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News Release

FOR IMMEDIATE RELEASE:

Competition continues to drive Metro Vancouvers housing market


VANCOUVER, B.C. September 2, 2015 Metro Vancouver* home buyers spent the
summer months searching for their next home. Between June and August, home sales were
between 25 and 30 per cent above the ten-year sales average.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Metro Vancouver reached 3,362 on the Multiple Listing Service (MLS) in August 2015. This
represents a 21.3 per cent increase compared to the 2,771 sales recorded in August 2014, and a
decrease of 15.5 per cent compared to the 3,978 sales in July 2015.
Last months sales were 27.9 per cent above the 10-year sales average for the month.
There was no summer lull in our market this year. Home buyers have been working with their
REALTORS throughout the summer months, Darcy McLeod, REBGV president said.
Theyre motivated, but theyre competing for a smaller supply of homes for sale than is typical
for this time of year thats the dynamic driving our market right now.
New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,281
in August. This represents an 8.7 per cent increase compared to the 3,940 new listings reported
in August 2014.
The total number of properties currently listed for sale on the regions MLS is 10,897, a 26.2
per cent decline compared to August 2014 and a 5.3 per cent decline compared to July 2015.
Those who have a sound buying strategy and an understanding of current price trends are
having the most success in todays market, McLeod said.
The MLS Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $708,500. This represents a 12 per cent increase compared to August
2014.
The sales-to-active-listings ratio in August was 30.9 per cent. This is the sixth consecutive month
that this ratio has been above 30 per cent in Metro Vancouver.
Sales of detached properties in August 2015 reached 1,290, an increase of 11.4 per cent from the
1,158 detached sales recorded in August 2014, and a 22.6 per cent increase from the 1,052 units

sold in August 2013. The benchmark price for a detached property in Metro Vancouver
increased 17.5 per cent from August 2014 to $1,159,600.
Sales of apartment properties reached 1,494 in August 2015, an increase of 32.7 per cent
compared to the 1,126 sales in August 2014, and an increase of 46.8 per cent compared to the
1,018 sales in August 2013. The benchmark price of an apartment property increased 6.3 per cent
from August 2014 to $405,400.
Attached property sales in August 2015 totalled 578, an increase of 18.7 per cent compared to
the 487 sales in August 2014, and a 30.2 per cent increase from the 444 attached properties sold
in August 2013. The benchmark price of an attached unit increased 7.3 per cent between August
2014 and 2015 to $511,500.
*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, 33,116 homes changed ownership in
the Boards area, generating $2.136 billion in economic spin-off activity and an estimated 16,227 jobs. The total
dollar value of residential sales transacted through the MLS system in Metro Vancouver totalled $27.3 billion in
2014. The Real Estate Board of Greater Vancouver is an association representing nearly 12,000 REALTORS and
their companies. The Board provides a variety of member services, including the Multiple Listing Service. For
more information on real estate, statistics, and buying or selling a home, contact a local REALTOR or visit
www.rebgv.org.

For more information please contact:


Craig Munn
Manager, Communication
Real Estate Board of Greater Vancouver
604.730.3146
cmunn@rebgv.org

August 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

$624,600
$708,500
$630,100
$671,700
$601,300
$654,100
$595,600
$641,300
$423,500
$413,000
$755,300
$428,500
$456,000
$601,800
$664,700
$449,900
$379,600
$738,500
$739,800
$966,100
$1,990,400
$516,900

176.1
185.4
136.6
185.4
180.7
184.9
176.2
178.4
143.1
175.9
170.4
156.8
161.6
166.4
192.6
146.6
133.0
185.0
216.7
203.6
213.6
120.1

1.1%
1.1%
2.6%
1.5%
1.0%
0.5%
1.2%
1.3%
1.0%
1.1%
0.5%
1.5%
0.7%
0.6%
1.0%
0.3%
0.3%
2.0%
1.0%
1.8%
1.8%
-0.5%

3.5%
3.5%
4.9%
4.6%
4.1%
2.6%
3.3%
6.6%
3.2%
4.2%
0.9%
1.3%
3.0%
3.7%
3.8%
0.2%
3.3%
7.4%
4.4%
3.8%
5.4%
-1.2%

8.4%
9.1%
7.2%
11.5%
9.7%
7.2%
9.4%
14.3%
6.0%
7.8%
7.2%
6.2%
9.5%
8.2%
9.2%
5.4%
8.1%
17.5%
10.3%
9.3%
13.3%
3.5%

10.6%
12.0%
7.0%
14.0%
12.0%
10.1%
12.4%
16.8%
7.9%
8.9%
10.7%
10.7%
10.2%
10.9%
11.7%
8.3%
5.6%
20.1%
14.1%
12.7%
17.2%
7.1%

14.1%
16.5%
5.7%
19.6%
18.3%
14.7%
17.9%
16.9%
8.6%
11.8%
15.2%
14.7%
14.9%
17.3%
14.9%
11.3%
3.7%
20.7%
20.7%
20.3%
24.4%
7.0%

21.4%
24.8%
1.8%
25.8%
23.9%
25.4%
25.7%
23.5%
8.5%
18.2%
22.6%
14.0%
15.7%
21.0%
21.7%
11.4%
-0.7%
28.1%
36.9%
30.8%
55.7%
3.0%

64.4%
72.5%
23.2%
72.0%
68.4%
72.5%
66.5%
69.4%
36.9%
62.4%
59.4%
49.8%
52.3%
55.7%
80.7%
38.3%
18.9%
72.6%
99.5%
86.6%
97.2%
15.0%

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

$920,000
$1,159,600
$630,100
$940,900
$1,192,500
$1,206,200
$888,200
$765,000
$518,400
$818,700
$1,188,500
$572,900
$680,400
$1,027,800
$1,186,100
$607,300
$377,600
$913,500
$1,136,000
$2,695,100
$2,394,100
$1,047,500

195.4
213.9
136.6
210.4
230.6
230.9
196.8
184.6
147.7
203.1
189.2
161.5
181.5
189.8
237.9
161.4
132.3
196.7
251.1
276.7
227.6
145.0

1.5%
1.6%
2.6%
3.0%
1.9%
0.6%
1.5%
1.5%
1.6%
2.8%
1.1%
1.3%
1.0%
0.2%
1.8%
1.4%
0.4%
2.4%
1.8%
1.6%
1.5%
2.2%

4.7%
5.0%
4.9%
7.7%
6.5%
3.8%
5.1%
7.3%
3.9%
6.6%
1.8%
3.4%
5.2%
3.7%
5.2%
2.3%
3.4%
7.7%
6.1%
5.5%
4.5%
2.3%

11.4%
13.0%
7.2%
19.1%
15.3%
12.8%
12.7%
16.5%
7.9%
17.4%
11.6%
8.5%
14.7%
10.7%
12.9%
8.0%
8.2%
19.9%
14.7%
12.1%
14.2%
6.9%

15.1%
17.5%
7.0%
21.4%
21.9%
17.9%
17.0%
20.0%
9.0%
19.9%
16.3%
10.6%
16.5%
13.6%
18.8%
10.5%
5.6%
22.8%
21.4%
17.9%
18.2%
9.1%

19.8%
22.8%
5.7%
24.7%
30.9%
19.6%
24.2%
20.0%
12.2%
21.6%
24.1%
15.9%
21.3%
20.7%
21.1%
18.7%
3.5%
25.4%
32.3%
27.2%
26.2%
18.8%

34.0%
40.7%
1.8%
42.9%
48.9%
52.0%
38.3%
28.1%
13.4%
36.7%
36.4%
15.7%
29.2%
34.1%
38.9%
26.7%
-1.3%
37.1%
61.1%
52.4%
64.7%
16.7%

83.8%
101.0%
23.2%
95.0%
115.9%
117.8%
87.1%
75.1%
42.3%
89.1%
78.2%
55.4%
72.7%
80.4%
122.8%
47.5%
18.2%
81.5%
135.6%
160.5%
110.0%
36.3%

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 14

August 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

$422,700
$511,500
$445,000
$435,200
$440,900
$420,000
$505,200
$289,600
$438,200
$655,500
$367,700
$403,500
$457,200
$555,600
$378,000
$493,200
$566,300
$811,200
$517,900

153.0
165.3
159.6
162.3
158.2
154.3
167.4
140.7
164.6
156.9
159.1
153.0
154.5
179.6
137.2
163.0
186.7
183.5
138.5

0.3%
0.0%
-2.1%
-1.2%
0.4%
0.4%
-0.1%
-0.8%
-2.0%
0.9%
1.7%
0.5%
0.7%
0.7%
-1.1%
-1.3%
-0.8%
0.3%
-1.6%

1.7%
2.1%
0.8%
0.9%
1.7%
1.7%
3.4%
4.0%
1.0%
3.5%
2.2%
1.0%
3.2%
2.9%
-0.5%
2.6%
1.0%
2.3%
-0.6%

5.1%
6.2%
2.8%
8.6%
6.7%
2.6%
9.6%
3.3%
5.2%
7.0%
11.8%
6.6%
4.2%
6.1%
5.9%
8.7%
7.1%
6.6%
4.8%

5.6%
7.3%
4.2%
6.7%
4.3%
7.8%
9.5%
6.3%
6.3%
8.4%
12.7%
4.3%
8.4%
8.6%
2.0%
10.8%
4.2%
9.0%
3.7%

6.6%
10.4%
6.0%
9.7%
5.9%
9.9%
12.4%
5.7%
12.5%
11.1%
14.4%
10.4%
12.0%
10.6%
6.6%
9.5%
10.5%
17.8%
7.9%

8.3%
13.5%
10.8%
8.2%
8.9%
11.6%
18.5%
2.6%
15.9%
11.4%
15.0%
8.7%
11.9%
16.0%
8.6%
15.0%
18.4%
23.7%
18.9%

44.7%
55.6%
50.9%
50.1%
50.2%
44.9%
57.8%
32.6%
54.8%
47.3%
50.9%
43.1%
42.8%
70.9%
35.8%
53.6%
69.1%
72.3%
37.0%

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

$364,000
$405,400
$443,400
$362,200
$412,900
$274,700
$352,500
$169,300
$292,900
$365,400
$252,600
$238,900
$367,400
$361,200
$270,600
$363,300
$331,400
$542,200
$688,400
$264,500

158.9
163.0
168.3
153.1
165.8
151.2
167.1
122.3
166.8
148.7
149.3
141.6
153.1
152.5
130.3
153.2
182.8
175.5
150.4
86.7

0.9%
1.1%
2.6%
0.9%
0.5%
0.8%
1.8%
0.2%
0.6%
-0.9%
1.2%
0.6%
0.8%
0.0%
-0.6%
1.5%
0.3%
2.3%
3.5%
-1.0%

1.9%
2.1%
1.4%
2.6%
1.4%
0.5%
7.2%
-2.5%
3.4%
-1.2%
-2.2%
1.2%
3.7%
1.0%
-1.6%
6.9%
2.8%
3.1%
11.2%
-3.6%

4.5%
4.9%
3.9%
4.0%
3.0%
6.0%
11.1%
-1.2%
4.1%
0.8%
-0.3%
3.6%
7.3%
3.8%
-0.8%
11.2%
4.0%
7.4%
4.2%
0.5%

5.2%
6.3%
8.1%
3.9%
5.5%
5.8%
12.8%
3.2%
4.6%
3.3%
8.3%
5.8%
8.0%
1.5%
19.3%
13.1%
5.7%
9.3%
8.6%
18.1%

7.4%
9.9%
29.9%
9.7%
12.4%
8.5%
9.6%
-7.6%
7.4%
3.1%
14.2%
8.6%
14.3%
5.8%
2.8%
7.5%
7.8%
15.2%
12.2%
10.2%

9.0%
11.3%
9.2%
10.0%
13.5%
9.6%
11.9%
-7.3%
11.3%
7.5%
12.3%
2.8%
14.1%
2.0%
-10.4%
3.9%
12.2%
18.9%
13.3%
-21.6%

45.9%
49.5%
50.9%
42.6%
52.7%
42.0%
60.5%
15.8%
53.2%
38.1%
41.4%
32.2%
42.7%
41.7%
25.0%
47.2%
63.9%
58.7%
39.4%
-18.2%

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.
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 14

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

Jun 2014
Apr 2014
Feb 2014
Dec 2013

Townhouse

Aug 2013
Jun 2013
Apr 2013
Feb 2013

Detached

Dec 2012
Oct 2012
Aug 2012
Jun 2012

Residential

Apr 2012
Feb 2012
Dec 2011
Oct 2011
Aug 2011
Jun 2011
Apr 2011
Feb 2011
Dec 2010
Oct 2010
60

80

100

120

140

160
Price
Index

180

200

220

Aug 2010
240

Jan 2005 HPI = 100

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

Greater Vancouver
5 Year Trend

Oct 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

$517,500

$372,000

Attached

Apartment

534

Attached

$1,000,000

796

Detached

Detached

$390,000

Apartment

1,209

$530,450

Apartment

$1,233,500

734

Attached

Attached

1,164

Detached

Detached

$366,600

Apartment

1,560

$535,000

Apartment

$1,049,000

Attached

64

Attached

Detached

110

Detached

167

$390,000

Apartment

Apartment

$537,500

116

Attached

$1,327,500

153

Detached

Attached

$407,000

Apartment

Detached

$520,000

Attached

238

$1,261,090

Detached

Apartment

215

75

Attached

Apartment

124

Detached

Coquit
lam
$290,000

$478,800

$768,000

524

354

921

$322,000

$506,000

$878,000

776

413

1,142

$300,000

$449,900

$820,000

73

43

111

$322,900

$493,000

$893,000

103

57

198

$331,250

$547,450

$920,000

92

58

104

Delta South
$332,500

$448,500

$700,000

121

52

421

$359,500

$500,625

$840,000

175

83

487

n/a

n/a

$753,000

17

57

$392,200

n/a

$915,000

20

68

$395,000

n/a

$885,000

23

15

43

Islands
- Gulf
n/a

n/a

$370,000

33

n/a

n/a

$392,500

36

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$217,000

$302,000

$495,000

240

332

916

$210,136

$318,450

$544,250

255

478

1,236

$202,250

$312,900

$504,000

22

42

103

$192,500

$319,816

$549,450

43

74

159

$220,000

$317,500

$594,250

25

63
85

11

32

$307,500

$429,900

$703,500

542

66

242

$308,000

$454,400

$811,500

722

108

268

$307,000

n/a

$721,500

69

29

$307,000

n/a

$854,000

95

13

38

$323,000

n/a

$837,500

Maple
R
id
g
e/Pitt M
eadow
s
151

$380,000

$665,000

$1,074,500

599

268

914

$407,000

$680,000

$1,285,000

868

382

1,064

$400,000

$699,000

$1,080,000

77

21

99

$384,500

$698,000

$1,300,000

128

39

116

$432,950

$749,250

$1,356,000

96

28

95

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. Aug. 2014

Year-to-date

Jan. Aug. 2015

August
2014

July
2015

August
2015

Number
of
Sales

August
2015

2015

Port C
oquitla
m
$242,000

$389,000

$568,500

237

235

346

$244,961

$418,750

$650,000

367

266

424

$240,550

$394,000

$585,000

29

32

44

$233,450

$414,950

$673,000

56

42

64

$267,400

$459,500

$665,000

41

42

53

$355,875

$435,000

$880,000

194

168

186

$385,000

$424,800

$968,000

218

139

233

n/a

n/a

$862,750

18

15

22

$389,000

n/a

$990,000

39

14

27

$408,500

n/a

$1,050,000

30

16
178

94

181

Richm
ond
$350,000

$533,000

$1,015,000

1,000

720

1,139

$350,000

$565,000

$1,198,000

1,352

905

1,625

$349,000

$551,000

$1,155,000

121

110

132

$348,000

$589,950

$1,320,000

188

132

218

$352,000

$593,500

$1,310,000

Port M
oody/B
elcarra
29

$219,700

$360,000

$536,750

68

105

188

$255,000

$418,950

$650,000

109

162

234

n/a

n/a

$530,000

10

16

22

n/a

n/a

$677,000

15

18

30

n/a

n/a

$715,000

16

24

Squam
ish

22

$249,985

$239,950

$374,087

50

31

376

$226,597

$279,500

$400,000

56

56

488

n/a

n/a

$344,000

54

n/a

n/a

$430,000

81

n/a

n/a

$407,568

62

Sunsh
ine Co
ast

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$346,000

$657,125

$957,000

984

348

1,224

$375,000

$718,000

$1,199,000

1,285

390

1,384

$355,000

$699,900

$954,800

108

32

154

$350,000

$730,000

$1,280,000

175

63

149

$400,000

$740,000

$1,293,500

127

37

138

Vanco
uver W
est
$488,000

$865,000

$2,336,500

2,945

449

1,241

$525,000

$921,500

$2,750,000

3,778

644

1,445

$477,900

$890,000

$2,400,000

369

58

126

$534,300

$920,500

$2,900,000

574

76

155

$551,500

$940,000

$2,870,000

526

76

148

$763,000

$1,128,000

$2,080,000

118

51

561

$782,000

$1,085,000

$2,370,000

135

79

738

n/a

n/a

$1,928,750

13

72

n/a

n/a

$2,500,000

17

80

n/a

n/a

$2,500,000

13

83

n/a

28

39

19

$247,500

$580,000

$1,134,500

164

190

103

$269,950

$567,500

$1,166,500

200

194

127

$260,250

$620,000

n/a

24

31

15

$294,500

$685,000

n/a

29

21

16

$233,750

$525,000

Sound
Wes
t
V
a
n
couve
r/Howe

MLS SALES Facts

Whistl
er/Pem
berton
n/a

8,995

3,903

9,607

n/a

11,856

5,033

12,095

n/a

1,126

487

1,158

n/a

1,729

690

1,559

n/a

1,494

578

1,290

% 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

84%

89%

177

92

Attached

Apartment

Detached

Attached

50%

61%

56%

Apartment

880

Attached

Attached

1,599

Detached

Detached

62%

Apartment

2,172

75%

Apartment

70%

979

Attached

Attached

1,658

Detached

Detached

68%

Apartment

2,510

76%

Apartment

81%

Attached

Attached

84

Detached

Detached

136

Apartment

246

63%

Attached

Apartment

86%

126%

Detached

380

73%

Detached

Apartment

242

89

Attached

Apartment

171

Detached

Coquit
lam
49%

70%

63%

1,061

508

1,469

61%

77%

77%

1,270

539

1,477

83%

77%

80%

88

56

138

66%

97%

104%

155

59

190

71%

74%

77%

130

78

135

Delta South
61%

63%

63%

200

82

663

76%

89%

84%

229

93

578

85%

100%

110%

20

52

71%

80%

97%

28

10

70

82%

188%

80%

28

54

Islands
- Gulf
n/a

0%

27%

121

n/a

0%

44%

82

n/a

n/a

57%

14

n/a

n/a

47%

15

n/a

n/a

133%

50%

61%

56%

478

545

1,625

52%

74%

77%

494

642

1,598

55%

91%

61%

40

46

168

88%

75%

91%

49

99

174

57%

117%

87%

44

54

174

Maple
R
id
g
e/Pitt M
eadow
s
48%

55%

66%

1,141

119

367

59%

67%

79%

1,219

161

340

66%

50%

145%

104

10

20

73%

57%

84%

131

23

45

69%

69%

74%

124

16

43

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

Year-to-date*

Jan. Aug. 2014

Year-to-date*

Jan. Aug. 2015

August
2014

July
2015

August
2015

Number
of
Listings

August
2015

2015

North
Vanco
uver
44%

63%

66%

1,362

425

1,391

65%

85%

77%

1,345

451

1,382

66%

75%

96%

116

28

103

82%

108%

107%

157

36

108

77%

93%

98%

124

30

97

Port C
oquitla
m
43%

66%

76%

545

354

456

59%

76%

83%

620

349

511

63%

86%

86%

46

37

51

77%

81%

90%

73

52

71

93%

111%

113%

44

38

47

Port M
oody/B
elcarra
61%

80%

57%

317

209

329

68%

87%

68%

322

159

342

62%

136%

61%

29

11

36

91%

100%

63%

43

14

43

103%

133%

78%

29

12

37

Richm
ond
44%

60%

50%

2,296

1,209

2,262

53%

80%

69%

2,536

1,128

2,362

45%

81%

65%

266

136

204

57%

102%

73%

329

129

297

61%

82%

69%

291

115

263

Squam
ish
62%

66%

62%

110

158

305

76%

80%

77%

144

203

303

50%

76%

96%

20

21

23

71%

78%

75%

21

23

40

56%

73%

83%

16

22

29

44%

38%

40%

113

81

950

78%

61%

56%

72

92

871

90%

88%

66%

10

82

225%

40%

83%

20

98

55%

57%

70%

11

89

Sunsh
ine Co
ast

22

57%

65%

64%

1,740

539

1,907

70%

76%

69%

1,823

513

2,007

64%

89%

71%

168

36

216

91%

109%

62%

192

58

239

64%

63%

57%

200

59

241

Vanco
uver E
ast

Burnab

er
New W
estmin
st

Vanco
uver W
est
54%

52%

50%

5,473

867

2,502

69%

71%

61%

5,511

912

2,378

68%

73%

60%

540

80

210

84%

87%

55%

687

87

280

98%

88%

68%

537

86

217

Sound
44%

49%

43%

269

104

1,298

51%

76%

50%

265

104

1,476

45%

45%

71%

29

11

101

46%

100%

53%

37

152

42%

100%

68%

31

122

Wes
t
V
a
n
couve
r/Howe

MLS LISTINGS Facts

56%

69%

43%

294

277

242

66%

72%

52%

301

268

244

83%

94%

47%

29

33

32

81%

53%

40%

36

40

40

85%

111%

86%

33

35

22

Whistl
er/Pem
berton
n/a

17,571

6,359

17,486

n/a

18,661

6,594

17,609

n/a

1,751

603

1,586

n/a

2,322

751

2,039

n/a

1,884

653

1,744

Listing & Sales Activity Summary


Listings

Sales

1
Aug
2014

2
Jul
2015

3
Aug
2015

5
Aug
2014

6
Jul
2015

7
Aug
2015

136
84
246

177
92
380

171
89
242

-3.4
-3.3
-36.3

110
64
167

153
116
238

124
75
215

-19.0
-35.3
-9.7

335
242
511

454
287
697

35.5
18.6
36.4

138
56
88

190
59
155

135
78
130

-28.9
32.2
-16.1

111
43
73

198
57
103

104
58
92

-47.5
1.8
-10.7

378
149
214

501
171
325

32.5
14.8
51.9

52
6
20

70
10
28

54
8
28

-22.9
-20.0
0.0

57
6
17

68
8
20

43
15
23

-36.8
87.5
15.0

190
16
45

186
32
69

-2.1
100.0
53.3

168
46
40

174
99
49

174
54
44

0.0
-45.5
-10.2

103
42
22

159
74
43

151
63
25

-5.0
-14.9
-41.9

395
138
87

497
208
113

25.8
50.7
29.9

103
28
116

108
36
157

97
30
124

-10.2
-16.7
-21.0

99
21
77

116
39
128

95
28
96

-18.1
-28.2
-25.0

346
105
246

367
128
344

6.1
21.9
39.8

20
10
104

45
23
131

43
16
124

-4.4
-30.4
-5.3

29
5
69

38
13
95

32
11
85

-15.8
-15.4
-10.5

109
18
223

116
37
289

6.4
105.6
29.6

36
11
29

43
14
43

37
12
29

-14.0
-14.3
-32.6

22
15
18

27
14
39

29
16
30

7.4
14.3
-23.1

86
62
68

89
55
106

3.5
-11.3
55.9

51
37
46

71
52
73

47
38
44

-33.8
-26.9
-39.7

44
32
29

64
42
56

53
42
41

-17.2
0.0
-26.8

137
97
103

195
118
152

42.3
21.6
47.6

204
136
266

297
129
329

263
115
291

-11.4
-10.9
-11.6

132
110
121

218
132
188

181
94
178

-17.0
-28.8
-5.3

457
320
412

637
343
556

39.4
7.2
35.0

82
8
10

98
20
4

89
7
11

-9.2
-65.0
175.0

54
7
9

81
8
9

62
4
6

-23.5
-50.0
-33.3

176
15
20

249
20
24

41.5
33.3
20.0

23
21
20

40
23
21

29
22
16

-27.5
-4.3
-23.8

22
16
10

30
18
15

24
16
9

-20.0
-11.1
-40.0

83
55
27

96
61
42

15.7
10.9
55.6

216
36
168

239
58
192

241
59
200

0.8
1.7
4.2

154
32
108

149
63
175

138
37
127

-7.4
-41.3
-27.4

501
132
390

508
145
501

1.4
9.8
28.5

210
80
540

280
87
687

217
86
537

-22.5
-1.1
-21.8

126
58
369

155
76
574

148
76
526

-4.5
0.0
-8.4

444
197
1194

539
240
1657

21.4
21.8
38.8

32
33
29

40
40
36

22
35
33

-45.0
-12.5
-8.3

15
31
24

16
21
29

19
39
28

18.8
85.7
-3.4

51
85
55

52
78
76

2.0
-8.2
38.2

101
11
29

152
9
37

122
4
31

-19.7
-55.6
-16.2

72
5
13

80
9
17

83
4
13

3.8
-55.6
-23.5

235
19
51

265
26
46

12.8
36.8
-9.8

1572
603
1751

2024
751
2322

1741
653
1884

-14.0
-13.0
-18.9

1150
487
1126

1552
690
1729

1286
578
1494

-17.1
-16.2
-13.6

3923
1650
3646

4751
1949
4997

21.1
18.1
37.1

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

Col. 6 & 7
Percentage
Variance

9
Jun 2014 Aug 2014

10
Jun 2015 Aug 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

$521,666

$615,557

$1,474,475

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 August 2015