Monday, January 28, 2013

For a snapshot of the Vancouver real estate market, look to the mainland





Vancouver's housing market may depend on the strength of the mainland economy as much as anything that happens in Canada.


The chart of the week shows the relationship between growth in China's gross domestic product and home prices in metropolitan Vancouver, Canada's most expensive city, where Statistics Canada data show 15 per cent of the population has a first language that's a Chinese dialect.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1136045/snapshot-vancouver-real-estate-market-look-mainland

No comments:

Post a Comment