Nick Del Monte

604-612-5427

Real Estate Prices Rising Once Again

Price of average two-storey home in Vancouver jumps 3% to $1,148,473

By  Global News
The price of the average condo in Vancouver nudged up only 0.3 per cent to $482,800, a figure Royal Lepage calls "relatively flat."

The price of the average condo in Vancouver nudged up only 0.3 per cent to $482,800, a figure Royal Lepage calls "relatively flat."

Canadian Press Home prices are up for all types of homes across Metro Vancouver, according to the latest survey by Royal LePage.

The real estate company finds the average cost of a detached bungalow is up nearly five per cent to $1,062,318, while the price of a standard two-storey home jumped almost three per cent to more than $1,148,473.

The next most expensive housing market in Canada is Toronto, where the price of a detached bungalow rose 4.1 per cent to $589,250.

The most affordable major city for detached housing in Canada was Moncton, where the price of a detached bungalow declined 3.2 per cent to $153,000.

The price of the average condo in Vancouver nudged up only 0.3 per cent to $482,800, a figure Royal Lepage calls “relatively flat.”

 

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.