The Vancouver Downtown Core

Downtown Vancouver is still one of the hottest real estate markets in North America.

Why? People from the rest of Canada, young people come to Vancouver for the economic opportunity and are flocking to Vancouver to make downtown their new residence. Older peoples from the eastern provinces are opting to move to Vancouver where the climate is milder, where natural beauty of the Pacific Ocean and the North Shore mountains also draws immigrants and the well to do, Vancouver's safe streets give the sense of security not found in many places of the globe . A distinct character and ethnic mix make the downtown core a very desirable area to live. The average price in the downtown Vancouver for a condominium at this time can run you a hefty $600 to $1,200+ per square foot. Urban real estate will almost always have a use and hence a positive asset value. Downtown Vancouver has and will be a major force in the years to come for being the place to live.

Need information on which pocket of the downtown core has the highest potential of price increase?

Peter Gallos www.vancouvercityproperties.com Real Estate Agent, Appraiser, and Real Estate Consultant

Century 21 In Town Realty 604.685.5951 office  www.century21.ca/peter.gallos

 

Blog Archives

Tags