Is Vancouver’s real estate market really in free fall?

INTRODUCTION

With what is occurring recently in the Vancouver real estate market it is enough to have he impression that the property values in the Vancouver real estate market could be collapsing. Regardless that are still some important why you should patronize the Vancouver real estate. As a premier international city Vancouver tops lists of best cities to live.

Here some reasons why you should still patronize Vancouver regardless of the real estate market free fall

  1. Real estate selection

The design of Vancouver makes it one of the most liveable cities in the world. In fact, the city proper was laid out to include extensive residential properties meaning home buyers are spoiled for choice. From detached single family homes to condos, lofts, and luxury real estate, Vancouver has it all.

  1. Investment opportunities

The real estate market has been surprisingly resilient in Vancouver. Even though the recession, Vancouver real estate prices quickly rebounded and exceed peak levels. Indeed, real estate prices are soaring, and there is little indication that this trend will stop due to the interest of foreign buyers and the popularity of Vancouver even for Canadians.
Don’t forget that you can make small modifications to your home with the right tools and those tools are a cheap table saw, and a quality band saw, plus a 2700 psi pressure washer, then with these guides you’ll be able to add a drastic amount of value to your property.

  1. Friendly people

As a large city (for Canadian standards at least), Vancouver is incredibly friendly. Tourists find locals to be helpful, polite, and considerate; but even locals will enjoy a strong sense of community. Moreover, Vancouverites tend to be extremely proud of their city and make every effort to maintain its pristine appearance.

  1. Recreation and entertainment

As you would expect from any major city, Vancouver has extensive recreation and entertainment opportunities. Famous for the range of activities at your fingertips, locals are usually quick to point out that there are few other cities in the world where you can ski in the morning and kayak in the afternoon. Vancouver is ideal for nature lovers, but don’t be fooled this city is also renowned for fantastic restaurants, excellent night spots, and a packed events calendar.

  1. Shopping

On Robson Street you’ll find a plethora of high-end shopping options; on Granville, you’ll find casual styles, and Gastown offers independent clothing boutiques. Vancouver truly is a shoppers dream. Visit Pacific Centre for a condensed shopping scene, but don’t forget to check out some of the city’s neighborhoods including Mount Pleasant, Commercial Drive, and Granville Island for more diverse shopping.

  1. Education

Vancouver offers excellent education including private and public schools, as well as some of the top universities in the country. Every neighborhood in Vancouver is home to safe and successful schools for parents with children under the age of 18. Add to that the University of British Columbia, Simon Fraser University, and the Emily Carr Institute of Art & Design and the post-secondary options in Vancouver are also very attractive. Read more.

  1. Employment opportunities

A center of shipping and industry, Vancouver offers many great employment opportunities. Plus, with excellent transit, this residentially designed urban center offers an unparalleled chance to strike the perfect work-life balance.

  1. Climate

Vancouver is easily the warmest city in Canada. Originally blanketed with temperate rainforest, Vancouver certainly sees its share of rain, but the overall climate of the region makes it one of the most comfortable places to live in North America.

  1. Growth

Over the past 20 years, Vancouver has benefited from unprecedented growth. The 2010 Olympics also helped to ensure that business and expansion will continue in this fine city. This means any investment in Vancouver real estate will make good financial sense as well.

CONCLUSION

Finally, no discussion of reasons to buy Vancouver real estate would be complete without talking about nature. Vancouver is one of the most naturally beautiful cities in the world. Check out more: https://placerealestate.ca/downtown-vancouver-condos/yaletown/

 

Sales Show Vancouver Buyers Are Choosing Suburbs over Urban Living

choosing a home

Downtown Vancouver condos have really become popular over the last few years and it’s easy to see why. When you want a nice home, a condo can provide a lot of comfort and they can also be reasonably priced too. However, it does seem as though over the course of the last year or so, buyers are choosing Vancouver’s suburbs over urban areas to buy. Why is that the case?

Condos Are Most Cost-Effective

Surprisingly enough, condos are a lot popular for families, young couples and first-time buyers than detached homes. Yes, a lot of people love the idea of buying a semi or fully detached somewhere but it’s sometimes not logical. However, in suburban areas of Vancouver, it’s really quite affordable to look at condos for buyers. These can be very cost-effective and great for most that don’t have millions to spend on a new home. Coal Harbour condos can be great and more people are interested in them than ever before.

Suburbs Offer Quietness

There is a real demand for the suburbs right now simply because there’s a real quality, peace and quiet feeling about them! City life is great but sometimes you want to sit back, relax, and feel as though you’re away from the hustle and bustle of the big city. Urban areas are great but sometimes the suburbs can offer a little more quietness! Downtown Vancouver condos are popular and there’s a real demand for these right now. More people love the idea of opting for condos than ever before. learn more details at https://placerealestate.ca/downtown-vancouver-condos/

Urban Prices Can Be Costly At Times

choosing a home

While the suburbs can often be costly, urban areas can be very high too! Of course, where you buy your home will determine the actual costs but at times they can be very expensive. Depending on the type of property you are looking for, suburban areas can often be far more affordable, which often appeals to most people. However, there are many great homes available today and if you can find a great home, it’s worth going for it, especially if it’s going to be a practical home for you for the next few years. Coal Harbour condos are great options and sometimes the suburbs offer a little more too! Families can often find they enjoy the suburbs as they feel it’s safer for them and just offers a more family-feel to it.

Suburbs Are Gaining in Popularity

There’s no doubt over the upcoming years, the suburbs will appeal more so than ever before. Urban areas can be great but some people just want the suburb feel and that can be very important. It’s not just the home that counts but where it’s located and how someone feels about the area too. It can be a big jump from a suburb area to an urban area and vice versa so the right home must be found. Find the best Downtown Vancouver condos today and enjoy your new home; there’s never been a better time to buy a home.