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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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Metro Vancouver detached prices flat in September
Metro Vancouver detached home prices remained flat in September, as both listings and sales continued to decline in the month. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 10.94% year-over-year, the September month-end update shows. This represents a decrease of 0.13% […]
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Metro Vancouver detached prices reach another all-time high in August
Metro Vancouver detached home prices have hit another all-time high in August 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 – rose 9.32% year-over-year, the August month-end update shows. This represents an increase […]
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Metro Vancouver detached market sees a shift as buyers drop out faster than sellers
Metro Vancouver single family detached home market appears to be heading towards a balanced market as the number of sales decreases faster than the number of listings. The sales to new listings (SNL) ratio for detached currently stands at 39, indicating a buyer’s market. But the shift in market sentiment still does not appear to […]
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Metro Vancouver detached prices retreat from record highs
Metro Vancouver single family detached home prices retreated from record highs in June 2021, after seven months of continuous growth. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 10.41% year-over-year, the June month-end update shows. This represents a decrease of 1.80% […]
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Metro Vancouver detached prices to come off record highs
Metro Vancouver single family detached home prices are projected to come off all time highs in June 2021, after seven months of continuous growth. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – is still expected to rise 11.05% year-over-year, the June mid-month […]
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Metro Vancouver detached prices reach new all-time high in May
Metro Vancouver detached prices rallied in May 2021 to reach a new all-time high breaking the 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 – rose 15.40% year-over-year, the May preliminary month-end update shows. This represents an […]
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