Vancouver Realtor

The figures from the Cencus have shown that Surrey, Burnaby and Port Moody population have grown whereas the popultation in Vancouver has languished. Surrey's population has ballooned by 18.6% more than four times Vancouver's 4.4% rate of increase. How does this affect Vancouver Real Estate? Because of density of populations in Vancouver real estate, the geographical lack of room to expand housing means that Vancouver drives people out and real estate prices up. Burnaby's population has expanded by 10.1% with the highest growth of all the above areas. Surrey, Burnaby and Port Moody all have space for building houses whereas Vancouver real estate does not. Development in Vancouver tends to be in the shape of small apartments rather than the larger houses that are built in Surrey. According to Christy Clark, the Premier of BC, ' The population in BC is growing because we are one of the soundest economies in Canada.' Growth has been mainly caused by immigration the census showed.