Vancouver #1 Fastest Growing Luxury Market In The World

Kristi Wong • March 21, 2016

According to the Prime Residential Index in Knight Frank’s 2016 Wealth Report, prices grew 25% in Vancouver’s luxury home market in 2015, beating out Sydney and Shanghai for the top spot. From the article: “The report notes low supply, high demand commanded by foreign investors, and a weak Canadian dollar have all contributed to the astronomical – even record-breaking – growth […] The post Vancouver #1 Fastest Growing Luxury Market In The World appeared first on Andy Schildhorn, PREC.

According to the Prime Residential Index in Knight Frank’s 2016  Wealth Report , prices grew 25% in Vancouver’s luxury home market in 2015, beating out Sydney and Shanghai for the top spot. From the article:

“The report notes low supply, high demand commanded by foreign investors, and a weak Canadian dollar have all contributed to the astronomical – even record-breaking – growth in prices of Vancouver’s luxury homes. Cities that are normally associated with wealth saw moderate or even low gains comparitively. New York’s luxury home market grew just 2.4%, while London’s grew just 1%. Berlin saw 9% growth thanks to an investment boom.”

🔥 Fraser Valley Market Heats Up (Sort Of) – Market Update 🏡

By Andy Schildhorn • June 18, 2025
Wondering what’s really happening in the Langley and Fraser Valley Real Estate market? In this video, I break down the May 2025 stats, so you can make smarter decisions whether you're buying or selling. 📈 Sales rose 13% in May 🏘️ Inventory climbed to a 10-year high 💸 Benchmark prices dropped across all home types 📉 The Fraser Valley is officially a buyer’s market ⏳ Days on market are holding steady Whether you're navigating Langley Real Estate or keeping an eye on broader Fraser Valley housing trends, this update provides the context and strategy you need. With over 30 years of experience in the Langley and Fraser Valley Real Estate markets, I help you make informed decisions in any market cycle. 📊 Want to dive deeper? Full May 2025 FVREB market numbers: https://rly.forsale/May2025Stats

🏦📉 Bank of Canada Maintains Rate at 2.75% 💬🇨🇦

By Andy Schildhorn • June 17, 2025
The Bank of Canada held its target for the overnight lending rate at 2.75%, marking the second consecutive decision to hold rates steady, following a series of cuts that began in April 2024. Read More

🤗 Sometimes we need to smile.

By Andy Schildhorn • June 16, 2025
While dogs are typically not encouraged on the greens of any Langley golf courses, there's going to be an exception made later this month..😀 Read more here.   📣 "The key to success is to start before you’re ready." - Marie Forl
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