Zillow Home Value Forecasts Zillow Help Center
Home prices refer to the cost of purchasing a house or condominium, as well as any associated land. Communities in eastern Contra Costa County and Solano County remain the least expensive options for homebuyers in the region given high prices in San Francisco and Silicon Valley. The provincial Crown corporation estimates values on behalf of B.C. municipalities, which use the data to determine how much homeowners will pay in property taxes. With each year’s appraised values reflecting sales that generally occurred the year before, appraisals are a lagging economic indicator, experts say.
Assessed values in the City of Vancouver have risen 30.6 per cent on average for all types of housing. There’s clearly a sense of some recovery happening in terms of real estate values and investment,” said Reginald Scott, executive director of the Housing Partnership (formerly the Lemay Housing Partnership), a nonprofit group focused on stabilizing and developing the …