- Home sales in the Metro Vancouver housing market increased 22.8% from April 2017 to May 2017, though decreased 8.5% from the record high of May 2016.
- Demand is driving sales of condominiums and townhomes as first-time buyers and people looking to downsize compete for these properties.
- While sales are approaching 2016 levels, the market differs this year with townhomes and condominiums leading sales rather than single-family homes.
August 2017 REBGV Stats Mike Stewart RealtorMike Stewart
Competition for condominiums and townhomes drove home sales in Metro Vancouver above typical levels in August. Sales totaled 3,043, a 22.3% increase from August 2016 and a 2.8% rise from July 2017. Demand has surged this summer for homes priced between $350,000-$750,000, led by first-time buyers in condo and townhome markets. The benchmark price for all residential properties is $1,029,700, up 9.4% from August 2016. Condo sales saw the biggest increase at 20.1% while detached home prices rose just 2.2% due to balanced market conditions.
- The demand for condominiums in Metro Vancouver continues to outpace supply, creating competition among home buyers and upward pressure on condo prices.
- While condo listings are near an all-time low, detached home listings have increased this year, leading to more choice in that market.
- The sales-to-active listings ratio is 93.2% for condos, indicating strong seller's market conditions, compared to 24.5% for detached homes.
February 2017 REBGV Statistics Package Mike Stewart RealtorMike Stewart
- Home sales in Metro Vancouver decreased 41.9% in February 2017 compared to February 2016 due to limited supply and snowy weather. New property listings also decreased significantly.
- The total number of properties currently listed is up slightly from last year but supply is still struggling to meet demand, preventing significant downward pressure on home prices.
- The benchmark price for all residential properties in Metro Vancouver is $906,700, a slight increase from January but a 2.8% decrease over the past six months. Prices vary by property type with detached homes seeing the largest decreases.
April 2017 Real Estate Board of Greater Vancouver Statistics Package with ChartsMike Stewart
Demand for condominiums and townhomes continues to drive the Metro Vancouver housing market. Sales of these properties have comprised a larger percentage of residential sales in 2017 compared to the same period in 2016. While the overall housing market is slower than 2016, the condo and townhome markets show increased demand, lower supply, and rising prices. Analysts expect prices to continue increasing until more entry-level homes become available.
March 2017 Rebgv Stats Package Mike StewartMike Stewart
- Housing demand in Metro Vancouver continues to outpace supply, particularly for condos and townhomes. Sales decreased from the record levels of March 2016 but increased compared to the previous month.
- New property listings were down 24.1% from March 2016, exacerbating an ongoing supply shortage. With fewer listings, competition between buyers remains intense.
- Benchmark home prices increased slightly compared to the previous month but were down over the past six months. Prices are expected to continue rising until more supply comes onto the market.
December 2016 rebgv statistics package mike stewart vancouver realtorMike Stewart
The Metro Vancouver housing market had its third highest year for sales in 2016, though sales decreased 5.6% from 2015. While prices rose in the first half of the year, they began to modestly decline in the second half as supply increased. The benchmark home price for all residential properties in Metro Vancouver ended 2016 at $897,600, a 17.8% increase over the previous year but a 2.2% decrease over the last six months. Sales activity and new listings declined in December compared to the previous year.
January 2017 Rebgv Statistics Package Mike Stewart Vancouver RealtorMike Stewart
The housing market in Metro Vancouver started slower in 2017 than in 2016, with home sales and listings below long-term averages. Residential property sales in January 2017 were 39.5% lower than in January 2016 and 11.1% lower than December 2016. New property listings also decreased compared to the previous year. The benchmark home price for detached properties declined 6.6% over the past six months, while prices for townhomes and condominiums remained steady. Overall real estate activity was described as a "lukewarm start" compared to record-breaking sales in early 2016.
October 2016 REBGV Statistics Package Vancouver BC Mike Stewart RealtorMike Stewart
Home sale and listing activity in Metro Vancouver declined in October 2016 compared to historical averages. Residential property sales totaled 2,233, down 38.8% from October 2015. New property listings also decreased compared to the same period last year. The benchmark home price index for all residential properties was $919,300, a 24.8% increase over October 2015 but down 0.8% from September 2016. Reduced demand and changing market conditions have caused buyers and sellers to adopt a wait-and-see approach.
August 2017 REBGV Stats Mike Stewart RealtorMike Stewart
Competition for condominiums and townhomes drove home sales in Metro Vancouver above typical levels in August. Sales totaled 3,043, a 22.3% increase from August 2016 and a 2.8% rise from July 2017. Demand has surged this summer for homes priced between $350,000-$750,000, led by first-time buyers in condo and townhome markets. The benchmark price for all residential properties is $1,029,700, up 9.4% from August 2016. Condo sales saw the biggest increase at 20.1% while detached home prices rose just 2.2% due to balanced market conditions.
- The demand for condominiums in Metro Vancouver continues to outpace supply, creating competition among home buyers and upward pressure on condo prices.
- While condo listings are near an all-time low, detached home listings have increased this year, leading to more choice in that market.
- The sales-to-active listings ratio is 93.2% for condos, indicating strong seller's market conditions, compared to 24.5% for detached homes.
February 2017 REBGV Statistics Package Mike Stewart RealtorMike Stewart
- Home sales in Metro Vancouver decreased 41.9% in February 2017 compared to February 2016 due to limited supply and snowy weather. New property listings also decreased significantly.
- The total number of properties currently listed is up slightly from last year but supply is still struggling to meet demand, preventing significant downward pressure on home prices.
- The benchmark price for all residential properties in Metro Vancouver is $906,700, a slight increase from January but a 2.8% decrease over the past six months. Prices vary by property type with detached homes seeing the largest decreases.
April 2017 Real Estate Board of Greater Vancouver Statistics Package with ChartsMike Stewart
Demand for condominiums and townhomes continues to drive the Metro Vancouver housing market. Sales of these properties have comprised a larger percentage of residential sales in 2017 compared to the same period in 2016. While the overall housing market is slower than 2016, the condo and townhome markets show increased demand, lower supply, and rising prices. Analysts expect prices to continue increasing until more entry-level homes become available.
March 2017 Rebgv Stats Package Mike StewartMike Stewart
- Housing demand in Metro Vancouver continues to outpace supply, particularly for condos and townhomes. Sales decreased from the record levels of March 2016 but increased compared to the previous month.
- New property listings were down 24.1% from March 2016, exacerbating an ongoing supply shortage. With fewer listings, competition between buyers remains intense.
- Benchmark home prices increased slightly compared to the previous month but were down over the past six months. Prices are expected to continue rising until more supply comes onto the market.
December 2016 rebgv statistics package mike stewart vancouver realtorMike Stewart
The Metro Vancouver housing market had its third highest year for sales in 2016, though sales decreased 5.6% from 2015. While prices rose in the first half of the year, they began to modestly decline in the second half as supply increased. The benchmark home price for all residential properties in Metro Vancouver ended 2016 at $897,600, a 17.8% increase over the previous year but a 2.2% decrease over the last six months. Sales activity and new listings declined in December compared to the previous year.
January 2017 Rebgv Statistics Package Mike Stewart Vancouver RealtorMike Stewart
The housing market in Metro Vancouver started slower in 2017 than in 2016, with home sales and listings below long-term averages. Residential property sales in January 2017 were 39.5% lower than in January 2016 and 11.1% lower than December 2016. New property listings also decreased compared to the previous year. The benchmark home price for detached properties declined 6.6% over the past six months, while prices for townhomes and condominiums remained steady. Overall real estate activity was described as a "lukewarm start" compared to record-breaking sales in early 2016.
October 2016 REBGV Statistics Package Vancouver BC Mike Stewart RealtorMike Stewart
Home sale and listing activity in Metro Vancouver declined in October 2016 compared to historical averages. Residential property sales totaled 2,233, down 38.8% from October 2015. New property listings also decreased compared to the same period last year. The benchmark home price index for all residential properties was $919,300, a 24.8% increase over October 2015 but down 0.8% from September 2016. Reduced demand and changing market conditions have caused buyers and sellers to adopt a wait-and-see approach.
REBGV September 2016 Stats Package Mike Stewart Vancouver RealtorMike Stewart
Home sales in Metro Vancouver dipped below the 10-year monthly average in September 2016, the first time since May 2014. Total home sales decreased 32.6% from September 2015 and 9.5% from August 2016. The sales-to-active listings ratio is at its lowest point since February 2015, indicating downward pressure on home prices. While condominium and townhome demand remains strong, the detached home market is seeing more uncertainty, making it difficult for buyers and sellers to establish prices. The benchmark home price index for all residential properties in Metro Vancouver declined slightly from August 2016 but was up 28.9% from September 2015.
January 2016 rebgv stats mike stewart realtor Corrected Feb 5 2016Mike Stewart
Home buyer demand in the Metro Vancouver housing market remains high while home seller supply is low, creating a strong seller's market. In January 2016, home sales were up 31.7% from January 2015 and nearly hit a record for the month. New property listings also rose compared to the previous year but were down from December 2015. With fewer homes listed than buyers looking, the sales-to-active listings ratio was 38%, indicating sellers have the advantage in negotiations. Benchmark home prices rose across detached homes, townhomes, and apartments compared to January 2015. The real estate board president advises home sellers to list their properties on the multiple listing service to maximize exposure to buyers.
June 2015 rebgv stats package mike stewartMike Stewart
- Home sales in Metro Vancouver set a record for the month of June, with 4,375 residential properties sold, a 28.4% increase from June 2014. This was the second highest monthly total on record.
- Demand continues to be driven by low interest rates, declining detached home supply, population growth, and the desirability of living in the region. However, listings have declined 23.9% from June 2014 and inventory is at its lowest June level since 2006.
- As a result of high demand and low inventory, the sales-to-active-listings ratio reached 35.9% in June, indicating a very tight seller's market. Benchmark home prices have increased between 5-15
May 2016 Real Estate Board of Greater Vancouver Statistics PackageMike Stewart
- Home sales in the Metro Vancouver region increased 17.6% in May 2016 compared to May 2015, with 4,769 homes sold. This was the highest sales total recorded for the month of May.
- New home listings increased 11.5% compared to May 2015, however total homes currently listed declined 37.3% compared to May 2015, indicating strong buyer demand is outpacing new supply.
- Benchmark home prices across the region increased between 20-40% compared to May 2015, with detached homes seeing some of the largest price increases.
November 2017 rebgv stats mike stewart real estate agentMike Stewart
- Home sales in Metro Vancouver increased 26.2% year-over-year in November 2017 while new listings rose 30.6%, leaving inventory still below historical levels.
- Demand remains above the 10-year average for November sales while supply remains constrained, putting upward pressure on home prices.
- The benchmark price of all residential properties in Metro Vancouver rose 14% year-over-year to $1,046,900 in November 2017.
February 2016 REBGV Stats Mike Stewart RealtorMike Stewart
- Home sales in the Metro Vancouver housing market set a new record for the month of February, with 4,172 homes sold, a 36.3% increase from February 2015. This was 56.3% above the 10-year average for February sales.
- The benchmark home price for all residential properties in Metro Vancouver reached $795,500 in February, a 22.2% increase over the previous year. Detached home prices rose 27% to $1,305,600, while apartment prices increased 17.7% to $454,600 and attached home prices grew 17% to $569,600.
- Low housing supply continued to put upward pressure on home prices, with new listings rising only 7.
REBGV November 2015 Statistics Package Mike Stewart RealtorMike Stewart
Home sales in Metro Vancouver reached near record levels in November 2015 despite declining home listings. Sales increased 40.1% from November 2014 but decreased 3.3% from October 2015. Demand remains strong across different price points in the region despite new listings declining 12.5% from last year and 15.4% from last month. The benchmark home price index for all residential properties increased 17.8% from November 2014 to $752,500 currently, with detached homes seeing the largest increase of 22.6% to $1,226,300.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease of 14.6 per cent compared to June 2018 when 2,425 homes sold.
The document summarizes home sales data in Metro Vancouver for January 2018. It finds that while demand remains high for attached homes and apartments, detached home buyers face less competition. Specifically, sales of detached homes were down 24.8% from the 10-year January average, while attached home sales rose 14.3% and apartment sales increased 31.6% compared to their 10-year averages. Real estate experts note that for detached home sellers to be successful, prices need to reflect current market trends of less demand compared to other property types.
September 2015 rebgv statistics package mike stewartMike Stewart
The document summarizes housing market conditions in Metro Vancouver in September 2015. It reports that home sales increased 14.5% from September 2014 while new listings declined 7.9%. As a result, inventory levels are down substantially from previous years, placing upward pressure on home prices. The benchmark price of all residential properties increased 13.7% year-over-year.
- Home sales in Metro Vancouver increased significantly in April 2021 compared to April 2020, with record high home sales for the month of April.
- In response to high demand, home sellers have been more active, with a record number of new listings in April 2021 compared to previous years.
- While new listings are at record highs, demand remains strong and more supply is still needed to balance the market, according to the Real Estate Board of Greater Vancouver.
Real Estate Board of Greater Vancouver Statistics Package November 2020Vicky Aulakh
- Home sales in Metro Vancouver reached 3,064 in November 2020, a 22.7% increase from November 2019 and the highest total since 2015.
- Demand has been at near record levels since summer 2020, putting upward pressure on home prices, particularly for detached and townhomes.
- While demand remained high across the region, activity was particularly focused in more remote areas like the Sunshine Coast due to increased work-from-home arrangements during the pandemic.
Home sales in Metro Vancouver dipped to the lowest level seen in March in over 30 years according to a report from the Real Estate Board of Greater Vancouver. Sales totalled 1,727 in March 2019, down 31.4% from March 2018. The total number of homes currently listed is also up 52.4% compared to March 2018. The president of the Real Estate Board attributed the downturn to government policies that have imposed new taxes and regulations on the housing market in recent years, arguing these measures sideline buyers in the short term but do not eliminate long term demand for housing. Benchmark home prices were down across all major property types compared to the previous year.
July 2015 rebgv stats package mike stewartMike Stewart
- Home sales in Metro Vancouver were over a third higher than the 10-year average in July, while the number of homes listed continues to trend below recent years.
- Residential property sales reached 3,978 in July 2015, a 30% increase from July 2014. The total number of properties listed is 11,505, a 26.3% decline from July 2014.
- The MLS Home Price Index benchmark price for all residential properties in Metro Vancouver is currently $700,500, an 11.2% increase from July 2014. With a sales-to-active-listings ratio of 34.6%, the region remains in seller's market territory.
Home sales in Metro Vancouver returned to historically typical levels in November 2019 after a quiet first half of the year. Residential home sales totalled 2,498 in November, a 55.3% increase from November 2018 but down 12.6% from October 2019. The benchmark home price for all residential properties was $993,700, representing a 4.6% decrease from November 2018. Detached home sales increased 59.9% compared to November 2018 while the benchmark detached home price decreased 5.8% over the same period.
- Home sales in Metro Vancouver increased 44.9% in February 2020 compared to February 2019, while the number of homes listed for sale decreased 20.7%.
- Low housing supply and steady buyer demand resulted in upward pressure on home prices, with the benchmark price for all residential properties increasing 0.3% over the past year.
- The sales-to-active listings ratio was above 20% for all property types, indicating strong seller's market conditions, especially in the condominium market which saw a ratio of 28.4%.
- Home sales in Metro Vancouver decreased 43.5% in September 2018 compared to September 2017, as supply increased and demand decreased. There were 5,279 new listings, up 1.8% from last year, and total active listings increased 38.2% to 13,084.
- The sales-to-active listings ratio was 12.2%, indicating downward pressure on home prices. Detached home sales saw the largest decrease (40.4%) and their benchmark price fell 4.5% from last year. Apartment sales fell 44% while their benchmark price rose 7.4%.
Demand for condominiums in Metro Vancouver continues to outpace supply, creating competition among home buyers and upward pressure on condo prices. While the detached home market has seen demand ease, condo listings are near an all-time low and multiple offers are common for condos. The sales-to-active listings ratio is 93.2% for condos, indicating strong seller's market conditions, compared to 24.5% for detached homes. The benchmark price of condos increased 2.9% in the past month and is up 17.6% from a year ago.
REBGV September 2016 Stats Package Mike Stewart Vancouver RealtorMike Stewart
Home sales in Metro Vancouver dipped below the 10-year monthly average in September 2016, the first time since May 2014. Total home sales decreased 32.6% from September 2015 and 9.5% from August 2016. The sales-to-active listings ratio is at its lowest point since February 2015, indicating downward pressure on home prices. While condominium and townhome demand remains strong, the detached home market is seeing more uncertainty, making it difficult for buyers and sellers to establish prices. The benchmark home price index for all residential properties in Metro Vancouver declined slightly from August 2016 but was up 28.9% from September 2015.
January 2016 rebgv stats mike stewart realtor Corrected Feb 5 2016Mike Stewart
Home buyer demand in the Metro Vancouver housing market remains high while home seller supply is low, creating a strong seller's market. In January 2016, home sales were up 31.7% from January 2015 and nearly hit a record for the month. New property listings also rose compared to the previous year but were down from December 2015. With fewer homes listed than buyers looking, the sales-to-active listings ratio was 38%, indicating sellers have the advantage in negotiations. Benchmark home prices rose across detached homes, townhomes, and apartments compared to January 2015. The real estate board president advises home sellers to list their properties on the multiple listing service to maximize exposure to buyers.
June 2015 rebgv stats package mike stewartMike Stewart
- Home sales in Metro Vancouver set a record for the month of June, with 4,375 residential properties sold, a 28.4% increase from June 2014. This was the second highest monthly total on record.
- Demand continues to be driven by low interest rates, declining detached home supply, population growth, and the desirability of living in the region. However, listings have declined 23.9% from June 2014 and inventory is at its lowest June level since 2006.
- As a result of high demand and low inventory, the sales-to-active-listings ratio reached 35.9% in June, indicating a very tight seller's market. Benchmark home prices have increased between 5-15
May 2016 Real Estate Board of Greater Vancouver Statistics PackageMike Stewart
- Home sales in the Metro Vancouver region increased 17.6% in May 2016 compared to May 2015, with 4,769 homes sold. This was the highest sales total recorded for the month of May.
- New home listings increased 11.5% compared to May 2015, however total homes currently listed declined 37.3% compared to May 2015, indicating strong buyer demand is outpacing new supply.
- Benchmark home prices across the region increased between 20-40% compared to May 2015, with detached homes seeing some of the largest price increases.
November 2017 rebgv stats mike stewart real estate agentMike Stewart
- Home sales in Metro Vancouver increased 26.2% year-over-year in November 2017 while new listings rose 30.6%, leaving inventory still below historical levels.
- Demand remains above the 10-year average for November sales while supply remains constrained, putting upward pressure on home prices.
- The benchmark price of all residential properties in Metro Vancouver rose 14% year-over-year to $1,046,900 in November 2017.
February 2016 REBGV Stats Mike Stewart RealtorMike Stewart
- Home sales in the Metro Vancouver housing market set a new record for the month of February, with 4,172 homes sold, a 36.3% increase from February 2015. This was 56.3% above the 10-year average for February sales.
- The benchmark home price for all residential properties in Metro Vancouver reached $795,500 in February, a 22.2% increase over the previous year. Detached home prices rose 27% to $1,305,600, while apartment prices increased 17.7% to $454,600 and attached home prices grew 17% to $569,600.
- Low housing supply continued to put upward pressure on home prices, with new listings rising only 7.
REBGV November 2015 Statistics Package Mike Stewart RealtorMike Stewart
Home sales in Metro Vancouver reached near record levels in November 2015 despite declining home listings. Sales increased 40.1% from November 2014 but decreased 3.3% from October 2015. Demand remains strong across different price points in the region despite new listings declining 12.5% from last year and 15.4% from last month. The benchmark home price index for all residential properties increased 17.8% from November 2014 to $752,500 currently, with detached homes seeing the largest increase of 22.6% to $1,226,300.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease of 14.6 per cent compared to June 2018 when 2,425 homes sold.
The document summarizes home sales data in Metro Vancouver for January 2018. It finds that while demand remains high for attached homes and apartments, detached home buyers face less competition. Specifically, sales of detached homes were down 24.8% from the 10-year January average, while attached home sales rose 14.3% and apartment sales increased 31.6% compared to their 10-year averages. Real estate experts note that for detached home sellers to be successful, prices need to reflect current market trends of less demand compared to other property types.
September 2015 rebgv statistics package mike stewartMike Stewart
The document summarizes housing market conditions in Metro Vancouver in September 2015. It reports that home sales increased 14.5% from September 2014 while new listings declined 7.9%. As a result, inventory levels are down substantially from previous years, placing upward pressure on home prices. The benchmark price of all residential properties increased 13.7% year-over-year.
- Home sales in Metro Vancouver increased significantly in April 2021 compared to April 2020, with record high home sales for the month of April.
- In response to high demand, home sellers have been more active, with a record number of new listings in April 2021 compared to previous years.
- While new listings are at record highs, demand remains strong and more supply is still needed to balance the market, according to the Real Estate Board of Greater Vancouver.
Real Estate Board of Greater Vancouver Statistics Package November 2020Vicky Aulakh
- Home sales in Metro Vancouver reached 3,064 in November 2020, a 22.7% increase from November 2019 and the highest total since 2015.
- Demand has been at near record levels since summer 2020, putting upward pressure on home prices, particularly for detached and townhomes.
- While demand remained high across the region, activity was particularly focused in more remote areas like the Sunshine Coast due to increased work-from-home arrangements during the pandemic.
Home sales in Metro Vancouver dipped to the lowest level seen in March in over 30 years according to a report from the Real Estate Board of Greater Vancouver. Sales totalled 1,727 in March 2019, down 31.4% from March 2018. The total number of homes currently listed is also up 52.4% compared to March 2018. The president of the Real Estate Board attributed the downturn to government policies that have imposed new taxes and regulations on the housing market in recent years, arguing these measures sideline buyers in the short term but do not eliminate long term demand for housing. Benchmark home prices were down across all major property types compared to the previous year.
July 2015 rebgv stats package mike stewartMike Stewart
- Home sales in Metro Vancouver were over a third higher than the 10-year average in July, while the number of homes listed continues to trend below recent years.
- Residential property sales reached 3,978 in July 2015, a 30% increase from July 2014. The total number of properties listed is 11,505, a 26.3% decline from July 2014.
- The MLS Home Price Index benchmark price for all residential properties in Metro Vancouver is currently $700,500, an 11.2% increase from July 2014. With a sales-to-active-listings ratio of 34.6%, the region remains in seller's market territory.
Home sales in Metro Vancouver returned to historically typical levels in November 2019 after a quiet first half of the year. Residential home sales totalled 2,498 in November, a 55.3% increase from November 2018 but down 12.6% from October 2019. The benchmark home price for all residential properties was $993,700, representing a 4.6% decrease from November 2018. Detached home sales increased 59.9% compared to November 2018 while the benchmark detached home price decreased 5.8% over the same period.
- Home sales in Metro Vancouver increased 44.9% in February 2020 compared to February 2019, while the number of homes listed for sale decreased 20.7%.
- Low housing supply and steady buyer demand resulted in upward pressure on home prices, with the benchmark price for all residential properties increasing 0.3% over the past year.
- The sales-to-active listings ratio was above 20% for all property types, indicating strong seller's market conditions, especially in the condominium market which saw a ratio of 28.4%.
- Home sales in Metro Vancouver decreased 43.5% in September 2018 compared to September 2017, as supply increased and demand decreased. There were 5,279 new listings, up 1.8% from last year, and total active listings increased 38.2% to 13,084.
- The sales-to-active listings ratio was 12.2%, indicating downward pressure on home prices. Detached home sales saw the largest decrease (40.4%) and their benchmark price fell 4.5% from last year. Apartment sales fell 44% while their benchmark price rose 7.4%.
Demand for condominiums in Metro Vancouver continues to outpace supply, creating competition among home buyers and upward pressure on condo prices. While the detached home market has seen demand ease, condo listings are near an all-time low and multiple offers are common for condos. The sales-to-active listings ratio is 93.2% for condos, indicating strong seller's market conditions, compared to 24.5% for detached homes. The benchmark price of condos increased 2.9% in the past month and is up 17.6% from a year ago.
- Home sales in Metro Vancouver increased modestly in May 2019 compared to April, reaching over 2,000 for the first time this year, though demand remains below historical averages.
- The number of homes currently listed for sale reached a 5-year high of over 14,000 in May 2019, up 30% from May 2018.
- Prices continued to decline across property types, with the composite benchmark price down 0.4% from April and 8.9% from May 2018.
- Home sales in Metro Vancouver increased modestly in May 2019 compared to April, reaching over 2,000 for the first time this year, though demand remains below historical averages.
- The number of homes currently listed for sale reached nearly 14,700, the highest level since 2014, as high prices and stress test qualification issues reduce buyer demand.
- While sales increased slightly from the previous month, they remained well below 10-year averages for May and were the lowest for the month since 2000.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 per cent decrease from the 4,364 sales recorded in May 2017, and a 9.8 per cent increase compared to April 2018 when 2,579 homes sold.
- Housing sales in Metro Vancouver decreased 29.1% in April 2019 compared to April 2018, with reduced demand and increased supply.
- The number of homes listed for sale increased 46.2% compared to April 2018, reaching the highest level since October 2014. This is driven more by reduced demand than increased supply.
- Benchmark home prices decreased across property types, with detached homes seeing an 11.1% price decrease compared to April 2018.
September 2017 rebgv statistics package mike stewart realtorMike Stewart
- Residential property sales in Metro Vancouver totaled 2,821 in September 2017, a 25.2% increase from September 2016. Apartment and townhome sales outpaced detached home sales.
- Detached homes made up 30% of sales and 62% of listings. This has slowed price increases for detached homes compared to other property types.
- The benchmark price for all residential properties was $1,037,300, a 10.9% increase from September 2016. Benchmark prices for apartments (+21.7%), townhomes (+14.5%), and detached homes (+2.9%) all increased from the previous year.
October 2017 REBGV Stats Mike Stewart Vancouver RealtorMike Stewart
October home sales in Metro Vancouver exceeded the historical average, with sales up 35.3% from October 2016. Sales were concentrated in townhouses and apartments, which continue to have limited supply and upward pressure on prices. The benchmark home price for all residential properties in Metro Vancouver rose 12.4% from October 2016 to $1,042,300, with townhouse and apartment prices increasing 17.7% and 22.7%, respectively, over the same period. Detached home sales and prices grew at a slower pace due to more inventory in that segment.
July 2017 Real Estate Board of Greater Vancouver Stats Package Mike Stewart r...Mike Stewart
Home sales in Metro Vancouver decreased in July 2017 compared to the previous month and year, while the number of home listings increased. Specifically, home sales fell 8.2% year-over-year and 24% month-over-month. New listings rose 0.3% year-over-year but fell 8.1% from the previous month. Total home listings increased 10.1% from July 2016. The president of the Real Estate Board attributed the changes to home sales and listings returning to more typical summer levels after unusually high activity in recent months.
Housing market conditions continue to favour home buyers VANCOUVER, BC – March 4, 2019 – The Metro Vancouver* housing market saw increased
supply from home sellers and below average demand from home buyers in February.
- Home sales in the Metro Vancouver region dipped below the long-term average in February 2018, with a 9% decrease in sales compared to February 2017.
- The supply of apartments and townhomes is unable to meet demand, while the detached home market is entering a buyers' market.
- Rising interest rates and stricter mortgage requirements have reduced home buyers' purchasing power, particularly for first-time buyers.
Prospective home buyers remain on the sidelines in March VANCOUVER, BC – April 2, 2019 – Metro Vancouver* home sales dipped to the lowest
levels seen in March in more than three decades.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4 per cent decrease from the 2,517 sales recorded in March 2018, and a 16.4 per cent increase from the 1,484 homes sold in February 2019.
Last month’s sales were 46.3 per cent below the 10-year March sales average and was the lowest total for the month since 1986.
"Housing demand today isn’t aligning with our growing economy and low unemployment rates. The market trends we’re seeing are largely policy-induced," Ashley Smith, REBGV president said. "For three years, governments at all levels have imposed new taxes and borrowing requirements on to the housing market.”
Home listings continue to increase across all housing categories in the Metro Vancouver housing market while home buyer activity remains below historical averages.
Home sales and listings in Metro Vancouver increased in June 2020 compared to June 2019 and May 2020. Total home sales in June 2020 were up 17.6% year-over-year and up 64.5% month-over-month. Total home listings were up 21.8% year-over-year and up 57.1% month-over-month. While sales and listings activity is increasing, it remains below 10-year averages for the month of June. The benchmark home price index for all residential properties was up 3.5% year-over-year but down 0.3% month-over-month.
“Buyers are less active today. This is allowing the supply of homes for sale to accumulate to levels we haven’t seen in the last few years,” Phil Moore, REBGV president said. “Rising interest rates, high prices and more restrictive mortgage requirements are among the factors dampening home buyer activity today.”
Home sales in Metro Vancouver decreased significantly in November 2018 across all property types compared to November 2017 and October 2018. The Real Estate Board reported a 42.5% decrease in home sales year-over-year and an 18.2% monthly decrease. Additionally, home prices have declined 4-7% over the last six months depending on property type. The sales-to-active listings ratio is below the 12% threshold that often leads to downward pressure on home prices.
Home sales and new listings in Metro Vancouver increased in August compared to the previous year. Total home sales were 3,047, up 36.6% from August 2019. New listings were 5,813, up 55.1% from the previous year. The benchmark home price index for all residential properties was $1,038,700, up 5.3% from August 2019. Sales remained strong for detached homes and apartments.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4 per cent decrease from the 3,553 sales recorded in April 2017, and a 2.5 per cent increase compared to March 2018 when 2,517 homes sold.
The document appears to be about news events or current affairs. However, it provides no details about any specific news stories, events, or other information. All it states is the single word "News" without any other context or supporting information. Therefore, it is difficult to determine what exactly the document is referring to or about based on the limited information provided.
https://www.mikestewart.ca/vancouver-real-estate-and-fintrac/
This is an example of a FINTRAC document for a blog post on Vancouver Real Estate and Fintrac.
This document is a multiple listing contract between a seller, Mary Seller, and a listing brokerage, Century 21 In Town Realty. It lists a property located at 604 123 Anystreet Ave in Vancouver for sale at a price of $1,234,567.00. The contract grants the listing brokerage exclusive authority to market and show the property from January 24 2018 to May 31 2018. It outlines the brokerage's commission of 7% on the first $100K and 2.5% on the balance of the sale price. It also specifies the duties and obligations of both the seller and listing brokerage during the listing period.
15% tax on international buyers in vancouverMike Stewart
The document summarizes new legislation in British Columbia that imposes an additional 15% property transfer tax on residential property transfers to foreign entities in the Greater Vancouver Regional District. The tax applies to transfers registered after August 2, 2016. Foreign entities include foreign nationals, foreign corporations, and taxable trustees that are foreign or have foreign beneficiaries. The tax is filed and paid along with the general property transfer tax when properties are registered. Failure to comply with the legislation can result in penalties, fines, and imprisonment.
http://www.mikestewart.ca/blog/2011/11/02/october-2011-real-estate-board-of-greater-vancouver-statistics-package
These are the October 2011 REBGV Stats courtesy of Mike Stewart
REBGV Stats for Sept 2011 Mike StewartMike Stewart
http://www.mikestewart.ca/blog/category/real-estate-board-of-greater-vancouver-rebgv-monthly-sales-statistics/
These are the September 2011 Real Estate Board of Greater Vancouver Statistics courtesy of Mike Stewart a top Vancouver Realtor!
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaonglobalsignature2022
Signature Global TITANIUM SPR launched a high rise apartments in Gurgaon . In this project Signature Global offers 3.5 & 4.5 BHK high rise Apartment at sector 71 Gurgaon SPR Road. Signature Global Titanium SPR is IGBC Gold certified, a testament to our commitment to sustainability.
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptxneilahuja668
Anilesh Ahuja journey is a testament to the power of vision, resilience, and unwavering determination. As a visionary leader, he continues to inspire and empower others to dream big and challenge the status quo. His legacy extends far beyond the realm of real estate, leaving an indelible mark on the industry and the world at large.
Listing Turkey - Piyalepasa Istanbul CatalogListing Turkey
We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
https://listingturkey.com/property/piyalepasa-istanbul/
Andhra Pradesh, known for its strategic location on the southeastern coast of India, has emerged as a key player in India’s industrial landscape. Over the decades, the state has witnessed significant growth across various sectors,
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
Why is Revit MEP Outsourcing considered an as good option for construction pr...MarsBIM1
Outsourcing MEP modeling services require effective collaboration and coordination amongst multiple engineering trades. The engineers and the designers often change the details of the MEP projects, but the work of Revit MEP drafting services is having the master plan and model of the complete project. To have proper coordination and installation, there is a need to execute the project effectively. Hence, the work of Revit family creation facilitates the MEP engineers.
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
Office Building for Sale - 2810 City View Drive, Madison, WI
May 2017 REBGV Stats
1. News Release
FOR IMMEDIATE RELEASE:
Market activity picks up in May
VANCOUVER, BC – June 2, 2017 – Home buyer activity returned to near record levels across
the Metro Vancouver* housing market in May.
Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent
from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 per cent compared
to April 2017 when 3,553 homes sold.
Last month’s sales were 23.7 per cent above the 10-year May sales average and is the third-
highest selling May on record.
"Demand for condominiums and townhomes is driving today’s activity," Jill Oudil, Real Estate
Board of Greater Vancouver (REBGV) president said. “First-time buyers and people looking to
downsize from their single-family homes are both competing for these two types of housing.”
New listings for detached, attached and apartment properties in Metro Vancouver totalled 6,044
in May 2017. This represents a 3.9 per cent decrease compared to the 6,289 units listed in May
2016 and a 23.2 per cent increase compared to April 2017 when 4,907 homes were listed.
The month-over-month increase in new listings was led by detached homes at 27.1 per cent,
followed by apartments at 22.7 per cent and townhomes at 14.1 per cent.
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver
is 8,168, a 5.7 per cent increase compared to May 2016 (7,726) and a 4.5 per cent increase
compared to April 2017 (7,813).
"Home buyers are beginning to have more selection to choose from in the detached market,
but the number of condominiums for sale continues to decline," Oudil said.
The sales-to-active listings ratio across all residential categories is 53.4 per cent. By property
type, the ratio is 31 per cent for detached homes, 76.1 per cent for townhomes, and 94.6 per cent
for condominiums.
Generally, analysts say that downward pressure on home prices occurs when the ratio dips below
the 12 per cent mark for a sustained period, while home prices often experience upward pressure
when it surpasses 20 per cent over several months.
“While sales are inching closer to the record-breaking pace of 2016, the market itself looks
different. Sales last year were driven by demand for single-family homes. This year, it's clear
that townhomes and condominiums are leading the way,” said Oudil. “It’s important to work
2. with your local REALTOR® to understand the different factors affecting the market today.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $967,500. This represents an 8.8 per cent increase over May 2016 and a
2.8 per cent increase compared to April 2017.
Sales of detached properties in May 2017 reached 1,548, a decrease of 17 per cent from the
1,865 detached sales recorded in May 2016. The benchmark price for a detached property is
$1,561,000. This represents a 3.1 per cent increase over May 2016 and a 2.9 per cent increase
compared to April 2017.
Sales of apartment properties reached 2,025 in May 2017, a decrease of 5.8 per cent compared to
the 2,150 sales in May 2016.The benchmark price for an apartment property is $571,300. This
represents a 17.8 per cent increase over May 2016 and a 3.1 per cent increase compared to April
2017.
Attached property sales in May 2017 totalled 791, an increase of 4.9 per cent compared to the
754 sales in May 2016. The benchmark price for an attached property is $715,400. This
represents a 13.1 per cent increase over May 2016 and a 1.9 per cent increase compared to April
2017.
-30-
*Editor’s Note: Areas covered by the Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast,
Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody,
Port Coquitlam, Coquitlam, Pitt Meadows, Maple Ridge, and South Delta.
The real estate industry is a key economic driver in British Columbia. In 2016, 39,943 homes changed ownership in
the Board’s area, generating $2.5 billion in economic spin-off activity and an estimated 17,600 jobs. The total dollar
value of residential sales transacted through the MLS® system in Greater Vancouver totalled $40 billion in 2016.
The Real Estate Board of Greater Vancouver is an association representing more than 13,500 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
Manager, Communication
Real Estate Board of Greater Vancouver
604.730.3146
cmunn@rebgv.org
3. Property Type Area
Benchmark
Price
Price
Index
1 Month
Change %
3 Month
Change %
6 Month
Change %
1 Year
Change %
3 Year
Change %
5 Year
Change %
10 Year
Change %
Residential / Composite Lower Mainland $867,500 244.6 2.8% 6.9% 6.8% 10.3% 55.1% 55.6% 79.1%
Greater Vancouver $967,500 253.2 2.8% 6.7% 6.5% 8.8% 54.7% 55.0% 85.6%
Bowen Island $870,800 188.8 -0.9% 6.1% 7.0% 20.6% 49.1% 39.3% 41.7%
Burnaby East $900,600 248.6 3.8% 7.4% 7.7% 5.7% 53.6% 56.8% 81.7%
Burnaby North $830,100 249.5 2.0% 5.3% 7.5% 11.4% 55.4% 58.5% 83.5%
Burnaby South $929,800 262.8 2.5% 5.8% 9.4% 14.7% 58.2% 59.8% 94.7%
Coquitlam $818,800 243.0 3.4% 9.5% 8.8% 8.2% 57.1% 60.4% 80.0%
Ladner $801,600 222.8 0.7% 3.5% -1.6% -2.7% 48.8% 43.2% 71.4%
Maple Ridge $610,600 206.3 3.6% 7.1% 6.4% 14.2% 56.6% 55.6% 55.5%
New Westminster $584,900 249.1 4.1% 8.5% 11.1% 16.1% 55.4% 56.1% 76.2%
North Vancouver $1,035,800 233.7 3.0% 6.9% 5.3% 8.4% 54.2% 55.8% 75.8%
Pitt Meadows $601,200 219.9 3.4% 7.6% 6.9% 18.4% 55.0% 60.5% 60.6%
Port Coquitlam $647,300 229.4 4.7% 10.0% 12.3% 12.9% 58.2% 57.9% 67.2%
Port Moody $832,900 230.3 3.4% 8.2% 8.9% 11.0% 56.1% 63.1% 71.1%
Richmond $913,500 264.7 2.9% 5.9% 6.4% 7.7% 56.1% 52.8% 96.5%
Squamish $701,300 228.6 1.0% 5.7% 11.8% 21.7% 75.0% 80.3% 83.9%
Sunshine Coast $538,600 188.7 0.4% 6.4% 9.6% 20.5% 51.9% 46.2% 41.5%
Tsawwassen $950,900 238.2 0.7% 5.2% -0.7% -1.4% 55.5% 53.9% 82.0%
Vancouver East $1,027,300 300.9 2.9% 7.9% 6.4% 10.3% 60.1% 66.3% 114.3%
Vancouver West $1,283,500 270.5 2.5% 6.1% 4.6% 6.1% 51.5% 52.7% 94.0%
West Vancouver $2,597,000 278.7 3.5% 5.4% 3.5% 0.2% 55.0% 57.2% 100.6%
Whistler $792,000 184.0 -0.3% 3.6% 10.9% 18.3% 72.9% 63.6% 51.3%
Single Family Detached Lower Mainland $1,267,500 269.2 2.9% 6.0% 4.3% 5.2% 60.8% 62.5% 100.0%
Greater Vancouver $1,561,000 287.9 2.9% 5.9% 3.3% 3.1% 61.2% 61.0% 113.1%
Bowen Island $870,800 188.8 -0.9% 6.1% 7.0% 20.6% 49.1% 39.3% 41.7%
Burnaby East $1,237,800 276.8 3.2% 6.7% 5.6% 0.0% 60.7% 61.3% 107.0%
Burnaby North $1,563,200 302.3 2.3% 4.2% 2.8% -0.6% 59.9% 65.9% 124.3%
Burnaby South $1,682,600 322.1 3.1% 2.8% 2.5% 5.2% 66.8% 67.6% 140.9%
Coquitlam $1,231,200 273.2 3.7% 9.9% 5.9% 3.7% 64.4% 71.3% 104.6%
Ladner $972,000 234.3 0.4% 2.5% -4.4% -5.3% 55.5% 48.5% 80.9%
Maple Ridge $760,300 216.6 3.7% 7.0% 6.5% 13.5% 62.7% 63.7% 67.5%
New Westminster $1,093,200 271.2 3.1% 6.5% 6.5% 1.3% 61.0% 59.1% 103.0%
North Vancouver $1,656,500 263.7 3.6% 6.4% 1.9% 3.0% 66.3% 68.2% 99.9%
Pitt Meadows $824,400 232.3 3.6% 6.9% 3.8% 13.1% 64.3% 65.6% 74.7%
Port Coquitlam $967,600 258.1 5.6% 12.5% 12.0% 6.8% 68.9% 71.5% 93.9%
Port Moody $1,430,100 264.1 4.6% 6.5% 4.0% 5.7% 57.7% 69.5% 96.4%
Richmond $1,634,800 327.9 2.9% 4.7% 1.5% -0.5% 68.3% 59.9% 140.2%
Squamish $880,500 234.1 2.8% 8.6% 11.2% 20.7% 64.5% 71.8% 86.1%
Sunshine Coast $535,500 187.6 0.6% 6.6% 9.6% 20.3% 51.8% 45.9% 40.7%
Tsawwassen $1,209,400 260.4 0.5% 5.0% -1.1% -3.8% 63.0% 63.7% 99.2%
Vancouver East $1,513,800 334.6 2.7% 6.2% 2.7% 3.9% 67.5% 75.6% 146.2%
Vancouver West $3,588,300 368.4 2.6% 4.8% 1.9% 4.2% 60.7% 59.4% 154.1%
West Vancouver $3,080,600 292.9 3.4% 4.9% 2.2% -1.5% 53.1% 57.9% 110.4%
Whistler $1,462,200 202.4 4.9% 7.3% 10.5% 19.2% 55.3% 68.7% 63.5%
HOW TO READ THE TABLE:
• Benchmark Price: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market.
• 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.
• x Month/Year Change %: Percentage change of index over a period of x month(s)/year(s) *
In January 2005, the indexes are set to 100.
Townhome properties are similar to Attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes.
The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN.
May 2017*
* MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association 1 of 14
4. Property Type Area
Benchmark
Price
Price
Index
1 Month
Change %
3 Month
Change %
6 Month
Change %
1 Year
Change %
3 Year
Change %
5 Year
Change %
10 Year
Change %
May 2017*
Townhouse Lower Mainland $602,800 218.2 2.3% 7.0% 7.5% 17.6% 51.9% 50.0% 63.4%
Greater Vancouver $715,400 231.2 1.9% 5.9% 7.2% 13.1% 51.9% 52.3% 73.6%
Burnaby East $601,400 215.7 5.1% 11.8% 13.5% 20.8% 42.4% 42.9% 60.5%
Burnaby North $567,400 211.6 0.4% 5.2% 5.9% 17.2% 37.6% 42.5% 55.0%
Burnaby South $612,000 219.6 3.2% 5.7% 6.6% 22.0% 43.9% 44.1% 66.7%
Coquitlam $565,100 207.6 1.9% 7.2% 10.7% 8.1% 44.9% 47.7% 56.4%
Ladner $657,900 218.0 2.1% 6.6% 10.4% 7.1% 45.9% 43.5% 66.9%
Maple Ridge $431,200 209.5 4.0% 9.0% 7.3% 18.8% 55.3% 56.7% 52.8%
New Westminster $591,000 222.0 2.5% 8.3% 15.0% 10.6% 46.5% 48.8% 67.0%
North Vancouver $917,500 219.6 3.3% 7.4% 9.1% 14.9% 52.2% 52.4% 67.9%
Pitt Meadows $516,800 223.6 3.8% 7.7% 8.2% 23.5% 57.5% 60.9% 62.5%
Port Coquitlam $574,100 217.7 3.1% 7.3% 9.1% 15.3% 53.3% 51.0% 60.0%
Port Moody $561,000 189.6 2.6% 8.7% 8.0% 3.7% 36.2% 37.9% 41.2%
Richmond $762,800 246.6 1.7% 4.0% 5.6% 11.3% 50.0% 49.8% 88.0%
Squamish $726,400 263.9 -3.3% -0.4% 15.7% 26.2% 105.4% 133.3% 119.6%
Tsawwassen $648,800 214.4 2.7% 5.2% 8.4% 6.4% 48.4% 39.5% 64.2%
Vancouver East $792,300 261.2 3.7% 6.9% 3.5% 9.2% 50.3% 52.7% 83.7%
Vancouver West $1,154,200 261.1 2.6% 7.9% 6.0% 11.5% 58.7% 62.6% 95.9%
Whistler $830,100 222.0 -4.9% -1.5% 7.5% 14.3% 76.2% 72.8% 94.4%
Apartment Lower Mainland $517,600 226.0 3.1% 8.8% 11.8% 19.1% 50.1% 49.6% 60.4%
Greater Vancouver $571,300 229.7 3.1% 8.6% 11.6% 17.8% 50.5% 50.7% 65.4%
Burnaby East $594,000 225.5 5.6% 8.9% 10.2% 8.7% 45.0% 61.3% 52.5%
Burnaby North $539,300 228.0 2.2% 7.1% 13.3% 25.8% 56.7% 57.8% 66.4%
Burnaby South $610,700 245.2 2.6% 8.7% 15.8% 23.1% 58.2% 60.1% 79.2%
Coquitlam $397,100 218.6 3.6% 10.6% 15.7% 21.4% 56.3% 52.0% 57.7%
Ladner $395,800 187.6 0.1% 4.0% -1.2% 3.4% 28.8% 24.2% 42.6%
Maple Ridge $225,700 163.0 3.3% 7.9% 9.8% 20.7% 34.9% 23.5% 13.2%
New Westminster $430,000 244.9 4.7% 9.6% 13.2% 25.3% 54.4% 56.1% 69.0%
North Vancouver $502,000 204.3 2.5% 8.4% 11.0% 18.8% 42.4% 43.0% 52.0%
Pitt Meadows $338,700 200.2 2.8% 9.3% 10.3% 22.3% 40.5% 54.8% 39.0%
Port Coquitlam $349,900 207.4 4.5% 9.6% 16.0% 24.9% 52.2% 49.4% 44.3%
Port Moody $545,900 227.5 2.8% 9.5% 15.7% 23.3% 65.2% 70.7% 68.4%
Richmond $522,900 220.8 4.1% 9.9% 16.3% 26.2% 48.3% 48.3% 63.1%
Squamish $402,600 193.9 2.0% 8.9% 11.5% 21.7% 94.5% 57.4% 53.3%
Tsawwassen $426,400 179.8 0.8% 5.6% 1.2% 9.2% 34.9% 27.1% 36.6%
Vancouver East $496,800 274.1 3.4% 11.3% 13.5% 23.1% 55.1% 59.9% 86.8%
Vancouver West $737,500 238.7 2.7% 7.1% 7.5% 9.6% 49.4% 51.0% 72.5%
West Vancouver $1,033,000 225.7 4.2% 10.4% 15.7% 21.3% 76.3% 59.1% 64.3%
Whistler $437,700 143.5 1.9% 7.7% 14.3% 24.6% 116.8% 83.3% 13.3%
HOW TO READ THE TABLE:
• Benchmark Price: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market.
• 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.
• x Month/Year Change %: Percentage change of index over a period of x month(s)/year(s)
In January 2005, the indexes are set to 100. *
Townhome properties are similar to attached properties, a category that was used in the previous MLSLink HPI, but do not included duplexes.
Lower Mainland includes areas serviced by both Real Estate Board of Greater Vancouver & Fraser Valley Real Estate Board.
The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN.
* MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association 2 of 14