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.

  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/