The RE/MAX 2016 price projection for the average residential sale price is 2.5%, based on continued demand in Greater Vancouver and the Greater Toronto Area.
Many regions in Canada posted year-over-year gains in average residential sale price. The exceptions were primarily regions that rely heavily on the oil and natural resource sectors. Regions such as Victoria and Fraser Valley reported a spillover effect from the price increases in Greater Vancouver
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.
