On the international front

From The Real Deal

Spurred by foreign buyers, Vancouver has started the year as one of the most active residential real estate markets in the Northern Hemisphere, according to the International Property Journal.

While the 2010 Winter Olympics garnered worldwide attention for the city, many real estate professionals there say international shoppers have long played a major role. The city brings in approximately 40,000 new residents every year, with a large proportion hailing from Asia.