Plaza on yonge condos . According to a report on sales of luxury homes in Vancouver released by Sotheby’s International Real Estate, the prices of luxury homes with prices above 10 million yuan increased by 300% compared with the same period last year.Please Visit: Plaza on yonge condos to Get Your VVIP Registration Today!
“the record-breaking sales show strong local and global interest in Vancouver real estate,” Firth said. Vancouver is a very popular city because it offers a wonderful way of life and we would like to see continued interest in the urban luxury market. “
The 20-year-old Belmont mansion has 12 bathrooms and five bedrooms. Designed by Ernest Collins Architect Construction Company, in cooperation with the owner, it took more than 5 years to build.
Every element in the house is carefully selected. There are six parking spaces, a stone waterfall and a magnificent hall. The facilities listed by Sotheby’s include more than three fireplaces, heated floors, a gym, a library, a hot tub and indoor swimming pool, a steam room, a floor sprinkler system, marble countertops, private elevators and wine cellars. The mansion also has a circumferential platform and terrace overlooking the sea and mountains on the north shore.
Foreign buyers bought 107000 homes in the US, down 31 per cent from a year earlier. In terms of total home purchases, the total price of buyers from China in the United States reached $4.5 billion during this period, the highest in the world, but it has fallen sharply from the peak of $31.7 billion in 2017. This was followed by $4.2 billion in Canada, $3.1 billion in India, $2.9 billion in Mexico and $2.3 billion in the UK.
But in terms of the number of homes bought, Chinese buyers bought 6300 homes in the US, accounting for 6 per cent of all foreign buyers, ranking third among countries, behind Canada with 8 per cent and Mexico with 7 per cent. This is also the first time that Chinese buyers have fallen to the top spot in the share of foreign buyers in the United States since 2015.
From all over the United States, Chinese buyers are most favored by California, which is closer to China. 34% of Chinese buyers in the United States buy homes in California, followed by Georgia, which attracts 10% of Chinese buyers. New York and Michigan tied for third place on the list of Chinese buyers’ destinations with 8%.
The report also found that the average price of Chinese buyers buying property in the United States was $710400, second only to the $718000 bought by British buyers. 13% of Chinese buyers buy houses for their children to go to school, the highest in the world. According to the National Association of Realtors, non-residents buy American property mainly for rent collection or vacation.
