This curve demonstrates the home price index in the Greater Vancouver Region reported by the Real Estate Board of Greater Vancouver, which clearly indicates that the trend of home price increase has been accelerated tremendously since January 2021.
This situation can partly be attributed to an economy that is showing signs of recovery, historically low interest rates, high demand for homes, and increased household savings.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.