Purchase a Condo in Vancouver with the Help of a Trusted Realtor

Robin Wiebe, a senior economist at the conference board, says softer prices in the condo market, where prices have been falling slightly, are making condos "an affordable way for Canadians to achieve homeownership." In Vancouver, Canada’s most expensive housing market, condos are still an affordable option, he said. He calls Vancouver "a buyer's market" in 2013 because of prices moving downward over the past few years, but says sales and prices will pick up in 2014. Increase in population and employment rates Genworth's report also states that in addition to modest yet steady job gains, the older population's growing interest in condos in Vancouver and other Canadian towns and cities is also driving sales. However, the report also predicts that the continuous construction of new condos will slow down as a way for builders to recover from decreasing sales of the existing units. Condos are considered a more affordable housing option for Canadian residents than traditional houses

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