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BC Recreational Property Attractive To Chinese Investors

Andree Lau , The Huffington Post B.C, Oct 7, 2012

B.C.’s recreational property market is starting to see Chinese investors buying waterfront cottages and resorts as prices continue to cool. 

The Western Canadian Hotel & Resort Investment Conference held this week in Vancouver heard that offshore Chinese buyers are purchasing resort land to attract clientele straight from China. 

Graham Kwok, CEO of Character Capital Inc. and a former developer of ski resorts in China,

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Brighter prospects for recreational property sales

Glen Korstrom , Business in Vancouver, Sept 11-17, 2012

Recreational real estate sales across B.C. are rebounding from an anemic 2011 while the Greater Vancouver residential property market continues to cool and is poised for one of the slowest years for sales in the past decade.

Landcor Data Corp. statistics for the first half of 2012 show a 22% jump in recreational property sales across B.C. to 1,079, compared with 883 in the first half of last year.

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Climate change could help and hurt B.C.’s recreational properties

Carlito Pablo, The Georgia Straight, August 1, 2012

Rudy Nielsen talks about rain reverentially. As someone who has sold waterfront recreational properties for 40 years, he considers it a blessing. 

“I say when it starts raining here in the fall and everybody starts bitching about the rain and the dark clouds, you should instead get down on your hands and knees and kiss the ground that you live in British Columbia,” Nielsen told the Georgia Straight in a phone interview. 

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Young families driving renewed recreational property market: RE/MAX

Brian Morton, Vancouver Sun, June 18, 2012

There’s renewed post-recession interest in B.C.’s recreational property market and it’s largely from young families attracted by lower prices, according to a RE/MAX executive.

“The local market has softened and prices have come down because of that,” said Elton Ash, regional vice-president, RE/MAX of Western Canada, of the RE/MAX Recreational Property Report 2012, which concluded that lower prices have stimulated interest with modest increases in sales in all regions except the North Okanagan,

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Living the Dream

Steven Threndyle, Westcoast Homes & Design (Vancouver Sun), Summer 2012

For as long as people have inhabited cities, they’ve paradoxically felt the need to escape them and get “back to the garden,” as Joni Mitchell sang. From rolling ranch lands to tidy vineyards to wild, pounding surf – British Columbia offers plenty of places to get back to the land and dirt under your fingernails.

When it comes to recreational property,

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