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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

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

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 Apr 3, 2020 (1-week update)

Current: Vancouver area Real Estate Market ranges from a Buyers Market to a Stable Market with an average of 10.5 %SOLD rate. See each city for the full details.

Forecast:

March's Real Estate Statistics shows that we had a Normal Spring Market! Single Family Homes in Metro Vancouver experienced an Average Monthly Price increase of $4,090 which is a continuous improvement from the $2,749 price increase the month prior. At the same rate, Single Family Homes in the Fraser Valley Market had a $4,142 monthly price increase. This is 2nd month (last month) and next to our most solid recovery month since we peaked in April 2018 in Fraser Valley area. Despite the Covid19 cases increasing worldwide, 86% of Detached Market is showing an upward trend. Yes, both sales and inventory have dropped in the last few weeks, but the sell-through-rates continue to be high suggesting a steady market. But with the Stock Market volatility and the pandemic on hand we are not going to forecast the Markets this coming month.

Currently, the Condo Market presents Seller Market conditions with 86% of the Greater Vancouver (Lower Mainland) Condo Prices increasing $1,420 on average. At the same time, 71% of the Townhouse Markets increased $1,094 on average (20 out of 28 Markets). 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.

Fraser Valley & Chilliwack Apr 3, 2020 (1-week update)

Current: Fraser Valley and the Chilliwack areas overall are in a Seller Market averaging a 18.1 %SOLD rate. See eaccity 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

%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 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 AAA

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

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 March 2020, 11% of the Single Family Home Sold Listings reduced their List Price by the Average of $112,064. This compares to February 2020, when 16% reduced their List Price by the Average of $105,164
( 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 March 2020, 17% of the Single Family Home Sold Listings reduced their List Price by the average of $36,880. This compares to February 2020 when 15% reduced their List Price by the average of $39,006.

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Did Vancouver Real Estate Really go down 17% since April 2018 peak?

The Best and Worst Investments in Greater Vancouver()

Peak-To-Date: Greater Vancouver Real Estate Markets AVERAGE Prices Changes
Updated Mar 2020

Prices have dropped across All Cities, All Markets!

From the Peak in June 2017 (32 months Sales) For Vancouver Detached Homes:
Vancouver Westside and White Rock are both down with 24.7% and 14.4%, respectively.

From the Peak in April 2018 (23 months Sales) For Fraser Valley Detached Homes:
Chilliwack homes also got hit with an 8.8% decrease, and Maple Ridge showed a decline with 9.6% price decrease.
(Click Image to See the difference between the High and Low Markets)

Compare the HIGH-END and LOW-END Markets