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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.