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Metro Vancouver townhouse prices reach another record high in March

The meteoric rise in Metro Vancouver townhouse prices continued into spring, with prices reaching an all-time high in March 2021 breaking the previous record set just a month earlier. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 12.91% year-over-year, the March […]

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Metro Vancouver detached home prices to reach all-time high in March

The relentless rise of Metro Vancouver detached home prices show no signs of abating with prices set to reach an all-time high in March 2021 breaking the previous record set just a month earlier. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – […]

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Vancouver’s house flipping numbers contradict Bank of Canada governor’s claims of no speculation in real estate market

By Rohana RezelBank of Canada governor Tiff Macklem said two weeks ago that he has yet to see any signs of speculation in Canada’s hot housing market. We analyzed Metro Vancouver real estate data over the last decade to see if Macklem’s claim is based on facts. We found a clear increase in levels of […]

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Metro Vancouver townhouse prices set to reach record high in February

Metro Vancouver townhouse prices are expected to reach another all-time high in February 2021, breaking the new record set just last month. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 14.71% year-over-year, the February mid-month projection shows. This represents an increase […]

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Metro Vancouver detached prices to reach all-time high in February

Metro Vancouver detached prices are on course to reach an all-time high in February 2021 breaking the previous record set in July 2017. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 16.53% year-over-year, the February mid-month projection shows. This represents an […]

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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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