Montreal has surpassed Vancouver and Toronto to be the top real estate investment destination, reports Times Colonist (10 July 2018).  A Sotheby's report unveiled that luxury home sales around the price range of $1 million plus in Montreal grew 24% y-o-y, while Toronto and Vancouver saw y-o-y declines of 46% and 19%, respectively. Leading Chinese international real estate platform Juwai.com has also named Montreal as Canada’s new leading city for Chinese real estate investment, partly because of higher foreign buyer taxes that has been implemented in Metro Vancouver and Greater Toronto.