Capital gain tax's impact on the real estate market

Paul Maranger, Broker and Senior Vice President at Sotheby's International Realty Canada, joins BNN Bloomberg to talk about the luxury real estate in Canada. Maranger says there has been decent demand for luxury real estate in Q1. However, he adds luxury real estate buyers are looking for quality homes adding the have the luxury of time give expectations of rate cuts at some point this year are increasing. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.