Fairview False Creek
November 20th, 2006.
24 Major Reasons why the Vancouver Real Estate Market will remain strong for years.
Vancouver is land-locked Simply put, you can't build west (water), south (The USA), north (mountains, water pressure not strong enough), or east (agricultural reserved land). Therefore, our land supply is running out putting further pressure on prices.
Increased Migration According to Statistics Canada net migration from other provinces [to BC] reached 2,600 people. Credit Union Central of B.C. forecasts that net inter-provincial migration to B.C. will increase this year and a net increase of 7,300 is expected in 2005.
For international
Vancouver is land-locked Simply put, you can't build west (water), south (The USA), north (mountains, water pressure not strong enough), or east (agricultural reserved land). Therefore, our land supply is running out putting further pressure on prices.
Increased Migration According to Statistics Canada net migration from other provinces [to BC] reached 2,600 people. Credit Union Central of B.C. forecasts that net inter-provincial migration to B.C. will increase this year and a net increase of 7,300 is expected in 2005.
For international