Sponsored in part by Virtual Real Estate Assistants​

Vancouver Downtown Market Reports Market Update 

Hi , your free RE/MAX Market Share Reports Plus many Advanced Market Reports.

Question? Do you know when 's market will switch to a Buyers Market, in advance?

Bottom-line if you are not using our Advanced Market Reports you have lost 25% of your profits.

Our Advanced Reports and the Stats Boot Camp Course empower Agents to get shaper prices;higher sell-through rates and to be able to show their clients the actual market trends.

Many of these Advanced Reports will probably look like gibberish until you take a lesson. Once empowered with your own personalized reports, then you can really understand the market trends to protect your clients and make you more money.    Standing by to help you :)  Bill Coughlin  778-374-3744  eXp Realty  

 




Now even Condominiums eked small gains in most communities this year!

Would like to to see the Condos Low & the Townhouse Changes too?   Note: All of these Home Price Changes are complied from the most accurate VMR Home Price Index (paired) HPIp

, if you do not want any future RE/MAX Market Reports  Please reply Remove Me and you will be sorely missed! :) Bill Coughlin

 

......
  Downtown

Jun 1, 2024

gas gauge

Current: Vancouver Downtown's Residential Attached housing market is a Stable market with 12 %SOLD rate and a 98% Sell/List Ratio.  
                     (This means 11 homes out of 100 sold with an average of $14,900 discount on a sale from original list price)

Most Active Range: Homes below $500,000 have 20.9 %SOLD rate.  
Least Active Range: Homes above $2.75 mill. have 3.9 %SOLD rate

History: The Vancouver Downtown Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $50,376.
                  The Vancouver Downtown Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $23,054.
                   *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Current listing inventories are 26% more than same month last year meaning that we are seeing a reduced listings supply. We project Vancouver Downtown to be on a Continued Stable market.

Greater Vancouver May 2024:

The cost of single-family homes in Greater Vancouver showed an average price increase of $9,848, which is just under the $11,953 increase seen in April. Some good news: the Canadian Prime Rate did drop .25% which is a moral booster for some but still.  housing market will only get stronger if mortgage rates go down enough to make homes more affordable and a 1/4 point drop will not do that. We forecast that the Metro Vancouver area is now a Buyer's Market and will be for months ahead.

60% of the condos and townhouses increased in price last month. The price of Condos last month was up $2,602 on average, while townhouses now cost $699 more on average. We believe that the condo and townhouse markets will peak now and hold steady for the next few months in Vancouver. 

For the latest market trends, join us every Saturday at noon on VancouverMarketReports.com. We discuss which areas in the Lower Mainland are doing well and which are not. For a complete update on market values, forecasts, and a detailed analysis of your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

Fraser Valley May 2024:

The cost of single-family homes in Fraser Valley showed an average price increase of $1,063, which is down from the $4,367 increase seen in April. Some good news: the Canadian Prime Rate did drop .25% which is a moral booster for some but still.  housing market will only get stronger if mortgage rates go down enough to make homes more affordable and a 1/4 point drop will not do that. We forecast the Fraser Valley area will turn to a Buyer's Market this month. 

The price of Condos last month dropped by $3,920, while townhouses also declined by $2,562 on average. We believe that the condo and townhouse markets will remain a buyers market for the next few months. 

For the latest market trends, join us every Saturday at noon on VancouverMarketReports.com. We discuss which areas in the Lower Mainland are doing well and which are not. For a complete update on market values, forecasts, and a detailed analysis of your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

    
 

Sponsored in part by Virtual Real Estate Assistants​


Since 1984 RE/MAX Agents have had an edge; their monthly RE/MAX Market Reports .. It has being my privilege to expand these reports into critical marketing tools. Thank You!  Bill Coughlin

My passion to help..... I seriously dream of new marketing tools to enable you make more money! 

OK the Advanced Market Reports are tooo complicated at first glance. These reports are now split  into

  • the Quick Reports for easy review
  • the Advanced reports that really needs a Stats Boot Camp lesson to fully comprehend
  • Forecasting for the Stats addicts like me.

Announcing the Instant Home Price Evaluator.  In the year 2012, 82% of listings from Burnaby to Chilliwack DID NOT SELL,  or were Discounted on sale an Amazing 7.8%* from the original list price!  Help to price it right has arrived! 18 % homes were listed at a salable price and sold within 3.7%* .

Our Instant Home Price Evaluator  on the right side takes just seconds and has an accuracy before adjustment of ~3.7%* of the resulting sale price 31% of the time.   * (on average)    
do call us for your custom reports and Stats Lessons  Bill Coughlin 778-374-3744

Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!

 

 

 RE/MAX Market Share Reports (Jim Lees revamped)

Sponsored in part by Virtual Real Estate Assistants​

 

NOTE: This representation is based in whole or in part on data generated by the Real Estate Boards of Greater Vancouver, Fraser Valley, Chilliwack which assume no responsibility for its accuracy.   
Year 2015 Cumulative report              
Year 2014 Cumulative report      Year 2013 Cumulative report     . the BEST REPORT for your CMA to help you win the listings.                            Copyright © 2011 by Bill Coughlin                   

We thank Bill Coughlin for her support of these Vancouver Downtown including Coal Harbour, West End VW, Yaletown Market Updates. Contact Bill as the Local Expert....  more details.  

Coal Harbour, Downtown VW, West End VW, Yaletown, Residential Attached housing market Vancouver Downtown,

Coal Harbour, Downtown VW, West End VW, Yaletown, Residential Attached housing market Vancouver Downtown,

Coal Harbour, Downtown VW, West End VW, Yaletown, Residential Attached housing market Vancouver Downtown,

Download the full VancouverDowntownMarketupdatereport.PDF

Coal Harbour, Downtown VW, West End VW, Yaletown, Residential Attached housing market Vancouver Downtown

Coal Harbour, Downtown VW, West End VW, Yaletown, Residential Attached housing market Vancouver Downtown

This is the Vancouver Downtown Real Estate Market report which covers sub areas Coal Harbour, Downtown VW, West End VW, Yaletown

 

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