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The Lower Mainland Real Estate Market Reports, Forecasts and Trends

Index Abbotsford Burnaby Chilliwack Coquitlam N. Delta Delta Ladner Langley N. Langley Maple Ridge Mission New West Port Coquitlam Port Moody Richmond Surrey West Surrey East South Surrey White Rock 温哥华房地产投资

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

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 Jan 10, 2025 (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:

Greater Vancouver December 2024:

In December 2024, about half of detached homes in Greater Vancouver increased in value, but on average single-family homes dropped $7,510. As mortgage rates continue to fall, more buyers are expected to enter the market. However, political and economic challenges, like the Canadian election and US trade issues, remain obstacles to the market recovery in 2025. Metro Vancouver is still forecast to be a stable market.

Condo and townhouse prices also fell, by $11,005 and $6,523 on average. These markets are expected to be Stable in the coming months.

For regular updates, visit VancouverMarketReports.com every Saturday at noon. Get insights on which areas in the Lower Mainland are gaining or losing value. For detailed reports and advice about your neighborhood, contact Bill Coughlin and the Coughlin Team at 778-374-3744.

Fraser Valley December 2024:

In December 2024, more than half of detached homes in Fraser Valley saw an increase in value, with single-family homes rising by an average of $736. As mortgage rates continue to fall, more buyers are expected to enter the market. However, political and economic challenges, like the Canadian election and US trade issues, remain obstacles to the market recovery in 2025. Metro Vancouver is still forecast to be a stable market.

The average price for condos rose by $2,127, while townhouses dropped by $1,630. We expect these markets to remain Stable in the coming months.

For regular updates, visit VancouverMarketReports.com every Saturday at noon. We provide insights on areas in the Lower Mainland that are gaining or losing value. For a full report and neighborhood details, contact Bill Coughlin and the Coughlin Team at 778-374-3744.

Fraser Valley & Chilliwack Jan 10, 2025 (2-week update)

Current: Fraser Valley and the Chilliwack areas are in a Stable Market averaging a 10.5 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 Dec 2024, 21% of the Single Family Home Sold Listings reduced their List Price by an average of $108,233. This compared to Nov 2024 when 19% reduced their List Price by an average of $96,487.
(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 ofDec 2024, 27% of the Single Family Home Sold Listings reduced their List Price by an average of $56,499. This is compared to Nov 2024 when 29% reduced their List Price by an average of 57,294
(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 2024 Nov w8cb5a

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