Vancouver #1 Fastest Growing Luxury Market In The World

Kristi Wong • March 21, 2016

According to the Prime Residential Index in Knight Frank’s 2016 Wealth Report, prices grew 25% in Vancouver’s luxury home market in 2015, beating out Sydney and Shanghai for the top spot. From the article: “The report notes low supply, high demand commanded by foreign investors, and a weak Canadian dollar have all contributed to the astronomical – even record-breaking – growth […] The post Vancouver #1 Fastest Growing Luxury Market In The World appeared first on Andy Schildhorn, PREC.

According to the Prime Residential Index in Knight Frank’s 2016  Wealth Report , prices grew 25% in Vancouver’s luxury home market in 2015, beating out Sydney and Shanghai for the top spot. From the article:

“The report notes low supply, high demand commanded by foreign investors, and a weak Canadian dollar have all contributed to the astronomical – even record-breaking – growth in prices of Vancouver’s luxury homes. Cities that are normally associated with wealth saw moderate or even low gains comparitively. New York’s luxury home market grew just 2.4%, while London’s grew just 1%. Berlin saw 9% growth thanks to an investment boom.”

🔑📊 Fraser Valley Real Estate: Prices Falling, Buyers Waiting📉

By Andy Schildhorn • February 3, 2026
🏡 Fraser Valley home prices back to pandemic-era levels under the weight of economic headwinds and sustained inventory 📉 SURREY, BC – Home prices in the Fraser Valley fell for the tenth consecutive month in January, pushing the Benchmark price below $900,000 for the first time since spring 2021. The Benchmark price for a typical home in the Fraser Valley dropped one per cent in January to $897,200, down 6.9 per cent year-over-year. The continued softening of prices wasn’t enough to get buyers off the sidelines, as the Fraser Valley Real Estate Board recorded 619 sales on its Multiple Listing Service® (MLS®) in January, a 33 per cent decrease from December, and 24 per cent below sales from the same month last year. New listings increased 128 per cent in January to 3,078, reflecting the typical seasonal patterns; however, activity remained 10 per cent below last year’s levels.

🤗 Sometimes we need to smile.

By Andy Schildhorn • February 2, 2026
Who needs a hammock? Check out LAPS for adoptables 😀   📣"Do what is right, not what is easy.” - Roy T. Bennett

🏡 Do Home Inspections Kill Deals?

By Andy Schildhorn • January 31, 2026
⏸️ Fraser Valley Market Paused | 2026 Outlook Looking for straight talk about real estate in Langley and the Fraser Valley? In this playlist, Realtor Andy Schildhorn shares honest, experience-backed insights into the housing market, the buying and selling process, and what’s really going on behind the scenes. Whether it’s market conditions, policy changes, or personal stories that affect buyers and sellers alike, Andy Talks Real Estate & More brings a local, no-fluff perspective that helps you make smarter decisions—without the jargon. 🎙️ Real estate insights with 30 years of experience 📍 Focused on Langley, Fort Langley, and Fraser Valley communities 💬 Includes conversations, quick tips, personal experiences & more Ready to make your next move with clarity and confidence? 📅 Book a call: https://rly.forsale/Chat-with-Andy 📞 778-835-8957 🌐 www.AndytheRealtor.com
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