Year: 2020
Featured
Vancouver empty homes crossed 30,000 mark this year
By Rohana Rezel The number of empty homes in Vancouver city is estimated to have crossed the 30,000 mark in 2020, according to our most recent estimate based on census data published by Statistics Canada, and housing completion data published by the Canada Mortgage and Housing Corporation. There were 25,502 private dwellings unoccupied or occupied […]
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Nearly 3 in 4 half-duplexes sold for more than the single detached homes they replaced
By Rohana Rezel The Vancouver City Council approved a plan to allow duplexes in all Vancouver neighbourhoods in the dying days of Vision Vancouver’s term in office. Mayor Gregor Robertson and his Vision councillors sold the Making Room proposal as a plan to improve affordability by increasing density. I spoke against the plan at a […]
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Metro Vancouver detached prices soaring in December
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Metro Vancouver condo prices edging down in December
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Metro Vancouver townhouse prices to reach an all time high in December 2020
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Premium
Metro Vancouver condo prices edging down in November
Metro Vancouver condo prices are projected to decline in November 2020, a preliminary analysis of housing market data shows. The OpenHousing Home Price Index for condo properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 2.35% year-over-year, the November early projection shows. This represents a decrease of 5.62% compared […]
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Premium
Metro Vancouver condo prices edge up in October
Metro Vancouver condo prices inched up in October 2020, an analysis of housing market data shows. The OpenHousing Home Price Index for condo properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 1.97% year-over-year, the October month-end update shows. This represents a decrease of 1.61% compared to September. The […]
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Featured
Metro Vancouver townhouse prices recede from pandemic peak in October
Metro Vancouver townhouse prices are receding from the peak reached in September as buyers sought as buyers rushed to by affordable townhouses with more space to accommodate working from home arrangement during Covid-19 lockdowns. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – […]
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Featured
Metro Vancouver condo prices showing little movement in October
Metro Vancouver condo prices are showing little movement in October 2020 even as the inventory in that segment keeps growing. The OpenHousing House Price Index for condo properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – nudged up by 1.81% year-over-year, the October mid-month projection shows. This represents a 1.42% […]
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Featured
Metro Vancouver detached prices continue to retreat from pandemic peak
Metro Vancouver detached home prices continued to retreat from the peak recorded in August as buyers sought out more space to work from home during Covid-19 lockdowns. The OpenHousing House Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – climbed 5.38% year-over-year, the October mid-month projection. […]
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