A recent survey released by a local Real Estate and marketing firm has mentioned the hot Vancouver’s Homes and Condos Real Estate Market is driven by Chinese Immigrants and not mainland Chinese investors.
It appeared there is a lot of confusion as to where these Real Estate buyers are from and why they are buying Vancouver Homes and Condos.
Foreign home buyers in Vancouver included Chinese, Middle Eastern, the U.S. and Europe.
A recent report by Colliers International said Metro Vancouver Real Estate was now in the same category as New York, London and other major global cities, attracting the world for a variety of reasons.
Toronto continues to attract thousands of similar immigrants yearly and more and more Condos are under construction to accommodate their needs.