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Greater Vancouver

From Wikipedia, the free encyclopedia

Greater Vancouver
Vancouver skyline from Lonsdale Quay in North Vancouver
Coordinates: 49°14′58″N 122°58′47″W / 49.24944°N 122.97972°W / 49.24944; -122.97972
Country Canada
Province British Columbia
Regional DistrictMetro Vancouver
Location of head officeBurnaby
Largest cityVancouver
Government
 • Senators
 • MPs
 • MLAs
Area
 • Total2,700 km2 (1,000 sq mi)
Elevation
60 m (200 ft)
Population
 • Total2,463,431
 • Density854.6/km2 (2,213/sq mi)
 Canadian CD rank: 2nd
Time zoneUTC-8 (PST)
Area code(s)604 / 778 / 236
WebsiteMetro Vancouver

Municipalities in the Greater Vancouver region (excluding Point Roberts, WA)

Greater Vancouver, also known as Metro Vancouver, is the metropolitan area with its major urban centre being the city of Vancouver, British Columbia, Canada. The term "Greater Vancouver" is roughly coterminous with the geographic area governed by the Metro Vancouver Regional District, though it predates the 1966 creation of the regional district. It is often used to include areas beyond the boundaries of the regional district but does not generally include wilderness and agricultural areas within that regional district.

Usage of the term "Greater Vancouver" is not consistent. In local use it tends to refer to urban and suburban areas only, and does not include parts of the regional district such as Bowen Island, although industries such as the film industry even include Squamish, Whistler and Hope as being in "the Vancouver area" or "in Greater Vancouver". The business community often includes adjoining towns and cities such as Mission, Chilliwack, Abbotsford and Squamish within their use of the term "Greater Vancouver", though since the creation of the term "Metro Vancouver", that has come to be used in the media interchangeably with the name of the region and/or regional district.

As a geographic region, Greater Vancouver is part of the Lower Mainland, one of British Columbia's three main geospatial/cultural divisions, and overlaps with the Lower Fraser Valley, with the Central and Upper Fraser Valley areas to the east being in the Fraser Valley Regional District, which was created from two others upon the expansion of the Greater Vancouver Regional District to include Maple Ridge and Pitt Meadows. Other forms of regional governance and administration whose jurisdiction Greater Vancouver is in are the North Vancouver and Coquitlam Forests Districts, and the Ministry of Environment's Lower Mainland Region (which includes the Sunshine Coast, the Fraser Health Authority and the New Westminster Land District, among others).

YouTube Encyclopedic

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  • ✪ September 2018 Greater Vancouver Real Estate Market Report
  • ✪ Real Estate Board of Greater Vancouver | August 2018
  • ✪ Real Estate Board of Greater Vancouver | May 2018
  • ✪ Driving Downtown - Vancouver 4K - Canada
  • ✪ August 2018 Greater Vancouver Real Estate Market Report

Transcription

So the September 2018 real-estate numbers are out now and it was the worst September in 27 years. Today I'm gonna dive deep and do what these numbers mean in greater vancouver and highlight which areas you should think about buying. Hi this is Alex Lam from Royal Pacific Realty and oh yeah this is Canadian content eh? If this is the first time you're here and you're interested in all things real estate in the Vancouver area be sure to hit that subscribe button that little bell. I post videos every Tuesday and Friday. Last month's sales in September was thirty six point one percent below the ten-year September sales average and forty three point five percent decrease in sales compared to the same month last year. The market in general has fewer active buyers we're seeing a supply build-up of every passing month because of the lack of sales. The total supply of listings had risen to levels we haven't seen in four years. Also compared to last year inventories in general have increased thirty eight point two percent. Overall property types for all property types the sales to active listing ratio for September 2018 is twelve point two percent by property type the ratio is seven point eight percent for detached homes 14% for townhomes and seventeen point six percent for condominiums. Generally analysts say that downward pressure on home prices occur when the ratio dips below twelve percent mark for a sustained period of time. While home prices experience upward pressure when it surpasses twenty percent over several months Metro Vancouver's housing market has changed pace compared to the last few years our town homes and apartment markets are sitting in a balanced market territory and our detached home markers remain in clear buyers market if this trend continues for the next few months I could see condos and townhomes dropping to buyers territory as well sales of detached properties in September 2018 reached 508 that's a forty point four percent decrease compared to the same month last year the benchmark price in Greater Vancouver for detached properties is now at 1 million five hundred forty thousand nine hundred this represents a four 5% decrease from September 2017 and 3.4 percent decrease over the last three months sales of apartment properties reach 812 in September 2018 a 44% decrease compared to the same month last year the benchmark price of apartment property is six hundred and eighty seven thousand three hundred this is a seven point four percent increase from September 2017 and a three point one percent decrease over the last three month I attached property sales in September 2018 total 275 a forty six point nine percent decrease compared to five hundred eighteen sales in September 2017 the benchmark price of attached unit is eight hundred thirty seven thousand six hundred that's a six point four percent increase from September 2017 and two percent decrease over the last three months so which areas dropped the most. I usually look at three months sales histories for detached homes Burnaby South had the biggest price change over the last three months from a benchmark price of one point five nine million with a decrease of seven point two percent followed by Burnaby East with a benchmark price of one point two five million with a six point nine percent decrease and New Westminster with a benchmark price of one point one two million also with a six percent decrease for condos the biggest price drop it was whistler with a benchmark price of 521 thousand and a 10% decrease followed by Squamish with a benchmark price of four hundred eighty two thousand at a nine percent decrease and Port Coquitlam with a benchmark price of four hundred and fifty seven thousand with a six point five percent decrease for townhomes Vancouver West had a benchmark price of one point two three million with a five point seven percent decrease over three months followed by vancouver east with a benchmark price of eight hundred and seventy four thousand with a five point four percent decrease followed by Port Coquitlam at six hundred sixty thousand with a four percent decrease so if I was a buyer I would look into those areas if you're in the market to buy a home I always recommend following slope prices this makes it much easier for you to spot a good investment opportunity like this property asking one point 199 million tax assessed at one point 405 million water City Mountain View ideally situated for easy walking access to all of the best of Vancouver this home had offers 1416 square feet and it has enormous kitchen and granite countertops in regards to selling your home I noticed that sellers who are willing to price their home at under its current market value get a lot of interest the buyers are out there they're just waiting for a modest price correction question of the day where do you think prices in Greater Vancouver are heading up or down answer in the comments below I will try to personally answer all the comments myself if you're in the market to buy a home in Greater Vancouver I linked up a playlist of helpful videos over here if you like this video please give it a thumbs up and subscribe I'll be posting new educational videos every Tuesday and Friday this is Alex I'm from Vancouver and thanks for watching this video eh?

Contents

Geography

Greater Vancouver occupies the southwest corner of mainland British Columbia. It comprises roughly the western half of the Lower Mainland and sits astride the lower reaches of the Fraser River and both banks of Burrard Inlet.

Thirteen of the province's thirty most populous municipalities are located in Greater Vancouver.[2] The official land area of the district is 2,877.36 square kilometres (1,111 sq mi). It is the most densely populated region in British Columbia.

See Metro Vancouver#Municipalities for a list of municipalities in the region.

The University of British Columbia and the University Endowment Lands, both located to the west of the City of Vancouver's limits, are not subject to governance by any municipality.

There are also seventeen Indian reserves within the geographical area that are not subject to governance by the municipalities or the Regional District; they have a combined population of 7,550 (2006) and are governed by the Squamish Nation, Musqueam Nation, Tsleil-waututh First Nation, Tsawwassen First Nation, Semiahmoo First Nation, Qayqayt First Nation, Kwikwetlem First Nation, Katzie First Nation and Kwantlen First Nation.

The cities of Abbotsford and Chilliwack and the district of Mission, located to the region's east, are often linked to Vancouver in promotions and tourism and in various non-official usages, as are Squamish and Whistler to the region's north.

Demographics

Population density map of Greater Vancouver
Population density map of Greater Vancouver

The 2016 census indicates a population of 2,463,431 in Greater Vancouver, representing a 6.5% increase from the 2011 census.[3]

The population of Metro Vancouver is of diverse origin. The 2016 census showed that 48.6% of the population was of European or indigenous heritage, while 48.9% of the population were of visible minority origin, the largest group being Chinese followed by South Asians. Other prominent groups include Filipinos, Koreans, Japanese, Southeast Asian, West Asian, and Latin Americans.[4] British Columbia is Canada's most ethnically diverse province.[5]

Canada 2016 Census[6] Population % of total population (2016)
Visible minority group South Asian 291,005 12%
Chinese 474,655 19.6%
Black 29,830 1.2%
Filipino 123,170 5.1%
Latin American 34,805 1.4%
Arab 16,430 0.7%
Southeast Asian 44,905 1.9%
West Asian 46,010 1.9%
Korean 52,980 2.2%
Japanese 30,110 1.2%
Visible minority, n.i.e. 6,490 0.3%
Multiple visible minorities 35,295 1.5%
Total visible minority population 1,185,680 48.9%
European Canadian 1,179,100 48.6%
Aboriginal group 61,455 2.5%
Total population 2,426,235 100%

Politics and government

Federal

Federally, the electorates in the Greater Vancouver region elect Conservative, New Democratic, and Liberal Members of Parliaments. After the 2011 election, the Conservatives and NDP emerged as the two strongest parties in the region, with Conservative support concentrated in the suburbs around Vancouver (e.g. North Vancouver, West Vancouver, Richmond, and south Surrey), and NDP support strongest on the east side of Vancouver, Burnaby, Coquitlam, New Westminster and north Surrey.

In 2011, the Liberals were reduced to two seats, both located in Vancouver. However, in the past, Liberal support has been strong in the Lower Mainland. Following the 1993 election, the Liberals held every seat but one in the City of Vancouver.

Provincial

Greater Vancouver, like the rest of British Columbia, is divided between the BC Liberals and the BC NDP. While the BC Liberals are not formally affiliated with any federal party, they tend to draw support from those who vote for either the Liberal Party of Canada or the Conservative Party of Canada, while the BC NDP provide a centre-left alternative, and is formally affiliated with the New Democratic Party of Canada. Polling from the 2013 provincial election showed that supporters of the BC Liberals were almost evenly split between federal Liberals and federal Conservatives. Despite this trend, former NDP Premier Ujjal Dosanjh ran federally for the Liberals in the 2004 election, and some NDP supporters have drifted to the Greens in recent years.

In terms of political geography, Greater Vancouver is not as polarized between urban core and suburban areas as metropolitan areas in other parts of the country are. However, the BC NDP tends to draw greater support from ridings on the east side of Vancouver, Burnaby, the Tri-Cities, and parts of Surrey. By contrast, the BC Liberals are stronger on the west side of Vancouver, the North Shore, the Fraser Valley, and have held every seat in Richmond since 1991. Ridings in Central Vancouver, like Vancouver-Fairview and Vancouver-Point Grey, and Surrey tend to be swing ridings, with close races between the two parties. Vicki Huntington, an Independent member of the Legislative Assembly, has represented the riding of Delta South since 2009.

Since the mid 1980s, Greater Vancouver also has been the home of every BC Premier. In fact, between 1986 and 2013, the Premier of BC has always represented a Vancouver-area riding in the Legislature, except for a brief period when the NDP selected a new Premier following Glen Clark's resignation in 1999.

Minority representation

Due to the region's ethnically diverse population, there is also diverse government representation. Federally, there are five MPs of visible minority origin: three of South Asian descent, one of Chinese descent, and one of Trinidadian descent. Provincially, there are six South Asian, three Chinese, one Japanese, and one Filipino MLAs.

The Greater Vancouver region has many "electoral firsts". Rosemary Brown was the first black woman elected to political office, becoming an MLA in 1972, and the first woman and first black person to run for a party leadership in 1975. Emery Barnes, a football player elected to the Legislature alongside Rosemary Brown in 1972, and stayed in that capacity until 1996, serving as the Speaker from 1994. Former Indo-Canadian Premier Ujjal Dosanjh was the first non-white premier of the province, while Douglas Jung was the first Chinese-Canadian to become a Member of Parliament. Yonah Martin is the first Korean-Canadian to hold federal public office. Jenny Kwan was the first Chinese-Canadian provincial cabinet minister in Canada. Naomi Yamamoto and Mable Elmore are respectively the first Japanese and Filipino MLAs in the province. Furthermore, Stephanie Cadieux is the first quadriplegic MLA, while Svend Robinson was the first openly gay Canadian MP.

"Invisible minorities" (those from "white" ethnic and cultural groups) also feature strongly in the region's electoral history, most notably former Premier William Vander Zalm, of Dutch origin, while Vancouver's second mayor was David Oppenheimer, an East European Jew. Similarly, former Premier Dave Barrett was the MLA for East Vancouver and is Jewish.

Notes

  1. ^ Cited population is that of the Metro Vancouver Regional District, this does not represent the population of Greater Vancouver.

References

  1. ^ "Greater Vancouver, Regional district [Census division], British Columbia and British Columbia [Province]". Statistics Canada. Government of Canada. Retrieved August 18, 2017.
  2. ^ Statistics Canada – BC municipalities – Population
  3. ^ [1] – 2016 census
  4. ^ "Archived copy". Archived from the original on July 24, 2009. Retrieved August 2, 2009.CS1 maint: Archived copy as title (link), canada.com, April 2, 2008.
  5. ^ [2], cbc.com, April 2, 2008.
  6. ^ Census Profile, 2016 Census: Greater Vancouver, Regional district. Statistics Canada. Retrieved 2 April 2018.
This page was last edited on 12 November 2018, at 17:09
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