East Vancouver Real Estate Market Reports, Forecasts and Trends

 


 East Vancouver Market Reports and Forecasts   Previous Report

East Vancouver Market Update Report (Killarney VE, Renfrew VE, Collingwood Van East, South Vancouver, Knight and all sub areas of East Vancouver.

What are East Vancouver's Best and Worst Investments?

Archive Peak to Date Price Changes

May 1, 2024

gas gauge

 Current: East Vancouver has a Seller Market with average listing inventory, 17 %SOLD rate, a  98% Sell/List Ratio and 11 DOM.
                      (This means an average of a $11,000 increase on a sale from the original list price)          

             Most Active Range: Homes below $1.7 mill. have High 31.0 %SOLD rate.        
             Least Active Range: Homes above $2.9 mill have 5.2 %SOLD rate.

 History: The East Vancouver Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $22,748.
                The East Vancouver Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $104,529.
                           *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

 Forecast: East Vancouver has average Listing Supply; with 502 homes for sale and the  17 %SOLD monthly rate gives us ~6 months of Inventory. 5% of the active listings have reduced their price by $118,084 on average or $100,000 on median for the last month. We project East Vancouver to be a continued Stable Market.
 

Greater Vancouver April 2024:

Single-family detached home costs have increased on average by $11,953, slightly less than the $18,256 average rise observed in March. Although fixed mortgage rates have dropped significantly, it seems that buyer confidence is dependent on the Bank's policy rate falling as well, which could entice some buyers to enter the market. We forecast that the seller-friendly real estate market will switch to a buyers within the month.

In Vancouver, the average cost of 78% of condominiums has declined by $536. However, townhouses are selling for an average of $2,505 presently as opposed to $10,973. We forecast the sellers' market to end within the next month.

For the most accurate and up-to-date market trends, join us every Saturday at noon on VancouverMarketReports.com, where we analyze the winners and losers in each Lower Mainland city. For a comprehensive market value update, including forecasts and a thorough analysis of your neighborhood and local market area, please don't hesitate to contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

Fraser Valley April 2024:

Single-family detached home costs have increased on average by $4,367, slightly less than the $13,015 average rise observed in March. Although fixed mortgage rates have dropped significantly, it seems that buyer confidence is dependent on the Bank's policy rate falling as well, which could entice some buyers to enter the market. We forecast that the seller-friendly real estate market will switch to a buyers within the month.

In Fraser Valley, the average cost of 75% of condominiums has gone up by $3,141. However, townhouses are selling for an average of $7,202 presently as opposed to $9,716. We forecast the sellers' market to end within the next month.

For the most accurate and up-to-date market trends, join us every Saturday at noon on VancouverMarketReports.com, where we analyze the winners and losers in each Lower Mainland city. For a comprehensive market value update, including forecasts and a thorough analysis of your neighborhood and local market area, please don't hesitate to contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 


   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

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East Vancouver Real Estate reports include sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc. Contact Bill as the Local Expert more details.

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

Download the East Vancouver market reports.PDF

South Vancouver, Collingwood Van East, Killarney VE, Renfrew VE, Knight etc. are included in East Vancouver reports

South Vancouver, Collingwood Van East, Killarney VE, Renfrew VE, Knight etc. are included in East Vancouver reports

South Vancouver, Collingwood Van East, Killarney VE, Renfrew VE, Knight etc. are included in East Vancouver reports

South Vancouver, Collingwood Van East, Killarney VE, Renfrew VE, Knight etc. are included in East Vancouver reports

East Vancouver reports which includes sub areas such as Collingwood Van East, Killarney VE, Renfrew VE, South Vancouver, Knight etc.

These East Vancouver Real Estate Market reports include sub areas such as Renfrew VE, Knight, Collingwood Van East, Killarney VE, South Vancouver etc.

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    East Vancouver Market Reports and Analysis   Previous Report

East Vancouver Market Update Report (Killarney VE, Renfrew VE, Collingwood Van East, South Vancouver, Knight and all sub areas of East Vancouver.

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

 East Vancouver

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

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