Real Estate Market Report for
Vancouver, BC

Updated : Apr 2016
House
  • Median price $2,288,000
  • Monthly growth -3.86 %
  • Quarterly trend
  • Stock on market 0.47%
Apartment
  • Median price $649,000
  • Monthly growth 1.72 %
  • Quarterly trend
  • Stock on market 0.51%
Vancouver Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Vancouver, British Columbia has a median house price of $2,288,000 when compiling all the home listings in Apr .

Investors looking for properties in Vancouver are most likely to find 4 bedroom homes on offer this month, with 5 bedroom potential investment properties the second most popular.

From our data, it appears that neighbourhood is number 8th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

Can we guarantee how well Vancouver is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

With a median listing price of $649,000, Vancouver is Canada’s 7th most expensive when ordered by median listing price.

In Apr the median listed house price of $649,000 in Vancouver was an impressive compared to the rest of British Columbia.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

British Columbia has the third most amount of properties available to property investors, with Vancouver having 1st most in the province, out of a total of 128.

It’s never an exact art, but to try to forecast how property is going to appreciate in Vancouver for investors, it’s important to look at data like:

Over the last three months in Vancouver, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
1 bedroom $1,100,000 $481,500
2 bedrooms $1,149,000 $799,000
3 bedrooms $1,688,000 $1,598,000
4 bedrooms $2,443,000 $1,329,999
5 bedrooms $2,544,000 $1,288,000
6 bedrooms $2,598,000 $1,298,000
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Which Ontario market offers the best investment opportunities?