“Each and every year nearly 40,000 people immigrate to Vancouver to enjoy the same lifestyle and opportunity that you and I love. With this growth, there’s no reason that the current demand for Vancouver real estate will not continue on the same path. I expect we’ll see some market growth expressed as a 3-5% increase in prices over the next year. Having said that, in 2012 we can expect some slow down as buyers get used to the higher interest rates and then a return to significant growth for 2013. As the demand continues to grow be sure to speak with your REALTOR to negotiate the best deal on your dream home.” Roland Kym
It happened again - Vancouver has just been rated as the world’s most liveable city for the fifth year in a row!.
“Each and every year nearly 40,000 people immigrate to Vancouver to enjoy the same lifestyle and opportunity that you and I love. With this growth, there’s no reason that the current demand for Vancouver real estate will not continue on the same path. I expect we’ll see some market growth expressed as a 3-5% increase in prices over the next year. Having said that, in 2012 we can expect some slow down as buyers get used to the higher interest rates and then a return to significant growth for 2013. As the demand continues to grow be sure to speak with your REALTOR to negotiate the best deal on your dream home.” Roland Kym
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Vancouver topped the list of the world's most livable cities for the fifth straight year, while Melbourne claimed second place from Vienna and Australian and Canadian cities dominated the list's top 10 spots.
In the annual survey by The Economist Intelligence Unit, the Canadian West Coast city and 2010 Winter Olympics host scored 98 per cent on a combination of stability, health care, culture and environment, education, and infrastructure -a score unchanged from last year.
It has topped the list from 2007. Although Melbourne since the Austrian capital for a silver medal, there was no other major change near the top of the list of 140 cities worldwide. Auckland, N.Z., came in 10th.
"Mid-sized cities in developed countries with relatively low population densities tend to score well by having all the cultural and infrastructural benefits on offer with fewer problems related to crime or congestion," Jon Copestake, editor of the report, said in a statement.
Pittsburgh was the top U.S. city with 29th place -just ahead of Honolulu -while Los Angeles moved up three places to 44th and New York held onto the 56th spot. London moved up one place to 53rd while Paris came in at No. 16.
The top Asian city was Osaka at No. 12, tying Geneva, Switzerland, and beating out the Japanese capital of Tokyo, which came in at 18.
Beijing, capital of the world's most populous nation and No. 2 economy, straggled in at 72.
Harare, capital of Zimbabwe, once again claimed the worst position with a rating of 37.5 per cent, narrowing beating out the Bangladesh capital of Dhaka.
The Economist Intelligence Unit survey ranks cities based on 30 factors such as health care, culture and environment, and education and personal safety.
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