Blog by Julia Kennett

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Your Market to Date…

Benchmark price is the estimated sales price of a typical property within a select market...and is on the rise throughout Greater Vancouver. In West Vancouver, benchmarks for detached houses are up 10.7% and 4% for apartments over the last year.  North Vancouver’s numbers show a 14% rise in detached sales, 10.9% for apartments, and 14.9% for attached townhouses since March of 2007.  Median selling prices for detached homes in North Vancouver was $912,000 in March of 2008, and $1,620,000 in West Vancouver.