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Chinese spreading wealth make Vancouver homes pricier than NYC

Posted on 17 May 2011

Vancouver’s Royal Pacific Realty had such a surge of business during the first two weeks of February that agents and assistants worked day and night shifts to find homes for Chinese buyers visiting during the Lunar New Year.
“It was unprecedented,” said Royal Pacific Chief Executive Officer David Choi. “I called them sleepwalkers.” Sales of detached homes, townhouses and condominiums in metropolitan Vancouver………………………………………Full Article: Source


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