charliesangelsperth <br/>First Monthly Price Increase For Richmond Homes Since July 2018 — Mortgage Sandbox
 First Monthly Price Increase For Richmond Homes Since July 2018

First Monthly Price Increase For Richmond Homes Since July 2018

HIGHLIGHTS

  • Richmond house prices have dropped over $250k since peaking and have now sunk below $1.5 million.
  • Richmond townhouse prices have also dropped significantly.
  • Richmond condo prices have been very volatile but overall the trend is also downward.
  • High-end Lower Mainland markets like Downtown, West Vancouver, and the Vancouver Westside have been hit hardest by a market slowdown but the surrounding areas are all impacted.
  • There is plentiful supply, so as we enter the fall months, many sellers will likely accept price concessions rather than wait to re-list in 2020.
Richmond.JPG

Richmond

Real Estate News and Forecast

Find a realtor and mortgage broker who shares your priorities and specializes in your local area.

Langley Condo Prices Drop 4% Over 5 Months

Langley Condo Prices Drop 4% Over 5 Months

5 Top Tips for awesome Trick or Treating in Your Condo Building

5 Top Tips for awesome Trick or Treating in Your Condo Building