According to Juwai.com’s latest data, Chinese luxury property buyers now prefer Toronto over Vancouver, reports The Globe and Mail (28 November 2015). On Juwai.com, the average price for inquiries in Toronto has increased for the past two years whereas it fell in Vancouver. “This doesn’t mean Vancouver will never see another high-priced Chinese buyer again. They are still very active there,” says Simon Henry, Co-Founder of Juwai.com. “It just means the momentum is shifting to Toronto at the top end of the market.”
