Foreign investors have enjoyed investing in housing in Canada over the last couple of years, but signs are saying we may be in for a cooling off period come 2017.
Home sales across Canada are down and has economists pointing to an eminent cooling of the national housing market in 2017 after a red hot couple of years. The pressure is now on the federal government to find a resolution and have plans to delve deep into housing market data to evaluate how much the housing market relies on foreign investor to stoke demand.
