Vancouver Real Estate Market Forecasts, Reports and Investments Trends
温哥华房地产投资
The Vancouver Housing Market Investments Analysis Reports are updated every week. Pick a city above. check herez
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Vancouver Area Dec 27, 2024 (2-week update)
Current: Vancouver area Real Estate Market is in a Buyer's Market with an average of 7.8 %SOLD rate. See each city for the full details.
Forecast: In November, 52% of detached homes in Greater Vancouver dropped in value. On average, single-family homes in Metro Vancouver lost $1,245 in price. With lower mortgage rates, more buyers are expected to enter the market, especially for condos and townhouses. We predict that Metro Vancouver will stay a buyer's market until the end of the year.
For condos, the average price went up by $280, and townhouses increased by $110. We expect these markets to stay either a buyer's market to a stable market in the months ahead.
To stay updated on market trends, visit VancouverMarketReports.com every Saturday at noon. We share insights on which areas in the Lower Mainland are gaining or losing value. For a full report on prices, forecasts, and details about your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.
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Fraser Valley & Chilliwack Dec 27, 2024 (2-week update)
Current: Fraser Valley and the Chilliwack areas in Stable Market averaging a 10.5 %SOLD rate. See each city link for the full details
Forecast: In November, 56% of detached homes in the Fraser Valley lost value. On average, single-family homes in the area dropped by $311 in price. With mortgage rates going down, more buyers are expected to enter the market, especially for condos and townhouses. For now, the Fraser Valley is likely to stay a buyer's market until the end of the year.
Last month, condo prices went up by $1,138, while townhouse prices dropped by $1,106. We predict that the condo and townhouse markets will remain either a buyer's market to a stable market in the coming months.
To stay informed about the latest market trends, visit VancouverMarketReports.com every Saturday at noon. We provide updates on which areas in the Lower Mainland are gaining or losing value. For a detailed report on prices, forecasts, and your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.
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Vancouver Area Real Estate Market Investment Conditions - Monthly Overview
In the Vancouver area for the Month of Nov 2024, 19% of the Single Family Home Sold Listings reduced their List Price by an average of $96,487. This compared to Oct 2024 when 17% reduced their List Price by an average of $105,952.
(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)
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Fraser Valley & Chilliwack Area Real Estate Investment Market Conditions - Monthly Overview
In the Fraser Valley-Chilliwack area, for the Month of Nov 2024, 29% of the Single Family Home Sold Listings reduced their List Price by an average of $57,294. This is compared to Oct 2024 when 23% reduced their List Price by an average of $61,817.
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Trying to do the math? Lessons: STR MTI
%SOLD rates for 1 Week below
Now do compare the %SOLD rates to HIGHEST STR below!
Now do compare the %SOLD rates to last year below!
Now do compare the %SOLD rates to the year 2022
Now do compare the %SOLD rates to the year 2021
%SOLD rates for 1 week Archive
%SOLD rates for 2 Weeks below Goto HISTORY
Now do compare the %SOLD rates to last year below! Archive
Now do compare the %SOLD rates to the year 2022
Now do compare the %SOLD rates to the year 2021
Now do compare the %SOLD rates to the year 2020
Now do compare the %SOLD rates to the year 2019
aaaNow %%FIRSTNAME do compare the %SOLD and the MTI rates to last year!
Now %%FIRSTNAME do compare the %SOLD and the MTI rates to the year 2022!
Trying to do the math? Lessons: STR MTI
How the STR and MTI rates actually work Click here
The Best and Worst Investments in Greater Vancouver()
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Peak-To-Date: Greater Vancouver Real Estate Markets
AVERAGE Prices Changes
Updated 2024 Nov
Prices have dropped across most Cities in All Markets!
From the Peak in Mar 2022 (31 months of Sales) For Vancouver Detached Homes:
Delta is down the most at 9.1%,
Whilst Burnaby declined JUST 1.6%.
From the Peak in Feb 2022 (32 months of Sales) For Fraser Valley Detached Homes:
All cities continue to show a downward trend for average price changes,
Abbotsford had the biggest drop at 22.7%
Chilliwack had the 2nd biggest drop at 21.8%
Abbotsford's High 50% dropped 22.6% or -$512,565.
and the city with the least drop was North Delta at 12.3%.
(Click Image to See the difference between the High and Low Markets)
Compare the HIGH-END and LOW-END Markets
Houses Detached Homes TOP
Condos Attached High/Low Markets TOP
Townhouses Attached High/Low Markets TOP
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Bill Coughlin
"Realtor and Lifestyle Consultant"
1-778-374-3744 Bill@coughlinteam.com
eXp Realty
Independently Owned and Operated Key words Real Estate Investments Housing Market Trends and Forecasts for Vancouver Area
See all Markets
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Bill Coughlin
"Realtor and Lifestyle Consultant"
1-778-374-3744 Bill@coughlinteam.com
EXP Realty
Independently Owned and Operated Key words Real Estate Investments Housing Market Trends and Forecasts for Vancouver Area
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$930,000
Residential Detached
35254 WELLS GRAY Avenue
Abbotsford East
This home features two floors with a full 2-bedroom suite in the basement. It has updated bathrooms and flooring. It has new concrete driveway, new Bosch Dishwasher, new Open concept kitchen island with drop lightings, new Deck covers and new fences. Located in a serene setting, this lovely home backs onto green space, offering privacy on your back deck. The home is situated on a quiet & safe street, with access to the "12km Discovery Trail" and McKee Creek Park. The downstairs 2-bedroom suite is a great mortgage helper. Has a separate laundry for each unit. With proximity to excellent schools, a recreation center, shopping & transit, this home is perfectly suited for families and professionals alike. Don’t miss out on this opportunity. Be sure to watch the multimedia informational movie.
eXp Realty
$745,000
Residential Detached
9715 EPP Drive
Chilliwack Proper East
This home tucked away in a quiet cul-de-sac in the heart of Chilliwack. Enjoy your beautiful sunny backyard on your fully enclosed patio. This backyard is full of mature fruit bearing trees and vegetable plants. Split level entry w 2 bedrooms up, 1 bedroom down. Extra long extended carport for additional parking. 10 min walk to Little Mountain Elementary and 25 min walk to Chilliwack Middle or Chilliwack Secondary School This place is the perfect home for anyone looking to get into the market.
eXp Realty
$599,900
Residential Attached
2802 13685 102 Avenue
Whalley
Priced to sell. Georgetown One by Anthem! Located in Surrey City Centre. Spacious unit! BOSCH and Blomberg Appliances. 2-5-10 new home warranty! Walking distance to amenities in the City Centre including shops, restaurants, Central SkyTrain station, SFU and KPU Campuses, the future UBC Campus and numerous parks. 30,000 sqft of amenities incl. entertaining lounge, co-work space, outdoor theatre, dog run, green space, fitness centre, concierge & security service, guest suite. This 2 bed, 2 bath NE corner unit features a 160 sqft balcony with expansive city and mountain views. Pets allowed. Rented 2380/mnth.
eXp Realty
$2,099,900
Residential Detached
12041 COUGHLIN COURT
Stave Falls
SEE the MOVIE: 1.5 acre lots with 2 homes per lot zoning at Hayward Lake Estates.Find us at 30782 Dewdney trunk road. We are between Maple Ridge and Mission. This quiet subdivision backs on to Hayward Lake. Each lot has big building envelopes for wide homes. The 2nd home could be perfect for that Mom, Dad or a family member. The boulevards are landscaped with over 1,000 Ornamental Shrubs and Trees. We re a gated secure focused community nestled in a nature setting. SEE the MOVIE:
eXp Realty
$579,900
Residential Attached
802 3190 GLADWIN Road
Central Abbotsford
See Movie: REGENCY TOWERS very bright condo on 8th floor with Southern views of Mount Baker from the good-sized deck! Just renovated with new open kitchen with pot lights, new quartz countertops, flooring throughout and new bathrooms. Vacant and ready to move. Two gorgeous sized bedrooms, 2 bathrooms, open plan with large kitchen. Underground parking. Fabulous amenities with indoor recreation area featuring pool, Jacuzzi, and fitness centre and roof top deck with weekly entertainment Nice quiet building in good location less than 1 km from Seven Oaks Shopping Mall. Restrictions: 2 pets allowed but NO dogs allowed (except service dogs). No age restrictions. Pls watch multimedia/ movie.
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Bill Coughlin
eXp Realty
call me 1-778-374-3744
Email: Bill@CoughlinTeam.com
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