Vancouver Real Estate Prices on the Rise!
10 HOTTEST NEIGHBOURHOODS IN THE LOWER MAINLAND
1. Langley: The hottest neighbourhood in the Lower Mainland is in the Township of Langley. In this neighbourhood (FSA: V2Y) south of Highway 1, between 196th and 248th streets, average prices were $490,354 in April, an increase of 15.46% from March and 12.2% from April 2008.
2. Richmond: The second-hottest neighbourhood in the Lower Mainland is in Richmond (FSA: V6X), bounded on the east by No. 5 Road and on the south by Westminster Highway, where average prices were $448,469 in April, an increase of 16.29% from March and 3.43% from April 2008.
3. Vancouver: The third-hottest neighbourhood in the Lower Mainland is the Coal Harbour area. In this neighbourhood, bordering English Bay, Hastings Street, Burrard and Broughton (FSA: V6E), average prices were $561,198 in April, an increase of 15.12% from March and 0.34% from April 2008.
4. Vancouver: In the area of Kitsilano bordered on the south by 16th Avenue and on the east and west by Arbutus and Blenheim (FSA: V6K), average prices were $688,471 in April, an increase of 20.28% from March.
5. Port Moody: (FSA: V3H), average prices were $498,358 in April, an increase of 19.83% from March.
6. Burnaby: In the Deer Lake area south of Highway 1 and north of Edmonds and Gilley (FSA: V5E), average prices were $497,960 in April, an increase of 19.42% from March.
7. Vancouver: In the Kitsilano-Shaughnessy area, bounded by 33rd Avenue between Arbutus and Granville (FSA: V6J), average prices were $706,128 in April, an increase of 15.79% from March.
8. Abbotsford: South Abbotsford, (FSA: V2T), average prices were $285,601 in April, an increase of 11.61% from March.
9. Mission: In east Mission (FSA: V2V), average prices were $346,778 in April, an increase of 9.91% from March.
10. Port Coquitlam: In the area north of the Lougheed Highway (FSA: V3B), average prices were $391,750 in April, an increase of 9.35% from March.