News Formal

Lower Mainland detached housing market values holding steady: report

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 77%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Burnaby, Coquitlam and Port Coquitlam are among Metro Vancouver's most durable areas.

Detached house market values in West Vancouver and Vancouver’s west side are bucking downward price trends while Burnaby, Coquitlam and Port Coquitlam markets are proving durable, a new RE/MAX Canada report says.

The central bank surprised market watchers July 13 with a hike of 100 basis points, bringing its target for the overnight rate up to 2.5 per cent. However, 75 per cent of Greater Vancouver markets experienced a downturn in second median values, coming off peak levels reported in 2022’s first quarter. These established communities are drawing purchasers who are looking for affordable detached housing with good accessibility to the downtown core, with preliminary estimates of the Q2 median values ranging from just $1.44 million in Port Coquitlam to $2.12 million in Burnaby.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 14. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Lower Prices Starting to Draw Homebuyers Back Into the Market: RE/MAXThe second quarter saw GTA and Vancouver's home buying activity reignite thanks to softening prices. REMAXca | realestate realestatenews housingmarket
Источник: storeyspub - 🏆 16. / 74 Прочитайте больше »

'Softer' values for detached homes bringing buyers back into the marketCanadians seeking detached homes have returned to the market amid “softer” values in the second quarter, according to a new release from Re/Max Canada
Источник: calgaryherald - 🏆 64. / 52 Прочитайте больше »

'Softer' values for detached homes bringing buyers back into the market, RE/MAX study findsRE/MAX found an increase in second\u002Dquarter home sales across 40% of GTA neighbourhoods and 31% of the Greater Vancouver region. Read on
Источник: financialpost - 🏆 7. / 85 Прочитайте больше »

'Softer' values for detached homes bringing buyers back into the market, RE/MAX study findsRE/MAX found an increase in second\u002Dquarter home sales across 40% of GTA neighbourhoods and 31% of the Greater Vancouver region. Read on
Источник: nationalpost - 🏆 10. / 80 Прочитайте больше »