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The Lower Mainland Real Estate Market Reports, 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

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The lower mainland real estate market reports give you live market updates. Pick a city above to see their report!!

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Vancouver Area Jan 13, 2023 (2-week update)

Current: Vancouver area Real Estate Market is in a Buyer's Market with an average of 6.2 %SOLD rate. See each city for the full details.

Forecast:

Greater Vancouver December 2022:

The Vancouver Real Estate Market shows that 71% of the Detached Homes in December decreased their values by ($8,770) on average. That means 29% of the markets have actually gone up in December! We are forecasting that the majority of the Hongcouver Markets will stabilize this February and we should see price increases in March.

Currently, Both the Condo Markets and Townhouse Markets are also in a Buyer's Market, with the Average Price decrease of ($1,837) and ($8,461) respectively. We analyze and provide 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. 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.

Fraser Valley December 2022

In December, 89% of Fraser Valley Real Estate Detached Market prices decreased by ($26,006) on average. We are now forecasting that the majority of the Hongcouver Markets will stabilize in February 2023. This cash influx should trickle out and stabilize the Fraser Valley by March or April .

Fraser Valley & Chilliwack Jan 13, 2023 (2-week update)

Current: Fraser Valley and the Chilliwack areas are in a Buyer's Market averaging a 7.2 %SOLD rate. See each city link for the full details

by Vancouver Market Reports

Which Real Estate Markets are Going Up or Down Next?
You can follow the Market Money move from the West to the East every 2 weeks. Need a lesson? Call 778-374-3744

Trying to do the math? STR Lesson MTI Lesson

%SOLD rates for 1 Week below

Now do compare the %SOLD rates to HIGHEST STR below! Archive

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

Now do compare the %SOLD rates to the year 2020

%SOLD rates for 1 week Archive

%SOLD rates for 2 Weeks below

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

Now do compare the %SOLD rates to the year 2020

Now do compare the %SOLD rates to the year 2019

Now do compare the %SOLD rates to the year 2018

Now do compare the %SOLD rates to the year 2017

Now do compare the %SOLD rates to the year 2016

Now do compare the %SOLD rates to the year 2015

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

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

Trying to do the math? STR Lesson MTI Lesson

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

Now do compare the %SOLD and the MTI rates to year 2020!

Now do compare the %SOLD and the MTI rates to year 2019!

Now do compare the %SOLD and the MTI rates to year 2018!

Now do compare the %SOLD and the MTI rates to year 2017!

Now do compare the %SOLD and the MTI rates to year 2016!

Now do compare the %SOLD and the MTI rates to the year 2015

Now do compare the %SOLD and the MTI rates to the year 2014

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

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

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

Archives: Dec 2011

Real Estate Market Conditions for the Vancouver Area

In the Vancouver area for the Month of Dec 2022, 30% of the Single Family Home Sold Listings reduced their List Price by an average of $128,678. This compared to Nov 2022 when 27% reduced their List Price by an average of $131,213.
(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)

Real Estate Market Conditions for the Fraser Valley and Chilliwack Area

In the Fraser Valley-Chilliwack area, for the Month of Dec 2022, 41% of the Single Family Home Sold Listings reduced their List Price by an average of $74,025. This is compared to Nov 2022 when 41% reduced their List Price by an average of $75,828.

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The Best and Worst Investments in Greater Vancouver()

Peak-To-Date: Greater Vancouver Real Estate Markets AVERAGE Prices Changes
Updated 2023 Jan 2 w8cw8c

Prices have dropped across most Cities in All Markets!

From the Peak in Mar 2022 (9 months of Sales) For Vancouver Detached Homes:

White Rock S. Surrey is down the most at 13.7%,
Whilst West Van declined JUST 4.3%.

From the Peak in Feb 2022 (10 months of Sales) For Fraser Valley Detached Homes:

All cities continue to show a downward trend for average price changes,

Chilliwack had the biggest drop at 30.4%

Abbotsford had the 2nd biggest drop at 30.3%

Abbotsford's Top50% dropped 30.3% or -$679,000
and the city with the least drop was North Delta at 10.4%.

(Click Image to See the difference between the High and Low Markets)

Compare the HIGH-END and LOW-END Markets