Benchmark Prices - February 2019

Feb 07, 2019

Written by

Ryan Berlin

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Here are the Benchmark Price Infographics for the areas of the Lower Mainland covered in the monthly rennie review. The areas include the REBGV, Burnaby East, Burnaby North, Burnaby South, Coquitlam, North Vancouver, Richmond, Vancouver East, Vancouver West, West Vancouver, FVREB, Surrey, Langley, Squamish, Tsawwassen, Port Coquitlam, Port Moody, New Westminster, Pitt Meadows, Maple Ridge, White Rock, Abbotsford, and Chilliwack.

Greater Vancouver Board Area

Burnaby East

Burnaby North

Burnaby South

Coquitlam

North Vancouver

Richmond

Vancouver East

Vancouver West

West Vancouver

Fraser Valley Board Area

Squamish

Tsawwassen

Port Coquitlam

Port Moody

New Westminster

Surrey

Langley

Pitt Meadows

Maple Ridge

White Rock

Abbotsford

See Benchmark Prices Infographics for January 2019 here.

Our rennie intelligence division empowers individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

Written by

Ryan Berlin

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Benchmark Prices - February 2019

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Sales in San Diego county jumped 19% in February, with new listings reaching a 4-year high. Looking ahead, the conflict in Iran presents oil and inflation risks, which could keep mortgage rates sticky and prevent them from continuing their downward trek.

Overall sales in Greater Victoria have started the year at a subdued pace, but that’s not the story across all home types. Townhome sales have outpaced detached homes and condos by a considerable margin, continuing a more than two-year trend.