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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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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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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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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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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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Metro Vancouver condo prices fall in December

Metro Vancouver condo price decline continued into December 2019 as the surge in sales seen in the fall begins to cool down in the winter. The Open House House Price Index for condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 5.27% year-over-year, the December mid-month update shows. Here’s […]

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Metro Vancouver detached prices decline in December

Metro Vancouver detached price decline accelerated in December 2019, as the surge in sales seen in the Fall begins to die down. The Open House House Price Index for detached – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 5.61% year-over-year, the December mid-month update shows. Here’s what detached sales […]

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Metro Vancouver townhouse prices fall in November

Metro Vancouver townhouse price decline accelerated in November 2019 dashing real estate industry hopes for a market recovery. The Open House House Price Index for condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 5.20% year-over-year, the November preliminary update shows. Here’s what condo sales looked like in the […]

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Metro Vancouver condo market prices tumble in November

Metro Vancouver condo price decline accelerated in November 2019 as real estate industry hype about increased sales failed to convince sellers to open up their wallets. The Open House House Price Index for condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 9% year-over-year, the November preliminary update shows. […]

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Metro Vancouver detached home prices sag in November

Metro Vancouver detached house prices continued their downward trend in November, as the hype about increased sales generated by the real estate industry stubbornly refuses to translate to higher prices. The OpenHousing Home Price Index for Metro Vancouver single detached houses – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell […]

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