Using a slightly more conservative estimate of 500 QIIP immigrants making their way to B.C. this year, and assuming all of them settle in Metro Vancouver, he calculated they’ll account for 1.25 percent of the roughly 40,000 residential real-estate transactions in 2016 and about three percent of the value that changes hands in those deals. (These estimates are based on cities covered by the Real Estate Board of Greater Vancouver. Municipalities that fall under the Fraser Valley Real Estate Board such as Surrey and Langley are not included. If they were, the impact of the QIIP would appear less significant.)