Meanwhile, in Vancouver, as I have commented on elsewhere, foreign buyer deals have declined since New Year.  Along with that "off shore money" (illegitimate or otherwise.) Yet, prices remain very high--and you're right: they're increasing elsewhere, too.  

Here in Chilliwack wife and I were close to be frozen out of the market last summer.  Lucked in.  But prices have since skyrocketed even further.  But WAIT!  Not a Chinese in sight!  Noooo, these are retired and semi-retired white boomers (like us!) who are putting the pressure on housing supply and--gee, who'd guess?--housing prices.  New one-floor 1,400 sq. ft ranchers down Vedder Road: $600,000  Whaaa??

Pls. seek professional help for "foreign-buyer phobia."