Vancouver Home Sales Fell 37% in Nov.

The video discusses the impact of a tax levied in Vancouver aimed at cooling the housing market, which led to a significant drop in sales. It explores the role of geographic proximity in the housing markets of Vancouver and Seattle, highlighting the influence of international buyers, particularly from China. The discussion also touches on Toronto's real estate market, noting its attractiveness to global investors due to currency advantages and the absence of a similar tax.

What was the reason for the tax levied in the Vancouver area?

How did the implementation of the tax affect sales in the Vancouver market?

What role does geographic proximity play in the real estate market between Vancouver and Seattle?

What trends were observed in the Seattle housing market compared to Vancouver?

How has the Toronto real estate market responded in comparison to Vancouver?