The newest Vancouver Real Estate stats have been released today. Here is a quick summary...
If you would like to read the full report please continue below.
Real Estate sales are down 30% from last year, which makes sense because last year was the busiest and highest real estate sales and value in Greater Vancouver's history. Also, prices are down in comparison from last year. The home price index is down 8.5% from last year.
Now here are some more current stats that are valid to today's market, Month to month stats are completely different.
- The amount of properties for sale are up 16% in comparison to March 2019
- Home Price Index is down 0.3% in comparison to March 2019
- Detached home prices are down 0.8% in comparison to March 2019
- Condo home prices are unchanged from March 2019.
These numbers tell me we might be at the bottom or nearing the bottom of the Greater Vancouver Real Estate Market when it comes to price and value.
If you would like more stats on your area and type of home please contact me directly...604-726-3257
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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