Buying and holding quality Vancouver Real Estate and large cap dividend growing equities is the only real advantage most investors have. Forget about timing markets..the taxes and friction costs will kill any capital gains you might be lucky enough to achieve. Instead, buy, hold and focus on the things you have control over.

The detached market has been incredibly strong over the past 5 months. Easily outpacing the condo market. There are many many advantages to detached living if you have the 1.5 to 2.5 million dollars to buy one. Keep in mind there are also many advantages to Vancouver condo living provided you buy the right home in a quality well run strata. In this blog I’m going to discuss all the pros and cons to strata vs detached living.

The latest market statistics were just released from the Greater Vancouver Real Estate board. The overall market continues to be strong with condos, townhomes and detached homes all firmly in a sellers market. That said some homes and condos are not selling and have been languishing on the market. In this blog i will talk about the main reasons why some homes are not getting offers and selling. I also discuss the current status of the land assembly market.

I have done at least 15 blogs on this topic over the past decade so please go back and watch some of my more detailed videos on why Vancouver home prices are so high and why they will remain high compared to other parts of the country. I continue to see people blame our high prices on money laundering, speculation and foreign buyers. Here are the real reasons. 1. Equity Driven Market. These are home owners who have been in the market for 10-15-20+ years and have ridden the market up. 2. Vancouver Is An Aspirational City. Unlike Edmonton, in Vancouver you are competing against buyers from other parts of Canada, N. America and the world. 3. Vancouver is Becoming a Major N. American Tech Hub. With high paying computer engineering salari ...