Blog & News: Vancouver Real Estate Market

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Posted in BC housing market, Greater Vancouver Housing, housing forecast, Housing Market, Housing Market Statistics, Royal LePage Market Forecast, Second Quarter Statistics
 


Second quarter regional highlights:

  • Aggregate price of a home in Canada rose 25.3% year-over-year in the second quarter
  • Demand expected to outstrip supply with upward pressure on prices, yet the...
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Posted in 2020 Market Report, Aggregate Home Price, Canada Home Prices, City of Vancouver, Condominium, COVID-19 impact on home prices, First Quarter, Greater Vancouver, Greater Vancouver Housing, Home Price, Market Forecast, Market Statistics, Metro Vancouver, Real Estate Sales, Residential Homes, RLP Market Forecast, Royal LePage Market Forecast

Canada's aggregate home prices are predicted to grow 1% by the end of 2020 in a best-case scenario. If the restrictions remain in place through late summer, a national home price decrease of 3% is expected...

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Posted in BC Home Sales, Coquitlam Home Sales, Greater Vancouver, Greater Vancouver Home Sales, Home Owners, Market Prices, Market Statistics, Metro Vancouver, Real Estate Market, Reimers Group, Royal LePage Market Forecast, Tri-Cities Real Estate Market

What does this mean for us?

Greater Vancouver house prices will see a stabilization in 2020. The aggregate prices for homes is forecasted to hit $1,125,200, an increase if 1.5% in 2020. For two-storey homes...

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