Recent data from B.C.’s Macdonald Realty, one of the country’s largest brokers, shows that 33 per cent of Vancouver’s properties over all – and an astonishing 70 per cent of properties valued over $3-million – are sold to offshore buyers.
http://www.theglobeandmail.com/report-on-business/rob-commentary/what-will-it-take-to-rein-in-toronto-and-vancouver-housing-prices/article27862566
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