Luxury West Vancouver Real Estate
Along with many other markets, The West Vancouver real estate Market set records for an amazing first quarter sales Exquisite sales soared in the first quarter of 2010 as wealthy purchasers moved to take advantage of prosperous market conditions across the country, according to a report released by REMAX Vancouver.
The RE/MAX upper End 2010 market report, highlighting sales and trends in 13 major Canadian centres (including West Vancouver real estate) and five submarkets, found that uplifting economic performance, gaine d personal wealth, immigration and foreign investment all contributed to a serious upswing in sales. around all areas experienced double and triple-digit increases between January and March of this year over 2009 figures for the exact same period. Nine out of the 13 real estate markets (including West Vancouver real estate market) examined (69 per cent) broke existing records – setting new all-time increases for 1st period this year so far activity in the upper end.
recuperation in the upper end Edit this text has been nothing short of noteworthy. This market segment of the real estate market was hardest hit – and as a West Vancouver Realtor, I agree – West Vancouver real estate was no exception.
When the recession took hold, West Vancouver real estate really took a low, —y et its comeback has been fast and furious. There is no doubt that mindset has changed and trust has once again come back. One only has to look at the per centum increases in the West Vancouver real estate market to see the curren huge upswing.
When so many are comparing this to be one of the worst 1st quarters for a long time– it’s important to note that the
bounce back in many areas – including West Vancouver, East Vancouver– exceeds record levels reported in years past. Leading in terms of percentage increase in sales is Kelowna recreational market( seven hundred per cent), Montreal (300 per cent), Victoria ( 275 per cent), Greater Toronto (263 %), West Vancouver real estate (184 per cent)..
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Popular Q&A
What is the Real Estate market like in West Palm Beach Fla? Are there any good deals on Condos?
The florida condo market as of January 2009, has find itself in a position where it is difficult to obtain financing on most units, % of units owned by a single owner % of HOA default interior insurance ect has made it a mostly Cash Transactions to simply buy a majority of units, therefore with cash you can get great deals. It depends of your objectives buy to live, you can buy wait out any drops in prices and wait for recovery at least 8 -10 years you are good. Do not buy and expect prices to increase in 2 to 3 years
