Over 11 percent of Vancouver condos have at least one non-resident as an owner, a number that jumps to more than 19 per cent when it comes to newer built condos. Some of the other findings:7.2 per cent of all Vancouver properties have at least one non-resident owner. Non-resident ownership is highest in the condo market where11.4 per cent of condos have at least one non-resident owner. When comparing the median assessed values of properties, the differential in the value of a non-resident owned Vancouver condo is $96,000 more than a resident-owned condo. "It's clear that the flow rate of money from outside of Vancouver into Vancouver is fairly significant," he said.

Source: CBC News March 12, 2019 21:06 UTC