Juwai data reveals Chinese interest in Canadian properties have jumped 30 percent y-o-y in H1 2017 even with the implementation of foreign buyer taxes, reports Huffpost (13 September 2017). Despite this surge in activity, Canada still lost its spot as the third-favourite destination for Chinese buyers to Thailand. According to Byron Burley, Vice President of Developer and Strategic Sales at Juwai.com,  "The fact that Thailand has pushed past Canada as a favored country for Chinese investment doesn't represent any loss of interest in Canada. Many of the buyers active in Southeast Asia are new to the market and don't yet have the wealth necessary to purchase in a developed country like Canada, where average prices are much higher."