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Wasn’t there a report in the last 10 years about China accounting for a huge portion of property sales in Canada? I thought I remembered seeing it was as high a
by brightball 9mo ago
Wasn’t there a report in the last 10 years about China accounting for a huge portion of property sales in Canada? I thought I remembered seeing it was as high as 30% in some areas.
- jeromegv 9mo ago30% of house sales in Canada are not purchased in China, no.
- brightball 9mo agoFound the article. Vancouver specifically. I believe this led to some legislation in 2023 to prevent or reduce foreign home buyers? https://vancouversun.com/business/local-business/chinese-investors-buy-one-third-of-vancouver-homes-national-bank-estimate https://vancouversun.com/business/local-business/chinese-inv...