Metro Vancouver heat spreads further

The fiery housing market in Vancouver is spreading into new parts of the metro and realtors are predicting growth for Tsawwassen and Ladner.

The South Delta is attracting more interest as prices and supply in Vancouver and Richmond force buyers to look further afield.

Realtor Fraser Elliot told the Vancouver Sun that buyers are finding that the area has a lot to offer. “They’re getting a lot more value for their money and I predict it’s going to continue on this trend," he said.

"We’re only five minutes across the river once the new crossing (bridge) is in.”

With sales up by around 30 per cent in the Lower Mainland in the last year, and prices following the upward trend, it’s certainly good news for sellers.

The benchmark price of a single-family detached home in Ladner is $753,400, up more than 19 per cent from a year ago.

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Market update:

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