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New stats show fewer foreign residents buying GTA homes

from CBC News

New figures show the pace of foreign purchases of residential real estate in the Greater Toronto Area has slowed to a trickle, two years after the province imposed a tax to try to cool the housing market. The statistics were made public in the wake of reporting by CBC News that found the provincial government had not put out any new information on the foreign buyers tax on home sales in more than a year. more

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