Is it a good time to buy house in Vancouver

[admin]

Dear all, could anybody tell me is it a good time to buy a house in Vancouver?
There are different opinions raleted to this question.
But I need just one which should be right for me.
What location is the best ?
What do you think?
Thank you.

[admin]

Could anybody reply ?
Thank you.

[Congrat]

I think any time is a good time to buy house if you need one, have money and steady income.

[maxwell]

In my suggestion, you can get houses from Ottawa, Ontario. Caused by, this place is amazing and very demand. The main part of the real estate agents would likes to buy and sell condos from this place. So, this location is good.

|

[Jorjakeene]

Looking back over many years it is clear that no season is predictably the least expensive time to buy real estate in this area. The healthy supply of condos coming on to the market makes it a good time to buy a first home in Greater Vancouver, says Marty Pospischil .So it's always best to get all the help you can get. Many say property is the best investment you can make.consumer debt levels, housing affordability in cities like Toronto and Vancouver.And choosing the right time to buy or sell a home could save you tens.Spring real estate market heats up in Toronto.I get this question all the time and it is nearly impossible for me to answer.I have great Vancouver Real Estate Statistics updated on a monthly basis available.is now looking for a slightly larger place to buy, a townhouse, with plans to rent out the original condo.


.................................

[howiejao]

This depends on your purpose. Buying for yourself or investing (aka. rent it out). If you are buying for yourself, don't wait. As soon as you have downpayment, start looking. No one can assure you now is a good time to buy or wait for a few year. Right now, interest rate is at its lowest comparing previous years. You can lock down a good mortgage rate. Housing price is as usual, continue to go up. For investment, this year is good for the same reason, the mortgage rate.

As for location, this is really up to you. Your price mark and your work distance will be your primary factor. but one thing I can suggest, if you can stay away from condo/apartment, stay away. condo/apartment has its growth limit. Townhouse/single family has more capacity to go up.

I am a licensed Realtor in Vancouver so if you need help in buying, I recommend you contact me directly for any further question.

Howie
howiejao@kw.com