Who have been the big winners in Metro Vancouver condo investments?

The news tends to focus on condos and homes in the City of Vancouver but prices in Vancouver were already considered alarmingly high in 2010. I the past 5 years, the big winners have been in Squamish, Port Moody, and Coquitlam. Ladner and Tsawwassen saw the lowest price gains over the past 5 years.

5-Year % Change in Benchmark Apartment Price

Squamish stands out with the biggest gains. It also may have more room to grow. It has a charming small town feel, low density, and relative affordability. The benchmark apartment in Squamish is still only $490,000 (approx. $80,000 less than North Vancouver).

View the full Real Estate Association of Greater Vancouver report from Feb 2, 2018.