immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Government Data: Percent and Property Sales

government data: The period of analysis was short, consisting of just 19 days from June 10 to 29, according to Georgia Asian. But, speaking at a news conference in Victoria this morning July 7 B.C. Finance Minister Mike de Jong described the information that the province collected from property-transfer tax forms as the most reliable data that's been collected on the issue so far. That's according to new government data released today July 7 that adds to what little is known about who is purchasing Vancouver properties and driving prices to record highs. For the City of Vancouver, foreign nationals accounted for 4.1 percent of property sales. For Surrey, it was 3.3 percent. For Richmond, that number was 14.3 percent and for Burnaby it was 10.9 percent. (www.immigrantscanada.com). As reported in the news.