You are on page 1of 9

News Release

FOR IMMEDIATE RELEASE:

Metro Vancouver home buyers out in force in March


VANCOUVER, B.C. April 2, 2015 Demand continued to rise across Metro Vancouver's
housing market in March.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 4,060 on the Multiple Listing Service (MLS) in March 2015.
This represents a 53.7 per cent increase compared to the 2,641 sales recorded in March 2014, and
a 32.6 per cent increase compared to the 3,061 sales in February 2015.
Last months sales were 26.8 per cent above the 10-year sales average for the month.
"We're seeing strong competition amongst home buyers today. This is leading to more multiple
offer situations and some upward pressure on home prices, Darcy McLeod, REBGV president
said. For sellers, this means that it's taking less time, on average, for your home to sell if you
have it priced correctly for today's market."
New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,968
in March. This represents a 13 per cent increase compared to the 5,281 new listings reported in
March 2014.
Last months new listing count was 4.7 per cent higher than the regions 10-year new listing
average for the month.
The total number of properties currently listed for sale on the REBGV MLS is 12,376, a 14.5
per cent decline compared to March 2014 and a 4 per cent increase compared to February 2015.
The number of homes for sale today is below whats typical for this time of year, McLeod
said. If youve been considering putting your property on the market, these market conditions
indicate that now may be a good time to list.
The MLS Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $660,700. This represents a 7.2 per cent increase compared to March
2014.
The sales-to-active-listings ratio in March was 32.8 per cent. This is the highest that this ratio has
been in Metro Vancouver since July 2007.

Sales of detached properties in March 2015 reached 1,711, an increase of 53.3 per cent from the
1,116 detached sales recorded in March 2014, and an 83.4 per cent increase from the 933 units
sold in March 2013. The benchmark price for a detached property in Metro Vancouver increased
11.2 per cent from March 2014 to $1,052,800.
Sales of apartment properties reached 1,627 in March 2015, an increase of 47.1 per cent
compared to the 1,106 sales in March 2014, and an increase of 65.7 per cent compared to the 982
sales in March 2013. The benchmark price of an apartment property increased 3.3 per cent from
March 2014 to $390,200.
Attached property sales in March 2015 totalled 722, an increase of 72.3 per cent compared to the
419 sales in March 2014, and a 67.1 per cent increase from the 432 attached properties sold in
March 2013. The benchmark price of an attached unit increased 4.9 per cent between March
2014 and 2015 to $484,900.
*Editors Note: Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast,

Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody,
Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta.

-30The real estate industry is a key economic driver in British Columbia. In 2014, 33,116 homes changed ownership in
the Boards area, generating $2.136 billion in economic spin-off activity and an estimated 16,227 jobs. The total
dollar value of residential sales transacted through the MLS system in Greater Vancouver totalled $27.3 billion in
2014. The Real Estate Board of Greater Vancouver is an association representing nearly 12,000 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
Manager, Communication
Real Estate Board of Greater Vancouver
604.730.3146
cmunn@rebgv.org

March 2015

*
Benchmark
Price

Price
Index

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

$585,200
$660,700
$591,800
$615,500
$561,400
$617,300
$552,700
$575,200
$403,100
$387,200
$726,900
$406,900
$421,000
$566,400
$618,100
$436,000
$355,400
$653,100
$679,100
$901,100
$1,816,200
$501,000

165.0
172.9
128.3
169.9
168.7
174.5
163.5
160.0
136.2
164.9
164.0
148.9
149.2
156.6
179.1
142.1
124.5
163.6
198.9
189.9
194.9
116.4

1.5%
1.7%
0.7%
2.2%
2.4%
1.2%
1.5%
2.5%
0.9%
1.1%
3.1%
0.8%
1.1%
1.8%
1.5%
2.2%
1.2%
3.9%
1.2%
2.0%
3.3%
0.3%

3.0%
3.2%
0.4%
3.1%
3.4%
2.0%
3.0%
2.6%
1.7%
1.9%
4.8%
1.8%
1.0%
3.8%
3.3%
4.7%
0.9%
3.0%
2.8%
3.8%
8.5%
2.3%

3.4%
4.0%
0.5%
3.8%
4.5%
3.8%
3.7%
3.9%
2.2%
1.7%
6.2%
3.6%
1.7%
4.3%
3.9%
3.6%
0.2%
5.2%
3.8%
4.9%
6.9%
0.9%

5.9%
7.2%
4.5%
6.6%
7.3%
7.3%
7.6%
6.7%
5.3%
3.8%
10.4%
3.9%
4.9%
8.0%
5.9%
14.7%
4.4%
7.8%
7.6%
7.8%
11.4%
15.4%

6.2%
7.2%
-2.2%
8.1%
8.7%
7.1%
10.4%
4.8%
2.7%
4.4%
11.4%
8.3%
3.5%
14.0%
3.4%
17.4%
-2.6%
6.9%
11.4%
9.2%
13.2%
5.6%

12.3%
14.8%
-3.9%
13.1%
13.4%
16.5%
14.7%
12.4%
-0.4%
9.5%
15.8%
5.5%
2.8%
12.1%
13.1%
10.0%
-5.7%
15.1%
24.2%
19.7%
36.6%
-2.7%

63.4%
71.0%
26.5%
68.2%
67.2%
72.9%
62.2%
59.0%
35.5%
62.9%
62.5%
48.0%
48.0%
55.2%
77.7%
40.7%
23.0%
62.1%
96.9%
86.5%
93.0%
15.6%

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

$843,700
$1,052,800
$591,800
$827,300
$1,061,100
$1,096,000
$807,500
$675,100
$486,100
$721,900
$1,111,200
$531,700
$608,500
$939,000
$1,075,900
$581,700
$353,400
$796,000
$1,015,200
$2,447,700
$2,183,700
$1,005,600

179.2
194.2
128.3
185.0
205.2
209.8
178.9
162.9
138.5
179.1
176.9
149.9
162.3
173.4
215.8
154.6
123.8
171.4
224.4
251.3
207.6
139.2

2.2%
2.6%
0.7%
4.8%
2.6%
2.5%
2.4%
2.8%
1.2%
3.5%
4.3%
0.7%
2.6%
1.2%
2.4%
3.4%
1.2%
4.5%
2.5%
1.8%
4.2%
2.6%

4.1%
4.8%
0.4%
5.0%
5.7%
4.0%
4.7%
2.5%
1.8%
3.7%
6.4%
1.8%
4.0%
2.5%
4.8%
7.0%
0.7%
3.1%
4.7%
5.2%
8.9%
5.1%

5.2%
6.1%
0.5%
5.8%
8.7%
6.3%
5.7%
4.2%
1.6%
4.6%
7.9%
2.4%
3.5%
4.1%
7.2%
6.9%
0.0%
5.6%
7.1%
6.3%
8.0%
6.8%

8.8%
11.2%
4.5%
8.7%
12.9%
10.9%
11.0%
7.5%
6.6%
7.8%
14.8%
7.6%
8.6%
6.8%
12.3%
14.7%
4.4%
7.8%
14.5%
12.3%
12.5%
12.0%

9.5%
10.0%
-2.2%
9.2%
15.8%
12.5%
15.8%
5.2%
5.1%
6.2%
15.7%
6.2%
10.3%
15.2%
4.7%
15.9%
-2.8%
9.1%
20.2%
9.6%
14.6%
16.0%

22.3%
26.9%
-3.9%
21.5%
32.5%
38.1%
24.1%
15.7%
2.7%
17.5%
24.4%
5.5%
13.3%
20.9%
27.9%
13.8%
-6.2%
21.9%
42.9%
38.7%
45.0%
5.1%

77.8%
92.7%
26.5%
82.6%
103.8%
107.9%
77.7%
62.1%
37.9%
77.0%
75.1%
49.0%
61.3%
72.4%
114.1%
52.2%
22.3%
69.4%
122.6%
149.8%
105.3%
37.4%

Property Type

Area

1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
10 Year
Change % Change % Change % Change % Change % Change % Change %

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 13

March 2015

Property Type

Area

Benchmark
Price

Price
Index

1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
10 Year
Change % 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

$405,300
$484,900
$436,300
$410,300
$410,200
$405,000
$467,200
$281,000
$422,200
$621,700
$336,300
$380,800
$434,100
$526,200
$362,600
$464,500
$532,600
$771,400
$498,900

146.7
156.7
156.5
153.0
147.2
148.8
154.8
136.5
158.6
148.8
145.5
144.4
146.7
170.1
131.6
153.5
175.6
174.5
133.4

0.8%
0.7%
0.8%
2.4%
-0.7%
-1.1%
1.4%
0.2%
1.4%
1.4%
2.2%
0.6%
-1.1%
0.5%
1.5%
2.4%
0.7%
1.3%
1.0%

1.7%
1.3%
2.0%
0.5%
-4.1%
1.6%
2.0%
0.7%
1.6%
3.1%
1.5%
0.7%
0.9%
2.0%
0.8%
5.0%
0.6%
2.0%
1.6%

0.8%
1.1%
2.0%
-0.8%
-3.0%
3.2%
1.7%
3.5%
2.4%
1.8%
2.1%
-0.1%
3.2%
2.0%
-3.1%
4.8%
-2.2%
2.2%
-1.3%

3.2%
4.9%
3.9%
1.9%
0.3%
5.3%
1.0%
4.4%
5.3%
4.4%
1.5%
3.9%
7.2%
2.2%
11.6%
4.1%
5.6%
10.2%
15.3%

1.7%
4.2%
4.1%
0.3%
-1.3%
6.8%
4.0%
2.2%
6.3%
2.8%
5.9%
-1.0%
7.9%
4.7%
26.7%
1.1%
2.3%
11.5%
10.4%

3.5%
7.2%
7.2%
3.1%
1.2%
6.4%
6.8%
-3.4%
12.0%
5.9%
2.1%
-0.6%
5.4%
11.2%
8.0%
4.8%
9.5%
15.6%
16.3%

45.7%
55.3%
55.9%
51.0%
46.3%
47.2%
53.1%
35.3%
57.3%
47.8%
44.6%
42.7%
45.0%
68.9%
31.6%
51.8%
72.5%
73.5%
33.4%

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

$351,600
$390,200
$417,800
$355,600
$403,200
$262,000
$324,300
$171,800
$281,600
$370,100
$253,600
$228,600
$358,800
$350,500
$266,600
$334,600
$316,300
$514,400
$637,100
$256,500

153.5
156.9
158.6
150.3
161.9
144.2
153.7
124.1
160.4
150.6
149.9
135.5
149.5
148.0
128.4
141.1
174.5
166.5
139.2
84.1

0.9%
1.0%
-2.1%
2.1%
0.6%
1.1%
2.2%
0.2%
0.1%
2.1%
0.1%
-0.9%
4.8%
0.7%
-2.2%
2.4%
-0.7%
1.9%
-3.5%
-2.5%

1.7%
1.9%
-0.4%
1.9%
1.6%
0.6%
3.4%
2.7%
1.3%
3.0%
1.8%
-3.4%
7.5%
1.8%
4.7%
3.3%
0.3%
2.9%
3.1%
2.4%

1.9%
2.5%
0.4%
2.5%
3.3%
0.6%
4.8%
3.3%
0.4%
5.2%
5.6%
0.7%
4.8%
0.1%
4.8%
4.7%
0.6%
4.0%
-1.1%
1.2%

2.5%
3.3%
3.3%
4.2%
5.9%
2.6%
10.0%
-1.0%
1.8%
5.9%
1.6%
0.1%
9.0%
-0.7%
28.3%
9.5%
-0.7%
4.8%
5.7%
28.8%

2.8%
4.3%
14.9%
6.0%
4.9%
1.8%
3.2%
-8.3%
3.4%
7.5%
14.3%
-2.4%
15.9%
-1.1%
13.3%
1.0%
2.8%
7.8%
4.0%
7.8%

2.5%
4.5%
3.1%
3.6%
7.9%
1.9%
5.9%
-10.0%
6.0%
6.7%
8.5%
-8.1%
8.9%
-3.3%
2.8%
-3.6%
5.8%
9.5%
-1.2%
-27.9%

51.4%
54.6%
56.6%
49.0%
60.1%
42.9%
53.5%
23.2%
58.5%
49.4%
48.9%
34.3%
48.3%
46.4%
27.6%
41.0%
72.4%
62.6%
38.4%
-16.7%

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.
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 13

Mar 2015
Jan 2015
Nov 2014
Sep 2014
Jul 2014
May 2014
Mar 2014
Apartment

Jan 2014
Nov 2013
Sep 2013
Jul 2013

Townhouse

Mar 2013
Jan 2013
Nov 2012
Sep 2012

Detached

Jul 2012
May 2012
Mar 2012
Jan 2012

Residential

Nov 2011
Sep 2011
Jul 2011
May 2011
Mar 2011
Jan 2011
Nov 2010
Sep 2010
Jul 2010
May 2010
60

80

100

120

Price
140
Index

160

180

200

Mar 2010
220

Jan 2005 HPI = 100

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

Greater Vancouver
5 Year Trend

May 2013

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

$995,000

$510,000

$376,000

Attached

Apartment

147

Attached

Detached

229

Detached

375

$389,900

Apartment

Apartment

$495,000

Attached

233

Attached

$1,200,000

395

Detached

Detached

$378,500

Apartment

470

$526,750

Apartment

$992,500

Attached

59

Attached

Detached

89

Detached

138

$411,000

Apartment

Apartment

$515,400

88

Attached

$1,195,500

121

Detached

Attached

$390,000

Apartment

Detached

$517,000

Attached

156

$1,219,000

Detached

Apartment

210

92

Attached

Apartment

188

Detached

Coquit
lam
$292,900

$472,500

$732,250

161

112

252

$319,900

$470,000

$839,800

251

119

311

$281,500

$510,750

$769,214

62

36

98

$307,500

$486,000

$834,750

88

35

119

$337,700

$471,450

$842,000

110

56

137

Delta South
$321,500

n/a

$668,000

34

103

$345,000

$475,000

$785,000

52

22

151

n/a

n/a

$637,500

15

35

n/a

n/a

$714,357

10

54

$375,000

n/a

$800,000

31

11

66

Islands
- Gulf
n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$222,000

$305,450

$475,000

91

95

261

$215,000

$302,375

$522,000

76

118

355

$208,000

$314,950

$465,000

36

36

113

$209,900

$288,080

$545,000

25

39

127

$223,950

$320,137

$530,000

29

58
87

16

35

$308,000

$427,000

$694,750

176

25

62

$302,500

$475,000

$743,000

223

37

79

$320,555

n/a

$650,000

62

21

$298,750

n/a

$752,500

78

12

28

$322,500

n/a

$729,000

Maple
R
id
g
e/Pitt M
eadow
s
149

$371,000

$662,000

$1,070,000

190

81

282

$391,100

$675,000

$1,265,000

292

140

381

$360,858

$705,000

$1,059,000

69

25

134

$369,000

$674,900

$1,278,750

94

53

124

$405,000

$675,000

$1,290,000

141

65

189

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. Mar. 2014

Year-to-date

Jan. Mar. 2015

March
2014

February
2015

March
2015

Number
of
Sales

March
2015

2015

Port C
oquitla
m
$245,714

$378,500

$557,000

77

76

101

$239,450

$407,750

$604,500

100

85

109

$237,198

$378,500

$555,500

36

25

40

$242,500

$429,900

$576,000

32

21

38

$234,000

$399,950

$625,000

48

41

49

$332,500

$414,900

$938,000

56

51

43

$378,900

$392,500

$953,500

55

42

66

n/a

$440,000

n/a

19

20

14

$370,000

n/a

$932,500

22

14

20

$384,500

$392,000

$985,000

20

21
195

117

229

Richm
ond
$342,829

$525,000

$1,030,000

324

215

393

$341,950

$549,950

$1,100,000

435

277

511

$338,993

$518,000

$956,500

119

75

135

$336,000

$550,000

$1,050,000

138

94

164

$345,000

$549,950

$1,159,000

Port M
oody/B
elcarra
35

$238,500

$327,480

$537,250

23

26

54

$247,500

$389,900

$620,000

36

51

74

n/a

n/a

$560,000

14

24

n/a

n/a

$640,000

10

19

27

n/a

$414,900

$620,000

15

23

38

Squam
ish

22

n/a

n/a

$360,750

17

13

84

n/a

n/a

$375,000

18

11

120

n/a

n/a

$370,000

33

n/a

n/a

$360,327

31

n/a

n/a

$418,154

54

Sunsh
ine Co
ast

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$325,000

$656,000

$938,000

331

114

370

$352,950

$685,000

$1,100,094

420

128

450

$345,000

$635,000

$936,500

134

39

160

$348,950

$691,500

$1,098,000

135

44

145

$376,000

$715,000

$1,137,500

190

63

210

Vanco
uver W
est
$496,150

$835,000

$2,416,500

941

124

436

$500,000

$918,500

$2,600,000

1,135

207

475

$498,950

$848,077

$2,375,000

373

48

147

$499,000

$948,000

$2,581,500

399

63

166

$502,107

$959,000

$2,718,000

506

108

209

$830,000

n/a

$2,125,000

35

17

168

$810,750

$955,000

$2,289,000

45

27

266

n/a

n/a

$1,999,000

11

61

$835,000

n/a

$2,367,500

22

118

n/a

n/a

$2,300,000

16

17

101

n/a

24

28

17

$134,000

$630,000

$1,345,000

60

60

32

$279,000

$570,000

$1,230,000

72

69

36

$137,500

$745,000

n/a

20

21

12

$335,000

$470,000

n/a

26

23

12

$253,000

$603,500

Sound
Wes
t
V
a
n
couve
r/Howe

MLS SALES Facts

Whistl
er/Pem
berton
n/a

2,891

1,164

2,876

n/a

3,680

1,566

3,788

n/a

1,106

419

1,116

n/a

1,244

521

1,296

n/a

1,627

722

1,711

% 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

41%

50%

48%

Attached

Apartment

292

Attached

Detached

563

Detached

786

52%

Apartment

Apartment

62%

Attached

373

Attached

62%

635

Detached

Detached

46%

Apartment

907

55%

Apartment

46%

Attached

107

Attached

Detached

194

Detached

301

57%

Apartment

Apartment

62%

141

Attached

57%

211

Detached

Attached

61%

Apartment

Detached

66%

Attached

276

80%

Detached

Apartment

343

139

Attached

Apartment

236

Detached

Coquit
lam
37%

59%

46%

433

190

542

52%

63%

64%

486

190

488

48%

49%

43%

129

74

229

59%

57%

85%

150

61

140

58%

75%

68%

189

75

201

Delta South
48%

25%

39%

71

32

264

59%

69%

70%

88

32

216

71%

27%

40%

21

15

88

40%

89%

87%

25

62

111%

79%

73%

28

14

90

Islands
- Gulf
n/a

0%

25%

24

n/a

0%

36%

25

n/a

0%

0%

13

n/a

n/a

22%

n/a

n/a

56%

48%

43%

45%

191

221

574

40%

48%

61%

188

247

581

67%

49%

49%

54

73

231

38%

54%

67%

65

72

190

42%

61%

61%

69

95

243

Maple
R
id
g
e/Pitt M
eadow
s
42%

51%

45%

424

49

139

46%

51%

80%

486

73

99

44%

33%

38%

142

21

56

61%

48%

67%

128

25

42

49%

59%

109%

178

27

32

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

Year-to-date*

Jan. Mar. 2014

Year-to-date*

Jan. Mar. 2015

March
2014

February
2015

March
2015

Number
of
Listings

March
2015

2015

North
Vanco
uver
36%

49%

54%

525

166

526

51%

70%

64%

569

199

596

43%

47%

71%

161

53

189

46%

76%

60%

206

70

208

67%

98%

80%

211

66

237

Port C
oquitla
m
34%

66%

60%

227

116

167

43%

77%

69%

231

110

158

46%

71%

62%

79

35

65

52%

46%

84%

61

46

45

50%

95%

74%

96

43

66

Port M
oody/B
elcarra
44%

62%

41%

128

82

106

53%

59%

56%

103

71

118

40%

61%

32%

48

33

44

65%

45%

57%

34

31

35

54%

72%

69%

37

29

51

Richm
ond
39%

51%

47%

828

421

841

45%

68%

62%

975

409

820

42%

56%

53%

282

134

254

42%

73%

63%

328

128

262

61%

80%

80%

321

146

285

Squam
ish
59%

41%

41%

39

64

131

64%

77%

64%

56

66

116

64%

56%

60%

11

25

40

67%

79%

69%

15

24

39

65%

100%

67%

23

23

57

49%

59%

24%

35

22

348

64%

31%

37%

28

35

323

45%

56%

26%

11

129

100%

14%

34%

14

91

45%

43%

36%

11

14

151

Sunsh
ine Co
ast

22

51%

52%

57%

652

220

654

60%

72%

64%

701

177

701

60%

58%

65%

222

67

245

61%

73%

62%

223

60

235

77%

81%

70%

248

78

298

Vanco
uver E
ast

Burnab

er
New W
estmin
st

Vanco
uver W
est
46%

41%

44%

2,051

305

987

55%

55%

48%

2,057

378

988

52%

46%

49%

719

104

300

56%

48%

41%

709

132

404

70%

72%

68%

727

149

306

Sound
37%

47%

35%

95

36

479

47%

55%

43%

95

49

614

42%

36%

43%

26

14

141

63%

29%

49%

35

21

240

73%

89%

55%

22

19

182

Wes
t
V
a
n
couve
r/Howe

MLS LISTINGS Facts

50%

66%

48%

121

91

67

56%

83%

59%

128

83

61

51%

70%

52%

39

30

23

45%

70%

52%

58

33

23

57%

82%

61%

42

34

28

Whistl
er/Pem
berton
n/a

6,606

2,308

6,412

n/a

7,098

2,493

6,539

n/a

2,245

795

2,241

n/a

2,322

867

2,236

n/a

2,545

951

2,472

Listing & Sales Activity Summary


Listings

Sales

1
Mar
2014

2
Feb
2015

3
Mar
2015

5
Mar
2014

6
Feb
2015

7
Mar
2015

194
107
301

211
141
276

236
139
343

11.8
-1.4
24.3

89
59
138

121
88
156

188
92
210

55.4
4.5
34.6

229
147
375

395
233
470

72.5
58.5
25.3

229
74
129

140
61
150

201
75
189

43.6
23.0
26.0

98
36
62

119
35
88

137
56
110

15.1
60.0
25.0

252
112
161

311
119
251

23.4
6.3
55.9

88
15
21

62
9
25

90
14
28

45.2
55.6
12.0

35
4
15

54
8
10

66
11
31

22.2
37.5
210.0

103
8
34

151
22
52

46.6
175.0
52.9

231
73
54

190
72
65

243
95
69

27.9
31.9
6.2

113
36
36

127
39
25

149
58
29

17.3
48.7
16.0

261
95
91

355
118
76

36.0
24.2
-16.5

189
53
161

208
70
206

237
66
211

13.9
-5.7
2.4

134
25
69

124
53
94

189
65
141

52.4
22.6
50.0

282
81
190

381
140
292

35.1
72.8
53.7

56
21
142

42
25
128

32
27
178

-23.8
8.0
39.1

21
7
62

28
12
78

35
16
87

25.0
33.3
11.5

62
25
176

79
37
223

27.4
48.0
26.7

44
33
48

35
31
34

51
29
37

45.7
-6.5
8.8

14
20
19

20
14
22

35
21
20

75.0
50.0
-9.1

43
51
56

66
42
55

53.5
-17.6
-1.8

65
35
79

45
46
61

66
43
96

46.7
-6.5
57.4

40
25
36

38
21
32

49
41
48

28.9
95.2
50.0

101
76
77

109
85
100

7.9
11.8
29.9

254
134
282

262
128
328

285
146
321

8.8
14.1
-2.1

135
75
119

164
94
138

229
117
195

39.6
24.5
41.3

393
215
324

511
277
435

30.0
28.8
34.3

129
9
11

91
14
9

151
14
11

65.9
0.0
22.2

33
5
5

31
2
9

54
6
5

74.2
200.0
-44.4

84
13
17

120
11
18

42.9
-15.4
5.9

40
25
11

39
24
15

57
23
23

46.2
-4.2
53.3

24
14
7

27
19
10

38
23
15

40.7
21.1
50.0

54
26
23

74
51
36

37.0
96.2
56.5

245
67
222

235
60
223

298
78
248

26.8
30.0
11.2

160
39
134

145
44
135

210
63
190

44.8
43.2
40.7

370
114
331

450
128
420

21.6
12.3
26.9

300
104
719

404
132
709

306
149
727

-24.3
12.9
2.5

147
48
373

166
63
399

209
108
506

25.9
71.4
26.8

436
124
941

475
207
1135

8.9
66.9
20.6

23
30
39

23
33
58

28
34
42

21.7
3.0
-27.6

12
21
20

12
23
26

17
28
24

41.7
21.7
-7.7

32
60
60

36
69
72

12.5
15.0
20.0

141
14
26

240
21
35

182
19
22

-24.2
-9.5
-37.1

61
5
11

118
6
22

101
17
16

-14.4
183.3
-27.3

168
17
35

266
27
45

58.3
58.8
28.6

2228
794
2245

2227
867
2322

2463
951
2545

10.6
9.7
9.6

1116
419
1106

1294
521
1244

1706
722
1627

31.8
38.6
30.8

2870
1164
2891

3779
1566
3680

31.7
34.5
27.3

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

Col. 6 & 7
Percentage
Variance

9
Jan 2014 Mar 2014

10
Jan 2015 Mar 2015

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

200

400

600

800

1000

1200

1400

1600

DETACHED

CONDOMINIUM

ATTACHED

APARTMENTS

$465,225

$635,035

$1,406,426

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 2014 2015

IN THOUSANDS ($)

Residential Average Sale Prices - January 1977 to March 2015

You might also like