales rising in Cyprus as foreign buyers return to the island
The property recovery is underway in Cyprus with the latest figures showing that prices for villas and flats are increasing and sales are also rising. The latest figures from the Royal Institution of Chartered Surveyors (RICS) shows that across Cyprus residential prices for both houses and flats increase by 0.6% and 0.9% respectively in the […] The post Prices and sales rising in Cyprus as foreign buyers return to the island appeared first on PropertyWire . Continue reading →