Vancouver Housing Crisis
Vancouver Housing Crisis
1 min readMay 13, 2016

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25% of the time, it works everytime.

The survey of 250 Royal LePage real estate advisors showed that 24% of those surveyed believed that 25% or more of luxury properties in their area were bought by foreign buyers. Royal LePage defines foreign buyers as buyers who live outside of Canada all or most of the time. In Vancouver, 83% of agents surveyed said they had seen an increase of foreign buyers in 2015. Half of all the agents surveyed said China was main source of international interest in Canadian real estate.

Foreign buyers driving price gains in Vancouver’s high-end real estate: survey

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