Tag Archives: Vancouver Market Updates

Though it is seemingly still a Seller’s Market in the city of Seattle, luxury home buyers in the area may be in luck. While inventories appear to be low in the higher-end neighborhoods, it is due to the annual decrease in listing activity and not based on increasing demand.

Numerous studies and reports have told Vancouverites time and time again what they already know: the Vancouver housing market is extremely expensive. But a report almost 40 years in the making shows just how bad the housing market has become recently.

In the new year, the real estate prices of Metro Vancouver have continued to soar to unbelievable heights, reaching record prices and record numbers.

Vancouver’s housing market has been on fire for the last decade, and it looks like it will continue to flourish into 2016. Last year alone, the value of all properties in the city—which is Canada’s most expensive real estate market—climbed to a record $636 billion, a more than 16 percent increase compared to 2014.