M city 5 condos prices. How much is the Canadian house per square meter? Property prices are soaring across Canada, especially in Toronto and Vancouver.Please Visit: M city 5 condos prices to Get Your VVIP Registration Today!
According to the relevant data, the benchmark price of a house in Vancouver is about C $1084000, which is up 2.6% compared with the same year. Vancouver is not only rising house prices, but also rising sales, rising by 56%. Prices and sales of all types of property in Vancouver are on the rise, and prices are expected to continue to rise from 2021 to 2022, which may ease to some extent in the second half of this year.
Demand in the Vancouver real estate market has been increasing, and its elasticity is very good. It is expected to rise by 9% later, of which demand for large real estate and independent housing will continue to expand. According to the analysis, the average price of a two-story detached house in Vancouver may rise by 10%, with the price as high as 1.67 million yuan. Although the apartment market in Vancouver is not as hot as independent houses, the demand for it is still tight. At present, mortgage interest rates in Vancouver are very low, arousing the desire of many people to buy a house, so the market demand is increasing.
Vancouver property prices were hit hard in 2018, but after 2019, the overall development trend has been significantly improved, so far Vancouver property prices have been in a steady upward trend. Under the influence of the epidemic, great changes have taken place in many people’s concept of buying houses, and many people choose to buy property under preferential policies. The demand in the Vancouver real estate market is suddenly increasing, and it is inevitable that supply falls short of demand. This also makes real estate prices rise faster.
Although the real estate price of Vancouver is more expensive in Canada, its investment value is relatively high, and the return on investment real estate has been very stable. The vacancy rate of all types of property in Vancouver is relatively low, especially the extra demand for apartments and homes, while the resale rate is high. At present, the real estate investment in Vancouver must be a trend to maintain and increase its value, so people with certain economic conditions can buy it directly.