Study finds 1 in 4 B.C. real estate purchases were investment purchases

Most investment purchases were made by single individuals rather than larger businesses
Investors accounted for one of every four real estate sales in B.C. between 2018 and 2020 with Vancouver, Victoria and Kelowna drawing the most interest from investors.
These findings appear in a study from Statistics Canada that looks at the role of real estate investors among property buyers in three provinces — Nova
Scotia, New Brunswick and British Columbia — between 2018 and 2020, the starting year of the COVID-19 pandemic. The study defines investors as individuals who own at least one residential property not used as their primary place of residence.
The study builds on available research on the role of Canada’s investment buyers in shaping affordability in the face of what the study calls