.Vancouver Real Estate Market Forecasts, Reports and Investments Trends
温哥华房地产投资
Index Abbotsford Burnaby North Burnaby Chilliwack Coquitlam N. Delta Delta Ladner Langley N. Langley Maple Ridge Mission New West 温哥华房地产投资 Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock Vancouver Westside Downtown-West End Yaletown East Vancouver West Van North Van


The Vancouver Housing Market Investments Analysis Reports are updated every 2 weeks. Pick a city above.

gas gauge

 

Vancouver Area  Sept 16 2016  (2 week update)

Current:  Vancouver area Real Estate Market ranges from a Stable to a Buyers Market with a strong 7.1 %SOLD rate.   See each city for the full details.

Forecast:  August Real Estate Statistics indicate that the Cashing-Out-Vancouverites are moving out to the Suburbs at a much slower pace but still managed to keep many Eastern Fraser Valley Markets strong.  Overall, the Single Family Homes in the Fraser Valley experienced an Average Monthly Price Decrease of $2,738, an expected change (which was down from the $697 Increase we saw in July) and minimal when compared to Vancouver's  $18,692 decrease.   Conversely, 67.5% of the Townhouse and Condominium Markets are showing increases and continue to outpace most Single Family Home Markets

With the New 15% additional tax on Foreign Buyers in Metro Vancouver we would normally forecast a moderate drop of Buyers in the High-End Detached Markets. But the 15% tax has also stalled the Local Consumer Confidence as some Local Buyers took the Wait and See Approach.  Well the "Sky Did Not Fall".  Our informed sources believe the next big test of the Off-Shore Buyer's Confidence will be following the upcoming Chinese National Holiday in the first week of October. Most indications are that we could  be begin to see returning normal Off-Shore confidence in the strength of investing in Canadian Real Estate. We continue to analyze and provide 98 individual City's Home Price Indexes to Supply You the Most Accurate Market Trends.  Please contact us for your own Market Value Update with Analysis and Forecast.

Check out our New Home Price Indices for Hong Kong, Beijing, Shanghai and Sidney Australia. Incidentally, Sidney Australia also just implemented a New Sales Tax on Foreign Buyers.


Fraser Valley & Chilliwack Sept 16 2016 (2 week update)

Current:  Fraser Valley and the Chilliwack areas over all are in a Stable to Sellers Market averaging a 12.2 %SOLD rate.  See each city link for the full details

gas gauge
Vancouver Area Real Estate Market Investment Conditions - Monthly Overview

In the Vancouver area for the Month of Aug, 15% of the Single Family Home Sold Listings reduced their List Price by the Average of $113,175. This compares to the July 2016, when 12% reduced their List Price by the Average of $117,244.  
( Note: the other Two Week Reports ( STR and MTI ) will be more accurate market indicators than this monthly report after the middle of each month.)



Fraser Valley & Chilliwack Area Real Estate Investment Market Conditions - Monthly Overview

In the Fraser Valley-Chilliwack area, for the Month of Aug, 12% of the Single Family Home Sold Listings reduced their List Price by the average of $52,332. This compares to the July 2016 when 10% reduced their List Price by the average of $36,755.

Trying to do the math? Lessons:  STR   MTI 

Now do compare the %SOLD rates to last year below!      Archive

Now do compare the %SOLD rates to the year 2014

Now do compare the %SOLD rates to the year 2013

Now do compare the %SOLD rates to the year 2012

Now do compare the %SOLD rates to the year 2011

 

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to last year!

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2013!

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2012!

 

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2011!

 

Archives: Dec 2011

Trying to do the math? Lessons:  STR   MTI 

How the  STR  and  MTI  rates actually work Click here

 


Did Vancouver Real Estate Really go up 31% in the last year? 

                                                                             True or False?

 

Year to Date Real Estate Price Changes
 

Single Family Homes Top 50%   See all Markets

Here on the first Graph the Year to Date Price Changes for the Top 50% Single Family Housing Market comparing all cities in the Greater Vancouver areas is up an AVERAGE 


Now compare this to the Condo  Markets   (Lower 50%See all Markets

Yes the Lower 50% of the Condo Market some cities actually went Down on Average.

Do notice that only a few cities even beat our expected 2% Canada Consumer Annual Inflation Rate.

Are Condos a good investment?     When will they go up?

Low End Condos attract very little foreign investment. This Market is considered mostly a Job Driven Market!

The Condo market will recover and increase when Demand Increases  eg: when we have stronger employment with good paying jobs. More Tim Horton jobs will not create many more home buyers.

The Condo Market is so easy to Over Supply with the many new high rises currently being developed this year.  Single Family Lots ...in other words "DIRT" will continue to be the the one true investment that can rarely be over supplied.

See all Markets

                                                                                                                                  

Bill Coughlin
"Realtor and Lifestyle Consultant"

 

1-778-374-3744            Bill@coughlinteam.com

Re/Max City Realty
Independently Owned and Operated                               Key words Real Estate Investments Housing Market Trends and Forecasts for Vancouver Area

Real Estate
Market Reports

Index

RE/MAX Market Share Reports REMAX

 

Market Updates
from the local Experts

Members Login

Home Reports M - Z

Members Login

Bill Coughlin
RE/MAX City Realty

call me 1-778-374-3744
Email: Bill@CoughlinTeam.com