Location Affordability

Affordability in the Lower Mainland is hard to come by. The weak Canadian dollar is attracting a lot of foreign investment and that means the limited supply of housing is being snapped up at prices far above assessed or even asking price. This “bubble” is also location based as the further you travel away from the City of Vancouver, through Burnaby, Richmond, Coquitlam and beyond, the price seems to level out and stablize. That being said the effects are far reaching and even these suburbs are finding a steady climb in value.