Vancouver Real Estate Market Update Reports / Weekly Discount Market Changes

The Lower Mainland Real Estate Market Reports.
温哥华列治文加拿大不动产市场变动
 

 
           

Hello Friends, It’s Bill Coughlin! 

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The Lower Mainland Real Estate Market analysis reports archives; all our weekly reports

Do watch the money flow from Vancouver to Chilliwack every week!

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Vancouver Area  Apr 18, 2025  (2-week Price Discount Update)

Current:  In the Vancouver area last week, 77% of the Single Family Home Sold Listings reduced their List Price by the Average of $102,982.
This compares to the week before when 82% reduced their List Price by the Average of $95,736. Meanwhile, 11% of the listings sold over the list price by average of $74,004.  
See each city for the full details.

Forecast:

Greater Vancouver September 2026: 

Home Prices Are Still Falling! But There’s Some Good News!

Greater Vancouver detached home prices dropped an average of $16,504 in September, compared to $22,911 in August. That's a 28% smaller drop! However, 81% of detached home markets are still declining. Condo prices fell $4,797, with 78% of markets dropping. Townhomes took an even bigger hit, falling an average of $8,593, with 87% of markets declining! Canadian consumer confidence is extremely weak. American tariffs are forcing Canadian businesses to close, lay off staff, or move south. We forecast more job losses next month = more downward pressure on home prices! But this market could turn around! If Canada & the US reach a trade agreement with lower tariffs, businesses could regain confidence & start hiring again. If interest rates dropped 1.5%, banks made financing easier & governments offered buyer incentives, sales could recover! EG: FOR 6 MONTHS, remove GST on new homes & property transfer taxes on all sales. This would encourage buyers to step back into the market! Bottom Line: Restore jobs, lower interest rates & reduce buying costs = more buyers, more sales & a stronger housing market!

Want to know how your neighbourhood is performing? Visit VancouverMarketReports.com every Saturday at noon for the latest Sell-Through Rates across all 17 cities. For expert advice or a free home market review, call Bill Coughlin and the Coughlin Team at 778-374-3744. We’re here to help you understand the market and make the best move.

 

Fraser Valley September 2026: 

Good News! Detached Home Prices Are Falling Slower!

Fraser Valley detached home prices dropped an average of $5,589, compared to $10,687 in August. However, 56% of detached markets are still declining. Condos fell $3,717, with 83% of markets declining. Townhomes took the biggest hit, dropping $9,208, with 92% of markets falling! Bottom Line: Detached homes are showing improvement, but condos & townhomes remain under pressure. Buyers have stronger bargaining power! Sellers need competitive prices to attract serious offers. Canadian consumer confidence is extremely weak. American tariffs are forcing Canadian businesses to close, lay off staff, or move south. We forecast more job losses next month = more downward pressure on home prices! But this market could turn around! If Canada & the US reach a trade agreement with lower tariffs, businesses could regain confidence & start hiring again. If interest rates dropped 1.5%, banks made financing easier & governments offered buyer incentives, sales could recover! EG: FOR 6 MONTHS, remove GST on new homes & property transfer taxes on all sales. This would encourage buyers to step back into the market! Bottom Line: Restore jobs, lower interest rates & reduce buying costs = more buyers, more sales & a stronger housing market!

Want to know how your neighbourhood is performing? Visit VancouverMarketReports.com every Saturday at noon for the latest Sell-Through Rates across all 17 cities. For expert advice or a free home market review, call Bill Coughlin and the Coughlin Team at 778-374-3744. We’re here to help you understand the market and make the best move.

 

 


Fraser Valley & Chilliwack  Apr 18, 2025  (2-week Price Discount Update)

Current:  In the Fraser Valley-Chilliwack area last week, 88% of the Single Family Home Sold Listings reduced their List Price by the Average of $49,588.
This compares to the week before when 84% reduced their List Price by the Average of $49,561. Meanwhile, 12% of the listings sold over the list price by average of $62,672. 
See each city link for the full details

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Now do compare the Weekly Discounts to last year below! 

Now do compare the Weekly Discounts to the year 2022 

Now do compare the Weekly Discounts to the year 2021 

Weekly Discounts      History Below 

 Index Vancouver,  Downtown-West End, Yaletown, Richmond,  East Van,  West Van,  North Van, South Burnaby, North Burnaby, E.Burnaby-New West,  Coquitlam, Port Coquitlam-Port Moody, Ladner-Tsawwassen, Maple Ridge, White Rock, N. Delta, W. Surrey E. Surrey, Langley, North Langley, Chilliwack, Mission,  Abbotsford, East vrs West

Archives: Aug 2011

How the  STR  and  MTI  rates actually work Click here


The Chinese Investors Are Coming; 20%-33% price jump in 6 weeks!

March 2 2011 w8c

Research shows that the Richmond Residential Market has jumped 20%, an all time price increase, nearly $158,000 for the average home in just 6 short weeks with no end in sight.  (daily increases could make it closer to 30% today)

Listen to the " Entrepreneur of the Week's" podcast with the experts as to how this price surge could affect your home value and how you can make informed decisions. Click for podcast


The Chinese Investors are buying from helicopter viewings!

The recent study on the influx of mainland Chinese investors into Richmond and the coastal communities shows a dramatic increase in prices, 20%-33% in just six weeks. But the question for many is will that new money come to their community or will it be focused in a narrow ocean front corridor. click to read Full Report


East vrs West, why is one going up and one going down?

Does the new Chinese investment money trickle or rush into other communities to the East or to the North? The overview study looks at two areas

#1 The Chinese Corridor extending from Richmond to White Rock including to Tsawwassen, Ladner and a little bit north into the Vancouver Kitsilano area.

#2 The area east of it, namely of the Fraser Valley Real Estate Board: Surrey to Chilliwack. Here we see the first area has a 30% monthly listing sell-through and the area east of it is currently at a 9% monthly sell-through   to read more ..click here


Abbotsford ..East and West very different markets.

Nowhere have we seen such a major home price difference as we do in East and West Abbotsford. This study shows that East Abbotsford had a substantial reduction of price of nearly $100,000 during 2008 and at the same time West Abbotsford barely adjusted. Today both these communities are selling for ~$85,000 difference yet they are located only 10 minutes apart. to read more ..click here

Advanced Market Reports: %%FIRSTNAME to access the current Supply-and-Demand and the next "30 Day Market Projections" reports for your home: Click Here .Abbotsford,  Mission  Chilliwack, Langley,  Surrey,  White Rock,    East vrs West  
Richmond,  East Van,  North Van, Burnaby,  Coquitlam,  Maple Ridge


Bill shares his secrets on how to make money in this R.E. market.

A moving Market either Up or Down creates great opportunities to gain extra equity.

How did Bill manage to sell his home at the exact top of the market.. what was his secret?

Hindsight is always 20/20, but now with my secret analysis you can better understand the market projections and earn money in both Up and Down markets!                                    details


Get paid for your neighborhood, not just your home

Neighborhood profile movies can really increase your selling price and they are a new service to help you, the buyers and all Realtors.   

Hear how many purchasers have out of town agents and don't know the neighborhood.

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Bill Coughlin
"Realtor and Lifestyle Consultant"

604-217-3992 cell        1-888-539-4664 Toll free                     [email protected]

Re/Max Little Oak Realty


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call me 1-778-374-3744
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The Market Updates
from the local Experts

Bill Coughlin
eXp Realty

call me 1-778-374-3744
Email: [email protected]

 

Do watch the Market Updates
from the local Experts

Bill Coughlin
eXp Realty

call me 1-778-374-3744
Email: [email protected]

 

Bill Coughlin
eXp Realty

call me 1-778-374-3744
Email: [email protected]

 

 

 

 

 

 

 

 

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