News Release

FOR IMMEDIATE RELEASE

Greater Vancouver at lower end of balanced housing market

VANCOUVER, B.C. November 2, 2011 With a sales-to-active property listings ratio of 15 per cent, the Greater
Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that
direction over the past five months.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached
and apartment properties on the regions Multiple Listing Service (MLS) system reached 2,317 in October, a 1
per cent decrease compared to the 2,337 sales in October 2010 and a 3.2 per cent increase compared to the previous
month. Those sales rank as the second lowest total for October over the last 10 years.
Right now, prospective home buyers have a good selection of properties to choose from and more time to make
decisions, Rosario Setticasi, REBGV president said. Home sellers should be mindful of local market conditions to
ensure they are pricing their properties competitively.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,374 in October, which
is on par with the 10-year average. This represents an 18.3 per cent increase compared to October 2010, when 3,698
properties were listed for sale on the MLS, and a 23 per cent decrease compared to the 5,680 new listings reported
in September 2011.
The total number of properties listed for sale on the Greater Vancouver MLS system currently sits at 15,377,
which is 9.3 per cent higher than the 14,075 properties listed for sale during the same period last year. October was the
first month that the total number of property listings showed a decrease this year.
The MLSLink Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over
the last 12 months has increased 7.5 per cent to $622,955 in October 2011 from $579,349 in October 2010. However,
since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined
1.3 per cent.
Sales of detached properties in October reached 974, which represents virtually no change from the 976 detached
sales recorded in October 2010, and a 34.5 per cent decrease from the 1,487 units sold in October 2009. The benchmark price for detached properties increased 11 per cent from October 2010 to $884,778, but decreased 1.3 per cent
compared to the previous month.
Sales of apartment properties reached 958 in October, a 2.6 per cent decrease compared to the 984 sales in October 2010, and a decrease of 40.4 per cent compared to the 1,607 sales in October 2009. The benchmark price of an
apartment property increased 3.2 per cent from October 2010 to $402,702, but decreased 0.7 per cent compared to the
previous month.
Attached property sales in October totalled 382, a 1.3 per cent increase compared to the 377 sales in October 2010,
and a 37.4 per cent decrease from the 610 attached properties sold in October 2009. The benchmark price of an attached unit increased 6.5 per cent between October 2010 and 2011 to $519,455, and increased half a per cent compared to the previous month.
-30The real estate industry is a key economic driver in British Columbia. In 2010, 30,595 homes changed ownership in the Board's area, generating
$1.28 billion in spin-off activity and 8,567 jobs. The total dollar value of residential sales transacted through the MLS system in Greater Vancouver totalled $21 billion in 2010. The Real Estate Board of Greater Vancouver is an association representing more than 10,000 REALTORS and
their companies. The Board provides a variety of member services, including the Multiple Listing Service. For more information on real estate,
statistics, and buying or selling a home, contact a local REALTOR or visit www.rebgv.org.

For more information please contact:

Jesse Lalime, Communication Coordinator
Real Estate Board of Greater Vancouver
Phone: (604) 730-3077 Fax: (604) 730-3102
E-mail: jlalime@rebgv.org

also available at www.realtylink.org

MLSLINK HOUSING PRICE INDEX

Preliminary Report

October 2011
PROPERTY
TYPE
Residential
Detached

Attached

AREA
Greater Vancouver
Greater Vancouver
Burnaby
Coquitlam
South Delta
Maple Ridge
New Westminster
North Vancouver
Pitt Meadows
Port Coquitlam
Port Moody
Richmond
Squamish
Sunshine Coast
Vancouver East
Vancouver West
West Vancouver
Greater Vancouver
Burnaby
Coquitlam
South Delta
Maple Ridge & Pitt Meadows

Apartment

North Vancouver
Port Coquitlam
Port Moody
Richmond
Vancouver East
Vancouver West
Greater Vancouver
Burnaby
Coquitlam
South Delta
Maple Ridge & Pitt Meadows

New Westminster
North Vancouver
Port Coquitlam
Port Moody
Richmond
Vancouver East
Vancouver West
West Vancouver

BENCHMARK PRICE 3 MONTH AVG PRICE 1 YEAR

3 YEAR
5 YEAR 10 YEAR
PRICE
RANGE BENCHMARK INDEX CHANGE CHANGE CHANGE CHANGE
(+/-)
PRICE
%
%
%
%
$622,955
0.7%
$625,509
263.1
7.5
20.1
28.9
159.0
$884,778
1.6%
$889,907
261.3
11.0
27.1
36.0
156.3
$897,477
2.5%
$921,648
264.2
11.2
30.9
37.0
159.0
$709,242
7.6%
$716,702
249.5
4.8
13.2
21.9
149.1
$734,585
4.1%
$735,112
240.0
12.0
26.9
27.3
143.0
$444,862
3.6%
$450,167
202.9
2.1
3.6
8.7
102.4
$657,760
4.0%
$641,271
271.1
12.2
21.2
27.3
171.6
$952,809
2.6%
$965,418
238.0
4.0
18.7
29.0
132.1
$533,827
9.3%
$522,436
219.1
0.1
12.6
24.0
114.0
$520,761
8.6%
$554,024
220.1
-5.5
-1.6
10.5
119.1
$751,443
9.5%
$768,386
225.9
9.5
38.6
18.8
117.6
$1,075,391
2.3%
$1,085,099
317.5
18.3
44.7
64.0
210.2
$473,844
11.7%
$470,209
180.0
-7.1
-10.0
8.5
73.9
$410,407
6.3%
$408,789
233.5
1.0
-4.4
11.1
143.1
$856,411
2.2%
$840,632
290.1
16.2
34.2
41.7
186.2
$2,008,702
2.7%
$2,000,949
333.3
23.4
57.0
77.8
226.7
$1,694,470
4.1%
$1,723,809
249.6
19.9
48.5
32.7
131.5
$519,455
1.0%
$515,862
252.0
6.5
15.9
26.6
151.0
$500,075
1.6%
$504,947
250.5
3.4
10.8
28.1
152.5
$469,713
3.0%
$468,311
253.4
12.8
17.5
23.4
161.3
$486,491
7.0%
$481,024
260.5
3.6
15.2
28.1
159.1
$306,660
2.6%
$310,346
212.7
3.1
0.3
7.0
114.8
$659,978
3.2%
$634,526
258.3
13.3
15.2
24.9
151.0
$410,055
3.0%
$406,612
225.5
-0.7
7.3
18.6
123.3
$403,182
3.7%
$398,041
240.6
-2.2
4.3
14.0
125.8
$548,090
1.8%
$547,059
264.3
6.9
23.5
37.0
160.7
$555,452
3.3%
$556,160
259.7
3.2
12.0
31.1
150.8
$857,108
3.8%
$832,393
305.8
13.7
35.9
36.3
210.1
$402,702
0.6%
$405,243
262.0
3.2
12.4
20.8
159.6
$368,591
1.4%
$370,676
275.5
5.0
14.4
26.0
169.3
$298,784
2.2%
$293,895
254.8
4.4
7.7
14.7
148.4
$417,287
4.8%
$388,816
271.8
21.9
27.1
40.5
180.6
$229,594
3.9%
$240,246
243.8
-5.9
-5.1
-2.2
128.1
$304,783
2.2%
$306,610
247.6
4.8
9.7
17.2
146.3
$384,990
2.1%
$385,853
245.0
0.0
6.3
11.7
138.3
$242,061
2.6%
$246,226
283.5
-3.6
-0.1
7.4
153.4
$307,891
3.0%
$309,992
262.7
3.9
9.2
12.6
149.0
$358,687
1.5%
$358,912
291.5
6.2
20.0
28.3
188.7
$335,370
2.1%
$339,680
274.6
2.5
4.1
20.5
177.8
$517,991
1.2%
$522,816
263.5
2.3
15.5
22.5
161.1
$682,887
9.4%
$718,698
245.0
9.1
17.9
20.3
146.5

HOW TO READ THE TABLE:

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

Oct 2011
Jun 2011
Feb 2011
Oct 2010
Jun 2010
Feb 2010

Feb 2009
Apartment

Oct 2008
Jun 2008
Feb 2008
Oct 2007
Jun 2007

Attached

Feb 2007
Oct 2006
Jun 2006
Feb 2006
Oct 2005

Detached

Jun 2005
Feb 2005
Oct 2004
Jun 2004
Feb 2004
Oct 2003
Jun 2003
Oct 2002
Jun 2002
Feb 2002
80

100

120

140

160

180

200

220

240

Oct 2001
260

Year 2001 average = 100

Feb 2003

280

C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
MLS Housing

Jun 2009

Price Index

Price Index - Greater Vancouver

10 Year Trend

Oct 2009

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

$775,000

$476,500

$344,500

Apartment

672

Attached

Attached

911

Detached

Detached

$355,000

Apartment

1,520

$490,000

Apartment

$899,000

739

Attached

Attached

1,133

Detached

Detached

$365,000

Apartment

1,603

$480,000

Attached

Apartment

$756,250

52

Attached

Detached

74

Detached

132

$350,000

Apartment

$495,000

Apartment

49

Attached

Attached

74

Detached

$1,006,500

$348,650

Apartment

Detached

$463,900

Attached

137

$910,000

Detached

Apartment

122

61

Attached

Apartment

93

Detached

85

Coquit
lam
$278,500

$463,000

$655,000

587

333

895

$290,000

$450,450

$709,000

615

470

1,166

$270,500

$443,000

$627,000

56

23

94

$270,500

n/a

$690,000

55

17

106

$314,900

$509,775

$730,000

57

30

Delta South
$326,000

$416,500

$635,000

149

79

408

$338,000

$447,000

$660,000

132

75

548

n/a

n/a

$562,500

18

34

n/a

n/a

$676,000

10

32

n/a

n/a

$725,000

13

35

Islands
- Gulf
n/a

n/a

$417,000

27

n/a

n/a

$552,500

32

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$232,000

$305,000

$485,000

224

376

956

$214,410

$306,771

$483,000

238

424

983

n/a

$297,765

$470,000

18

27

76

$215,975

$305,771

$488,000

22

30

77

n/a

$289,649

$477,500

18

36
67

29

$289,500

$413,250

$591,250

721

84

266

$301,750

$411,500

$622,500

761

117

303

$291,700

n/a

$599,900

60

31

$312,500

n/a

$635,000

68

29

$303,000

n/a

$658,500

Maple
R
id
g
e/Pitt M
eadow
s
85

$375,000

$590,000

$875,000

744

311

812

$365,000

$634,000

$920,000

753

324

1,062

$380,000

$536,000

$885,000

79

21

77

$367,500

$649,000

$950,000

48

35

79

$382,250

$670,000

$912,000

86

25

92

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. Oct. 2010

Year-to-date

Jan. Oct. 2011

October
2010

September
2011

October
2011

Number
of
Sales

October
2011

2011

Port C
oquitla
m
$237,000

$380,000

$526,500

272

213

365

$239,000

$390,000

$539,900

253

204

398

n/a

$369,750

$520,000

18

25

25

$237,000

$407,000

$536,000

25

24

35

$229,500

n/a

$540,556

24

19

35

$344,900

$450,000

$765,500

250

175

196

$335,000

$433,000

$818,000

238

201

202

$314,000

n/a

$770,000

21

13

20

$329,000

n/a

n/a

22

14

15

$345,000

$479,750

n/a

21

26

104

63

109

$343,000

$549,900

$999,999

94

63

106

Richm
ond
$335,000

$493,000

$836,500

1,577

980

1,436

$352,650

$546,400

$998,000

1,372

896

1,544

$343,000

$495,000

$854,000

133

85

133

$348,500

$559,000

$1,025,000

Port M
oody/B
elcarra
18

$264,000

$376,000

$490,000

55

94

146

$231,000

$345,000

$483,000

31

77

156

n/a

n/a

n/a

11

n/a

n/a

n/a

17

n/a

n/a

n/a

16

Squam
ish

18

$227,500

$279,500

$412,500

40

52

439

$302,000

$272,500

$395,000

50

37

394

n/a

n/a

$401,750

44

n/a

n/a

$377,500

46

n/a

n/a

$427,500

32

Sunsh
ine Co
ast

10

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$327,000

$555,000

$743,000

1,044

383

1,410

$344,000

$600,000

$825,000

1,004

366

1,612

$320,000

$565,000

$735,000

82

33

124

$340,000

$600,000

$885,000

82

32

141

$342,900

$608,000

$837,500

99

37

126

Vanco
uver W
est
$465,000

$779,950

$1,680,000

3,835

598

1,490

$488,000

$870,000

$2,061,500

3,799

654

1,803

$474,000

$738,500

$1,700,000

337

51

161

$474,000

$900,000

$2,012,500

317

52

104

$475,000

$975,000

$2,220,000

327

45

120

$670,000

$1,049,167

$1,495,000

141

66

596

$729,000

$1,119,500

$1,788,000

184

52

1,059

n/a

n/a

$1,500,000

15

59

n/a

n/a

$1,830,000

11

71

n/a

n/a

$1,800,000

13

90

n/a

14

20

16

n/a

n/a

n/a

11

17

$293,000

$503,000

$825,000

65

115

79

$235,500

$576,250

$850,000

78

138

88

n/a

n/a

n/a

11

n/a

$550,000

Sound
Wes
t
V
a
n
couve
r/Howe

MLS SALES Facts

Whistl
er/Pem
berton
n/a

11,224

4,531

10,432

n/a

11,111

4,775

12,483

n/a

984

377

976

n/a

922

367

957

n/a

958

382

974

% 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

50%

56%

51%

Apartment

1,206

Attached

Attached

1,811

Detached

Detached

56%

Apartment

2,978

58%

Apartment

59%

1,281

Attached

Attached

1,906

Detached

Detached

65%

Apartment

2,871

60%

Apartment

56%

Attached

87

Attached

Detached

132

Detached

202

49%

Apartment

Apartment

35%

141

Attached

35%

214

Detached

Attached

55%

Apartment

Detached

66%

Attached

279

66%

Detached

Apartment

223

93

Attached

Apartment

140

Detached

Coquit
lam
43%

50%

47%

1,356

671

1,891

45%

61%

58%

1,364

776

2,009

50%

55%

82%

111

42

115

38%

21%

51%

144

80

207

43%

47%

51%

134

64

167

Delta South
60%

59%

53%

248

134

767

57%

63%

68%

230

120

809

95%

117%

67%

19

51

37%

44%

44%

27

16

73

59%

100%

95%

22

37

Islands
- Gulf
0%

0%

16%

19

167

0%

33%

22%

10

146

n/a

n/a

50%

n/a

n/a

50%

12

n/a

0%

75%

37%

52%

46%

612

724

2,076

42%

61%

47%

565

695

2,079

38%

40%

50%

47

68

151

52%

59%

37%

42

51

207

42%

64%

42%

43

56

202

Maple
R
id
g
e/Pitt M
eadow
s
49%

75%

54%

1,465

112

490

54%

61%

68%

1,414

192

443

71%

200%

79%

85

39

48%

45%

73%

141

20

40

58%

54%

76%

116

13

38

* Year-to-date listings represent a cumulative total of listings rather than total active listings.

Year-to-date*

Jan. Oct. 2010

Year-to-date*

Jan. Oct. 2011

October
2010

September
2011

October
2011

Number
of
Listings

October
2011

2011

North
Vanco
uver
47%

53%

51%

1,572

591

1,604

48%

58%

63%

1,574

561

1,693

68%

46%

62%

117

46

125

24%

51%

39%

196

69

204

61%

48%

79%

140

52

116

Port C
oquitla
m
45%

55%

50%

610

386

726

38%

58%

61%

660

352

652

39%

139%

51%

46

18

49

34%

65%

48%

74

37

73

32%

54%

67%

75

35

52

Port M
oody/B
elcarra
40%

52%

45%

631

338

436

43%

54%

47%

560

373

426

42%

68%

63%

50

19

32

32%

39%

32%

68

36

47

49%

130%

55%

43

20

33

Richm
ond
54%

63%

55%

2,930

1,561

2,615

48%

51%

45%

2,830

1,765

3,448

56%

84%

76%

238

101

175

35%

42%

32%

299

149

339

47%

45%

49%

199

140

216

Squam
ish
33%

44%

37%

168

216

398

14%

43%

37%

228

179

421

67%

53%

55%

17

20

5%

75%

49%

21

35

4%

50%

42%

26

12

38

44%

48%

37%

90

108

1,187

31%

43%

36%

163

86

1,103

67%

117%

67%

66

19%

200%

56%

31

82

125%

0%

46%

69

Sunsh
ine Co
ast

18

54%

56%

53%

1,949

684

2,653

52%

60%

60%

1,918

608

2,672

55%

61%

89%

149

54

139

36%

39%

51%

227

83

277

58%

79%

63%

170

47

199

Vanco
uver E
ast

10

Burnab

er
New W
estmin
st

Vanco
uver W
est
47%

46%

53%

8,126

1,302

2,787

50%

53%

54%

7,588

1,225

3,336

58%

56%

86%

582

91

188

40%

40%

27%

785

130

386

52%

48%

41%

631

94

296

Sound
41%

49%

42%

343

136

1,423

54%

47%

57%

342

111

1,847

107%

78%

58%

14

102

32%

25%

38%

34

12

189

65%

27%

60%

20

15

149

Wes
t
V
a
n
couve
r/Howe

MLS LISTINGS Facts

20%

33%

26%

320

351

309

22%

33%

31%

352

416

286

35%

43%

42%

26

21

26

45%

50%

76%

31

40

21

31%

45%

23%

36

38

26

Whistl
er/Pem
berton
n/a

23,401

8,539

21,340

n/a

22,669

8,743

23,276

n/a

1,695

589

1,414

n/a

2,399

875

2,406

n/a

1,882

696

1,786

Listing & Sales Activity Summary

Listings

Sales

1
Oct
2010

2
Sep
2011

3
Oct
2011

5
Oct
2010

6
Sep
2011

7
Oct
2011

132
87
202

214
141
279

140
93
223

-34.6
-34.0
-20.1

74
52
132

74
49
137

93
61
122

25.7
24.5
-10.9

238
149
409

263
176
428

10.5
18.1
4.6

115
42
111

207
80
144

167
64
134

-19.3
-20.0
-6.9

94
23
56

106
17
55

85
30
57

-19.8
76.5
3.6

234
72
155

303
93
163

29.5
29.2
5.2

51
6
19

73
16
27

37
6
22

-49.3
-62.5
-18.5

34
7
18

32
7
10

35
6
13

9.4
-14.3
30.0

106
23
44

115
24
41

8.5
4.3
-6.8

151
68
47

207
51
42

202
56
43

-2.4
9.8
2.4

76
27
18

77
30
22

85
36
18

10.4
20.0
-18.2

237
105
46

270
97
64

13.9
-7.6
39.1

125
46
117

204
69
196

116
52
140

-43.1
-24.6
-28.6

77
21
79

79
35
48

92
25
86

16.5
-28.6
79.2

197
69
209

244
83
197

23.9
20.3
-5.7

39
4
85

40
20
141

38
13
116

-5.0
-35.0
-17.7

31
8
60

29
9
68

29
7
67

0.0
-22.2
-1.5

81
18
171

81
22
201

0.0
22.2
17.5

32
19
50

47
36
68

33
20
43

-29.8
-44.4
-36.8

20
13
21

15
14
22

18
26
21

20.0
85.7
-4.5

45
39
67

52
64
59

15.6
64.1
-11.9

49
18
46

73
37
74

52
35
75

-28.8
-5.4
1.4

25
25
18

35
24
25

35
19
24

0.0
-20.8
-4.0

74
55
54

96
58
72

29.7
5.5
33.3

175
101
238

339
149
299

216
140
199

-36.3
-6.0
-33.4

133
85
133

109
63
104

106
63
94

-2.8
0.0
-9.6

367
253
408

310
195
294

-15.5
-22.9
-27.9

66
6
3

82
3
31

69
8
4

-15.9
166.7
-87.1

44
7
2

46
6
6

32
0
5

-30.4
-100.0
-16.7

126
16
9

117
8
13

-7.1
-50.0
44.4

20
17
6

35
8
21

38
12
26

8.6
50.0
23.8

11
9
4

17
6
1

16
6
1

-5.9
0.0
0.0

31
31
11

46
22
6

48.4
-29.0
-45.5

139
54
149

277
83
227

199
47
170

-28.2
-43.4
-25.1

124
33
82

141
32
82

126
37
99

-10.6
15.6
20.7

363
94
247

415
92
250

14.3
-2.1
1.2

188
91
582

386
130
785

296
94
631

-23.3
-27.7
-19.6

161
51
337

104
52
317

120
45
327

15.4
-13.5
3.2

438
152
986

354
154
981

-19.2
1.3
-0.5

26
21
26

21
40
31

26
38
36

23.8
-5.0
16.1

11
9
9

16
20
14

6
17
11

-62.5
-15.0
-21.4

27
42
33

30
55
28

11.1
31.0
-15.2

102
9
14

189
12
34

149
15
20

-21.2
25.0
-41.2

59
7
15

71
3
11

90
4
13

26.8
33.3
18.2

161
16
41

241
9
38

49.7
-43.8
-7.3

1410
589
1695

2394
875
2399

1778
693
1882

-25.7
-20.8
-21.6

974
377
984

951
367
922

968
382
958

1.8
4.1
3.9

2725
1134
2890

2937
1152
2835

7.8
1.6
-1.9

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

Col. 6 & 7
Percentage
Variance

9
Aug 2010 Oct 2010

10
Aug 2011 Oct 2011

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

200

400

600

800

1000

1200

1400

DETACHED

CONDOMINIUM

ATTACHED

APARTMENTS

$446,296

$571,425

$1,162,349

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

IN THOUSANDS ($)

Residential Average Sale Prices - January 1977 to October 2011