Vancouver housing price trends

In the 1980s and 1990s, there was a wave of immigrants from China. The main place they immigrated to was Canada. Vancouver was one of the cities with the largest number of Chinese immigrants. Now you can see many Chinese in the city of Vancouver, which is almost the same as in domestic cities. Vancouver is also one of the most livable cities in the world. Its air environment, medical care, education, transportation and other conditions are very good. In recent years, many people who have money will buy houses in Vancouver to live or travel locally. So what is the trend of housing prices in Vancouver? The editor of Rilong Decoration Network will introduce this part of knowledge to you in detail.

Vancouver housing prices continue to rise. However, compared with first-tier cities such as Hong Kong, Beijing, and Shanghai, housing prices in Vancouver are relatively cheap. For example, some independent villas can be purchased for about 700,000-1 million Canadian dollars, which is equivalent to 4.2-6 million yuan in RMB. Depending on the location, quality, area, The actual price will be different depending on the age and other factors. The price of a new two-bedroom apartment is also between 300,000 and 500,000 Canadian dollars, which is equivalent to about 1.8-3 million yuan in RMB, which is similar to the housing prices in second- and third-tier cities in China. As the city of Vancouver develops, airports, ports, subways, etc. increase, local housing prices will further increase.

The largest number of people in Vancouver are Chinese. Here you can see people from Hong Kong, Taiwan, Shanghai, Beijing...Chinese people from all over the world gather here and share the same interests. The culture, no discrimination, no differences, few language barriers, plus excellent air and complete medical equipment, etc., are the fundamental reasons why Chinese people choose Vancouver when immigrating. But you must know that in addition to Chinese, there are people from other countries in Vancouver, such as French, Canadians, Americans, etc.

Vancouver also has countless community parks, forests, clear rivers and valleys, hot springs, freshwater lakes, hills and plains. The scenery is very beautiful and you will feel very comfortable when you are in it. It is suitable for all kinds of people. Vancouver residence, life, etc. Vancouver also has many commercial districts, high-tech development zones, agricultural office buildings, etc., with complete supporting facilities.

What is the trend of housing prices in Vancouver? Housing prices in Vancouver are the same as in most cities in China. Housing prices vary according to different regions. In recent years, due to the marketing of rising global housing prices, housing prices in Vancouver have also continued to rise. Due to the increase in Chinese buyers, some analysts point out that Vancouver housing prices are already the most expensive in North America. Whether Vancouver housing prices will rise further in the future remains to be verified by the market.