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Foreign homebuyers may be temporarily banned, but BlackRock can continue to gobble up property

National Post: 'Canada will ban most foreigners from buying homes for two years and provide billions of dollars to spur construction activity in an attempt to cool off a surging real-estate market....


'...Home prices in Canada have soared more than 50 per cent over the past two years. The market saw a record monthly increase in February as buyers acted ahead of rate increases by the Bank of Canada, taking the benchmark price of a home to $869,300.'

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