Canada's Greater Toronto Area (GTA) may soon see a resurgence of Chinese property investors, reports BuzzBuzzHome (16 May 2018). According to Chinese property portal Juwai.com, although foreign investment in Canadian real estate declined in the GTA following the implementation of a 15% foreign buyer tax, recent signs indicate an uptick in Chinese buyer interest. Juwai.com CEO Carrie Law explained that based on patterns seen from other markets with similar foreign buyer taxes, investment may dwindle in the short term but generally fully recovers over the long term. “While we don’t expect Chinese offshore buying to recover to prior levels this year in Toronto, we do expect it to recover above the levels seen in the immediate aftermath of the tax’s imposition,” she writes in a statement.