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Vancouver Real Estate Market Update Reports / South Burnaby Real Estate Market Update Forecast Report

Burnaby Housing Market Forecasts and Trends

Index Abbotsford Burnaby Chilliwack Coquitlam N. Delta Delta Ladner Langley N. Langley Maple Ridge Mission New West Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock 温哥华房地产投资

Vancouver Westside Downtown-West End East Vancouver West Van North Van

Burnaby Real Estate Market Reports and Forecasts
Previous Report

Burnaby Housing Market Update
East Burnaby, Government Road, Deer Lake, Capitol Hill BN, South Slope and all the sub-areas of Burnaby Real Estate Market Update Report.

What are Burnaby's Best and Worst Investments?

Dec 1, 2018

Current: Burnaby's Residential Detached housing market is in a Buyer Market with 6 %SOLD rate.
(This means 6 homes out of 100 sold last month with an average $148,950 Discount from the original price) Lesson

Most Active Range: Homes below $1.3 mill. have 16.7 %SOLD rate
Least Active Range: Homes between $1.6 mill. - $1.8 mill. have a 2.5 %SOLD rate.

History: The Burnaby Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $84,999.
The Burnaby Home PriceIndexHPIp (Lower 50%) Year-To-Date shows that prices decreased $111,837.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Burnaby has a normal Listing supply; 403 homes are for sale and with the 6 %SOLD monthly rate gives us a ~17 months of inventory. 11% of the active listings have reduced their price by $116,134 on average or $100,000 median. We project Burnaby to be a continued Buyer market.

December's Real Estate Statistics shows 72% of Vancouver's Detached Markets values experienced an Average Monthly Price decrease of $11,497 which is close to the $11,521 November price drop. On Average, the Fraser Valley Market shows a $7,226 monthly price decrease. Consumer confidence has been damped with the Volatile Stock Markets, tougher mortgage lending rules, and pending interest rate increases. We are forecasting a Buyer's Market across most Detached Markets for the following months.

Currently, the Condo Market presents a Cool Market with 67% of the Greater Vancouver (Lower Mainland) now decreasing. At the same time, 68% of Townhouse Markets are decreasing. (19 out of 28 Markets). Both Markets still indicate a Buyer's "Wait-To-Drop-More" behaviour for the last 2 quarters. We are forecasting a Buyers Market in all Condo/Townhouse Markets for the foreseeable future. We 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 Neighborhood.

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

Index Abbotsford Burnaby Chilliwack Coquitlam Langley New West - Burnaby E.North Langley North Delta Maple Ridge Mission Richmond Surrey West Surrey East South Surrey White Rock Vancouver Westside Downtown-West End East Vancouver West Van North Van Other Canadian and American Cities Chinese and World Cities

Burnaby's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $1,900,000+

What Is Your Home Value, Profit; Return On Investment?
你的房屋价值 ,利润, 投资收益率知多少?

No Flash? Use our Mobile Friendly Link

Email Home Evaluation

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From:

Comment:

Date	Value

Personalize Your Report

Address:

Owner:

Agent:

计算你的房产价值; 与130的本地和全球市场比较你的投资利润
Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets.

Bill Input Your Previous Home Purchase Details

Purchase price :

Date of purchase :

Forecast Adjustments ?

We thank Bill Coughlin for his support of these Burnaby Real Estate Updates which include sub-areas such as East Burnaby, Capitol Hill BN, South Slope, Government Road, Deer Lake etc. Contact Bill as the Local Expert.... more details.

Download the full BurnabyMarketupdatereport.PDF

This Burnaby Real Estate Market update includes the sub areas Government Road, Deer Lake, East Burnaby, Capitol Hill BN, South Slope etc.

Click Image to compare previous STR/ MTI graphs Trying to do the math? Lessons: STR MTI

Ladner, South Delta, Real Estate Market Update Report

Vancouver Westside Downtown-West End East Vancouver West Van North Van

Burnaby , East Burnaby and NewWest

This is the most accurate %SOLD-Monthly Sell Through Rates (STR Graph) using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

Registration for Monthly and Bi-Monthly Market Reports

Vancouver and FV Market Reports and Forecasts

Developers, Investors, Realtors or Financial Advisers.

Now you can be informed of the market changes as they happen.
- Now you can receive bi-monthly updates.=
Each month we analyze the Real Estate Supply and Demand for 22 cities in the lower mainland: Vancouver to Chilliwack and we make the forecasts for the following month or more.

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Bill Coughlin
RE/MAX City Realty

For Real Estate in Abbotsford, Mission, Langley, Surrey and Chilliwack

call me
1-778-374-3744
Coughlinb@gmail.com

Study Criteria: Sq.ft. 2000 to 3500, Frontage: Maximum 69, Bedroom: 3 to 6, Age: 3 to 65 years. As per Study area Map

Previous underpriced homes data

Why we study the market changes

People really want to know if the market is going up or down in the next quarter, and why not; a mistake could cost them 1,000's of their after tax equity!

Let me show you my extensive analyzing of the LOCAL neighborhood market areas and market projections.

Registration for Monthly and Bi-Monthly Market Reports

Vancouver and FV Market Reports and Forecasts

Developers, Investors, Realtors or Financial Advisers.

Now you can be informed of the market changes as they happen.
- Now you can receive bi-monthly updates.=
Each month we analyze the Real Estate Supply and Demand for 22 cities in the lower mainland: Vancouver to Chilliwack and we make the forecasts for the following month or more.

Membership Free, (Sponsored Realtors Click here )

This is a free service to over 5 million viewers today!!! (