Up, down, unchanged? Here’s how home values fared across B.C. in new assessments

Jan 2, 2025 | 2:54 PM

Here’s a look at how average residential property valuations changed in communities across B.C., in new data released by BC Assessment, based on the market situation on July 1, 2024.

LOWER MAINLAND

City of Vancouver -0.8 per cent

City of Burnaby +1.3 per cent

City of Coquitlam +0.9 per cent

City of New Westminster -0.3 per cent

City of North Vancouver -0.9 per cent

District of West Vancouver -0.8 per cent

District of Squamish +0.8 per cent

Resort Municipality of Whistler -0.8 per cent

City of Surrey -1.9 per cent

City of White Rock +1 per cent

City of Richmond +0.9 per cent

City of Delta +1 per cent

City of Abbotsford + 1 per cent

VANCOUVER ISLAND AND AREA

City of Victoria -2 per cent

District of Saanich -0.7 per cent

City of Langford -1.2 per cent

District of Sooke -0.6 per cent

Town of Sidney -1.3 per cent

Gulf Islands Rural -1.1 per cent

City of Duncan +1.8 per cent

City of Nanaimo 0 per cent

City of Parksville +1.6 per cent

District of Tofino -2.3 per cent

City of Port Alberni -0.6 per cent

City of Courtenay +0.9 per cent

City of Campbell River +0.3 per cent

District of Port Hardy +0.6 per cent

City of Powell River +1 per cent

SOUTHERN INTERIOR

City of Kelowna -2.9 per cent

City of West Kelowna -1.1 per cent

District of Lake Country -2.4 per cent

City of Penticton -2.9 per cent

Town of Osoyoos +1.6 per cent

City of Vernon -1.2 per cent

City of Salmon Arm +0.7 per cent

City of Kamloops +2.3 per cent

City of Merritt +1.9 per cent

City of Cranbrook +6.2 per cent

City of Grand Forks +1.8 per cent

City of Nelson +2.1 per cent

City of Revelstoke +2.7 per cent

City of Trail +5.8 per cent

NORTH

City of Dawson Creek +2.5 per cent

City of Fort St John +0.8 per cent

District of Kitimat -0.6 per cent

Northern Rockies Regional Municipality -0.2 per cent

City of Prince George +1.9 per cent

City of Prince Rupert -1 per cent

Queen Charlotte (Haida Gwaii) +4.3 per cent

City of Quesnel +1.7 per cent

City of Terrace +6.2 per cent

District of Tumbler Ridge +12.2 per cent

City of Williams Lake +7.5 per cent

This report by The Canadian Press was first published Jan. 2, 2025.

The Canadian Press

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