Month: October 2019

Featured

Metro Vancouver condo prices down in October

Metro Vancouver condo price decline continued on their downward trend into October, as increased sales volumes seen in the recent months failed to put upward pressure on the prices. The OpenHousing Home Price Index for Metro Vancouver condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 6% year-over-year, the […]

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Featured

Metro Vancouver detached home prices slump in October

Metro Vancouver detached house prices dipped in October, easing fears that increase in sales witnessed so far in the Fall would translate into worsening affordability. The OpenHousing Home Price Index for Metro Vancouver detached houses – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 6% year-over-year, the October preliminary update […]

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Featured

Metro Vancouver condo prices slide despite rising sales

Metro Vancouver condo price decline continues into October, dashing real estate industry hopes that increase in sales witnessed in September would drive prices higher. The OpenHousing Home Price Index for Metro Vancouver condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 9% year-over-year, the October mid-month update shows. Here’s […]

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Featured

Metro Vancouver detached homes prices continue to slip despite rising sales

Metro Vancouver detached house price decline continues into October, allaying prospective homebuyer fears that increase in sales witnessed in September would translate to higher prices. The OpenHousing Home Price Index for Metro Vancouver single family detached homes – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 9% year-over-year, the October […]

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Uncategorized

How parties plan to tackle housing crisis

By Rohana Rezel Here’s an analysis of how each party plans tackle the housing affordability crisis affecting millions of people in Canada’s big cities. Highlights The Good Both the NDP and the Greens plan to massively build out public housing Both the NDP and the Greens intend to support co-ops and co-housing Both the Liberals […]

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Featured

West Vancouver houses shed half their peak prices

West Vancouver median detached houses prices have dropped by half compared to the peak prices recorded at the height of Lower Mainland’s real estate frenzy. In the 30 days leading up to December 13, 2017, the median detached house price stood at $4.5 million. In the 30 days leading up to October 7, 2019, the […]

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Featured

Metro Vancouver townhouse prices continue to fall

Metro Vancouver townhouse prices continued their slide in September, with some homes selling for as low as 32% below assessed. The OpenHousing Home Price Index for Metro Vancouver townhouses – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 6% year-over-year, the September final update shows. OpenHousing Home Price Index covers […]

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Featured

Metro Vancouver condo prices edge lower

Metro Vancouver condo prices edged lower in September, assuaging consumer fears of a return to runaway home prices predicted by the real estate industry. The Open House House Price Index for condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 6% year-over-year, the September mid-month update shows. Address Assessed […]

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