Real estate is local, and there can be short term-ups and downs.
Over the past three months, MLS® stats show approximately 18% of West Vancouver MLS® home sales sold less than what the Sellers originally purchased their home for. Some losses for Sellers whose original purchase was in 2015 to 2025, were as has high as $3,400,000 and $1,156,571 for British Property home sellers, $2,388,000 and $950,000 for Chartwell home sellers, and $1,050,000 for a Dundarave home seller.
See visuals below:
WEST VANCOUVER HOUSE PRICE INDEX – DETACHED HOMES