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In a recent report by the REBGV, population growth has been forecast for the coming decades. So what does this mean for the real estate market?

 

By 2041 the Lower Mainland's population is estimated to have grown to 3.4 million, with annual growth of 30,000 new residents each year. Within Metro Vancouver alone an estimated 574,000 housing units will be required. The majority of this population growth will occur in established urban areas, meaning an increased population density in many neighborhoods. This will come in the form of "secondary units and accessory detached housing, ground oriented duplex/ multi- unit structures, row housing, and apartment developments".

 

Consider where you currently live now. How will this affect the quality of living & infrastructure? Are there investment opportunities for you and your family?

 

To read the full article by the REBGV click here.

 

If you have questions about how increased population density can affect property values, present investment opportunities, or impact areas you are interested in moving to, contact me and I will be happy to answer any questions you have.


Image Source: Daily Mail

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I recently came across this interesting article in the July/ August 2014 issue of  Westcoast Families magazine.


How does the area and property type you're interested in stack up against the rest of the Lower Mainland?

 

 

For some more market info, take a look at this article from the FVREB for June.

 

Want to see what your budget can buy in person? Contact me to schedule a meeting or to book a viewing of a property you're interested in.

 

 

Image Source: Westcoast Families

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We have a long weekend coming up soon to celebrate the province we live in.

What are you going to do to celebrate beautiful BC?


Here are a few suggestions that you can enjoy with your family for free (well, except for the parking!)


Granville Island is a popular family favourite


1. Stroll around Granville Island

A popular favourite & lots of unique places to visit


2. Take a walk through Stanley Park

World famous and beautiful


3. Hike the Grouse Grind

Great for the active family


4. Lynn Canyon Suspension Bridge

A free alternative to the Capilano Suspension Bridge


5. Play disk golf at Queen Elizabeth Park

A fun activity in a beautiful spot combining frisbee & golf


Hiking the Grouse Grind- a fun challenge!

 

 

For more great ideas, check out this article by Tourism Vancouver. 

 

What's your favourite thing to do where you live? I'd love to hear from you!

 

If you're curious about what makes different areas and neighborhoods unique, contact me today and I'd be happy to help you find your perfect little slice of this beautiful province we call home!

 

Image Sources:

Granville Island- Par- BC

Grouse Grind- Grouse Mountain

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