News: Vancouver Real Estate MarketOne in Four Real Estate Advisors Believe that 25 Per Cent or More of Luxury Properties Are Purchased by Foreign Buyers
TORONTO, May 12, 2016 – Canada’s luxury residential real estate market has seen a notable increase in foreign buyer[1] activity over the last ten years, according to a survey of real estate advisors released today in the Royal LePage Carriage Trade Luxury Properties Report.
When asked about activity over the last decade, 66 per cent of real estate advisors believe foreign buyer activity increased in their region since 2005. Almost a quarter (24 per cent) of advisors... |
Royal LePage West Real Estate Services
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