Monday, 1 July 2013

According to a report published by sothebysrealty.ca, foreign buyers account for as much of 40% of the luxury single family home market in Greater Vancouver, BC. The major player is China but numbers from Iran and United States are in surge.

It has been found that a luxury home in Vancouver, in an area of around 3500 sq. ft. costs $2.8 million in Vancouver Real Estate Market (on an average) as compared to $2 million of Toronto and Calgary and $3.5 in Montreal. Also, the locality plays a crucial role in prices. The same home can cost up to $4 million in West Side.

The following infographic says a lot about it:

Source:http://www.rew.ca/news/foreign-investment-in-vancouver

4 comments:

  1. Facing issues regarding Real Estate Investments in Australia is really important to enhance our skills as an agent. We have to well take care of our acts and do what is right for our business. Making sure that everything goes well in our business to ensure that we will succeed.

    http://property-investments-australia.blogspot.com/2013/05/investment-in-real-estate.html

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  2. I think it's little bit costly luxury home in vancouver.

    san jose real estate & buy house in san jose

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  3. Being ready is really important in this business. We must rely on ourselves to handle this business well and to control whats happening on our Property Investment. We should show more support in our agents and try to help them out when things get wrong.

    http://property-investment-brisbane.blogspot.com/2013/06/real-estate-making-investment.html

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  4. Oh my goodness it is an optimistic article about the Foreign Investment in Vancouver’s Real Estate Market.



    Sitges Real Estate & Accommodation in Sitges

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