Bravo festival south vmc. Canadian real estate is bleak. Figures provided by the Canadian Real Estate Association on the 15th local time, affected by the COVID-19 epidemic, sales continued to decline, resulting in the Canadian real estate market in April this year had the worst April since 1984.Please Visit: Bravo festival south vmc to Get Your VVIP Registration Today!
The association said the decline in the real estate market this year began in March. In the second half of March, sales fell 14% from the same period in February, and in April they fell 56% from March.
The national average house price in April was 488, 000 Canadian dollars (2.49 million yuan), down 1.3% from the same period in 2019.
The Canadian real estate market is highly seasonal, usually declining in winter and climbing in spring. Normally, the real estate market should pick up from March, and sales should be better in April than in March. What has happened this year is the opposite.
In response, Australia began to turn its attention to vacant houses, as well as personal properties invested by foreign buyers. The move is aimed at cracking down on property speculation and raising taxes on vacant homes, according to Australian officials. On the other hand, the properties bought by “speculators” from China face high “vacancy taxes” while Australia is too far away to pay taxes in time. As a result, Australia has introduced that properties that fail to pay vacancy tax within a certain period of time will be forcibly requisitioned, confiscated and rented out cheaply by the government.
This means that the property invested by Chinese people in Australia is very likely to be “confiscated”, but this is not the most serious. In the face of the “fat sheep” of China’s overseas property purchase, more countries and cities are preparing for the implementation of this policy. to deal with already terrible real estate agents. At present, New York, Seattle and Los Angeles in the United States; Vancouver, Toronto and Montreal in Canada; Sydney, Melbourne and Perth in Australia; and Auckland in New Zealand. At least the global real estate investment destinations that the Chinese once “favored” may implement this move.
