Where to buy a townhouse in Greater Vancouver in 2018

There's no denying that the property market in Greater Vancouver is competitive. To help you make smart property decisions, we've analyzed and ranked every neighbourhood to find the best and worst communities to buy a townhouse in the Greater Vancouver area

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Inventory levels are still low in Greater Vancouver

Vancouver’s real estate market is a good news or bad news story, depending on which side of the equation you sit on. This highly competitive market can leave even the most experienced home buyer or seller a little dazed and confused. Benchmark prices are up (by 11.5%) for all property types but so are the inventory levels. But increasing inventory is a good thing since overall supply is still well below long-term historical averages, according to Phil Moore, President of the Real Estate Board of Greater Vancouver (REBGV). This could explain why prices keep climbing in Greater Vancouver.

For first-time buyers, downsizers or investors, this can mean that finding a suitable townhouse in Greater Vancouver can be difficult. To help, you look for the latest market information and the current market trends. You’re in luck. By analyzing almost 400 neighbourhoods across the Greater Vancouver Area, we ranked each community and it competes in the townhouse property market. Each neighbourhood is measured based on relative value, potential future growth and buyer desirability. The result is a top 10 list of neighbourhoods across the Lower Mainland to buy townhouse (and the worst 10 neighbourhoods to buy a townhouse in the Greater Vancouver Area). 

10 Best Neighbourhoods to Buy a Townhouse in the Greater Vancouver Area in 2018

  1. Mary Hill, Port Coquitlam, Greater Vancouver – $589,077
  2. West End VW, Vancouver, Greater Vancouver – $1,427,833
  3. Murrayville, Langley, Fraser Valley / Lower Mainland – $570,097
  4. Lower Lonsdale, North Vancouver, Greater Vancouver – $1,060,163
  5. Holly, Delta, Fraser Valley / Lower Mainland – $599,000
  6. Downtown VW, Vancouver, Greater Vancouver – $1,152,617
  7. Burnaby Hospital, Burnaby, Greater Vancouver – $791,429
  8. Bridgeview, Surrey, Fraser Valley / Lower Mainland – $434,284
  9. Fort Langley, Langley, Fraser Valley / Lower Mainland – $1,061,700
  10. Edgemont, North Vancouver, Greater Vancouver – $1,586,677

10 Worst Neighbourhoods to Buy a Townhouse in Greater Vancouver in 2018

  1. Brennan Center, Squamish, Greater Vancouver – $747,043
  2. Cliff Drive, Tsawwassen, Greater Vancouver – $648,234
  3. Clayton, Surrey, Fraser Valley – $522,289
  4. Tsawwassen Central, Tsawwassen, Greater Vancouver – $617,000
  5. West Newton, Surrey, Fraser Valley – $490,518
  6. Fraserview VE, Vancouver, Greater Vancouver – $832,603
  7. Pacific Douglas, Surrey, Fraser Valley – $653,818
  8. Sunnyside Park, Surrey, Fraser Valley – $747,091
  9. Sullivan Station, Surrey, Fraser Valley – $552,905
  10. Morgan Creek, Surrey, Fraser Valley – $739,914

Additional reports

Romana King
Romana King

Romana is an award-winning personal finance writer with an expertise in real estate. She is obsessed with the property marketplace and is the current Director of Content at Zolo.