VANCOUVER OLYMPIC VILLAGE DEVELOPMENT

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Ultimate X-Treme MakeOver: Vancouver Canucks Edition

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British Columbians Most Eager To Buy

lmi300.jpgRoyal Bank of Canada, March 12th, 2007It came as little surprise this week when the RBC Royal Bank’s 14th Annual Homeownership Survey found that 11% of B.C. residents said they are “very likely” to purchase a home in the next two years, on par with last year and two points higher than the national average. B.C. residents (59%) are also among the most likely in Canada to say, “buy now” rather than wait until next year. An overwhelming majority of British Columbians continues to see great value in homeownership, with 93% believing buying a house or condominium is a “good” or “very good” investment. Of those who plan to buy in the next two years, 80% said they will likely purchase a resale home and almost half plan on buying a home larger than their current residence.

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