There are a large number of young professionals and young families moving out of Downtown Vancouver, and it is not because they have the desire to move from the city. The major reason for the move is price of course, but the two types of buyers are; (1) first-time home buyers; and (2) growing families needing the larger space of a single family house.
As mentioned, they are not moving because they do not love the city life. In fact they've grown to love it. And now they have to decide what suburb outside of the city meets their requirements. Many of the buyers I deal with enjoy the variety of cafes, restaurants, pubs, and shops. The mama and pop stores rule, while the major chain restaurants and...