Luxury properties in demand in Vancouver

 

The summer is busy and hot in Vancouver for real estate market. For few weeks we see the sales outnumbers the listings. If investors are only 17, 1% of all buyers, as per CMHC (excluding corporations and foreigners), wonder who is after all these luxury properties in our gorgeous city:

http://www.vancouversun.com/business/Boom+times+Vancouver+high+real+estate/10009367/story.html

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