An economist from Capital Economics is predicting that property prices in Vancouver and Toronto could fall by as much as 30%. However this is the same economist who predicted prices would drop by 25% in these same cities in 2011. That price drop has yet to materialize but it hasn’t stopped David Madani from making […]
A recent article by the Globe and Mail.com highlights the impact Chinese buyers are having on the luxury real estate market in Vancouver, Canada. According to data from a real estate company in British Columbia, mainland Chinese buyers accounted for 70% of the companies transactions for luxury homes in the city costing in excess of $3 million […]
