Q: ”What’s the best area for growth/investment?”

A: Get out of the weeds.

I get why you're asking. Everyone wants to find the neighbourhood that's about to pop, the hidden gem, the up-and-comer. But here's the thing: in Greater Vancouver, that search often leads people too far in the weeds. 

The best and most challenging thing about this market is demand. Yes, the last two years have been quieter. But zoom out and compare Vancouver to the rest of Canada and it's still one of the most desirable places to live; often ranking in the Top 10 globally. That persistent demand is what makes Greater Vancouver resilient through booms and busts.

There are always pockets growing faster than others. But for the most part, anything within commutable distance to Vancouver will see similar long-term appreciation. The difference between postal codes matters a lot less than people assume. So instead of obsessing over growth projections by neighbourhood, ask yourself: what does this location do for my quality of life?

It sounds simple, but the longer you can stay in one home, the more long-term wealth you build. Yes, you may want to upsize eventually, but you want that to be a choice, not a forced move because you can no longer stand where you're living. Selling under duress, in a market that isn't favouring sellers, can set your homeownership journey back significantly.

The biggest winners in Vancouver real estate are people who bought before 2010 and stayed. Look at their property histories and they look like lottery winners. But the winning move wasn't picking the right postal code. It was buying somewhere they wanted to live and holding on.

The best place to buy is the place you can afford and can see yourself living in the longest. Whether you go further out for more space or opt to stay close sacrificing sqft for walkability, community or a shorter commute. Ultimately it’s your priorities you need to nail down. Fortunately, that looks different for everyone, which means we're not all competing for the exact same thing.

Ten years from now, you could be the person whose property history looks like a lottery ticket. Not because you timed the market perfectly or picked the hottest postal code, but because you bought somewhere you loved and stayed.

That story starts with one conversation. Let's have it.

Kade Lacasse
604-401-9199
Book a 15 min call