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.
Maison | |
Type de surface (env.~): | m2 |
Prix min (env.~): | $0 |
Prix moyen (env.~): | $2 790 000 |
Prix max (env.~): | $0 |
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.
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.