The fact that 2012 is the Year of the Dragon is also stoking the market, according to Duanduan Li, an Asian Studies professor at the University of B.C.
People like to choose an auspicious moment, dates and years to do big things because they think this will be more successful,” said Li. “I think the Year of the Dragon is regarded as a very good year to do anything big.”
“Big” in this context could include career changes, having children, said Li. And perhaps spending millions of dollars on real estate.
The dragon is one of a 12 animals represented chronologically in the Chinese zodiacal system. The Year of the Dragon returns in 2024. Next year will be the Year of the Snake.