The company says it had 33 per cent of condominium sales over $ 700 000 in this wealthy city in 2011. (remonline.com)
«In downtown Vancouver, an estimated 50 per cent of sales activity is attributed to investors, whereas as much as 60 to 85 per cent of new condominiums sales in Toronto's downtown core reportedly involved investors in 2007. (remonline.com)
«Over time you're going to see these units get converted from rental to condo,» says Chris Foley, a principal at Polaris Pacific, a sales and marketing firm specializing in new condominium sales on the West Coast. (realtormag.realtor.org)