Although Asian investors are now heading to Toronto for commercial property, Chinese home buyers are actually moving away from Canada's biggest cities. A previous report by Juwai.com, a real estate portal for Chinese buyers, found that foreign buyers are most interested in Halifax and Calgary, rather than Toronto and Vancouver, for homes. Again, foreign buyer taxes, as well as high home prices, both contribute to this change of interest among Chinese buyers, according to Juwai CEO Carrie Law, reports Toronto Storeys (11 April 2019).
