Chinese enquiries for Canadian real estate surged 134% in the Q1 2016 compared to last year on Juwai.com, reports Bloomberg (14 April 2016). Juwai Data shows that the total value of Canadian homes Chinese buyers made enquiries for almost tripled from $5.6 billion to $14.9 billion. “Barring any big changes in the environment, we expect Chinese investment in Canadian real estate to increase in 2016, and the impacts of that investment to be spread more widely as these buyers move into new markets,” Charles Pittar, CEO of Juwai.com.
