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News Release

FOR IMMEDIATE RELEASE:

Home buyers remain active despite reduced selection
VANCOUVER, B.C. – February 3, 2015 – The first month of 2015 saw home sale activity above historical
norms, while the number of homes listed for sale trended below typical levels.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater
Vancouver reached 1,913 on the Multiple Listing Service® (MLS®) in January 2015. This represents an 8.7
per cent increase compared to the 1,760 sales recorded in January 2014, and a 9.6 per cent decline compared
to the 2,116 sales in December 2014.
Last month’s sales were 14.9 per cent above the 10-year sales average for the month.
“While demand remains steady, we’re seeing fewer homes for sale at the moment,” Ray Harris, REBGV
president, said. "This is creating greater competition amongst buyers, particularly in the detached home
market. The number of detached homes listed for sale today is the second lowest we’ve seen in four years.”
New listings for detached, attached and apartment properties in Metro Vancouver1 totalled 4,737 in January.
This represents an 11.4 per cent decline compared to the 5,345 new listings reported in January 2014.
Last month’s new listing count was 1.2 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 REBGV MLS® is 10,811, a 14.2 per cent
decline compared to January 2014 and a 4.8 per cent increase compared to December 2014.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver
is currently $641,60022. This represents a 5.5 per cent increase compared to January 2014.
With the sales-to-active-listings ratio at 17.7 per cent, the region remains in balanced market territory.
“The Bank of Canada’s recent announcement to lower its benchmark interest rate is an important one for
home buyers, sellers and owners to note,” Harris said. “A reduced rate could allow you to pay down your
mortgage a little faster, save some money on your monthly payments, or change the amount you qualify for.
It’s important that you do your homework and understand how these announcements impact your situation.”
Sales of detached properties in January 2015 reached 781, an increase of 7.3 per cent from the 728 detached
sales recorded in January 2014, and a 44.1 per cent increase from the 542 units sold in January 2013. The
benchmark price for a detached property in Metro Vancouver increased 8.4 per cent from January 2014 to
$1,010,000.
Sales of apartment properties reached 809 in January 2015, an increase of 7.4 per cent compared to the 753
sales in January 2014, and an increase of 40.5 per cent compared to the 576 sales in January 2013. The
benchmark price of an apartment property increased 2.5 per cent from January 2014 to $382,800.

Attached property sales in January 2015 totalled 323, an increase of 15.8 per cent compared to the 279 sales
in January 2014, and a 38.6 per cent increase from the 233 attached properties sold in January 2013. The
benchmark price of an attached unit increased 4.3 per cent between January 2014 and 2015 to $479,600.
Editor’s Notes:
1.) 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.
2.) The national MLS® Home Price Index (MLS® HPI) operations group underwent an annual review of the
model in January. This led to the following changes:

Neighbourhoods where home sales over the past three years totaled 12 or less have been removed from the
model. Neighbourhoods where sales have increased to 20 or more over the past three years have been added.
Historical MLS® HPI data has been recalculated to reflect these changes.

The benchmark property descriptions have been updated to reflect current buying trends.
Background: MLS® HPI benchmark prices represent the value of a ‘typical’ property within a market. When
the HPI was developed in 2011, a composite description was created for every neighbourhood and property
type based on MLS® sales data for that specific area. What people typically purchase can change over time
due to changes in affordability and buyer preferences. Therefore, it’s necessary for these descriptions to be
occasionally updated.

The MLS® HPI methodology has been updated to reflect these changes and is available at
http://homepriceindex.ca/hpi_tool_en.html
-30The real estate industry is a key economic driver in British Columbia. In 2014, in the Real Estate Board of Greater Vancouver area, a total of
33,116 homes sold on the MLS® generating $2.136 billion in economic activity and an estimated 16,227 jobs .The total dollar value of
residential sales transacted through the MLS® system in Metro Vancouver totalled $27.3 billion in 2014. The Real Estate Board of Greater
Vancouver is an association representing more than 11,500 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 contact:
Craig Munn
Manager, Communication
Real Estate Board of Greater Vancouver
604.730.3146
cmunn@rebgv.org

January 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

$569,300
$641,600
$580,700
$588,700
$539,700
$603,500
$541,500
$560,800
$397,800
$380,800
$697,600
$403,100
$414,300
$547,500
$599,800
$414,300
$353,100
$625,100
$665,100
$869,300
$1,725,800
$480,300

160.5
167.9
125.9
162.5
162.2
170.6
160.2
156.0
134.4
162.2
157.4
147.5
146.8
151.4
173.8
135.0
123.7
156.6
194.8
183.2
185.2
111.6

0.2%
0.2%
-1.5%
-1.4%
-0.6%
-0.3%
0.9%
0.1%
0.4%
0.2%
0.6%
0.8%
-0.6%
0.4%
0.3%
-0.5%
0.2%
-1.4%
0.7%
0.1%
3.1%
-1.9%

0.2%
0.5%
-1.3%
-1.7%
0.0%
0.8%
0.6%
0.5%
1.1%
-0.8%
1.2%
1.6%
-0.1%
0.5%
0.7%
-1.2%
-0.6%
0.1%
1.4%
0.2%
2.4%
-1.8%

1.3%
1.9%
-2.3%
-1.5%
0.1%
2.2%
3.4%
2.8%
1.7%
0.5%
2.9%
2.1%
1.7%
2.2%
1.0%
1.7%
-0.9%
1.9%
2.9%
2.2%
1.0%
2.5%

4.5%
5.5%
3.1%
3.4%
4.9%
4.8%
5.7%
7.7%
3.7%
3.1%
7.0%
2.1%
3.2%
7.2%
5.3%
6.6%
4.7%
6.4%
7.6%
5.9%
8.1%
3.4%

5.2%
6.1%
3.1%
5.8%
5.1%
6.8%
10.9%
5.5%
1.9%
5.5%
9.0%
8.5%
3.2%
12.8%
1.5%
12.2%
-1.8%
7.6%
12.7%
6.9%
13.8%
5.4%

11.5%
14.1%
-4.7%
10.3%
11.2%
16.1%
13.4%
11.9%
0.4%
9.8%
13.6%
6.9%
2.6%
10.1%
13.3%
7.8%
-6.9%
13.9%
24.6%
19.0%
31.8%
-4.8%

Single Family Detached

$812,700
$1,010,000
$580,700
$769,600
$1,004,700
$1,049,500
$778,100
$658,900
$480,500
$677,200
$1,047,800
$526,000
$588,200
$922,700
$1,031,100
$543,700
$350,800
$760,300
$974,500
$2,351,300
$2,060,600
$943,500

172.6
186.3
125.9
172.1
194.3
200.9
172.4
159.0
136.9
168.0
166.8
148.3
156.9
170.4
206.8
144.5
122.9
163.7
215.4
241.4
195.9
130.6

0.3%
0.5%
-1.5%
-2.3%
0.1%
-0.4%
0.9%
0.1%
0.6%
-2.7%
0.3%
0.7%
0.5%
0.7%
0.4%
0.0%
0.0%
-1.6%
0.5%
1.0%
2.8%
-1.4%

0.7%
1.3%
-1.3%
-3.2%
1.1%
0.0%
1.5%
1.2%
0.9%
-3.5%
0.5%
0.3%
0.4%
1.7%
2.1%
-0.6%
-0.8%
0.5%
2.2%
1.9%
2.0%
0.7%

2.0%
2.8%
-2.3%
-2.8%
2.2%
2.6%
3.6%
4.2%
1.6%
-2.0%
3.5%
2.0%
2.4%
2.7%
3.8%
-0.5%
-0.9%
2.6%
4.7%
3.3%
0.8%
-1.1%

6.7%
8.4%
3.1%
3.4%
8.5%
7.8%
7.4%
10.1%
5.6%
3.0%
10.2%
6.6%
4.6%
7.2%
10.3%
7.5%
4.5%
7.8%
12.2%
9.6%
8.4%
3.9%

7.9%
8.4%
3.1%
5.6%
10.3%
11.0%
14.5%
7.9%
4.3%
2.4%
11.1%
5.0%
7.9%
16.4%
3.1%
5.7%
-2.3%
10.8%
18.4%
8.9%
15.1%
5.4%

21.1%
26.0%
-4.7%
16.1%
30.4%
36.7%
22.2%
14.4%
3.3%
14.1%
21.2%
6.1%
11.2%
21.9%
29.3%
13.3%
-7.5%
19.5%
40.7%
42.3%
37.9%
4.6%

Property Type

Area

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

1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
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 12

January 2015

*

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

$399,200
$479,600
$426,900
$405,700
$418,900
$394,100
$463,900
$281,000
$415,000
$606,700
$346,900
$376,800
$426,400
$519,700
$345,500
$449,000
$545,100
$758,600
$474,200

144.5
155.0
153.1
151.3
150.3
144.8
153.7
136.5
155.9
145.2
150.1
142.9
144.1
168.0
125.4
148.4
179.7
171.6
126.8

0.1%
0.2%
-0.2%
-0.6%
-2.1%
-1.2%
1.3%
0.7%
-0.1%
0.6%
4.7%
-0.3%
-0.9%
0.8%
-3.9%
1.5%
2.9%
0.4%
-3.4%

-0.8%
-0.4%
-0.3%
-1.2%
1.3%
-2.2%
-0.5%
3.2%
-1.0%
-0.7%
5.5%
-2.3%
-1.3%
0.5%
-4.6%
0.2%
-0.6%
-1.2%
-3.1%

0.1%
1.0%
-0.4%
-1.8%
-1.8%
2.6%
0.8%
5.4%
0.1%
0.8%
6.5%
0.1%
3.0%
0.8%
-3.0%
1.6%
3.6%
0.0%
-2.2%

2.0%
4.3%
1.3%
2.2%
2.7%
4.2%
4.7%
6.1%
4.8%
3.9%
7.1%
-0.3%
7.9%
3.6%
-0.9%
5.2%
5.2%
10.2%
-0.3%

1.6%
4.7%
4.0%
-2.2%
-0.5%
5.5%
3.4%
2.1%
9.4%
3.0%
11.4%
0.7%
7.5%
3.6%
29.0%
-2.0%
9.1%
13.5%
16.9%

3.9%
8.5%
6.2%
6.1%
5.2%
4.1%
9.0%
-0.4%
12.9%
6.2%
8.5%
-0.3%
4.4%
12.7%
0.9%
6.2%
16.3%
18.0%
8.2%

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

$345,400
$382,800
$412,600
$344,500
$397,000
$264,900
$309,300
$165,100
$282,400
$363,200
$245,500
$230,400
$337,200
$343,600
$263,900
$319,000
$316,300
$497,100
$641,700
$253,200

150.8
153.9
156.6
145.6
159.4
145.8
146.6
119.2
160.8
147.8
145.1
136.6
140.5
145.1
127.1
134.5
174.5
160.9
140.2
83.0

-0.1%
0.0%
-1.7%
-1.3%
0.1%
1.7%
-1.4%
-1.3%
1.5%
1.1%
-1.4%
-2.6%
1.0%
-0.2%
3.7%
-1.5%
0.3%
-0.6%
3.9%
1.1%

-0.1%
0.1%
-0.4%
-0.7%
1.3%
0.1%
-1.5%
-0.2%
0.2%
3.1%
0.5%
1.5%
0.6%
-1.2%
1.4%
-1.5%
1.0%
-0.7%
4.6%
-1.2%

0.6%
1.1%
-0.3%
-1.4%
2.7%
3.6%
-0.5%
-3.2%
1.5%
2.8%
-0.4%
2.5%
0.4%
-3.0%
23.4%
-1.2%
0.5%
1.7%
2.1%
21.0%

1.9%
2.5%
4.6%
2.9%
2.9%
2.5%
1.9%
-10.0%
2.7%
3.1%
-4.9%
4.6%
5.6%
-0.5%
18.6%
1.1%
2.6%
3.1%
8.6%
18.9%

2.5%
3.7%
14.6%
4.3%
6.1%
5.8%
-0.5%
-10.0%
6.2%
7.1%
13.2%
-0.9%
11.7%
-3.1%
14.9%
-1.9%
6.9%
4.5%
6.4%
7.8%

2.0%
4.0%
2.6%
0.6%
7.6%
2.3%
5.4%
-11.8%
7.8%
5.5%
8.0%
-6.2%
3.5%
-3.7%
4.0%
-3.3%
7.9%
7.5%
4.5%
-26.3%

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 12

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

Nov 2013
Sep 2013
Jul 2013
May 2013

Townhouse

Jan 2013
Nov 2012
Sep 2012
Jul 2012

Detached

May 2012
Mar 2012
Jan 2012
Nov 2011

Residential

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

80

100

120
Price
Index

140

160

180

Jan 2010
200

Jan 2005 HPI = 100

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

Greater Vancouver
5 Year Trend

Mar 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

$980,000

$450,000

$380,400

Attached

Apartment

41

Attached

Detached

61

Detached

106

$359,000

Apartment

Apartment

$430,000

Attached

53

Attached

$1,075,400

86

Detached

Detached

$380,400

Apartment

104

$450,000

Attached

Apartment

$980,000

41

Attached

Detached

61

Detached

106

$362,500

Apartment

$539,250

Apartment

50

Attached

Attached

104

Detached

$1,146,429

$359,000

Apartment

Detached

$430,000

Attached

111

$1,075,400

Detached

Apartment

104

53

Attached

Apartment

86

Detached

Coquit
lam
$309,496

$449,950

$742,500

45

23

71

$265,000

$387,450

$801,000

53

28

55

$309,496

$449,950

$742,500

45

23

71

$314,800

$474,900

$850,000

59

37

70

$265,000

$387,450

$801,000

53

28

55

Delta South
n/a

n/a

$753,500

10

0

29

n/a

n/a

$785,000

11

3

31

n/a

n/a

$753,500

10

0

29

n/a

n/a

$708,900

14

9

32

n/a

n/a

$785,000

11

3

31

Islands
- Gulf
n/a

n/a

n/a

0

0

3

n/a

n/a

n/a

0

0

2

n/a

n/a

n/a

0

0

3

n/a

n/a

n/a

0

0

1

n/a

n/a

n/a

0

0

2

$240,000

n/a

$491,000

25

16

57

$215,500

$299,899

$475,000

22

21

79

$240,000

n/a

$491,000

25

16

57

$244,000

$304,900

$501,250

29

25

85

$215,500

$299,899

$475,000

22

21

n/a

n/a

58

9

16

$304,250

n/a

n/a

47

10

17

$275,950

n/a

n/a

58

9

16

$304,250

n/a

n/a

47

10

17

$278,000

n/a

n/a

52

6

12

$275,950

Maple
R
id
g
e/Pitt M
eadow
s
79

$378,000

n/a

$1,142,500

48

19

53

$392,000

$679,000

$1,210,000

57

22

68

$378,000

n/a

$1,142,500

48

19

53

$351,500

$734,250

$1,350,000

59

28

64

$392,000

$679,000

$1,210,000

57

22

68

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. 2014

Year-to-date

Jan. Jan. 2015

January
2014

December
2014

January
2015

Number
of
Sales

January
2015

2015

Port C
oquitla
m
n/a

n/a

$593,500

14

15

22

$241,700

$397,750

$587,550

20

23

22

n/a

n/a

$593,500

14

15

22

$232,250

n/a

$599,000

23

19

24

$241,700

$397,750

$587,550

20

23

22

n/a

n/a

n/a

17

10

9

n/a

n/a

n/a

13

7

11

n/a

n/a

n/a

17

10

9

n/a

n/a

n/a

15

9

16

n/a

n/a

n/a

13

7
102

66

118

Richm
ond
$349,000

$548,000

$988,000

89

61

114

$339,500

$549,000

$1,090,000

102

66

118

$349,000

$548,000

$988,000

89

61

114

$343,500

$541,800

$1,050,000

115

77

107

$339,500

$549,000

$1,090,000

Port M
oody/B
elcarra
11

n/a

n/a

n/a

10

7

14

n/a

n/a

n/a

11

9

9

n/a

n/a

n/a

10

7

14

n/a

n/a

n/a

6

17

14

n/a

n/a

n/a

11

9

9

Squam
ish

22

n/a

n/a

$366,500

5

4

28

n/a

n/a

$358,500

4

3

35

n/a

n/a

$366,500

5

4

28

n/a

n/a

$373,134

5

2

46

n/a

n/a

$358,500

4

3

35

Sunsh
ine Co
ast

1

y

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$316,500

$665,000

$920,000

62

29

80

$330,000

$607,000

$1,081,000

95

21

95

$316,500

$665,000

$920,000

62

29

80

$317,450

$725,500

$1,034,044

132

30

98

$330,000

$607,000

$1,081,000

95

21

95

Vanco
uver W
est
$475,000

$825,000

$2,380,000

244

29

117

$498,000

$750,900

$2,450,050

230

36

100

$475,000

$825,000

$2,380,000

244

29

117

$467,500

$899,900

$2,657,500

270

43

99

$498,000

$750,900

$2,450,050

230

36

100

n/a

n/a

$1,796,500

12

3

44

n/a

n/a

$2,050,000

7

4

47

n/a

n/a

$1,796,500

12

3

44

n/a

n/a

$2,133,800

9

5

51

n/a

n/a

$2,050,000

7

4

47

7

n/a

n/a

22

18

n/a

n/a

n/a

19

12

9

$269,500

n/a

n/a

22

18

7

n/a

n/a

n/a

19

12

9

n/a

n/a

n/a

13

14

10

$269,500

Sound
Wes
t
V
a
n
couve
r/Howe

MLS® SALES Facts

Whistl
er/Pem
berton
n/a

753

279

728

n/a

809

323

781

n/a

753

279

728

n/a

912

371

833

n/a

809

323

781

% 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

29%

40%

42%

Apartment

103

Attached

Attached

212

Detached

Detached

36%

Apartment

255

57%

Apartment

46%

93

Attached

Attached

188

Detached

Detached

42%

Apartment

288

40%

Apartment

29%

Attached

103

Attached

Detached

212

Detached

255

118%

Apartment

147%

Apartment

34

Attached

Attached

50

Detached

208%

36%

Apartment

Detached

57%

Attached

94

46%

Detached

Apartment

288

93

Attached

Apartment

188

Detached

Coquit
lam
24%

40%

43%

186

57

166

36%

52%

37%

147

54

147

24%

40%

43%

186

57

166

88%

161%

109%

67

23

64

36%

52%

37%

147

54

147

Delta South
31%

0%

31%

32

9

95

31%

33%

48%

35

9

64

31%

0%

31%

32

9

95

108%

900%

119%

13

1

27

31%

33%

48%

35

9

64

Islands
- Gulf
n/a

n/a

43%

0

0

7

n/a

0%

29%

0

1

7

n/a

n/a

43%

0

0

7

n/a

n/a

50%

0

0

2

n/a

0%

29%

0

1

7

35%

17%

35%

71

95

164

41%

26%

53%

54

80

148

35%

17%

35%

71

95

164

145%

125%

131%

20

20

65

41%

26%

53%

54

80

148

Maple
R
id
g
e/Pitt M
eadow
s
34%

83%

44%

140

12

39

32%

43%

64%

180

21

25

34%

83%

44%

140

12

39

71%

120%

86%

73

5

14

32%

43%

64%

180

21

25

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

Year-to-date*

Jan. Jan. 2014

Year-to-date*

Jan. Jan. 2015

January
2014

December
2014

January
2015

Number
of
Listings

January
2015

2015

North
Vanco
uver
24%

35%

35%

196

55

151

38%

35%

45%

152

63

151

24%

35%

35%

196

55

151

95%

122%

142%

62

23

45

38%

35%

45%

152

63

151

Port C
oquitla
m
18%

45%

42%

78

33

53

27%

110%

47%

74

21

47

18%

45%

42%

78

33

53

144%

127%

120%

16

15

20

27%

110%

47%

74

21

47

Port M
oody/B
elcarra
43%

42%

30%

40

24

30

41%

64%

34%

32

11

32

43%

42%

30%

40

24

30

150%

100%

133%

10

9

12

41%

64%

34%

32

11

32

Richm
ond
32%

42%

33%

278

146

344

31%

49%

43%

326

135

273

32%

42%

33%

278

146

344

91%

122%

88%

127

63

122

31%

49%

43%

326

135

273

Squam
ish
53%

47%

25%

19

15

57

61%

47%

45%

18

19

20

53%

47%

25%

19

15

57

200%

131%

156%

3

13

9

61%

47%

45%

18

19

20

63%

44%

26%

8

9

107

50%

43%

43%

8

7

81

63%

44%

26%

8

9

107

167%

18%

209%

3

11

22

50%

43%

43%

8

7

81

Sunsh
ine Co
ast

22

28%

36%

44%

222

80

182

41%

54%

57%

230

39

168

28%

36%

44%

222

80

182

99%

167%

138%

134

18

71

41%

54%

57%

230

39

168

Vanco
uver E
ast

1

y

Burnab

er
New W
estmin
st

Vanco
uver W
est
34%

26%

29%

721

112

407

37%

37%

36%

621

97

278

34%

26%

29%

721

112

407

119%

110%

99%

227

39

100

37%

37%

36%

621

97

278

Sound
31%

25%

23%

39

12

190

18%

44%

24%

38

9

192

31%

25%

23%

39

12

190

75%

71%

106%

12

7

48

18%

44%

24%

38

9

192

Wes
t
V
a
n
couve
r/Howe

MLS® LISTINGS Facts

46%

39%

41%

41

31

22

79%

113%

70%

28

16

10

46%

39%

41%

41

31

22

33%

108%

45%

40

13

22

79%

113%

70%

28

16

10

Whistl
er/Pem
berton
n/a

2,326

793

2,226

n/a

2,231

675

1,831

n/a

2,326

793

2,226

n/a

901

294

693

n/a

2,231

675

1,831

Listing & Sales Activity Summary
Listings

Sales

1
Jan
2014

2
Dec
2014

3
Jan
2015

5
Jan
2014

6
Dec
2014

7
Jan
2015

212
103
255

50
34
94

188
93
288

276.0
173.5
206.4

61
41
106

104
50
111

86
53
104

-17.3
6.0
-6.3

226
146
348

276
164
343

22.1
12.3
-1.4

166
57
186

64
23
67

147
54
147

129.7
134.8
119.4

71
23
45

70
37
59

55
28
53

-21.4
-24.3
-10.2

220
89
161

231
104
168

5.0
16.9
4.3

95
9
32

27
1
13

64
9
35

137.0
800.0
169.2

29
0
10

32
9
14

31
3
11

-3.1
-66.7
-21.4

85
13
23

112
18
36

31.8
38.5
56.5

164
95
71

65
20
20

148
80
54

127.7
300.0
170.0

57
16
25

85
25
29

79
21
22

-7.1
-16.0
-24.1

204
84
113

286
83
88

40.2
-1.2
-22.1

151
55
196

45
23
62

151
63
152

235.6
173.9
145.2

53
19
48

64
28
59

68
22
57

6.3
-21.4
-3.4

194
62
194

206
89
192

6.2
43.5
-1.0

39
12
140

14
5
73

25
21
180

78.6
320.0
146.6

17
10
47

12
6
52

16
9
58

33.3
50.0
11.5

51
26
148

52
28
178

2.0
7.7
20.3

30
24
40

12
9
10

32
11
32

166.7
22.2
220.0

9
10
17

16
9
15

11
7
13

-31.3
-22.2
-13.3

44
44
55

44
33
42

0.0
-25.0
-23.6

53
33
78

20
15
16

47
21
74

135.0
40.0
362.5

22
15
14

24
19
23

22
23
20

-8.3
21.1
-13.0

76
51
60

74
76
79

-2.6
49.0
31.7

344
146
278

122
63
127

273
135
326

123.8
114.3
156.7

114
61
89

107
77
115

118
66
102

10.3
-14.3
-11.3

312
185
304

354
216
343

13.5
16.8
12.8

107
9
8

22
11
3

81
7
8

268.2
-36.4
166.7

28
4
5

46
2
5

35
3
4

-23.9
50.0
-20.0

78
12
14

119
10
14

52.6
-16.7
0.0

57
15
19

9
13
3

20
19
18

122.2
46.2
500.0

14
7
10

14
17
6

9
9
11

-35.7
-47.1
83.3

30
36
17

41
44
24

36.7
22.2
41.2

182
80
222

71
18
134

168
39
230

136.6
116.7
71.6

80
29
62

98
30
132

95
21
95

-3.1
-30.0
-28.0

306
107
271

315
96
344

2.9
-10.3
26.9

407
112
721

100
39
227

278
97
621

178.0
148.7
173.6

117
29
244

99
43
270

100
36
230

1.0
-16.3
-14.8

368
119
782

316
122
832

-14.1
2.5
6.4

22
31
41

22
13
40

10
16
28

-54.5
23.1
-30.0

9
12
19

10
14
13

7
18
22

-30.0
28.6
69.2

42
57
50

27
51
63

-35.7
-10.5
26.0

190
12
39

48
7
12

192
9
38

300.0
28.6
216.7

44
3
12

51
5
9

47
4
7

-7.8
-20.0
-22.2

173
15
32

163
12
27

-5.8
-20.0
-15.6

2219
793
2326

691
294
901

1824
674
2231

164.0
129.3
147.6

725
279
753

832
371
912

779
323
809

-6.4
-12.9
-11.3

2409
1046
2572

2616
1146
2773

8.6
9.6
7.8

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

%

Col. 6 & 7
Percentage
Variance

9
Nov 2013 Jan 2014

10
Nov 2014 Jan 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

0

200

400

600

800

1000

1200

1400

1600

DETACHED

CONDOMINIUM

ATTACHED

APARTMENTS

$468,872

$566,893

$1,303,256

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 January 2015