The Lower Mainland Real Estate Market Reports, Forecasts and Trends
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 Dec 6, 2019 (2-week update)
Current: Vancouver area Real Estate Market ranges from a Sellers Market to a Buyers Market with an average of 12.8 %SOLD rate. See each city for the full details.
Forecast: November's Real Estate Statistics shows Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of $5,488. This is an improvement from the $8,735 drop in October. While home prices declined for 29 consecutive months, we have built up a lot of pent-up buyers just waiting for the market to bottom out. Now some of these buyers are finally stepping back into the market in the lower-end price ranges. Today we have a stark difference between the Low-End and High-End Markets. Over the next few months, we are forecasting price stabilization in the Low-End (lower-50%) and continual decline for the High-End (Top-50%) Vancouver Detached Home Markets.
Currently, the Condo Market presents near stable Market conditions with 57% of the Greater Vancouver (Lower Mainland) Condo Prices decreasing just $308 on average. On the same note, 57% of the Townhouse Markets decreased $623 on average (12 out of 28 Markets). We are forecasting a stable Condo and Townhouse Markets in the coming months. 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 Dec 6, 2019 (2-week update)
Current: Fraser Valley and the Chilliwack areas overall are in a Stable Market averaging a 18.8 %SOLD rate. See eaccity link for the full details
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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


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

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

  
Trying to do the math? STR Lesson MTI Lesson AAA
  
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
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Archives: Dec 2011
Real Estate Market Conditions for the Vancouver Area

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In the Vancouver area for the Month of November 2019, 24% of the Single Family Home Sold Listings reduced their List Price by the Average of $93,701This compares to October 2019, when 25% reduced their List Price by the Average of $92,940.
( 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.)
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Real Estate Market Conditions for the Fraser Valley and Chilliwack Area

In the Fraser Valley-Chilliwack area, for the Month of September 2019, 31% of the Single Family Home Sold Listings reduced their List Price by the average of $37,171. This compares to October 2019 when 30% reduced their List Price by the average of $35,427.
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Did Vancouver Real Estate Really go down 17% since April 2018 peak?
The Best and Worst Investments in Greater Vancouver()
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Peak-To-Date: Greater Vancouver Real Estate Markets AVERAGE Prices Changes
Updated Dec 2019
Prices have dropped across All Cities, All Markets!
From the Peak in April 2018 (20 months Sales) For Detached Homes:
Vancouver Westside and White Rock are both down with 17.7% and 16.5%, respectively.
Chilliwack homes also got hit with a 9.4% decrease,
and Maple Ridge showed a decline with 10.9% price decrease.
(Click Image to See the difference between the High and Low Markets)

  
Compare the HIGH-END and LOW-END Markets
Houses Detached Homes TOP

Condos Attached High/Low Markets TOP 
Townhouses Attached High/Low Markets TOP
   
Bill Coughlin
"Realtor and Lifestyle Consultant"
1-778-374-3744 Bill@coughlinteam.com
eXp Realty
Independently Owned and Operated Key words Real Estate Investments Housing Market Trends and Forecasts for Vancouver Area
See all Markets
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