Experts say that the boom in Vancouver luxury real estate sale is spurred by low interest rates, though it doesn’t hurt that the city is one of the wealthiest areas in Canada. According to Environ Analytics, the average net worth of Vancouver households is an impressive $612,000.
Of course, just because wealthy residents have the money, does not mean that buying a home is any easier. After all, most well-to-do people are busy entrepreneurs whose jet set lifestyle prevents them from going to open houses and doing the paperwork involved in home sales. Fortunately, established firms like Vancouver Canada Homes specialize in luxury home sales and can help clients find the perfect property that matches their own unique tastes.