Vancouver Area Oct 14 2017 (2 week update)
Current: Vancouver area Real Estate Market ranges from a Sellers Market to a Buyers Market with average of 14.2 %SOLD rate. See each city for the full details.
September's Real Estate Statistics show our Markets have NORMALIZED with 49% of Vancouver's Detached Markets increasing values this month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of $10,887, which is less than the $4,006 decrease that we saw in the month prior. Overall, Single Family Homes in the Fraser Valley experienced an Average Monthly Price Increase of $2,054, which is a reduction of the $3,386 increase that we saw in the month prior. This Average Fraser Valley Markets are still stronger with a $2,054 monthly increase.
Currently, 61% of the Attached Markets are still increasing in Greater Vancouver (Lower Mainland) (52 of 58 Markets). We are forecasting the beginning of Buyers Market across all Housing Markets. We continue to analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighbourhood.
Fraser Valley & Chilliwack Oct 14 2017 (2 week update)
Current: Fraser Valley and the Chilliwack areas over all are in a Sellers Market averaging a 23.5 %SOLD rate. See each city link for the full details