The entire free world is experiencing a market correction, in both real estate and stock values. With the price of homes in West Vancouver, and surrounding areas, retreating to lower levels, and with very low interest rates, now is an opportune time for purchasers to move up market, to that larger home they have been thinking of, or to purchase a quality investment property.
In spite of the current correction in our real estate market, never lose sight of where we live, and of the great number of people from all parts of the World wishing to relocate to our beautiful city. Historically, over the long run, the West Vancouver real estate market has increased steadily, with only temporary corrections in the market. The up-coming 2010 Olympics will put West Vancouver back on the World map, and one can only predict what may result from this.