February 3rd, 2016, Owen Bigland
The Vancouver Real estate market is always changing and new trends start to emerge all the time. Here are 3 that are starting to form in the downtown Vancouver market.
Condo units that don’t have a dedicated parking space with the unit.
Many millennials are bypassing the car, taking the $500 to $700 a month they would spend on the car and rolling it into the purchase or the rental of a downtown unit.Unit’s are getting smaller.
This is the last bullet that developers have to get the cost of home ownership down for 1st time buyers. Interest rates have only one way to go from here and that’s up!If you are working in the downtown core every day and commuting 1 1/2 to 2 hours roundtrip then I’m seeing more people choosing to live c ...