Market Spotlight: City of Vancouver Housing Prices

Below is a snapshot of the housing price index for East Vancouver and Westside single family homes relative to Westside condos (including downtown). Of note, while average single family house prices in East Vancouver did not experience as much inflation as the Westside did in 2012, recent price gains are now tracking right along with the Westside.

It would be an interesting analysis to determine how much speculation and redevelopment activity is playing into house price increases.

Data source: REBGV HPI