Page 17 - July Market Update

Price Per Square Foot
Стоимость Одного Кв. Ф

A quick snapshot of Greater Vancouver's real estate market today

DETACHED CONDOS
u
u
Summer • Burnaby $557 $708

Real Estate • New Westminster $501 $563
• Coquitlam $455 $654
A Greater • Port Coquitlam $450 $517

Vancouver • Port Moody $511 $653

condo is now • Pitt Meadows $432 $407

the ‘price of • Maple Ridge $352 $423
a house four All single family home, townhome and condo data sourced from the REBGV

years ago’ Анализ по всем городам провинции можно

заказать по тел : 778-868-7224
Purchasers look to Greater Vancouver
condominiums for home values to rise
relative affordabil- by another 1.5 per
ity, yet with compe- cent next quarter,
tition continuing to and by a similar
intensify, property amount in Q4.
values within the
segment now out- The fundamentals
strip most detached have not changed.
markets across the The economy is
country. strong and unem-
The budget now ployment is very
needed to purchase low.
a condo could have
netted someone a We face shortages
two-storey home in in our major cities,
Greater Vancouver with many more
four years ago.” people looking for
homes than the mar-
Within Vancouver’s ket has available for
city limits, aggre- purchase or rent.
gate home prices
grew at a slower Upward pressure on
rate of 2.4 per cent prices will likely re-
year-over-year to turn to most markets
It expects overall this quarter.”
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