In Markham's demand Raymerville area, the market went to a soft landing, 2 homes sold every week leading up to the foreign buyers tax announcement.     Following this we  saw 6 weeks of silence of no sales but many new listings, ending this past few days with sales starting yet again.    Now latest two sold are over asking and two others are cancelled and listed at a higher price.   Big Asian community with many resources are easy integration for young families are valuable for certain communities.   Lots of original owners from new not willing to part with their homes just yet,  which I hear scares some buyers here that the will expect even more in the next few years.   My parents are some of those and intend to wait it out another 3-5 years and cash out even higher.  Seems to be the trend in these demand neighborhood pockets.