A good example of statistics that are designed to mask reality.  So what if Vancouver experiences a 30% decline in inquiries while, for three or four months, Calgary experiences a 300% increase.  If Vancouver started out with 15 times as many inquiries, it will still, at the point of maximum change, be the object of three and a half times as many inquiries as Calgary.  The article acknowledges, after a lot of hand waving, that things are returning to "normal" anyway, so the headline should have read "blip seen in foreign interest in Vancouver condo market occurs in summer 2016."   Half a million in Vancouver will buy you maybe a bachelor suite, or a tiny, old one-bedroom.  So  thousands of Chinese are are looking to house their kids for a few years while they attend school here, and to turn a profit in the process. That has practically nothing to do with the city's real problem, which is that investment money has been pouring in to a woefully inadequate supply of family housing.