- 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.
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.
- 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.
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.
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.
- 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.
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.
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.
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.
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.
- 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.
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.
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.
- 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.
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.
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.
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.
Vancouver real estate stats package, August 2013Matt Collinge
The summer housing market in Greater Vancouver remained active with home sales in August 2023 up 52.5% from the previous year but down 14.7% from July 2013. While sales were above the year before and consistent with long term averages, prices have remained stable throughout the year with the composite home price index down 1.3% from August 2012. The president of the Real Estate Board attributed the strong sales to healthy demand relative to the number of homes listed for sale.
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.
- 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.
Home sales in the Metro Vancouver housing market declined below the long-term average in 2019 despite increased demand at the end of the year. Sales increased 3% from 2018 but were still 20.3% below the 10-year average. Prices dipped between 2-4% across property types depending on the area. Listings decreased from 2018 but were still below the 10-year average, indicating low inventory. Home buyer confidence improved in the second half of the year, leading to above average sales in the fourth quarter of 2019.
Real Estate Board of Greater Vancouver Statistics Package August 2021Vicky Aulakh
- Home sales in Metro Vancouver increased 3.4% in August 2021 compared to August 2020, but listings declined 30.6%, leaving the housing market undersupplied.
- The total number of homes listed for sale was 29.7% lower than August 2020 and 8.6% lower than July 2021, with only 9,005 homes currently listed.
- The sales-to-active listings ratio of 35% indicates downward pressure on prices, but analysts say a sustained ratio below 12% is needed to significantly impact prices.
The Metro Vancouver housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months.
Sales decreased 13% from APRIL 2021.
Stats provided by the real estate Board of Greater Vancouver
Home buyer competition is intensifying across Metro Vancouver's housing market, putting upward pressure on home prices. Residential home sales in February 2021 increased 73.3% from February 2020 and 56% from January 2021. The supply of homes listed for sale is not keeping up with demand, resulting in multiple offer situations and price increases, particularly for townhomes. The benchmark price for all residential properties in Metro Vancouver is now $1,084,000, up 6.8% from February 2020.
Real Estate Board of Greater Vancouver Statistics Package July 2021Vicky Aulakh
- Housing sales in Metro Vancouver saw moderate trends in July compared to heightened activity during the pandemic. Home sales increased 6.3% year-over-year but decreased 11.6% month-over-month.
- New housing listings decreased 26.4% year-over-year and 25.2% month-over-month, indicating low housing supply remains an issue.
- Benchmark home prices remained virtually unchanged both month-over-month and year-over-year across most property types, suggesting price increases are moderating as supply remains tight.
2017 Real Estate Board of Greater Vancouver Statistics Package with Charts & ...Kathryn Huang
- Home sales in Metro Vancouver totalled 35,993 in 2017, a decrease from 2016 but above the 10-year average. Home listings also decreased from 2016 and were below the 10-year average.
- The benchmark price of homes in Metro Vancouver increased substantially in 2017, with condominiums rising 25.9%, townhomes 18.5%, and detached homes 7.9%.
- Home sales continued to be strong in December 2017 compared to the previous year, while new listings increased substantially. The tight supply of listings continued to put upward pressure on home prices in the region.
- Home sales in Metro Vancouver decreased in June 2021 compared to May 2021 but were higher than June 2020. Listings also decreased from May 2021.
- The housing market is beginning to normalize from the busy spring season, making multiple offers and subjects on offers more common again.
- Benchmark home prices rose from June 2020 across all property types (detached, townhomes, apartments) but price increases slowed in recent months.
Fraser Valley Real Estate Board February 2022Vicky Aulakh
The Fraser Valley Real Estate Board (FVREB) reported record high new property listings in February 2022. New listings increased 75% compared to January and 15% compared to February 2021. Total home sales decreased 35% compared to February 2021 but were 39% higher than January 2022. While inventory is still low, the recent increases in new listings provide hope that more choices for buyers may soften the hot real estate market. Home prices continued rising substantially across all property types in the Fraser Valley region.
The housing market in Metro Vancouver showed resilience in 2020, with home sales reaching 30,944, close to the long-term annual average despite the pandemic. While sales slowed initially due to COVID-19, demand and listings recovered over the summer and winter seasons. The benchmark price of all residential properties in Metro Vancouver ended 2020 at $1,047,400, a 5.4% increase over the previous year. Looking ahead, continued adequate supply of homes for sale will influence future price trends.
- 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%.
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.
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.
NEWS RELEASE:
Metro Vancouver home sales decline below historical averages in 2018
VANCOUVER, BC – January 3, 2019 –Metro Vancouver* home sales in 2018 were the lowest annual total in the region since 2000.
Home sales in Metro Vancouver declined significantly in 2018, falling 31.6% from 2017 and 38.4% from 2016. At 24,619 homes sold, 2018 sales were 25% below the 10-year average. High home prices, rising interest rates, and new mortgage requirements contributed to weaker market conditions. While home listings declined slightly in 2018, continued new housing construction is expected to provide more options for buyers in 2019. The benchmark home price for the region ended 2018 at $1,032,400, a 2.7% decline from December 2017.
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.
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.
Vancouver real estate stats package, August 2013Matt Collinge
The summer housing market in Greater Vancouver remained active with home sales in August 2023 up 52.5% from the previous year but down 14.7% from July 2013. While sales were above the year before and consistent with long term averages, prices have remained stable throughout the year with the composite home price index down 1.3% from August 2012. The president of the Real Estate Board attributed the strong sales to healthy demand relative to the number of homes listed for sale.
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.
- 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.
Home sales in the Metro Vancouver housing market declined below the long-term average in 2019 despite increased demand at the end of the year. Sales increased 3% from 2018 but were still 20.3% below the 10-year average. Prices dipped between 2-4% across property types depending on the area. Listings decreased from 2018 but were still below the 10-year average, indicating low inventory. Home buyer confidence improved in the second half of the year, leading to above average sales in the fourth quarter of 2019.
Real Estate Board of Greater Vancouver Statistics Package August 2021Vicky Aulakh
- Home sales in Metro Vancouver increased 3.4% in August 2021 compared to August 2020, but listings declined 30.6%, leaving the housing market undersupplied.
- The total number of homes listed for sale was 29.7% lower than August 2020 and 8.6% lower than July 2021, with only 9,005 homes currently listed.
- The sales-to-active listings ratio of 35% indicates downward pressure on prices, but analysts say a sustained ratio below 12% is needed to significantly impact prices.
The Metro Vancouver housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months.
Sales decreased 13% from APRIL 2021.
Stats provided by the real estate Board of Greater Vancouver
Home buyer competition is intensifying across Metro Vancouver's housing market, putting upward pressure on home prices. Residential home sales in February 2021 increased 73.3% from February 2020 and 56% from January 2021. The supply of homes listed for sale is not keeping up with demand, resulting in multiple offer situations and price increases, particularly for townhomes. The benchmark price for all residential properties in Metro Vancouver is now $1,084,000, up 6.8% from February 2020.
Real Estate Board of Greater Vancouver Statistics Package July 2021Vicky Aulakh
- Housing sales in Metro Vancouver saw moderate trends in July compared to heightened activity during the pandemic. Home sales increased 6.3% year-over-year but decreased 11.6% month-over-month.
- New housing listings decreased 26.4% year-over-year and 25.2% month-over-month, indicating low housing supply remains an issue.
- Benchmark home prices remained virtually unchanged both month-over-month and year-over-year across most property types, suggesting price increases are moderating as supply remains tight.
2017 Real Estate Board of Greater Vancouver Statistics Package with Charts & ...Kathryn Huang
- Home sales in Metro Vancouver totalled 35,993 in 2017, a decrease from 2016 but above the 10-year average. Home listings also decreased from 2016 and were below the 10-year average.
- The benchmark price of homes in Metro Vancouver increased substantially in 2017, with condominiums rising 25.9%, townhomes 18.5%, and detached homes 7.9%.
- Home sales continued to be strong in December 2017 compared to the previous year, while new listings increased substantially. The tight supply of listings continued to put upward pressure on home prices in the region.
- Home sales in Metro Vancouver decreased in June 2021 compared to May 2021 but were higher than June 2020. Listings also decreased from May 2021.
- The housing market is beginning to normalize from the busy spring season, making multiple offers and subjects on offers more common again.
- Benchmark home prices rose from June 2020 across all property types (detached, townhomes, apartments) but price increases slowed in recent months.
Fraser Valley Real Estate Board February 2022Vicky Aulakh
The Fraser Valley Real Estate Board (FVREB) reported record high new property listings in February 2022. New listings increased 75% compared to January and 15% compared to February 2021. Total home sales decreased 35% compared to February 2021 but were 39% higher than January 2022. While inventory is still low, the recent increases in new listings provide hope that more choices for buyers may soften the hot real estate market. Home prices continued rising substantially across all property types in the Fraser Valley region.
The housing market in Metro Vancouver showed resilience in 2020, with home sales reaching 30,944, close to the long-term annual average despite the pandemic. While sales slowed initially due to COVID-19, demand and listings recovered over the summer and winter seasons. The benchmark price of all residential properties in Metro Vancouver ended 2020 at $1,047,400, a 5.4% increase over the previous year. Looking ahead, continued adequate supply of homes for sale will influence future price trends.
- 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%.
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.
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.
NEWS RELEASE:
Metro Vancouver home sales decline below historical averages in 2018
VANCOUVER, BC – January 3, 2019 –Metro Vancouver* home sales in 2018 were the lowest annual total in the region since 2000.
Home sales in Metro Vancouver declined significantly in 2018, falling 31.6% from 2017 and 38.4% from 2016. At 24,619 homes sold, 2018 sales were 25% below the 10-year average. High home prices, rising interest rates, and new mortgage requirements contributed to weaker market conditions. While home listings declined slightly in 2018, continued new housing construction is expected to provide more options for buyers in 2019. The benchmark home price for the region ended 2018 at $1,032,400, a 2.7% decline from December 2017.
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.
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.
- Home sales in Metro Vancouver increased 3.4% in August 2021 compared to August 2020, but listings declined 30.6%, leaving the housing market undersupplied.
- The total number of homes listed for sale was 29.7% lower than August 2020 and 8.6% lower than July 2021, with only 9,005 homes currently listed.
- The sales-to-active listings ratio of 35% indicates downward pressure on prices, but analysts say a sustained ratio below 12% is needed to significantly impact prices.
- 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.
Real Estate Board of Greater Vancouver Statistics Package March 2021Vicky Aulakh
- Home sales and new listings in Metro Vancouver reached record levels in March 2021, with sales increasing 126.1% from March 2020 and listings rising 86.8%.
- The tight housing market is putting upward pressure on home prices, with the benchmark price for all residential properties rising 9.4% over the last year.
- Demand was strongest in suburban and rural areas like Delta-South, Whistler, and Squamish, which saw sales increase over 190% compared to March 2020.
- 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 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 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.
REBGV Statistics Package November 2022VickyAulakh1
Real Estate Board of Greater Vancouver Statistics Package November 2022. Home sale and listing activity continue trending below long-term averages in November. While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,614 in November 2022, a 52.9 per cent decrease from the 3,428 sales recorded in November 2021, and a 15.2 per cent decrease from the 1,903 homes sold in October 2022.
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.
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 remained below historical averages in October 2018, decreasing 34.9% from October 2017. The number of newly listed homes was at a four-year high for October. Total homes currently listed is at a 42.1% increase from October 2017, representing more options for buyers but also more competition for sellers. While home prices have decreased slightly in recent months, the benchmark price for all residential homes in Metro Vancouver is still up 1% from October 2017.
- Housing market activity in Metro Vancouver saw steady demand in early March but then levelled off as concerns about COVID-19 intensified later in the month.
- Total home sales in March 2020 were up 46.1% from March 2019 but below the 10-year average for the month. New property listings declined.
- The real estate industry has been designated an essential service but must follow public health guidelines, as many buyers and sellers have put plans on hold during the pandemic uncertainty.
- Housing market activity in Metro Vancouver saw steady demand in early March but then levelled off as concerns about COVID-19 intensified later in the month.
- Total home sales in March 2020 were up 46.1% from March 2019 but below the 10-year average for the month. New property listings declined.
- The real estate industry has been designated an essential service but must follow public health orders, and many buyers and sellers have put plans on hold during the pandemic uncertainty.
Similar to September 2017 rebgv statistics package mike stewart realtor (20)
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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.
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.
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.
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- 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.
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.
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.
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- 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.
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- 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
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
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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!
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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.
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
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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.
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“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.
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Floople Real Estate Market in the UK - Current Trends and Future Prospects
September 2017 rebgv statistics package mike stewart realtor
1. News Release
FOR IMMEDIATE RELEASE:
Home buyer demand continues to differ based on housing type
VANCOUVER, BC – October 3, 2017 – Apartment and townhome activity is outpacing the
detached home market across Metro Vancouver*. This activity helped push total residential sales
above the historical average in September.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
the region totalled 2,821 in September 2017, a 25.2 per cent increase from the 2,253 sales
recorded in September 2016, and a 7.3 per cent decrease compared to August 2017 when 3,043
homes sold.
Last month’s sales were 13.1 per cent above the 10-year September sales average.
“Our detached homes market is balanced today, while apartment and townhome sales remain in
sellers' market territory,” Jill Oudil, REBGV president said. “If you’re looking to enter the
market, as either a buyer or seller, it’s important to understand these trends and use this
information to set realistic expectations.”
There were 5,375 detached, attached and apartment properties newly listed for sale on the
Multiple Listing Service® (MLS®) in Metro Vancouver in September 2017. This represents a 12
per cent increase compared to the 4,799 homes listed in September 2016 and a 26.6 per cent
increase compared to August 2017 when 4,245 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is
9,466, a 1.2 per cent increase compared to September 2016 (9,354) and a 7.5 per cent increase
compared to August 2017 (8,807).
“Detached homes made up 30 per cent of all sales in September and represented 62 per cent of
all the homes listed for sale on the MLS®,” said Oudil. “This dynamic has slowed the pace of
upward pressure that we’ve seen on detached home prices in our market over the last few years.”
For all property types, the sales-to-active listings ratio for September 2017 is 29.8 per cent. By
property type, the ratio is 14.6 per cent for detached homes, 42.3 per cent for townhomes, and
60.4 per cent for apartments.
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.
2. The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $1,037,300. This represents a 10.9 per cent increase over September 2016
and a 0.7 per cent increase compared to August 2017.
Sales of detached properties in September 2017 reached 852, a 27.9 per cent increase from the
sales recorded in September 2016 (666), a decrease of 33 per cent from September 2015 (1,272),
and a decrease of 32.9 per cent from September 2014 (1,270). The benchmark price for detached
properties is $1,617,300. This represents a 2.9 per cent increase from September 2016 and a 0.1
per cent increase compared to August 2017.
Sales of apartment properties reached 1,451 in September 2017, a 19.1 per cent increase
compared from the sales recorded in September 2016 (1,218), a 5.1 per cent decrease from
September 2015 (1,529), and a 22.1 per cent increase from September 2014 (1,188). The
benchmark price of an apartment property is $635,800. This represents a 21.7 per cent increase
from September 2016 and a 1.4 per cent increase compared to August 2017.
Attached property sales in September 2017 totalled 518, a 40.4 per cent increase compared to the
sales recorded in September 2016 (369), a 4.8 per cent decrease from September 2015 (544), and
an 11.6 per cent increase from September 2014 (464). The benchmark price of an attached home
is $786,600. This represents a 14.5 per cent increase from September 2016 and a 1.1 per cent
increase compared to August 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 $936,400 264.2 0.7% 4.5% 12.0% 12.4% 64.4% 70.6% 86.5%
Greater Vancouver $1,037,300 271.2 0.7% 3.9% 11.1% 10.9% 62.3% 70.1% 90.9%
Bowen Island $959,900 208.1 1.9% 7.6% 12.6% 20.5% 63.0% 62.1% 51.1%
Burnaby East $951,600 264.7 -1.2% 3.8% 11.2% 11.5% 60.5% 68.8% 87.3%
Burnaby North $885,900 267.5 1.0% 3.5% 9.1% 12.9% 63.1% 73.3% 89.4%
Burnaby South $997,000 281.6 1.2% 4.1% 11.4% 14.5% 65.7% 72.7% 99.2%
Coquitlam $905,200 268.5 0.4% 4.8% 13.8% 14.5% 68.2% 77.7% 92.5%
Ladner $854,700 239.9 1.2% 3.6% 8.3% -0.3% 53.9% 58.3% 75.6%
Maple Ridge $673,600 226.5 1.5% 6.7% 14.4% 16.4% 68.4% 69.0% 65.3%
New Westminster $649,200 278.3 0.7% 7.9% 17.1% 20.0% 69.4% 74.7% 89.4%
North Vancouver $1,094,300 245.9 0.2% 2.8% 9.5% 7.9% 59.3% 64.6% 78.7%
Pitt Meadows $667,300 244.1 2.7% 8.2% 17.4% 19.2% 70.0% 77.5% 73.5%
Port Coquitlam $715,800 252.5 -0.3% 4.5% 14.3% 17.2% 69.0% 76.0% 77.7%
Port Moody $895,100 247.4 1.6% 5.5% 14.6% 15.0% 64.9% 75.1% 78.4%
Richmond $980,500 286.3 0.6% 3.4% 10.5% 10.1% 63.5% 69.6% 103.5%
Squamish $794,000 254.2 5.1% 10.4% 11.2% 23.3% 87.7% 94.5% 100.0%
Sunshine Coast $583,700 204.5 1.4% 4.8% 12.1% 21.1% 64.5% 59.3% 49.1%
Tsawwassen $997,000 250.4 0.9% 4.0% 7.6% 0.8% 60.4% 64.5% 80.3%
Vancouver East $1,080,900 316.5 0.2% 3.4% 10.8% 9.7% 65.2% 77.4% 115.9%
Vancouver West $1,355,900 285.9 0.7% 2.1% 10.2% 8.8% 57.4% 70.4% 94.9%
West Vancouver $2,626,900 282.4 -1.0% -0.1% 5.3% -6.1% 54.2% 67.1% 95.0%
Whistler $930,500 204.6 6.2% 14.2% 13.5% 22.7% 80.4% 86.8% 63.2%
Single Family Detached Lower Mainland $1,326,900 281.5 0.0% 2.7% 9.4% 5.7% 65.4% 73.1% 102.5%
Greater Vancouver $1,617,300 297.2 0.1% 1.9% 8.0% 2.9% 62.8% 71.5% 112.1%
Bowen Island $959,900 208.1 1.9% 7.6% 12.6% 20.5% 63.0% 62.1% 51.1%
Burnaby East $1,275,000 285.1 -3.5% 1.2% 9.9% 3.8% 63.1% 69.7% 105.4%
Burnaby North $1,596,300 308.7 0.2% 1.4% 5.1% 2.0% 63.6% 75.6% 121.6%
Burnaby South $1,728,600 330.9 0.6% 0.5% 7.2% 2.3% 67.9% 72.1% 136.9%
Coquitlam $1,280,600 284.2 0.1% 1.9% 11.1% 5.8% 67.8% 79.8% 107.0%
Ladner $1,015,100 244.7 1.5% 4.0% 7.1% -4.7% 57.0% 63.1% 82.6%
Maple Ridge $812,600 231.5 1.1% 4.7% 13.1% 13.3% 69.8% 73.8% 72.9%
New Westminster $1,138,500 284.0 -3.2% 1.2% 9.1% 6.1% 64.2% 67.7% 104.0%
North Vancouver $1,713,000 267.9 0.1% 1.3% 7.2% 1.9% 66.1% 74.8% 97.7%
Pitt Meadows $892,500 251.5 1.8% 6.2% 15.3% 12.5% 72.4% 79.4% 85.3%
Port Coquitlam $995,800 265.5 -0.7% 0.5% 11.9% 11.9% 68.7% 78.8% 94.2%
Port Moody $1,497,200 276.5 0.4% 3.6% 11.0% 8.3% 66.4% 75.6% 99.4%
Richmond $1,695,000 340.4 1.1% 2.7% 8.9% 1.5% 69.6% 73.3% 139.4%
Squamish $994,700 253.9 2.0% 5.0% 8.5% 20.5% 80.8% 90.9% 100.1%
Sunshine Coast $580,300 203.3 1.4% 4.8% 12.1% 20.9% 64.2% 58.8% 48.3%
Tsawwassen $1,269,700 273.4 1.1% 4.1% 7.6% 0.0% 68.5% 75.4% 98.1%
Vancouver East $1,564,900 345.9 0.0% 2.0% 7.8% 1.8% 65.1% 84.3% 146.2%
Vancouver West $3,653,500 375.1 0.0% 0.7% 5.5% 0.8% 58.7% 74.7% 144.0%
West Vancouver $3,136,600 296.1 -1.7% 0.3% 5.2% -8.5% 54.7% 67.7% 105.1%
Whistler $1,643,600 208.4 0.4% 4.9% 6.7% 17.0% 70.3% 74.5% 67.3%
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.
The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN.
September 2017*
* MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association 1 of 15
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 %
September 2017*
Townhouse Lower Mainland $661,600 239.1 1.2% 6.0% 12.4% 15.5% 61.3% 65.0% 72.8%
Greater Vancouver $786,600 253.8 1.1% 5.5% 10.8% 14.5% 60.2% 67.2% 83.2%
Burnaby East $636,500 235.1 1.1% 4.1% 9.1% 22.3% 49.6% 53.2% 68.9%
Burnaby North $701,900 262.0 0.6% 2.0% 9.0% 16.2% 56.8% 68.2% 82.3%
Burnaby South $747,800 257.6 -3.2% 0.5% 10.1% 14.0% 54.6% 63.6% 83.7%
Coquitlam $641,400 235.3 0.2% 3.9% 10.0% 16.4% 58.3% 63.7% 72.8%
Ladner $742,500 258.9 1.2% 1.5% 11.2% 13.1% 57.1% 62.2% 82.3%
Maple Ridge $514,600 238.9 1.3% 9.2% 15.6% 22.2% 73.5% 72.6% 70.9%
New Westminster $668,400 264.3 2.4% 4.3% 9.9% 20.2% 56.8% 66.0% 88.0%
North Vancouver $964,700 234.4 -0.4% 2.8% 6.3% 7.0% 56.3% 61.8% 75.3%
Pitt Meadows $572,900 247.9 1.8% 6.9% 16.9% 20.6% 73.8% 74.8% 75.3%
Port Coquitlam $635,400 239.7 -1.2% 7.4% 14.0% 16.2% 65.0% 70.6% 70.2%
Port Moody $605,400 204.6 -0.5% 3.6% 15.9% 11.0% 44.0% 47.0% 45.8%
Richmond $801,500 263.4 0.1% 4.6% 9.4% 12.3% 56.6% 62.2% 92.8%
Squamish $804,800 292.4 15.2% 18.3% 8.7% 29.4% 115.2% 127.2% 134.9%
Tsawwassen $737,500 274.7 2.4% 0.8% 9.8% 17.1% 65.0% 66.7% 93.5%
Vancouver East $851,200 279.4 -0.9% 4.6% 14.5% 9.7% 55.0% 66.9% 86.8%
Vancouver West $1,265,100 279.4 0.9% 4.4% 10.7% 11.7% 61.4% 79.3% 101.6%
Whistler $912,000 243.9 11.9% 16.6% 7.3% 18.2% 80.5% 89.2% 103.3%
Apartment Lower Mainland $585,300 255.9 1.7% 6.7% 16.5% 23.9% 66.7% 70.9% 74.0%
Greater Vancouver $635,800 255.5 1.4% 5.8% 15.7% 21.7% 64.8% 71.5% 75.6%
Burnaby East $682,500 259.1 2.2% 12.9% 22.7% 28.5% 64.1% 93.4% 72.4%
Burnaby North $576,700 246.2 1.9% 5.8% 13.2% 24.8% 67.0% 75.4% 73.5%
Burnaby South $664,500 266.8 2.7% 7.6% 15.1% 25.0% 70.3% 78.7% 86.4%
Coquitlam $482,300 264.7 1.1% 9.0% 19.6% 30.3% 76.9% 83.3% 83.1%
Ladner $422,800 200.4 0.8% 6.4% 9.5% 3.4% 36.6% 35.2% 42.2%
Maple Ridge $262,400 189.5 4.1% 12.8% 21.2% 28.7% 57.8% 45.2% 26.3%
New Westminster $488,600 278.5 1.8% 10.8% 21.2% 26.5% 73.7% 79.1% 85.5%
North Vancouver $553,500 225.3 0.4% 4.8% 14.4% 19.5% 54.7% 54.4% 60.0%
Pitt Meadows $392,300 231.9 5.0% 12.5% 21.8% 28.5% 63.3% 78.9% 54.6%
Port Coquitlam $414,200 247.7 0.5% 7.0% 17.4% 24.8% 74.6% 78.1% 64.1%
Port Moody $601,300 250.6 3.6% 8.4% 17.9% 25.2% 75.7% 91.2% 82.7%
Richmond $598,600 255.5 0.7% 4.5% 15.1% 26.4% 65.1% 73.5% 79.7%
Squamish $466,700 224.8 2.1% 12.9% 23.5% 27.0% 83.5% 75.5% 71.1%
Tsawwassen $451,500 190.4 0.5% 5.6% 9.6% 6.1% 41.2% 37.4% 35.1%
Vancouver East $535,600 295.5 1.2% 5.5% 15.2% 23.4% 70.4% 75.3% 90.6%
Vancouver West $796,100 258.3 1.1% 3.0% 13.6% 15.8% 60.7% 70.4% 77.6%
West Vancouver $1,153,700 233.7 2.3% -1.2% 7.0% 15.2% 56.6% 66.5% 60.0%
Whistler $526,100 172.5 4.4% 18.4% 27.9% 33.6% 107.6% 124.9% 32.0%
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.
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