The median asking price in North Vancouver is $598,000, a substantial increase over the median three months ago which was $522,400 .
When our research team crunched the numbers we calculated that North Vancouver has a median home price of $598,000.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
British Columbia has the third most amount of properties available to property investors, with North Vancouver having 10th most in the province, out of a total of 124.
As one of British Columbia’s many potential real estate investment neighbourhoods, North Vancouver needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in North Vancouver have dried up which would tend to indicate that demand is higher than the supply of new properties.