Just how many foreign home buyers are in Metro Vancouver?

Posted by Michael La Prairie on Monday, June 18th, 2018 at 10:31am.

That's a complicated answer, since Statistics Canada only recently started tracking it

If you ask what's to blame for Vancouver's hot housing market, many people will point to foreign buyers.

 

Just how many foreign home buyers are in Metro Vancouver?

It's tempting to blame the real estate debacle on foreign buyers, but the facts don't necessarily support this.

Partially, that's because there isn't good data to support this. Statistics Canada has only recently started tracking non-resident buyers in Canada.

So what do we know? 

Watch the video with CBC's Bal Brach to see what that data tells us about foreign ownership in Vancouver. 


Continue watching Just how many foreign home buyers are in Metro Vancouver? at CBC Website

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