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Metro Vancouver detached prices edge down in July

Metro Vancouver detached prices declined in July 2022, as the region’s once hot housing market continued to cool down amid rising interest rates. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 3.37% year-over-year, the July month-end update shows. This represents a […]

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Metro Vancouver townhouse prices continue to retreat from record highs

Metro Vancouver townhouse prices continued to retreat from record highs for the third month in a row, an analysis of housing market data for June 2022 shows. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 2.62% year-over-year, the June month-end update […]

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Metro Vancouver detached prices inch up but sales fall in June

Metro Vancouver detached prices inched up in June 2022 even sales activity fell dramatically from last year’s dizzying highs. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 2.09% year-over-year, the June month-end update shows. This represents an increase of 2.68% compared […]

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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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Metro Vancouver townhouse market slows down in April

Metro Vancouver townhouse market activity slowed down in April, with prices coming off record highs as sales fell in the segment that has shown the biggest gains during the pandemic housing boom. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 7.13% […]

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Metro Vancouver detached home market cools down in April

Metro Vancouver detached home market activity cooled down in April 2022, as falling sales knocked prices off the all-time high recorded in March. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 7.11% year-over-year, the April month-end update shows. This represents a […]

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Metro Vancouver detached house prices reach all time high in March

Metro Vancouver’s detached house prices soared in March 2022 to reach yet another all time high despite sings that market activity is slowing down. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 11.31% year-over-year, the March month-end update shows. This represents […]

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Metro Vancouver detached prices reach all time high in February

Metro Vancouver’s detached house prices soared in February 2022 to reach yet another all time high, signalling the region’s housing boom fuelled by ultra-low interest rates and rampant speculation is far from over. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose […]

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Metro Vancouver detached prices reach all time high in January

Metro Vancouver detached home prices started the new year with a rally, reaching an all time high in January 2022. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 11.38% year-over-year, the January month-end update shows. This represents an increase of 5.08% […]

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