Archive for May, 2010

Increasing Population = Increasing Demand for Recreational Property in BCy

Thursday, May 27th, 2010

Statistics Canada’s latest population’s projections indicate that Canada’s population is expecting to grow from the current 33.7 million people to 40.1 to 47.7 million people by 2036.

On a provincial level, British Columbia is set to receive the highest percentage population increase; BC is projected to grow at a faster rate than any other Province or Territory over the next quarter century:

- 2009 population was 4.5 million
- 2036 projected population is between 5.8 million and 7 million.

How does the increasing population relate to finding the recreational property in BC, furthermore, finding what is right for you?   Over the next 25 years you will be competing with approximately 40% more prospective recreational property owners, who will be searching for that perfect second home within a reasonable driving distance from the city, just as you will be.

In summary, if you are tossing around the idea of purchasing recreational property in BC, especially something that is a quick and convenient 90-minute drive from Vancouver, now is a great time while there are unique offerings still available, such as The Cottages at Cultus Lake.

Click here to read Statistics Canada’s Population projections: Canada, the provinces and territories