Anecdotal for sure, but I have friends and family who live mid Island and they tell me that sales ate brisk with prices well over asking.  And some homeowners are jumping at the attraction of selling their homes for what, mid Island, is a windfall, and then finding they are outbid for replacement housing.

And yes, more investment buyers and interest from the Offshore demographic.

The Island has long been the retirement destination of many, with affordable prices for a downsized lifestyle. What happens when that is lost, and metro Vancouver unaffordability takes a firmer hold?

It was a mistake not to make the 15% tax province wide.