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Foreign investors prominent in Canada’s luxury real estate market

Posted on 19 April 2013

Foreign investors have a prominent and growing influence in the luxury real estate markets of Montreal, Vancouver and Toronto, a realtor survey by Sotheby’s International Realty Canada suggests. Half of the luxury home buyers in Montreal are from other countries while in Vancouver it’s 40 per cent, the Sotheby’s Top Tier Trend Report found.
The company, which specializes in high-end real estate, surveyed around 30 Sotheby’s realtors responsible for the firm’s biggest deals in a dozen Canadian markets………………………………………Full Article: Source


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