Vancouver real estate<\/a>, its townhouse appreciation is much slower than that of some of its neighbours.<\/p>\nZoocasa projected that Vancouver townhouses will hit these prices by 2042, 16 years from now.<\/p>\n
They looked at Vancouver and Vancouver East, where the rate of growth was much slower than in some of Metro Vancouver\u2019s suburbs.<\/p>\n
The average price of a townhouse in West Vancouver was already quite high in 2016, at $1,035,400. In 2026, it is $1,331,700, just worth under $300,000 more.<\/p>\n
In Vancouver East, prices climbed from $725,500 to $1,067,400 in the past 10 years, going up by about 340,000.<\/p>\n
Zoocasa said that entry price is the most important variable, pointing out that a city like New West had a price point that buyers could get in with room left to grow. Meanwhile, a West Vancouver townhouse was already worth over $1 million in 2016.<\/p>\n
\u201cOnce a market becomes expensive enough, the buyer pool thins, demand weakens, and appreciation slows to a crawl,\u201d Zoocasa wrote.<\/p>\n
Meanwhile, markets like Maple Ridge had room to build and sell townhouses at prices that \u201cfamilies could actually reach.\u201d<\/p>\n
\u201cAs those homes went up, schools, transit, retail, and community centres followed, transforming these neighbourhoods from commuter outposts into places people genuinely wanted to live.\u201d<\/p>\n
The quickest path to $2 million<\/p>\n
While it\u2019s nearly a two-hour drive from Vancouver, Zoocasa also looked at townhouse prices in Whistler.<\/p>\n
Townhouse values rose significantly in the past decade, from $726,700 to $1,646,800 \u2014 a whopping $920,100 increase.<\/p>\n
\u201cUnlike every other market in this study, it isn\u2019t tied to local wages or commutes to the office. International luxury capital, vacation rentals, and secondary-home demand drive prices there, and it\u2019s just two years from a $2-million average. It functions less like a housing market and more like a global equity asset,\u201d wrote Zoocasa.<\/p>\n","protected":false},"excerpt":{"rendered":"Even though Vancouver real estate is notoriously expensive and out of reach, some nearby cities are quickly catching…\n","protected":false},"author":2,"featured_media":795414,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194298],"tags":[49,48,55],"class_list":["post-795413","post","type-post","status-publish","format-standard","has-post-thumbnail","category-vancouver","tag-ca","tag-canada","tag-vancouver"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/795413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=795413"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/795413\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/795414"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=795413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=795413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=795413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}