Month: June 2022
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Metro Vancouver median detached home price down 11% from peak
The median sales price for Metro Vancouver detached homes is down 11% so far in June from the February 2022 peak. The median sales price for Metro Vancouver detached homes currently stands at $1,725,000. It peaked at $1,940,000 in February 2022. The median price for detached homes in Coquitlam has dropped 23.38% from $1,955,000 in […]
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Metro Vancouver townhouses prices record another monthly decline in May
Metro Vancouver townhouse prices saw another monthly decline in May 2022, following a similar month-over-month decline in April. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 5.54% year-over-year, the May month-end update shows. This represents a decrease of 1.39% compared to […]
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Metro Vancouver detached prices fall for the first time time in 2.5 years
Metro Vancouver detached prices declined in May 2022, marking the first year-over-year drop since December 2019. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 3.78% year-over-year, the May month-end update shows. This represents a decrease of 8.25% compared to April. The […]
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Vancouver house sells for 18% below 2017 purchase price
A house in Vancouver’s posh Shaughnessy neighbourhood has sold for 18% below what the seller paid for it in 2017. The seller Lucy Tru Washington bought the five-bedroom eight-bathroom property at 1376 W 26th Avenue for $9.85 million in May 2017. The “Cartier Manor” was put on the market in August of last year for […]
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