News Release

Greater Vancouver residential property sale and listing
activity below 10-year averages in November
Vancouver, B.C. – December 4, 2012 – Over the past six months, the Greater Vancouver
housing market has seen a reduction in the number of homes listed for sale, a gradual moderation
in home prices and a decrease in property sales compared to historical averages.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of
detached, attached and apartment properties reached 1,686 on the region’s Multiple Listing
Service® (MLS®) in November, a 28.6 per cent decline compared to the 2,360 sales in
November 2011 and a 12.7 per cent decline compared to the 1,931 home sales in October 2012.
November sales were 30.3 per cent below the 10-year November sales average of 2,420.
“Home sellers appear more inclined to remove their properties from the market today rather than
lower prices to sell their properties. On the other hand, buyers appear to be expecting prices to
moderate,” Eugen Klein, REBGV president said.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 2,758
in November. This represents a 14.4 per cent decline compared to November 2011 when 3,222
properties were listed for sale on the MLS® and a 36.2 per cent decline compared to the 4,323
new listings in October 2012.
New listings were 12.9 per cent below the 10-year November average of 3,168.
At 15,689, the total number of residential property listings on the MLS® increased 13 per cent
from this time last year and declined 9.7 per cent compared to October 2012. Total listings in the
region have declined by nearly 3,000 properties since reaching a peak of 18,493 in June.
The region’s sales-to-active-listings ratio was unchanged from October at 11 per cent.
“Home prices in Greater Vancouver have generally declined between three and five and a half
per cent, depending on property type, since reaching a peak six months ago,” Klein said.
“Changes in home prices vary per municipality and neighbourhood. It’s good to check local
market statistics with your REALTOR®.”
Since reaching a peak in May of $625,100, the MLS® Home Price Index composite benchmark
price for all residential properties in Greater Vancouver has declined 4.5 per cent to $596,900.
This represents a 1.7 per cent decline when we compared to this time last year.

Sales of detached properties in Greater Vancouver reached 629 in November, a decrease of 31.3
per cent from the 916 detached sales recorded in November 2011, and a 40.1 per cent decrease
from the 1,050 units sold in November 2010. Since reaching a peak in May, the benchmark price
for a detached property in Greater Vancouver has declined 5.5 per cent to $914,500.
Sales of apartment properties reached 750 in November 2012, a 25 per cent decrease compared
to the 1,000 sales in November 2011, and a decrease of 28.7 per cent compared to the 1,052 sales
in November 2010. Since reaching a peak in May, the benchmark price for an apartment
property in Greater Vancouver has declined 3.9 per cent to $364,900.
Attached property sales in November 2012 totalled 307, a 30.9 per cent decrease compared to the
444 sales in November 2011, and a 24.6 per cent decrease from the 407 attached properties sold
in November 2010. Since reaching a peak in April, the benchmark price for an attached property
in Greater Vancouver has declined 3.6 per cent to $454,300.
Feature Facts:

Of the 15,689 homes currently for sale on the MLS® in Greater Vancouver, 49.6 per cent
are listed for $600,000 or less. Of those, 1,321 are detached properties, 5,039 are
condominiums and 1,419 are townhomes.

Of the 1,686 homes that sold in Greater Vancouver in November, 273 (16%) sold for $1
million or more.
-30-

The 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 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 of Communication
Real Estate Board of Greater Vancouver
Phone: (604) 730-3146
cmunn@rebgv.org

November 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

$538,100
$596,900
$573,800
$551,000
$505,900
$565,700
$501,400
$514,400
$388,700
$358,800
$639,900
$387,400
$396,000
$512,700
$569,900
$385,900
$353,100
$589,300
$605,000
$789,100
$1,501,500
$453,300

151.9
156.5
124.4
152.1
151.1
159.5
148.3
143.1
131.4
154.0
144.8
140.3
140.6
141.6
165.5
124.6
123.7
148.5
177.0
166.3
161.2
108.0

-0.9%
-1.1%
-2.1%
-2.2%
-0.5%
-1.1%
-0.3%
-2.3%
-0.8%
-1.3%
-1.3%
2.0%
-0.7%
0.3%
-0.5%
-1.8%
-3.3%
-1.3%
-0.5%
-0.3%
-3.0%
-2.2%

-1.9%
-2.1%
-3.7%
-1.9%
-1.2%
-1.2%
-0.8%
-6.2%
-0.3%
-2.2%
-2.2%
2.9%
-0.1%
-0.2%
-1.3%
-5.0%
-3.6%
-2.9%
-1.4%
-1.7%
-6.2%
-6.2%

-3.6%
-4.5%
-8.3%
-4.0%
-4.1%
-3.1%
-2.1%
-8.2%
-0.9%
-3.6%
-3.6%
2.3%
-3.2%
0.3%
-4.5%
-4.5%
-4.2%
-3.9%
-2.2%
-6.1%
-9.1%
-7.8%

-0.9%
-1.7%
-1.7%
0.5%
-2.4%
-1.8%
1.6%
-4.1%
-0.2%
-1.2%
1.8%
1.2%
-1.1%
5.9%
-2.2%
3.3%
-2.1%
-0.6%
1.1%
-3.6%
-2.4%
0.5%

7.6%
8.6%
-5.9%
5.8%
6.0%
10.8%
8.0%
4.5%
0.2%
5.1%
5.6%
3.8%
0.7%
4.7%
11.1%
-1.0%
-6.4%
9.0%
15.3%
10.5%
19.8%
-11.3%

6.6%
9.1%
-8.9%
6.7%
6.6%
12.8%
5.5%
5.1%
-4.6%
4.1%
4.5%
-0.3%
-1.5%
1.2%
17.0%
-4.2%
-9.5%
7.3%
19.6%
11.5%
11.6%
-16.4%

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

$749,600
$914,500
$573,800
$719,100
$909,800
$976,600
$705,000
$591,800
$459,200
$645,400
$931,100
$503,100
$553,400
$833,300
$955,500
$483,800
$352,200
$712,000
$835,100
$2,029,300
$1,772,800
$877,000

159.3
169.0
124.4
160.8
175.6
187.2
156.2
142.8
130.5
160.1
148.6
140.4
147.8
154.4
192.4
130.7
123.4
153.3
184.4
208.5
168.8
121.4

-1.1%
-1.4%
-2.1%
-3.1%
-0.6%
-1.2%
-0.4%
-2.5%
-1.7%
-2.1%
-1.5%
0.0%
-0.5%
-2.3%
-1.0%
-2.2%
-3.4%
-1.5%
-0.9%
-1.6%
-2.8%
3.8%

-2.3%
-2.9%
-3.7%
-4.7%
-0.4%
-2.9%
-1.4%
-7.2%
-0.8%
-4.1%
-2.6%
1.4%
-1.1%
-1.7%
-2.0%
-3.8%
-3.4%
-2.3%
-2.8%
-4.1%
-6.4%
4.2%

-3.9%
-5.5%
-8.3%
-6.3%
-3.7%
-2.6%
-1.9%
-9.7%
-1.4%
-6.1%
-5.4%
-0.1%
-1.7%
-1.0%
-6.2%
-4.0%
-4.0%
-3.6%
-3.2%
-9.7%
-9.0%
6.0%

-0.9%
-2.3%
-1.7%
0.6%
1.3%
1.5%
2.6%
-4.5%
1.0%
-0.9%
0.3%
-0.8%
1.4%
4.7%
-4.2%
-2.8%
-2.4%
1.4%
0.5%
-8.4%
-1.1%
-1.6%

14.8%
17.8%
-5.9%
11.9%
21.0%
29.5%
14.1%
5.5%
1.3%
11.8%
9.6%
4.1%
7.9%
13.4%
25.5%
1.5%
-6.5%
14.1%
23.5%
27.8%
24.9%
-3.7%

14.4%
19.8%
-8.9%
15.3%
24.6%
34.5%
13.0%
5.9%
-3.1%
15.0%
8.5%
2.4%
7.5%
10.3%
34.9%
0.8%
-9.7%
10.8%
30.0%
33.6%
17.0%
-7.7%

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

November 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

$389,500
$454,300
$414,000
$385,300
$415,800
$388,700
$434,600
$270,700
$383,900
$575,700
$332,100
$370,100
$413,400
$492,500
$328,200
$447,600
$499,600
$679,000
$443,600

141.4
147.4
148.5
143.7
149.2
142.8
144.0
131.5
144.2
137.8
143.7
140.9
139.7
159.2
119.1
138.4
164.7
153.6
119.5

-0.1%
-0.7%
-0.3%
-0.6%
0.9%
0.2%
-3.5%
-0.3%
-3.6%
-0.5%
3.1%
-0.1%
0.5%
-0.6%
-2.8%
-3.2%
-0.8%
0.2%
1.4%

-1.6%
-1.7%
-1.4%
-2.9%
-0.1%
1.6%
-3.3%
-1.2%
-1.4%
-2.4%
3.3%
1.6%
1.3%
-2.0%
-7.5%
-2.4%
-2.5%
-1.4%
-3.8%

-3.2%
-3.3%
-1.7%
-3.2%
-2.1%
1.5%
-5.2%
-1.6%
-3.4%
-4.4%
3.4%
-2.3%
1.6%
-3.3%
-7.2%
-6.0%
-3.7%
-4.4%
-7.0%

-2.0%
-2.1%
1.8%
-8.6%
-1.2%
5.1%
-0.9%
-3.5%
-1.5%
-3.1%
3.8%
-0.3%
2.7%
-3.3%
13.2%
-6.8%
-3.1%
-1.9%
17.9%

3.1%
5.1%
4.7%
2.1%
5.8%
5.2%
4.0%
-2.7%
4.5%
0.8%
6.9%
1.4%
2.7%
10.5%
-7.1%
0.0%
8.6%
7.9%
1.4%

1.9%
6.0%
7.0%
2.0%
8.7%
3.5%
3.6%
-6.9%
5.0%
3.1%
2.6%
-0.8%
-0.9%
15.7%
-5.9%
-0.4%
10.4%
10.3%
-3.7%

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

$334,600
$364,900
$357,500
$327,700
$367,600
$251,100
$302,100
$186,800
$267,500
$349,000
$232,700
$220,000
$320,600
$339,600
$241,100
$323,500
$308,300
$468,400
$590,400
$227,000

146.8
147.5
135.7
138.5
147.6
138.2
143.2
136.2
152.9
141.7
137.5
130.4
133.6
144.0
116.0
136.1
170.1
151.6
129.0
81.5

-1.0%
-1.1%
-2.4%
-0.4%
-1.6%
-0.1%
-0.6%
2.1%
-0.8%
-1.3%
4.5%
-1.4%
2.5%
-0.1%
-0.3%
-0.4%
-0.1%
0.4%
-3.4%
-5.5%

-1.5%
-1.4%
4.7%
-0.8%
0.1%
-0.9%
-6.0%
2.9%
-1.6%
-1.9%
5.2%
0.0%
-0.3%
-0.2%
-6.0%
-5.4%
0.4%
-0.5%
-3.7%
-8.2%

-3.4%
-3.9%
-2.9%
-4.2%
-3.7%
-3.9%
-5.2%
3.2%
-2.6%
-1.0%
6.3%
-6.1%
0.2%
-3.4%
-3.4%
-4.8%
-0.8%
-4.1%
-9.1%
-7.7%

-0.5%
-1.0%
-1.5%
-2.2%
-4.7%
-1.8%
-5.0%
0.4%
-1.4%
5.6%
2.7%
-5.2%
9.2%
0.2%
16.2%
-5.2%
3.1%
-1.0%
-8.1%
-0.5%

0.6%
1.0%
-9.2%
-2.3%
2.0%
-0.4%
1.5%
0.0%
2.8%
2.3%
1.0%
-8.9%
-0.5%
-2.8%
-1.4%
-3.5%
6.5%
2.8%
-2.4%
-33.7%

-1.2%
0.1%
-13.1%
-3.1%
2.4%
-5.3%
3.5%
-8.6%
0.8%
-0.1%
-7.7%
-13.6%
-3.7%
0.5%
-13.6%
-1.7%
8.4%
2.3%
-11.4%
-38.4%

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

Nov 2012
Sep 2012
Jul 2012
May 2012
Mar 2012
Jan 2012
Nov 2011
Apartment

Sep 2011
Jul 2011
May 2011
Mar 2011

Townhouse

Sep 2010
Jul 2010
May 2010

Detached

Mar 2010
Jan 2010
Nov 2009
Sep 2009

Residential

Jul 2009
May 2009
Mar 2009
Jan 2009
Nov 2008
Sep 2008
Jul 2008
May 2008
Mar 2008
Jan 2008
90

100

110

120

130

140

150

160

170

180

Nov 2007
190

Jan 2005 HPI = 100

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

Nov 2010

Price Index

Greater Vancouver
5 Year Trend

Jan 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

$898,500

$490,000

$355,000

Apartment

821

Attached

Attached

1,217

Detached

Detached

$367,000

Apartment

1,723

$476,000

Apartment

$918,000

638

Attached

Attached

780

Detached

Detached

$355,000

Apartment

1,357

$470,000

Apartment

$895,000

Attached

82

Attached

Detached

84

Detached

120

$377,500

Apartment

$526,000

Apartment

58

Attached

Attached

56

Detached

$860,000

$361,000

Apartment

Detached

$490,000

Attached

122

$845,000

Detached

Apartment

102

34

Attached

Apartment

49

Detached

Coquit
lam
$292,500

$455,500

$708,150

670

502

1,255

$283,000

$463,750

$735,000

645

364

1,016

$319,000

$533,000

$700,000

55

32

89

$256,900

$450,000

$710,000

52

20

68

$273,250

$434,950

$725,000

40

22

60

Delta South
$335,500

$443,000

$660,000

140

80

574

$325,750

$450,000

$669,800

120

62

419

n/a

n/a

$650,000

8

5

26

n/a

n/a

$639,000

10

3

34

n/a

n/a

$633,500

13

4

24

Islands
- Gulf
n/a

n/a

$595,000

0

1

34

n/a

n/a

$362,500

0

1

32

n/a

n/a

n/a

0

0

2

n/a

n/a

n/a

0

0

4

n/a

n/a

n/a

0

0

1

$215,500

$304,706

$481,759

276

464

1,076

$216,000

$292,500

$478,000

289

351

1,007

$248,250

$291,298

$470,900

38

40

93

$202,450

$275,250

$457,000

30

29

89

$259,950

n/a

$475,750

32

16

n/a

n/a

54

15

11

$301,500

$410,750

$630,000

824

126

323

$303,650

$425,000

$662,133

717

123

258

$301,000

n/a

$712,000

63

9

20

$299,950

n/a

$610,000

50

9

26

$278,500

Maple
R
id
g
e/Pitt M
eadow
s
58

$365,000

$639,000

$923,500

833

369

1,138

$376,000

$638,000

$988,900

727

283

888

$349,858

$671,200

$962,000

80

45

76

$405,000

$615,000

$918,500

56

25

78

$375,000

$605,000

$905,000

59

25

60

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. Nov. 2011

Year-to-date

Jan. Nov. 2012

November
2011

October
2012

November
2012

Number
of
Sales

November
2012

2012

Port C
oquitla
m
$237,250

$390,000

$545,000

276

221

437

$241,250

$383,274

$542,500

266

213

368

$220,000

n/a

$583,000

23

17

39

n/a

n/a

$514,000

15

19

32

$217,000

n/a

$499,000

21

16

22

$335,000

$432,500

$792,500

261

228

220

$333,500

$433,750

$780,000

208

186

178

$322,500

$426,000

n/a

23

27

18

n/a

n/a

n/a

14

11

7

n/a

n/a

n/a

12

15
81

50

76

Richm
ond
$351,000

$545,000

$992,500

1,467

972

1,645

$335,000

$520,000

$980,000

1,047

692

932

$336,500

$530,000

$948,500

95

76

101

$325,000

$507,000

$1,038,000

85

61

79

$320,000

$494,750

$1,070,000

Port M
oody/B
elcarra
15

$232,500

$355,000

$485,000

34

83

176

$259,000

$357,627

$500,000

42

92

171

n/a

n/a

$536,000

3

6

20

n/a

n/a

n/a

3

4

14

n/a

n/a

n/a

7

12

13

Squam
ish

19

$304,000

$272,750

$395,000

51

40

428

$270,500

$275,000

$397,400

52

37

458

n/a

n/a

$369,250

1

3

34

n/a

n/a

$356,250

5

5

46

n/a

n/a

$365,000

4

0

30

Sunsh
ine Co
ast

11

y

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$342,700

$600,000

$825,000

1,105

396

1,724

$345,000

$625,000

$870,000

1,095

345

1,213

$320,000

$585,000

$851,000

101

30

112

$310,000

$622,000

$825,000

70

21

93

$339,800

$598,000

$869,000

69

35

91

Vanco
uver W
est
$485,000

$865,000

$2,075,000

4,159

702

1,924

$480,000

$862,500

$2,072,750

3,261

506

1,194

$465,000

$778,500

$2,155,500

360

48

121

$482,450

$843,000

$2,182,500

264

49

104

$468,500

$908,500

$1,878,000

241

40

77

$732,500

$1,119,500

$1,795,000

198

60

1,125

$710,000

$1,190,000

$1,847,500

151

63

580

n/a

n/a

$1,822,500

14

8

66

n/a

n/a

$1,758,000

12

2

51

n/a

n/a

$1,432,500

8

3

32

n/a

7

20

10

$238,000

$567,500

$855,000

94

154

103

$229,000

$550,000

$966,300

144

219

100

n/a

n/a

n/a

16

16

15

n/a

$602,500

n/a

15

22

9

n/a

$512,000

Sound
Wes
t
V
a
n
couve
r/Howe

MLS® SALES Facts

Whistl
er/Pem
berton
n/a

12,111

5,219

13,399

n/a

10,121

4,175

9,594

n/a

1,000

444

916

n/a

803

338

790

n/a

750

307

629

% 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

103

80

Detached

Attached

61%

60%

56%

Apartment

1,361

Attached

Attached

2,009

Detached

Detached

42%

Apartment

3,055

47%

Apartment

37%

Attached

Attached

1,363

Detached

Detached

2,108

Apartment

3,264

65%

Attached

Apartment

82%

103%

Detached

184

57%

Apartment

Apartment

58%

100

Attached

41%

136

Detached

Attached

65%

Apartment

Detached

49%

Attached

214

49%

Detached

Apartment

158

69

Attached

Apartment

99

Detached

94

Coquit
lam
46%

61%

59%

1,463

824

2,133

41%

49%

50%

1,557

743

2,050

56%

67%

72%

99

48

124

41%

30%

49%

127

67

139

49%

63%

64%

81

35

Delta South
57%

64%

69%

244

125

835

46%

52%

54%

261

120

775

57%

100%

100%

14

5

26

38%

25%

63%

26

12

54

100%

200%

96%

13

2

25

Islands
- Gulf
0%

25%

22%

10

4

154

n/a

50%

23%

0

2

137

n/a

0%

25%

0

1

8

n/a

n/a

57%

0

0

7

n/a

n/a

11%

0

0

9

43%

63%

49%

640

731

2,204

46%

49%

45%

622

722

2,229

51%

111%

74%

75

36

125

67%

51%

51%

45

57

175

65%

33%

63%

49

48

92

Maple
R
id
g
e/Pitt M
eadow
s
55%

63%

69%

1,491

200

466

45%

52%

54%

1,583

236

474

82%

113%

87%

77

8

23

40%

50%

62%

125

18

42

67%

214%

61%

81

7

18

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

Year-to-date*

Jan. Nov. 2011

Year-to-date*

Jan. Nov. 2012

November
2011

October
2012

November
2012

Number
of
Listings

November
2012

2012

North
Vanco
uver
50%

63%

64%

1,663

585

1,767

42%

45%

48%

1,723

631

1,850

90%

188%

103%

89

24

74

41%

49%

58%

136

51

135

73%

83%

69%

81

30

87

Port C
oquitla
m
40%

58%

63%

685

378

690

45%

51%

52%

592

414

705

92%

65%

103%

25

26

38

33%

40%

65%

46

48

49

66%

46%

100%

32

35

22

Port M
oody/B
elcarra
44%

58%

48%

593

395

455

40%

50%

40%

520

369

448

70%

123%

62%

33

22

29

48%

55%

19%

29

20

37

50%

83%

79%

24

18

19

Richm
ond
49%

52%

46%

3,008

1,869

3,603

38%

42%

29%

2,791

1,633

3,252

53%

73%

65%

178

104

155

40%

50%

38%

211

122

210

56%

54%

55%

145

93

139

Squam
ish
14%

42%

39%

235

198

447

22%

40%

38%

187

229

450

43%

32%

77%

7

19

26

17%

18%

41%

18

22

34

233%

100%

54%

3

12

24

30%

45%

37%

169

88

1,162

43%

32%

38%

120

117

1,204

17%

150%

58%

6

2

59

71%

100%

60%

7

5

77

80%

0%

60%

5

15

50

Sunsh
ine Co
ast

19

54%

61%

61%

2,033

651

2,824

50%

46%

45%

2,187

742

2,674

88%

70%

74%

115

43

152

45%

30%

43%

154

70

215

68%

67%

82%

102

52

111

Vanco
uver E
ast

11

y

Burnab

er
New W
estmin
st

Vanco
uver W
est
51%

53%

55%

8,084

1,314

3,500

42%

39%

34%

7,821

1,297

3,502

73%

54%

74%

496

89

164

40%

43%

46%

667

115

226

62%

60%

48%

387

67

159

Sound
55%

52%

58%

360

115

1,940

40%

38%

35%

380

166

1,662

78%

200%

71%

18

4

93

30%

13%

38%

40

15

134

47%

60%

44%

17

5

72

Wes
t
V
a
n
couve
r/Howe

MLS® LISTINGS Facts

24%

34%

33%

386

450

314

38%

58%

31%

383

378

326

47%

47%

54%

34

34

28

45%

69%

43%

33

32

21

22%

100%

50%

32

20

20

Whistl
er/Pem
berton
n/a

24,119

9,288

24,503

n/a

23,991

9,162

23,846

n/a

1,450

545

1,227

n/a

1,878

754

1,691

n/a

1,210

508

1,040

Listing & Sales Activity Summary
Listings

Sales

1
Nov
2011

2
Oct
2012

3
Nov
2012

5
Nov
2011

6
Oct
2012

7
Nov
2012

103
80
184

136
100
214

99
69
158

-27.2
-31.0
-26.2

84
82
120

56
58
122

49
34
102

-12.5
-41.4
-16.4

251
192
379

143
129
323

-43.0
-32.8
-14.8

124
48
99

139
67
127

94
35
81

-32.4
-47.8
-36.2

89
32
55

68
20
52

60
22
40

-11.8
10.0
-23.1

280
79
167

195
65
145

-30.4
-17.7
-13.2

26
5
14

54
12
26

25
2
13

-53.7
-83.3
-50.0

26
5
8

34
3
10

24
4
13

-29.4
33.3
30.0

93
18
31

87
8
34

-6.5
-55.6
9.7

125
36
75

175
57
45

92
48
49

-47.4
-15.8
8.9

93
40
38

89
29
30

58
16
32

-34.8
-44.8
6.7

255
106
78

215
58
80

-15.7
-45.3
2.6

74
24
89

135
51
136

87
30
81

-35.6
-41.2
-40.4

76
45
80

78
25
56

60
25
59

-23.1
0.0
5.4

247
105
214

182
63
158

-26.3
-40.0
-26.2

23
8
77

42
18
125

18
7
81

-57.1
-61.1
-35.2

20
9
63

26
9
50

11
15
54

-57.7
66.7
8.0

78
25
198

49
30
145

-37.2
20.0
-26.8

29
22
33

37
20
29

19
18
24

-48.6
-10.0
-17.2

18
27
23

7
11
14

15
15
12

114.3
36.4
-14.3

51
67
66

32
35
37

-37.3
-47.8
-43.9

38
26
25

49
48
46

22
35
32

-55.1
-27.1
-30.4

39
17
23

32
19
15

22
16
21

-31.3
-15.8
40.0

109
60
72

75
45
46

-31.2
-25.0
-36.1

155
104
178

210
122
211

139
93
145

-33.8
-23.8
-31.3

101
76
95

79
61
85

76
50
81

-3.8
-18.0
-4.7

316
202
293

209
157
239

-33.9
-22.3
-18.4

59
2
6

77
5
7

50
15
5

-35.1
200.0
-28.6

34
3
1

46
5
5

30
0
4

-34.8
-100.0
-20.0

112
9
12

106
6
16

-5.4
-33.3
33.3

26
19
7

34
22
18

24
12
3

-29.4
-45.5
-83.3

20
6
3

14
4
3

13
12
7

-7.1
200.0
133.3

53
18
5

37
24
11

-30.2
33.3
120.0

152
43
115

215
70
154

111
52
102

-48.4
-25.7
-33.8

112
30
101

93
21
70

91
35
69

-2.2
66.7
-1.4

379
99
282

258
75
210

-31.9
-24.2
-25.5

164
89
496

226
115
667

159
67
387

-29.6
-41.7
-42.0

121
48
360

104
49
264

77
40
241

-26.0
-18.4
-8.7

345
145
1004

267
124
717

-22.6
-14.5
-28.6

28
34
34

21
32
33

20
20
32

-4.8
-37.5
-3.0

15
16
16

9
22
15

10
20
7

11.1
-9.1
-53.3

37
53
41

26
65
36

-29.7
22.6
-12.2

93
4
18

134
15
40

72
5
17

-46.3
-66.7
-57.5

66
8
14

51
2
12

32
3
8

-37.3
50.0
-33.3

227
15
38

126
7
32

-44.5
-53.3
-15.8

1219
544
1450

1684
754
1878

1031
508
1210

-38.8
-32.6
-35.6

914
444
1000

786
338
803

628
307
750

-20.1
-9.2
-6.6

2833
1193
2880

2007
891
2229

-29.2
-25.3
-22.6

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

%

Col. 6 & 7
Percentage
Variance

9
Sep 2011 Nov 2011

10
Sep 2012 Nov 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

$428,825

$545,658

$1,053,902

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 November 2012