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 [Link] 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 [Link].
For more information please contact:
Fiona Youatt, Communication Coordinator
Real Estate Board of Greater Vancouver
Phone: (604) 730-3068
E-mail: fyouatt@[Link]
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\[Link]
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
