Real Estate in Qualicum Beach, Parksville, and Nanoose Bay
Anchor Realty 113 West 2nd Avenue
Qualicum Beach, BC Canada
(250) 667-0719
RE/MAX Balloon

Real Estate Prices, the Ukraine Crisis, Gold and Stocks

Home > Market News > Nancy’s Blog > Real Estate Prices, the Ukraine Crisis, Gold and Stocks

Home is Where the Value Is

  • Photograph of Nancy Smith
  • Qualicum Beach REALTOR®
  • Published: Feb 24th, 2022 at 5:17 am

We are not financial experts, and as Realtors, we are in tune with the current real estate market. Overnight, gold has soared to new heights, the stock market prices are crashing, Putin has instigated military action against Ukraine, so what does this all mean to the current Canadian Real Estate Market?

We have already predicted a strong Vancouver Island housing market well into 2025 and these major market events will only escalate our housing crisis. Canada is still considered one of the best countries in the world in which to live, and is considered one of the few strong democratic countries. Yes, there are contingents of people who feel dissatisfied with parts of our life, but overall, these people are not so dissatisfied, to move out of Canada.

We can talk about homelessness, our underserved military, our meager pension plans for seniors and the multiple layers of taxation we must endure, but overall, Canada is a land of opportunity.

Briefly speaking and speculating, Vancouver Island has the best living environment in Canada, with a moderate climate, fresh air, an abundance of natural resources, and is located next to one of the nicest International cities in the world, Vancouver. We are linked to the entire world through our international airport as well as a superior internet and communication system.

Investment gurus are suggesting gold will skyrocket as compared to our fiat currency and is a solid investment against hyperinflation, but true value lies in our homes. The stock market will rise and it is falling compared to fiat currency, so where is the safest place to invest, our homes.

Even though Canada home building is near a record pace, it still plays catchup to people's needs. Our Canadian properity is also world class, with a very rich senior demographic beginning to turn their wealth over to the new generations, we have seen enormous jumps in real estate pricing, with some Vancouver Island properties doubling in price within a few years.

The Ukraine crisis, or is it a war, the fall of stock market pricing, the perceived safe value of gold, we had predicted an annual real estate price increase of 7% annually through 2025. Considering that no one can predict the future, we now see this annual increase as conservative.

Nancy Smith logo

Listings by Community

Featured Listing

Video Tours

Search by Price

Price:
 
Sort order:
Results/page:

Listings by Type

Nancy's Picks

Community Info

Community Resources

Community Videos