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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 June 19, 2020 (2-week update)

Current: Vancouver area Real Estate Market ranges from a Stable Market to a Seller Market with an average of 17.1 %SOLD rate. See each city for the full details.

Forecast:

May's Real Estate Statistics shows that 86% of Single-Family Homes in Metro Vancouver are in a Seller's Market. The Average Monthly Prices increased $2,796 which is a slight increase over last month's increase. On the Other hand, May's Real Estate Statistics shows 61% of Fraser Valley's Detached Markets increased values this month. Fraser Valley's Single Family Homes had a $1,220 monthly price increase. We are all surprised at the Market resilience with our large drops in sales during the pandemic. It turns out that the few buyers we had competed for the very low listing inventories. Now we are seeing a trend of substantial new listings increases and are forecasting a stable Market this coming month.

Currently, Condos are in a Seller Market with 60% of the Greater Vancouver (Lower Mainland) Condo Prices increasing. On average, the Condo Market went up $894. At the same time, the Townhouse Markets increased $1,243. That is 71% increased (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 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 June 19, 2020 (2-week update)

Current: Fraser Valley and the Chilliwack areas overall are in a Seller Market averaging a 22.8 %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 May 2020, 13% of the Single Family Home Sold Listings reduced their List Price by the Average of $121,083. This compares to April 2020, when 15% reduced their List Price by the Average of $112,924.
( 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 May 2020, 23% of the Single Family Home Sold Listings reduced their List Price by the average of $75,828. This compares to April 2020 when 15% reduced their List Price by the average of $44,242.

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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 June 2020

Prices have dropped across All Cities, All Markets!

From the Peak in June 2016 (48 months Sales) For Vancouver Detached Homes:
Vancouver Westside and White Rock are both down with 21.5% and 13.5%, respectively.

From the Peak in April 2018 (26 months Sales) For Fraser Valley Detached Homes:
Chilliwack homes also got hit with an 6.8% decrease, and Maple Ridge showed a decline with 7.2% price decrease.
(Click Image to See the difference between the High and Low Markets)

Compare the HIGH-END and LOW-END Markets