The report says properties that have at least one non-resident owner amount to 6.2 per cent in B.C., with 3.7 per cent owned by non-residents only.
Real estate economist Tom Davidoff, of the University of British Columbia's Sauder School of Business, said the numbers show that Vancouver remains popular for residents even after the foreign-buyers tax was implemented in 2016. The figures, one industry watcher says, show B.C.'s foreign-buyers tax hasn't entirely dampened worldwide interest in the B.C. housing market.
Homes owned only by non-residents of Canada accounted for 2 per cent of residential properties in Ontario.
In that case, Greater Victoria's 5.2 per cent average breaks down to 2.9 per cent of households being non-residents only, while 2.3 per cent are a mix of residents and non-residents.
In Nova Scotia, foreign buyers aren't interested in the city, with picturesque places like Cape Breton Island and the province's south shore driving up overall rates of non-resident ownership.
Just over 10 per cent of B.C. condos are owned by non-residents, and 6.2 per cent of all property types. Non-residents own less than 6 per cent of condos built between 1961 and 1990. However, because the percentage of properties is higher outside of Halifax, CMHC said non-resident ownership is likely more prevalent for vacation properties.
QB Alex Hornibrook announces transfer to Florida State
In nine games in 2018, Hornibrook completed 59.5 percent of his passes for 1,532 yards and 13 touchdowns with 11 interceptions. The addition of Hornibrook will put a bit of pressure on projected starter and redshirt sophomore James Blackman .
Detached homes are pictured in Vancouver, B.C., on March 4, 2019.
When it comes to condos, nearly half of those owned by people who live outside of Canada are in Vancouver, followed by Richmond then Burnaby.
In the City of Vancouver, the median assessment value of a non-resident-owned condo is $96,000 higher than condos owned by residents who live in Canada.
Compiled by the Canadian Housing Statistics Program, the report outlines the differences between non-resident owners and non-resident participation in the B.C. housing market, and whether assessments vary depending on the type of ownership.
In Vancouver, the difference in ownership is most extreme when it comes to new condos: 19.2 per cent of condos built in 2016 and 2017 are owned by non-residents. However, CMHC and Statistics Canada analysts explained Tuesday that the data the agencies have collected so far doesn't yet cover enough time to see whether those policies are having the desired effect.
Maduro says Guaido is a puppet of Washington and dismisses his claim to the presidency as an effort by the administration of U.S. Problems have been exacerbated by hyperinflation the International Monetary Fund says will reach 10 million per cent this year.
The Foreign Minister reiterated German Chancellor Angela Merkel's invitation to the Prime Minister to visit Germany. He added that both countries needed to keep communication channels open and work to diffuse the conflict.
Kelly , 52 ans, a été libéré samedi après avoir payé la somme de 161.000 dollars qu'il devait régler à son ancienne femme. L'interprète de I Believe I Can Fly devra refaire face à la justice plus tard en mars en vue d'aborder ces deux dossiers.
One name notably absent from the ballot was that of North Korea's chairman Kim Jong Un , according to the BBC . They are not a real contest because ballot papers contain only one approved candidate for...
With the win, the 76ers (42-25) move to into the third seed in the Eastern Conference, winning the season series 3-1. Blake Griffin's 28 points, six rebounds and five assists led the Pistons past the Bulls 131-108.
Cette première journée était consacrée à des questions de procédure et a été marquée par quelques passes d'armes. L'occasion de premières piques entre les bancs de la défense et les parties civiles, à couteaux tirés.
Nadal eased by 25th-seeded Diego Schwartzman 6-3, 6-1, while Federer defeated Swiss countryman Stan Wawrinka 6-3, 6-4. The 2012 Indian Wells finalist will face one of two Russians, Andrey Rublev or Karen Khachanov, in the fourth round.
An elderly man in the U.S. was reportedly told he was going to die via a video-link on what his family described as a "robot". Quintana's family is quite upset with how the news was broken to him, saying that he deserved better than that.
The stopover will also give team medics a chance to assess the pair's fitness after they both underwent elbow surgery in January . The visit will give Smith and Warner a chance to start repairing any strained relationships within the touring party.
US to close global immigration offices
In this December 12, 2017, photo, United States Citizenship and Immigration Services (USCIS) Director L. One of the responsibilities of the overseas offices is to help process refugee applications.
Solar storms could cripple modern life
The find shows that the danger of solar storms has been "underestimated", the researchers say. Solar storms can be far more powerful than previously thought.
Tim Tebow reassigned to Syracuse Mets
The 2007 Heisman Trophy victor for 4 for 15 with no extra-base hits in 18 plate appearances during spring training. This is Tebow's third season playing professional baseball. "You've been around here, you've seen that".
Cleveland Browns re-sign wide receiver Breshad Perriman
Named to the Pro Bowl in 2014, Richardson has 333 tackles and 23.5 sacks in 89 career regular season games with 87 starts. Richardson will line up opposite Larry Ogunjobi in the middle of the defensive line for new coordinator Steve Wilks .
US immigration agency to slash overseas presence
Department of Homeland Security officials say it is part of an overall effort to streamline USA immigration operations. International USCIS staff provide support to US officials who travel overseas to interview refugee applicants.