Chinese investors buy one-third of Vancouver homes: National Bank estimate

Buyers from China comprised about one-third of purchases of Vancouver’s hot housing market in 2015, according to “back of the envelope calculations” by National Bank of Canada. Chinese investors spent about $12.7 billion on real estate in Vancouver in 2015, or 33 percent of its $38.5 billion in total sales, according to a note […]

from http://www.vancouversun.com/business/bc2035/chinese+investors+third+vancouver+homes+national+bank/11804486/story.html