Diane Birk
Royal LePage Westside
5970 East Boulevard , Vancouver, British Columbia
P: 604-261-9311
F: 604-261-6648
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Royal LePage Westside
5970 East Boulevard , Vancouver, British Columbia
P: 604-261-9311
F: 604-261-6648
Friday, December 4, 2009 - Vancouver Westside Housing Prices
The Real Estate Board of Greater Vancouver has just released the latest Housing Price Index:
Although the price gain over the past year appears significant, it is not that much different from the 3 year gain. This is due to falling prices during the market freeze of the fall of 2008, and 2009 price increases to near peak levels as a result of lower supply, higher demand, and record low interest rates.
posted in General
at Fri, 04 Dec 2009 10:37:11 -0800
| Indexed Price | 1 Year Change | 3 Year Change | |
| Detached | $1,445,248 | 29.5% | 29.9% |
| Townhouse | $ 715,027 | 25.5% | 14.8% |
| Condo | $ 492,247 | 14.9% | 17.0% |
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