REBGV Stats Package, August 2013
News Release The summer housing market remains active in Greater Vancouver VANCOUVER, B.C. – September 4, 2013 – August activity in the Greater Vancouver housing market finished well above last year’s pace and slightly below the 10-year average for the month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,514 on the Multiple Listing Service® (MLS®) in August 2013. This represents a 52.5 per cent increase compared to the 1,649 sales recorded in August 2012, and a 14.7 per cent decline compared to the 2,946 sales in July 2013. Last month’s sales were 4.6 per cent below the 10-year sales average for the month. “We’ve seen a healthy amount of demand in the marketplace this summer compared to the number of homes listed for sale,” Sandra Wyant, REBGV president said. “The market today is much stronger than we saw last year and is consistent with our long-term averages for this time of year.” New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,186 in August. This represents a 3.5 per cent increase compared to the 4,044 new listings reported in August 2012 and a 13.8 per cent decline from the 4,854 new listings in July of this year. The total number of properties currently listed for sale on the MLS® in Greater Vancouver is 16,027, which is an 8.8 per cent decrease compared to August 2012 and a 3.6 per cent decline from July 2013. The sales-to-active-listings ratio currently sits at 15.7 per cent in Greater Vancouver. This ratio remains consistent with balanced market conditions. “People entering the market should not confuse stronger sales activity with rising prices. Home prices have been quite stable and consistent for much of this year,” Wyant said. The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is currently $601,500. This represents a 1.3 per cent decline compared to August 2012 and an increase of 2.3 per cent since the beginning of 2013. Sales of detached properties reached 1,052 in August 2013, an increase of 69 per cent from the 624 detached sales recorded in August 2012, and a 3.1 per cent increase from the 1,020 units sold in August 2011. The benchmark price for detached properties decreased 2 per cent from August 2012 to $923,700.
Sales of apartment properties reached 1,018 in August 2013, an increase of 40.4 per cent compared to the 725 sales in August 2012, and an increase of 6.6 per cent compared to the 955 sales in August 2011. The benchmark price of an apartment property decreased 1.1 per cent from August 2012 to $366,100. Attached property sales in August 2013 totalled 444, an increase of 48 per cent compared to the 300 sales in August 2012, and a 10.2 per cent increase from the 403 attached properties sold in August 2011. The benchmark price of an attached unit decreased 1.1 per cent between August 2012 and 2013 to $457,000. -30The real estate industry is a key economic driver in British Columbia. In 2012, 25,032 homes changed ownership in the Board’s area generating $1.07 billion in economic spin-off activity and creating an estimated 7,125 jobs. The total dollar value of residential sales transacted throughout the MLS® system in Greater Vancouver totalled $18.6 billion in 2012. The Real Estate Board of Greater Vancouver is an association representing more than 11,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org.
For more information please contact:
Craig Munn Assistant Manager, Communication Real Estate Board of Greater Vancouver 604.730.3146 [email protected]
August 2013
*
Property Type
Area
Benchmark Price
Price Index
1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Change % Change % Change % Change % Change % Change %
Residential / Composite
Lower Mainland Greater Vancouver Bowen Island Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Sunshine Coast Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$542,300 $601,500 $557,200 $567,000 $516,900 $571,000 $499,000 $530,600 $388,100 $368,800 $649,600 $386,000 $394,000 $514,900 $572,700 $398,000 $336,200 $592,800 $608,400 $800,500 $1,576,000 $453,300
153.1 157.7 120.8 156.5 154.4 161.0 147.6 147.6 131.2 158.3 147.0 139.8 139.9 142.2 166.3 128.5 117.8 149.4 178.0 168.7 169.2 108.0
0.0% -0.1% -2.0% 0.2% 1.0% -0.1% -0.4% 0.5% 0.6% 0.7% 0.3% 0.8% 0.6% 1.2% 0.1% -0.2% -1.3% 0.3% -0.1% -0.8% 0.7% -0.6%
0.5% 0.5% 0.3% 0.8% 1.2% 1.6% 0.1% 0.1% 0.8% 0.0% -0.1% 1.3% 0.9% 0.9% 0.7% 2.8% 0.8% 1.1% 0.1% 0.5% 0.5% 5.0%
1.7% 1.9% -4.3% 2.4% 1.0% 3.1% 1.0% -0.8% 0.9% 2.3% 2.3% 0.7% 1.4% 2.8% 2.3% 1.4% -4.4% 0.7% 2.8% 2.4% 2.2% 3.3%
-1.1% -1.3% -6.5% 1.0% 0.9% -0.2% -1.3% -3.3% -0.5% 0.5% -0.7% 2.6% -0.6% 0.2% -0.8% -2.1% -8.2% -2.4% -0.8% -0.3% -1.5% -6.2%
5.3% 5.8% -10.0% 6.2% 5.8% 9.2% 5.3% 2.1% -0.5% 6.4% 5.7% 1.6% 0.2% 3.4% 5.0% -1.6% -12.1% 3.5% 12.4% 8.3% 23.2% -9.6%
6.5% 8.8% -12.4% 9.4% 7.3% 12.0% 4.0% 6.6% -5.9% 5.7% 5.5% -1.4% -3.5% 1.6% 13.4% -7.4% -14.7% 6.7% 17.1% 15.0% 15.9% -19.9%
Single Family Detached
Lower Mainland Greater Vancouver Bowen Island Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Sunshine Coast Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$758,100 $923,700 $557,200 $753,100 $931,100 $970,800 $710,000 $615,000 $463,400 $667,500 $953,000 $508,500 $552,200 $843,000 $945,100 $499,400 $334,800 $713,400 $849,100 $2,079,900 $1,862,100 $900,900
161.1 170.7 120.8 168.4 179.7 186.1 157.3 148.4 131.7 165.6 152.1 141.9 147.5 156.2 190.3 134.9 117.3 153.6 187.5 213.7 177.3 124.7
0.2% 0.4% -2.0% -0.1% 1.7% 0.2% 0.1% 0.1% 0.6% 0.0% 1.1% 0.6% 0.3% 1.2% 0.1% 1.5% -1.2% -0.3% 0.5% 0.5% 0.0% 1.5%
0.6% 0.7% 0.3% -0.1% 2.7% 0.9% 0.6% 0.8% 0.2% 0.1% 0.2% 1.6% 0.9% 1.5% 0.8% 4.2% 0.7% 1.4% 1.4% 0.6% 0.2% 3.7%
2.3% 2.5% -4.3% 3.1% 2.3% 5.6% 1.7% -1.7% 1.7% 2.4% 3.1% 2.0% 1.2% 4.3% 1.9% -0.1% -4.5% 1.1% 4.5% 3.9% 2.7% 0.4%
-1.2% -2.0% -6.5% -0.2% 1.9% -3.5% -0.7% -3.5% 0.1% -0.8% -0.3% 2.5% -1.3% -0.6% -3.1% -0.7% -8.2% -2.1% -1.2% -1.7% -1.7% 7.0%
10.5% 12.4% -10.0% 14.4% 16.0% 22.5% 10.5% 3.0% 1.1% 11.4% 9.7% 1.6% 5.0% 10.4% 11.1% 5.9% -12.5% 7.0% 20.3% 17.7% 28.2% 5.3%
14.6% 19.1% -12.4% 21.3% 26.4% 31.3% 12.9% 9.0% -2.9% 19.3% 10.8% 5.0% 5.4% 10.6% 27.2% -2.0% -15.1% 10.7% 29.7% 36.2% 20.6% -9.7%
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.
* MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association
1 of 11
August 2013
*
Property Type
Area
Benchmark Price
Price Index
1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Change % Change % Change % Change % Change % Change %
Townhouse
Lower Mainland Greater Vancouver Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Tsawwassen Vancouver East Vancouver West Whistler
$390,400 $457,000 $416,300 $390,700 $408,000 $383,000 $438,800 $273,200 $389,700 $585,300 $313,200 $364,900 $406,300 $496,200 $337,000 $448,300 $516,600 $696,300 $455,900
141.7 148.3 149.3 145.7 146.4 140.7 145.4 132.7 146.4 140.1 135.5 138.9 137.3 160.4 122.3 138.6 170.3 157.5 122.8
0.1% 0.1% -0.1% 1.0% 0.7% 0.6% -0.1% 0.3% -0.6% 0.7% 0.1% -0.6% 1.0% 0.1% -0.1% -0.3% -0.2% -1.4% 0.7%
0.3% 0.5% 1.9% -1.2% 1.0% 0.2% -3.5% 2.1% -1.0% 0.8% -1.7% 0.6% 1.1% 0.8% 4.2% -3.7% -0.3% 0.0% 6.2%
0.4% 0.3% 2.5% -1.6% -1.0% -0.4% 0.9% 0.0% 2.1% -0.1% -2.4% -0.1% -1.3% 1.5% 2.2% 1.0% 0.9% -0.6% 5.6%
-1.4% -1.1% -0.9% -1.6% -2.0% 0.1% -2.4% -0.3% 0.1% -0.8% -2.6% 0.1% -0.4% -1.2% -5.0% -2.3% 0.8% 1.1% -1.1%
0.1% 1.5% 3.7% -2.9% 0.8% 1.7% 2.9% -3.2% 3.1% -0.6% -2.0% -1.1% -0.6% 3.6% -3.2% -2.6% 8.0% 6.1% 8.4%
0.1% 3.8% 4.3% 1.5% 4.8% 0.9% 2.8% -7.2% 3.6% 1.6% -5.6% -2.8% -3.8% 11.5% -11.0% -2.0% 9.7% 10.8% -8.0%
Apartment
Lower Mainland Greater Vancouver Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$336,000 $366,100 $379,100 $333,100 $377,300 $244,500 $310,300 $174,500 $275,000 $349,500 $237,100 $219,100 $323,700 $347,400 $247,800 $328,300 $304,000 $469,300 $617,400 $212,200
147.4 148.0 143.9 140.8 151.5 134.6 147.1 127.2 157.2 141.9 140.1 129.9 134.9 147.3 119.2 138.1 167.7 151.9 134.9 76.2
-0.3% -0.6% 2.3% 0.5% -0.6% -1.7% 2.9% 1.0% 1.2% -1.1% 1.4% 2.0% 1.0% 0.1% -5.8% 2.6% -0.8% -1.4% 4.5% -5.2%
0.2% 0.1% 1.2% 0.8% 1.6% -0.9% 1.4% 2.0% 0.1% -0.8% 2.9% 0.9% -0.2% 0.4% -1.2% 1.0% -1.5% 0.4% 1.7% 1.2%
1.4% 1.6% 2.6% 0.5% 2.6% 0.1% 0.8% -1.6% 2.3% 1.8% 1.2% 2.6% 4.3% 3.5% 5.7% -0.8% 0.8% 1.6% -0.7% 4.2%
-1.1% -1.1% 11.0% 0.9% 2.7% -3.4% -3.5% -3.9% 1.2% -1.7% 7.2% -0.4% 0.7% 2.1% -3.4% -4.0% -1.1% -0.3% 0.7% -14.2%
0.5% 0.4% -6.6% 1.1% 3.7% -2.5% -1.5% -3.6% 4.9% 2.5% 5.3% -5.7% 0.5% -1.5% -16.0% -6.4% 2.9% 2.9% 1.6% -38.3%
-1.1% 0.5% -7.9% -3.2% 3.6% -8.6% 2.9% -16.0% 1.8% -0.1% -7.5% -15.0% -1.0% 0.9% -15.8% -3.4% 3.9% 5.5% -4.7% -43.1%
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 11
Aug 2013 Jun 2013 Apr 2013 Feb 2013 Dec 2012 Oct 2012 Aug 2012 Apartment
Jun 2012 Apr 2012 Feb 2012 Dec 2011
Townhouse
Aug 2011 Jun 2011 Apr 2011 Feb 2011
Detached
Dec 2010 Oct 2010 Aug 2010 Jun 2010
Residential
Apr 2010 Feb 2010 Dec 2009 Oct 2009 Aug 2009 Jun 2009 Apr 2009 Feb 2009 Dec 2008 Oct 2008 60
80
100
120 Price Index
140
160
180
Aug 2008 200
Jan 2005 HPI = 100
C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
Greater Vancouver 5 Year Trend
Oct 2011
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
$927,000
$472,000
$366,570
Attached
Apartment
509
Attached
Detached
637
Detached
1,034
$365,000
Apartment
Apartment
$480,000
Attached
528
Attached
$910,000
651
Detached
Detached
$360,900
Apartment
1,123
$435,000
Attached
Apartment
$934,500
45
Attached
Detached
42
Detached
87
$375,000
Apartment
Apartment
$479,900
73
Attached
$920,000
122
Detached
Attached
$390,000
Apartment
Detached
$497,000
Attached
166
$899,000
Detached
Apartment
172
55
Attached
Apartment
104
Detached
Coquit lam $285,000
$464,900
$740,000
500
299
821
$289,400
$437,750
$707,250
487
310
772
$279,000
$455,000
$719,000
41
23
58
$307,250
$455,029
$671,250
68
46
119
$291,000
$430,000
$729,000
59
35
99
Delta South $336,000
$433,277
$686,500
86
54
332
$326,500
$407,500
$663,500
88
46
318
n/a
n/a
$689,500
11
5
38
n/a
n/a
$664,000
13
6
47
n/a
n/a
$696,000
14
11
41
Islands - Gulf n/a
n/a
$391,000
0
1
26
n/a
n/a
n/a
0
0
19
n/a
n/a
n/a
0
0
2
n/a
n/a
n/a
0
0
3
n/a
n/a
n/a
0
0
1
$216,000
$292,000
$480,000
209
293
792
$205,000
$300,000
$480,000
185
246
763
$233,600
$277,500
$456,000
27
30
71
$220,000
$295,000
$513,551
31
39
126
$187,700
$277,000
$483,000
25
24 69
9
23
$308,875
$425,000
$672,000
572
93
209
$285,000
$443,000
$688,200
505
88
194
$308,250
n/a
n/a
58
9
17
$304,000
n/a
$685,750
76
11
34
$265,000
n/a
$680,500
Maple R id g e/Pitt M eadow s 97
$375,000
$650,000
$1,015,500
569
220
706
$373,500
$625,000
$952,000
498
244
771
$360,000
n/a
$1,060,000
48
14
51
$381,250
$588,000
$948,475
77
27
117
$369,000
$644,750
$1,021,000
64
38
76
North Vanco uver
Note: Median Selling Prices are not reported for areas with less than 20 sales or for the Gulf Islands
Year-to-date
Jan. Aug. 2012
Year-to-date
Jan. Aug. 2013
August 2012
July 2013
August 2013
Number of Sales
August 2013
2013
Port C oquitla m $240,750
$390,000
$545,000
220
168
293
$229,750
$369,400
$541,500
177
210
270
n/a
n/a
$568,500
18
17
27
$217,500
$403,500
$537,450
34
23
54
$239,525
$356,850
$549,250
23
32
38
Port M oody/B elcarra $334,000
$447,500
$780,000
171
151
146
$336,000
$425,500
$792,500
169
121
172
$342,000
n/a
n/a
21
17
12
$331,000
n/a
$814,750
30
11
28
n/a
$399,950
$1,004,000
15
22
24
Richm ond $340,500
$528,500
$980,000
808
535
723
$338,400
$501,000
$927,000
942
625
874
$341,000
$533,750
$937,500
65
54
60
$320,500
$492,827
$935,500
165
94
146
$343,000
$520,000
$960,000
109
94
136
$258,000
$350,000
$500,000
31
68
134
$215,000
$362,887
$497,500
31
80
112
n/a
n/a
n/a
3
8
11
n/a
n/a
n/a
6
8
14
n/a
n/a
n/a
3
6
11
Squam ish
20
$238,000
$286,500
$399,500
36
31
352
$294,500
$248,700
$385,000
33
28
324
n/a
n/a
$410,000
4
3
47
n/a
n/a
$385,931
5
4
56
n/a
n/a
$422,500
3
4
42
Sunsh ine Co ast
8
y
Burnab
er New W estmin st
Vanco uver E ast $348,700
$626,000
$876,500
885
270
955
$340,500
$615,000
$870,000
738
299
949
$310,000
n/a
$867,500
75
15
79
$328,000
$616,822
$880,000
124
53
148
$322,900
$589,500
$905,000
94
42
142
Vanco uver W est $480,000
$867,839
$2,075,500
2,544
382
927
$475,000
$840,500
$2,130,000
2,593
424
1,077
$495,500
$916,250
$2,030,000
247
40
75
$488,500
$811,500
$2,305,000
384
58
130
$482,500
$790,000
$2,160,800
335
47
133
$700,000
$1,154,400
$1,867,500
119
56
454
$797,500
$1,200,000
$1,850,000
107
60
489
n/a
n/a
$1,958,000
6
4
24
n/a
n/a
$1,948,000
16
15
79
n/a
n/a
$1,819,000
12
9
75
n/a
n/a
21
16
10
$229,000
$572,500
$973,800
108
154
74
$244,500
$500,000
$916,000
126
137
103
n/a
n/a
n/a
14
16
10
n/a
n/a
$872,500
15
19
26
$160,050
Sound Wes t V a n couve r/Howe
MLS® SALES Facts
Whistl er/Pem berton n/a
7,892
3,284
7,581
n/a
7,802
3,446
7,858
n/a
725
300
624
n/a
1,210
487
1,249
n/a
1,018
444
1,052
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
38%
47%
40%
Apartment
1,079
Attached
Attached
1,665
Detached
Detached
50%
Apartment
2,600
55%
Apartment
40%
960
Attached
Attached
1,618
Detached
Detached
33%
Apartment
2,258
52%
Apartment
27%
Attached
87
Attached
Detached
155
Detached
261
55%
Apartment
Apartment
69%
106
Attached
56%
218
Detached
Attached
76%
Apartment
Detached
52%
Attached
302
53%
Detached
Apartment
226
106
Attached
Apartment
198
Detached
Coquit lam 42%
51%
51%
1,193
583
1,596
43%
50%
51%
1,120
623
1,506
36%
40%
40%
113
57
145
49%
67%
72%
138
69
165
57%
66%
56%
104
53
177
Delta South 43%
63%
53%
198
86
626
43%
43%
51%
206
108
621
52%
56%
61%
21
9
62
62%
46%
59%
21
13
80
52%
69%
72%
27
16
57
Islands - Gulf n/a
50%
23%
0
2
113
n/a
0%
17%
0
1
112
n/a
0%
18%
0
1
11
n/a
n/a
14%
0
0
21
n/a
n/a
9%
0
0
11
43%
51%
45%
483
569
1,757
40%
44%
47%
464
555
1,627
60%
39%
40%
45
76
179
82%
51%
64%
38
76
196
44%
33%
49%
57
72
197
Maple R id g e/Pitt M eadow s 46%
50%
57%
1,237
185
364
48%
61%
51%
1,045
144
380
52%
56%
57%
111
16
30
57%
73%
68%
133
15
50
62%
100%
51%
111
9
45
* Year-to-date listings represent a cumulative total of listings rather than total active listings.
Year-to-date*
Jan. Aug. 2012
Year-to-date*
Jan. Aug. 2013
August 2012
July 2013
August 2013
Number of Listings
August 2013
2013
North Vanco uver 43%
48%
50%
1,315
458
1,406
42%
56%
54%
1,198
438
1,418
48%
42%
43%
99
33
119
54%
61%
85%
142
44
137
51%
100%
76%
126
38
100
Port C oquitla m 47%
60%
52%
466
279
562
40%
57%
56%
442
367
480
60%
81%
47%
30
21
58
64%
55%
96%
53
42
56
40%
107%
76%
58
30
50
Port M oody/B elcarra 43%
52%
41%
401
293
354
47%
49%
48%
362
248
361
72%
59%
34%
29
29
35
97%
58%
74%
31
19
38
42%
69%
96%
36
32
25
Richm ond 36%
42%
27%
2,229
1,266
2,655
48%
55%
40%
1,959
1,136
2,185
32%
41%
26%
206
133
234
62%
58%
51%
265
162
285
54%
66%
60%
201
142
226
Squam ish 20%
38%
37%
154
177
360
29%
51%
36%
107
156
312
27%
50%
34%
11
16
32
86%
89%
38%
7
9
37
38%
43%
41%
8
14
27
37%
36%
36%
98
87
991
46%
31%
35%
71
90
918
44%
17%
48%
9
18
97
83%
50%
57%
6
8
99
27%
50%
44%
11
8
95
Sunsh ine Co ast
20
52%
50%
46%
1,718
541
2,098
50%
53%
51%
1,488
566
1,854
52%
33%
40%
144
45
200
74%
64%
63%
167
83
236
67%
98%
68%
141
43
209
Vanco uver E ast
8
y
Burnab
er New W estmin st
Vanco uver W est 42%
39%
33%
6,081
981
2,793
50%
50%
46%
5,138
846
2,354
48%
47%
34%
517
86
221
64%
52%
45%
598
111
289
60%
64%
58%
556
73
229
Sound 42%
46%
36%
283
122
1,263
42%
48%
37%
255
126
1,310
26%
40%
22%
23
10
109
42%
94%
58%
38
16
137
41%
64%
63%
29
14
119
Wes t V a n couve r/Howe
MLS® LISTINGS Facts
39%
52%
29%
275
296
259
51%
62%
42%
249
221
243
52%
43%
27%
27
37
37
42%
61%
84%
36
31
31
78%
62%
37%
27
26
27
Whistl er/Pem berton n/a
18,731
7,004
18,862
n/a
16,362
6,585
17,299
n/a
1,646
674
1,724
n/a
1,975
804
2,075
n/a
1,718
676
1,792
Listing & Sales Activity Summary Listings
Sales
1 Aug 2012
2 Jul 2013
3 Aug 2013
5 Aug 2012
6 Jul 2013
7 Aug 2013
155 87 261
218 106 302
198 106 226
-9.2 0.0 -25.2
42 45 87
122 73 166
104 55 172
-14.8 -24.7 3.6
183 188 350
305 211 487
66.7 12.2 39.1
145 57 113
165 69 138
177 53 104
7.3 -23.2 -24.6
58 23 41
119 46 68
99 35 59
-16.8 -23.9 -13.2
226 96 146
322 134 194
42.5 39.6 32.9
62 9 21
80 13 21
57 16 27
-28.8 23.1 28.6
38 5 11
47 6 13
41 11 14
-12.8 83.3 7.7
110 20 34
152 19 46
38.2 -5.0 35.3
179 76 45
196 76 38
197 72 57
0.5 -5.3 50.0
71 30 27
126 39 31
97 24 25
-23.0 -38.5 -19.4
287 109 86
327 101 79
13.9 -7.3 -8.1
119 33 99
137 44 142
100 38 126
-27.0 -13.6 -11.3
51 14 48
117 27 77
76 38 64
-35.0 40.7 -16.9
184 61 172
292 105 208
58.7 72.1 20.9
30 16 111
50 15 133
45 9 111
-10.0 -40.0 -16.5
17 9 58
34 11 76
23 9 69
-32.4 -18.2 -9.2
77 32 217
86 29 206
11.7 -9.4 -5.1
35 29 29
38 19 31
25 32 36
-34.2 68.4 16.1
12 17 21
28 11 30
24 22 15
-14.3 100.0 -50.0
38 43 56
81 46 68
113.2 7.0 21.4
58 21 30
56 42 53
50 30 58
-10.7 -28.6 9.4
27 17 18
54 23 34
38 32 23
-29.6 39.1 -32.4
104 64 63
132 84 80
26.9 31.3 27.0
234 133 206
285 162 265
226 142 201
-20.7 -12.3 -24.2
60 54 65
146 94 165
136 94 109
-6.8 0.0 -33.9
196 168 279
397 260 395
102.6 54.8 41.6
97 18 9
99 8 6
95 8 11
-4.0 0.0 83.3
47 3 4
56 4 5
42 4 3
-25.0 0.0 -40.0
155 11 15
147 11 13
-5.2 0.0 -13.3
32 16 11
37 9 7
27 14 8
-27.0 55.6 14.3
11 8 3
14 8 6
11 6 3
-21.4 -25.0 -50.0
60 25 11
40 22 15
-33.3 -12.0 36.4
200 45 144
236 83 167
209 43 141
-11.4 -48.2 -15.6
79 15 75
148 53 124
142 42 94
-4.1 -20.8 -24.2
295 74 315
431 133 317
46.1 79.7 0.6
221 86 517
289 111 598
229 73 556
-20.8 -34.2 -7.0
75 40 247
130 58 384
133 47 335
2.3 -19.0 -12.8
260 132 854
408 168 1105
56.9 27.3 29.4
37 37 27
31 31 36
27 26 27
-12.9 -16.1 -25.0
10 16 14
26 19 15
10 16 21
-61.5 -15.8 40.0
29 64 44
48 48 44
65.5 -25.0 0.0
109 10 23
137 16 38
119 14 29
-13.1 -12.5 -23.7
24 4 6
79 15 16
75 9 12
-5.1 -40.0 -25.0
117 12 36
230 32 39
96.6 166.7 8.3
1713 673 1646
2054 804 1975
1781 676 1718
-13.3 -15.9 -13.0
622 300 725
1246 487 1210
1051 444 1018
-15.7 -8.8 -15.9
2321 1099 2678
3398 1403 3296
46.4 27.7 23.1
BURNABY DETACHED ATTACHED APARTMENTS
Col. 2 & 3 Percentage Variance
%
Col. 6 & 7 Percentage Variance
9 Jun 2012 Aug 2012
10 Jun 2013 Aug 2013
%
Col. 9 & 10 Percentage Variance
%
COQUITLAM DETACHED ATTACHED APARTMENTS
DELTA DETACHED ATTACHED APARTMENTS
MAPLE RIDGE/PITT MEADOWS DETACHED ATTACHED APARTMENTS
NORTH VANCOUVER DETACHED ATTACHED APARTMENTS
NEW WESTMINSTER DETACHED ATTACHED APARTMENTS
PORT MOODY/BELCARRA DETACHED ATTACHED APARTMENTS
PORT COQUITLAM DETACHED ATTACHED APARTMENTS
RICHMOND DETACHED ATTACHED APARTMENTS
SUNSHINE COAST DETACHED ATTACHED APARTMENTS
SQUAMISH DETACHED ATTACHED APARTMENTS
VANCOUVER EAST DETACHED ATTACHED APARTMENTS
VANCOUVER WEST DETACHED ATTACHED APARTMENTS
WHISTLER/PEMBERTON DETACHED ATTACHED APARTMENTS
WEST VANCOUVER/HOWE SOUND DETACHED ATTACHED APARTMENTS
GRAND TOTALS DETACHED ATTACHED APARTMENTS
0
200
400
600
800
1000
1200
1400
DETACHED
CONDOMINIUM
ATTACHED
APARTMENTS
$449,695
$575,424
$1,198,482
NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.
1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
IN THOUSANDS ($)
Residential Average Sale Prices - January 1977 to August 2013
Sales of apartment properties reached 1,018 in August 2013, an increase of 40.4 per cent compared to the 725 sales in August 2012, and an increase of 6.6 per cent compared to the 955 sales in August 2011. The benchmark price of an apartment property decreased 1.1 per cent from August 2012 to $366,100. Attached property sales in August 2013 totalled 444, an increase of 48 per cent compared to the 300 sales in August 2012, and a 10.2 per cent increase from the 403 attached properties sold in August 2011. The benchmark price of an attached unit decreased 1.1 per cent between August 2012 and 2013 to $457,000. -30The real estate industry is a key economic driver in British Columbia. In 2012, 25,032 homes changed ownership in the Board’s area generating $1.07 billion in economic spin-off activity and creating an estimated 7,125 jobs. The total dollar value of residential sales transacted throughout the MLS® system in Greater Vancouver totalled $18.6 billion in 2012. The Real Estate Board of Greater Vancouver is an association representing more than 11,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org.
For more information please contact:
Craig Munn Assistant Manager, Communication Real Estate Board of Greater Vancouver 604.730.3146 [email protected]
August 2013
*
Property Type
Area
Benchmark Price
Price Index
1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Change % Change % Change % Change % Change % Change %
Residential / Composite
Lower Mainland Greater Vancouver Bowen Island Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Sunshine Coast Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$542,300 $601,500 $557,200 $567,000 $516,900 $571,000 $499,000 $530,600 $388,100 $368,800 $649,600 $386,000 $394,000 $514,900 $572,700 $398,000 $336,200 $592,800 $608,400 $800,500 $1,576,000 $453,300
153.1 157.7 120.8 156.5 154.4 161.0 147.6 147.6 131.2 158.3 147.0 139.8 139.9 142.2 166.3 128.5 117.8 149.4 178.0 168.7 169.2 108.0
0.0% -0.1% -2.0% 0.2% 1.0% -0.1% -0.4% 0.5% 0.6% 0.7% 0.3% 0.8% 0.6% 1.2% 0.1% -0.2% -1.3% 0.3% -0.1% -0.8% 0.7% -0.6%
0.5% 0.5% 0.3% 0.8% 1.2% 1.6% 0.1% 0.1% 0.8% 0.0% -0.1% 1.3% 0.9% 0.9% 0.7% 2.8% 0.8% 1.1% 0.1% 0.5% 0.5% 5.0%
1.7% 1.9% -4.3% 2.4% 1.0% 3.1% 1.0% -0.8% 0.9% 2.3% 2.3% 0.7% 1.4% 2.8% 2.3% 1.4% -4.4% 0.7% 2.8% 2.4% 2.2% 3.3%
-1.1% -1.3% -6.5% 1.0% 0.9% -0.2% -1.3% -3.3% -0.5% 0.5% -0.7% 2.6% -0.6% 0.2% -0.8% -2.1% -8.2% -2.4% -0.8% -0.3% -1.5% -6.2%
5.3% 5.8% -10.0% 6.2% 5.8% 9.2% 5.3% 2.1% -0.5% 6.4% 5.7% 1.6% 0.2% 3.4% 5.0% -1.6% -12.1% 3.5% 12.4% 8.3% 23.2% -9.6%
6.5% 8.8% -12.4% 9.4% 7.3% 12.0% 4.0% 6.6% -5.9% 5.7% 5.5% -1.4% -3.5% 1.6% 13.4% -7.4% -14.7% 6.7% 17.1% 15.0% 15.9% -19.9%
Single Family Detached
Lower Mainland Greater Vancouver Bowen Island Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Sunshine Coast Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$758,100 $923,700 $557,200 $753,100 $931,100 $970,800 $710,000 $615,000 $463,400 $667,500 $953,000 $508,500 $552,200 $843,000 $945,100 $499,400 $334,800 $713,400 $849,100 $2,079,900 $1,862,100 $900,900
161.1 170.7 120.8 168.4 179.7 186.1 157.3 148.4 131.7 165.6 152.1 141.9 147.5 156.2 190.3 134.9 117.3 153.6 187.5 213.7 177.3 124.7
0.2% 0.4% -2.0% -0.1% 1.7% 0.2% 0.1% 0.1% 0.6% 0.0% 1.1% 0.6% 0.3% 1.2% 0.1% 1.5% -1.2% -0.3% 0.5% 0.5% 0.0% 1.5%
0.6% 0.7% 0.3% -0.1% 2.7% 0.9% 0.6% 0.8% 0.2% 0.1% 0.2% 1.6% 0.9% 1.5% 0.8% 4.2% 0.7% 1.4% 1.4% 0.6% 0.2% 3.7%
2.3% 2.5% -4.3% 3.1% 2.3% 5.6% 1.7% -1.7% 1.7% 2.4% 3.1% 2.0% 1.2% 4.3% 1.9% -0.1% -4.5% 1.1% 4.5% 3.9% 2.7% 0.4%
-1.2% -2.0% -6.5% -0.2% 1.9% -3.5% -0.7% -3.5% 0.1% -0.8% -0.3% 2.5% -1.3% -0.6% -3.1% -0.7% -8.2% -2.1% -1.2% -1.7% -1.7% 7.0%
10.5% 12.4% -10.0% 14.4% 16.0% 22.5% 10.5% 3.0% 1.1% 11.4% 9.7% 1.6% 5.0% 10.4% 11.1% 5.9% -12.5% 7.0% 20.3% 17.7% 28.2% 5.3%
14.6% 19.1% -12.4% 21.3% 26.4% 31.3% 12.9% 9.0% -2.9% 19.3% 10.8% 5.0% 5.4% 10.6% 27.2% -2.0% -15.1% 10.7% 29.7% 36.2% 20.6% -9.7%
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.
* MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association
1 of 11
August 2013
*
Property Type
Area
Benchmark Price
Price Index
1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Change % Change % Change % Change % Change % Change %
Townhouse
Lower Mainland Greater Vancouver Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Tsawwassen Vancouver East Vancouver West Whistler
$390,400 $457,000 $416,300 $390,700 $408,000 $383,000 $438,800 $273,200 $389,700 $585,300 $313,200 $364,900 $406,300 $496,200 $337,000 $448,300 $516,600 $696,300 $455,900
141.7 148.3 149.3 145.7 146.4 140.7 145.4 132.7 146.4 140.1 135.5 138.9 137.3 160.4 122.3 138.6 170.3 157.5 122.8
0.1% 0.1% -0.1% 1.0% 0.7% 0.6% -0.1% 0.3% -0.6% 0.7% 0.1% -0.6% 1.0% 0.1% -0.1% -0.3% -0.2% -1.4% 0.7%
0.3% 0.5% 1.9% -1.2% 1.0% 0.2% -3.5% 2.1% -1.0% 0.8% -1.7% 0.6% 1.1% 0.8% 4.2% -3.7% -0.3% 0.0% 6.2%
0.4% 0.3% 2.5% -1.6% -1.0% -0.4% 0.9% 0.0% 2.1% -0.1% -2.4% -0.1% -1.3% 1.5% 2.2% 1.0% 0.9% -0.6% 5.6%
-1.4% -1.1% -0.9% -1.6% -2.0% 0.1% -2.4% -0.3% 0.1% -0.8% -2.6% 0.1% -0.4% -1.2% -5.0% -2.3% 0.8% 1.1% -1.1%
0.1% 1.5% 3.7% -2.9% 0.8% 1.7% 2.9% -3.2% 3.1% -0.6% -2.0% -1.1% -0.6% 3.6% -3.2% -2.6% 8.0% 6.1% 8.4%
0.1% 3.8% 4.3% 1.5% 4.8% 0.9% 2.8% -7.2% 3.6% 1.6% -5.6% -2.8% -3.8% 11.5% -11.0% -2.0% 9.7% 10.8% -8.0%
Apartment
Lower Mainland Greater Vancouver Burnaby East Burnaby North Burnaby South Coquitlam Ladner Maple Ridge New Westminster North Vancouver Pitt Meadows Port Coquitlam Port Moody Richmond Squamish Tsawwassen Vancouver East Vancouver West West Vancouver Whistler
$336,000 $366,100 $379,100 $333,100 $377,300 $244,500 $310,300 $174,500 $275,000 $349,500 $237,100 $219,100 $323,700 $347,400 $247,800 $328,300 $304,000 $469,300 $617,400 $212,200
147.4 148.0 143.9 140.8 151.5 134.6 147.1 127.2 157.2 141.9 140.1 129.9 134.9 147.3 119.2 138.1 167.7 151.9 134.9 76.2
-0.3% -0.6% 2.3% 0.5% -0.6% -1.7% 2.9% 1.0% 1.2% -1.1% 1.4% 2.0% 1.0% 0.1% -5.8% 2.6% -0.8% -1.4% 4.5% -5.2%
0.2% 0.1% 1.2% 0.8% 1.6% -0.9% 1.4% 2.0% 0.1% -0.8% 2.9% 0.9% -0.2% 0.4% -1.2% 1.0% -1.5% 0.4% 1.7% 1.2%
1.4% 1.6% 2.6% 0.5% 2.6% 0.1% 0.8% -1.6% 2.3% 1.8% 1.2% 2.6% 4.3% 3.5% 5.7% -0.8% 0.8% 1.6% -0.7% 4.2%
-1.1% -1.1% 11.0% 0.9% 2.7% -3.4% -3.5% -3.9% 1.2% -1.7% 7.2% -0.4% 0.7% 2.1% -3.4% -4.0% -1.1% -0.3% 0.7% -14.2%
0.5% 0.4% -6.6% 1.1% 3.7% -2.5% -1.5% -3.6% 4.9% 2.5% 5.3% -5.7% 0.5% -1.5% -16.0% -6.4% 2.9% 2.9% 1.6% -38.3%
-1.1% 0.5% -7.9% -3.2% 3.6% -8.6% 2.9% -16.0% 1.8% -0.1% -7.5% -15.0% -1.0% 0.9% -15.8% -3.4% 3.9% 5.5% -4.7% -43.1%
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 11
Aug 2013 Jun 2013 Apr 2013 Feb 2013 Dec 2012 Oct 2012 Aug 2012 Apartment
Jun 2012 Apr 2012 Feb 2012 Dec 2011
Townhouse
Aug 2011 Jun 2011 Apr 2011 Feb 2011
Detached
Dec 2010 Oct 2010 Aug 2010 Jun 2010
Residential
Apr 2010 Feb 2010 Dec 2009 Oct 2009 Aug 2009 Jun 2009 Apr 2009 Feb 2009 Dec 2008 Oct 2008 60
80
100
120 Price Index
140
160
180
Aug 2008 200
Jan 2005 HPI = 100
C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
Greater Vancouver 5 Year Trend
Oct 2011
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
Number of Sales
Median Selling Price
$927,000
$472,000
$366,570
Attached
Apartment
509
Attached
Detached
637
Detached
1,034
$365,000
Apartment
Apartment
$480,000
Attached
528
Attached
$910,000
651
Detached
Detached
$360,900
Apartment
1,123
$435,000
Attached
Apartment
$934,500
45
Attached
Detached
42
Detached
87
$375,000
Apartment
Apartment
$479,900
73
Attached
$920,000
122
Detached
Attached
$390,000
Apartment
Detached
$497,000
Attached
166
$899,000
Detached
Apartment
172
55
Attached
Apartment
104
Detached
Coquit lam $285,000
$464,900
$740,000
500
299
821
$289,400
$437,750
$707,250
487
310
772
$279,000
$455,000
$719,000
41
23
58
$307,250
$455,029
$671,250
68
46
119
$291,000
$430,000
$729,000
59
35
99
Delta South $336,000
$433,277
$686,500
86
54
332
$326,500
$407,500
$663,500
88
46
318
n/a
n/a
$689,500
11
5
38
n/a
n/a
$664,000
13
6
47
n/a
n/a
$696,000
14
11
41
Islands - Gulf n/a
n/a
$391,000
0
1
26
n/a
n/a
n/a
0
0
19
n/a
n/a
n/a
0
0
2
n/a
n/a
n/a
0
0
3
n/a
n/a
n/a
0
0
1
$216,000
$292,000
$480,000
209
293
792
$205,000
$300,000
$480,000
185
246
763
$233,600
$277,500
$456,000
27
30
71
$220,000
$295,000
$513,551
31
39
126
$187,700
$277,000
$483,000
25
24 69
9
23
$308,875
$425,000
$672,000
572
93
209
$285,000
$443,000
$688,200
505
88
194
$308,250
n/a
n/a
58
9
17
$304,000
n/a
$685,750
76
11
34
$265,000
n/a
$680,500
Maple R id g e/Pitt M eadow s 97
$375,000
$650,000
$1,015,500
569
220
706
$373,500
$625,000
$952,000
498
244
771
$360,000
n/a
$1,060,000
48
14
51
$381,250
$588,000
$948,475
77
27
117
$369,000
$644,750
$1,021,000
64
38
76
North Vanco uver
Note: Median Selling Prices are not reported for areas with less than 20 sales or for the Gulf Islands
Year-to-date
Jan. Aug. 2012
Year-to-date
Jan. Aug. 2013
August 2012
July 2013
August 2013
Number of Sales
August 2013
2013
Port C oquitla m $240,750
$390,000
$545,000
220
168
293
$229,750
$369,400
$541,500
177
210
270
n/a
n/a
$568,500
18
17
27
$217,500
$403,500
$537,450
34
23
54
$239,525
$356,850
$549,250
23
32
38
Port M oody/B elcarra $334,000
$447,500
$780,000
171
151
146
$336,000
$425,500
$792,500
169
121
172
$342,000
n/a
n/a
21
17
12
$331,000
n/a
$814,750
30
11
28
n/a
$399,950
$1,004,000
15
22
24
Richm ond $340,500
$528,500
$980,000
808
535
723
$338,400
$501,000
$927,000
942
625
874
$341,000
$533,750
$937,500
65
54
60
$320,500
$492,827
$935,500
165
94
146
$343,000
$520,000
$960,000
109
94
136
$258,000
$350,000
$500,000
31
68
134
$215,000
$362,887
$497,500
31
80
112
n/a
n/a
n/a
3
8
11
n/a
n/a
n/a
6
8
14
n/a
n/a
n/a
3
6
11
Squam ish
20
$238,000
$286,500
$399,500
36
31
352
$294,500
$248,700
$385,000
33
28
324
n/a
n/a
$410,000
4
3
47
n/a
n/a
$385,931
5
4
56
n/a
n/a
$422,500
3
4
42
Sunsh ine Co ast
8
y
Burnab
er New W estmin st
Vanco uver E ast $348,700
$626,000
$876,500
885
270
955
$340,500
$615,000
$870,000
738
299
949
$310,000
n/a
$867,500
75
15
79
$328,000
$616,822
$880,000
124
53
148
$322,900
$589,500
$905,000
94
42
142
Vanco uver W est $480,000
$867,839
$2,075,500
2,544
382
927
$475,000
$840,500
$2,130,000
2,593
424
1,077
$495,500
$916,250
$2,030,000
247
40
75
$488,500
$811,500
$2,305,000
384
58
130
$482,500
$790,000
$2,160,800
335
47
133
$700,000
$1,154,400
$1,867,500
119
56
454
$797,500
$1,200,000
$1,850,000
107
60
489
n/a
n/a
$1,958,000
6
4
24
n/a
n/a
$1,948,000
16
15
79
n/a
n/a
$1,819,000
12
9
75
n/a
n/a
21
16
10
$229,000
$572,500
$973,800
108
154
74
$244,500
$500,000
$916,000
126
137
103
n/a
n/a
n/a
14
16
10
n/a
n/a
$872,500
15
19
26
$160,050
Sound Wes t V a n couve r/Howe
MLS® SALES Facts
Whistl er/Pem berton n/a
7,892
3,284
7,581
n/a
7,802
3,446
7,858
n/a
725
300
624
n/a
1,210
487
1,249
n/a
1,018
444
1,052
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
Number of Listings
% Sales to Listings
38%
47%
40%
Apartment
1,079
Attached
Attached
1,665
Detached
Detached
50%
Apartment
2,600
55%
Apartment
40%
960
Attached
Attached
1,618
Detached
Detached
33%
Apartment
2,258
52%
Apartment
27%
Attached
87
Attached
Detached
155
Detached
261
55%
Apartment
Apartment
69%
106
Attached
56%
218
Detached
Attached
76%
Apartment
Detached
52%
Attached
302
53%
Detached
Apartment
226
106
Attached
Apartment
198
Detached
Coquit lam 42%
51%
51%
1,193
583
1,596
43%
50%
51%
1,120
623
1,506
36%
40%
40%
113
57
145
49%
67%
72%
138
69
165
57%
66%
56%
104
53
177
Delta South 43%
63%
53%
198
86
626
43%
43%
51%
206
108
621
52%
56%
61%
21
9
62
62%
46%
59%
21
13
80
52%
69%
72%
27
16
57
Islands - Gulf n/a
50%
23%
0
2
113
n/a
0%
17%
0
1
112
n/a
0%
18%
0
1
11
n/a
n/a
14%
0
0
21
n/a
n/a
9%
0
0
11
43%
51%
45%
483
569
1,757
40%
44%
47%
464
555
1,627
60%
39%
40%
45
76
179
82%
51%
64%
38
76
196
44%
33%
49%
57
72
197
Maple R id g e/Pitt M eadow s 46%
50%
57%
1,237
185
364
48%
61%
51%
1,045
144
380
52%
56%
57%
111
16
30
57%
73%
68%
133
15
50
62%
100%
51%
111
9
45
* Year-to-date listings represent a cumulative total of listings rather than total active listings.
Year-to-date*
Jan. Aug. 2012
Year-to-date*
Jan. Aug. 2013
August 2012
July 2013
August 2013
Number of Listings
August 2013
2013
North Vanco uver 43%
48%
50%
1,315
458
1,406
42%
56%
54%
1,198
438
1,418
48%
42%
43%
99
33
119
54%
61%
85%
142
44
137
51%
100%
76%
126
38
100
Port C oquitla m 47%
60%
52%
466
279
562
40%
57%
56%
442
367
480
60%
81%
47%
30
21
58
64%
55%
96%
53
42
56
40%
107%
76%
58
30
50
Port M oody/B elcarra 43%
52%
41%
401
293
354
47%
49%
48%
362
248
361
72%
59%
34%
29
29
35
97%
58%
74%
31
19
38
42%
69%
96%
36
32
25
Richm ond 36%
42%
27%
2,229
1,266
2,655
48%
55%
40%
1,959
1,136
2,185
32%
41%
26%
206
133
234
62%
58%
51%
265
162
285
54%
66%
60%
201
142
226
Squam ish 20%
38%
37%
154
177
360
29%
51%
36%
107
156
312
27%
50%
34%
11
16
32
86%
89%
38%
7
9
37
38%
43%
41%
8
14
27
37%
36%
36%
98
87
991
46%
31%
35%
71
90
918
44%
17%
48%
9
18
97
83%
50%
57%
6
8
99
27%
50%
44%
11
8
95
Sunsh ine Co ast
20
52%
50%
46%
1,718
541
2,098
50%
53%
51%
1,488
566
1,854
52%
33%
40%
144
45
200
74%
64%
63%
167
83
236
67%
98%
68%
141
43
209
Vanco uver E ast
8
y
Burnab
er New W estmin st
Vanco uver W est 42%
39%
33%
6,081
981
2,793
50%
50%
46%
5,138
846
2,354
48%
47%
34%
517
86
221
64%
52%
45%
598
111
289
60%
64%
58%
556
73
229
Sound 42%
46%
36%
283
122
1,263
42%
48%
37%
255
126
1,310
26%
40%
22%
23
10
109
42%
94%
58%
38
16
137
41%
64%
63%
29
14
119
Wes t V a n couve r/Howe
MLS® LISTINGS Facts
39%
52%
29%
275
296
259
51%
62%
42%
249
221
243
52%
43%
27%
27
37
37
42%
61%
84%
36
31
31
78%
62%
37%
27
26
27
Whistl er/Pem berton n/a
18,731
7,004
18,862
n/a
16,362
6,585
17,299
n/a
1,646
674
1,724
n/a
1,975
804
2,075
n/a
1,718
676
1,792
Listing & Sales Activity Summary Listings
Sales
1 Aug 2012
2 Jul 2013
3 Aug 2013
5 Aug 2012
6 Jul 2013
7 Aug 2013
155 87 261
218 106 302
198 106 226
-9.2 0.0 -25.2
42 45 87
122 73 166
104 55 172
-14.8 -24.7 3.6
183 188 350
305 211 487
66.7 12.2 39.1
145 57 113
165 69 138
177 53 104
7.3 -23.2 -24.6
58 23 41
119 46 68
99 35 59
-16.8 -23.9 -13.2
226 96 146
322 134 194
42.5 39.6 32.9
62 9 21
80 13 21
57 16 27
-28.8 23.1 28.6
38 5 11
47 6 13
41 11 14
-12.8 83.3 7.7
110 20 34
152 19 46
38.2 -5.0 35.3
179 76 45
196 76 38
197 72 57
0.5 -5.3 50.0
71 30 27
126 39 31
97 24 25
-23.0 -38.5 -19.4
287 109 86
327 101 79
13.9 -7.3 -8.1
119 33 99
137 44 142
100 38 126
-27.0 -13.6 -11.3
51 14 48
117 27 77
76 38 64
-35.0 40.7 -16.9
184 61 172
292 105 208
58.7 72.1 20.9
30 16 111
50 15 133
45 9 111
-10.0 -40.0 -16.5
17 9 58
34 11 76
23 9 69
-32.4 -18.2 -9.2
77 32 217
86 29 206
11.7 -9.4 -5.1
35 29 29
38 19 31
25 32 36
-34.2 68.4 16.1
12 17 21
28 11 30
24 22 15
-14.3 100.0 -50.0
38 43 56
81 46 68
113.2 7.0 21.4
58 21 30
56 42 53
50 30 58
-10.7 -28.6 9.4
27 17 18
54 23 34
38 32 23
-29.6 39.1 -32.4
104 64 63
132 84 80
26.9 31.3 27.0
234 133 206
285 162 265
226 142 201
-20.7 -12.3 -24.2
60 54 65
146 94 165
136 94 109
-6.8 0.0 -33.9
196 168 279
397 260 395
102.6 54.8 41.6
97 18 9
99 8 6
95 8 11
-4.0 0.0 83.3
47 3 4
56 4 5
42 4 3
-25.0 0.0 -40.0
155 11 15
147 11 13
-5.2 0.0 -13.3
32 16 11
37 9 7
27 14 8
-27.0 55.6 14.3
11 8 3
14 8 6
11 6 3
-21.4 -25.0 -50.0
60 25 11
40 22 15
-33.3 -12.0 36.4
200 45 144
236 83 167
209 43 141
-11.4 -48.2 -15.6
79 15 75
148 53 124
142 42 94
-4.1 -20.8 -24.2
295 74 315
431 133 317
46.1 79.7 0.6
221 86 517
289 111 598
229 73 556
-20.8 -34.2 -7.0
75 40 247
130 58 384
133 47 335
2.3 -19.0 -12.8
260 132 854
408 168 1105
56.9 27.3 29.4
37 37 27
31 31 36
27 26 27
-12.9 -16.1 -25.0
10 16 14
26 19 15
10 16 21
-61.5 -15.8 40.0
29 64 44
48 48 44
65.5 -25.0 0.0
109 10 23
137 16 38
119 14 29
-13.1 -12.5 -23.7
24 4 6
79 15 16
75 9 12
-5.1 -40.0 -25.0
117 12 36
230 32 39
96.6 166.7 8.3
1713 673 1646
2054 804 1975
1781 676 1718
-13.3 -15.9 -13.0
622 300 725
1246 487 1210
1051 444 1018
-15.7 -8.8 -15.9
2321 1099 2678
3398 1403 3296
46.4 27.7 23.1
BURNABY DETACHED ATTACHED APARTMENTS
Col. 2 & 3 Percentage Variance
%
Col. 6 & 7 Percentage Variance
9 Jun 2012 Aug 2012
10 Jun 2013 Aug 2013
%
Col. 9 & 10 Percentage Variance
%
COQUITLAM DETACHED ATTACHED APARTMENTS
DELTA DETACHED ATTACHED APARTMENTS
MAPLE RIDGE/PITT MEADOWS DETACHED ATTACHED APARTMENTS
NORTH VANCOUVER DETACHED ATTACHED APARTMENTS
NEW WESTMINSTER DETACHED ATTACHED APARTMENTS
PORT MOODY/BELCARRA DETACHED ATTACHED APARTMENTS
PORT COQUITLAM DETACHED ATTACHED APARTMENTS
RICHMOND DETACHED ATTACHED APARTMENTS
SUNSHINE COAST DETACHED ATTACHED APARTMENTS
SQUAMISH DETACHED ATTACHED APARTMENTS
VANCOUVER EAST DETACHED ATTACHED APARTMENTS
VANCOUVER WEST DETACHED ATTACHED APARTMENTS
WHISTLER/PEMBERTON DETACHED ATTACHED APARTMENTS
WEST VANCOUVER/HOWE SOUND DETACHED ATTACHED APARTMENTS
GRAND TOTALS DETACHED ATTACHED APARTMENTS
0
200
400
600
800
1000
1200
1400
DETACHED
CONDOMINIUM
ATTACHED
APARTMENTS
$449,695
$575,424
$1,198,482
NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.
1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
IN THOUSANDS ($)
Residential Average Sale Prices - January 1977 to August 2013
