The real estate industry is a key economic driver in British Columbia. In 2017 ... Whistler. $1,041,100. 228.9. 0.2%. 6.
News Release FOR IMMEDIATE RELEASE:
Home seller supply grows as demand declines VANCOUVER, BC – July 4, 2018 – With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver* reached a three-year high in June. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,425 in June 2018, a 37.7 per cent decline from the 3,893 sales recorded in June 2017, and a 14.4 per cent decrease compared to May 2018 when 2,833 homes sold. Last month’s sales were 28.7 per cent below the 10-year June sales average. “Buyers are less active today. This is allowing the supply of homes for sale to accumulate to levels we haven’t seen in the last few years,” Phil Moore, REBGV president said. “Rising interest rates, high prices and more restrictive mortgage requirements are among the factors dampening home buyer activity today.” There were 5,279 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2018. This represents a 7.7 per cent decrease compared to the 5,721 homes listed in June 2017 and a 17.2 per cent decrease compared to May 2018 when 6,375 homes were listed. The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,947, a 40.3 per cent increase compared to June 2017 (8,515) and a 5.8 per cent increase compared to May 2018 (11,292). This is the highest this total has been since June 2015. “With reduced demand, detached homes are entering a buyers’ market and price growth in our townhome and apartment markets is showing signs of decelerating.” For all property types, the sales-to-active listings ratio for June 2018 is 20.3 per cent. By property type, the ratio is 11.7 per cent for detached homes, 24.9 per cent for townhomes, and 33.4 per cent for condominiums. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,093,600. This represents a 9.5 per cent increase over June 2017 and is virtually unchanged from May 2018.
Sales of detached homes in June 2018 reached 766, a 42 per cent decrease from the 1,320 detached sales recorded in June 2017. The benchmark price for a detached home is $1,598,200. This represents a 0.7 per cent increase from June 2017 and a 0.6 per cent decrease compared to May 2018. Sales of apartment homes reached 1,240 in June 2018, a 34.9 per cent decrease compared to the 1,905 sales in June 2017. The benchmark price for an apartment is $704,200. This represents a 17.2 per cent increase from June 2017 and a 0.4 per cent increase compared to May 2018. Attached home sales in June 2018 totalled 419, a 37.3 per cent decrease compared to the 668 sales in June 2017. The benchmark price of an attached home is $859,800. This represents a 15.3 per cent increase from June 2017 and is virtually unchanged from May 2018. -30*Editor’s Note: Areas covered by the 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, Pitt Meadows, Maple Ridge, and South Delta. The real estate industry is a key economic driver in British Columbia. In 2017, 35,993 homes changed ownership in the Board’s area, generating $2.4 billion in economic spin-off activity and an estimated 17,600 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $37 billion in 2017. The Real Estate Board of Greater Vancouver is an association representing more than 14,000 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
[email protected]
June 2018
* 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
$1,006,600 $1,093,600 $1,033,200 $1,010,900 $946,500 $1,071,300 $984,800 $873,200 $748,800 $732,000 $1,134,400 $762,700 $789,500 $994,600 $1,031,900 $874,000 $630,500 $1,008,200 $1,111,300 $1,371,500 $2,541,300 $1,041,100
284.0 285.9 224.0 281.2 285.8 302.6 292.1 245.1 251.8 313.8 254.9 279.0 278.5 274.9 301.3 279.8 220.9 253.2 325.4 289.2 273.2 228.9
0.0% 0.0% -1.6% 0.3% 0.1% 1.5% 0.1% -0.4% 0.1% -0.4% -0.6% 1.2% -0.3% 1.0% 0.7% -0.1% -0.7% -1.2% -0.3% -0.5% -1.8% 0.2%
1.5% 0.9% 5.6% 1.7% 1.5% 1.7% 2.6% 0.0% 2.4% 3.3% -0.4% 3.3% 1.6% 3.9% 0.6% 5.7% 3.4% -1.0% -0.5% -0.6% -4.3% 6.1%
5.7% 4.1% 8.3% 5.0% 4.5% 6.1% 6.4% -0.3% 8.3% 9.7% 4.0% 10.8% 7.6% 7.7% 2.8% 7.5% 8.1% -0.2% 2.0% 1.5% -2.4% 8.8%
12.3% 9.5% 15.8% 10.2% 10.6% 11.9% 14.0% 5.9% 18.7% 21.7% 6.5% 23.6% 15.2% 17.3% 8.8% 21.5% 13.2% 5.1% 6.3% 3.2% -3.3% 27.7%
63.0% 56.1% 67.9% 52.7% 60.2% 63.1% 67.4% 38.9% 77.6% 79.9% 49.4% 78.5% 72.8% 70.0% 56.4% 81.3% 70.1% 42.8% 53.6% 45.5% 29.2% 80.2%
84.2% 80.3% 76.9% 78.8% 83.4% 86.9% 96.8% 65.5% 90.5% 97.7% 72.7% 101.0% 96.5% 95.5% 79.8% 122.4% 80.6% 71.7% 82.8% 68.9% 64.6% 118.0%
92.0% 91.2% 62.9% 90.0% 92.2% 104.2% 99.7% 69.7% 77.4% 103.9% 76.9% 90.3% 86.0% 92.0% 99.7% 101.7% 60.1% 72.7% 109.3% 88.6% 76.1% 67.9%
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
$1,340,600 $1,598,200 $1,033,200 $1,340,700 $1,538,900 $1,712,400 $1,313,500 $998,100 $880,700 $1,189,400 $1,683,600 $956,700 $1,030,300 $1,551,900 $1,648,600 $1,039,000 $628,000 $1,247,900 $1,541,400 $3,392,500 $2,944,900 $1,716,200
284.4 293.7 224.0 299.8 297.6 327.8 291.5 240.6 250.9 296.7 263.3 269.6 274.7 286.6 331.1 265.2 220.0 268.7 340.7 348.3 278.0 217.6
-0.4% -0.6% -1.6% 2.0% -2.3% 2.5% -0.5% -0.4% 0.6% 1.1% -1.5% 0.7% -1.8% 1.5% -1.0% -0.4% -0.5% -1.3% -0.1% -1.1% -2.5% 2.4%
0.4% -0.6% 5.6% 2.5% -0.3% 2.3% 1.8% -1.0% 3.3% 1.1% -2.3% 2.5% 0.2% 4.5% -3.5% 3.3% 3.6% -2.0% -0.8% -1.6% -5.5% 2.6%
1.4% -0.5% 8.3% 3.7% -2.5% 1.9% 2.4% -3.0% 6.5% 2.6% 0.2% 7.0% 3.5% 3.4% -2.6% 2.3% 8.3% -2.6% -1.2% -4.6% -4.8% 3.7%
3.8% 0.7% 15.8% 6.4% -2.2% -0.5% 4.5% 2.3% 13.5% 5.7% -0.4% 13.8% 4.0% 7.4% -0.1% 9.7% 13.5% 2.3% 0.5% -6.5% -5.8% 9.5%
49.9% 41.7% 67.9% 47.8% 34.1% 43.5% 52.5% 34.1% 74.2% 49.8% 42.5% 68.2% 55.2% 54.6% 43.6% 72.8% 70.3% 44.0% 40.9% 30.4% 25.0% 62.8%
77.2% 73.1% 76.9% 78.7% 68.6% 75.7% 86.3% 63.2% 91.4% 78.0% 75.9% 91.7% 87.6% 87.4% 74.5% 110.8% 80.9% 77.6% 82.4% 63.7% 61.3% 93.4%
96.7% 98.3% 62.9% 105.8% 101.1% 124.5% 101.6% 69.9% 82.5% 102.8% 84.0% 91.7% 90.2% 95.4% 114.4% 93.0% 59.4% 83.7% 129.9% 112.1% 78.0% 58.8%
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 15
June 2018
*
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
$728,500 $859,800 $717,400 $777,000 $856,400 $712,200 $778,000 $574,300 $723,500 $1,049,900 $664,200 $689,700 $685,900 $854,800 $899,800 $766,500 $923,400 $1,303,600 $1,075,800
263.3 277.4 265.0 290.0 295.0 261.3 271.3 266.6 286.1 255.1 287.4 260.2 231.8 280.9 326.9 285.5 303.1 287.9 287.7
0.2% 0.0% -0.9% 1.3% 1.8% 1.0% -1.2% -1.1% -1.5% 1.4% 3.5% -0.3% 0.1% 1.0% -3.8% -1.2% -0.3% -0.1% -3.0%
2.9% 2.9% 4.0% 3.1% 3.5% 3.3% -0.2% -0.1% 2.1% 4.4% 6.0% 2.4% 3.9% 2.9% 5.7% 1.5% 1.7% 2.6% 6.5%
7.6% 7.0% 8.8% 6.7% 11.9% 7.5% 0.1% 8.9% 4.3% 6.8% 12.9% 9.0% 9.0% 5.8% 6.7% 1.6% 5.0% 4.9% 7.7%
16.7% 15.3% 17.4% 12.9% 15.1% 15.4% 6.4% 21.8% 12.9% 11.9% 23.9% 16.6% 17.4% 11.6% 32.2% 4.7% 13.5% 7.6% 37.6%
68.1% 63.7% 59.5% 63.7% 66.6% 65.9% 51.5% 83.2% 59.5% 58.8% 83.1% 71.7% 53.4% 57.4% 89.6% 55.5% 63.1% 56.3% 77.9%
82.3% 83.5% 72.6% 83.1% 88.0% 83.6% 72.9% 90.6% 76.8% 78.6% 106.3% 87.2% 70.6% 75.5% 166.0% 77.5% 77.0% 79.2% 138.8%
81.5% 88.8% 81.5% 94.1% 101.0% 83.9% 79.3% 82.1% 94.5% 83.0% 95.4% 78.2% 60.5% 91.1% 130.5% 88.7% 92.1% 90.4% 109.5%
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
$669,700 $704,200 $701,400 $656,100 $737,000 $552,100 $470,700 $327,200 $564,600 $602,800 $480,300 $489,100 $699,200 $683,800 $530,300 $504,900 $573,800 $842,600 $1,286,500 $579,500
292.8 283.0 266.3 280.1 295.9 303.0 223.1 236.3 321.8 245.4 283.9 292.5 291.4 291.9 255.4 212.9 316.6 273.4 260.6 190.0
0.3% 0.4% -2.0% 0.9% 1.1% 0.2% -0.1% 0.5% -0.6% -0.1% 0.1% 1.2% 0.9% 2.0% 2.6% -0.5% -0.3% -0.3% 0.5% 2.3%
2.1% 1.5% -3.6% 2.3% 1.3% 3.0% 2.5% 3.5% 3.9% 0.2% 2.3% 2.2% 3.6% 3.7% 8.0% 2.9% -0.7% -0.3% 0.6% 8.3%
9.7% 7.4% 2.9% 8.8% 7.6% 9.8% 7.8% 15.9% 12.2% 7.5% 13.6% 10.8% 10.5% 7.3% 14.1% 9.2% 5.2% 4.4% 9.9% 14.2%
22.1% 17.2% 16.1% 20.4% 19.3% 24.7% 18.4% 40.7% 28.1% 14.1% 37.7% 26.4% 26.1% 19.4% 28.3% 18.1% 13.0% 9.0% 10.1% 30.4%
82.3% 73.4% 64.6% 87.1% 80.1% 92.5% 37.5% 90.0% 95.4% 59.2% 88.0% 97.0% 97.3% 79.7% 90.6% 43.5% 73.9% 59.4% 59.7% 114.7%
94.7% 87.9% 89.4% 98.0% 95.7% 117.5% 58.2% 92.0% 107.6% 68.0% 108.6% 112.7% 116.2% 92.7% 95.4% 61.0% 88.1% 75.3% 81.9% 137.5%
90.6% 86.2% 66.6% 87.7% 97.0% 100.4% 51.9% 50.7% 104.7% 67.3% 81.1% 83.5% 109.5% 93.8% 84.9% 44.9% 91.2% 82.0% 72.4% 40.7%
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. • 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 15
Jun 2018 Apr 2018 Feb 2018 Dec 2017 Oct 2017 Aug 2017 Jun 2017 Apartment
Apr 2017 Feb 2017 Dec 2016 Oct 2016
Townhouse
Jun 2016 Apr 2016 Feb 2016 Dec 2015
Detached
Oct 2015 Aug 2015 Jun 2015 Apr 2015
Residential
Feb 2015 Dec 2014 Oct 2014 Aug 2014 Jun 2014 Apr 2014 Feb 2014 Dec 2013 Oct 2013 Aug 2013 60
110
160 Price Index
210
260
Jun 2013 310
Jan 2005 HPI = 100
C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
Greater Vancouver 5 Year Trend
Aug 2016
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
$1,600,000
$760,000
$519,500
Attached
Apartment
395
Attached
Detached
510
Detached
1,235
$605,000
Apartment
Apartment
$789,900
Attached
315
Attached
$1,600,000
346
Detached
Detached
$509,000
Apartment
884
$749,950
Apartment
$1,650,000
Attached
91
Attached
Detached
103
Detached
255
$614,000
Apartment
Apartment
$770,000
49
Attached
$1,588,000
78
Detached
Attached
$620,000
Apartment
Detached
$845,500
Attached
174
$1,450,000
Detached
Apartment
144
53
Attached
Apartment
56
Detached
2018
Coquit lam $468,500
$730,000
$1,261,250
718
279
584
$555,000
$795,725
$1,335,000
530
174
407
$480,000
$775,000
$1,350,000
143
50
127
$575,500
$775,000
$1,360,000
90
37
74
$537,500
$774,500
$1,302,000
90
22
62
Delta South $519,400
$687,000
$1,100,000
114
89
301
$535,000
$719,450
$1,140,000
101
60
206
$532,500
n/a
$1,135,000
29
12
58
n/a
n/a
$1,141,000
12
12
47
$530,000
n/a
$1,095,500
28
16
36
Islands - Gulf n/a
n/a
$481,000
0
1
29
n/a
n/a
$415,000
0
1
21
n/a
n/a
n/a
0
0
8
n/a
n/a
n/a
0
0
7
n/a
n/a
n/a
0
0
3
$319,900
$469,900
$785,000
434
373
754
$391,225
$566,000
$882,500
373
255
579
$329,900
$505,000
$830,000
81
72
172
$408,750
$590,000
$875,000
74
42
106
$398,450
$572,000
$883,000
44
35 102
8
29
$445,000
$706,000
$1,148,000
678
120
141
$513,000
$775,000
$1,262,500
539
75
132
$465,000
$744,500
$1,204,875
128
36
32
$488,000
n/a
$1,365,000
95
14
23
$510,000
n/a
$1,238,000
Maple R id g e/Pitt M eadow s 78
$579,000
$984,000
$1,707,500
648
213
591
$663,000
$996,500
$1,702,500
569
196
402
$576,250
$1,030,900
$1,683,500
128
47
122
$678,000
$969,500
$1,684,000
107
40
90
$651,500
$992,000
$1,638,000
82
37
80
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. Jun. 2017
Year-to-date
Jan. Jun. 2018
June 2017
May 2018
June 2018
Number of Sales
June 2018
25
Port C oquitla m $352,900
$600,000
$932,500
300
174
269
$447,500
$703,674
$1,020,000
238
129
189
$369,000
$663,000
$973,500
68
40
66
$446,000
$775,000
$1,040,000
43
23
37
$455,000
$694,000
$1,001,250
39
22
47
$507,600
$631,500
$1,302,500
230
106
115
$600,393
$776,500
$1,467,500
154
90
66
$539,350
n/a
$1,218,000
50
19
21
$600,000
$838,000
n/a
27
20
16
$564,000
n/a
n/a
23
14 160
65
81
Richm ond $481,450
$809,500
$1,650,000
1,315
587
768
$585,000
$873,900
$1,745,000
965
416
429
$519,444
$825,000
$1,632,500
255
101
146
$600,000
$877,000
$1,725,000
189
78
88
$540,000
$901,250
$1,892,000
Port M oody/B elcarra 11
Squam ish $380,000
$589,900
$919,000
99
137
159
$449,000
$695,000
$991,000
83
95
99
n/a
$590,000
$985,000
10
30
26
$450,000
n/a
n/a
25
19
15
n/a
n/a
n/a
14
15
11
$334,950
$375,900
$590,000
56
67
372
$399,900
$442,500
$649,450
40
52
276
n/a
n/a
$635,000
8
14
88
n/a
n/a
$649,950
7
15
68
n/a
n/a
$667,000
6
7
51
Sunsh ine Co ast
6
y
Burnab
er New W estmin st
Vanco uver E ast $522,000
$997,500
$1,570,000
988
241
786
$619,000
$1,100,400
$1,600,000
813
244
546
$520,050
$1,023,000
$1,600,000
238
54
157
$645,000
$1,099,900
$1,623,000
175
46
141
$585,000
$1,080,000
$1,500,000
146
39
97
Vanco uver W est $739,000
$1,350,000
$3,348,000
2,458
339
632
$832,000
$1,390,000
$3,200,000
1,957
259
391
$782,500
$1,368,888
$3,500,000
460
69
112
$793,500
$1,530,000
$3,200,000
356
55
91
$798,500
$1,252,500
$3,000,000
327
50
80
$1,060,000
$2,025,000
$3,250,000
126
43
307
$1,253,050
$1,650,000
$2,850,000
102
25
168
$1,220,000
n/a
$2,867,500
20
8
64
$1,388,900
n/a
$2,850,000
21
4
38
n/a
n/a
$2,865,000
12
6
33
n/a
23
30
11
$365,250
$739,000
$1,812,500
194
161
100
$388,500
$1,132,500
$2,092,500
177
139
72
$514,000
$632,000
n/a
32
25
18
$340,000
$834,950
n/a
36
22
7
$385,000
$945,000
Sound Wes t V a n couve r/Howe
MLS® SALES Facts
Whistl er/Pem berton n/a
9,593
3,325
6,418
n/a
7,525
2,525
4,329
n/a
1,905
668
1,320
n/a
1,431
476
926
n/a
1,240
419
766
% 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
42%
69%
81%
Apartment
576
Attached
Attached
1,206
Detached
Detached
62%
Apartment
1,534
56%
Apartment
31%
565
Attached
Attached
1,121
Detached
Detached
102%
Apartment
1,417
93%
Apartment
39%
Attached
98
Attached
Detached
264
Detached
250
57%
Apartment
45%
Apartment
109
Attached
Attached
235
Detached
33%
51%
Apartment
Detached
51%
Attached
304
33%
Detached
Apartment
280
103
Attached
Apartment
169
Detached
2018
Coquit lam 82%
80%
56%
875
347
1,039
61%
48%
39%
869
359
1,042
82%
78%
54%
175
64
234
42%
51%
35%
214
72
212
53%
30%
31%
171
73
198
Delta South 87%
93%
52%
131
96
574
58%
68%
35%
174
88
584
138%
109%
55%
21
11
105
34%
67%
41%
35
18
114
93%
100%
39%
30
16
93
Islands - Gulf n/a
20%
43%
0
5
68
n/a
9%
30%
0
11
70
n/a
0%
40%
0
1
20
n/a
0%
58%
0
2
12
n/a
0%
12%
0
1
25
91%
93%
66%
477
402
1,141
79%
63%
53%
471
403
1,089
125%
120%
69%
65
60
249
84%
45%
45%
88
93
238
58%
57%
41%
76
61
191
Maple R id g e/Pitt M eadow s 85%
77%
61%
796
155
233
68%
64%
49%
793
117
270
85%
100%
58%
151
36
55
51%
88%
43%
188
16
54
69%
67%
49%
148
12
59
* Year-to-date listings represent a cumulative total of listings rather than total active listings.
Year-to-date*
Jan. Jun. 2017
Year-to-date*
Jan. Jun. 2018
June 2017
May 2018
June 2018
Number of Listings
June 2018
25
North Vanco uver 79%
70%
55%
819
306
1,066
64%
54%
36%
888
365
1,126
93%
59%
59%
137
79
207
56%
48%
36%
192
84
249
57%
44%
43%
143
85
186
Port C oquitla m 81%
81%
71%
370
216
381
68%
57%
47%
350
228
406
96%
95%
88%
71
42
75
53%
52%
34%
81
44
109
55%
37%
57%
71
60
83
Port M oody/B elcarra 83%
84%
53%
276
126
215
65%
61%
33%
238
148
199
109%
90%
44%
46
21
48
59%
77%
33%
46
26
49
43%
50%
28%
53
28
39
Richm ond 84%
70%
45%
1,574
841
1,713
58%
53%
27%
1,659
782
1,575
81%
56%
41%
315
181
358
54%
42%
28%
353
184
317
51%
53%
30%
312
123
269
Squam ish 80%
75%
58%
123
182
272
56%
64%
38%
147
149
260
45%
86%
55%
22
35
47
78%
51%
27%
32
37
55
70%
54%
30%
20
28
37
Sunsh ine Co ast 102%
87%
65%
55
77
571
83%
64%
49%
48
81
569
100%
117%
73%
8
12
120
117%
125%
54%
6
12
126
67%
58%
52%
9
12
98
82%
60%
49%
1,201
403
1,610
59%
49%
36%
1,378
503
1,535
114%
69%
46%
209
78
342
57%
46%
44%
305
99
321
54%
45%
39%
270
87
250
Vanco uver E ast
6
y
Burnab
er New W estmin st
Vanco uver W est 74%
61%
41%
3,320
558
1,531
52%
38%
25%
3,732
680
1,543
74%
56%
33%
624
123
341
43%
34%
34%
828
161
267
53%
41%
34%
616
123
234
Sound 69%
52%
32%
183
82
969
47%
27%
17%
218
93
1,012
57%
62%
37%
35
13
174
54%
20%
16%
39
20
233
29%
43%
19%
42
14
176
Wes t V a n couve r/Howe
MLS® LISTINGS Facts
88%
89%
70%
221
181
143
76%
64%
51%
232
216
140
78%
83%
64%
41
30
28
124%
54%
27%
29
41
26
82%
67%
34%
28
45
32
Whistl er/Pem berton n/a
11,955
4,553
12,732
n/a
12,614
4,788
12,541
n/a
2,170
884
2,667
n/a
2,740
1,018
2,617
n/a
2,269
871
2,139
Listing & Sales Activity Summary Listings
Sales
1 Jun 2017
2 May 2018
3 Jun 2018
5 Jun 2017
6 May 2018
7 Jun 2018
264 98 250
235 109 304
169 103 280
-28.1 -5.5 -7.9
103 91 255
78 49 174
56 53 144
-28.2 8.2 -17.2
323 263 770
188 162 478
-41.8 -38.4 -37.9
234 64 175
212 72 214
198 73 171
-6.6 1.4 -20.1
127 50 143
74 37 90
62 22 90
-16.2 -40.5 0.0
384 181 408
213 90 272
-44.5 -50.3 -33.3
105 11 21
114 18 35
93 16 30
-18.4 -11.1 -14.3
58 12 29
47 12 12
36 16 28
-23.4 33.3 133.3
180 42 68
128 36 57
-28.9 -14.3 -16.2
249 60 65
238 93 88
191 61 76
-19.7 -34.4 -13.6
172 72 81
106 42 74
78 35 44
-26.4 -16.7 -40.5
496 225 262
307 127 173
-38.1 -43.6 -34.0
207 79 137
249 84 192
186 85 143
-25.3 1.2 -25.5
122 47 128
90 40 107
80 37 82
-11.1 -7.5 -23.4
371 133 369
247 119 290
-33.4 -10.5 -21.4
55 36 151
54 16 188
59 12 148
9.3 -25.0 -21.3
32 36 128
23 14 95
29 8 102
26.1 -42.9 7.4
97 80 425
79 35 290
-18.6 -56.3 -31.8
48 21 46
49 26 46
39 28 53
-20.4 7.7 15.2
21 19 50
16 20 27
11 14 23
-31.3 -30.0 -14.8
73 71 132
48 50 67
-34.2 -29.6 -49.2
75 42 71
109 44 81
83 60 71
-23.9 36.4 -12.3
66 40 68
37 23 43
47 22 39
27.0 -4.3 -9.3
179 110 176
118 64 130
-34.1 -41.8 -26.1
358 181 315
317 184 353
269 123 312
-15.1 -33.2 -11.6
146 101 255
88 78 189
81 65 160
-8.0 -16.7 -15.3
470 362 740
234 222 516
-50.2 -38.7 -30.3
120 12 8
126 12 6
98 12 9
-22.2 0.0 50.0
88 14 8
68 15 7
51 7 6
-25.0 -53.3 -14.3
237 45 27
161 31 20
-32.1 -31.1 -25.9
47 35 22
55 37 32
37 28 20
-32.7 -24.3 -37.5
26 30 10
15 19 25
11 15 14
-26.7 -21.1 -44.0
97 90 60
50 51 51
-48.5 -43.3 -15.0
342 78 209
321 99 305
250 87 270
-22.1 -12.1 -11.5
157 54 238
141 46 175
97 39 146
-31.2 -15.2 -16.6
498 156 614
341 138 463
-31.5 -11.5 -24.6
341 123 624
267 161 828
234 123 616
-12.4 -23.6 -25.6
112 69 460
91 55 356
80 50 327
-12.1 -9.1 -8.1
408 211 1424
239 152 1033
-41.4 -28.0 -27.5
28 30 41
26 41 29
32 45 28
23.1 9.8 -3.4
18 25 32
7 22 36
11 30 23
57.1 36.4 -36.1
56 85 108
29 68 86
-48.2 -20.0 -20.4
174 13 35
233 20 39
176 14 42
-24.5 -30.0 7.7
64 8 20
38 4 21
33 6 12
-13.2 50.0 -42.9
193 25 69
103 14 53
-46.6 -44.0 -23.2
2647 883 2170
2605 1016 2740
2114 870 2269
-18.8 -14.4 -17.2
1312 668 1905
919 476 1431
763 419 1240
-17.0 -12.0 -13.3
4062 2079 5652
2485 1359 3979
-38.8 -34.6 -29.6
BURNABY DETACHED ATTACHED APARTMENTS
Col. 2 & 3 Percentage Variance
%
Col. 6 & 7 Percentage Variance
9 Apr 2017 Jun 2017
10 Apr 2018 Jun 2018
%
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
0
200
400
600
800
1000
1200
1400
1600
1800
2000
IN THOUSANDS ($)
77
DETACHED
CONDOMINIUM
ATTACHED
APARTMENTS
Residential Average Sale Prices - January 1977 to June 2018
NOTE: From 1977 - 1984 condominium averages were not separated into attached & apartment.
19
78
19
79
19
80
19
81
19
82
19
83
19
84
19
85
19
86
19
87
19
88
19
89
19
90
19
91
19
92
19
93
19
94 19
95 19
96 19
97 19
98 19
99 19
00 20
01 20
02 20
03 20
04 20
05 20
06 20
07 20
08 20
09 20
10 20
11 20
12 20
13 20
14 20
15 20
16 20
$693,626
$933,781
$1,754,795
17 20
18 20
