Real Estate: Foreign Buying Plummets In Vancouver: Sales To Foreigners Crash 96%

– Foreign Buying Plummets In Vancouver: Sales To Foreigners Crash 96%:

Overseas buyers accounted for a paltry 0.7% of the C$6.5 billion of residential real estate purchases in August in Metro Vancouver; this represents a 96% plunge from the seven weeks prior, when foreigners were responsible for 16.5% of transactions by value.

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