Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
Foreign transactions of luxury real estate in Vancouver are on the decline. Both the number of transaction and median price are dropping.
The biggest travel season in history is going down for Chinese New Year, and apparently many of the travelers plan on hunting for property.
Juwai, China’s largest international property portal, has partnered with China’s Tencent to ramp up sales of US and Canadian real estate.
Vancouver real estate document erroneously names Chinese fund that “acts on behalf of the State, and manages real estate investments.”
Turns out if you’re a foreign buyer looking for Vancouver real estate, you might end up paying a premium…before the foreign buyer tax.
Vancouver real estate gives speculators another break, as the city’s priciest neighborhood isn’t “technically” Vancouver.
The foreign buyer tax implemented to help cool Vancouver real estate could become a fine that all Canadians will have to pay.
Americans fleeing President Trump might be surprised by the cost of Canadian real estate – especially since they’re “foreign buyers.”
China’s real estate investors and the people selling them property are divided on which US presidential candidate is best for business.