---
id: 6138c8f2d4
section: other
first_reported: 2026-11-08 17:59 EST
updated: 2026-11-08 17:59 EST
status: reported
outlets: 1
---

# New exemption allows foreign buyers to purchase new homes but will it help affordability?: experts

When Lucy Hua started her career in real estate a decade ago, most of her clients were foreign buyers. That market dried up after Canada enacted a ban on foreign purchases of residential property in 2023.

Section: [Around Town](/montreal/section/life.md) · Entities: none

## Coverage

- [CTV News Montreal](https://www.ctvnews.ca/canada/article/ottawa-relaxes-rules-on-foreign-buyers-but-affordability-challenges-still-remain/), 2026-11-08 17:59 EST: New exemption allows foreign buyers to purchase new homes but will it help affordability?: experts

Headline and summary written by the Acta Diurna desk from the coverage above. Read the original reporting for full detail.