Foreign Buyers Snatch Up 5% of Vancouver Homes

The video discusses the impact of foreign investment on Vancouver's housing market, with foreign buyers, mainly from China, making up about 5% of transactions. The BC government has started collecting data to understand this impact better. Additionally, OSFI is addressing risks in the property market, such as fraudulent loans, and emphasizes the need for prudence due to rising home values and low interest rates.

How did the recent data collection impact the understanding of foreign investment in Vancouver's housing market?

What factors did OSFI cite as risks to the housing market?