BRIEF-British Columbia says 3 pct of home sales involved foreign buyers between June 10-29

Thu Jul 7, 2016 2:29pm EDT
 
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July 7 (Reuters) -

* British Columbia Finance Minister Says About 3 Pct Of Property Transactions Involved Foreign Nationals Between June 10 and June 29

* British columbia finance minister says average property purchase by foreign national was c$1,157,000, significantly higher than by canadian citizens

* British columbia finance minister says intention for province to update housing data monthly

* British columbia finance minister says has seen far more evidence of 'flipping' in the past than at present

* British columbia finance minister says largest group of foreign investors in residential property are from china (Reporting by Matt Scuffham)