The last twelve months have been turbulent for Canadian real estate.
Not only did the market witness big changes in borrowing rules, and interest rates, but it also saw record low sales numbers.
The changes in regulations also led to a shift in where Canadians were looking to buy, and what types of properties they were most interested in, but the shifts were not always predictable.
Real Estate Wire (REW) has released its real estate trend report outlining the most popular neighbourhoods in the Vancouver’s Lower Mainland and Kitsilano came out on top.
Kitsilano replaced the eclectic Mt. Pleasant West neighbourhood for the top searched neighbourhood in 2018.
The data includes the neighbourhoods where house prices showed the most explosive growth, the average price per square foot across the provinces, the average days homes were on the market and more.