News Release

FOR IMMEDIATE RELEASE:

Housing demand remains strong despite diminishing supply

VANCOUVER, B.C. December 2, 2015 Home sales reached near record levels in
November even as home listings began the traditional year-end decline.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Metro Vancouver reached 3,524 on the Multiple Listing Service (MLS) in November 2015.
This represents a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014,
and a 3.3 per cent decrease compared to the 3,646 sales in October 2015.
Last months sales were 46.2 per cent above the 10-year sales average for the month and rank as
the second highest November on record for residential property sales.
November is typically one of the quietest months of the year in our housing market, but not this
year, Darcy McLeod, REBGV president said. The ratio of sales to homes available for sale
reached 44 per cent in November, which is the highest its been in our market in nine years.
New listings for detached, attached and apartment properties in Metro Vancouver totalled 3,392
in November. This represents a 12.5 per cent increase compared to the 3,016 new listings
reported in November 2014.
The total number of properties listed for sale on the real estate boards MLS is 8,096, a 35 per
cent decline compared to November 2014 and a 15.4 per cent decline compared to October 2015.
Demand remains strong and there are housing options at different price points throughout the
region, McLeod said. Its important to work with your REALTOR to understand your
options before you embark on your home buying journey.
The MLS Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $752,500. This represents a 17.8 per cent increase compared to
November 2014.
The sales-to-active-listings ratio in November was 43.5 per cent. Generally, analysts say that
downward pressure on home prices occurs when the ratio declines below the 12 per cent mark,
while home prices often experience upward pressure when it reaches 20 per cent, or higher, in a
particular community for a sustained period of time.

Sales of detached properties in November 2015 reached 1,335, an increase of 31.9 per cent from
the 1,012 detached sales recorded in November 2014, and a 44.2 per cent increase from the 926
units sold in November 2013. The benchmark price for a detached property in Metro Vancouver
increased 22.6 per cent from November 2014 to $1,226,300.
Sales of apartment properties reached 1,553 in November 2015, an increase of 47.6 per cent
compared to the 1,052 sales in November 2014, and an increase of 60.3 per cent compared to the
969 sales in November 2013. The benchmark price of an apartment property increased 14 per
cent from November 2014 to $435,000.
Attached property sales in November 2015 totalled 636, an increase of 40.7 per cent compared to
the 452 sales in November 2014, and a 49.3 per cent increase from the 426 attached properties
sold in November 2013. The benchmark price of an attached unit increased 11.3 per cent
between November 2014 and 2015 to $536,600.
*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
[email protected]

November 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

$661,200
$752,500
$634,200
$702,500
$631,900
$695,200
$635,500
$669,400
$439,800
$437,700
$808,400
$430,900
$476,600
$638,700
$706,500
$470,400
$385,900
$775,600
$795,500
$1,034,900
$2,103,200
$530,700

186.4
196.9
137.5
193.9
189.9
196.5
188.0
186.2
148.6
186.4
182.4
157.7
168.9
176.6
204.7
153.3
135.2
194.3
233.0
218.1
225.7
123.3

2.1%
2.2%
-1.6%
2.7%
1.1%
1.1%
1.9%
2.4%
1.6%
2.4%
3.5%
1.3%
1.1%
2.0%
1.5%
1.6%
0.9%
2.7%
2.9%
3.0%
2.8%
-0.9%

5.8%
6.2%
0.7%
4.6%
5.1%
6.3%
6.7%
4.4%
3.8%
6.0%
7.0%
0.6%
4.5%
6.1%
6.3%
4.6%
1.7%
5.0%
7.5%
7.1%
5.7%
2.7%

9.5%
9.9%
5.6%
9.4%
9.5%
9.0%
10.3%
11.2%
7.1%
10.4%
8.1%
1.9%
7.6%
10.0%
10.3%
4.8%
5.0%
12.8%
12.3%
11.2%
11.3%
1.4%

16.4%
17.8%
9.0%
16.0%
17.4%
16.3%
18.5%
19.7%
11.0%
14.5%
17.1%
7.1%
14.8%
17.1%
18.5%
12.3%
9.6%
23.8%
20.8%
19.2%
25.7%
6.3%

22.7%
25.9%
10.5%
27.5%
25.8%
23.3%
26.9%
30.1%
13.1%
21.0%
26.1%
12.2%
20.2%
24.8%
23.7%
23.2%
9.3%
30.6%
31.6%
31.1%
40.1%
17.3%

29.3%
33.0%
2.9%
34.3%
32.2%
32.9%
34.6%
32.0%
13.0%
24.9%
32.5%
19.0%
22.3%
28.4%
29.3%
19.9%
6.0%
41.9%
46.9%
40.2%
61.1%
9.7%

68.7%
77.7%
23.4%
75.0%
72.6%
77.5%
72.2%
70.8%
38.9%
67.0%
66.6%
47.0%
54.0%
58.8%
85.9%
43.1%
19.4%
75.7%
106.9%
92.8%
104.1%
15.8%

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

$969,400
$1,226,300
$634,200
$987,900
$1,243,600
$1,261,600
$938,300
$825,500
$538,800
$861,000
$1,279,600
$592,000
$719,800
$1,093,800
$1,266,400
$630,200
$383,900
$993,400
$1,208,800
$2,864,600
$2,519,200
$1,056,200

205.9
226.2
137.5
220.9
240.5
241.5
207.9
199.2
153.5
213.6
203.7
166.9
192.0
202.0
254.0
167.5
134.5
213.9
267.2
294.1
239.5
146.2

2.1%
2.4%
-1.6%
3.0%
0.7%
1.5%
1.7%
4.1%
1.7%
2.9%
3.9%
1.5%
1.4%
1.4%
2.0%
1.6%
1.0%
4.1%
2.8%
3.3%
2.7%
-0.4%

5.4%
5.8%
0.7%
5.0%
4.3%
4.6%
5.6%
7.9%
3.9%
5.2%
7.7%
3.3%
5.8%
6.4%
6.8%
3.8%
1.7%
8.7%
6.4%
6.3%
5.2%
0.8%

10.3%
11.0%
5.6%
13.1%
11.1%
8.6%
11.0%
15.7%
7.9%
12.1%
9.6%
6.9%
11.3%
10.3%
12.3%
6.1%
5.1%
17.1%
12.9%
12.1%
10.0%
3.2%

19.8%
22.6%
9.0%
22.4%
26.3%
21.3%
21.9%
27.0%
12.2%
20.9%
23.4%
13.2%
23.3%
18.7%
24.0%
16.1%
9.5%
31.4%
26.4%
23.2%
26.1%
11.0%

29.3%
33.8%
10.5%
37.4%
36.9%
28.9%
33.1%
39.5%
17.6%
33.4%
37.2%
18.5%
29.8%
30.8%
31.9%
28.5%
9.0%
39.5%
44.8%
41.0%
42.0%
20.4%

41.7%
48.7%
2.9%
49.3%
56.0%
56.8%
47.0%
43.3%
19.1%
42.5%
49.3%
23.9%
37.1%
44.3%
47.0%
33.7%
5.5%
57.7%
69.4%
60.4%
69.0%
20.4%

88.2%
106.8%
23.4%
99.7%
119.2%
118.8%
91.8%
82.4%
44.5%
94.2%
88.3%
56.9%
77.1%
84.3%
130.3%
53.5%
18.8%
92.2%
142.5%
167.9%
116.7%
36.5%

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

November 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

$441,500
$536,600
$429,900
$435,500
$454,600
$448,300
$511,800
$308,800
$433,700
$686,900
$368,900
$415,300
$493,300
$585,900
$391,300
$501,400
$626,400
$866,500
$533,600

159.8
173.4
154.2
162.4
163.1
164.7
169.6
150.0
162.9
164.4
159.6
157.5
166.7
189.4
142.0
165.7
206.5
196.0
142.7

1.8%
1.9%
-2.1%
-0.5%
-0.5%
0.7%
-0.4%
1.6%
-1.5%
2.5%
1.1%
-0.3%
3.0%
2.1%
2.6%
-0.7%
3.9%
4.3%
2.6%

4.4%
4.9%
-3.4%
0.1%
3.1%
6.7%
1.3%
6.6%
-1.0%
4.8%
0.3%
2.9%
7.9%
5.5%
3.5%
1.7%
10.6%
6.8%
3.0%

6.3%
7.1%
-2.6%
1.0%
4.9%
8.6%
4.8%
10.9%
-0.1%
8.4%
2.6%
4.0%
11.4%
8.5%
3.0%
4.3%
11.7%
9.3%
2.4%

9.5%
11.3%
0.5%
5.8%
6.7%
11.6%
10.3%
13.2%
2.5%
12.1%
8.4%
8.0%
14.0%
13.6%
7.2%
12.7%
17.1%
12.4%
6.9%

13.1%
17.6%
3.8%
13.0%
9.3%
15.4%
17.8%
14.1%
13.0%
19.3%
11.1%
12.0%
19.3%
19.0%
19.2%
15.9%
25.4%
27.6%
20.6%

14.2%
19.9%
8.5%
11.6%
13.3%
23.8%
15.0%
7.7%
13.1%
21.9%
25.4%
14.1%
20.2%
22.3%
14.1%
11.1%
31.4%
30.8%
23.8%

46.7%
58.6%
41.9%
48.7%
51.4%
49.9%
56.2%
38.0%
50.8%
50.7%
48.7%
42.5%
50.6%
73.9%
38.4%
52.6%
78.9%
78.2%
38.7%

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

$391,200
$435,000
$507,100
$389,700
$448,600
$299,900
$330,000
$166,200
$314,300
$392,900
$245,000
$249,600
$384,200
$383,000
$293,600
$337,200
$360,900
$586,100
$750,200
$274,500

170.8
174.9
192.5
164.7
180.1
165.1
156.4
120.0
179.0
159.9
144.8
148.0
160.1
161.7
141.4
142.2
199.1
189.7
163.9
90.0

2.2%
2.2%
7.7%
2.0%
1.2%
2.8%
-2.1%
0.9%
2.5%
3.0%
1.3%
1.9%
2.1%
0.4%
0.2%
-1.9%
3.0%
2.7%
3.6%
-6.3%

7.5%
7.3%
14.4%
7.6%
8.6%
9.2%
-6.4%
-1.9%
7.3%
7.5%
-3.0%
4.5%
4.6%
6.0%
8.5%
-7.2%
8.9%
8.1%
9.0%
3.8%

9.5%
9.6%
16.0%
10.4%
10.2%
9.8%
0.3%
-4.4%
11.0%
6.2%
-5.1%
5.8%
8.5%
7.1%
6.8%
-0.8%
12.0%
11.5%
21.1%
0.1%

13.6%
14.0%
19.4%
12.2%
14.8%
15.5%
2.8%
-1.4%
13.3%
10.0%
-1.4%
8.6%
16.4%
11.4%
11.7%
2.2%
13.9%
17.8%
19.5%
4.0%

16.3%
18.7%
41.9%
18.9%
22.0%
19.5%
9.2%
-12.0%
17.0%
12.9%
5.3%
13.5%
19.8%
12.3%
21.9%
5.3%
17.0%
25.1%
27.1%
21.1%

18.0%
20.2%
40.3%
20.4%
23.8%
17.8%
10.4%
-9.0%
19.6%
14.3%
7.7%
9.1%
18.8%
9.3%
2.3%
2.2%
23.4%
29.4%
22.9%
-9.9%

51.4%
55.2%
66.8%
49.0%
60.8%
49.8%
43.9%
10.0%
59.1%
44.3%
32.7%
33.5%
40.9%
46.1%
31.8%
30.8%
72.2%
65.4%
48.3%
-17.6%

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.
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

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

Aug 2014
Jun 2014
Apr 2014
Feb 2014

Townhouse

Oct 2013
Aug 2013
Jun 2013
Apr 2013

Detached

Feb 2013
Dec 2012
Oct 2012
Aug 2012

Residential

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

80

100

120

140

160
Price
Index

180

200

220

Oct 2010
240

Jan 2005 HPI = 100

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

Greater Vancouver
5 Year Trend

Dec 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

$1,020,000

$517,500

$375,000

Apartment

712

Attached

Attached

1,100

Detached

Detached

$395,000

Apartment

1,670

$539,900

Apartment

$1,250,500

990

Attached

Attached

1,494

Detached

Detached

$379,000

Apartment

2,229

$538,000

Apartment

$1,050,000

Attached

61

Attached

Detached

86

Detached

128

$400,000

Apartment

Apartment

$575,000

94

Attached

$1,305,000

128

Detached

Attached

$419,500

Apartment

Detached

$579,950

Attached

223

$1,405,000

Detached

Apartment

225

85

Attached

Apartment

116

Detached

Coquit
lam
$297,000

$480,000

$775,000

724

463

1,268

$324,900

$524,900

$899,950

1,102

565

1,489

$292,250

$468,000

$837,500

56

39

106

$343,500

$623,000

$950,000

104

54

113

$321,000

$590,750

$1,044,000

108

50

108

Delta South
$340,000

$438,500

$701,100

164

80

589

$367,250

$501,250

$875,000

247

102

657

n/a

n/a

$739,500

11

49

$400,000

n/a

$981,750

33

58

n/a

n/a

$1,032,500

18

54

Islands
- Gulf
n/a

n/a

$383,500

46

n/a

n/a

$375,000

48

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

$214,900

$302,000

$495,327

332

440

1,277

$214,950

$318,950

$552,285

354

705

1,694

$201,900

$301,841

$515,220

37

37

122

$225,450

$325,000

$572,250

20

81

159

$230,000

$315,000

$585,100

40

77
109

15

36

$306,500

$429,950

$705,000

745

93

328

$309,000

$460,000

$836,500

1,028

153

359

$286,700

n/a

$699,750

68

13

24

$332,000

n/a

$922,500

117

11

25

$297,000

n/a

$931,500

Maple
R
id
g
e/Pitt M
eadow
s
145

$384,000

$659,500

$1,075,000

841

370

1,171

$405,000

$693,900

$1,315,000

1,236

493

1,403

$437,500

$668,151

$1,079,000

76

39

74

$399,900

$822,500

$1,448,800

123

36

130

$409,450

$718,700

$1,500,000

134

38

102

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. Nov. 2014

Year-to-date

Jan. Nov. 2015

November
2014

October
2015

November
2015

Number
of
Sales

November
2015

2015

Port C
oquitla
m
$242,000

$389,000

$570,000

334

327

452

$248,750

$420,000

$670,000

486

363

553

$244,200

$368,950

$583,750

36

34

28

$261,500

$414,500

$700,000

42

32

46

$266,000

$449,900

$719,800

40

34

41

$358,000

$437,400

$872,500

274

212

277

$385,000

$452,150

$980,500

313

199

314

n/a

n/a

n/a

14

17

17

$415,000

n/a

$1,155,000

36

17

42

$385,000

$514,900

$982,500

22

32
198

110

192

Richm
ond
$350,000

$535,000

$1,038,000

1,384

1,006

1,585

$357,000

$578,000

$1,250,000

1,905

1,231

2,187

$350,000

$532,800

$1,086,000

126

73

129

$365,500

$620,000

$1,369,000

161

132

194

$369,900

$616,600

$1,350,000

Port M
oody/B
elcarra
20

$216,250

$366,846

$545,000

98

167

257

$265,000

$429,900

$665,000

155

229

329

n/a

n/a

n/a

18

18

n/a

$454,500

$698,000

19

28

27

n/a

$489,450

$730,000

24

35

Squam
ish

22

$249,500

$239,900

$380,000

67

40

538

$270,000

$270,000

$410,000

77

75

700

n/a

n/a

$412,500

38

n/a

n/a

$455,000

61

n/a

n/a

$386,500

74

Sunsh
ine Co
ast

11

Burnab

er
New W
estmin
st

Vanco
uver E
ast
$345,000

$655,000

$965,000

1,317

477

1,655

$379,950

$738,000

$1,215,000

1,736

537

1,821

$345,000

$657,000

$960,500

117

45

122

$410,000

$799,900

$1,288,000

154

52

149

$372,500

$800,450

$1,310,000

140

47

144

Vanco
uver W
est
$492,000

$871,000

$2,380,000

4,125

615

1,684

$532,500

$958,000

$2,820,000

5,126

841

1,898

$495,000

$788,250

$2,648,000

332

43

117

$569,900

$1,049,900

$2,910,000

457

78

163

$585,000

$961,900

$3,100,000

458

68

165

$748,000

$1,035,000

$2,100,000

172

69

777

$773,000

$1,230,000

$2,432,000

196

104

1,003

n/a

n/a

$1,875,000

11

65

$688,000

n/a

$2,700,000

20

116

n/a

n/a

$2,720,000

16

82

n/a

30

37

18

$256,500

$575,000

$1,050,000

256

266

156

$284,000

$566,750

$1,107,500

291

292

190

$287,500

n/a

n/a

28

19

10

$299,500

$550,000

$898,500

29

25

22

$309,000

$580,000

Sound
Wes
t
V
a
n
couve
r/Howe

MLS SALES Facts

Whistl
er/Pem
berton
n/a

12,503

5,337

13,160

n/a

16,481

6,879

16,139

n/a

1,052

452

1,012

n/a

1,543

666

1,437

n/a

1,553

636

1,335

% 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

53%

61%

57%

Apartment

1,171

Attached

Attached

2,090

Detached

Detached

69%

Apartment

2,952

79%

Apartment

71%

1,253

Attached

Attached

2,108

Detached

Detached

73%

Apartment

3,253

97%

Apartment

81%

Attached

63

Attached

Detached

106

Detached

175

75%

Apartment

Apartment

90%

104

Attached

81%

159

Detached

Attached

109%

Apartment

Detached

116%

Attached

298

115%

Detached

Apartment

207

73

Attached

Apartment

101

Detached

Coquit
lam
50%

69%

69%

1,436

674

1,850

67%

82%

79%

1,655

691

1,886

60%

108%

122%

94

36

87

76%

154%

98%

136

35

115

88%

100%

102%

123

50

106

Delta South
63%

71%

71%

259

112

829

82%

90%

89%

301

113

739

122%

55%

123%

11

40

138%

113%

118%

24

49

129%

100%

115%

14

47

Islands
- Gulf
n/a

0%

34%

135

n/a

0%

48%

99

n/a

n/a

233%

n/a

n/a

44%

n/a

n/a

300%

54%

61%

60%

616

727

2,113

57%

84%

83%

619

841

2,046

79%

86%

101%

47

43

121

59%

125%

105%

34

65

151

93%

171%

119%

43

45

122

Maple
R
id
g
e/Pitt M
eadow
s
49%

54%

69%

1,511

171

475

66%

74%

83%

1,558

208

432

75%

72%

109%

91

18

22

93%

65%

63%

126

17

40

127%

115%

150%

86

13

24

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

Year-to-date*

Jan. Nov. 2014

Year-to-date*

Jan. Nov. 2015

November
2014

October
2015

November
2015

Number
of
Listings

November
2015

2015

North
Vanco
uver
46%

65%

67%

1,816

570

1,759

71%

83%

79%

1,740

596

1,784

67%

115%

112%

113

34

66

96%

64%

127%

128

56

102

125%

75%

94%

107

51

108

Port C
oquitla
m
45%

68%

79%

750

478

570

63%

80%

84%

777

454

655

68%

79%

88%

53

43

32

67%

100%

110%

63

32

42

75%

126%

91%

53

27

45

Port M
oody/B
elcarra
66%

80%

64%

414

265

435

75%

88%

73%

419

226

433

58%

170%

55%

24

10

31

133%

63%

156%

27

27

27

76%

168%

95%

29

19

21

Richm
ond
45%

63%

55%

3,084

1,592

2,866

58%

81%

73%

3,305

1,512

2,998

62%

74%

89%

202

98

145

65%

96%

100%

248

138

194

77%

118%

108%

256

93

178

Squam
ish
64%

76%

65%

153

220

397

84%

83%

83%

184

277

395

58%

100%

75%

12

18

24

127%

80%

79%

15

35

34

73%

120%

109%

11

20

32

46%

41%

45%

146

98

1,197

66%

63%

66%

116

120

1,066

71%

125%

68%

56

42%

73%

98%

12

11

62

117%

100%

119%

62

Sunsh
ine Co
ast

22

55%

65%

69%

2,381

738

2,403

75%

81%

71%

2,327

667

2,555

68%

102%

118%

172

44

103

96%

84%

83%

160

62

179

97%

127%

94%

144

37

153

Vanco
uver E
ast

11

Burnab

er
New W
estmin
st

Vanco
uver W
est
57%

54%

53%

7,211

1,132

3,158

72%

71%

62%

7,079

1,181

3,068

82%

78%

90%

403

55

130

87%

84%

76%

523

93

215

112%

108%

99%

410

63

166

Sound
50%

50%

46%

347

139

1,689

57%

81%

52%

341

128

1,937

73%

30%

81%

15

10

80

69%

100%

76%

29

153

76%

133%

77%

21

106

Wes
t
V
a
n
couve
r/Howe

MLS LISTINGS Facts

65%

75%

52%

391

357

299

70%

81%

61%

413

361

310

108%

70%

77%

26

27

13

81%

96%

122%

36

26

18

73%

88%

95%

41

42

19

Whistl
er/Pem
berton
n/a

23,467

8,446

22,265

n/a

24,087

8,630

22,511

n/a

1,443

514

1,059

n/a

1,859

718

1,549

n/a

1,551

550

1,291

Listing & Sales Activity Summary

Listings

Sales

1
Nov
2014

2
Oct
2015

3
Nov
2015

5
Nov
2014

6
Oct
2015

7
Nov
2015

106
63
175

159
104
298

101
73
207

-36.5
-29.8
-30.5

86
61
128

128
94
223

116
85
225

-9.4
-9.6
0.9

304
178
461

330
256
669

8.6
43.8
45.1

87
36
94

115
35
136

106
50
123

-7.8
42.9
-9.6

106
39
56

113
54
104

108
50
108

-4.4
-7.4
3.8

347
109
200

347
152
326

0.0
39.4
63.0

40
11
9

49
8
24

47
4
14

-4.1
-50.0
-41.7

49
6
11

58
9
33

54
4
18

-6.9
-55.6
-45.5

168
28
43

170
19
72

1.2
-32.1
67.4

121
43
47

151
65
34

122
45
43

-19.2
-30.8
26.5

122
37
37

159
81
20

145
77
40

-8.8
-4.9
100.0

361
108
92

458
227
99

26.9
110.2
7.6

66
34
113

102
56
128

108
51
107

5.9
-8.9
-16.4

74
39
76

130
36
123

102
38
134

-21.5
5.6
8.9

257
102
242

339
111
368

31.9
8.8
52.1

22
18
91

40
17
126

24
13
86

-40.0
-23.5
-31.7

24
13
68

25
11
117

36
15
109

44.0
36.4
-6.8

86
27
203

91
45
306

5.8
66.7
50.7

31
10
24

27
27
27

21
19
29

-22.2
-29.6
7.4

17
17
14

42
17
36

20
32
22

-52.4
88.2
-38.9

91
44
80

81
60
95

-11.0
36.4
18.8

32
43
53

42
32
63

45
27
53

7.1
-15.6
-15.9

28
34
36

46
32
42

41
34
40

-10.9
6.3
-4.8

106
92
97

129
97
119

21.7
5.4
22.7

145
98
202

194
138
248

178
93
256

-8.2
-32.6
3.2

129
73
126

194
132
161

192
110
198

-1.0
-16.7
23.0

446
286
384

562
326
553

26.0
14.0
44.0

56
4
7

62
11
12

62
7
6

0.0
-36.4
-50.0

38
5
5

61
8
5

74
7
7

21.3
-12.5
40.0

162
9
17

212
19
21

30.9
111.1
23.5

24
18
12

34
35
15

32
20
11

-5.9
-42.9
-26.7

18
18
7

27
28
19

35
24
8

29.6
-14.3
-57.9

69
62
30

95
67
46

37.7
8.1
53.3

103
44
172

179
62
160

153
37
144

-14.5
-40.3
-10.0

122
45
117

149
52
154

144
47
140

-3.4
-9.6
-9.1

431
129
333

437
147
451

1.4
14.0
35.4

130
55
403

215
93
523

166
63
410

-22.8
-32.3
-21.6

117
43
332

163
78
457

165
68
458

1.2
-12.8
0.2

443
166
1180

453
197
1348

2.3
18.7
14.2

13
27
26

18
26
36

19
42
41

5.6
61.5
13.9

10
19
28

22
25
29

18
37
30

-18.2
48.0
3.4

53
76
92

63
98
91

18.9
28.9
-1.1

80
10
15

153
9
29

106
6
21

-30.7
-33.3
-27.6

65
3
11

116
9
20

82
8
16

-29.3
-11.1
-20.0

216
18
54

265
25
61

22.7
38.9
13.0

1056
514
1443

1540
718
1859

1290
550
1551

-16.2
-23.4
-16.6

1005
452
1052

1433
666
1543

1332
636
1553

-7.0
-4.5
0.6

3540
1434
3508

4032
1846
4625

13.9
28.7
31.8

BURNABY
DETACHED
ATTACHED
APARTMENTS

Col. 2 & 3
Percentage
Variance

Col. 6 & 7
Percentage
Variance

9
Sep 2014 Nov 2014

10
Sep 2015 Nov 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

1800

DETACHED

CONDOMINIUM

ATTACHED

APARTMENTS

$500,084

$630,018

$1,579,170

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 November 2015