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The West End of Vancouver - A Bright Spot in Canada's and Global Residential Real Estate


Posted Dec 9, 2014 by elinaalbert
Find your perfect home in Greater in Vancouver. With our guide you can find thousands of Vancouver Real Estate Mls Listings, Vancouver Realtor List and Vancouver West End Condos For Sale.
 

FOR IMMEDIATE RELEASE

Pressnews.biz (Press Release) Dec 9, 2014 -- If you are looking for the housing property marketplace that has been capable to withstand the worldwide tsunami of mortgage finance problems and to keep away from the collapse in sales volumes and prices, you should turn to the Vancouver Metropolitan area in British Columbia, Canada. Despite a decline in sales transactions and a mild cost correction in Canada's housing market as a whole, the Vancouver Metropolitan area real estate marketplace has shined in this housing improvement. What's more, it is Vancouver's upper-end housing that has supported sales action and prices in the country, making the housing real estate markets in British Columbia and Canada the bright spots in an otherwise dreary state of worldwide housing. Here you can check listings of Vancouver Condos for Sale West End. You should check for more information real estate official website http://vancouver-real-estate-bc.ca/.


The higher average costs in the Vancouver Metropolitan area are most likely the consequence of historically-low mortgage interest rates that have been behind trade of new homes at the higher-end of the pricing spectrum. Unlike the mortgage finance system in the United States in which sub-prime market, saturated with the underwriting of mortgages to borrowers by means of dodgy credit, caused the credit implosion and a subsequent severe credit crunch, the Canadian financial structure, which never allowed the sub-prime market to go forward, proved healthy enough to turn away the mortgage crisis and, continued to expand credit to creditworthy borrowers. This enabled Canadian borrowers, unlike those in the United States, to take improvement of low mortgage rates and constructively priced properties to buy their dream house or a deal property.


This has proven particularly true of higher income earners and real estate investors who have taken advantage of the cheap and available credit to invest in luxury homes in Vancouver, driving higher the costs of upper-end new homes in this part of Canada. Moreover, due to an extended occurrence of historically low mortgage rates in Canada, which are expected to boost only modestly before the end of next year, sales and prices in the Vancouver Metropolitan area and British Columbia overall are expected to amplify. Therefore, this may be the right time for prospective homebuyers and investors seeking property assets in stable and appreciating real estate markets to think buying property in Vancouver and British Columbia. The expected superior demand for housing in the next few years will assure that their investment comes with a rewarding return. If you want more information for Vancouver Condos for Sale West End then you should click for vancouver-real-estate-bc.ca.


The West End , which house around forty thousand inhabitants in what has been called North America's densest area, has information significant demographic changes in the past couple of decades. It went from being inhabited by frequently single residents, including many young populaces, to a much more mixed, polyglot populace. West End residents want and squeeze a more complex, mixed-use, layered urban knowledge, where land is not zoned into divide geographic regions, but rather where they can live in and in the middle of a broad range of urban activities, from cafes and places of activity to schools to small factories, offices and shops. The three and a half storey walk up condos building exist extensively in the West End of Vancouver.
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Contact Email : jul...@evaluateyourhome.ca
Issued By : Geeta Sharma
Website : Vancouver Real Estate Listing
Phone : 604-685-5951
Business Address : 421 Pacific Street
Country : Canada
Categories : Real Estate
Tags : Realtor Calculator Downtown Vancouver, Realty Listings Vancouver, Vancouver British Columbia Real Estate, Vancouver Ca Real Estate, Vancouver Canada Real Estate, Vancouver Canada Real Estate Listings, Vancouver Condos For Sale West End, Vancouver Home Listings
Last Updated : Dec 9, 2014

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