No if you narrowed the regions you were looking at, the amount of non-resident buying of housing in Vancouver was indeed quite high. For example if you're look

No if you narrowed the regions you were looking at, the amount of non-resident buying of housing in Vancouver was indeed quite high. For example if you're looking at new condos in Richmond, that was 23% being purchased by non-residents. https://www.cbc.ca/news/canada/british-columbia/vancouver-non-residents-statistics-canada-figures-1.4456657 https://www.cbc.ca/news/canada/british-columbia/vancouver-no... Additionally the government only started collecting data around foreign ownership well after the steepest part of the bubble curve was over so who knows what the actual sales numbers were when the prices just started rising.