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Foreign money driving top of housing market in Vancouver, Toronto

21 Dec Foreign money driving top of housing market in Vancouver, Toronto

Posted at 20:09h in News by
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VANCOUVER/OTTAWA, Dec 22 (Reuters) – Foreign buyers in
Canada’s two largest housing markets are focused on larger and
more expensive homes, new data from Statistics Canada shows,
confirming industry lore that their money drives up top-end real
estate prices in Vancouver and Toronto.

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