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Foreign home buyers back in Vancouver

Sales had crashed after a foreign buyer tax was announced a year ago

In July 2016, over 24% of home sales in the suburbs of Burnaby and Richmond involved foreign nationals.


FOREIGN buyers have started inching back into the Vancouver housing market, more than a year after the province of British Columbia imposed a foreign buyer tax on real estate deals, according to government data released on Tuesday (Wednesday morning, Singapore time).


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