Tag Archives: entry level

Moving up in Vancouver Real Estate? Not so much…

CIBC World Markets has released research that looks behind the average price moves in Canadian real estate. How are prices moving in Vancouver?

Astonishingly enough it looks like properties under the $1.1 million mark have moved less than a GIC in the last four years. ┬áHere’s a graph from the original PDF:

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That boggles the mind. Even Toronto which has prices going up at the high end looks like its been a much better investment at the lower and middle end:

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So essentially that idea you have in your mind that Vancouver real estate has been a good investment over the last four years with prices just rising and rising? Not so much.