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The Lower Mainland Real Estate Market Reports, Forecasts and Trends

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The lower mainland real estate market reports give you live market updates. Pick a city above to see their report!!

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Vancouver Area Mar 21, 2025 (2-week update)

Current: Vancouver area Real Estate Market is in a Stable Market with an average of 12.7 %SOLD rate. See each city for the full details.

Forecast:

Greater Vancouver February 2025:

In February, 51% of detached homes in Greater Vancouver lost value. The average price for single-family homes dropped by $4,022, reversing the $7,510 increase from January.

The Chinese New Year (January 29th) often leads to a boost in buying activity. This year, money did come in, but not as much as in previous years.

On one hand, buyers are encouraged by recent drops in interest rates. However, there’s also some uncertainty as we wait for the Federal election, which could give the new government more power to negotiate with the U.S. on tariffs.

Even with these factors, the Metro Vancouver market is expected to stay stable.

Condo and townhouse prices are also dropping, with averages of $1,331 and $3,677, respectively. These markets are expected to remain steady until late spring.

For updates, visit VancouverMarketReports.com every Saturday at noon to see which areas in the Lower Mainland are gaining or losing value. For your Free Home Market Analysis and expert advice on your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.

Fraser Valley February 2025:

In February, 67% of detached homes in Fraser Valley saw a small drop in value. The average price for single-family homes fell by $5,136, reversing the $1,565 increase from January.

The Chinese New Year (January 29th) usually leads to a rise in buying activity. This year, money did come in, but not as much as in previous years. The Fraser Valley benefits when Vancouver is busy, as some buyers move outward.

On one hand, buyers are encouraged by recent drops in interest rates. However, there is some uncertainty as we wait for the results of the Federal election, which could give the new government more power to negotiate upcoming American tariffs.

Even with these factors, the Fraser Valley detached market is expected to stay stable.

Condo and townhouse prices are also falling, with averages of $5,554 and $61, respectively. These markets are expected to stay steady until late spring.

Fraser Valley & Chilliwack Mar 21, 2025 (2-week update)

Current: Fraser Valley and the Chilliwack areas are in a Stable Market averaging a 11.4 SOLD rate. See each city link for the full details

by Vancouver Market Reports

Which Real Estate Markets are Going Up or Down Next?
You can follow the Market Money move from the West to the East every 2 weeks. Need a lesson? Call 778-374-3744

Trying to do the math? STR Lesson MTI Lesson

%SOLD rates for 1 Week below

Now do compare the %SOLD rates to HIGHEST STR below! Archive

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

Now do compare the %SOLD rates to the year 2020

%SOLD rates for 1 week Archive

%SOLD rates for 2 Weeks below

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

Now do compare the %SOLD rates to the year 2018

Now do compare the %SOLD rates to the year 2017

Now do compare the %SOLD rates to the year 2016

Now do compare the %SOLD rates to the year 2015

Now do compare the %SOLD rates to the year 2014

Now do compare the %SOLD rates to the year 2013

Now do compare the %SOLD rates to the year 2012

Now do compare the %SOLD rates to the year 2011

Vancouver Westside Downtown-West End East Vancouver West Van North Van

Trying to do the math? STR Lesson MTI Lesson

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

Now do compare the %SOLD and the MTI rates to year 2022!

Now do compare the %SOLD and the MTI rates to year 2021!

Now do compare the %SOLD and the MTI rates to year 2020!

Now do compare the %SOLD and the MTI rates to year 2019!

Now do compare the %SOLD and the MTI rates to year 2018!

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

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

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

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

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

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

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

Archives: Dec 2011

Real Estate Market Conditions for the Vancouver Area

In the Vancouver area for the Month of Feb 2025, 18% of the Single Family Home Sold Listings reduced their List Price by an average of $110,036. This compared to Jan 2025 when 19% reduced their List Price by an average of $97,143.
(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)

Real Estate Market Conditions for the Vancouver Area

In the Fraser Valley-Chilliwack area, for the Month of Feb 2025, 18% of the Single Family Home Sold Listings reduced their List Price by an average of $55,849. This is compared to Jan 2025 when 21% reduced their List Price by an average of $68,099.
(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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The Best and Worst Investments in Greater Vancouver()

Peak-To-Date: Greater Vancouver Real Estate Markets AVERAGE Prices Changes
Updated 2025 Jan w8cb5a

Prices have dropped across most Cities in All Markets!

From the Peak in Mar 2022 (34 months of Sales) For Vancouver Detached Homes:

White Rock is down the most at 9.4%
Whilst New Westminster declined JUST 0.5%.

From the Peak in Feb 2022 (35 months of Sales) For Fraser Valley Detached Homes:

All cities continue to show a downward trend for average price changes,

Chilliwack had the biggest drop at 21.6%

Abbotsford had the 2nd biggest drop at 20.6%

Abbotsford's High 50% dropped 22.5% or -$474,745.
and the city with the least drop was West Surrey at 0.2%.

(Click Image to See the difference between the High and Low Markets)

Compare the HIGH-END and LOW-END Markets