New Spring Growth for West Vancouver Realtors 

West Vancouver, March 16, 2010 — Spring 2010 promises a dynamic market for West Vancouver property. Leading indicators are delivering encouraging news of a strengthening recovery for the economy at large, the dollar is strong, and many buyers are surveying the market with keen awareness of the implications of pending changes to the sales tax regime. Throughout the Metro Vancouver region, real estate activity remains strong, and West Vancouver is no exception.

Extensive global exposure over the past months for one of the most desirable urban environments imaginable hasn’t hurt either. West Vancouver realtors are experiencing an upsurge in interest from potential buyers, both local and international. Waterfront condos, urban village streetscapes, and secluded luxury homes are fulfilling the wish lists of buyers from a broad demographic, with inquiries more than keeping pace with sales.  

What is the attraction? Active communities built around neighborhood centers for shopping and services allow for intimate community life within a larger urban framework. Some of the finest schools in the country, both public and private, serve the needs of families with children of any age, and are complemented by ready access to numerous post-secondary institutions. The heart of the business community and the ultimate in outdoor recreation are both minutes away. Moreover, choose a property at random and the views in almost any direction are sure to be stunning.

Closer inspection only adds to the desirability of West Vancouver real estate in the near and long terms. Established households with above average incomes add to the stability of the market. Property values continue an upward trend without the volatility other regions have experienced. The growing diversity of housing choices makes West Vancouver a lifetime community. As needs change, residents are able to upsize or downsize without abandoning the community roots they have established.

The natural boundaries created by mountain and ocean limit the potential for sprawl. Like any finite resource, scarcity builds value over time regardless of cyclical market fluctuations. Each successive generation of building adds to the quality and desirability of the property inventory, enhancing the values of existing properties even as new developments come on stream. Investment in community services and infrastructure have maintained the quality of life and met the challenges of managing growth in a proactive way.

All things considered, West Vancouver continues to be one of the most desirable communities in which to establish a home. Properties deliver healthy equity growth and community amenities meet the lifestyle needs of every age in surroundings of unsurpassed natural beauty. For homeowner and investor alike, spring is an ideal time to rediscover West Vancouver.    

Brock Smeaton

604.619.9131

Prudential Sussex Realty

British Columbia’s #1 residential real estate company.