Derek Penner, Vancouver Sun, November 19, 2007
The flip in the Canada-U.S. currency advantage is encouraging some American owners of B.C. real estate to take an exchange-rate gain by selling their properties, realtors are beginning to notice.
“We are seeing some activity that is the result of people assessing the exchange-rate situation and deciding to [sell] now rather than later,” said Patrick Kelly, president of Whistler Real Estate.