Real Estate
$546,000 cdn |
BC REAL ESTATE FEATURE This bright West Coast Cedar and glass rancher-style residence is situated on an almost half acre park-like property in the prestigious Gower Point Road area of West Gibsons on the beautiful British Columbia Sunshine Coast. With an ocean view setting amongst Cedar and Douglas Fir trees, this first-time-on-the-market home features an open-plan with a vaulted ceiling in the great room and an expansive front deck. 
|
Oversees investors still look at Vancouver as a bargain when it comes to waterfront developments in a vibrant, urban city
Vancouver, and many communities throughout BC, have experienced a massive real estate boom which has created thousands of construction jobs throughout the province.
With the start of 2009, the average Vancouver home price sits at $750,00 for a detached 3-bedroom, 2-bath home. However, according to Jurock.com, 2009 will be “the year of deals” as house prices continue to drop. And according to Cameron Muir, chief economist for the B.C. Real Estate Association, “for 2009, the average [B.C house] price is forecast to decline nine per cent to $413,000.”
If you have money available or can finance a deal, now may be the time to grab a piece of Vancouver real estate for an investment, or a place to stay while visiting Vancouver.
Real estate information:
For the past five years, Metro Vancouver has been a seller’s market, but things are starting to change. As of Aug. 31, 2008, active residential listings totalled 17,950 in Metro Vancouver — a 6.2 per cent decline from the 19,138 active listings registered on July 31, 2008.
