REBGV Stats Package, June 2012 - Lisa MacIntosh
News Release FOR IMMEDIATE RELEASE
Greater Vancouver housing market favoured buyers in June VANCOUVER, B.C. – July 4, 2012 – The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sales in June 2011 and a 17.2 per cent decline compared to the 2,853 sales in May 2012. June sales were the lowest total for the month in the region since 2000 and 32.2 per cent below the 10-year June sales average of 3,484. “Overall conditions have trended in favour of buyers in our marketplace in recent months,” Eugen Klein, REBGV president said. “This means buyers are facing less competition and have more selection to choose from compared to earlier in the year.” New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,617 in June. This represents a 3 per cent decline compared to June 2011 when 5,793 properties were listed for sale on the MLS® and an 18.9 per cent decline compared to the 6,927 new listings reported in May 2012. At 18,493, the total number of residential property listings on the MLS® increased 22 per cent from this time last year and increased 3.7 per cent compared to May 2012. “Today, our sales-to-active-listings ratio sits at 13 per cent, which puts us in the lower end of a balanced market. This ratio has been declining in our market since March when it was 19 per cent,” Klein said. The MLSLink® Housing Price Index (HPI) composite benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 1.7% and declined 0.7% compared to last month. Sales of detached properties on the MLS® in June 2012 reached 921, a decrease of 37.4 per cent from the 1,471 detached sales recorded in June 2011, and a 19.1 per cent decrease from the 1,139 units sold in June 2010. The benchmark price for detached properties increased 3.3 per cent from June 2011 to $961,600. Sales of apartment properties reached 1,026 in June 2012, a 19 per cent decrease compared to the 1,266 sales in June 2011, and a decrease of 18.4 per cent compared to the 1,258 sales in June 2010. The benchmark price of an apartment property increased 0.3 per cent from June 2011 to $376,200. Attached property sales in June 2012 totalled 415, a 21 per cent decrease compared to the 525 sales in June 2011, and a 27.8 per cent decrease from the 575 attached properties sold in June 2010. The benchmark price of an attached unit decreased 0.1 per cent between June 2011 and 2012 to $468,400.
-30The real estate industry is a key economic driver in British Columbia. In 2011, 32,390 homes changed ownership in the Board’s area, generating $1.36 billion in spin-off activity and 9,069 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $25 billion in 2011. The Real Estate Board of Greater Vancouver is an association representing 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, Communications Real Estate Board of Greater Vancouver Phone: (604) 730-3146 Fax: (604) 730-3102 E-mail: [email protected]
also available at www.realtylink.org
June 2012
*
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
$555,800 $620,600 $624,500 $571,700 $528,300 $583,800 $511,600 $551,800 $392,000 $372,100 $660,300 $377,500 $404,700 $513,100 $589,600 $404,800 $371,600 $616,200 $621,700 $822,800 $1,645,000 $594,400
156.9 162.7 135.4 157.8 157.8 164.6 151.3 153.5 132.5 159.7 149.4 136.7 143.7 141.7 171.2 130.7 130.2 155.3 181.9 173.4 176.6 163.9
-0.4% -0.7% -0.1% -0.4% 0.1% 0.0% -0.1% -1.5% -0.1% 0.0% -0.5% -0.3% -1.0% 0.4% -1.2% 0.2% 0.9% 0.5% 0.6% -2.1% -0.5% 0.8%
0.8% 0.6% 3.2% 0.4% 1.5% 1.0% 2.2% 0.5% -0.1% 1.0% 1.4% -0.6% -0.3% 3.1% -1.2% 4.1% 1.9% 1.6% 1.9% -0.3% 2.4% 3.6%
2.7% 2.6% 11.1% 2.5% 3.1% 2.5% 4.1% 4.3% 0.8% 4.2% 3.8% -0.1% 1.1% 5.2% -0.6% 6.4% 2.3% 4.4% 4.7% 2.5% 7.1% 7.1%
1.9% 1.7% 3.8% 2.9% 1.0% 0.2% 2.1% 2.3% -2.1% 2.3% 4.8% -3.0% -0.5% 2.7% -1.0% 2.8% 0.9% 4.4% 5.2% 1.5% 8.5% 2.2%
18.3% 21.3% 9.1% 17.4% 18.3% 22.8% 18.2% 18.8% 5.5% 15.9% 17.9% 4.8% 9.3% 11.5% 25.6% 2.5% 2.0% 18.9% 28.0% 24.7% 44.6% 27.4%
13.4% 17.6% -0.5% 13.6% 14.4% 20.4% 11.0% 16.7% -1.3% 11.3% 10.7% -1.7% 3.6% 4.3% 25.6% 3.7% -4.1% 17.0% 27.6% 22.7% 24.2% 30.9%
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
$777,900 $961,600 $624,500 $760,700 $948,700 $1,013,600 $722,700 $640,300 $466,200 $682,800 $977,400 $501,300 $565,000 $843,600 $998,700 $502,700 $369,900 $740,800 $865,000 $2,203,500 $1,946,100 $824,000
165.3 177.7 135.4 170.1 183.1 194.3 160.1 154.5 132.5 169.4 156.0 139.9 150.9 156.3 201.1 135.8 129.6 159.5 191.0 226.4 185.3 122.4
-0.2% -0.6% -0.1% -0.9% 0.4% 1.1% 0.5% -2.3% 0.1% -0.6% -0.6% -0.4% 0.3% 0.3% -2.0% -0.3% 0.8% 0.3% 0.3% -2.0% -0.1% -0.4%
1.0% 0.7% 3.2% 0.4% 3.3% 4.3% 3.6% -0.2% 0.5% 0.4% 2.0% -0.9% 2.5% 3.8% -2.5% 1.8% 1.7% 1.5% 2.3% -1.2% 2.3% -0.4%
3.4% 3.4% 11.2% 4.8% 5.6% 7.1% 6.1% 4.2% 1.8% 4.6% 3.6% 0.0% 3.9% 5.2% -0.5% 0.4% 2.0% 4.5% 4.5% 3.9% 7.8% -2.9%
3.4% 3.3% 3.8% 5.9% 5.2% 5.8% 5.3% 3.6% -0.9% 3.5% 6.8% -1.0% 2.4% 2.7% -2.7% 1.2% 0.5% 6.3% 7.1% 3.2% 9.9% -6.8%
27.7% 34.7% 9.1% 27.1% 35.6% 44.9% 25.7% 21.4% 8.2% 26.5% 24.7% 9.6% 18.7% 22.8% 44.8% 9.0% 1.6% 23.1% 40.4% 57.6% 52.6% -3.6%
21.2% 29.4% -0.5% 24.3% 33.9% 43.4% 18.6% 17.9% 1.5% 24.2% 15.9% 3.7% 11.8% 14.6% 45.0% 6.4% -4.5% 20.7% 38.7% 52.2% 29.7% -1.7%
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 10
June 2012
*
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
$415,598 $468,400 $422,100 $400,900 $423,300 $382,800 $451,500 $275,600 $401,200 $595,800 $322,200 $372,700 $410,700 $504,200 $348,600 $472,200 $521,700 $713,100 $468,000
145.3 152.0 151.4 149.5 151.9 140.6 149.6 133.9 150.7 142.6 139.4 141.9 138.8 163.0 126.5 146.0 172.0 161.3 143.0
0.9% -0.3% 0.3% 0.7% -0.3% -0.1% -1.5% 0.1% 0.9% -1.0% 0.3% -1.6% 0.9% -1.0% -1.4% -0.8% 0.5% 0.4% -1.9%
-0.5% 0.5% 0.7% -2.0% 1.8% 0.9% 0.5% 0.2% 1.0% -1.5% 1.5% -2.4% 2.1% 0.4% 3.4% 1.0% 0.2% 3.1% 2.5%
0.4% 1.2% 0.3% -4.2% 0.1% 2.0% 2.2% -0.6% 4.6% 1.6% -0.9% -0.7% 3.4% -0.9% 15.3% 2.6% 4.2% 4.2% 17.2%
3.6% -0.1% 1.7% -6.6% -0.7% -1.0% -1.8% -3.5% 1.7% 2.7% -4.3% -0.7% -2.1% -1.1% 2.2% -7.1% 5.3% 4.8% 3.4%
10.5% 15.0% 14.4% 11.2% 14.6% 10.1% 13.0% 2.3% 15.0% 13.5% 5.0% 8.3% 8.4% 22.6% -0.6% 10.3% 16.5% 21.1% 12.3%
13.5% 12.6% 11.6% 8.0% 13.9% 5.3% 14.2% -3.7% 12.0% 7.9% -0.3% 3.7% 2.6% 23.5% 4.3% 11.5% 19.0% 18.0% 17.9%
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
$344,000 $376,200 $366,500 $340,900 $379,600 $258,300 $324,700 $178,900 $275,000 $352,200 $218,300 $227,900 $319,200 $350,000 $258,600 $344,200 $313,400 $477,000 $633,900 $255,000
150.9 152.1 139.1 144.1 152.4 142.2 153.9 130.4 157.2 143.0 129.0 135.1 133.0 148.4 124.4 144.8 172.9 154.4 138.5 234.0
-0.7% -0.9% -0.5% -0.3% -0.5% -1.1% 1.9% -1.2% 0.1% -0.1% -0.2% -2.7% -0.2% -0.4% 3.6% 1.3% 0.9% -2.3% -2.4% 3.7%
0.5% 0.5% 0.8% 1.6% -1.2% 0.4% 3.4% -3.7% 1.2% 1.9% -1.6% -2.7% 3.1% -0.9% 12.5% 2.4% 1.8% -0.1% 3.4% 4.0%
2.4% 2.2% 2.7% 3.9% 0.2% 1.8% 3.1% -1.4% 3.8% 4.6% 0.9% -1.6% 6.2% -0.9% 15.9% 2.8% 5.3% 1.6% 2.7% 2.0%
0.5% 0.3% -1.6% 0.7% -4.0% -2.1% 2.8% -4.7% 1.7% 2.4% -3.7% -4.9% 6.2% 0.3% 8.5% 1.0% 2.9% -0.1% 0.6% -1.9%
9.7% 11.2% -1.5% 9.2% 13.3% 10.4% 15.6% -1.8% 12.4% 11.1% -2.9% -1.7% 5.3% 8.9% -5.7% 8.8% 15.8% 11.6% 11.0% 77.4%
5.8% 8.3% -7.0% 3.7% 10.1% 1.7% 14.5% -10.8% 7.2% 4.9% -11.8% -6.9% -2.3% 8.2% -4.0% 7.7% 16.0% 10.7% -0.5% 80.6%
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 10
Jun 2012 Apr 2012 Feb 2012 Dec 2011 Oct 2011 Aug 2011 Jun 2011 Apartment
Apr 2011 Feb 2011 Dec 2010 Oct 2010
Townhouse
Apr 2010 Feb 2010 Dec 2009
Detached
Oct 2009 Aug 2009 Jun 2009 Apr 2009
Residential
Feb 2009 Dec 2008 Oct 2008 Aug 2008 Jun 2008 Apr 2008 Feb 2008 Dec 2007 Oct 2007 Aug 2007 90
100
110
120
130
140
150
160
170
180
Jun 2007 190
Jan 2005 HPI = 100
C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
Jun 2010
Price Index
Greater Vancouver 5 Year Trend
Aug 2010
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
$888,000
$485,500
$352,000
Attached
Apartment
491
Attached
Detached
775
Detached
1,010
$371,000
Apartment
Apartment
$487,950
Attached
394
Attached
$930,000
537
Detached
Detached
$362,000
Apartment
816
$475,000
Apartment
$929,400
Attached
92
Attached
Detached
120
Detached
196
$379,000
Apartment
Apartment
$467,000
72
Attached
$965,000
101
Detached
Attached
$354,000
Apartment
Detached
$508,000
Attached
160
$990,000
Detached
Apartment
132
73
Attached
Apartment
83
Detached
2012
Coquit lam $290,000
$450,400
$715,000
390
331
763
$285,500
$460,250
$744,750
401
248
696
$299,900
$450,000
$741,450
83
47
147
$286,125
$483,000
$735,000
68
47
121
$270,000
$464,000
$738,000
47
45
101
Delta South $332,000
$439,000
$649,500
82
45
383
$335,000
$450,000
$701,000
67
44
263
n/a
n/a
$652,750
16
9
62
n/a
n/a
$659,000
12
8
59
n/a
n/a
$664,000
15
10
41
Islands - Gulf n/a
n/a
n/a
0
1
16
n/a
n/a
$407,000
0
1
21
n/a
n/a
n/a
0
0
5
n/a
n/a
n/a
0
0
8
n/a
n/a
n/a
0
0
6
$213,000
$310,000
$476,700
153
285
604
$217,000
$294,000
$485,000
149
228
613
$208,500
$310,000
$487,991
35
48
123
$214,500
$290,450
$485,000
29
48
136
$207,500
$288,000
$491,750
26
44 85
9
37
$301,250
$404,500
$618,888
491
82
194
$310,000
$427,000
$672,000
440
70
169
$289,950
n/a
$632,500
113
17
36
$324,000
n/a
$715,000
87
19
31
$321,500
n/a
$650,000
Maple R id g e/Pitt M eadow s 108
$369,900
$630,000
$927,500
479
224
726
$377,990
$659,950
$1,015,000
466
180
595
$383,500
$685,000
$891,100
110
41
153
$367,800
$671,400
$990,000
93
39
123
$362,500
$630,000
$975,000
69
21
73
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. Jun. 2011
Year-to-date
Jan. Jun. 2012
June 2011
May 2012
June 2012
Number of Sales
June 2012
19
Port C oquitla m $242,000
$385,000
$539,000
160
129
262
$240,750
$391,750
$545,000
178
130
222
$230,000
$397,000
$552,000
20
20
37
$267,500
$360,000
$559,500
37
21
48
$242,800
$385,137
$558,000
21
26
33
Port M oody/B elcarra $335,000
$428,000
$827,200
158
129
137
$334,000
$470,250
$775,000
133
124
119
$322,000
$472,650
$800,000
27
28
31
$332,000
$466,650
$780,000
25
29
35
n/a
n/a
n/a
18
16
11
Richm ond $353,000
$545,000
$992,500
943
613
1,111
$343,000
$529,000
$976,944
642
426
603
$347,500
$560,250
$980,000
139
86
158
$355,000
$518,000
$985,000
93
77
101
$340,500
$545,000
$912,000
113
59
76
Squam ish $231,000
$341,847
$485,000
25
53
93
$260,000
$350,000
$492,500
22
47
102
n/a
n/a
n/a
6
10
11
n/a
n/a
n/a
3
15
17
n/a
n/a
$482,000
2
4
28
$276,250
$267,500
$388,000
30
29
229
$230,000
$291,750
$400,500
25
26
258
n/a
n/a
$360,000
9
5
53
n/a
n/a
$440,000
6
4
45
n/a
n/a
$402,500
4
6
61
Sunsh ine Co ast
6
y
Burnab
er New W estmin st
Vanco uver E ast $342,000
$603,500
$810,000
664
234
1,053
$354,000
$645,000
$885,150
706
231
767
$350,000
$581,450
$835,500
110
34
180
$337,898
$612,000
$888,000
110
50
152
$347,450
$658,000
$855,000
136
35
107
Vanco uver W est $487,500
$856,000
$2,050,000
2,477
438
1,310
$482,900
$878,500
$2,060,000
2,021
296
769
$479,500
$827,000
$2,185,000
374
70
213
$483,000
$850,000
$1,998,000
402
49
122
$485,000
$900,450
$1,879,000
331
46
102
$752,500
$1,119,500
$1,731,000
128
38
732
$712,500
$1,055,000
$1,851,000
96
50
384
n/a
n/a
$1,797,500
18
8
134
n/a
n/a
$1,838,000
19
12
69
n/a
n/a
$1,835,000
13
6
47
7
n/a
12
27
12
n/a
n/a
n/a
14
15
$248,750
$610,000
$872,000
46
69
45
$229,500
$518,500
$973,800
78
105
52
n/a
n/a
n/a
10
10
8
n/a
$455,000
Sound Wes t V a n couve r/Howe
MLS® SALES Facts
Whistl er/Pem berton n/a
7,236
3,191
8,433
n/a
6,240
2,600
6,170
n/a
1,266
525
1,471
n/a
1,156
517
1,180
n/a
1,026
415
921
% 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
67%
61%
56%
Apartment
802
Attached
Attached
1,165
Detached
Detached
40%
Apartment
1,818
45%
Apartment
41%
871
Attached
Attached
1,322
Detached
Detached
61%
Apartment
2,051
74%
Apartment
55%
Attached
125
Attached
Detached
218
Detached
321
42%
Apartment
47%
Apartment
154
Attached
Attached
271
Detached
37%
38%
Apartment
Detached
56%
Attached
381
38%
Detached
Apartment
348
131
Attached
Apartment
216
Detached
2012
Coquit lam 45%
66%
60%
859
500
1,271
43%
53%
55%
928
469
1,273
54%
58%
60%
155
81
245
44%
55%
46%
154
86
265
37%
56%
51%
127
80
197
Delta South 62%
60%
68%
132
75
561
45%
62%
54%
150
71
488
53%
64%
84%
30
14
74
46%
47%
60%
26
17
98
88%
67%
59%
17
15
69
Islands - Gulf 0%
n/a
17%
10
0
95
n/a
100%
26%
0
1
82
n/a
n/a
28%
0
0
18
n/a
n/a
44%
0
0
18
n/a
n/a
32%
0
0
19
41%
60%
48%
372
473
1,256
40%
54%
44%
372
420
1,385
69%
74%
56%
51
65
221
39%
60%
50%
75
80
274
46%
80%
43%
57
55
249
Maple R id g e/Pitt M eadow s 54%
63%
67%
903
130
288
44%
46%
58%
1,007
152
293
86%
61%
65%
132
28
55
48%
73%
58%
181
26
53
55%
31%
66%
155
29
56
* Year-to-date listings represent a cumulative total of listings rather than total active listings.
Year-to-date*
Jan. Jun. 2011
Year-to-date*
Jan. Jun. 2012
June 2011
May 2012
June 2012
Number of Listings
June 2012
19
North Vanco uver 48%
61%
64%
992
365
1,131
43%
48%
51%
1,077
372
1,159
71%
69%
77%
156
59
199
50%
55%
49%
187
71
252
43%
36%
41%
162
58
176
Port C oquitla m 41%
59%
63%
393
218
417
45%
59%
53%
396
220
421
28%
71%
53%
72
28
70
54%
54%
46%
68
39
104
41%
60%
48%
51
43
69
Port M oody/B elcarra 44%
59%
51%
359
217
271
40%
55%
43%
334
227
279
48%
72%
60%
56
39
52
42%
69%
73%
60
42
48
29%
39%
22%
62
41
50
Richm ond 52%
53%
47%
1,807
1,162
2,350
35%
42%
28%
1,809
1,006
2,135
50%
40%
48%
276
216
326
30%
44%
26%
307
177
383
41%
41%
24%
276
145
311
Squam ish 18%
42%
35%
138
126
269
16%
31%
36%
136
151
283
29%
45%
25%
21
22
44
19%
38%
26%
16
40
65
6%
12%
55%
35
34
51
Sunsh ine Co ast 31%
45%
31%
98
65
743
34%
41%
33%
74
63
776
129%
63%
51%
7
8
104
19%
33%
27%
31
12
168
100%
43%
58%
4
14
106
56%
62%
65%
1,179
379
1,622
50%
53%
46%
1,417
439
1,652
54%
58%
73%
202
59
246
40%
65%
45%
277
77
340
59%
54%
37%
231
65
288
Vanco uver E ast
6
y
Burnab
er New W estmin st
Vanco uver W est 51%
55%
62%
4,821
796
2,105
41%
37%
33%
4,914
801
2,307
46%
58%
65%
817
121
328
41%
31%
27%
988
159
456
44%
36%
31%
756
128
325
Sound 54%
53%
61%
235
72
1,204
42%
50%
38%
228
101
1,023
41%
73%
57%
44
11
237
44%
52%
34%
43
23
202
50%
43%
28%
26
14
169
Wes t V a n couve r/Howe
MLS® LISTINGS Facts
23%
27%
28%
198
259
161
36%
47%
29%
215
224
177
27%
17%
19%
37
60
43
23%
66%
31%
53
41
39
50%
30%
24%
28
50
29
Whistl er/Pem berton n/a
14,314
5,639
14,909
n/a
15,108
5,588
15,055
n/a
2,377
936
2,480
n/a
2,847
1,044
3,036
n/a
2,335
902
2,380
Listing & Sales Activity Summary Listings
Sales
1 Jun 2011
2 May 2012
3 Jun 2012
5 Jun 2011
6 May 2012
7 Jun 2012
218 125 321
271 154 381
216 131 348
-20.3 -14.9 -8.7
120 92 196
101 72 160
83 73 132
-17.8 1.4 -17.5
434 274 548
278 219 451
-35.9 -20.1 -17.7
245 81 155
265 86 154
197 80 127
-25.7 -7.0 -17.5
147 47 83
121 47 68
101 45 47
-16.5 -4.3 -30.9
443 188 216
341 145 199
-23.0 -22.9 -7.9
74 14 30
98 17 26
69 15 17
-29.6 -11.8 -34.6
62 9 16
59 8 12
41 10 15
-30.5 25.0 25.0
171 23 44
142 28 38
-17.0 21.7 -13.6
221 65 51
274 80 75
249 55 57
-9.1 -31.3 -24.0
123 48 35
136 48 29
108 44 26
-20.6 -8.3 -10.3
308 169 84
346 123 84
12.3 -27.2 0.0
199 59 156
252 71 187
176 58 162
-30.2 -18.3 -13.4
153 41 110
123 39 93
73 21 69
-40.7 -46.2 -25.8
435 123 247
314 90 245
-27.8 -26.8 -0.8
55 28 132
53 26 181
56 29 155
5.7 11.5 -14.4
36 17 113
31 19 87
37 9 85
19.4 -52.6 -2.3
116 47 267
97 45 245
-16.4 -4.3 -8.2
52 39 56
48 42 60
50 41 62
4.2 -2.4 3.3
31 28 27
35 29 25
11 16 18
-68.6 -44.8 -28.0
82 74 78
66 69 74
-19.5 -6.8 -5.1
70 28 72
104 39 68
69 43 51
-33.7 10.3 -25.0
37 20 20
48 21 37
33 26 21
-31.3 23.8 -43.2
140 65 85
137 67 96
-2.1 3.1 12.9
326 216 276
383 177 307
311 145 276
-18.8 -18.1 -10.1
158 86 139
101 77 93
76 59 113
-24.8 -23.4 21.5
436 297 408
291 207 327
-33.3 -30.3 -19.9
104 8 7
168 12 31
106 14 4
-36.9 16.7 -87.1
53 5 9
45 4 6
61 6 4
35.6 50.0 -33.3
130 18 21
163 14 14
25.4 -22.2 -33.3
44 22 21
65 40 16
51 34 35
-21.5 -15.0 118.8
11 10 6
17 15 3
28 4 2
64.7 -73.3 -33.3
52 37 17
61 30 10
17.3 -18.9 -41.2
246 59 202
340 77 277
288 65 231
-15.3 -15.6 -16.6
180 34 110
152 50 110
107 35 136
-29.6 -30.0 23.6
562 119 312
394 137 398
-29.9 15.1 27.6
328 121 817
456 159 988
325 128 756
-28.7 -19.5 -23.5
213 70 374
122 49 402
102 46 331
-16.4 -6.1 -17.7
655 235 1266
354 155 1093
-46.0 -34.0 -13.7
43 60 37
39 41 53
29 50 28
-25.6 22.0 -47.2
8 10 10
12 27 12
7 15 14
-41.7 -44.4 16.7
26 37 26
25 58 46
-3.8 56.8 76.9
237 11 44
202 23 43
169 14 26
-16.3 -39.1 -39.5
134 8 18
69 12 19
47 6 13
-31.9 -50.0 -31.6
442 19 76
199 28 52
-55.0 47.4 -31.6
2462 936 2377
3018 1044 2847
2361 902 2335
-21.8 -13.6 -18.0
1466 525 1266
1172 517 1156
915 415 1026
-21.9 -19.7 -11.2
4432 1725 3695
3208 1415 3372
-27.6 -18.0 -8.7
BURNABY DETACHED ATTACHED APARTMENTS
Col. 2 & 3 Percentage Variance
%
Col. 6 & 7 Percentage Variance
9 Apr 2011 Jun 2011
10 Apr 2012 Jun 2012
%
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 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
$433,841
$566,310
$1,061,067
NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.
1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
IN THOUSANDS ($)
Residential Average Sale Prices - January 1977 to June 2012
Greater Vancouver housing market favoured buyers in June VANCOUVER, B.C. – July 4, 2012 – The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sales in June 2011 and a 17.2 per cent decline compared to the 2,853 sales in May 2012. June sales were the lowest total for the month in the region since 2000 and 32.2 per cent below the 10-year June sales average of 3,484. “Overall conditions have trended in favour of buyers in our marketplace in recent months,” Eugen Klein, REBGV president said. “This means buyers are facing less competition and have more selection to choose from compared to earlier in the year.” New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,617 in June. This represents a 3 per cent decline compared to June 2011 when 5,793 properties were listed for sale on the MLS® and an 18.9 per cent decline compared to the 6,927 new listings reported in May 2012. At 18,493, the total number of residential property listings on the MLS® increased 22 per cent from this time last year and increased 3.7 per cent compared to May 2012. “Today, our sales-to-active-listings ratio sits at 13 per cent, which puts us in the lower end of a balanced market. This ratio has been declining in our market since March when it was 19 per cent,” Klein said. The MLSLink® Housing Price Index (HPI) composite benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 1.7% and declined 0.7% compared to last month. Sales of detached properties on the MLS® in June 2012 reached 921, a decrease of 37.4 per cent from the 1,471 detached sales recorded in June 2011, and a 19.1 per cent decrease from the 1,139 units sold in June 2010. The benchmark price for detached properties increased 3.3 per cent from June 2011 to $961,600. Sales of apartment properties reached 1,026 in June 2012, a 19 per cent decrease compared to the 1,266 sales in June 2011, and a decrease of 18.4 per cent compared to the 1,258 sales in June 2010. The benchmark price of an apartment property increased 0.3 per cent from June 2011 to $376,200. Attached property sales in June 2012 totalled 415, a 21 per cent decrease compared to the 525 sales in June 2011, and a 27.8 per cent decrease from the 575 attached properties sold in June 2010. The benchmark price of an attached unit decreased 0.1 per cent between June 2011 and 2012 to $468,400.
-30The real estate industry is a key economic driver in British Columbia. In 2011, 32,390 homes changed ownership in the Board’s area, generating $1.36 billion in spin-off activity and 9,069 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $25 billion in 2011. The Real Estate Board of Greater Vancouver is an association representing 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, Communications Real Estate Board of Greater Vancouver Phone: (604) 730-3146 Fax: (604) 730-3102 E-mail: [email protected]
also available at www.realtylink.org
June 2012
*
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
$555,800 $620,600 $624,500 $571,700 $528,300 $583,800 $511,600 $551,800 $392,000 $372,100 $660,300 $377,500 $404,700 $513,100 $589,600 $404,800 $371,600 $616,200 $621,700 $822,800 $1,645,000 $594,400
156.9 162.7 135.4 157.8 157.8 164.6 151.3 153.5 132.5 159.7 149.4 136.7 143.7 141.7 171.2 130.7 130.2 155.3 181.9 173.4 176.6 163.9
-0.4% -0.7% -0.1% -0.4% 0.1% 0.0% -0.1% -1.5% -0.1% 0.0% -0.5% -0.3% -1.0% 0.4% -1.2% 0.2% 0.9% 0.5% 0.6% -2.1% -0.5% 0.8%
0.8% 0.6% 3.2% 0.4% 1.5% 1.0% 2.2% 0.5% -0.1% 1.0% 1.4% -0.6% -0.3% 3.1% -1.2% 4.1% 1.9% 1.6% 1.9% -0.3% 2.4% 3.6%
2.7% 2.6% 11.1% 2.5% 3.1% 2.5% 4.1% 4.3% 0.8% 4.2% 3.8% -0.1% 1.1% 5.2% -0.6% 6.4% 2.3% 4.4% 4.7% 2.5% 7.1% 7.1%
1.9% 1.7% 3.8% 2.9% 1.0% 0.2% 2.1% 2.3% -2.1% 2.3% 4.8% -3.0% -0.5% 2.7% -1.0% 2.8% 0.9% 4.4% 5.2% 1.5% 8.5% 2.2%
18.3% 21.3% 9.1% 17.4% 18.3% 22.8% 18.2% 18.8% 5.5% 15.9% 17.9% 4.8% 9.3% 11.5% 25.6% 2.5% 2.0% 18.9% 28.0% 24.7% 44.6% 27.4%
13.4% 17.6% -0.5% 13.6% 14.4% 20.4% 11.0% 16.7% -1.3% 11.3% 10.7% -1.7% 3.6% 4.3% 25.6% 3.7% -4.1% 17.0% 27.6% 22.7% 24.2% 30.9%
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
$777,900 $961,600 $624,500 $760,700 $948,700 $1,013,600 $722,700 $640,300 $466,200 $682,800 $977,400 $501,300 $565,000 $843,600 $998,700 $502,700 $369,900 $740,800 $865,000 $2,203,500 $1,946,100 $824,000
165.3 177.7 135.4 170.1 183.1 194.3 160.1 154.5 132.5 169.4 156.0 139.9 150.9 156.3 201.1 135.8 129.6 159.5 191.0 226.4 185.3 122.4
-0.2% -0.6% -0.1% -0.9% 0.4% 1.1% 0.5% -2.3% 0.1% -0.6% -0.6% -0.4% 0.3% 0.3% -2.0% -0.3% 0.8% 0.3% 0.3% -2.0% -0.1% -0.4%
1.0% 0.7% 3.2% 0.4% 3.3% 4.3% 3.6% -0.2% 0.5% 0.4% 2.0% -0.9% 2.5% 3.8% -2.5% 1.8% 1.7% 1.5% 2.3% -1.2% 2.3% -0.4%
3.4% 3.4% 11.2% 4.8% 5.6% 7.1% 6.1% 4.2% 1.8% 4.6% 3.6% 0.0% 3.9% 5.2% -0.5% 0.4% 2.0% 4.5% 4.5% 3.9% 7.8% -2.9%
3.4% 3.3% 3.8% 5.9% 5.2% 5.8% 5.3% 3.6% -0.9% 3.5% 6.8% -1.0% 2.4% 2.7% -2.7% 1.2% 0.5% 6.3% 7.1% 3.2% 9.9% -6.8%
27.7% 34.7% 9.1% 27.1% 35.6% 44.9% 25.7% 21.4% 8.2% 26.5% 24.7% 9.6% 18.7% 22.8% 44.8% 9.0% 1.6% 23.1% 40.4% 57.6% 52.6% -3.6%
21.2% 29.4% -0.5% 24.3% 33.9% 43.4% 18.6% 17.9% 1.5% 24.2% 15.9% 3.7% 11.8% 14.6% 45.0% 6.4% -4.5% 20.7% 38.7% 52.2% 29.7% -1.7%
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 10
June 2012
*
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
$415,598 $468,400 $422,100 $400,900 $423,300 $382,800 $451,500 $275,600 $401,200 $595,800 $322,200 $372,700 $410,700 $504,200 $348,600 $472,200 $521,700 $713,100 $468,000
145.3 152.0 151.4 149.5 151.9 140.6 149.6 133.9 150.7 142.6 139.4 141.9 138.8 163.0 126.5 146.0 172.0 161.3 143.0
0.9% -0.3% 0.3% 0.7% -0.3% -0.1% -1.5% 0.1% 0.9% -1.0% 0.3% -1.6% 0.9% -1.0% -1.4% -0.8% 0.5% 0.4% -1.9%
-0.5% 0.5% 0.7% -2.0% 1.8% 0.9% 0.5% 0.2% 1.0% -1.5% 1.5% -2.4% 2.1% 0.4% 3.4% 1.0% 0.2% 3.1% 2.5%
0.4% 1.2% 0.3% -4.2% 0.1% 2.0% 2.2% -0.6% 4.6% 1.6% -0.9% -0.7% 3.4% -0.9% 15.3% 2.6% 4.2% 4.2% 17.2%
3.6% -0.1% 1.7% -6.6% -0.7% -1.0% -1.8% -3.5% 1.7% 2.7% -4.3% -0.7% -2.1% -1.1% 2.2% -7.1% 5.3% 4.8% 3.4%
10.5% 15.0% 14.4% 11.2% 14.6% 10.1% 13.0% 2.3% 15.0% 13.5% 5.0% 8.3% 8.4% 22.6% -0.6% 10.3% 16.5% 21.1% 12.3%
13.5% 12.6% 11.6% 8.0% 13.9% 5.3% 14.2% -3.7% 12.0% 7.9% -0.3% 3.7% 2.6% 23.5% 4.3% 11.5% 19.0% 18.0% 17.9%
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
$344,000 $376,200 $366,500 $340,900 $379,600 $258,300 $324,700 $178,900 $275,000 $352,200 $218,300 $227,900 $319,200 $350,000 $258,600 $344,200 $313,400 $477,000 $633,900 $255,000
150.9 152.1 139.1 144.1 152.4 142.2 153.9 130.4 157.2 143.0 129.0 135.1 133.0 148.4 124.4 144.8 172.9 154.4 138.5 234.0
-0.7% -0.9% -0.5% -0.3% -0.5% -1.1% 1.9% -1.2% 0.1% -0.1% -0.2% -2.7% -0.2% -0.4% 3.6% 1.3% 0.9% -2.3% -2.4% 3.7%
0.5% 0.5% 0.8% 1.6% -1.2% 0.4% 3.4% -3.7% 1.2% 1.9% -1.6% -2.7% 3.1% -0.9% 12.5% 2.4% 1.8% -0.1% 3.4% 4.0%
2.4% 2.2% 2.7% 3.9% 0.2% 1.8% 3.1% -1.4% 3.8% 4.6% 0.9% -1.6% 6.2% -0.9% 15.9% 2.8% 5.3% 1.6% 2.7% 2.0%
0.5% 0.3% -1.6% 0.7% -4.0% -2.1% 2.8% -4.7% 1.7% 2.4% -3.7% -4.9% 6.2% 0.3% 8.5% 1.0% 2.9% -0.1% 0.6% -1.9%
9.7% 11.2% -1.5% 9.2% 13.3% 10.4% 15.6% -1.8% 12.4% 11.1% -2.9% -1.7% 5.3% 8.9% -5.7% 8.8% 15.8% 11.6% 11.0% 77.4%
5.8% 8.3% -7.0% 3.7% 10.1% 1.7% 14.5% -10.8% 7.2% 4.9% -11.8% -6.9% -2.3% 8.2% -4.0% 7.7% 16.0% 10.7% -0.5% 80.6%
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 10
Jun 2012 Apr 2012 Feb 2012 Dec 2011 Oct 2011 Aug 2011 Jun 2011 Apartment
Apr 2011 Feb 2011 Dec 2010 Oct 2010
Townhouse
Apr 2010 Feb 2010 Dec 2009
Detached
Oct 2009 Aug 2009 Jun 2009 Apr 2009
Residential
Feb 2009 Dec 2008 Oct 2008 Aug 2008 Jun 2008 Apr 2008 Feb 2008 Dec 2007 Oct 2007 Aug 2007 90
100
110
120
130
140
150
160
170
180
Jun 2007 190
Jan 2005 HPI = 100
C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
Jun 2010
Price Index
Greater Vancouver 5 Year Trend
Aug 2010
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
$888,000
$485,500
$352,000
Attached
Apartment
491
Attached
Detached
775
Detached
1,010
$371,000
Apartment
Apartment
$487,950
Attached
394
Attached
$930,000
537
Detached
Detached
$362,000
Apartment
816
$475,000
Apartment
$929,400
Attached
92
Attached
Detached
120
Detached
196
$379,000
Apartment
Apartment
$467,000
72
Attached
$965,000
101
Detached
Attached
$354,000
Apartment
Detached
$508,000
Attached
160
$990,000
Detached
Apartment
132
73
Attached
Apartment
83
Detached
2012
Coquit lam $290,000
$450,400
$715,000
390
331
763
$285,500
$460,250
$744,750
401
248
696
$299,900
$450,000
$741,450
83
47
147
$286,125
$483,000
$735,000
68
47
121
$270,000
$464,000
$738,000
47
45
101
Delta South $332,000
$439,000
$649,500
82
45
383
$335,000
$450,000
$701,000
67
44
263
n/a
n/a
$652,750
16
9
62
n/a
n/a
$659,000
12
8
59
n/a
n/a
$664,000
15
10
41
Islands - Gulf n/a
n/a
n/a
0
1
16
n/a
n/a
$407,000
0
1
21
n/a
n/a
n/a
0
0
5
n/a
n/a
n/a
0
0
8
n/a
n/a
n/a
0
0
6
$213,000
$310,000
$476,700
153
285
604
$217,000
$294,000
$485,000
149
228
613
$208,500
$310,000
$487,991
35
48
123
$214,500
$290,450
$485,000
29
48
136
$207,500
$288,000
$491,750
26
44 85
9
37
$301,250
$404,500
$618,888
491
82
194
$310,000
$427,000
$672,000
440
70
169
$289,950
n/a
$632,500
113
17
36
$324,000
n/a
$715,000
87
19
31
$321,500
n/a
$650,000
Maple R id g e/Pitt M eadow s 108
$369,900
$630,000
$927,500
479
224
726
$377,990
$659,950
$1,015,000
466
180
595
$383,500
$685,000
$891,100
110
41
153
$367,800
$671,400
$990,000
93
39
123
$362,500
$630,000
$975,000
69
21
73
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. Jun. 2011
Year-to-date
Jan. Jun. 2012
June 2011
May 2012
June 2012
Number of Sales
June 2012
19
Port C oquitla m $242,000
$385,000
$539,000
160
129
262
$240,750
$391,750
$545,000
178
130
222
$230,000
$397,000
$552,000
20
20
37
$267,500
$360,000
$559,500
37
21
48
$242,800
$385,137
$558,000
21
26
33
Port M oody/B elcarra $335,000
$428,000
$827,200
158
129
137
$334,000
$470,250
$775,000
133
124
119
$322,000
$472,650
$800,000
27
28
31
$332,000
$466,650
$780,000
25
29
35
n/a
n/a
n/a
18
16
11
Richm ond $353,000
$545,000
$992,500
943
613
1,111
$343,000
$529,000
$976,944
642
426
603
$347,500
$560,250
$980,000
139
86
158
$355,000
$518,000
$985,000
93
77
101
$340,500
$545,000
$912,000
113
59
76
Squam ish $231,000
$341,847
$485,000
25
53
93
$260,000
$350,000
$492,500
22
47
102
n/a
n/a
n/a
6
10
11
n/a
n/a
n/a
3
15
17
n/a
n/a
$482,000
2
4
28
$276,250
$267,500
$388,000
30
29
229
$230,000
$291,750
$400,500
25
26
258
n/a
n/a
$360,000
9
5
53
n/a
n/a
$440,000
6
4
45
n/a
n/a
$402,500
4
6
61
Sunsh ine Co ast
6
y
Burnab
er New W estmin st
Vanco uver E ast $342,000
$603,500
$810,000
664
234
1,053
$354,000
$645,000
$885,150
706
231
767
$350,000
$581,450
$835,500
110
34
180
$337,898
$612,000
$888,000
110
50
152
$347,450
$658,000
$855,000
136
35
107
Vanco uver W est $487,500
$856,000
$2,050,000
2,477
438
1,310
$482,900
$878,500
$2,060,000
2,021
296
769
$479,500
$827,000
$2,185,000
374
70
213
$483,000
$850,000
$1,998,000
402
49
122
$485,000
$900,450
$1,879,000
331
46
102
$752,500
$1,119,500
$1,731,000
128
38
732
$712,500
$1,055,000
$1,851,000
96
50
384
n/a
n/a
$1,797,500
18
8
134
n/a
n/a
$1,838,000
19
12
69
n/a
n/a
$1,835,000
13
6
47
7
n/a
12
27
12
n/a
n/a
n/a
14
15
$248,750
$610,000
$872,000
46
69
45
$229,500
$518,500
$973,800
78
105
52
n/a
n/a
n/a
10
10
8
n/a
$455,000
Sound Wes t V a n couve r/Howe
MLS® SALES Facts
Whistl er/Pem berton n/a
7,236
3,191
8,433
n/a
6,240
2,600
6,170
n/a
1,266
525
1,471
n/a
1,156
517
1,180
n/a
1,026
415
921
% 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
67%
61%
56%
Apartment
802
Attached
Attached
1,165
Detached
Detached
40%
Apartment
1,818
45%
Apartment
41%
871
Attached
Attached
1,322
Detached
Detached
61%
Apartment
2,051
74%
Apartment
55%
Attached
125
Attached
Detached
218
Detached
321
42%
Apartment
47%
Apartment
154
Attached
Attached
271
Detached
37%
38%
Apartment
Detached
56%
Attached
381
38%
Detached
Apartment
348
131
Attached
Apartment
216
Detached
2012
Coquit lam 45%
66%
60%
859
500
1,271
43%
53%
55%
928
469
1,273
54%
58%
60%
155
81
245
44%
55%
46%
154
86
265
37%
56%
51%
127
80
197
Delta South 62%
60%
68%
132
75
561
45%
62%
54%
150
71
488
53%
64%
84%
30
14
74
46%
47%
60%
26
17
98
88%
67%
59%
17
15
69
Islands - Gulf 0%
n/a
17%
10
0
95
n/a
100%
26%
0
1
82
n/a
n/a
28%
0
0
18
n/a
n/a
44%
0
0
18
n/a
n/a
32%
0
0
19
41%
60%
48%
372
473
1,256
40%
54%
44%
372
420
1,385
69%
74%
56%
51
65
221
39%
60%
50%
75
80
274
46%
80%
43%
57
55
249
Maple R id g e/Pitt M eadow s 54%
63%
67%
903
130
288
44%
46%
58%
1,007
152
293
86%
61%
65%
132
28
55
48%
73%
58%
181
26
53
55%
31%
66%
155
29
56
* Year-to-date listings represent a cumulative total of listings rather than total active listings.
Year-to-date*
Jan. Jun. 2011
Year-to-date*
Jan. Jun. 2012
June 2011
May 2012
June 2012
Number of Listings
June 2012
19
North Vanco uver 48%
61%
64%
992
365
1,131
43%
48%
51%
1,077
372
1,159
71%
69%
77%
156
59
199
50%
55%
49%
187
71
252
43%
36%
41%
162
58
176
Port C oquitla m 41%
59%
63%
393
218
417
45%
59%
53%
396
220
421
28%
71%
53%
72
28
70
54%
54%
46%
68
39
104
41%
60%
48%
51
43
69
Port M oody/B elcarra 44%
59%
51%
359
217
271
40%
55%
43%
334
227
279
48%
72%
60%
56
39
52
42%
69%
73%
60
42
48
29%
39%
22%
62
41
50
Richm ond 52%
53%
47%
1,807
1,162
2,350
35%
42%
28%
1,809
1,006
2,135
50%
40%
48%
276
216
326
30%
44%
26%
307
177
383
41%
41%
24%
276
145
311
Squam ish 18%
42%
35%
138
126
269
16%
31%
36%
136
151
283
29%
45%
25%
21
22
44
19%
38%
26%
16
40
65
6%
12%
55%
35
34
51
Sunsh ine Co ast 31%
45%
31%
98
65
743
34%
41%
33%
74
63
776
129%
63%
51%
7
8
104
19%
33%
27%
31
12
168
100%
43%
58%
4
14
106
56%
62%
65%
1,179
379
1,622
50%
53%
46%
1,417
439
1,652
54%
58%
73%
202
59
246
40%
65%
45%
277
77
340
59%
54%
37%
231
65
288
Vanco uver E ast
6
y
Burnab
er New W estmin st
Vanco uver W est 51%
55%
62%
4,821
796
2,105
41%
37%
33%
4,914
801
2,307
46%
58%
65%
817
121
328
41%
31%
27%
988
159
456
44%
36%
31%
756
128
325
Sound 54%
53%
61%
235
72
1,204
42%
50%
38%
228
101
1,023
41%
73%
57%
44
11
237
44%
52%
34%
43
23
202
50%
43%
28%
26
14
169
Wes t V a n couve r/Howe
MLS® LISTINGS Facts
23%
27%
28%
198
259
161
36%
47%
29%
215
224
177
27%
17%
19%
37
60
43
23%
66%
31%
53
41
39
50%
30%
24%
28
50
29
Whistl er/Pem berton n/a
14,314
5,639
14,909
n/a
15,108
5,588
15,055
n/a
2,377
936
2,480
n/a
2,847
1,044
3,036
n/a
2,335
902
2,380
Listing & Sales Activity Summary Listings
Sales
1 Jun 2011
2 May 2012
3 Jun 2012
5 Jun 2011
6 May 2012
7 Jun 2012
218 125 321
271 154 381
216 131 348
-20.3 -14.9 -8.7
120 92 196
101 72 160
83 73 132
-17.8 1.4 -17.5
434 274 548
278 219 451
-35.9 -20.1 -17.7
245 81 155
265 86 154
197 80 127
-25.7 -7.0 -17.5
147 47 83
121 47 68
101 45 47
-16.5 -4.3 -30.9
443 188 216
341 145 199
-23.0 -22.9 -7.9
74 14 30
98 17 26
69 15 17
-29.6 -11.8 -34.6
62 9 16
59 8 12
41 10 15
-30.5 25.0 25.0
171 23 44
142 28 38
-17.0 21.7 -13.6
221 65 51
274 80 75
249 55 57
-9.1 -31.3 -24.0
123 48 35
136 48 29
108 44 26
-20.6 -8.3 -10.3
308 169 84
346 123 84
12.3 -27.2 0.0
199 59 156
252 71 187
176 58 162
-30.2 -18.3 -13.4
153 41 110
123 39 93
73 21 69
-40.7 -46.2 -25.8
435 123 247
314 90 245
-27.8 -26.8 -0.8
55 28 132
53 26 181
56 29 155
5.7 11.5 -14.4
36 17 113
31 19 87
37 9 85
19.4 -52.6 -2.3
116 47 267
97 45 245
-16.4 -4.3 -8.2
52 39 56
48 42 60
50 41 62
4.2 -2.4 3.3
31 28 27
35 29 25
11 16 18
-68.6 -44.8 -28.0
82 74 78
66 69 74
-19.5 -6.8 -5.1
70 28 72
104 39 68
69 43 51
-33.7 10.3 -25.0
37 20 20
48 21 37
33 26 21
-31.3 23.8 -43.2
140 65 85
137 67 96
-2.1 3.1 12.9
326 216 276
383 177 307
311 145 276
-18.8 -18.1 -10.1
158 86 139
101 77 93
76 59 113
-24.8 -23.4 21.5
436 297 408
291 207 327
-33.3 -30.3 -19.9
104 8 7
168 12 31
106 14 4
-36.9 16.7 -87.1
53 5 9
45 4 6
61 6 4
35.6 50.0 -33.3
130 18 21
163 14 14
25.4 -22.2 -33.3
44 22 21
65 40 16
51 34 35
-21.5 -15.0 118.8
11 10 6
17 15 3
28 4 2
64.7 -73.3 -33.3
52 37 17
61 30 10
17.3 -18.9 -41.2
246 59 202
340 77 277
288 65 231
-15.3 -15.6 -16.6
180 34 110
152 50 110
107 35 136
-29.6 -30.0 23.6
562 119 312
394 137 398
-29.9 15.1 27.6
328 121 817
456 159 988
325 128 756
-28.7 -19.5 -23.5
213 70 374
122 49 402
102 46 331
-16.4 -6.1 -17.7
655 235 1266
354 155 1093
-46.0 -34.0 -13.7
43 60 37
39 41 53
29 50 28
-25.6 22.0 -47.2
8 10 10
12 27 12
7 15 14
-41.7 -44.4 16.7
26 37 26
25 58 46
-3.8 56.8 76.9
237 11 44
202 23 43
169 14 26
-16.3 -39.1 -39.5
134 8 18
69 12 19
47 6 13
-31.9 -50.0 -31.6
442 19 76
199 28 52
-55.0 47.4 -31.6
2462 936 2377
3018 1044 2847
2361 902 2335
-21.8 -13.6 -18.0
1466 525 1266
1172 517 1156
915 415 1026
-21.9 -19.7 -11.2
4432 1725 3695
3208 1415 3372
-27.6 -18.0 -8.7
BURNABY DETACHED ATTACHED APARTMENTS
Col. 2 & 3 Percentage Variance
%
Col. 6 & 7 Percentage Variance
9 Apr 2011 Jun 2011
10 Apr 2012 Jun 2012
%
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 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
$433,841
$566,310
$1,061,067
NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.
1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
IN THOUSANDS ($)
Residential Average Sale Prices - January 1977 to June 2012
