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News Release
FOR IMMEDIATE RELEASE

Stability and regional ‘hot spots’ characterize
January housing market
VANCOUVER, B.C. – February 2, 2011 – The Greater Vancouver housing market remained in balanced market conditions
in January, although higher levels of buyer demand were seen in some of the region’s largest communities.
  The number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) last month outpaced the
10-year average in both categories for January.
  “There was a healthy balance between the number of home buyers and sellers in our market in January, but there’s always
variation in activity from region to region,” said Jake Moldowan, president of the Real Estate Board of Greater Vancouver
(REBGV). "We’re seeing strong sellers’ market conditions in areas like Richmond and the west side of Vancouver.”
  Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price of detached homes increased 22.6 per
cent in Richmond and 12.2 per cent in Vancouver West. In comparison, detached home prices across the region increased 2.7
per cent over the same period.
  “When you’re looking to buy or sell a home, it’s important to familiarize yourself with the wider trends in the market. It’s
equally important to seek out knowledge of your local area so you understand current market conditions in your neighbour-
hood,” Moldowan said
  Looking across the region, the REBGV reports that residential property sales in Greater Vancouver reached 1,819 on the
MLS® in January 2011. This represents a 4.2 per cent decline compared to the 1,899 sales recorded in December 2010, a
decrease of 5.4 per cent compared to the 1,923 sales in January 2010 and a 138.7 per cent increase from the 762 home sales in
January 2009.
  From a historical perspective, January’s 1,819 homes sales slightly surpassed the 1,790 home sale average recorded in the
region over the last ten years.
  New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,801 in January 2011. This
represents a 6.7 per cent decrease compared to January 2010 when 5,147 properties were listed, and a 182 per cent increase
compared to December 2010 when 1,699 homes were added to the MLS® in Greater Vancouver.
  At 10,438, the total number of residential property listings on the MLS® increased 5.8 per cent in January compared to last
month and increased 2.2 per cent from this time last year.
  Sales of detached properties on the MLS® in January 2011 reached 793, an increase of 12.5 per cent from the 705 detached
sales recorded in January 2010, and a 171.6 per cent increase from the 292 units sold in January 2009. The benchmark price
for detached properties increased 2.7 per cent from January 2010 to $810,045.
  Sales of apartment properties reached 713 in January 2011, a decline of 20.8 per cent compared to the 891 sales in Janu-
ary 2010, and an increase of 97.5 per cent compared to the 361 sales in January 2009.The benchmark price of an apartment
property increased 1.4 per cent from January 2010 to $390,935.
  Attached property sales in January 2011 totalled 313, a decline of 4.3 per cent compared to the 327 sales in January 2010,
and a 187.2 per cent increase from the 109 attached properties sold in January 2009. The benchmark price of an attached unit
increased 2.6 per cent between January 2010 and 2011 to $495,140.

                                                                           -30-

    The real estate industry is a key economic driver in British Columbia. In 2010, 30,595 homes changed ownership in the Board's area, generating
    $1.28 billion in spin-off activity and 8,567 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancou-
    ver totalled $21 billion in 2010. The Real Estate Board of Greater Vancouver is an association representing more than 10,000 REALTORS® and
    their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate,
    statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org.



For more information please contact:
Craig Munn, Assistant Manager, Communications
Real Estate Board of Greater Vancouver
Phone: (604) 730-3146 Fax: (604) 730-3102
E-mail: cmunn@rebgv.org                                                                             also available at  www.realtylink.org
Preliminary Report                                                     MLSLINK HOUSING PRICE INDEX
                                                                                               January 2011
 PROPERTY                                                                    BENCHMARK PRICE 3 MONTH AVG PRICE 1 YEAR   3 YEAR 5 YEAR
   TYPE                                      AREA                               PRICE    RANGE BENCHMARK INDEX CHANGE CHANGE CHANGE
                                                                                          (+/-)   PRICE             %      %      %
Residential              Greater Vancouver                                     $585,068   0.7%   $580,985  247.11  2.1    6.6    37.4
Detached                 Greater Vancouver                                     $810,045   1.3%   $802,408  239.2   2.7    9.1    38.7
                         Burnaby                                               $812,874   2.5%   $805,374  239.3   6.0    10.4   38.0
                         Coquitlam                                             $680,383   5.7%   $675,088  239.3   -1.5   3.2    31.0
                         South Delta                                           $655,818   5.8%   $638,076  214.3   -0.8   1.0    25.0
                         Maple Ridge                                           $438,983   3.3%   $436,095  200.3   -4.3   -4.1   20.0
                         New Westminster                                       $567,582   7.3%   $589,856  233.9   -5.4   5.1    16.9
                         North Vancouver                                       $877,180   3.3%   $875,910  219.1   -3.3   -2.9   22.1
                         Pitt Meadows                                          $485,528   6.9%   $504,187  199.3   -2.5   6.7    26.1
                         Port Coquitlam                                        $507,426   6.0%   $542,285  214.5   -9.6   -7.8   22.3
                         Port Moody                                            $643,628   9.7%   $686,494  193.5  -18.1   1.5    20.1
                         Richmond                                             $1,037,689  1.8%   $975,124  306.4  22.6    43.9   80.3
                         Squamish                                              $568,619   13.0%  $514,162  216.0  20.3    0.1    39.9
                         Sunshine Coast                                        $381,183   9.5%   $390,930  216.9   -8.1   -9.7   6.0
                         Vancouver East                                        $749,886   2.4%   $745,063  254.0   2.7    12.7   41.7
                         Vancouver West                                       $1,765,927  2.5%  $1,704,876 293.0  12.2    25.6   76.9
                         West Vancouver                                       $1,397,025  5.0%  $1,425,145 205.8   -1.2   -6.2   23.9
Attached                 Greater Vancouver                                     $495,140   1.0%   $491,580  240.2   2.6    7.0    38.9
                         Burnaby                                               $483,922   1.8%   $489,759  242.4   4.0    7.6    36.2
                         Coquitlam                                             $441,854   2.5%   $423,173  238.3   0.7    4.9    32.5
                         South Delta                                           $464,108   9.5%   $473,017  248.5  -10.2   2.0    41.7
                         Maple Ridge & Pitt Meadows                            $309,664   2.7%   $304,735  214.8   1.1    -1.8   28.1
                         North Vancouver                                       $592,640   3.1%   $589,708  231.9   1.1    0.2    27.9
                         Port Coquitlam                                        $411,135   2.8%   $397,066  226.1   4.4    4.9    28.3
                         Port Moody                                            $410,935   4.0%   $409,143  245.2   6.6    3.1    34.0
                         Richmond                                              $532,379   1.6%   $525,502  256.7   6.6    17.7   52.7
                         Vancouver East                                        $548,612   4.0%   $534,470  256.5   8.4    13.1   56.1
                         Vancouver West                                        $725,171   3.7%   $748,748  258.8   -4.3   3.8    39.5
Apartment                Greater Vancouver                                     $390,935   0.7%   $389,073  254.3   1.4    3.3    35.6
                         Burnaby                                               $355,927   1.4%   $353,713  266.0   1.8    5.0    40.4
                         Coquitlam                                             $299,062   2.5%   $292,827  255.0   0.8    2.4    35.0
                         South Delta                                           $343,931   7.6%   $348,137  224.0   -8.6   1.9    24.2
                         Maple Ridge & Pitt Meadows                            $223,330   4.8%   $230,336  237.2   -7.2  -10.8   15.9
                         New Westminster                                       $297,382   2.4%   $296,475  241.6   5.4    3.2    42.2
                         North Vancouver                                       $379,620   3.2%   $377,737  241.5   -0.9   -0.2   27.5
                         Port Coquitlam                                        $253,224   3.0%   $250,553  296.6   0.0    -0.3   33.0
                         Port Moody                                            $298,472   4.1%   $296,329  254.7   -0.7   4.3    21.0
                         Richmond                                              $346,037   1.4%   $344,322  281.2   5.9    12.5   47.8
                         Vancouver East                                        $328,913   2.4%   $325,134  269.3   -2.5   3.7    37.4
                         Vancouver West                                        $502,227   1.3%   $500,498  255.5   2.5    2.5    33.9
                         West Vancouver                                        $606,425   10.9%  $615,398  217.6   -5.0   -3.4   26.6

HOW TO READ THE TABLE:
BENCHMARK PRICE: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market.
PRICE RANGE: Expresed as a + or - percentage of the benchmark price, there is a 90% probability the sale price of a benchmark house is within the interval.
PRICE INDEX: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales.
In Year 2001, the indexes are averaged to 100
Key: * = Sales sample too small; Price information not reported.
Jan 2011
                                                                                                                                                                Sep 2010
                                                                                                                                                                May 2010
                                                                                                                                                                Jan 2010
                                                                                                                                                                Sep 2009
                                                                                                                                                                May 2009
                                                                                                                                                                Jan 2009
Price Index - Greater Vancouver




                                                                                                                                                                Sep 2008
                                                                                                                                                                May 2008
                                                                                                                                                                Jan 2008
                                                         Apartment




                                                                                                                                                                Sep 2007
                                                                                                                                                                May 2007
                                                                                                                                                                Jan 2007
                                                                                                                                                                Sep 2006
 10 Year Trend




                                                                                                                                                                May 2006
                                                         Attached




                                                                                                                                                                Jan 2006
                                                                                                                                                                Sep 2005
                                                                                                                                                                May 2005
                                                                                                                                                                Jan 2005
                                                         Detached




                                                                                                                                                                Sep 2004
C:DATAMonthEndHpiexporthi_resgv-hpi2.tif Housing




                                                                                                                                                                May 2004
                                                                                                                                                                Jan 2004
                                                                                                                                                                Sep 2003
                                 MLS®




                                                                                                                                                                May 2003
                                                                                                                                                                Jan 2003
                                                                                                                                                                Sep 2002
                                                                                                                                                                May 2002
                                                                     Year 2001 average = 100




                                                                                                                                                                Jan 2002
                                                                                                                                                                Sep 2001
                                                                                                                                                                May 2001
                                                                                                                                                                Jan 2001
                                                                                                                                                           80
                                                                                               280

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                                                                                                                       Price Index
1               18      2011                                                                                          MLS® SALES Facts
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                                                                    Delta -
                                                                                    Islands
                            Detached       76         65             30               2                 66                        12                  46                  22                   7                      162          5            16                 99                 134                   46                      5                  793
                  Number
                    of      Attached       40         38              3               0                 26                         7                  22                  17                  15                       74          2            2                  19                  36                    5                      7                  313
   January         Sales    Apartment     111         39              4               0                 10                        45                  34                  13                  13                      124          2            3                  74                 226                    8                      7                  713
    2011                    Detached    $796,500   $684,000       $588,000          n/a              $457,943                     n/a              $897,500            $503,933               n/a               $1,021,500        n/a           n/a             $750,000           $2,030,000           $1,405,000                n/a
                  Median
                  Selling   Attached    $510,000   $494,900          n/a            n/a              $298,819                     n/a              $540,000               n/a                 n/a                   $517,500      n/a           n/a                n/a             $821,000                 n/a                   n/a                  n/a
                   Price    Apartment   $362,500   $278,000          n/a            n/a                 n/a                  $315,000              $349,000               n/a                 n/a                   $341,500      n/a           n/a             $332,500           $478,800                 n/a                   n/a
                            Detached       74         61             24               0                 64                        25                  49                  29                  17                      130         11            32                 85                 116                   50                      2                  769
                  Number
                    of      Attached       49         31              2               0                 29                         0                  14                  26                  14                       72          2            4                  14                  46                    2                     14                  319
  December         Sales    Apartment     110         48              7               0                 20                        61                  46                  14                  14                      136          4            1                  59                 269                   12                     10                  811
    2010                    Detached    $789,750   $670,000       $620,000          n/a              $444,875                $635,000              $823,000            $472,000               n/a                   $940,000      n/a        $408,250           $745,000           $1,850,000           $1,575,000                n/a
                  Median
                  Selling   Attached    $457,500   $350,500          n/a            n/a              $290,000                     n/a                 n/a              $355,500               n/a                   $528,500      n/a           n/a                n/a             $795,900                 n/a                   n/a                  n/a
                   Price    Apartment   $348,000   $277,500          n/a            n/a              $219,500                $316,000              $378,500               n/a                 n/a                   $338,400      n/a           n/a             $342,000           $457,943                 n/a                   n/a
                            Detached       68         66             16               1                 72                        10                  40                  25                  13                      113          9            27                112                 102                   26                      5                  705
                  Number
                    of      Attached       56         26              1               0                 25                        10                  25                   7                  11                       72          6            2                  36                  30                    7                     13                  327
   January         Sales    Apartment     112         53              7               0                 18                        47                  55                  19                  22                      142         10            2                  90                 298                    9                      7                  891
    2010                    Detached    $812,000   $649,750          n/a            n/a              $474,900                     n/a              $885,000            $513,000               n/a                   $849,000      n/a        $459,900           $695,000           $1,753,438           $1,298,000                n/a
                  Median
                  Selling   Attached    $459,000   $484,063          n/a            n/a              $314,000                     n/a              $639,900               n/a                 n/a                   $448,000      n/a           n/a             $539,000           $810,000                 n/a                   n/a                  n/a
                   Price    Apartment   $340,000   $270,000          n/a            n/a                 n/a                  $293,000              $409,000               n/a              $327,500                 $322,000      n/a           n/a             $327,200           $453,000                 n/a                   n/a
                            Detached       76         65             30               2                 66                        12                  46                  22                   7                      162          5            16                 99                 134                   46                      5                  793
                  Number
                    of      Attached       40         38              3               0                 26                         7                  22                  17                  15                       74          2            2                  19                  36                    5                      7                  313
    Jan. -         Sales    Apartment     111         39              4               0                 10                        45                  34                  13                  13                      124          2            3                  74                 226                    8                      7                  713
  Jan. 2011                 Detached    $796,500   $684,000       $588,000          n/a              $457,943                     n/a              $897,500            $503,933               n/a               $1,021,500        n/a           n/a             $750,000           $2,030,000           $1,405,000                n/a
                  Median
                  Selling   Attached    $510,000   $494,900          n/a            n/a              $298,819                     n/a              $540,000               n/a                 n/a                   $517,500      n/a           n/a                n/a             $821,000                 n/a                   n/a                  n/a
Year-to-date       Price    Apartment   $362,500   $278,000          n/a            n/a                 n/a                  $315,000              $349,000               n/a                 n/a                   $341,500      n/a           n/a             $332,500           $478,800                 n/a                   n/a
                            Detached       68         66             16               1                 72                        10                  40                  25                  13                      113          9            27                112                 102                   26                      5                  705
                  Number
                    of      Attached       56         26              1               0                 25                        10                  25                   7                  11                       72          6            2                  36                  30                    7                     13                  327
    Jan. -         Sales    Apartment     112         53              7               0                 18                        47                  55                  19                  22                      142         10            2                  90                 298                    9                      7                  891
  Jan. 2010                 Detached    $812,000   $649,750          n/a            n/a              $474,900                     n/a              $885,000            $513,000               n/a                   $849,000      n/a        $459,900           $695,000           $1,753,438           $1,298,000                n/a
                  Median
                  Selling   Attached    $459,000   $484,063          n/a            n/a              $314,000                     n/a              $639,900               n/a                 n/a                   $448,000      n/a           n/a             $539,000           $810,000                 n/a                   n/a                  n/a
 Year-to-date      Price    Apartment   $340,000   $270,000          n/a            n/a                 n/a                  $293,000              $409,000               n/a              $327,500                 $322,000      n/a           n/a             $327,200           $453,000                 n/a                   n/a


Note: Median Selling Prices are not reported for areas with less than 20 sales or for the Gulf Islands
1                18       2011                                                                    MLS® LISTINGS Facts
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                                                                Delta -
                                                                                Islands
                              Detached    124      161           74              10              189                         45              138                58                35                    325          43         84              198              297               130                     12                  1,923
                  Number
                     of       Attached    116       72           14               0               64                         17               49                33                25                    135          10         13               57              124                15                     32                  776
   January        Listings    Apartment   256      122           16               2               75                        164              132                67                68                    248          27         5               173              684                28                     35                  2,102
    2011                      Detached    61%      40%          41%             20%              35%                        27%              33%               38%               20%                    50%         12%        19%              50%              45%               35%                    42%
                 % Sales to
                              Attached    34%      53%          21%             n/a              41%                        41%              45%               52%               60%                    55%         20%        15%              33%              29%               33%                    22%                   n/a
                  Listings
                              Apartment   43%      32%          25%             0%               13%                        27%              26%               19%               19%                    50%         7%         60%              43%              33%               29%                    20%
                              Detached     46       71           26               6               70                         14               22                22                 6                    111          11         38               75               81                35                     17                  651
                  Number
                     of       Attached     33       28            2               1               21                         6                14                22                 9                     39          10         6                12               35                 2                     35                  275
  December        Listings    Apartment   101       44            5               0               17                         72               56                16                20                    135          4          1                53              214                 4                     31                  773
    2010                      Detached    161%     86%          92%             0%               91%                        179%             223%              132%              283%                   117%        100%       84%              113%             143%              143%                   12%
                 % Sales to
                              Attached    148%     111%         100%            0%               138%                       0%               100%              118%              156%                   185%        20%        67%              117%             131%              100%                   40%                   n/a
                  Listings
                              Apartment   109%     109%         140%            n/a              118%                       85%              82%               88%               70%                    101%        100%       100%             111%             126%              300%                   32%
                              Detached    174      158           63              13              199                         40              125                69                45                    238          38        115              250              244               142                     29                  1,942
                  Number
                     of       Attached    108       51            8               0               56                         12               46                30                18                    127          22         22               62              112                12                     41                  727
   January        Listings    Apartment   277      128           24               2              115                        169              177                75                72                    291          15         22              213              815                48                     35                  2,478
    2010                      Detached    39%      42%          25%             8%               36%                        25%              32%               36%               29%                    47%         24%        23%              45%              42%               18%                    17%
                 % Sales to
                              Attached    52%      51%          13%             n/a              45%                        83%              54%               23%               61%                    57%         27%        9%               58%              27%               58%                    32%                   n/a
                  Listings
                              Apartment   40%      41%          29%             0%               16%                        28%              31%               25%               31%                    49%         67%        9%               42%              37%               19%                    20%
                              Detached    124      161           74              10              189                         45              138                58                35                    325          43         84              198              297               130                     12                  1,923
                  Number
                     of       Attached    116       72           14               0               64                         17               49                33                25                    135          10         13               57              124                15                     32                  776
    Jan. -        Listings    Apartment   256      122           16               2               75                        164              132                67                68                    248          27         5               173              684                28                     35                  2,102
  Jan. 2011                   Detached    61%      40%          41%             20%              35%                        27%              33%               38%               20%                    50%         12%        19%              50%              45%               35%                    42%
                 % Sales to
                              Attached    34%      53%          21%             n/a              41%                        41%              45%               52%               60%                    55%         20%        15%              33%              29%               33%                    22%                   n/a
                  Listings
 Year-to-date*                Apartment   43%      32%          25%             0%               13%                        27%              26%               19%               19%                    50%         7%         60%              43%              33%               29%                    20%
                              Detached    174      158           63              13              199                         40              125                69                45                    238          38        115              250              244               142                     29                  1,942
                  Number
                     of       Attached    108       51            8               0               56                         12               46                30                18                    127          22         22               62              112                12                     41                  727
    Jan. -        Listings    Apartment   277      128           24               2              115                        169              177                75                72                    291          15         22              213              815                48                     35                  2,478
  Jan. 2010                   Detached    39%      42%          25%             8%               36%                        25%              32%               36%               29%                    47%         24%        23%              45%              42%               18%                    17%
                 % Sales to
                              Attached    52%      51%          13%             n/a              45%                        83%              54%               23%               61%                    57%         27%        9%               58%              27%               58%                    32%                   n/a
                  Listings
 Year-to-date*                Apartment   40%      41%          29%             0%               16%                        28%              31%               25%               31%                    49%         67%        9%               42%              37%               19%                    20%


* Year-to-date listings represent a cumulative total of listings rather than total active listings.
Listing & Sales Activity Summary

                                        Listings                                           Sales
                              1         2       3        Col. 2 & 3     5      6      7     Col. 6 & 7       9           10        Col. 9 & 10
                             Jan      Dec      Jan      Percentage     Jan   Dec     Jan   Percentage    Nov 2009 -   Nov 2010 -   Percentage
                            2010      2010    2011       Variance     2010   2010   2011    Variance     Jan 2010     Jan 2011      Variance


BURNABY                                                      %                                  %                                       %
DETACHED                     174        46     124         169.6        68     74     76        2.7          269          243          -9.7
ATTACHED                     108        33     116         251.5        56     49     40      -18.4          233          149         -36.1
APARTMENTS                   277       101     256         153.5       112    110    111        0.9          467          361         -22.7

COQUITLAM
DETACHED                     158        71     161         126.8        66     61     65        6.6          268          209         -22.0
ATTACHED                      51        28      72         157.1        26     31     38       22.6          113          103          -8.8
APARTMENTS                   128        44     122         177.3        53     48     39      -18.8          168          140         -16.7

DELTA
DETACHED                      63        26         74      184.6        16     24     30       25.0           87           94           8.0
ATTACHED                       8         2         14      600.0         1      2      3       50.0           15            9         -40.0
APARTMENTS                    24         5         16      220.0         7      7      4      -42.9           38           31         -18.4

MAPLE RIDGE/PITT MEADOWS
DETACHED                     199        70     189         170.0        72     64     66        3.1          259          213         -17.8
ATTACHED                      56        21      64         204.8        25     29     26      -10.3          124           88         -29.0
APARTMENTS                   115        17      75         341.2        18     20     10      -50.0           58           46         -20.7

NORTH VANCOUVER
DETACHED                     125        22     138         527.3        40     49     46       -6.1          198          178         -10.1
ATTACHED                      46        14      49         250.0        25     14     22       57.1           80           58         -27.5
APARTMENTS                   177        56     132         135.7        55     46     34      -26.1          230          152         -33.9

NEW WESTMINSTER
DETACHED                      40        14      45         221.4        10     25     12      -52.0           64           71          10.9
ATTACHED                      12         6      17         183.3        10      0      7      700.0           32           12         -62.5
APARTMENTS                   169        72     164         127.8        47     61     45      -26.2          201          174         -13.4

PORT MOODY/BELCARRA
DETACHED                      45         6         35      483.3        13     17      7      -58.8           50           41         -18.0
ATTACHED                      18         9         25      177.8        11     14     15        7.1           42           42           0.0
APARTMENTS                    72        20         68      240.0        22     14     13       -7.1           80           57         -28.8

PORT COQUITLAM
DETACHED                      69        22         58      163.6        25     29     22      -24.1          106           85         -19.8
ATTACHED                      30        22         33       50.0         7     26     17      -34.6           41           65          58.5
APARTMENTS                    75        16         67      318.8        19     14     13       -7.1           90           51         -43.3

RICHMOND
DETACHED                     238       111     325         192.8       113    130    162       24.6          385          452          17.4
ATTACHED                     127        39     135         246.2        72     72     74        2.8          282          227         -19.5
APARTMENTS                   291       135     248          83.7       142    136    124       -8.8          483          410         -15.1

SUNSHINE COAST
DETACHED                     115        38         84      121.1        27     32     16      -50.0           94           82         -12.8
ATTACHED                      22         6         13      116.7         2      4      2      -50.0           10           12          20.0
APARTMENTS                    22         1          5      400.0         2      1      3      200.0           11            7         -36.4

SQUAMISH
DETACHED                      38        11         43      290.9         9     11      5      -54.5           43           31         -27.9
ATTACHED                      22        10         10        0.0         6      2      2        0.0           23            9         -60.9
APARTMENTS                    15         4         27      575.0        10      4      2      -50.0           23           13         -43.5

VANCOUVER EAST
DETACHED                     250        75     198         164.0       112     85     99       16.5          401          317         -20.9
ATTACHED                      62        12      57         375.0        36     14     19       35.7          103           72         -30.1
APARTMENTS                   213        53     173         226.4        90     59     74       25.4          351          225         -35.9

VANCOUVER WEST
DETACHED                     244        81     297         266.7       102    116    134       15.5         376           411           9.3
ATTACHED                     112        35     124         254.3        30     46     36      -21.7         156           138         -11.5
APARTMENTS                   815       214     684         219.6       298    269    226      -16.0        1178           847         -28.1

WHISTLER
DETACHED                      29        17         12      -29.4         5      2      5      150.0           16           14         -12.5
ATTACHED                      41        35         32       -8.6        13     14      7      -50.0           42           37         -11.9
APARTMENTS                    35        31         35       12.9         7     10      7      -30.0           29           25         -13.8

WEST VANCOUVER/HOWE SOUND
DETACHED                     142        35     130         271.4        26     50     46       -8.0          146          165          13.0
ATTACHED                      12         2      15         650.0         7      2      5      150.0           13           18          38.5
APARTMENTS                    48         4      28         600.0         9     12      8      -33.3           34           37           8.8

GRAND TOTALS
DETACHED                    1929      645    1913        196.6        704    769    791       2.9        2762         2606           -5.6
ATTACHED                     727      274     776        183.2        327    319    313      -1.9        1309         1039          -20.6
APARTMENTS                  2476      773    2100        171.7        891    811    713     -12.1        3441         2576          -25.1
Residential Average Sale Prices - January 1977 to January 2011

                                                DETACHED                 CONDOMINIUM                  ATTACHED                 APARTMENTS
  IN THOUSANDS ($)

1400

                                                                                                                                                                          $1,144,537



1200




1000




 800
                                                                                                                                                                            $552,550



 600




 400                                                                                                                                                                        $441,491




 200




   0
       1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011


       NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.

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Vancouver real estate rebgv stats package january 2011

  • 1. News Release FOR IMMEDIATE RELEASE Stability and regional ‘hot spots’ characterize January housing market VANCOUVER, B.C. – February 2, 2011 – The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the region’s largest communities. The number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) last month outpaced the 10-year average in both categories for January. “There was a healthy balance between the number of home buyers and sellers in our market in January, but there’s always variation in activity from region to region,” said Jake Moldowan, president of the Real Estate Board of Greater Vancouver (REBGV). "We’re seeing strong sellers’ market conditions in areas like Richmond and the west side of Vancouver.” Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price of detached homes increased 22.6 per cent in Richmond and 12.2 per cent in Vancouver West. In comparison, detached home prices across the region increased 2.7 per cent over the same period. “When you’re looking to buy or sell a home, it’s important to familiarize yourself with the wider trends in the market. It’s equally important to seek out knowledge of your local area so you understand current market conditions in your neighbour- hood,” Moldowan said Looking across the region, the REBGV reports that residential property sales in Greater Vancouver reached 1,819 on the MLS® in January 2011. This represents a 4.2 per cent decline compared to the 1,899 sales recorded in December 2010, a decrease of 5.4 per cent compared to the 1,923 sales in January 2010 and a 138.7 per cent increase from the 762 home sales in January 2009. From a historical perspective, January’s 1,819 homes sales slightly surpassed the 1,790 home sale average recorded in the region over the last ten years. New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,801 in January 2011. This represents a 6.7 per cent decrease compared to January 2010 when 5,147 properties were listed, and a 182 per cent increase compared to December 2010 when 1,699 homes were added to the MLS® in Greater Vancouver. At 10,438, the total number of residential property listings on the MLS® increased 5.8 per cent in January compared to last month and increased 2.2 per cent from this time last year. Sales of detached properties on the MLS® in January 2011 reached 793, an increase of 12.5 per cent from the 705 detached sales recorded in January 2010, and a 171.6 per cent increase from the 292 units sold in January 2009. The benchmark price for detached properties increased 2.7 per cent from January 2010 to $810,045. Sales of apartment properties reached 713 in January 2011, a decline of 20.8 per cent compared to the 891 sales in Janu- ary 2010, and an increase of 97.5 per cent compared to the 361 sales in January 2009.The benchmark price of an apartment property increased 1.4 per cent from January 2010 to $390,935. Attached property sales in January 2011 totalled 313, a decline of 4.3 per cent compared to the 327 sales in January 2010, and a 187.2 per cent increase from the 109 attached properties sold in January 2009. The benchmark price of an attached unit increased 2.6 per cent between January 2010 and 2011 to $495,140. -30- The real estate industry is a key economic driver in British Columbia. In 2010, 30,595 homes changed ownership in the Board's area, generating $1.28 billion in spin-off activity and 8,567 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancou- ver totalled $21 billion in 2010. The Real Estate Board of Greater Vancouver is an association representing more than 10,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org. For more information please contact: Craig Munn, Assistant Manager, Communications Real Estate Board of Greater Vancouver Phone: (604) 730-3146 Fax: (604) 730-3102 E-mail: cmunn@rebgv.org also available at  www.realtylink.org
  • 2. Preliminary Report MLSLINK HOUSING PRICE INDEX January 2011 PROPERTY BENCHMARK PRICE 3 MONTH AVG PRICE 1 YEAR 3 YEAR 5 YEAR TYPE AREA PRICE RANGE BENCHMARK INDEX CHANGE CHANGE CHANGE (+/-) PRICE % % % Residential Greater Vancouver $585,068 0.7% $580,985 247.11 2.1 6.6 37.4 Detached Greater Vancouver $810,045 1.3% $802,408 239.2 2.7 9.1 38.7 Burnaby $812,874 2.5% $805,374 239.3 6.0 10.4 38.0 Coquitlam $680,383 5.7% $675,088 239.3 -1.5 3.2 31.0 South Delta $655,818 5.8% $638,076 214.3 -0.8 1.0 25.0 Maple Ridge $438,983 3.3% $436,095 200.3 -4.3 -4.1 20.0 New Westminster $567,582 7.3% $589,856 233.9 -5.4 5.1 16.9 North Vancouver $877,180 3.3% $875,910 219.1 -3.3 -2.9 22.1 Pitt Meadows $485,528 6.9% $504,187 199.3 -2.5 6.7 26.1 Port Coquitlam $507,426 6.0% $542,285 214.5 -9.6 -7.8 22.3 Port Moody $643,628 9.7% $686,494 193.5 -18.1 1.5 20.1 Richmond $1,037,689 1.8% $975,124 306.4 22.6 43.9 80.3 Squamish $568,619 13.0% $514,162 216.0 20.3 0.1 39.9 Sunshine Coast $381,183 9.5% $390,930 216.9 -8.1 -9.7 6.0 Vancouver East $749,886 2.4% $745,063 254.0 2.7 12.7 41.7 Vancouver West $1,765,927 2.5% $1,704,876 293.0 12.2 25.6 76.9 West Vancouver $1,397,025 5.0% $1,425,145 205.8 -1.2 -6.2 23.9 Attached Greater Vancouver $495,140 1.0% $491,580 240.2 2.6 7.0 38.9 Burnaby $483,922 1.8% $489,759 242.4 4.0 7.6 36.2 Coquitlam $441,854 2.5% $423,173 238.3 0.7 4.9 32.5 South Delta $464,108 9.5% $473,017 248.5 -10.2 2.0 41.7 Maple Ridge & Pitt Meadows $309,664 2.7% $304,735 214.8 1.1 -1.8 28.1 North Vancouver $592,640 3.1% $589,708 231.9 1.1 0.2 27.9 Port Coquitlam $411,135 2.8% $397,066 226.1 4.4 4.9 28.3 Port Moody $410,935 4.0% $409,143 245.2 6.6 3.1 34.0 Richmond $532,379 1.6% $525,502 256.7 6.6 17.7 52.7 Vancouver East $548,612 4.0% $534,470 256.5 8.4 13.1 56.1 Vancouver West $725,171 3.7% $748,748 258.8 -4.3 3.8 39.5 Apartment Greater Vancouver $390,935 0.7% $389,073 254.3 1.4 3.3 35.6 Burnaby $355,927 1.4% $353,713 266.0 1.8 5.0 40.4 Coquitlam $299,062 2.5% $292,827 255.0 0.8 2.4 35.0 South Delta $343,931 7.6% $348,137 224.0 -8.6 1.9 24.2 Maple Ridge & Pitt Meadows $223,330 4.8% $230,336 237.2 -7.2 -10.8 15.9 New Westminster $297,382 2.4% $296,475 241.6 5.4 3.2 42.2 North Vancouver $379,620 3.2% $377,737 241.5 -0.9 -0.2 27.5 Port Coquitlam $253,224 3.0% $250,553 296.6 0.0 -0.3 33.0 Port Moody $298,472 4.1% $296,329 254.7 -0.7 4.3 21.0 Richmond $346,037 1.4% $344,322 281.2 5.9 12.5 47.8 Vancouver East $328,913 2.4% $325,134 269.3 -2.5 3.7 37.4 Vancouver West $502,227 1.3% $500,498 255.5 2.5 2.5 33.9 West Vancouver $606,425 10.9% $615,398 217.6 -5.0 -3.4 26.6 HOW TO READ THE TABLE: BENCHMARK PRICE: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market. PRICE RANGE: Expresed as a + or - percentage of the benchmark price, there is a 90% probability the sale price of a benchmark house is within the interval. PRICE INDEX: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. In Year 2001, the indexes are averaged to 100 Key: * = Sales sample too small; Price information not reported.
  • 3. Jan 2011 Sep 2010 May 2010 Jan 2010 Sep 2009 May 2009 Jan 2009 Price Index - Greater Vancouver Sep 2008 May 2008 Jan 2008 Apartment Sep 2007 May 2007 Jan 2007 Sep 2006 10 Year Trend May 2006 Attached Jan 2006 Sep 2005 May 2005 Jan 2005 Detached Sep 2004 C:DATAMonthEndHpiexporthi_resgv-hpi2.tif Housing May 2004 Jan 2004 Sep 2003 MLS® May 2003 Jan 2003 Sep 2002 May 2002 Year 2001 average = 100 Jan 2002 Sep 2001 May 2001 Jan 2001 80 280 260 240 220 200 180 160 140 120 100 Price Index
  • 4. 1 18 2011 MLS® SALES Facts Sound dows owe er itt Mea st elcarra est m ast ast berton uver ouver/H January y - Gulf ish estmin lam Ridge/P oody/B ond ine Co South oquitla uver E uver W Vanco er/Pem 2011 t Vanc Burnab Vanco Vanco Wes Coquit Maple New W North Port C Port M Richm Squam Sunsh Whistl Delta - Islands Detached 76 65 30 2 66 12 46 22 7 162 5 16 99 134 46 5 793 Number of Attached 40 38 3 0 26 7 22 17 15 74 2 2 19 36 5 7 313 January Sales Apartment 111 39 4 0 10 45 34 13 13 124 2 3 74 226 8 7 713 2011 Detached $796,500 $684,000 $588,000 n/a $457,943 n/a $897,500 $503,933 n/a $1,021,500 n/a n/a $750,000 $2,030,000 $1,405,000 n/a Median Selling Attached $510,000 $494,900 n/a n/a $298,819 n/a $540,000 n/a n/a $517,500 n/a n/a n/a $821,000 n/a n/a n/a Price Apartment $362,500 $278,000 n/a n/a n/a $315,000 $349,000 n/a n/a $341,500 n/a n/a $332,500 $478,800 n/a n/a Detached 74 61 24 0 64 25 49 29 17 130 11 32 85 116 50 2 769 Number of Attached 49 31 2 0 29 0 14 26 14 72 2 4 14 46 2 14 319 December Sales Apartment 110 48 7 0 20 61 46 14 14 136 4 1 59 269 12 10 811 2010 Detached $789,750 $670,000 $620,000 n/a $444,875 $635,000 $823,000 $472,000 n/a $940,000 n/a $408,250 $745,000 $1,850,000 $1,575,000 n/a Median Selling Attached $457,500 $350,500 n/a n/a $290,000 n/a n/a $355,500 n/a $528,500 n/a n/a n/a $795,900 n/a n/a n/a Price Apartment $348,000 $277,500 n/a n/a $219,500 $316,000 $378,500 n/a n/a $338,400 n/a n/a $342,000 $457,943 n/a n/a Detached 68 66 16 1 72 10 40 25 13 113 9 27 112 102 26 5 705 Number of Attached 56 26 1 0 25 10 25 7 11 72 6 2 36 30 7 13 327 January Sales Apartment 112 53 7 0 18 47 55 19 22 142 10 2 90 298 9 7 891 2010 Detached $812,000 $649,750 n/a n/a $474,900 n/a $885,000 $513,000 n/a $849,000 n/a $459,900 $695,000 $1,753,438 $1,298,000 n/a Median Selling Attached $459,000 $484,063 n/a n/a $314,000 n/a $639,900 n/a n/a $448,000 n/a n/a $539,000 $810,000 n/a n/a n/a Price Apartment $340,000 $270,000 n/a n/a n/a $293,000 $409,000 n/a $327,500 $322,000 n/a n/a $327,200 $453,000 n/a n/a Detached 76 65 30 2 66 12 46 22 7 162 5 16 99 134 46 5 793 Number of Attached 40 38 3 0 26 7 22 17 15 74 2 2 19 36 5 7 313 Jan. - Sales Apartment 111 39 4 0 10 45 34 13 13 124 2 3 74 226 8 7 713 Jan. 2011 Detached $796,500 $684,000 $588,000 n/a $457,943 n/a $897,500 $503,933 n/a $1,021,500 n/a n/a $750,000 $2,030,000 $1,405,000 n/a Median Selling Attached $510,000 $494,900 n/a n/a $298,819 n/a $540,000 n/a n/a $517,500 n/a n/a n/a $821,000 n/a n/a n/a Year-to-date Price Apartment $362,500 $278,000 n/a n/a n/a $315,000 $349,000 n/a n/a $341,500 n/a n/a $332,500 $478,800 n/a n/a Detached 68 66 16 1 72 10 40 25 13 113 9 27 112 102 26 5 705 Number of Attached 56 26 1 0 25 10 25 7 11 72 6 2 36 30 7 13 327 Jan. - Sales Apartment 112 53 7 0 18 47 55 19 22 142 10 2 90 298 9 7 891 Jan. 2010 Detached $812,000 $649,750 n/a n/a $474,900 n/a $885,000 $513,000 n/a $849,000 n/a $459,900 $695,000 $1,753,438 $1,298,000 n/a Median Selling Attached $459,000 $484,063 n/a n/a $314,000 n/a $639,900 n/a n/a $448,000 n/a n/a $539,000 $810,000 n/a n/a n/a Year-to-date Price Apartment $340,000 $270,000 n/a n/a n/a $293,000 $409,000 n/a $327,500 $322,000 n/a n/a $327,200 $453,000 n/a n/a Note: Median Selling Prices are not reported for areas with less than 20 sales or for the Gulf Islands
  • 5. 1 18 2011 MLS® LISTINGS Facts Sound dows owe er itt Mea st elcarra est m ast ast berton uver ouver/H January y - Gulf ish estmin lam Ridge/P oody/B ond ine Co South oquitla uver E uver W Vanco er/Pem 2011 t Vanc Burnab Vanco Vanco Wes Coquit Maple New W North Port C Port M Richm Squam Sunsh Whistl Delta - Islands Detached 124 161 74 10 189 45 138 58 35 325 43 84 198 297 130 12 1,923 Number of Attached 116 72 14 0 64 17 49 33 25 135 10 13 57 124 15 32 776 January Listings Apartment 256 122 16 2 75 164 132 67 68 248 27 5 173 684 28 35 2,102 2011 Detached 61% 40% 41% 20% 35% 27% 33% 38% 20% 50% 12% 19% 50% 45% 35% 42% % Sales to Attached 34% 53% 21% n/a 41% 41% 45% 52% 60% 55% 20% 15% 33% 29% 33% 22% n/a Listings Apartment 43% 32% 25% 0% 13% 27% 26% 19% 19% 50% 7% 60% 43% 33% 29% 20% Detached 46 71 26 6 70 14 22 22 6 111 11 38 75 81 35 17 651 Number of Attached 33 28 2 1 21 6 14 22 9 39 10 6 12 35 2 35 275 December Listings Apartment 101 44 5 0 17 72 56 16 20 135 4 1 53 214 4 31 773 2010 Detached 161% 86% 92% 0% 91% 179% 223% 132% 283% 117% 100% 84% 113% 143% 143% 12% % Sales to Attached 148% 111% 100% 0% 138% 0% 100% 118% 156% 185% 20% 67% 117% 131% 100% 40% n/a Listings Apartment 109% 109% 140% n/a 118% 85% 82% 88% 70% 101% 100% 100% 111% 126% 300% 32% Detached 174 158 63 13 199 40 125 69 45 238 38 115 250 244 142 29 1,942 Number of Attached 108 51 8 0 56 12 46 30 18 127 22 22 62 112 12 41 727 January Listings Apartment 277 128 24 2 115 169 177 75 72 291 15 22 213 815 48 35 2,478 2010 Detached 39% 42% 25% 8% 36% 25% 32% 36% 29% 47% 24% 23% 45% 42% 18% 17% % Sales to Attached 52% 51% 13% n/a 45% 83% 54% 23% 61% 57% 27% 9% 58% 27% 58% 32% n/a Listings Apartment 40% 41% 29% 0% 16% 28% 31% 25% 31% 49% 67% 9% 42% 37% 19% 20% Detached 124 161 74 10 189 45 138 58 35 325 43 84 198 297 130 12 1,923 Number of Attached 116 72 14 0 64 17 49 33 25 135 10 13 57 124 15 32 776 Jan. - Listings Apartment 256 122 16 2 75 164 132 67 68 248 27 5 173 684 28 35 2,102 Jan. 2011 Detached 61% 40% 41% 20% 35% 27% 33% 38% 20% 50% 12% 19% 50% 45% 35% 42% % Sales to Attached 34% 53% 21% n/a 41% 41% 45% 52% 60% 55% 20% 15% 33% 29% 33% 22% n/a Listings Year-to-date* Apartment 43% 32% 25% 0% 13% 27% 26% 19% 19% 50% 7% 60% 43% 33% 29% 20% Detached 174 158 63 13 199 40 125 69 45 238 38 115 250 244 142 29 1,942 Number of Attached 108 51 8 0 56 12 46 30 18 127 22 22 62 112 12 41 727 Jan. - Listings Apartment 277 128 24 2 115 169 177 75 72 291 15 22 213 815 48 35 2,478 Jan. 2010 Detached 39% 42% 25% 8% 36% 25% 32% 36% 29% 47% 24% 23% 45% 42% 18% 17% % Sales to Attached 52% 51% 13% n/a 45% 83% 54% 23% 61% 57% 27% 9% 58% 27% 58% 32% n/a Listings Year-to-date* Apartment 40% 41% 29% 0% 16% 28% 31% 25% 31% 49% 67% 9% 42% 37% 19% 20% * Year-to-date listings represent a cumulative total of listings rather than total active listings.
  • 6. Listing & Sales Activity Summary Listings Sales 1 2 3 Col. 2 & 3 5 6 7 Col. 6 & 7 9 10 Col. 9 & 10 Jan Dec Jan Percentage Jan Dec Jan Percentage Nov 2009 - Nov 2010 - Percentage 2010 2010 2011 Variance 2010 2010 2011 Variance Jan 2010 Jan 2011 Variance BURNABY % % % DETACHED 174 46 124 169.6 68 74 76 2.7 269 243 -9.7 ATTACHED 108 33 116 251.5 56 49 40 -18.4 233 149 -36.1 APARTMENTS 277 101 256 153.5 112 110 111 0.9 467 361 -22.7 COQUITLAM DETACHED 158 71 161 126.8 66 61 65 6.6 268 209 -22.0 ATTACHED 51 28 72 157.1 26 31 38 22.6 113 103 -8.8 APARTMENTS 128 44 122 177.3 53 48 39 -18.8 168 140 -16.7 DELTA DETACHED 63 26 74 184.6 16 24 30 25.0 87 94 8.0 ATTACHED 8 2 14 600.0 1 2 3 50.0 15 9 -40.0 APARTMENTS 24 5 16 220.0 7 7 4 -42.9 38 31 -18.4 MAPLE RIDGE/PITT MEADOWS DETACHED 199 70 189 170.0 72 64 66 3.1 259 213 -17.8 ATTACHED 56 21 64 204.8 25 29 26 -10.3 124 88 -29.0 APARTMENTS 115 17 75 341.2 18 20 10 -50.0 58 46 -20.7 NORTH VANCOUVER DETACHED 125 22 138 527.3 40 49 46 -6.1 198 178 -10.1 ATTACHED 46 14 49 250.0 25 14 22 57.1 80 58 -27.5 APARTMENTS 177 56 132 135.7 55 46 34 -26.1 230 152 -33.9 NEW WESTMINSTER DETACHED 40 14 45 221.4 10 25 12 -52.0 64 71 10.9 ATTACHED 12 6 17 183.3 10 0 7 700.0 32 12 -62.5 APARTMENTS 169 72 164 127.8 47 61 45 -26.2 201 174 -13.4 PORT MOODY/BELCARRA DETACHED 45 6 35 483.3 13 17 7 -58.8 50 41 -18.0 ATTACHED 18 9 25 177.8 11 14 15 7.1 42 42 0.0 APARTMENTS 72 20 68 240.0 22 14 13 -7.1 80 57 -28.8 PORT COQUITLAM DETACHED 69 22 58 163.6 25 29 22 -24.1 106 85 -19.8 ATTACHED 30 22 33 50.0 7 26 17 -34.6 41 65 58.5 APARTMENTS 75 16 67 318.8 19 14 13 -7.1 90 51 -43.3 RICHMOND DETACHED 238 111 325 192.8 113 130 162 24.6 385 452 17.4 ATTACHED 127 39 135 246.2 72 72 74 2.8 282 227 -19.5 APARTMENTS 291 135 248 83.7 142 136 124 -8.8 483 410 -15.1 SUNSHINE COAST DETACHED 115 38 84 121.1 27 32 16 -50.0 94 82 -12.8 ATTACHED 22 6 13 116.7 2 4 2 -50.0 10 12 20.0 APARTMENTS 22 1 5 400.0 2 1 3 200.0 11 7 -36.4 SQUAMISH DETACHED 38 11 43 290.9 9 11 5 -54.5 43 31 -27.9 ATTACHED 22 10 10 0.0 6 2 2 0.0 23 9 -60.9 APARTMENTS 15 4 27 575.0 10 4 2 -50.0 23 13 -43.5 VANCOUVER EAST DETACHED 250 75 198 164.0 112 85 99 16.5 401 317 -20.9 ATTACHED 62 12 57 375.0 36 14 19 35.7 103 72 -30.1 APARTMENTS 213 53 173 226.4 90 59 74 25.4 351 225 -35.9 VANCOUVER WEST DETACHED 244 81 297 266.7 102 116 134 15.5 376 411 9.3 ATTACHED 112 35 124 254.3 30 46 36 -21.7 156 138 -11.5 APARTMENTS 815 214 684 219.6 298 269 226 -16.0 1178 847 -28.1 WHISTLER DETACHED 29 17 12 -29.4 5 2 5 150.0 16 14 -12.5 ATTACHED 41 35 32 -8.6 13 14 7 -50.0 42 37 -11.9 APARTMENTS 35 31 35 12.9 7 10 7 -30.0 29 25 -13.8 WEST VANCOUVER/HOWE SOUND DETACHED 142 35 130 271.4 26 50 46 -8.0 146 165 13.0 ATTACHED 12 2 15 650.0 7 2 5 150.0 13 18 38.5 APARTMENTS 48 4 28 600.0 9 12 8 -33.3 34 37 8.8 GRAND TOTALS DETACHED 1929 645 1913 196.6 704 769 791 2.9 2762 2606 -5.6 ATTACHED 727 274 776 183.2 327 319 313 -1.9 1309 1039 -20.6 APARTMENTS 2476 773 2100 171.7 891 811 713 -12.1 3441 2576 -25.1
  • 7. Residential Average Sale Prices - January 1977 to January 2011 DETACHED CONDOMINIUM ATTACHED APARTMENTS IN THOUSANDS ($) 1400 $1,144,537 1200 1000 800 $552,550 600 400 $441,491 200 0 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.