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A yearly trend, which sees large amounts of Chinese investor's coming to Canada to get property has many Vancouver real estate experts bracing themselves for another busy Lunar New Year. This anticipation has been peaked of late as a result of raised restrictions on Chinese home investment. With this provides high expectations that the very first few months of 2012 will undoubtedly be inserted with more action in the neighborhood Vancouver housing market.Research has shown that the Chinese continue steadily to produce an insatiable hunger to live and purchase property in towns in and beyond China. China's National Bureau of Statistics said that for the very first time, how many city-dwellers outnumbered these in rural areas. The newest figures for 2011 show 51.3 percent of China's populace reside in metropolitan areas.Real Estate accounts for almost 13 percent of China's booming economy and has already established few signs of slowing down with growth estimated at 28 percent annually. It has lead to many economists to call for regulations saying that the figures are unsustainable and are creating an unbalanced property market.The advantages of having a hot real estate industry, is that house prices have allowed for the government to invest exorbitant levels of money. But as provinces and regional cities sell land and use land for large loans, economist have raised concerns of an emerging debt situation much like that of the US and Europe.In order to address these concerns, a series of new government restrictions including higher down payments and restrictions on multiple property ownership, has seen overall investment in house decrease. The slowing of the Chinese property market has been in large part deliberate, especially in the fastest growing urban house markets like in Shanghai and Beijing.The cooling real estate market and a more substantial than predicted fall in exports have been the two large impacts on the slowdown of the Chinese economy. Investment in property in China dropped to 12.3 percent in December from 20.1 percent in the month of November.With huge amounts of cash and a thirst for investment opportunities, many Chinese investors have already been turning their focus on the Vancouver real estate market. The Real Estate Board of Greater Vancouver reported results in the separate property market in places such as Richmond and Vancouver West well over 56.2 percent and 70.9 percent in the last 36 months. Both these areas and an increasing number of surrounding areas are fuelled by the growing number of foreign investors with large sums of capital.Julia Lau, a Chinese real estate consultant at Sotheby's International Realty Canada believes that the attempts by the Chinese government to reduce property purchases in China are driving investors to look overseas to places like Vancouver. And with Beijing and Shanghai's valuation on properties, Vancouver has been an attractive option.

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