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Detached home prices in 20 Metro Vancouver neighbourhoods have plunged in year-over-year benchmark values, according to a recent evaluation of the market.

The report by real-estate brokerage and website Zoocasa also shows that condo values dropped in January 2019 benchmark prices in 10 markets in the region.

Only Bowen Island recorded gains in January 2019 benchmark prices for detached homes.

The West Side of Vancouver suffered the heaviest losses with a drop of 14.1 percent, with homes taking a $500,591 hit.

ZOOCASA

For condos, apartment prices in West Vancouver sustained the deepest cut of six percent, with benchmark prices sliding by $70,744.