Vancouver real estate prices since 1980

Here is a miniature graph of Vancouver housing prices since 1980 to April 2006. There are separate lines for detached houses, condiminiums, attached properties and apartments in Vancouver.

As you can see, Vancouver real estate has been a great long term investment.

March Sales Activity in Vancouver

Here is the news from the Real Estate Board of Greater Vancouver for March 2006.

Continued demand in the Greater Vancouver housing market led to an increase in sales and listing activity last month. Sales of detached, attached and apartment properties reached 4,033 units in March 2006, an increase of 2.4 per cent compared to March 2005's 3,938 units, and a decrease of 7.7 percent compared to March 2004's record-breaking 4,371 sales.

“By investing in real estate, homebuyers are demonstrating confidence in our economy and confidence in the high reputation of the Vancouver housing market,” says Real Estate Board of Greater Vancouver president Rick Valouche. “While benchmark prices increased in comparison to the same period last year, we're seeing less of a change in comparison to February 2006.

You can download the whole Vancouver real estate news release here in PDF format.

Before and After: Don't leave up to $10,000 on the table

In our Vancouver seller's guide, we recommend making cosmetic improvements to your home before putting it on the market. You can add up to $10,000 of value, just by presenting your house properly.

Anyone who doesn't believe cosmetic improvements can make that big a difference should check out what the designers at Dekora are doing in their before and after gallery.

Some dramatic examples of before and after, can be found at the Dekora site.