Vancouver Real Estate

[logan5]

Real estate in not my thing but from what I have gathered from here and other outlets, there is a bit of a down turn in the condo market In the City of Vancouver, condo prices are down 6.6% year over year, so maybe a good time to buy, or wait even longer?

There are a lot of units along the Broadway Corridor in that price range you are looking at (which in a Toronto context would be downtown).

A subway is going to built along Broadway in the coming years, so that will have a dramatic affect on things. The City is right now drawing up a new land use policy for the Broadway corridor which could see up-zoning of a lot of properties. I would be looking at Lower Fairview, which is all strata. This is where I think the City will do a major up-zoning.