BC city now ranks among world's top 2 luxury home markets, and it's not Vancouver



With Vancouver feeling the effects of a tax on foreign buyers, international investors are turning to pricey real estate in B.C.'s quaint provincial capital. So much so, in fact, that the city now ranks among the world's top two luxury property markets.


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Canada's home prices climbed 1.2 per cent in April compared with March, according to new data from the Teranet-National Bank House Price Index. Eight of the 11 metropolitan markets surveyed experienced month-over-month price gains. The composite ...
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