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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 May 7, 2021 (2-week update)

Current: Vancouver area Real Estate Market are in a Seller Market with an average of 29.0 %SOLD rate. See each city for the full details.

Forecast:

April's Real Estate Statistics show that the seller's market is ending soon. We have seen 86% of the Single-Family Homes in Metro Vancouver go up with an Average Monthly Price increase of $38,473, which is the 2nd highest April increase in 12 years! But still, this is a dramatic drop from last month's $84,263 price increase. On the other hand, 89% of the Fraser Valley Detached Markets went up with a Monthly Price increase of $27,629 on average! This is also a decrease from last month’s $60,306 price increase. With the increasing listing inventories and the pending tougher mortgage qualifications rules, we are forecasting that the majority of Metro Vancouver Markets will flip to a Buyer's Market within 6 weeks, and 2 months for Fraser Valley Markets

Currently, the Condo/Townhouse Markets (the more affordable Markets) continue to be in a strong Seller's Market with 99.3% of the Lower Mainland Prices increased. The average monthly Condo prices increased $12,633 and Townhouse prices increased $28,403. We analyze and provides 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 & Chilliwack May 7, 2021 (2-week update)

Current: Fraser Valley and the Chilliwack areas overall are in a Seller Market averaging a 46.5 %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 April 2021, 5% of the Single Family Home Sold Listings reduced their List Price by the Average of $134,126. This compares to March 2021, when 4% reduced their List Price by the Average of $110,850.
(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 April 2021, 5% of the Single Family Home Sold Listings reduced their List Price by the average of $78,877. This compares to March 2021 when 4% reduced their List Price by the average of $83,097.

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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 2021 May

Prices have dropped across All Cities, All Markets!

From the Peak in June 2016 (59 months Sales) For Vancouver Detached Homes:

Vancouver Westside is down with 8.2%, Whilst White Rock went up 17.1%.

From the Peak in April 2018 (37 months Sales) For Fraser Valley Detached Homes:

All cities continue to show an upward trend, especially Abbotsford at 44.1% and 48.6% for Chilliwack

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

Compare the HIGH-END and LOW-END Markets