Vancouver Housing: An Exclusive Vancouver Real Estate Infographic

Real Estate in Vancouver is one the prestigious industry in the world. Many real estate tycoons invests millions of dollars in residential as well as commercial space in the city.

Well, Vancouver has been declared as the third most livable city in the world and top in Canada. Which is why, real estate prices in the city is shooting up like a rocket. One might be interested in knowing the most expensive areas of the city. VancouverResidence.com presents an infographic (IG) about Vancouver City, its expensive areas, most expensive suites a person dreams about with a checklist for buyers which can be considered while buying real estate in Vancouver. Have a look:

The IG also throws light on standard lease/rent agreements signed in Vancouver along with the type of space (residential as well as commercial) rated on the scale of expensiveness.

Don't forget to share your thoughts on the IG.

Continue

Foreign Investment in Vancouver’s Real Estate Market

According to a report published by sothebysrealty.ca, foreign buyers account for as much of 40% of the luxury single family home market in Greater Vancouver, BC. The major player is China but numbers from Iran and United States are in surge.

It has been found that a luxury home in Vancouver, in an area of around 3500 sq. ft. costs $2.8 million in Vancouver Real Estate Market (on an average) as compared to $2 million of Toronto and Calgary and $3.5 in Montreal. Also, the locality plays a crucial role in prices. The same home can cost up to $4 million in West Side.

The following infographic says a lot about it:

Source:http://www.rew.ca/news/foreign-investment-in-vancouver

Continue