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Canada - Vancouver


Kerrisdale - Vancouver

Kerrisdale is a upper-class residential district, situated in the south-western section of Vancouver. This rich neighborhood has still a village feel and offers a pleasant mix between old and modern properties, which are all very luxurious. Kerrisdale welcomes the wealthiest population of Vancouver as it is ranked #1 in terms of luxury neighborhoods of the city. This is a little paradise to live in, with upscale restaurants, trendy boutiques, and exclusive parks and universities. Young couples and families will appreciate its friendly and cosy atmosphere and enjoy a high quality of life.

Surface type (Av.): m2
Min price (Av.): $0
Med price (Av.): $2,790,000
Max price (Av.): $0
Market overview

The luxury real estate market in Vancouver has been skyrocketed over the last decade. The number of luxury properties sold as well as the demand in Vancouver have been reaching record highs. This increase of the high-end real estate market can be explained by various elements. First, the market is coming back to life after having deeply suffered from recession. In addition, wealthy buyers benefit from these exceptional opportunities to invest. At least, Vancouver dominates the luxury market in Canada in terms of volume and prices. Experts foresee a rise regarding properties of $4 million and more.

Who buys?

In summer 2016, foreign buyers spent over $855 million in five weeks to acquire properties in Vancouver. This amount represented 10% of all real estate transactions of the region. Buyers from Middle-East, China and Europe are the most important populations to invest in Vancouver. They are seduced by the political and banking stability of the country and generally consider Canadian housing as an investment.

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Discover Hotspots in Vancouver

Situated in the British Columbia province, the city of Vancouver was created in 1866 and now counts more than 630,000 inhabitants. It is the major metropolis of West Canada and is located less than 50 kilometers away from the American border. Also known as the "Glass city" due to its many glass and steel buildings, Vancouver is a big modern and charming city which succeeded in staying close to nature. On the Pacific coast, this dynamic center is appreciated for its nice seaside and its various aquatic activities. But it is also surrounded by splendid mountains which offer nice opportunities to its inhabitants to escape from the hustle and bustle of city life. All these elements contribute to make Vancouver a ...

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