Detached home prices in Vancouver have increased by 14% since January 2023. Since September 2013, home prices are up 73%.
September 2013 | Janurary 2023 | March 2023 (Q1) | June 2023 (Q2) | September 2023 (Q3) | |
$1,528,300 | $2,319,200 | $2,406,100 | $2,568,600 | $2,648,300 | Home Price Index |
+4% | +11% | +14% | vs January 2023 | ||
+73% | vs September 2023 |
Detached home inventory has increased every quarter this year. As of September inventory is up 29% vs January 2023. Inventory remains below 10 year seasonal averages by -10%.
September 2013 | Janurary 2023 | March 2023 (Q1) | June 2023 (Q2) | September 2023 (Q3) | |
1597 | 869 | 885 | 1068 | 1125 | Total Inventory |
+29% | vs January 2023 | ||||
-10% | vs 10 year seasonal average |
Townhome prices in Vancouver increased by 11% as of June 2023. In Q2 prices dropped 1% and as of September 2023 they are +10% vs January 2023. Since Sept 2013, townhome prices are up 98%.
September 2013 | Janurary 2023 | March 2023 (Q1) | June 2023 (Q2) | September 2023 (Q3) | |
$674,600 | $1,208,700 | $1,293,100 | $1,343,700 | $1,333,700 | Home Price Index |
+7% | +11% | +10% | vs January 2023 | ||
+98% | vs September 2023 |
Townhome inventory has increased every quarter this year. As of September inventory is up 21% since vs 2023. Inventory remains slightly below 10 year seasonal averages by -2.6%.
September 2013 | Janurary 2023 | March 2023 (Q1) | June 2023 (Q2) | September 2023 (Q3) | |
390 | 257 | 250 | 284 | 312 | Total Inventory |
+21% | vs January 2023 | ||||
-2.6% | vs 10 year seasonal average |
Apartment prices in Vancouver increased by 6.7% as of June 2023. They reamined relatively flat between Q2 and Q3. Since Sept 2013, apartment prices are up 91%.
September 2013 | Janurary 2023 | March 2023 (Q1) | June 2023 (Q2) | September 2023 (Q3) | |
$424,600 | $763,200 | $780,200 | $814,400 | $812,000 | Home Price Index |
+2.2% | +6.7% | +6.3% | vs January 2023 | ||
+91% | vs September 2023 |
Apartment inventory has increased every quarter this year. As of September 2023 inventory is up 29% vs January 2023. Inventory remains slightly below 10 year seasonal averages by -1.2%.
September 2013 | Janurary 2023 | March 2023 (Q1) | June 2023 (Q2) | September 2023 (Q3) | |
2637 | 1478 | 1638 | 1859 | 1997 | Total Inventory |
+29% | vs January 2023 | ||||
-1.2% | vs 10 year seasonal average |