White Rock
White Rock is a Canadian city. It is a member of the Metro Vancouver Municipality Regional District. White Rock is surrounded by Surrey on the three sides. There is a Semiahmoo First Nation across the footbridge, to the southeast.
White Rock has wonderful weather. It is a very famous destination, particularly in Summers. It has many beautiful beaches, a pier, trendy restaurants and cafes, and an amazing coastline. While visiting the city you must go for a walk towards the waterfront. It is over 1540 high and is the longest pier present in Canada.
White Rock is one of the most affordable cities in Canada. Houses here are available at very affordable rates. Moreover, it has many outstanding schools & colleges. So, if you have any plans to settle in Canada, you should consider White Rock.
Average Housing Price in White Rock
According to recent real estate statistics, the average household price in the city is around $920158. The city has 154 active listings currently on the market. The average number of days to sell a house in White Rock are 18 days.
White Rock is the fourth fastest-growing city in Canada. It has the fourteenth highest turnover. Median house prices vary depending on the number of bedrooms & bathrooms of the house. Three bedroom apartment has a median price of $375,500. The Median Price of a 4-bedroom apartment is $400,000 and so on.
Houses are available in different ranges in the city. For example, a three-bedroom and 2 bathroom single-family residential apartment are available for sale at 1042 HABGOOD street, White Rock, British Columbia. This apartment costs only $1,799,000. Similarly, two-bedroom and two-bathroom apartments are also available at a cost of only $449,000 in the city. This apartment is available at 15130 ROPER AVENUE, White Rock, British Columbia.
Real Estate Market Outlook 2023 of White Rock
According to real estate market professionals, the housing prices are going to decelerate in the city up to 5 percent of the growth. Home prices are poised to increase up to 4.8 percent in the coming 12 months, said the Mortgage Banker Association. It is predicted by Fannie Mac that there will be an increase in the housing market up to 11.2 percent in this city and around 4.2 percent in 2023.
Another report on real estate statistics in White Rock concludes that despite the consensus has been forecast of the same hike in housing prices next year, it is also expected by the professionals that there will be a fall of 3 percent in the real estate prices in 2023 in a White Rock and around 1.8 percent in 2024.
The rents in White Rock are comparatively higher, so the average income worker prefers to buy his own house in White Rock. Houses here are very well constructed and are available with all basic amenities. You can enjoy a quality life with your family in White Rock in your own house.
