An Overview of the Vancouver Real Estate Market

In this section we feature graphs and statistics, market data and updates, as well as current local news pertaining to the vancouver real estate market and its specific neighbourhoods. We also feature monthly neighbourhood graphs and stats

Vancouver’s Home Price Index Rises in January

by Maggie Chandler February 8, 2012 Home Prices and Trends

What are Vancouver (west side) homes, townhomes and condo Home Price Index (HPI) for January? The price for all categories was up.
Market bottomed?
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East Vancouver Real Estate Graph

by Maggie Chandler February 7, 2012 Home Prices and Trends

Here’s East Vancouver’s real estate graph for January 2012.

View the listings, solds, average price, median price, dollar volume and what’s selling, on a monthly basis for the past year.

Leave a comment at the bottom of this post, on Facebook

Rebgv Area Charts – 2012-01 Vancouver East Graphs-listed Sold Dollar Volume

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Vancouver Mortgage Rate Update – Homes for Sale in Vancouver

by Maggie Chandler February 7, 2012 Mortgage Rates

Here’s the mortgage rate update for Vancouver homes for this week

Term
Rate

Prime
3.00%

Variable
2.90%

1 Year
2.89%

3 Year
2.69%

4 Year
2.95%

5 Year
3.09%

10 Year
3.89%

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Vancouver Real Estate Graphs

by Maggie Chandler February 6, 2012 Home Prices and Trends

Here’s the graph for Vancouver west side for Jan’12. View number of listings, solds, average and median price on a monthly basis for the last year. View houses, townhouses and condos and leave us a comment at the bottom of this post, on Facebook.

Rebgv Area Charts – 2012-01 Vancouver West Graphs-listed Sold Dollar Volume

…

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2011 Greater Vancouver Real Estate Sales Slightly Below The Average

by Maggie Chandler February 3, 2012 Home Prices and Trends

From REBGV

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per cent decrease from the 35,669 residential sales in 2009. Last year’s home sale …

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How Are Vancouver Condo Prices Compared to a Year Ago?

by Maggie Chandler February 2, 2012 Home Prices and Trends

Where are the average Vancouver prices for new and resale condos compared to a year ago?

In Dec’11, the new condo price was $624,958 vs $1,069,039 in Jan’12, indicating there was a high end sale in January that put the average price out of line.

From REBGV

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BC Real Estate Prices Forecast to be Flat for Next Two Years

by Maggie Chandler February 1, 2012 Home Prices and Trends

The British Columbia Real Estate Association (BCREA) released its 2012 First Quarter Housing Forecast Update.

“Modest economic growth at home and abroad is expected to limit growth in consumer demand both this year and in 2013,” said Cameron Muir, BCREA Chief Economist.

BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 2.1 per cent from …

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How is the Real Estate Market for Vancouver’s Shangri-la Condos?

by Maggie Chandler January 30, 2012 Local Market Data

How is the market in Vancouver’s Shangri-la Condo Building? How are sales compared to last year? Are prices up or down? Are condos selling faster? What price range is selling the best? The complex consists of 2 sections, each with their own address, entrance, elevators and concierge. The Live/Work section go to the 40th floor …

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Vancouver Luxury Condo Sales Jump 25% in 2011

by Maggie Chandler January 30, 2012 Local Market Data

The Vancouver luxury condo(over $2M) sales for 2011 have exceeded 2010 by 25%, making it the best year ever and the average price is 25% higher than it was a year ago but inventory has also risen 20% from a year ago.

Best Month for Sellers?

March/April

Sales over $5M

2010 -6
2011 -12 (of which 8 were on the …

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