Vancouver Real Estate Market Update Reports / Vancouver Real Estate Market Forecasts Trends and Housing Updates / Year-To-Date and Monthy Greater Vancouver Real Estate Market Forecasts Trends and Housing Updates

Greater Vancouver Real Estate Market Forecasts Trends and Housing Updates

Year to Date Real Estate Price Changes

Greater Vancouver Markets
Click Here for Two Year to Date Real Estate Price Changes
Click Here for Ten Year to Date Real Estate Price Changes

The Lower Mainland Real Estate Market Reports
温哥华里士满加拿大不动产市场变动
 

 

Did Vancouver Real Estate really go up 20% in the last year?
True or False?

I want show you the Real Market Change Facts.....
So when you hear Vancouver has gone up 20-30-50% in the last year .... that it is only certain markets segments.

Do checkout Homes, Condos and Townhome Markets that are showing very different market changes!  Click Here

                         EXPAND..Interactive Link

 

  Single Family Homes 
 

September 2021 update

Here on the first Graph the Year to Date for the Top 50% Single Family Housing Market comparing all cities in both areas, Greater Vancouver with Vancouver Westside and West Vancouver consecutively setting highest price changes.

Meanwhile, in Fraser Valley area, East Surrey showed the most price increase and rest of the cities remains to be Seller's markets!

Yes, the Lower 50% of the SFD (Single Family Detached) Market in fact did go down on average price than the Top 50%. 

But please notice that All cities are increasing mainly due to very low listing inventories. We have one of the lowest listing inventories since 2011. This is partially due to the covid infections/lockdowns resulting in many sellers putting plans on hold. 

Average Graph :We just hate putting in an average price increase graph because it mixes the Top Cash Buyer Market with the Low End Job / Mortgage Market which are so dramatically different. Today we produce this least accurate market trend indicator because most consumers relate better to average market conditions. Please use the top50% or Lower 50% graphs for MUCH MUCH MORE accurate indications of market changes, trends and forecasts


The Condo ​Markets 
 

Lets Look at the Top 50% of the Condo Market which for the 2nd time in years have increases exceeding Canada's Inflation Rate (~2%), where all cities showing all positive %% and increasing price changes. The first time was last year, year Dec 2019 to Dec 2020. 

Check out that even on Lower 50% of the Condo Market, White Rock and Langley-Cloverdale showed the most

price increase on its own areas, Vancouver and Fraser Valley respectively. 

The Condo Market has recovered for the past 2 years because of the Demand but with less supply as only few high rises

currently being developed because of the pandemic. 

Average Graph :We just hate putting in an average price increase graph because it mixes the Top Cash Buyer Market with the Low End Job / Mortgage Market which are so dramatically different. Today we produce this least accurate market trend indicator because most consumers relate better to average market conditions. Please use the top50% or Lower 50% graphs for MUCH MUCH MORE accurate indications of market changes, trends and forecasts


The Townhouse ​Markets

Average Graph :We just hate putting in an average price increase graph because it mixes the Top Cash Buyer Market with the Low End Job / Mortgage Market which are so dramatically different. Today we produce this least accurate market trend indicator because most consumers relate better to average market conditions. Please use the top50% or Lower 50% graphs for MUCH MUCH MORE accurate indications of market changes, trends and forecasts

Once again, in both High End and Low End of the Townhouse Markets, White Rock, South Surrey and Langley-Cloverdale increased the most. 

                                                                                                        

        Bill Coughlin


"Realtor, Real Estate Analysis & Lifestyle Consultant"
Bill@CoughlinTeam.com

1-778-374-3744 cell        1-888-539-4664 Toll free

EXP Realty

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