Search
Price Range

Last month: house sales up 8.3%. Condo sales down 7.8%.

  • 1 month ago

This month: house sales up 14%. Condo sales down 10.7%.

The gap is widening. And it’s not just Metro Vancouver.

The Fraser Valley just posted its first year-over-year sales increase in more than a year, with detached sales up 25%.

Same divergence, even more pronounced.

Here’s what’s happening: when prices fall together across all segments, the dollar gap between a condo and a house compresses. Move-up buyers have figured out that this is when upsizing becomes more affordable, not less.

One month was interesting. Two months across two boards is a regional shift.

πŸ’¬ If you own a condo and you’ve been wondering whether the move-up math works for your situation, send me a message.
πŸ“Š Full breakdown in the video ⬆️

#VancouverRealEstate #MetroVancouver #YVRrealestate #BCrealestate #FraserValley #MoveUpBuyer #VancouverHousing #SurreyRealEstate #BurnabyRealEstate #NorthVanRealEstate #LangleyRealEstate

πŸ‘€ Victor Song PREC* πŸ“ Royal LePage Sterling Realty πŸ“ž 604-779-8408 βœ‰οΈ info@victorsong.com πŸŒ www.victorsong.com