Vancouver has beautiful scenery and attracts lots of visitors all over the world each year. Now it seems like the goal of some tourists isn’t to visit popular destinations around the city but to scout for housing deals.
VANCOUVER — Chinese interest in Vancouver-area real estate is so strong that it’s fuelling a market for real estate tourism, with groups of wealthy travellers scheduling visits to the city for the sole purpose of house hunting.
China-based Internet sales company SouFun is organizing two tours — groups of about 20 each from Beijing and Shanghai — which will visit Vancouver and Toronto in August on the hunt for “million-dollar or multi-million-dollar” listings.
First reported in Vancouver’s Ming Pao Daily News, and repeated on the news blog Chinese in Vancouver, a SouFun spokesman said potential buyers are particularly drawn to neighbourhoods with “famous” schools or ocean views.
Ming Pao reporter Eric Chan said SouFun drew a lot of participation for the tours from areas around Shanghai…
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Posted by Derek Penner
Date: June 28, 2010