Jan 11, 2018
New regulations may lead to new real estate disputes in 2018
The housing market is influenced by a variety of factors. Factors like regulations, demand and the economy have a huge impact on real estate markets, and buyers and sellers alike should take note of these changes to avoid and handle and real estate disputes. In Ontario, regulatory changes and local trends will have an impact on real estate in 2018.
One of the regulations continuing to impact real estate in Ontario is the foreign buyer tax. Real estate investors who live outside of Canada are driving up housing prices in large cities like Toronto and Vancouver. Housing prices and foreign buyer trends may be influenced by this tax.