Vancouver’s real estate market is thriving. Though not all areas of Canada are seeing the same demand, this area specifically is attracting a great deal of homebuyers, and with good reason. Vancouver Island has everything to offer today’s buyer. It is a modern community with incredible new amenities and ample natural beauty. The area is seeing an increase in new construction as well. All of this, plus Canada’s improving economy and affordable home mortgage rates, is making the area one of the best to call home.

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One of the area’s most renowned and most impressive markets is that of Point Grey Road. It has quickly become known as Vancouver’s Billionaires Row and with very good reason. The homes here, not necessarily large or brand new, are selling for $11 million and that’s for a two-bedroom home here. There are some outstanding benefits here. You’ll find a wide range of new furnishings including polished concrete and beautiful terraces that open up to incredible views. You may even have your boat (not your car) park right outside your home. It’s impressive. And, if you look out into the distance, the mountains are present. It’s also beautiful.

This area is one of the treasures in Vancouver. It has seen home values climb as much as 120 percent in just the last five years. Demand is coming from all sides, and not just locals. There is a strong international set here. Vancouver offers something for everyone and that’s why buying a home here really is a must for today’s well off. This luxury real estate in Vancouver is ideally suited to many, but not to everyone. And, with the rising home values of this community is coming the rising values in surrounding areas, making it harder to find that great deal here.

However, Vancouver Island offers plenty of opportunities and all you have to do is to work with a local real estate agent to find your ideal choice.