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News Release

FOR IMMEDIATE RELEASE:

Home buyer and seller activity outpaces historical averages in


February
VANCOUVER, B.C. March 3, 2015 Conditions within the Metro Vancouver* housing
market continued to strengthen in February as home sale and listing totals came in well above the
regions ten-year average for the month.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 3,061 on the Multiple Listing Service (MLS) in February 2015.
This represents a 21 per cent increase compared to the 2,530 sales recorded in February 2014,
and a 60 per cent increase compared to the 1,913 sales in January 2015.
Last months sales were 20.2 per cent above the 10-year sales average for the month.
Its an active and competitive marketplace today. Buyers are motivated and homes that are
priced competitively are selling at a brisk pace right now, Ray Harris, REBGV president, said.
New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,425
in February. This represents a 15.4 per cent increase compared to the 4,700 new listings reported
in February 2014.
Last months new listing count was 11.8 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 11,898, an 11.3
per cent decline compared to February 2014 and a 10.1 per cent increase compared to January
2015.
The MLS Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $649,700. This represents a 6.4 per cent increase compared to February
2014.
The sales-to-active-listings ratio in February was 25.7 per cent. This is the highest that this ratio
has been in Metro Vancouver since March 2011.

Were seeing more multiple offer situations and generally more traffic at open houses today,
Harris said. In a market such as this, its important to do your homework and work with your
local REALTOR before embarking on your home buying and selling journey.
Sales of detached properties in February 2015 reached 1,296, an increase of 25.6 per cent from
the 1,032 detached sales recorded in February 2014, and an 84.1 per cent increase from the 704
units sold in February 2013. The benchmark price for a detached property in Metro Vancouver
increased 9.7 per cent from February 2014 to $1,026,300.
Sales of apartment properties reached 1,244 in February 2015, an increase of 20.5 per cent
compared to the 1,032 sales in February 2014, and an increase of 63.7 per cent compared to the
760 sales in February 2013. The benchmark price of an apartment property increased 3 per cent
from February 2014 to $386,500.
Attached property sales in February 2015 totalled 521, an increase of 11.8 per cent compared to
the 466 sales in February 2014, and a 56.5 per cent increase from the 333 attached properties
sold in February 2013. The benchmark price of an attached unit increased 4.6 per cent between
February 2014 and 2015 to $481,500.
*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, 28,524 homes changed ownership in
the Boards area, generating $1.84 billion in economic spin-off activity and 13,977 jobs. The total dollar value of
residential sales transacted through the MLS system in Greater Vancouver totalled $22 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

February 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

$576,400
$649,700
$587,600
$602,500
$548,000
$610,200
$544,600
$561,100
$399,500
$383,000
$704,700
$403,600
$416,500
$556,200
$608,800
$426,800
$351,100
$628,700
$670,900
$883,500
$1,757,500
$499,300

162.5
170.0
127.4
166.3
164.7
172.5
161.1
156.1
135.0
163.1
159.0
147.7
147.6
153.8
176.4
139.1
123.0
157.5
196.5
186.2
188.6
116.0

1.2%
1.3%
1.2%
2.3%
1.5%
1.1%
0.6%
0.1%
0.4%
0.6%
1.0%
0.1%
0.5%
1.6%
1.5%
3.0%
-0.6%
0.6%
0.9%
1.6%
1.8%
3.9%

1.4%
1.7%
1.0%
-0.5%
1.8%
2.1%
1.6%
0.3%
0.8%
0.2%
2.1%
0.3%
0.3%
2.0%
2.1%
1.9%
-0.3%
0.4%
1.9%
1.8%
5.0%
0.0%

2.1%
2.7%
-0.2%
2.3%
2.0%
2.7%
2.7%
2.2%
1.8%
1.0%
3.3%
4.2%
0.6%
2.5%
2.3%
2.7%
-2.4%
2.2%
3.5%
3.1%
3.5%
3.5%

5.2%
6.4%
5.6%
4.7%
6.1%
6.3%
6.3%
4.8%
3.9%
3.8%
8.5%
3.1%
3.8%
6.9%
5.7%
14.4%
4.0%
4.2%
8.0%
6.8%
9.9%
13.9%

5.7%
6.5%
1.3%
8.0%
6.5%
7.3%
10.0%
2.8%
2.5%
5.0%
8.7%
8.0%
4.1%
12.9%
2.0%
16.3%
1.1%
4.5%
11.6%
8.2%
12.8%
9.0%

11.7%
14.2%
-4.5%
12.1%
12.3%
15.8%
13.8%
11.0%
-0.4%
9.5%
14.0%
5.6%
1.9%
10.4%
13.2%
9.8%
-6.3%
12.0%
24.2%
18.8%
34.6%
-0.6%

61.7%
69.0%
26.5%
65.5%
64.0%
71.6%
60.5%
55.6%
34.6%
62.1%
58.2%
47.3%
47.0%
53.2%
75.7%
38.4%
22.3%
56.7%
95.5%
84.4%
87.7%
15.5%

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

$825,800
$1,026,300
$587,600
$789,800
$1,034,200
$1,069,300
$788,500
$656,400
$480,500
$697,400
$1,065,400
$527,800
$593,100
$928,100
$1,051,000
$562,500
$349,100
$761,700
$990,800
$2,403,900
$2,096,400
$980,300

175.4
189.3
127.4
176.6
200.0
204.7
174.7
158.4
136.9
173.0
169.6
148.8
158.2
171.4
210.8
149.5
122.3
164.0
219.0
246.8
199.3
135.7

1.6%
1.6%
1.2%
2.6%
2.9%
1.9%
1.3%
-0.4%
0.0%
3.0%
1.7%
0.3%
0.8%
0.6%
1.9%
3.5%
-0.5%
0.2%
1.7%
2.2%
1.7%
3.9%

2.0%
2.6%
1.0%
-2.2%
5.0%
2.8%
2.5%
1.0%
0.1%
-2.1%
2.7%
0.9%
1.6%
0.7%
2.9%
3.6%
-0.4%
0.7%
3.6%
3.4%
4.9%
3.0%

3.4%
4.0%
-0.2%
1.9%
5.7%
4.5%
3.9%
3.0%
1.0%
2.1%
4.2%
1.9%
1.5%
2.6%
5.3%
2.4%
-2.4%
2.4%
5.9%
5.2%
3.5%
2.1%

7.7%
9.7%
5.6%
5.1%
11.7%
8.4%
9.3%
6.3%
5.1%
5.2%
12.1%
6.3%
6.5%
7.0%
11.9%
14.4%
3.8%
4.7%
13.2%
12.0%
9.9%
10.1%

8.3%
8.5%
1.3%
6.6%
13.8%
12.5%
14.5%
4.1%
4.3%
4.0%
11.8%
5.2%
8.4%
14.0%
2.7%
11.0%
0.7%
6.6%
18.6%
8.9%
13.8%
10.9%

21.5%
26.1%
-4.5%
18.0%
31.1%
37.6%
23.0%
13.6%
1.9%
15.7%
22.2%
6.4%
11.6%
21.2%
28.4%
13.9%
-6.9%
17.7%
41.4%
40.8%
41.5%
5.1%

74.7%
88.5%
26.5%
75.5%
99.2%
103.9%
74.2%
57.9%
36.6%
72.0%
68.8%
48.4%
57.7%
70.9%
110.0%
48.3%
21.6%
63.0%
118.1%
146.1%
98.1%
34.9%

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

February 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

$402,300
$481,500
$432,700
$400,600
$413,300
$409,300
$460,800
$280,400
$416,400
$612,900
$328,900
$378,400
$438,800
$523,700
$357,100
$453,600
$528,700
$761,300
$494,000

145.6
155.6
155.2
149.4
148.3
150.4
152.7
136.2
156.4
146.7
142.3
143.5
148.3
169.3
129.6
149.9
174.3
172.2
132.1

0.8%
0.4%
1.4%
-1.3%
-1.3%
3.9%
-0.7%
-0.2%
0.3%
1.0%
-5.2%
0.4%
2.9%
0.8%
3.3%
1.0%
-3.0%
0.3%
4.2%

-0.2%
-0.1%
1.1%
-2.7%
-3.0%
1.9%
-0.7%
2.8%
-1.6%
0.1%
-3.3%
-1.6%
1.4%
1.6%
-2.2%
2.0%
-1.1%
-1.3%
-1.0%

0.5%
1.0%
1.4%
-1.8%
-2.2%
5.1%
-0.1%
2.9%
1.0%
1.4%
0.8%
-2.2%
4.1%
2.4%
-3.6%
1.9%
-2.7%
2.3%
-1.0%

2.5%
4.6%
2.9%
0.0%
1.9%
8.0%
-0.5%
3.2%
5.2%
4.0%
1.6%
1.6%
9.5%
3.0%
7.6%
0.9%
6.0%
9.1%
10.5%

2.2%
4.9%
5.5%
-3.5%
-1.7%
9.0%
0.4%
3.4%
6.0%
2.8%
4.2%
-0.3%
10.3%
5.2%
35.7%
-3.5%
4.9%
13.6%
20.1%

3.9%
7.8%
6.5%
3.4%
2.7%
7.8%
7.8%
-1.2%
11.8%
6.2%
0.8%
-2.0%
6.2%
12.6%
5.7%
6.8%
11.7%
15.2%
14.4%

45.0%
55.0%
54.9%
48.5%
47.9%
49.7%
51.8%
35.5%
55.8%
46.1%
41.9%
42.6%
47.4%
68.8%
29.6%
49.0%
72.7%
71.7%
32.1%

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

$348,400
$386,500
$426,800
$348,300
$401,000
$259,200
$317,300
$171,400
$281,500
$362,400
$253,500
$230,600
$342,500
$347,900
$272,600
$326,800
$318,500
$504,800
$660,500
$263,200

152.1
155.4
162.0
147.2
161.0
142.7
150.4
123.8
160.3
147.5
149.8
136.7
142.7
146.9
131.3
137.8
175.7
163.4
144.3
86.3

0.9%
1.0%
3.4%
1.1%
1.0%
-2.1%
2.6%
3.9%
-0.3%
-0.2%
3.2%
0.1%
1.6%
1.2%
3.3%
2.5%
0.7%
1.6%
2.9%
4.0%

1.2%
1.3%
0.5%
0.3%
2.6%
-0.1%
-1.1%
1.7%
1.5%
1.5%
2.0%
0.3%
3.8%
1.2%
3.7%
-1.0%
0.5%
1.4%
5.3%
-0.2%

0.7%
1.4%
4.0%
-0.1%
2.4%
-0.1%
1.5%
4.5%
0.6%
2.4%
8.7%
2.1%
0.7%
-2.2%
20.2%
1.7%
1.6%
1.8%
4.2%
17.6%

2.4%
3.0%
4.6%
3.3%
5.5%
-0.2%
5.1%
-1.9%
2.9%
4.6%
0.7%
1.9%
3.7%
-1.1%
33.8%
3.3%
2.1%
3.7%
13.0%
35.9%

2.7%
4.0%
19.4%
4.7%
6.1%
1.6%
0.5%
-7.5%
5.3%
5.2%
15.8%
1.6%
11.8%
-2.8%
14.9%
-1.1%
5.0%
6.6%
7.0%
9.4%

2.0%
4.0%
6.0%
2.2%
7.0%
0.6%
4.7%
-10.3%
6.8%
4.9%
8.1%
-7.4%
3.6%
-3.5%
7.3%
-4.6%
7.1%
8.0%
5.3%
-21.6%

51.0%
54.2%
61.0%
46.5%
60.2%
42.0%
50.4%
23.3%
59.3%
46.9%
49.2%
36.2%
42.1%
46.2%
30.9%
37.8%
74.7%
61.3%
43.9%
-14.1%

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 13

Feb 2015
Dec 2014
Oct 2014
Aug 2014
Jun 2014
Apr 2014
Feb 2014
Apartment

Dec 2013
Oct 2013
Aug 2013
Jun 2013

Townhouse

Feb 2013
Dec 2012
Oct 2012
Aug 2012

Detached

Jun 2012
Apr 2012
Feb 2012
Dec 2011

Residential

Oct 2011
Aug 2011
Jun 2011
Apr 2011
Feb 2011
Dec 2010
Oct 2010
Aug 2010
Jun 2010
Apr 2010
60

80

100

120
Price
Index

140

160

180

Feb 2010
200

Jan 2005 HPI = 100

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

Greater Vancouver
5 Year Trend

Apr 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

$996,000

$476,000

$372,900

Apartment

88

Attached

Attached

140

Detached

Detached

$388,950

Apartment

237

$475,000

Apartment

$1,162,500

141

Attached

Attached

207

Detached

Detached

$369,000

Apartment

260

$501,500

Apartment

$1,025,000

Attached

47

Attached

Detached

79

Detached

131

$359,000

Apartment

$430,000

Apartment

53

Attached

Attached

86

Detached

$1,075,400

$411,000

Apartment

Detached

$515,400

Attached

104

$1,195,500

Detached

Apartment

156

88

Attached

Apartment

121

Detached

Coquit
lam
$311,800

$469,000

$720,000

99

76

154

$299,900

$470,000

$827,000

141

63

174

$323,661

$469,900

$697,500

54

53

83

$265,000

$387,450

$801,000

53

28

55

$307,500

$486,000

$834,750

88

35

119

Delta South
n/a

n/a

$693,500

19

68

$338,000

n/a

$729,000

21

11

85

n/a

n/a

$668,000

39

n/a

n/a

$785,000

11

31

n/a

n/a

$714,357

10

54

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

$239,068

$303,450

$483,750

55

59

148

$210,500

$288,080

$517,500

47

60

206

$237,034

$300,000

$482,500

30

43

91

$215,500

$299,899

$475,000

22

21

79

$209,900

$288,080

$545,000

25

39
78

12

28

$299,400

n/a

$705,000

114

18

41

$293,000

$475,000

$755,000

136

21

44

$289,800

n/a

$711,786

67

24

$275,950

n/a

n/a

58

16

$298,750

n/a

$752,500

Maple
R
id
g
e/Pitt M
eadow
s
127

$379,000

$636,250

$1,100,000

121

56

148

$382,000

$678,000

$1,260,000

151

75

192

$393,500

$660,000

$1,063,000

73

37

95

$392,000

$679,000

$1,210,000

57

22

68

$369,000

$674,900

$1,278,750

94

53

124

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. Feb. 2014

Year-to-date

Jan. Feb. 2015

February
2014

January
2015

February
2015

Number
of
Sales

February
2015

2015

Port C
oquitla
m
$250,000

$378,800

$557,000

41

51

61

$241,750

$414,900

$580,500

52

44

60

$245,000

$386,000

$542,000

27

36

39

$241,700

$397,750

$587,550

20

23

22

$242,500

$429,900

$576,000

32

21

38

$335,000

$405,000

$911,800

37

31

29

$350,000

$416,500

$925,000

35

21

31

$346,450

$410,000

$943,000

20

21

20

n/a

n/a

n/a

13

11

$370,000

n/a

$932,500

22

14
138

94

164

Richm
ond
$348,000

$534,400

$1,084,500

205

140

258

$338,000

$549,000

$1,061,500

240

160

282

$341,415

$525,000

$1,149,000

116

79

144

$339,500

$549,000

$1,090,000

102

66

118

$336,000

$550,000

$1,050,000

Port M
oody/B
elcarra
20

n/a

n/a

$470,000

16

12

30

$247,500

$387,400

$599,000

21

28

36

n/a

n/a

n/a

16

n/a

n/a

n/a

11

n/a

n/a

$640,000

10

19

27

Squam
ish

22

n/a

n/a

$350,000

12

51

n/a

n/a

$360,000

13

66

n/a

n/a

$325,000

23

n/a

n/a

$358,500

35

n/a

n/a

$360,327

31

Sunsh
ine Co
ast

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$315,250

$665,000

$938,000

197

75

210

$341,800

$672,500

$1,090,000

230

65

240

$315,500

$675,000

$961,500

135

46

130

$330,000

$607,000

$1,081,000

95

21

95

$348,950

$691,500

$1,098,000

135

44

145

Vanco
uver W
est
$493,000

$825,000

$2,433,000

568

76

289

$498,900

$898,000

$2,512,500

629

99

266

$510,125

$810,000

$2,517,000

324

47

172

$498,000

$750,900

$2,450,050

230

36

100

$499,000

$948,000

$2,581,500

399

63

166

$769,000

n/a

$2,225,000

24

12

107

$824,000

n/a

$2,250,000

29

10

165

n/a

n/a

$2,580,000

12

63

n/a

n/a

$2,050,000

47

$835,000

n/a

$2,367,500

22

118

n/a

26

23

12

$134,000

$597,500

$1,345,000

40

39

20

$300,750

$500,000

n/a

48

41

19

$208,000

$675,000

n/a

21

27

11

$269,500

n/a

n/a

22

18

$335,000

$470,000

Sound
Wes
t
V
a
n
couve
r/Howe

MLS SALES Facts

Whistl
er/Pem
berton
n/a

1,785

745

1,760

n/a

2,053

844

2,077

n/a

1,032

466

1,032

n/a

809

323

781

n/a

1,244

521

1,296

% 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

38%

48%

49%

Attached

Apartment

185

Attached

Detached

369

Detached

485

46%

Apartment

Apartment

60%

Attached

234

Attached

52%

399

Detached

Detached

57%

Apartment

564

57%

Apartment

50%

Attached

82

Attached

Detached

157

Detached

230

36%

Apartment

Apartment

57%

93

Attached

46%

188

Detached

Attached

57%

Apartment

Detached

62%

Attached

288

57%

Detached

Apartment

276

141

Attached

Apartment

211

Detached

Coquit
lam
33%

66%

49%

304

116

313

47%

55%

61%

297

115

287

46%

90%

56%

118

59

147

36%

52%

37%

147

54

147

59%

57%

85%

150

61

140

Delta South
38%

24%

39%

50

17

176

35%

61%

67%

60

18

126

50%

50%

48%

18

81

31%

33%

48%

35

64

40%

89%

87%

25

62

Islands
- Gulf
n/a

n/a

55%

11

n/a

0%

25%

16

n/a

n/a

75%

n/a

0%

29%

n/a

n/a

22%

40%

40%

43%

137

148

343

39%

39%

61%

119

152

338

45%

81%

51%

66

53

179

41%

26%

53%

54

80

148

38%

54%

67%

65

72

190

Maple
R
id
g
e/Pitt M
eadow
s
40%

64%

49%

282

28

83

44%

46%

66%

308

46

67

47%

50%

55%

142

16

44

32%

43%

64%

180

21

25

61%

48%

67%

128

25

42

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

Year-to-date*

Jan. Feb. 2014

Year-to-date*

Jan. Feb. 2015

February
2014

January
2015

February
2015

Number
of
Listings

February
2015

2015

North
Vanco
uver
33%

50%

44%

364

113

337

42%

56%

53%

358

133

359

43%

64%

51%

168

58

186

38%

35%

45%

152

63

151

46%

76%

60%

206

70

208

Port C
oquitla
m
28%

63%

60%

148

81

102

39%

66%

65%

135

67

92

39%

75%

80%

70

48

49

27%

110%

47%

74

21

47

52%

46%

84%

61

46

45

Port M
oody/B
elcarra
46%

63%

47%

80

49

62

53%

50%

46%

66

42

67

50%

84%

63%

40

25

32

41%

64%

34%

32

11

32

65%

45%

57%

34

31

35

Richm
ond
38%

49%

44%

546

287

587

37%

61%

53%

654

263

535

43%

56%

59%

268

141

243

31%

49%

43%

326

135

273

42%

73%

63%

328

128

262

Squam
ish
57%

31%

33%

28

39

91

64%

65%

61%

33

43

59

67%

21%

47%

24

34

61%

47%

45%

18

19

20

67%

79%

69%

15

24

39

50%

62%

23%

24

13

219

76%

24%

38%

17

21

172

44%

100%

21%

16

112

50%

43%

43%

81

100%

14%

34%

14

91

Sunsh
ine Co
ast

22

46%

49%

51%

430

153

409

51%

66%

60%

453

99

403

65%

63%

57%

208

73

227

41%

54%

57%

230

39

168

61%

73%

62%

223

60

235

Vanco
uver E
ast

Burnab

er
New W
estmin
st

Vanco
uver W
est
43%

38%

42%

1,332

201

687

47%

43%

39%

1,330

229

682

53%

53%

61%

611

89

280

37%

37%

36%

621

97

278

56%

48%

41%

709

132

404

Sound
35%

55%

32%

69

22

338

40%

33%

38%

73

30

432

40%

90%

43%

30

10

148

18%

44%

24%

38

192

63%

29%

49%

35

21

240

Wes
t
V
a
n
couve
r/Howe

MLS LISTINGS Facts

49%

64%

45%

82

61

44

56%

84%

58%

86

49

33

51%

90%

50%

41

30

22

79%

113%

70%

28

16

10

45%

70%

52%

58

33

23

Whistl
er/Pem
berton
n/a

4,361

1,513

4,171

n/a

4,553

1,542

4,067

n/a

2,035

720

1,945

n/a

2,231

675

1,831

n/a

2,322

867

2,236

Listing & Sales Activity Summary


Listings

Sales

1
Feb
2014

2
Jan
2015

3
Feb
2015

5
Feb
2014

6
Jan
2015

7
Feb
2015

157
82
230

188
93
288

211
141
276

12.2
51.6
-4.2

79
47
131

86
53
104

121
88
156

40.7
66.0
50.0

213
134
336

311
191
371

46.0
42.5
10.4

147
59
118

147
54
147

140
61
150

-4.8
13.0
2.0

83
53
54

55
28
53

119
35
88

116.4
25.0
66.0

213
107
159

244
100
200

14.6
-6.5
25.8

81
8
18

64
9
35

62
9
25

-3.1
0.0
-28.6

39
4
9

31
3
11

54
8
10

74.2
166.7
-9.1

94
6
27

117
20
35

24.5
233.3
29.6

179
53
66

148
80
54

190
72
65

28.4
-10.0
20.4

91
43
30

79
21
22

127
39
25

60.8
85.7
13.6

219
100
109

291
85
76

32.9
-15.0
-30.3

186
58
168

151
63
152

208
70
206

37.7
11.1
35.5

95
37
73

68
22
57

124
53
94

82.4
140.9
64.9

206
75
179

256
103
210

24.3
37.3
17.3

44
16
142

25
21
180

42
25
128

68.0
19.0
-28.9

24
8
67

16
9
58

28
12
78

75.0
33.3
34.5

55
25
162

56
27
188

1.8
8.0
16.0

32
25
40

32
11
32

35
31
34

9.4
181.8
6.3

20
21
20

11
7
13

20
14
22

81.8
100.0
69.2

50
45
54

47
30
50

-6.0
-33.3
-7.4

49
48
70

47
21
74

45
46
61

-4.3
119.0
-17.6

39
36
27

22
23
20

38
21
32

72.7
-8.7
60.0

91
71
68

84
63
75

-7.7
-11.3
10.3

243
141
268

273
135
326

262
128
328

-4.0
-5.2
0.6

144
79
116

118
66
102

164
94
138

39.0
42.4
35.3

347
189
316

389
237
355

12.1
25.4
12.3

112
4
16

81
7
8

91
14
9

12.3
100.0
12.5

23
4
7

35
3
4

31
2
9

-11.4
-33.3
125.0

76
12
17

112
7
18

47.4
-41.7
5.9

34
24
9

20
19
18

39
24
15

95.0
26.3
-16.7

16
5
6

9
9
11

27
19
10

200.0
111.1
-9.1

38
22
19

50
45
27

31.6
104.5
42.1

227
73
208

168
39
230

235
60
223

39.9
53.8
-3.0

130
46
135

95
21
95

145
44
135

52.6
109.5
42.1

320
108
287

338
95
362

5.6
-12.0
26.1

280
89
611

278
97
621

404
132
709

45.3
36.1
14.2

172
47
324

100
36
230

166
63
399

66.0
75.0
73.5

400
112
813

365
142
899

-8.8
26.8
10.6

22
30
41

10
16
28

23
33
58

130.0
106.3
107.1

11
27
21

7
18
22

12
23
26

71.4
27.8
18.2

33
60
52

29
55
61

-12.1
-8.3
17.3

148
10
30

192
9
38

240
21
35

25.0
133.3
-7.9

63
9
12

47
4
7

118
6
22

151.1
50.0
214.3

159
20
37

216
15
38

35.8
-25.0
2.7

1941
720
2035

1824
674
2231

2227
867
2322

22.1
28.6
4.1

1029
466
1032

779
323
809

1294
521
1244

66.1
61.3
53.8

2514
1086
2635

2905
1215
2965

15.6
11.9
12.5

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

Col. 6 & 7
Percentage
Variance

9
Dec 2013 Feb 2014

10
Dec 2014 Feb 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

$447,806

$605,972

$1,397,205

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 February 2015

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