Historical House Prices in Grandview

At the most recent GHG meeting, I presented some preliminary research on house prices in Grandview from 1918 to 1946.

Select graph for a better view.

The data is drawn from real estate ads in the “Vancouver Daily World“, “Province” and “Sun” newspapers.  The data was filtered to include only those ads that (1) related to property in Grandview; (2) were for a house (rather than an apartment building or business); and (3) listed a price.

The high point for average prices between the wars was in 1923, and the nadir was in 1935.  The average price in 1935 was 60% lower than in 1923.

The Great Depression, from 1929/30 had an obvious effect on prices.  However, the graph shows that the decline in prices began almost a decade earlier. Similarly, the effects of the second world war (an increase in Vancouver’s population for war work, the inclusion of more women in the paid work force, and emergency tenancy regulations) greatly stimulated house prices. However, here, too, we see that the increase had started to begin before the war.

Research continues.

Next Meeting: 20th June 2019

The next monthly meeting of the Grandview Heritage Group is this coming Thursday, 20th June, at 7:00pm.  As usual, we will meet in the Britannia Board Room on Napier.

The proposed agenda for the meeting includes:

  • Introductions
  • An early land transaction and its place in Commercial Drive history
  • Historical property values
  • Summer meetings
  • Car-free day: What do we want to do present this year?
  • A search for a “Tribute to Mining” mosaic – Greg Snider
  • Around the neighbourhood  – Eric

We are always happy to add any other topics that may be of interest.

Hope to see you all on Thursday!

The Future of Mount Pleasant Heritage

If any of our readers are planning on going to Main Street tomorrow (June 16th) for the Car Free Day event, we would urge them to look out for the Mount Pleasant Heritage Group (MPHG) Heritage Lounge which will  be in front of Heritage Hall from noon to 7:00pm.

MPHG have a lot of interesting things to say about how that neighbourhood should recognize and integrate its heritage and history into the ongoing City Plan process.  Stop by and take a look.