News Release

FOR IMMEDIATE RELEASE:

Prices hold firm as home buyers and sellers conclude 2012

from the sidelines
VANCOUVER, B.C. January 3, 2013 The Greater Vancouver housing market experienced
below average home sale totals, typical home listing activity and modest declines in home prices
in 2012.
The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached,
attached and apartment properties in 2012 reached 25,032, a 22.7 per cent decline from the
32,387 sales recorded in 2011, and an 18.2 per cent decrease from the 30,595 residential sales in
2010. Last years home sale total was 25.7 per cent below the ten-year average for annual
Multiple Listing Service (MLS) sales in the region.
The number of residential properties listed for sale on the MLS in Greater Vancouver declined
2 per cent in 2012 to 58,379 compared to the 59,539 properties listed in 2011. Looking back
further, last years total represents a 0.6 per cent increase compared to the 58,009 residential
properties listed in 2010. Last years listing total was 6.1 per cent above the ten-year average for
annual MLS property listings in the region.
"For much of 2012 we saw a collective hesitation on the part of buyers and sellers in the Greater
Vancouver housing market. This behavior was reflected in lower than average home sale activity
and modest fluctuations in home prices, Eugen Klein, REBGV president said.
Residential property sales in Greater Vancouver totalled 1,142 in December 2012, a decrease of
31.1 per cent from the 1,658 sales recorded in December 2011 and a 32.3 per cent decline
compared to November 2012 when 1,686 home sales occurred.
December sales were 38.4 per cent below the 10-year December sales average of 1,855.
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 5.8 per cent to $590,800.
This represents a 2.3 per cent decline when compared to this time last year.
We saw home prices come down a bit during the latter half of the year. During the same period,
we saw fewer home sales and listings, Klein said.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,380
in December 2012. This represents a 15.3 per cent decline compared to the 1,629 units listed in

December 2011 and a 50 per cent decline compared to November 2012 when 2,758 properties
were listed.
Sales of detached properties in December 2012 reached 425, a decrease of 32.5 per cent from the
630 detached sales recorded in December 2011, and a 44.7 per cent decrease from the 769 units
sold in December 2010. The benchmark price for detached properties decreased 2.7 per cent
from December 2011 to $904,200. Since reaching a peak in May, the benchmark price of a
detached property has declined 6.5%.
Sales of apartment properties reached 504 in December 2012, a decline of 34.9 per cent
compared to the 774 sales in December 2011, and a decrease of 37.9 per cent compared to the
811 sales in December 2010.The benchmark price of an apartment property decreased 1.9 per
cent from December 2011 to $361,200. Since reaching a peak in May, the benchmark price of an
apartment property has declined 12.8%.
Attached property sales in December 2012 totalled 213, a decline of 16.1 per cent compared to
the 254 sales in December 2011, and a 33.2 per cent decrease from the 319 attached properties
sold in December 2010. The benchmark price of an attached unit decreased 2.6 per cent between
December 2011 and 2012 to $450,900. Since reaching a peak in April, the benchmark price of an
attached property has declined 4.4%.
Activity continues to vary depending on area so its important to work with your REALTOR
and other professionals to understand the trends in your area of interest, Klein said.
-30The real estate industry is a key economic driver in British Columbia. In 2012, 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 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:

Fiona Youatt, Communication Coordinator
Real Estate Board of Greater Vancouver
Phone: (604) 730-3068
E-mail: fyouatt@rebgv.org

December 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

$532,400
$590,800
$560,000
$551,000
$503,200
$560,800
$497,700
$515,900
$391,400
$354,400
$624,500
$388,000
$395,400
$502,200
$561,300
$387,700
$340,500
$585,700
$600,200
$780,100
$1,503,400
$457,500

150.3
154.9
121.4
152.1
150.3
158.1
147.2
143.5
132.3
152.1
141.3
140.5
140.4
138.7
163.0
125.2
119.3
147.6
175.6
164.4
161.4
109.0

-1.1%
-1.0%
-2.4%
0.0%
-0.5%
-0.9%
-0.7%
0.3%
0.7%
-1.2%
-2.4%
0.1%
-0.1%
-2.0%
-1.5%
0.5%
-3.6%
-0.6%
-0.8%
-1.1%
0.1%
0.9%

-2.5%
-2.5%
-5.5%
-2.4%
-1.2%
-2.6%
-1.9%
-4.1%
-0.2%
-3.3%
-4.9%
2.3%
-0.8%
-1.9%
-1.4%
-5.2%
-7.1%
-2.5%
-1.5%
-1.6%
-4.2%
-4.5%

-4.2%
-4.8%
-10.3%
-3.6%
-4.8%
-3.9%
-2.7%
-6.5%
-0.2%
-4.8%
-5.4%
2.8%
-2.3%
-2.1%
-4.8%
-4.2%
-8.4%
-5.0%
-3.5%
-5.2%
-8.6%
-6.7%

-1.6%
-2.3%
-0.4%
-1.2%
-1.8%
-1.6%
1.3%
-2.5%
0.7%
-0.8%
-1.8%
2.6%
-1.3%
3.0%
-5.3%
2.0%
-6.3%
-0.7%
1.1%
-2.8%
-2.1%
-1.7%

5.5%
6.3%
-8.5%
4.8%
4.2%
8.5%
6.1%
4.1%
0.2%
2.7%
2.3%
3.8%
-0.4%
1.7%
7.9%
1.6%
-10.2%
8.0%
13.1%
7.8%
18.6%
-7.5%

5.2%
7.6%
-10.7%
6.0%
5.5%
11.7%
4.2%
5.2%
-4.0%
2.4%
1.6%
-0.2%
-2.1%
-1.3%
14.6%
-4.1%
-12.5%
6.8%
18.1%
9.7%
11.7%
-16.5%

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

$741,600
$904,200
$560,000
$713,700
$895,800
$951,000
$701,000
$595,100
$463,400
$639,700
$908,500
$499,900
$551,500
$816,100
$938,100
$483,500
$339,100
$705,900
$829,200
$2,004,000
$1,778,100
$890,000

157.6
167.1
121.4
159.6
172.9
182.3
155.3
143.6
131.7
158.7
145.0
139.5
147.3
151.2
188.9
130.6
118.8
152.0
183.1
205.9
169.3
123.2

-1.1%
-1.1%
-2.4%
-0.7%
-1.5%
-2.6%
-0.6%
0.6%
0.9%
-0.9%
-2.4%
-0.6%
-0.3%
-2.1%
-1.8%
-0.1%
-3.7%
-0.8%
-0.7%
-1.2%
0.3%
1.5%

-2.8%
-3.4%
-5.5%
-5.0%
-1.6%
-5.2%
-1.8%
-4.4%
-1.1%
-4.8%
-5.5%
-0.4%
-0.8%
-4.1%
-2.6%
-4.9%
-7.2%
-2.5%
-2.5%
-4.1%
-3.8%
4.9%

-4.7%
-6.0%
-10.3%
-6.2%
-5.6%
-6.2%
-3.0%
-7.1%
-0.6%
-6.3%
-7.1%
-0.3%
-2.4%
-3.3%
-6.1%
-3.8%
-8.3%
-4.7%
-4.1%
-9.1%
-8.6%
8.0%

-1.4%
-2.7%
-0.3%
-1.7%
-0.3%
0.4%
2.9%
-3.2%
1.2%
-2.0%
-3.7%
-0.3%
1.4%
1.7%
-6.5%
-3.5%
-6.5%
-0.5%
0.2%
-5.5%
-1.5%
4.9%

12.3%
14.9%
-8.5%
9.5%
17.6%
23.9%
12.2%
5.0%
1.5%
9.4%
5.5%
2.9%
6.4%
9.8%
21.2%
1.3%
-10.5%
12.8%
20.8%
23.6%
24.1%
-2.1%

12.9%
18.0%
-10.7%
14.1%
22.0%
31.2%
12.0%
6.2%
-2.5%
13.8%
5.5%
1.2%
6.8%
7.5%
32.1%
0.7%
-12.8%
9.8%
28.3%
30.9%
17.4%
-7.6%

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

December 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

$386,200
$450,900
$406,800
$382,900
$410,000
$386,600
$430,100
$267,600
$381,200
$566,100
$323,300
$369,300
$409,000
$488,100
$335,600
$440,800
$512,600
$663,600
$450,300

140.2
146.3
145.9
142.8
147.1
142.0
142.5
130.0
143.2
135.5
139.9
140.6
138.2
157.8
121.8
136.3
169.0
150.1
121.3

-0.8%
-0.7%
-1.8%
-0.6%
-1.4%
-0.6%
-1.0%
-1.1%
-0.7%
-1.7%
-2.6%
-0.2%
-1.1%
-0.9%
2.3%
-1.5%
2.6%
-2.3%
1.5%

-1.6%
-1.7%
-3.1%
-2.7%
-1.9%
0.9%
-4.3%
-1.7%
-3.4%
-1.7%
-1.3%
0.6%
-0.7%
-1.7%
-5.1%
-3.5%
1.5%
-1.3%
-2.6%

-3.5%
-3.8%
-3.6%
-4.5%
-3.2%
1.0%
-4.7%
-2.9%
-5.0%
-5.0%
0.4%
-0.9%
-0.4%
-3.2%
-3.7%
-6.6%
-1.7%
-6.9%
-3.8%

-2.6%
-2.6%
-3.4%
-8.5%
-3.1%
3.0%
-2.7%
-3.5%
-0.6%
-3.5%
-0.5%
-1.6%
2.9%
-4.1%
11.0%
-4.2%
2.4%
-3.0%
12.7%

1.5%
3.5%
2.2%
1.1%
3.4%
4.1%
2.8%
-4.8%
4.7%
0.2%
4.5%
0.1%
1.2%
7.8%
1.2%
-1.7%
11.0%
3.2%
9.1%

0.8%
4.9%
4.9%
1.5%
7.1%
2.7%
1.8%
-7.5%
4.0%
0.7%
0.4%
-1.3%
-2.1%
13.9%
-4.6%
-2.6%
13.3%
6.8%
-3.6%

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

$331,000
$361,200
$378,300
$327,900
$369,100
$248,900
$303,000
$191,100
$263,600
$339,100
$241,300
$220,300
$311,700
$334,000
$239,600
$324,500
$303,400
$463,700
$583,100
$225,300

145.2
146.0
143.6
138.6
148.2
137.0
143.6
139.3
150.7
137.7
142.6
130.6
129.9
141.6
115.3
136.5
167.4
150.1
127.4
80.9

-1.1%
-1.0%
5.8%
0.1%
0.4%
-0.9%
0.3%
2.3%
-1.4%
-2.8%
3.7%
0.2%
-2.8%
-1.7%
-0.6%
0.3%
-1.6%
-1.0%
-1.2%
-0.7%

-2.2%
-2.0%
7.2%
-0.3%
-0.7%
-3.2%
-3.1%
6.7%
-2.7%
-5.5%
9.9%
-2.1%
-0.9%
-0.2%
-7.5%
-2.6%
-0.7%
-0.4%
-6.7%
-6.7%

-3.8%
-4.0%
3.2%
-3.8%
-2.8%
-3.7%
-6.7%
6.8%
-4.1%
-3.7%
10.5%
-3.3%
-2.3%
-4.6%
-7.3%
-5.7%
-3.2%
-2.8%
-8.0%
-11.7%

-1.4%
-1.9%
6.1%
-0.1%
-2.6%
-1.9%
-3.8%
5.4%
-0.5%
0.7%
11.6%
-4.9%
3.8%
-5.5%
7.5%
-3.1%
1.9%
-1.3%
-5.6%
-9.9%

-1.4%
-0.9%
-4.4%
-3.3%
1.5%
-2.3%
1.3%
2.1%
0.2%
-1.4%
4.5%
-9.8%
-4.3%
-5.6%
0.3%
-3.7%
3.8%
0.9%
-5.6%
-32.4%

-2.7%
-1.3%
-9.7%
-3.7%
2.4%
-6.5%
4.7%
-6.2%
-1.2%
-3.4%
-4.0%
-14.0%
-7.0%
-1.7%
-14.7%
-0.5%
6.1%
0.9%
-12.6%
-39.1%

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

Dec 2012
Oct 2012
Aug 2012
Jun 2012
Apr 2012
Feb 2012
Dec 2011
Apartment

Oct 2011
Aug 2011
Jun 2011
Apr 2011

Townhouse

Oct 2010
Aug 2010
Jun 2010

Detached

Apr 2010
Feb 2010
Dec 2009
Oct 2009

Residential

Aug 2009
Jun 2009
Apr 2009
Feb 2009
Dec 2008
Oct 2008
Aug 2008
Jun 2008
Apr 2008
Feb 2008
90

100

110

120

130

140

150

160

170

180

Dec 2007
190

Jan 2005 HPI = 100

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

Dec 2010

Price Index

Greater Vancouver
5 Year Trend

Feb 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

$898,000

$488,500

$352,750

Apartment

861

Attached

Attached

1,282

Detached

Detached

$365,000

Apartment

1,827

$474,000

Apartment

$917,750

667

Attached

Attached

818

Detached

Detached

$322,175

Apartment

1,434

$478,950

Attached

Apartment

$895,000

40

Attached

Detached

65

Detached

104

$361,000

Apartment

$490,000

Apartment

34

Attached

Attached

49

Detached

$845,000

$333,500

Apartment

Detached

$457,000

Attached

102

$897,500

Detached

Apartment

77

29

Attached

Apartment

38

Detached

Coquit
lam
$294,500

$456,000

$709,000

714

523

1,339

$283,000

$461,750

$735,000

665

374

1,067

$329,000

$485,000

$719,900

44

21

84

$273,250

$434,950

$725,000

40

22

60

$282,450

n/a

$686,000

20

10

51

Delta South
$336,000

$436,000

$660,000

149

87

592

$322,500

$450,000

$669,800

124

63

429

n/a

n/a

n/a

18

n/a

n/a

$633,500

13

24

n/a

n/a

n/a

10

Islands
- Gulf
n/a

n/a

$595,000

34

n/a

n/a

$350,000

37

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$215,000

$304,000

$481,759

313

485

1,148

$216,000

$293,000

$479,000

305

367

1,049

$205,900

$286,000

$490,000

37

21

72

$259,950

n/a

$475,750

32

16

58

n/a

n/a

$480,000

16

16

n/a

n/a

32

10

$301,000

$410,750

$630,000

886

132

329

$305,000

$422,500

$661,000

749

128

268

$295,000

n/a

n/a

62

$278,500

n/a

n/a

54

15

11

$314,500

Maple
R
id
g
e/Pitt M
eadow
s
42

$365,000

$635,000

$930,000

895

386

1,191

$375,000

$637,000

$988,000

761

307

920

$380,000

n/a

$982,000

62

17

53

$375,000

$605,000

$905,000

59

25

60

$348,500

$610,000

$925,000

34

24

32

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. Dec. 2011

Year-to-date

Jan. Dec. 2012

December
2011

November
2012

December
2012

Number
of
Sales

December
2012

2012

Port C
oquitla
m
$240,000

$390,000

$542,650

294

237

453

$238,000

$385,000

$541,500

289

223

390

n/a

n/a

n/a

18

16

16

$217,000

n/a

$499,000

21

16

22

$219,500

n/a

$532,500

23

10

22

$335,000

$427,000

$786,250

279

246

234

$332,000

$435,000

$784,000

219

197

188

n/a

n/a

n/a

18

18

14

n/a

n/a

n/a

12

15

15

n/a

n/a

n/a

11

11
54

40

44

Richm
ond
$350,400

$540,650

$990,000

1,542

1,013

1,707

$332,800

$519,000

$986,500

1,101

732

976

$346,000

$499,000

$965,000

75

41

62

$320,000

$494,750

$1,070,000

81

50

76

$318,000

$495,000

$1,080,000

Port M
oody/B
elcarra
10

$239,500

$353,710

$490,000

40

90

188

$251,000

$357,627

$500,000

45

97

181

n/a

n/a

n/a

12

n/a

n/a

n/a

12

13

n/a

n/a

n/a

10

Squam
ish

19

$300,000

$272,500

$392,000

53

41

451

$266,250

$280,750

$397,900

54

38

470

n/a

n/a

$370,000

23

n/a

n/a

$365,000

30

n/a

n/a

n/a

12

Sunsh
ine Co
ast

12

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$342,500

$600,000

$825,000

1,156

411

1,819

$345,000

$625,000

$867,750

1,148

362

1,267

$320,500

n/a

$823,500

51

15

95

$339,800

$598,000

$869,000

69

35

91

$325,000

n/a

$808,500

53

17

54

Vanco
uver W
est
$485,000

$860,000

$2,075,000

4,421

733

1,986

$480,000

$860,000

$2,060,000

3,417

536

1,243

$474,000

$750,000

$2,075,000

262

31

62

$468,500

$908,500

$1,878,000

241

40

77

$468,000

$837,000

$1,730,750

156

30

49

$730,000

$1,119,500

$1,780,000

209

60

1,163

$710,000

$1,195,000

$1,852,000

159

64

609

n/a

n/a

$1,600,000

11

38

n/a

n/a

$1,432,500

32

n/a

n/a

$2,033,000

29

n/a

20

10

n/a

n/a

n/a

11

13

$235,000

$555,000

$845,000

107

167

113

$229,000

$556,000

$975,000

155

232

107

n/a

n/a

n/a

13

13

10

n/a

$512,000

Sound
Wes
t
V
a
n
couve
r/Howe

MLS SALES Facts

Whistl
er/Pem
berton
n/a

12,885

5,473

14,029

n/a

10,625

4,388

10,019

n/a

774

254

630

n/a

750

307

629

n/a

504

213

425

% 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

62%

62%

58%

Apartment

1,399

Attached

Attached

2,075

Detached

Detached

43%

Apartment

3,158

48%

Apartment

38%

Attached

1,395

Attached

Detached

2,145

Detached

3,328

101%

Apartment

Apartment

105%

Attached

38

Attached

98%

66

Detached

Detached

65%

Apartment

103

49%

Attached

Apartment

49%

Detached

69

Attached

158

99

Detached

Apartment

91%

120%

Apartment

103%

Detached

Attached

64

32

Attached

Apartment

37

Detached

Coquit
lam
47%

62%

61%

1,517

844

2,195

42%

48%

51%

1,597

773

2,104

81%

105%

135%

54

20

62

49%

63%

64%

81

35

94

50%

33%

94%

40

30

54

Delta South
59%

68%

69%

254

128

852

46%

53%

55%

267

120

785

90%

233%

106%

10

17

100%

200%

96%

13

25

67%

n/a

100%

10

Islands
- Gulf
0%

25%

21%

10

160

n/a

50%

26%

143

n/a

n/a

0%

n/a

n/a

11%

n/a

n/a

83%

48%

65%

51%

658

746

2,259

47%

50%

46%

651

734

2,273

206%

140%

131%

18

15

55

65%

33%

63%

49

48

92

55%

133%

95%

29

12

44

Maple
R
id
g
e/Pitt M
eadow
s
57%

65%

69%

1,549

202

476

46%

52%

56%

1,628

245

481

107%

300%

60%

58

10

67%

214%

61%

81

18

71%

56%

143%

45

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

Year-to-date*

Jan. Dec. 2011

Year-to-date*

Jan. Dec. 2012

December
2011

November
2012

December
2012

Number
of
Listings

December
2012

2012

North
Vanco
uver
52%

65%

66%

1,712

595

1,799

43%

48%

49%

1,766

637

1,879

127%

170%

166%

49

10

32

73%

83%

69%

81

30

87

79%

400%

110%

43

29

Port C
oquitla
m
42%

61%

64%

707

390

706

47%

52%

54%

611

426

716

82%

133%

100%

22

12

16

66%

46%

100%

32

35

22

121%

83%

200%

19

12

11

Port M
oody/B
elcarra
46%

61%

50%

603

404

466

41%

53%

41%

529

373

456

180%

200%

127%

10

11

50%

83%

79%

24

18

19

122%

275%

125%

Richm
ond
50%

53%

46%

3,110

1,924

3,688

38%

44%

29%

2,885

1,678

3,334

74%

75%

73%

102

55

85

56%

54%

55%

145

93

139

57%

89%

54%

94

45

82

Squam
ish
16%

44%

41%

245

206

459

24%

41%

39%

191

234

460

60%

88%

100%

10

12

233%

100%

54%

12

24

75%

100%

100%

10

29%

45%

38%

181

92

1,187

43%

32%

38%

126

120

1,241

17%

25%

92%

12

25

80%

0%

60%

15

50

33%

33%

32%

37

Sunsh
ine Co
ast

19

55%

63%

63%

2,095

657

2,899

51%

48%

46%

2,238

756

2,736

82%

250%

127%

62

75

68%

67%

82%

102

52

111

104%

121%

87%

51

14

62

Vanco
uver E
ast

12

Burnab

er
New W
estmin
st

Vanco
uver W
est
53%

55%

55%

8,302

1,340

3,589

43%

41%

35%

7,974

1,322

3,598

120%

119%

70%

218

26

89

62%

60%

48%

387

67

159

102%

120%

51%

153

25

96

Sound
57%

50%

59%

368

120

1,975

41%

37%

36%

387

171

1,702

138%

0%

109%

35

47%

60%

44%

17

72

114%

20%

73%

40

Wes
t
V
a
n
couve
r/Howe

MLS LISTINGS Facts

25%

35%

33%

420

474

340

38%

57%

31%

409

409

344

38%

54%

38%

34

24

26

22%

100%

50%

32

20

20

42%

42%

39%

26

31

18

Whistl
er/Pem
berton
n/a

24,889

9,525

25,125

n/a

24,587

9,395

24,397

n/a

770

237

622

n/a

1,210

508

1,040

n/a

596

233

551

Listing & Sales Activity Summary

Listings

Sales

1
Dec
2011

2
Nov
2012

3
Dec
2012

5
Dec
2011

6
Nov
2012

7
Dec
2012

66
38
103

99
69
158

37
32
64

-62.6
-53.6
-59.5

65
40
104

49
34
102

38
29
77

-22.4
-14.7
-24.5

242
183
346

143
121
301

-40.9
-33.9
-13.0

62
20
54

94
35
81

54
30
40

-42.6
-14.3
-50.6

84
21
44

60
22
40

51
10
20

-15.0
-54.5
-50.0

258
83
156

179
52
112

-30.6
-37.3
-28.2

17
3
10

25
2
13

10
0
6

-60.0
-100.0
-53.8

18
7
9

24
4
13

10
1
4

-58.3
-75.0
-69.2

79
18
30

68
8
27

-13.9
-55.6
-10.0

55
15
18

92
48
49

44
12
29

-52.2
-75.0
-40.8

72
21
37

58
16
32

42
16
16

-27.6
0.0
-50.0

250
97
93

189
61
78

-24.4
-37.1
-16.1

32
10
49

87
30
81

29
6
43

-66.7
-80.0
-46.9

53
17
62

60
25
59

32
24
34

-46.7
-4.0
-42.4

221
87
228

170
74
149

-23.1
-14.9
-34.6

10
2
58

18
7
81

7
9
45

-61.1
28.6
-44.4

6
6
62

11
15
54

10
5
32

-9.1
-66.7
-40.7

55
22
192

47
29
136

-14.5
31.8
-29.2

11
9
10

19
18
24

8
4
9

-57.9
-77.8
-62.5

14
18
18

15
15
12

10
11
11

-33.3
-26.7
-8.3

50
71
62

32
37
37

-36.0
-47.9
-40.3

16
12
22

22
35
32

11
12
19

-50.0
-65.7
-40.6

16
16
18

22
16
21

22
10
23

0.0
-37.5
9.5

90
52
65

76
45
59

-15.6
-13.5
-9.2

85
55
102

139
93
145

82
45
94

-41.0
-51.6
-35.2

62
41
75

76
50
81

44
40
54

-42.1
-20.0
-33.3

269
180
264

199
151
220

-26.0
-16.1
-16.7

25
4
12

50
15
5

37
3
6

-26.0
-80.0
20.0

23
1
2

30
0
4

12
1
2

-60.0
100.0
-50.0

89
4
8

88
6
11

-1.1
50.0
37.5

12
8
10

24
12
3

10
5
4

-58.3
-58.3
33.3

12
7
6

13
12
7

10
5
3

-23.1
-58.3
-57.1

48
19
10

37
21
13

-22.9
10.5
30.0

75
6
62

111
52
102

62
14
51

-44.1
-73.1
-50.0

95
15
51

91
35
69

54
17
53

-40.7
-51.4
-23.2

333
82
251

238
73
192

-28.5
-11.0
-23.5

89
26
218

159
67
387

96
25
153

-39.6
-62.7
-60.5

62
31
262

77
40
241

49
30
156

-36.4
-25.0
-35.3

303
124
949

230
119
661

-24.1
-4.0
-30.3

26
24
34

20
20
32

18
31
26

-10.0
55.0
-18.8

10
13
13

10
20
7

7
13
11

-30.0
-35.0
57.1

31
46
40

26
55
33

-16.1
19.6
-17.5

35
5
8

72
5
17

40
5
7

-44.4
0.0
-58.8

38
0
11

32
3
8

29
1
8

-9.4
-66.7
0.0

194
12
38

112
6
28

-42.3
-50.0
-26.3

616
237
770

1031
508
1210

545
233
596

-47.1
-54.1
-50.7

630
254
774

628
307
750

420
213
504

-33.1
-30.6
-32.8

2512
1080
2732

1834
858
2057

-27.0
-20.6
-24.7

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

Col. 6 & 7
Percentage
Variance

9
Oct 2011 Dec 2011

10
Oct 2012 Dec 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

200

400

600

800

1000

1200

1400

DETACHED

CONDOMINIUM

ATTACHED

APARTMENTS

$415,991

$557,966

$1,078,495

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 December 2012