BUY THAT CONDO - NOW
Well, the headline in the Wednesday issue of Metro Vancouver certainly put it simply. BUY THAT CONDO - NOW. PricewaterhouseCoopers released a report that forecast a shortage of condominiums in the city of Vancouver as well as their values continuing to rise. The international accounting firm also noted that the average asking price of a high rise unit has gone up by 46% in the city's Downtown and West End over the last two years. It also made note that there is a risk of oversupply in other areas of the Lower Mainland, such as Burnaby, New Westminster, Richmond and Delta. The word of advice seems to be if you aren't in the market yet and you want to live in downtown Vancouver you better buy now or .....