Vancouver Area   Apr 12, 2019  (2-week update)

Current:  Vancouver area Real Estate Market ranges from a Sellers Market to a Buyers Market with an average of 7.7 %SOLD rate.   See each city for the full details.

Forecast: March's Real Estate Statistics shows some of our Markets are NORMALIZING with 54% of Vancouver's Detached Markets increasing values this month. Generally, Single Family Homes in Metro Vancouver experienced an Average Monthly Price decrease of $5,048 which is an improvement from last month's $13,230 price drop. On Average, the Fraser Valley's Market significantly improved with $2,661 monthly price increase. The following month's forecasts are: a Stable Detached Market across most of Vancouver and a Seller Market in the Fraser Valley.

Currently, the Condo Market presents a Cooler Market with 67% of the Greater Vancouver (Lower Mainland) are decreasing prices. On the other hand, 61% of the Townhouse Markets are increasing. (17 out of 28 Markets). We are forecasting a continued Buyer’s Market in all Condo Markets whereas Townhouse Markets are Stabilizing. 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  Apr 12, 2019  (2-week update)

Current:  Fraser Valley and the Chilliwack areas overall are in a Stable Market averaging a 13.9 %SOLD rate.  See each city link for the full details

In the Vancouver area for the Month of Mar 2019, 21% of the Single Family Home Sold Listings reduced their List Price by the Average of $97,204. This compares to Feb 2019, when 27% reduced their List Price by the Average of $90,548.
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.)

In the Fraser Valley-Chilliwack area, for the Month of Mar 2019, 23% of the Single Family Home Sold Listings reduced their List Price by the average of $34,870. This compares to feb 2019 when 25% reduced their List Price by the average of $39,095.

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2017!

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2016!

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2015!

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2014!

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2013!

Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2012! Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2011!

The Best and Worst Investments in Greater Vancouver (YTD)

AVERAGE Prices Changes 
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HIGH ENDS AND LOW ENDS

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