Chinese Investors into Canadian Real Estate
It seems despite all the push back from the BC provincial government and the Real Estate Boards that the marketing of Canadian properties and especially here in the Greater Vancouver Area that foreign capital will not stop flowing into this market.
This article from Vancourier. Chinese consumers can now buy Canadian homes online through a deal inked with Juwai.com, China’s largest real estate website selling international properties, and JD.com, which is China’s largest retailer, both online and offline.
The tie-up allows JD’s customers to view and purchase real estate listings for properties from Canada, the U.S., Australia and the U.K. directly on JD.com’s shopping site.
JD.com – often called China’s Amazon – specifically asked that Canadian real estate be included because of the strong demand for it in China. A Juwai real estate expert will contact customers with an interest in moving forward with a Canadian property purchase.
The partnership will officially launch in April when properties will become available for viewing on JD.com.
“We are truly excited to be launching this partnership with JD.com, which is not just one of China’s but one of the globe’s most advanced commerce and e-commerce companies,” said Carrie Law, CEO of Juwai.com.
Law said it allows Juwai.com to “continue to fulfill its core mission of helping Chinese become global residents and investors.”
With this type of flow coming into the Surrey Real Estate Market it is important to have someone that can deal with the local people and the foreign investors like the Becky Zhou PREC Team can. Being fluent in Mandarin, Cantonese, and English. This Real estate Team has been a Top 1% Realtor producer for many years running. Having local Chinese Realtors ready to list your home and get the best service is important to get top dollar fro your home.