Real Estate Report: Where do the buyers come from?

It has long been a standard question, “ Are the American buyers coming back?”. Just to put it in perspective, if we go back to the heady days in 2007 when there were 234 residential sales in that year as compared to 2014’s 183 sales, only 4.2% of the buyers were from the US. In that same year 11% of the buyers were from Alberta. 81% of the buyers were from BC of which 17% were from the lower mainland and 46% were from Salt Spring Island. In 2014 and continuing into 2015, the US buyers were only 1.5% of the market and Alberta only had 4.3%. Buyers from BC were still on top with 85% of the buyers of which 20% were from the lower mainland and 45% were from Salt Spring. Salt Spring - Real Estate Report - Residential Sales 2007 Salt Spring - Real Estate Report - Residential Sales 2014 Salt Spring Exchange - John Cade - 2015John Cade, Pemberton Holmes Salt Spring Island

May 4, 2015 2:37 PM

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