Vancouver, WA

When people think of real estate in Vancouver, they likely think of expensive and luxurious homes. However, there is a lot to love about the city's real estate market as well. For one, Vancouver is a very livable city with plenty of amenities and things to do. Plus, the cost of living here is relatively low when compared to other major metropolitan areas in the United States.

Vancouver's real estate market has seen steady growth over the past few years, with prices reaching all-time highs in 2017. The average price for a single-family home in Vancouver currently stands at $1.2 million CAD (approximately $890,000 USD). However, this figure is expected to rise even further in the near future as more luxury properties come onto the market. In fact, according to The Real Estate Board of Greater Vancouver (REBGV), almost half of all homes sold in 2017 were priced above $1 million CAD (approximately $675,000 USD).

One reason why prices have been so high in recent years is because there are simply too many available properties for buyers to choose from. This situation is likely to change soon as new development projects begin coming online – including several high-rise towers that are set to be completed within the next few years. In addition, demand from foreign investors continues to drive up prices as wealthy individuals look for safe investments that will provide them with good returns over time.

Despite being quite expensive overall, Vancouver's real estate market offers plenty of opportunities for those who are willing to invest some time and money into finding a property that meets their needs and desires. If you're interested in learning more about this exciting market trend or if you're already living here and want advice on how best to navigate it, please don't hesitate to contact us at [email protected].