Vancouver Area Mar 10, 2023 (2-week update)
Current: Vancouver area Real Estate Market is in a Seller's Market with an average of 20.6 %SOLD rate. See each city for the full details.
Forecast:
The Greater Vancouver Real Estate Market shows that 57% of the Detached Homes in February is increasing in price. The average price values increased by $4,653. That's is a reversal from the -($6,340) drop in January and the 1st increase we've seen since April last year. We are forecasting that the majority of the Metro Vancouver Markets will stabilize this March. With one year of pent-up buyers we should see price increases in March.
Currently, the Condo Markets and Townhouse Markets have switched to a Seller's Market, with the Average Price increases of $5,114 and $114 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 & Chilliwack Mar 10, 2023 (2-week update)
Current: Fraser Valley and the Chilliwack areas range from Seller's Market to a Stable Market averaging a 20.8 %SOLD rate. See each city link for the full details
Forecast:
In February, 56% of Fraser Valley Real Estate Detached Market prices decreased by just ($1,739) on average. That is a significant improvement from the -($14,803) drop in January. We are forecasting that the majority of the Fraser Valley Market will stabilize in late March / earlier April.
Currently, the Condo Markets and Townhouse Markets have switched to a Seller's Market, with the Average Price increases of $3,732 and $588 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.
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