'This is Vancouver deja-vu': How Seattle's housing market is making way for foreign buyers - News Summed Up

'This is Vancouver deja-vu': How Seattle's housing market is making way for foreign buyers


It's been six months since the provincial government introduced a foreign buyers tax to cool the hot housing market — and scores of Seattle Realtors have been taking advantage ever since. Jones says the introduction of a foreign buyers tax last summer almost immediately sent a ripple through Seattle's housing market. Jones says real estate agents will continue to monitor how the buyers' tax influences real estate in B.C. He admits, brokers down south have learned some lessons from Vancouver's hot housing market. With files from CBC's On the CoastTo listen to the full interview, click on the audio labelled: 'This is Vancouver deja-vu': How Seattle's housing market is making way for foreign buyers


Source: CBC News March 12, 2017 16:52 UTC



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