News Release

FOR IMMEDIATE RELEASE:

January home sales remain quiet
VANCOUVER, B.C. – February 4, 2013 – Home buyer demand remains below historical
averages in the Greater Vancouver housing market. This has led some home sellers to remove
their homes from the market in recent months.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 1,351 on the Multiple Listing Service® (MLS®) in January 2013.
This represents a 14.3 per cent decrease compared to the 1,577 sales recorded in January 2012,
and an 18.3 per cent increase compared to the 1,142 sales in December 2012.
Last month’s sales were the second lowest January total in the region since 2001 and 18.7 per
cent below the 10-year sales average for the month.
“Home sale activity has been below historical averages in Greater Vancouver for about seven
months. This has caused a gradual decline in home prices of about 6 per cent since reaching a
peak last spring,” Klein said.
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 5.9 per cent to $588,100.
This represents a 2.8 per cent decline compared to this time last year.
“It appears many home sellers are opting to remove their homes from the market rather than
settle for a price they don’t want,” Eugen Klein, REBGV president said.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,128
in January. This represents a 10.9 per cent decline compared to the 5,756 new listings reported in
January 2012. Last month’s new listing count was 18.9 per cent higher than the region’s 10-year
new listing average for the month.
The total number of properties currently listed for sale on the Greater Vancouver MLS® is
13,246, a 5.6 per cent increase compared to January 2012 and a 4.5 per cent decline compared to
December 2012. This is the fourth consecutive month that overall home listings have declined in
the region.
“When a home seller isn’t receiving the kind of offers they want, there comes a point when they
decide to either lower the price or remove the home from the market. Right now, it seems many
home sellers are opting for the latter,” Klein said.

With the sales-to-active-listings ratio at 10.2 per cent, the region remains in buyers’ market
territory. Since June, this ratio has ranged between 8 and 11 per cent.
Sales of detached properties in January 2013 reached 542, a decrease of 17.8 per cent from the
659 detached sales recorded in January 2012, and a 31.7 per cent decrease from the 793 units
sold in January 2011. The benchmark price for detached properties decreased 3.1 per cent from
January 2012 to $901,000. Since reaching a peak in May 2012, the benchmark price of a
detached property has declined 6.9 per cent.
Sales of apartment properties reached 576 in January 2013, a decline of 12.3 per cent compared
to the 657 sales in January 2012, and a decrease of 19.2 per cent compared to the 713 sales in
January 2011. The benchmark price of an apartment property decreased 2.9 per cent from
January 2012 to $358,400. Since reaching a peak in May 2012, the benchmark price of an
apartment property has declined 5.6 per cent.
Attached property sales in January 2013 totalled 233, a decline of 10.7 per cent compared to the
261 sales in January 2012, and a 25.6 per cent decrease from the 313 attached properties sold in
January 2011. The benchmark price of an attached unit decreased 1.7 per cent between January
2012 and 2013 to $449,900. Since reaching a peak in April 2012, the benchmark price of an
attached property has declined 7.7 per cent.

-30The real estate industry is a key economic driver in British Columbia. In 2012, 25,032 homes changed ownership in
the Board’s area generating $1.07 billion in economic spin-off activity and creating an estimated 7,125 jobs. The
total dollar value of residential sales transacted throughout the MLS® system in Greater Vancouver totalled $18.6
billion in 2012. The Real Estate Board of Greater Vancouver is an association representing more than 11,000
REALTORS® and their companies. The Board provides a variety of member services, including the Multiple
Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local
REALTOR® or visit www.rebgv.org.

For more information please contact:
Craig Munn, Assistant Manager of Communications
Real Estate Board of Greater Vancouver
Phone: (604) 730-3146
cmunn@rebgv.org
www.rebgv.org| Facebook|Twitter

January 2013

*

Property Type

Area

Benchmark
Price

Price
Index

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

Residential / Composite

Lower Mainland
Greater Vancouver
Bowen Island
Burnaby East
Burnaby North
Burnaby South
Coquitlam
Ladner
Maple Ridge
New Westminster
North Vancouver
Pitt Meadows
Port Coquitlam
Port Moody
Richmond
Squamish
Sunshine Coast
Tsawwassen
Vancouver East
Vancouver West
West Vancouver
Whistler

$531,000
$588,100
$572,900
$542,700
$503,900
$550,800
$493,600
$521,600
$385,800
$353,500
$628,000
$380,800
$392,900
$498,900
$558,900
$389,600
$355,100
$580,900
$593,000
$777,200
$1,539,700
$446,200

149.9
154.2
124.2
149.8
150.5
155.3
146.0
145.1
130.4
151.7
142.1
137.9
139.5
137.8
162.3
125.8
124.4
146.4
173.5
163.8
165.3
106.3

-0.3%
-0.5%
2.3%
-1.5%
0.1%
-1.8%
-0.8%
1.1%
-1.4%
-0.3%
0.6%
-1.9%
-0.6%
-0.6%
-0.4%
0.5%
4.3%
-0.8%
-1.2%
-0.4%
2.4%
-2.5%

-2.2%
-2.6%
-2.3%
-3.7%
-0.9%
-3.7%
-1.8%
-1.0%
-1.6%
-2.8%
-3.1%
0.3%
-1.5%
-2.4%
-2.5%
-0.9%
-2.7%
-2.7%
-2.5%
-1.8%
-0.5%
-3.7%

-4.0%
-4.5%
-4.7%
-4.8%
-3.4%
-5.0%
-2.7%
-5.2%
-1.2%
-4.5%
-4.1%
1.3%
-1.9%
-2.5%
-4.5%
-4.0%
-2.7%
-5.7%
-4.2%
-4.9%
-4.4%
-8.4%

-1.9%
-2.8%
1.8%
-2.4%
-2.5%
-2.8%
1.1%
-1.2%
-1.1%
-1.4%
-1.7%
1.5%
-1.8%
2.7%
-5.2%
1.9%
-1.3%
1.3%
0.3%
-4.4%
1.4%
-3.9%

4.0%
4.7%
-6.0%
1.7%
3.2%
5.7%
3.3%
4.1%
-2.6%
2.8%
2.5%
-0.1%
-2.4%
0.1%
5.8%
1.0%
-6.4%
6.3%
10.9%
6.4%
17.7%
-7.2%

4.1%
6.2%
-8.9%
3.5%
4.2%
8.7%
2.5%
5.5%
-6.3%
1.4%
1.1%
-2.9%
-3.5%
-2.4%
12.9%
-5.6%
-9.5%
4.9%
15.5%
8.8%
12.6%
-19.5%

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

$740,700
$901,000
$572,900
$705,200
$893,800
$921,800
$696,000
$606,300
$459,900
$634,900
$917,900
$496,700
$545,900
$809,600
$933,100
$485,000
$353,900
$696,200
$819,200
$1,995,300
$1,814,900
$879,900

157.4
166.5
124.2
157.7
172.5
176.7
154.2
146.3
130.7
157.5
146.5
138.6
145.8
150.0
187.9
131.0
124.0
149.9
180.9
205.0
172.8
121.8

-0.1%
-0.4%
2.3%
-1.2%
-0.2%
-3.1%
-0.7%
1.9%
-0.8%
-0.8%
1.0%
-0.6%
-1.0%
-0.8%
-0.5%
0.3%
4.4%
-1.4%
-1.2%
-0.4%
2.1%
-1.1%

-2.2%
-2.9%
-2.3%
-5.0%
-2.4%
-6.8%
-1.7%
-0.1%
-1.5%
-3.7%
-2.9%
-1.3%
-1.9%
-5.1%
-3.3%
-2.0%
-2.9%
-3.7%
-2.7%
-3.2%
-0.5%
4.2%

-4.1%
-5.2%
-4.7%
-6.8%
-3.7%
-7.7%
-3.3%
-5.0%
-0.8%
-6.1%
-4.7%
-0.8%
-2.8%
-5.0%
-4.8%
-3.5%
-2.7%
-5.7%
-5.1%
-8.1%
-5.0%
5.0%

-1.6%
-3.1%
1.7%
-3.2%
-2.1%
-2.3%
2.4%
-0.7%
-0.4%
-4.0%
-2.5%
-1.8%
0.3%
2.3%
-6.3%
-4.1%
-1.4%
1.4%
-0.5%
-7.5%
1.4%
3.0%

10.4%
12.7%
-6.0%
6.4%
15.8%
20.2%
9.2%
5.3%
-1.4%
6.9%
6.5%
-0.9%
3.4%
7.2%
17.4%
2.7%
-6.6%
9.4%
18.2%
20.9%
21.6%
2.2%

11.8%
16.4%
-8.9%
11.5%
19.4%
25.8%
10.5%
7.3%
-4.0%
11.9%
5.2%
0.3%
4.6%
6.2%
29.4%
-1.5%
-9.8%
7.1%
25.7%
29.0%
17.7%
-10.2%

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

January 2013

*

Property Type

Area

Benchmark
Price

Price
Index

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

Townhouse

Lower Mainland
Greater Vancouver
Burnaby East
Burnaby North
Burnaby South
Coquitlam
Ladner
Maple Ridge
New Westminster
North Vancouver
Pitt Meadows
Port Coquitlam
Port Moody
Richmond
Squamish
Tsawwassen
Vancouver East
Vancouver West
Whistler

$384,600
$449,900
$399,800
$387,000
$405,800
$379,800
$425,500
$268,900
$375,100
$562,400
$314,500
$364,900
$410,400
$482,900
$350,500
$434,400
$515,400
$677,300
$462,200

139.6
146.0
143.4
144.3
145.6
139.5
141.0
130.6
140.9
134.6
136.1
138.9
138.7
156.1
127.2
134.3
169.9
153.2
124.5

-0.4%
-0.2%
-1.7%
1.1%
-1.0%
-1.8%
-1.1%
0.5%
-1.6%
-0.7%
-2.7%
-1.2%
0.4%
-1.1%
4.4%
-1.5%
0.5%
2.1%
2.6%

-1.4%
-1.7%
-3.8%
-0.2%
-1.5%
-2.1%
-5.5%
-1.0%
-5.8%
-2.8%
-2.4%
-1.6%
-0.2%
-2.6%
3.8%
-6.1%
2.3%
-0.1%
5.6%

-3.7%
-4.0%
-5.2%
-3.2%
-2.7%
-0.8%
-3.8%
-3.3%
-5.6%
-5.9%
-2.2%
-2.1%
-0.4%
-4.6%
-1.2%
-5.8%
-2.3%
-4.7%
-0.2%

-2.0%
-1.7%
-2.6%
-6.7%
-3.6%
1.7%
-5.2%
-2.3%
-1.1%
-4.5%
1.0%
-1.5%
3.5%
-3.7%
16.0%
-5.9%
3.2%
1.3%
15.0%

0.2%
2.0%
-0.6%
1.2%
1.9%
0.2%
0.0%
-4.7%
2.0%
-1.5%
-1.6%
-2.7%
0.5%
4.7%
2.3%
-4.3%
10.0%
5.4%
14.4%

-0.5%
3.5%
1.8%
1.3%
5.0%
-0.1%
-0.1%
-8.4%
0.9%
-1.3%
-3.6%
-2.8%
-2.4%
11.7%
-2.2%
-4.9%
11.9%
7.8%
-2.6%

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

$329,200
$358,400
$368,600
$327,900
$364,400
$246,700
$305,900
$178,200
$264,000
$340,800
$234,200
$221,100
$307,400
$334,700
$227,200
$328,500
$299,400
$460,000
$608,700
$194,900

144.4
144.9
139.9
138.6
146.3
135.8
145.0
129.9
150.9
138.4
138.4
131.1
128.1
141.9
109.3
138.2
165.2
148.9
133.0
70.0

-0.6%
-0.8%
-2.6%
0.0%
-1.3%
-0.9%
1.0%
-6.7%
0.1%
0.5%
-2.9%
0.4%
-1.4%
0.2%
-5.2%
1.2%
-1.3%
-0.8%
4.4%
-13.5%

-2.6%
-2.8%
0.6%
-0.3%
-2.5%
-1.8%
0.7%
-2.6%
-2.1%
-3.6%
5.2%
-0.9%
-1.7%
-1.6%
-6.1%
1.1%
-2.9%
-1.4%
-0.4%
-18.8%

-4.0%
-4.2%
0.7%
-2.9%
-3.8%
-2.4%
-7.2%
0.7%
-3.8%
-2.7%
8.5%
-0.5%
-2.0%
-4.3%
-10.4%
-5.9%
-3.7%
-3.4%
-0.9%
-22.3%

-2.3%
-2.9%
2.3%
-0.7%
-2.7%
-1.5%
-1.6%
-2.0%
-0.5%
0.2%
8.0%
-4.9%
1.8%
-5.2%
1.2%
-0.1%
1.2%
-3.3%
0.9%
-19.3%

-2.5%
-2.2%
-8.4%
-4.3%
-1.3%
-4.7%
4.2%
-3.8%
1.3%
-1.2%
3.0%
-10.0%
-5.7%
-5.8%
-8.2%
-0.6%
2.2%
-0.5%
-0.8%
-38.9%

-3.8%
-2.6%
-11.9%
-4.7%
0.3%
-8.6%
4.5%
-13.6%
-1.7%
-3.5%
-7.9%
-14.2%
-8.6%
-2.3%
-19.8%
-0.4%
3.8%
0.1%
-9.3%
-47.5%

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

Jan 2013
Nov 2012
Sep 2012
Jul 2012
May 2012
Mar 2012
Jan 2012
Apartment

Nov 2011
Sep 2011
Jul 2011
May 2011

Townhouse

Nov 2010
Sep 2010
Jul 2010

Detached

May 2010
Mar 2010
Jan 2010
Nov 2009

Residential

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

100

110

120

130

140

150

160

170

180

Jan 2008
190

Jan 2005 HPI = 100

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

Jan 2011

Price Index

Greater Vancouver
5 Year Trend

Mar 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

$920,000

$470,000

$350,500

Attached

Apartment

40

Attached

Detached

59

Detached

67

$360,450

Apartment

Apartment

$467,900

Attached

31

Attached

$937,500

46

Detached

Detached

$350,500

Apartment

78

$470,000

Attached

Apartment

$920,000

40

Attached

Detached

59

Detached

67

$333,500

Apartment

$457,000

Apartment

29

Attached

Attached

38

Detached

$897,500

$360,450

Apartment

Detached

$467,900

Attached

77

$937,500

Detached

Apartment

78

31

Attached

Apartment

46

Detached

Coquit
lam
$291,000

$437,500

$727,900

49

22

74

$304,900

n/a

$735,883

37

18

57

$291,000

$437,500

$727,900

49

22

74

$282,450

n/a

$686,000

20

10

51

$304,900

n/a

$735,883

37

18

57

Delta South
n/a

n/a

n/a

5

3

17

n/a

n/a

n/a

4

4

15

n/a

n/a

n/a

5

3

17

n/a

n/a

n/a

4

1

10

n/a

n/a

n/a

4

4

15

Islands
- Gulf
n/a

n/a

n/a

0

1

1

n/a

n/a

n/a

0

0

2

n/a

n/a

n/a

0

1

1

n/a

n/a

n/a

0

0

5

n/a

n/a

n/a

0

0

2

$226,000

$301,500

$470,000

25

26

53

n/a

n/a

$480,982

13

10

62

$226,000

$301,500

$470,000

25

26

53

n/a

n/a

$480,000

16

16

42

n/a

n/a

$480,982

13

10

n/a

n/a

41

8

8

$292,700

n/a

n/a

52

7

13

$295,000

n/a

n/a

41

8

8

$292,700

n/a

n/a

52

7

13

$314,500

n/a

n/a

32

5

10

$295,000

Maple
R
id
g
e/Pitt M
eadow
s
62

$392,500

$714,500

$938,000

48

26

57

$366,950

n/a

$906,000

38

16

52

$392,500

$714,500

$938,000

48

26

57

$348,500

$610,000

$925,000

34

24

32

$366,950

n/a

$906,000

38

16

52

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. Jan. 2012

Year-to-date

Jan. Jan. 2013

January
2012

December
2012

January
2013

Number
of
Sales

January
2013

2013

Port C
oquitla
m
n/a

n/a

$522,000

18

14

23

n/a

n/a

n/a

9

17

15

n/a

n/a

$522,000

18

14

23

$219,500

n/a

$532,500

23

10

22

n/a

n/a

n/a

9

17

15

n/a

n/a

n/a

15

9

14

n/a

n/a

n/a

14

5

5

n/a

n/a

n/a

15

9

14

n/a

n/a

n/a

11

11

10

n/a

n/a

n/a

14

5

54

40

44

$345,950

$515,000

$868,000

59

43

63

Richm
ond
$330,000

$508,500

$978,888

72

52

89

$345,950

$515,000

$868,000

59

43

63

$330,000

$508,500

$978,888

72

52

89

$318,000

$495,000

$1,080,000

Port M
oody/B
elcarra
5

n/a

n/a

n/a

1

2

13

n/a

n/a

n/a

1

4

11

n/a

n/a

n/a

1

2

13

n/a

n/a

n/a

3

5

10

n/a

n/a

n/a

1

4

11

Squam
ish

20

n/a

n/a

$362,950

2

2

22

n/a

n/a

$288,625

3

2

21

n/a

n/a

$362,950

2

2

22

n/a

n/a

n/a

2

1

12

n/a

n/a

$288,625

3

2

21

Sunsh
ine Co
ast

1

y

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$333,000

n/a

$851,000

68

14

93

$327,000

$515,000

$810,250

57

27

56

$333,000

n/a

$851,000

68

14

93

$325,000

n/a

$808,500

53

17

54

$327,000

$515,000

$810,250

57

27

56

Vanco
uver W
est
$460,000

$843,250

$2,095,000

211

26

86

$446,000

$875,000

$2,028,000

200

29

83

$460,000

$843,250

$2,095,000

211

26

86

$468,000

$837,000

$1,730,750

156

30

49

$446,000

$875,000

$2,028,000

200

29

83

Sound
n/a

n/a

$2,071,080

10

3

39

n/a

n/a

$1,816,500

6

3

38

n/a

n/a

$2,071,080

10

3

39

n/a

n/a

$2,033,000

8

1

29

n/a

n/a

$1,816,500

6

3

38

Wes
t
V
a
n
couve
r/Howe

MLS® SALES Facts

n/a

n/a

n/a

14

14

6

n/a

n/a

n/a

16

16

8

n/a

n/a

n/a

14

14

6

n/a

n/a

n/a

11

13

7

n/a

n/a

n/a

16

16

8

Whistl
er/Pem
berton
n/a

657

261

659

n/a

576

233

542

n/a

657

261

659

n/a

504

213

425

n/a

576

233

542

% 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

37

32

Detached

Attached

33%

33%

22%

Apartment

120

Attached

Attached

181

Detached

Detached

30%

Apartment

307

30%

Apartment

24%

103

Attached

Attached

188

Detached

Detached

22%

Apartment

257

33%

Apartment

33%

Attached

Attached

Detached

120

Detached

307

181

Apartment

Apartment

91%

120%

Attached

103%

30%

Apartment

Detached

30%

Attached

64

24%

Detached

Apartment

257

103

Attached

Apartment

188

Detached

Coquit
lam
36%

27%

43%

135

81

171

18%

21%

35%

201

87

164

36%

27%

43%

135

81

171

50%

33%

94%

40

30

54

18%

21%

35%

201

87

164

Delta South
14%

23%

24%

36

13

70

14%

22%

18%

28

18

83

14%

23%

24%

36

13

70

67%

n/a

100%

6

0

10

14%

22%

18%

28

18

83

Islands
- Gulf
n/a

100%

20%

0

1

5

n/a

n/a

25%

0

0

8

n/a

100%

20%

0

1

5

n/a

n/a

83%

0

0

6

n/a

n/a

25%

0

0

8

43%

46%

21%

58

56

255

22%

16%

31%

59

64

203

43%

46%

21%

58

56

255

55%

133%

95%

29

12

44

22%

16%

31%

59

64

203

Maple
R
id
g
e/Pitt M
eadow
s
32%

33%

34%

161

21

38

31%

89%

20%

133

9

41

32%

33%

34%

161

21

38

71%

56%

143%

45

9

7

31%

89%

20%

133

9

41

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

Year-to-date*

Jan. Jan. 2012

Year-to-date*

Jan. Jan. 2013

January
2012

December
2012

January
2013

Number
of
Listings

January
2013

2013

North
Vanco
uver
28%

43%

40%

174

61

144

27%

30%

30%

141

53

172

28%

43%

40%

174

61

144

79%

400%

110%

43

6

29

27%

30%

30%

141

53

172

Port C
oquitla
m
33%

50%

59%

54

28

39

15%

34%

22%

61

50

67

33%

50%

59%

54

28

39

121%

83%

200%

19

12

11

15%

34%

22%

61

50

67

Port M
oody/B
elcarra
33%

20%

30%

45

44

46

28%

12%

10%

50

42

48

33%

20%

30%

45

44

46

122%

275%

125%

9

4

8

28%

12%

10%

50

42

48

Richm
ond
21%

27%

19%

348

195

470

23%

30%

18%

262

141

355

21%

27%

19%

348

195

470

57%

89%

54%

94

45

82

23%

30%

18%

262

141

355

Squam
ish
3%

11%

30%

32

18

43

7%

16%

30%

15

25

37

3%

11%

30%

32

18

43

75%

100%

100%

4

5

10

7%

16%

30%

15

25

37

13%

18%

22%

15

11

99

33%

13%

20%

9

15

104

13%

18%

22%

15

11

99

33%

33%

32%

6

3

37

33%

13%

20%

9

15

104

Sunsh
ine Co
ast

20

39%

32%

40%

175

44

235

30%

42%

30%

193

64

187

39%

32%

40%

175

44

235

104%

121%

87%

51

14

62

30%

42%

30%

193

64

187

Vanco
uver E
ast

1

y

Burnab

er
New W
estmin
st

Vanco
uver W
est
27%

21%

18%

775

126

476

29%

27%

25%

682

109

330

27%

21%

18%

775

126

476

102%

120%

51%

153

25

96

29%

27%

25%

682

109

330

Sound
26%

23%

21%

39

13

185

18%

21%

25%

33

14

155

26%

23%

21%

39

13

185

114%

20%

73%

7

5

40

18%

21%

25%

33

14

155

Wes
t
V
a
n
couve
r/Howe

MLS® LISTINGS Facts

35%

35%

18%

40

40

33

52%

94%

40%

31

17

20

35%

35%

18%

40

40

33

42%

42%

39%

26

31

18

52%

94%

40%

31

17

20

Whistl
er/Pem
berton
n/a

2,394

872

2,490

n/a

2,155

811

2,162

n/a

2,394

872

2,490

n/a

596

233

551

n/a

2,155

811

2,162

Listing & Sales Activity Summary
Listings

Sales

1
Jan
2012

2
Dec
2012

3
Jan
2013

5
Jan
2012

6
Dec
2012

7
Jan
2013

181
120
307

37
32
64

188
103
257

408.1
221.9
301.6

59
40
67

38
29
77

46
31
78

21.1
6.9
1.3

208
162
291

133
94
257

-36.1
-42.0
-11.7

171
81
135

54
30
40

164
87
201

203.7
190.0
402.5

74
22
49

51
10
20

57
18
37

11.8
80.0
85.0

247
75
148

168
50
97

-32.0
-33.3
-34.5

70
13
36

10
0
6

83
18
28

730.0
1800.0
366.7

17
3
5

10
1
4

15
4
4

50.0
300.0
0.0

61
15
22

49
9
21

-19.7
-40.0
-4.5

255
56
58

44
12
29

203
64
59

361.4
433.3
103.4

53
26
25

42
16
16

62
10
13

47.6
-37.5
-18.8

218
87
100

162
42
61

-25.7
-51.7
-39.0

144
61
174

29
6
43

172
53
141

493.1
783.3
227.9

57
26
48

32
24
34

52
16
38

62.5
-33.3
11.8

186
88
190

144
65
131

-22.6
-26.1
-31.1

38
21
161

7
9
45

41
9
133

485.7
0.0
195.6

13
7
52

10
5
32

8
8
41

-20.0
60.0
28.1

39
22
177

29
28
127

-25.6
27.3
-28.2

46
44
45

8
4
9

48
42
50

500.0
950.0
455.6

14
9
15

10
11
11

5
5
14

-50.0
-54.5
27.3

46
54
56

30
31
37

-34.8
-42.6
-33.9

39
28
54

11
12
19

67
50
61

509.1
316.7
221.1

23
14
18

22
10
23

15
17
9

-31.8
70.0
-60.9

78
47
59

59
43
53

-24.4
-8.5
-10.2

470
195
348

82
45
94

355
141
262

332.9
213.3
178.7

89
52
72

44
40
54

63
43
59

43.2
7.5
9.3

252
169
242

183
133
194

-27.4
-21.3
-19.8

99
11
15

37
3
6

104
15
9

181.1
400.0
50.0

22
2
2

12
1
2

21
2
3

75.0
100.0
50.0

79
6
5

63
3
9

-20.3
-50.0
80.0

43
18
32

10
5
4

37
25
15

270.0
400.0
275.0

13
2
1

10
5
3

11
4
1

10.0
-20.0
-66.7

45
15
10

34
21
11

-24.4
40.0
10.0

235
44
175

62
14
51

187
64
193

201.6
357.1
278.4

93
14
68

54
17
53

56
27
57

3.7
58.8
7.5

300
59
220

201
79
179

-33.0
33.9
-18.6

476
126
775

96
25
153

330
109
682

243.8
336.0
345.8

86
26
211

49
30
156

83
29
200

69.4
-3.3
28.2

269
105
833

209
99
597

-22.3
-5.7
-28.3

33
40
40

18
31
26

20
17
31

11.1
-45.2
19.2

6
14
14

7
13
11

8
16
16

14.3
23.1
45.5

31
43
43

25
49
34

-19.4
14.0
-20.9

185
13
39

40
5
7

155
14
33

287.5
180.0
371.4

39
3
10

29
1
8

38
3
6

31.0
200.0
-25.0

143
11
35

99
7
22

-30.8
-36.4
-37.1

2485
871
2394

545
233
596

2154
811
2155

295.2
248.1
261.6

658
260
657

420
213
504

540
233
576

28.6
9.4
14.3

2202
958
2431

1588
753
1830

-27.9
-21.4
-24.7

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

%

Col. 6 & 7
Percentage
Variance

9
Nov 2011 Jan 2012

10
Nov 2012 Jan 2013

%

Col. 9 & 10
Percentage
Variance

%

COQUITLAM
DETACHED
ATTACHED
APARTMENTS

DELTA
DETACHED
ATTACHED
APARTMENTS

MAPLE RIDGE/PITT MEADOWS
DETACHED
ATTACHED
APARTMENTS

NORTH VANCOUVER
DETACHED
ATTACHED
APARTMENTS

NEW WESTMINSTER
DETACHED
ATTACHED
APARTMENTS

PORT MOODY/BELCARRA
DETACHED
ATTACHED
APARTMENTS

PORT COQUITLAM
DETACHED
ATTACHED
APARTMENTS

RICHMOND
DETACHED
ATTACHED
APARTMENTS

SUNSHINE COAST
DETACHED
ATTACHED
APARTMENTS

SQUAMISH
DETACHED
ATTACHED
APARTMENTS

VANCOUVER EAST
DETACHED
ATTACHED
APARTMENTS

VANCOUVER WEST
DETACHED
ATTACHED
APARTMENTS

WHISTLER
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

NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.

IN THOUSANDS ($)

ATTACHED

APARTMENTS

Residential Average Sale Prices - January 1977 to January 2013

$441,667

$570,910

$1,152,851