News Release

FOR IMMEDIATE RELEASE

Greater Vancouver housing market trends near long-term

averages as spring market approaches
VANCOUVER, B.C. March 2, 2012 Closer alignment between home buyer and seller activity helped bring
greater balance to the Greater Vancouver housing market in February.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver
reached 2,545 on the MLS system in February 2012. This represents a 61.4 per cent increase compared to the 1,577
sales recorded in January 2012, a decline of 17.8 per cent compared to the 3,097 sales in February 2011 and a 2.9 per
cent increase from the 2,473 home sales in February 2010.
February sales in Greater Vancouver were the third lowest February total in the region since 2002, though only 151
sales below the 10-year average.
With a sales-to-active-listings ratio of over 18 per cent, we see fairly balanced conditions in our marketplace as we
move into the traditionally busier spring season, Rosario Setticasi, REBGV president said.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,552 in February 2012.
This represents a 2.5 per cent decline compared to February 2011 when 5,693 properties were listed, and a 3.5 per cent
decline compared to January 2012 when 5,756 homes were added to the MLS in Greater Vancouver.
Last months new listing count was the second highest February total in Greater Vancouver since 1996.
At 14,055, the total number of residential property listings on the MLS increased 12 per cent in February compared to last month and increased 17.9 per cent from this time last year.
Region-wide weve seen relative stability in home prices over the last six months, but its important to do your
homework and consult your REALTOR because pricing can vary considerably depending on the neighbourhood and
property type, Setticasi said.
The MLS HPI benchmark price for all residential properties in Greater Vancouver currently sits at $670,900, up 6
per cent compared to February 2011 and an increase of 0.9 per cent compared to January 2012. The benchmark price
for all residential properties in the Lower Mainland is $601,300, an increase of 5.5 per cent compared to February 2011.
Sales of detached properties on the MLS in February 2012 reached 1,101, a decline of 21.5 per cent from the
1,402 detached sales recorded in February 2011, and a 12 per cent increase from the 983 units sold in February 2010.
The benchmark price for detached properties increased 10.5 per cent from February 2011 to $1,042,900.
Sales of apartment properties reached 1,020 in February 2012, a decline of 15.4 per cent compared to the 1,206
sales in February 2011, and a decrease of 5 per cent compared to the 1,074 sales in February 2010. The benchmark
price of an apartment property increased 2.8 per cent from February 2011 to $373,300.
Townhome property sales in February 2012 totalled 424, a decline of 13.3 per cent compared to the 489 sales in
February 2011, and a 1.9 per cent increase from the 416 townhome properties sold in February 2010. The benchmark
price of a townhome unit increased 0.7 per cent between February 2011 and 2012 to $472,800.
-30The real estate industry is a key economic driver in British Columbia. In 2011, 32,390 homes changed ownership in the Boards 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 2011. The Real Estate Board of Greater Vancouver is an association representing 11,000 REALTORS and their companies.
The Board provides a variety of member services, including the Multiple Listing Service.For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR or visit www.rebgv.org.

For more information please contact:

Craig Munn, Assistant Manager, Communications
Real Estate Board of Greater Vancouver
Phone: (604) 730-3146 Fax: (604) 730-3102
E-mail: cmunn@rebgv.org

also available at www.realtylink.org

February 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

$601,300
$670,900
$577,800
$589,600
$542,200
$572,900
$505,100
$543,000
$389,700
$376,900
$673,100
$379,300
$402,400
$491,200
$633,300
$393,100
$348,500
$613,800
$608,500
$949,500
$1,657,500
$516,200

154.1
160.1
125.8
154.0
154.8
160.8
146.4
151.8
131.7
155.4
146.4
136.8
141.8
136.3
173.1
123.6
121.7
150.6
175.9
172.1
167.4
154.4

0.9%
0.9%
3.1%
0.3%
0.3%
0.7%
1.4%
3.4%
-0.2%
1.0%
1.2%
0.7%
-0.1%
1.6%
1.1%
0.1%
-3.5%
4.2%
1.7%
0.5%
2.7%
1.5%

0.5%
0.6%
-0.6%
1.7%
0.0%
-1.0%
0.3%
1.7%
0.1%
-0.3%
3.0%
-1.4%
-0.2%
1.9%
2.2%
2.5%
-3.6%
0.8%
0.5%
-0.2%
1.3%
6.6%

-0.2%
-0.3%
-6.4%
0.5%
-1.2%
-2.8%
-0.9%
-0.1%
-2.2%
-0.8%
3.0%
-0.7%
-1.5%
-1.2%
0.5%
-2.8%
-10.5%
-0.8%
1.1%
-0.2%
1.1%
-4.6%

5.5%
6.0%
4.4%
4.7%
4.2%
5.3%
3.6%
7.7%
0.6%
4.2%
7.6%
-0.3%
1.6%
0.6%
4.8%
3.3%
-2.3%
11.1%
8.4%
8.3%
16.8%
9.3%

19.2%
23.8%
3.6%
19.3%
20.3%
23.8%
15.5%
17.2%
5.4%
15.5%
20.4%
6.9%
9.2%
8.3%
30.7%
-3.1%
-1.6%
18.0%
28.8%
32.9%
39.4%
19.7%

16.8%
22.0%
-0.6%
16.9%
18.2%
23.6%
11.8%
20.4%
2.4%
13.8%
15.9%
3.8%
6.9%
4.7%
32.4%
4.0%
-5.1%
18.7%
30.4%
29.3%
28.5%
30.8%

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

$853,500
$1,042,900
$577,800
$729,600
$903,400
$938,400
$691,400
$633,300
$467,500
$660,700
$961,200
$509,700
$546,100
$799,000
$1,026,100
$502,300
$347,700
$715,500
$832,400
$2,217,900
$1,886,100
$826,800

162.0
174.4
125.8
165.6
175.8
181.8
152.6
152.1
131.3
166.4
151.9
141.3
145.8
150.4
205.2
134.6
121.4
153.9
184.5
226.5
175.3
125.3

1.3%
1.5%
3.0%
1.7%
-0.2%
0.6%
1.3%
3.3%
0.1%
1.5%
1.1%
0.1%
0.3%
2.6%
2.3%
-1.5%
-3.5%
4.1%
1.5%
2.2%
2.9%
-1.2%

0.7%
0.8%
-0.6%
3.6%
1.4%
-1.5%
0.2%
1.7%
1.6%
3.0%
2.6%
-0.1%
0.0%
2.0%
2.1%
0.1%
-4.0%
1.8%
0.6%
-0.5%
2.8%
-5.4%

0.6%
0.4%
-6.4%
2.3%
0.4%
-0.8%
-0.1%
0.0%
-1.5%
1.6%
4.7%
2.4%
-0.5%
-1.4%
0.6%
0.1%
-10.7%
0.1%
1.9%
0.4%
1.8%
-5.4%

9.0%
10.5%
4.4%
9.6%
12.1%
13.1%
6.8%
8.6%
2.7%
6.7%
11.5%
5.1%
5.6%
5.5%
6.0%
12.9%
-2.7%
13.3%
12.6%
17.8%
18.8%
6.3%

27.8%
36.4%
3.6%
32.4%
36.0%
43.3%
20.7%
18.4%
7.9%
31.2%
26.7%
14.5%
16.8%
17.9%
51.2%
10.4%
-1.9%
23.9%
40.6%
66.2%
46.8%
2.5%

24.9%
35.0%
-0.6%
30.2%
36.0%
41.0%
18.3%
21.4%
4.5%
30.6%
22.3%
10.1%
13.9%
16.2%
56.3%
11.5%
-5.4%
21.3%
41.2%
67.7%
34.9%
3.7%

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.

In January 2005, the indexes are set to 100

Key: ** = Sales sample too small; Price information not reported.
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 2

February 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

$409,200
$472,800
$423,400
$427,500
$429,400
$380,400
$466,400
$270,600
$398,800
$597,400
$316,800
$374,900
$404,700
$498,600
$303,500
$488,100
$512,500
$682,200
$441,700

142.8
148.9
147.1
154.8
150.8
138.1
152.1
131.7
147.5
142.7
136.5
143.6
134.4
161.0
111.4
146.6
166.1
151.6
126.5

0.2%
0.2%
-0.1%
0.1%
-0.2%
0.7%
2.2%
-1.5%
3.5%
1.2%
1.3%
1.8%
0.3%
-0.7%
1.5%
2.7%
0.9%
0.3%
2.9%

-1.0%
-1.1%
0.8%
-1.5%
-0.1%
1.6%
4.7%
-3.4%
0.8%
0.4%
-1.4%
1.6%
-1.2%
-2.2%
5.9%
-1.3%
-2.3%
-3.2%
10.0%

-2.2%
-2.6%
-1.0%
-4.1%
-2.3%
-3.0%
0.5%
-5.5%
0.3%
2.3%
-3.9%
1.0%
-4.9%
-2.7%
-10.2%
-5.7%
-0.2%
-3.2%
-8.1%

0.9%
0.7%
0.5%
-1.3%
0.3%
1.2%
2.6%
-3.6%
1.4%
6.4%
-4.6%
1.1%
-4.0%
0.9%
-5.9%
-4.1%
6.3%
2.2%
-3.8%

11.1%
15.2%
12.0%
20.2%
17.4%
9.4%
19.5%
1.0%
16.2%
16.6%
3.6%
11.0%
5.5%
22.1%
-13.2%
15.2%
21.7%
20.9%
-1.5%

9.9%
15.0%
12.9%
18.2%
18.6%
6.5%
18.2%
-0.6%
14.6%
13.4%
3.6%
8.3%
2.7%
24.9%
-4.8%
13.9%
21.2%
19.2%
8.1%

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

$346,200
$373,300
$357,600
$343,200
$377,200
$256,700
$310,400
$183,400
$272,000
$346,800
$222,000
$227,900
$308,200
$357,800
$233,300
$338,600
$306,300
$470,500
$621,600
$243,000

148.8
150.2
135.7
140.6
151.8
140.4
149.7
133.8
152.5
140.4
129.4
134.5
127.6
151.2
111.6
140.9
167.4
153.3
134.8
227.3

0.7%
0.6%
-0.7%
0.7%
1.0%
1.9%
1.6%
0.9%
0.6%
1.7%
0.9%
-2.5%
1.4%
1.0%
3.3%
1.9%
2.5%
-0.5%
2.3%
2.6%

0.9%
0.8%
-1.5%
-0.7%
-2.0%
-0.2%
-0.7%
-1.4%
-1.6%
4.6%
-3.4%
-2.3%
4.3%
5.2%
11.8%
-1.9%
1.5%
0.1%
-4.0%
8.6%

-0.5%
-0.5%
-2.0%
-1.7%
-5.4%
-1.3%
-0.8%
0.4%
-1.8%
0.7%
-1.7%
-5.0%
2.0%
2.6%
-0.9%
-2.6%
0.8%
-0.4%
-1.5%
-6.5%

2.5%
2.8%
-2.7%
0.1%
0.8%
-0.5%
9.7%
-2.6%
3.5%
2.7%
-4.2%
-3.4%
-0.4%
5.2%
-8.1%
7.9%
3.3%
3.5%
6.2%
18.3%

12.0%
14.8%
-1.0%
9.8%
14.9%
10.3%
10.0%
1.6%
10.7%
14.1%
-1.7%
-1.6%
3.5%
16.3%
-18.8%
3.5%
16.2%
19.9%
10.1%
65.3%

9.6%
12.2%
-5.3%
6.2%
15.2%
4.2%
18.3%
-3.6%
8.9%
9.3%
-6.8%
-3.2%
-2.1%
15.1%
-4.2%
11.4%
19.0%
15.1%
2.4%
95.1%

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.

In January 2005, the indexes are set to 100

Key: ** = Sales sample too small; Price information not reported.
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 2

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

Dec 2010
Oct 2010
Aug 2010
Jun 2010

Townhouse

Dec 2009
Oct 2009
Aug 2009

Detached

Jun 2009
Apr 2009
Feb 2009
Dec 2008

Residential

Oct 2008
Aug 2008
Jun 2008
Apr 2008
Feb 2008
Dec 2007
Oct 2007
Aug 2007
Jun 2007
Apr 2007
90

100

110

120

130

140

150

160

170

Feb 2007
180

Jan 2005 HPI = 100

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

Feb 2010

Price Index

Greater Vancouver
5 Year Trend

Apr 2010

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

$831,000

$499,000

$345,000

Apartment

114

Attached

Attached

181

Detached

Detached

$380,500

Apartment

271

$470,000

Apartment

$915,290

102

Attached

Attached

164

Detached

Detached

$329,500

Apartment

201

$494,500

Apartment

$842,000

Attached

74

Attached

Detached

105

Detached

160

$350,500

Apartment

$470,000

Apartment

40

Attached

Attached

59

Detached

$920,000

$390,000

Apartment

Detached

$482,000

Attached

67

$910,580

Detached

Apartment

134

62

Attached

Apartment

105

Detached

Coquit
lam
$280,000

$469,950

$688,000

100

88

173

$294,457

$458,000

$732,800

118

57

201

$281,750

$448,700

$688,500

61

50

108

$291,000

$437,500

$727,900

49

22

74

$299,900

$471,800

$735,000

69

35

127

Delta South
$328,000

n/a

$622,000

21

10

103

n/a

n/a

$716,000

14

12

55

n/a

n/a

$626,000

17

73

n/a

n/a

n/a

17

n/a

n/a

$677,500

38

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

$218,631

$297,582

$469,900

35

58

172

$231,000

$295,500

$471,000

44

63

155

$227,900

$294,857

$469,900

25

32

106

$226,000

$301,500

$470,000

25

26

53

n/a

$293,000

$473,900

19

37
69

31

$300,000

n/a

$578,920

126

16

42

$296,750

n/a

$684,000

121

14

44

$292,000

n/a

$576,756

81

30

$292,700

n/a

n/a

52

13

$297,500

n/a

$680,000

Maple
R
id
g
e/Pitt M
eadow
s
102

$355,900

$599,500

$901,500

119

58

157

$375,650

$702,000

$982,500

130

50

160

$360,000

$639,000

$903,800

85

36

111

$392,500

$714,500

$938,000

48

26

57

$370,000

$678,125

$1,002,000

82

24

103

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. 2011

Year-to-date

Jan. Feb. 2012

February
2011

January
2012

February
2012

Number
of
Sales

February
2012

2012

Port C
oquitla
m
$233,500

$380,000

$530,000

32

37

62

$241,500

$390,000

$530,000

45

35

49

n/a

$373,000

$532,500

19

20

40

n/a

n/a

$522,000

18

14

23

$253,000

$390,000

$531,750

27

21

26

$351,500

$413,750

$750,000

40

36

25

$315,000

$421,000

$700,000

39

31

37

$349,000

$425,000

n/a

27

21

18

n/a

n/a

n/a

15

14

$295,500

$430,750

$670,000

24

22
125

80

119

Richm
ond
$345,000

$527,500

$1,028,000

305

174

413

$331,000

$518,000

$994,000

197

132

208

$347,951

$537,400

$1,030,000

181

100

251

$330,000

$508,500

$978,888

72

52

89

$339,500

$535,000

$1,015,000

Port M
oody/B
elcarra
23

n/a

n/a

$425,000

20

n/a

n/a

$469,750

10

26

n/a

n/a

n/a

15

n/a

n/a

n/a

13

n/a

n/a

n/a

13

Squam
ish

19

n/a

n/a

$384,000

55

n/a

n/a

$355,000

55

n/a

n/a

$366,000

39

n/a

n/a

$362,950

22

n/a

n/a

$355,000

33

Sunsh
ine Co
ast

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$335,500

$595,000

$775,500

190

57

264

$344,000

$589,800

$854,000

170

53

218

$338,500

$571,000

$798,000

116

38

165

$333,000

n/a

$851,000

68

14

93

$350,450

$621,000

$860,000

102

39

125

Vanco
uver W
est
$482,500

$870,000

$2,060,000

630

113

376

$482,250

$810,000

$2,172,000

534

73

263

$486,000

$875,000

$2,089,000

404

77

242

$460,000

$843,250

$2,095,000

211

26

86

$499,250

$810,000

$2,295,665

323

47

177

$703,000

n/a

$1,500,000

26

138

$637,000

n/a

$2,000,000

27

13

107

n/a

n/a

$1,519,444

18

92

n/a

n/a

$2,071,080

10

39

n/a

n/a

$1,925,000

17

10

68

n/a

21

31

16

n/a

n/a

n/a

10

n/a

n/a

n/a

14

14

n/a

n/a

n/a

17

10

n/a

n/a

n/a

13

17

$215,000

$488,000

Sound
Wes
t
V
a
n
couve
r/Howe

MLS SALES Facts

Whistl
er/Pem
berton
n/a

1,919

802

2,195

n/a

1,677

685

1,760

n/a

1,206

489

1,402

n/a

657

261

659

n/a

1,020

424

1,101

% 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

58%

46%

50%

Attached

Apartment

246

Attached

Detached

312

Detached

542

33%

Apartment

Apartment

39%

Attached

261

Attached

43%

379

Detached

Detached

56%

Apartment

612

57%

Apartment

56%

Attached

130

Attached

Detached

188

Detached

286

22%

Apartment

Apartment

33%

120

Attached

33%

181

Detached

Attached

44%

Apartment

Detached

44%

Attached

307

53%

Detached

Apartment

305

141

Attached

Apartment

198

Detached

Coquit
lam
36%

54%

49%

275

164

350

36%

39%

52%

330

146

387

40%

54%

57%

153

92

189

36%

27%

43%

135

81

171

35%

54%

59%

195

65

216

Delta South
64%

45%

59%

33

22

175

24%

57%

38%

58

21

145

100%

88%

72%

17

101

14%

23%

24%

36

13

70

41%

113%

51%

22

75

Islands
- Gulf
0%

n/a

22%

23

n/a

100%

25%

n/a

n/a

23%

13

n/a

100%

20%

n/a

n/a

33%

28%

36%

44%

126

160

389

39%

48%

33%

112

132

471

49%

33%

53%

51

96

200

43%

46%

21%

58

56

255

35%

49%

47%

54

76

216

Maple
R
id
g
e/Pitt M
eadow
s
41%

41%

51%

305

39

83

36%

36%

55%

338

39

80

57%

41%

79%

141

22

38

32%

33%

34%

161

21

38

39%

39%

74%

177

18

42

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

Year-to-date*

Jan. Feb. 2011

Year-to-date*

Jan. Feb. 2012

February
2011

January
2012

February
2012

Number
of
Listings

February
2012

2012

North
Vanco
uver
37%

52%

47%

321

111

336

37%

46%

49%

354

108

328

45%

58%

56%

189

62

198

28%

43%

40%

174

61

144

46%

51%

56%

180

47

184

Port C
oquitla
m
22%

51%

51%

146

73

122

34%

53%

48%

133

66

103

24%

50%

63%

79

40

64

33%

50%

59%

54

28

39

34%

55%

41%

79

38

64

Port M
oody/B
elcarra
31%

55%

30%

130

66

83

39%

39%

41%

100

79

90

44%

51%

38%

62

41

48

33%

20%

30%

45

44

46

44%

63%

52%

55

35

44

Richm
ond
56%

60%

57%

545

290

720

30%

39%

27%

647

339

765

61%

65%

64%

297

155

395

21%

27%

19%

348

195

470

42%

56%

40%

299

144

295

Squam
ish
12%

31%

22%

43

26

93

20%

22%

31%

50

41

83

19%

38%

30%

16

16

50

3%

11%

30%

32

18

43

50%

30%

33%

18

23

40

43%

38%

26%

14

21

212

25%

43%

25%

24

21

224

33%

75%

30%

128

13%

18%

22%

15

11

99

44%

70%

26%

10

125

Sunsh
ine Co
ast

19

53%

47%

55%

360

122

481

41%

49%

45%

411

108

483

62%

58%

58%

187

65

283

39%

32%

40%

175

44

235

43%

61%

50%

236

64

248

Vanco
uver E
ast

Burnab

er
New W
estmin
st

Vanco
uver W
est
43%

47%

57%

1,466

240

657

34%

29%

33%

1,581

254

795

52%

66%

67%

782

116

360

27%

21%

18%

775

126

476

40%

37%

55%

806

128

319

Sound
38%

29%

45%

69

28

304

33%

52%

35%

82

25

310

44%

23%

53%

41

13

174

26%

23%

21%

39

13

185

40%

83%

54%

43

12

125

Wes
t
V
a
n
couve
r/Howe

MLS LISTINGS Facts

19%

26%

26%

69

66

34

29%

52%

31%

73

60

51

18%

29%

18%

34

34

22

35%

35%

18%

40

40

33

21%

85%

56%

33

20

18

Whistl
er/Pem
berton
n/a

4,446

1,674

4,374

n/a

4,905

1,701

4,702

n/a

2,344

898

2,451

n/a

2,394

872

2,490

n/a

2,511

829

2,212

Listing & Sales Activity Summary

Listings

Sales

1
Feb
2011

2
Jan
2012

3
Feb
2012

5
Feb
2011

6
Jan
2012

7
Feb
2012

188
130
286

181
120
307

198
141
305

9.4
17.5
-0.7

105
74
160

59
40
67

105
62
134

78.0
55.0
100.0

255
163
381

229
142
305

-10.2
-12.9
-19.9

189
92
153

171
81
135

216
65
195

26.3
-19.8
44.4

108
50
61

74
22
49

127
35
69

71.6
59.1
40.8

234
119
148

285
78
162

21.8
-34.5
9.5

101
8
17

70
13
36

75
8
22

7.1
-38.5
-38.9

73
7
17

17
3
5

38
9
9

123.5
200.0
80.0

127
12
28

73
19
23

-42.5
58.3
-17.9

200
96
51

255
56
58

216
76
54

-15.3
35.7
-6.9

106
32
25

53
26
25

102
37
19

92.5
42.3
-24.0

236
87
55

227
84
81

-3.8
-3.4
47.3

198
62
189

144
61
174

184
47
180

27.8
-23.0
3.4

111
36
85

57
26
48

103
24
82

80.7
-7.7
70.8

206
72
165

213
67
192

3.4
-6.9
16.4

38
22
141

38
21
161

42
18
177

10.5
-14.3
9.9

30
9
81

13
7
52

31
7
69

138.5
0.0
32.7

67
16
187

50
20
183

-25.4
25.0
-2.1

48
41
62

46
44
45

44
35
55

-4.3
-20.5
22.2

18
21
27

14
9
15

23
22
24

64.3
144.4
60.0

42
50
54

51
49
57

21.4
-2.0
5.6

64
40
79

39
28
54

64
38
79

64.1
35.7
46.3

40
20
19

23
14
18

26
21
27

13.0
50.0
50.0

91
63
46

65
51
63

-28.6
-19.0
37.0

395
155
297

470
195
348

295
144
299

-37.2
-26.2
-14.1

251
100
181

89
52
72

119
80
125

33.7
53.8
73.6

543
246
441

270
173
272

-50.3
-29.7
-38.3

128
8
9

99
11
15

125
10
9

26.3
-9.1
-40.0

39
6
3

22
2
2

33
7
4

50.0
250.0
100.0

87
12
7

78
10
8

-10.3
-16.7
14.3

50
16
16

43
18
32

40
23
18

-7.0
27.8
-43.8

15
6
3

13
2
1

13
7
9

0.0
250.0
800.0

31
10
9

38
16
16

22.6
60.0
77.8

283
65
187

235
44
175

248
64
236

5.5
45.5
34.9

165
38
116

93
14
68

125
39
102

34.4
178.6
50.0

349
71
249

313
68
221

-10.3
-4.2
-11.2

360
116
782

476
126
775

319
128
806

-33.0
1.6
4.0

242
77
404

86
26
211

177
47
323

105.8
80.8
53.1

492
159
899

325
104
796

-33.9
-34.6
-11.5

22
34
34

33
40
40

18
20
33

-45.5
-50.0
-17.5

4
10
6

6
14
14

10
17
7

66.7
21.4
-50.0

11
31
23

26
44
34

136.4
41.9
47.8

174
13
41

185
13
39

125
12
43

-32.4
-7.7
10.3

92
3
18

39
3
10

68
10
17

74.4
233.3
70.0

188
10
38

145
13
38

-22.9
30.0
0.0

2438
898
2344

2485
871
2394

2209
829
2511

-11.1
-4.8
4.9

1399
489
1206

658
260
657

1100
424
1020

67.2
63.1
55.3

2959
1121
2730

2388
938
2451

-19.3
-16.3
-10.2

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

Col. 6 & 7
Percentage
Variance

9
Dec 2010 Feb 2011

10
Dec 2011 Feb 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

$457,483

$557,134

$1,225,893

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 February 2012