The Lower Mainland Real Estate Market Reports, Forecasts and Trends

 


The lower mainland real estate market reports give you live market updates. Pick a city above to see their report


                         EXPAND..Interactive Link

 
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Vancouver Area Aug 16, 2019  (2-week update)

Current:  Vancouver area Real Estate Market ranges from a Sellers Market to a Buyers Market with an average of 9.2 %SOLD rate.   See each city for the full details.

Forecast:

July's Real Estate Statistics shows 74% of Vancouver's Detached Home decreased in values this month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of $22,076. This demonstrates a trend of deeper declines as evidenced from the $18,158 drop in June, $14,880 drop in May and the $8,007 drop in April. On the other hand, the Fraser Valley also shows a declined this month with the monthly price decrease of $3,176. We are forecasting Declining Detached Home Prices across most of the Fraser Valley and Vancouver Markets the next quarter.

Currently, the Condo Market presents a Cool Market with 87% of the Greater Vancouver (Lower Mainland) Condo Prices decreasing $6,482 on average. On the same note, 81% of the Townhouse Markets decreased $3,507 on average (23 out of 28 Markets). We are forecasting a Buyer’s Market in most Condo and Townhouse Markets for the coming quarter. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. 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 Aug 16, 2019  (2-week update)

Current:  Fraser Valley and the Chilliwack areas overall are in a Stable Market averaging a 13.0 %SOLD rate.  See each city link for the full details

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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

Now do compare the %SOLD rates to last year below!      Archive

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

 
 


Trying to do the math?   STR   Lesson  MTI  Lesson   AAA

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 July 2019, 32% of the Single Family Home Sold Listings reduced their List Price by the Average of $97,016. This compares to June 2019, when 33% reduced their List Price by the Average of $95,005.
( 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 July 2019, 37% of the Single Family Home Sold Listings reduced their List Price by the average of $36,454. This compares to June 2019 when 34% reduced their List Price by the average of $38,798.

 

 

Did Vancouver Real Estate Really go down 15% since April 2018 peak? 

Trying to do the math?   STR   Lesson  MTI  Lesson
How the  STR  and  MTI  rates actually work Click here

                                                                                                                                  

Bill Coughlin
"Realtor and Lifestyle Consultant"

778-374-3744 cell        1-888-539-4664 Toll free                     Bill@coughlinteam.com

Re/Max City Realty

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Bill Coughlin
RE/MAX City Realty

call me 1-778-374-3744
Email: Bill@CoughlinTeam.com

 

 

 

 

 

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