Who is buying all the Metro Vancouver condo's?
Blog by Diane Cardoso | September 24th, 2014
Who is Buying all the Metro Vancouver Condo's? Live-in Owners or Investors? An interesting random survey of 42,426 condo owners was done by CMHC in 2013. They found that 82.9% of the condo's were occupied by "live-in" owners and that only 17.1% are investors. 74.5% of investors own 1 condo, 15.7% own 2 units and 9.8% own three or more units. Only 19.5% of investors bought at "pre-sale" time. The survey did not include foreign investors.