News Release FOR IMMEDIATE RELEASE: Fewer home sales and listings in the first quarter VANCOUVER, BC April 4, Home buyers and sellers were less active in Metro Vancouver* throughout the first quarter. The Real Estate Board Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,517 in, a 29.7 per cent decrease from the 3,579 sales recorded in 2017, and a 14 per cent increase compared to February when 2,207 homes sold. Last month s sales were 23 per cent below the 10-year sales average. There were 6,542 home sales on the Multiple Listing Service (MLS ) in Metro Vancouver during the first quarter, a 13.1 per cent decrease from the 7,527 sales over the same period last year. This represents the region s lowest first-quarter sales total since 2013. We saw less demand from buyers and fewer homes listed for sale in our region in the first quarter the year, Phil Moore, REBGV president said. High prices, new tax announcements, rising interest rates, and stricter mortgage requirements are among the factors affecting home buyer and seller activity today. There were 4,450 detached, attached and apartment properties newly listed for sale in Metro Vancouver in. This represents a 6.6 per cent decrease compared to the 4,762 homes listed in 2017 and a 5.4 per cent increase compared to February when 4,223 homes were listed. There were 12,469 homes listed for sale in Metro Vancouver during the first quarter, a 0.8 per cent decrease from the 12,568 sales over the same period last year. This represents the region s lowest first-quarter new listings total since 2013. The total number homes currently listed for sale on the MLS system in Metro Vancouver is 8,380, a 10.5 per cent increase compared to 2017 (7,586) and a 7.1 per cent increase compared to February (7,822). Even with lower demand, upward pressure on prices will continue as long as the supply homes for sale remains low, Moore said. Last month was the quietest for new home listings since 2009 and the total inventory, particularly in the condo and townhome segments, homes for sale remains well below historical norms.
For all property types, the sales-to-active listings ratio for is 30 per cent. By property type, the ratio is 14.2 per cent for detached homes, 39.9 per cent for townhomes, and 61.6 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 ten experience upward pressure when it surpasses 20 per cent over several months. The MLS Home Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,084,000. This represents a 16.1 per cent increase over 2017 and a 1.1 per cent increase compared to February. detached properties in reached 722, a decrease 37 per cent from the 1,150 detached sales recorded in 2017. The benchmark price for detached properties is $1,608,500. This represents a 7.4 per cent increase from 2017 and a 0.4 per cent increase compared to February. apartment properties reached 1,349 in, a decrease 26.7 per cent compared to the 1,841 sales in 2017. The benchmark price an apartment property is $693,500. This represents a 26.2 per cent increase from 2017 and a 1.6 per cent increase compared to February. Attached property sales in totalled 446, a decrease 24.1 per cent compared to the 588 sales in 2017. The benchmark price an attached unit is $835,300. This represents a 17.7 per cent increase from 2017 and a two per cent increase compared to February. -30- *Editor s Note: Areas covered by the Real Estate Board 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-f activity and an estimated 17,600 jobs. The total dollar value residential sales transacted through the MLS system in Greater Vancouver totalled $37 billion in 2017. The Real Estate Board Greater Vancouver is an association representing more than 14,000 REALTORS and their companies. The Board provides a variety 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 Greater Vancouver 604.730.3146 cmunn@rebgv.org
* Property Type Area Benchmark Index 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Residential / Composite Lower Mainland $991,700 279.8 1.5% 4.1% 5.9% 18.7% 67.5% 83.6% 90.6% Greater Vancouver $1,084,000 283.4 1.1% 3.2% 4.5% 16.1% 62.3% 81.1% 91.4% Bowen Island $978,300 212.1 0.4% 2.6% 1.9% 14.8% 65.4% 70.9% 54.5% Burnaby East $993,700 276.4 1.6% 3.2% 4.4% 16.1% 60.0% 78.0% 87.1% Burnaby North $932,900 281.7 0.1% 3.0% 5.3% 14.8% 64.4% 81.4% 88.1% Burnaby South $1,052,900 297.4 1.5% 4.3% 5.6% 17.7% 66.7% 87.6% 103.4% Coquitlam $959,500 284.6 1.5% 3.6% 6.0% 20.6% 72.2% 93.5% 96.0% Ladner $872,900 245.0 0.8% -0.4% 2.1% 10.6% 48.3% 61.1% 73.4% Maple Ridge $731,300 245.9 1.8% 5.7% 8.6% 24.2% 78.6% 86.1% 73.8% New Westminster $708,700 303.8 2.2% 6.2% 9.2% 27.8% 81.3% 91.1% 99.3% North Vancouver $1,138,400 255.8 2.5% 4.3% 4.0% 13.9% 56.1% 76.5% 80.0% Pitt Meadows $738,100 270.0 4.0% 7.2% 10.6% 29.9% 80.4% 95.1% 87.0% Port Coquitlam $777,300 274.2 3.0% 6.0% 8.6% 24.1% 80.3% 93.6% 86.0% Port Moody $957,300 264.6 1.0% 3.7% 7.0% 22.6% 69.2% 92.0% 85.6% Richmond $1,025,400 299.4 0.5% 2.1% 4.6% 15.6% 63.3% 79.9% 102.7% Squamish $826,800 264.7 0.8% 1.7% 4.1% 15.8% 79.2% 114.9% 97.2% Sunshine Coast $610,000 213.7 3.6% 4.6% 4.5% 17.2% 71.8% 79.3% 53.2% Tsawwassen $1,018,500 255.8 2.3% 0.8% 2.2% 9.9% 55.8% 70.5% 79.3% Vancouver East $1,116,700 327.0 1.0% 2.5% 3.3% 14.5% 64.3% 86.8% 113.2% Vancouver West $1,379,100 290.8 0.3% 2.0% 1.7% 12.1% 52.7% 74.9% 89.4% West Vancouver $2,655,700 285.5 0.0% 2.0% 1.1% 6.5% 44.0% 72.1% 93.2% Whistler $981,000 215.7-0.1% 2.6% 5.4% 19.6% 78.4% 110.2% 62.8% Single Family Detached Lower Mainland $1,335,900 283.4 0.6% 1.1% 0.7% 10.1% 58.0% 78.9% 97.5% Greater Vancouver $1,608,500 295.6 0.4% 0.2% -0.5% 7.4% 52.1% 76.5% 102.1% Bowen Island $978,300 212.1 0.4% 2.6% 1.9% 14.8% 65.4% 70.9% 54.5% Burnaby East $1,308,500 292.6 2.1% 1.2% 2.6% 12.8% 57.4% 77.1% 102.6% Burnaby North $1,544,100 298.6 0.7% -2.2% -3.3% 1.7% 45.5% 71.9% 98.5% Burnaby South $1,673,700 320.4-0.5% -0.4% -3.2% 3.8% 51.0% 80.9% 123.3% Coquitlam $1,290,000 286.3 1.0% 0.6% 0.7% 12.0% 59.7% 83.2% 102.0% Ladner $1,008,100 243.0 0.4% -2.1% -0.7% 6.4% 45.6% 58.6% 75.5% Maple Ridge $852,300 242.8 0.5% 3.1% 4.9% 18.6% 75.1% 86.3% 75.6% New Westminster $1,176,600 293.5 1.5% 1.5% 3.3% 12.8% 60.7% 77.7% 103.0% North Vancouver $1,723,200 269.5 2.2% 2.6% 0.6% 7.8% 53.8% 83.5% 90.3% Pitt Meadows $933,300 263.0 2.3% 4.4% 4.6% 20.5% 73.0% 90.4% 89.1% Port Coquitlam $1,028,000 274.1 4.2% 3.2% 3.2% 15.5% 67.6% 87.1% 91.9% Port Moody $1,484,800 274.2 0.1% -1.1% -0.8% 10.1% 58.3% 82.8% 91.9% Richmond $1,708,400 343.1 0.6% 0.9% 0.8% 9.7% 58.1% 80.4% 128.0% Squamish $1,006,100 256.8 1.3% -1.0% 1.1% 9.7% 73.3% 104.0% 92.5% Sunshine Coast $606,000 212.3 3.6% 4.5% 4.4% 17.1% 71.6% 78.9% 52.2% Tsawwassen $1,273,900 274.3 2.0% -0.6% 0.3% 8.0% 60.0% 77.9% 92.1% Vancouver East $1,553,100 343.3-0.5% -0.4% -0.8% 6.9% 53.0% 88.7% 134.3% Vancouver West $3,449,000 354.1-1.5% -3.0% -5.6% -0.4% 40.9% 70.0% 118.0% West Vancouver $3,115,400 294.1-0.8% 0.7% -0.7% 4.5% 40.9% 72.9% 93.4% Whistler $1,672,000 212.0-0.5% 1.0% 1.7% 8.5% 63.3% 84.7% 59.6% HOW TO READ THE TABLE: Benchmark : Estimated sale price a benchmark property. Benchmarks represent a typical property within each market. 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 : Percentage change index over a period 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 The Canadian Real Estate Association 1 15
* Property Type Area Benchmark Index 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Townhouse Lower Mainland $708,300 256.0 2.0% 4.6% 7.1% 20.4% 68.3% 78.0% 78.5% Greater Vancouver $835,300 269.5 2.0% 3.9% 6.2% 17.7% 65.2% 79.3% 86.1% Burnaby East $690,100 254.9 0.8% 4.7% 8.4% 18.3% 58.7% 69.9% 74.9% Burnaby North $753,900 281.4 0.2% 3.5% 7.4% 17.1% 62.8% 76.9% 86.5% Burnaby South $827,100 284.9 2.4% 8.1% 10.6% 21.8% 65.4% 80.9% 95.1% Coquitlam $689,300 252.9 1.3% 4.0% 7.5% 18.2% 65.7% 78.6% 79.4% Ladner $779,700 271.9-0.4% 0.4% 5.0% 16.8% 60.0% 74.1% 81.5% Maple Ridge $575,100 267.0 4.3% 9.0% 11.8% 29.2% 86.7% 91.3% 84.6% New Westminster $708,600 280.2-0.6% 2.2% 6.0% 16.6% 63.4% 76.1% 88.4% North Vancouver $1,005,400 244.3 0.7% 2.3% 4.2% 10.7% 58.5% 69.7% 74.9% Pitt Meadows $626,500 271.1 6.7% 6.5% 9.4% 27.8% 86.3% 94.1% 87.0% Port Coquitlam $673,600 254.1 2.7% 6.5% 6.0% 20.8% 75.6% 81.1% 77.9% Port Moody $659,800 223.0 2.3% 4.9% 9.0% 26.3% 52.0% 63.9% 54.9% Richmond $830,700 273.0 1.4% 2.8% 3.6% 13.4% 59.0% 72.0% 90.4% Squamish $851,300 309.3 0.3% 0.9% 5.8% 14.9% 90.3% 160.1% 129.8% Tsawwassen $755,000 281.2-0.1% 0.0% 2.4% 12.4% 64.1% 73.5% 87.7% Vancouver East $908,200 298.1 4.5% 3.3% 6.7% 22.2% 69.0% 77.3% 89.3% Vancouver West $1,271,000 280.7 1.7% 2.3% 0.5% 11.3% 57.3% 76.1% 90.6% Whistler $1,010,400 270.2 1.7% 1.1% 10.8% 18.9% 77.8% 134.1% 105.9% Apartment Lower Mainland $656,200 286.9 2.2% 7.5% 12.1% 30.6% 83.0% 93.1% 87.8% Greater Vancouver $693,500 278.7 1.6% 5.8% 9.1% 26.2% 75.4% 87.9% 84.6% Burnaby East $727,800 276.3 3.0% 6.8% 6.6% 30.9% 74.2% 94.0% 74.5% Burnaby North $641,600 273.9-0.1% 6.4% 11.3% 26.0% 84.3% 92.5% 83.6% Burnaby South $727,300 292.0 2.4% 6.1% 9.4% 26.0% 80.4% 94.9% 97.2% Coquitlam $536,300 294.3 2.1% 6.6% 11.2% 33.0% 95.5% 115.9% 92.4% Ladner $459,300 217.7 3.6% 5.2% 8.6% 19.0% 41.8% 52.5% 53.9% Maple Ridge $316,100 228.3 2.7% 12.0% 20.5% 46.0% 83.8% 78.8% 48.4% New Westminster $543,300 309.7 2.7% 7.9% 11.2% 34.8% 91.9% 97.6% 99.3% North Vancouver $601,400 244.8 3.6% 7.3% 8.7% 24.3% 61.9% 72.2% 70.8% Pitt Meadows $469,300 277.4 3.8% 11.0% 19.6% 45.7% 85.2% 101.3% 80.4% Port Coquitlam $478,600 286.2 2.3% 8.4% 15.5% 35.6% 99.3% 110.6% 82.4% Port Moody $675,000 281.3 1.0% 6.7% 12.3% 32.4% 88.5% 116.1% 99.4% Richmond $659,700 281.6 0.3% 3.5% 10.2% 26.9% 79.0% 89.1% 90.0% Squamish $491,000 236.5 0.6% 5.6% 5.2% 29.9% 84.3% 103.5% 74.2% Tsawwassen $490,600 206.9 4.2% 6.1% 8.7% 19.0% 46.6% 54.2% 46.2% Vancouver East $577,600 318.7 2.2% 5.9% 7.9% 24.3% 82.5% 89.5% 96.4% Vancouver West $844,700 274.1 1.1% 4.7% 6.1% 20.6% 64.0% 81.8% 81.2% West Vancouver $1,278,600 259.0 3.4% 9.2% 10.8% 18.5% 68.6% 70.3% 94.4% Whistler $535,300 175.5-2.2% 5.5% 1.7% 30.1% 108.7% 130.3% 31.4% HOW TO READ THE TABLE: Benchmark : Estimated sale price a benchmark property. Benchmarks represent a typical property within each market. 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 : Percentage change index over a period 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 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 The Canadian Real Estate Association 2 15
Mar Jan Nov 2017 Sep 2017 Jul 2017 May 2017 Mar 2017 Jan 2017 C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif Greater Vancouver 5 Year Trend Residential Detached Townhouse Apartment Jan 2005 HPI = 100 310 260 210 Index 160 110 60 Nov 2016 Sep 2016 Jul 2016 May 2016 Mar 2016 Jan 2016 Nov 2015 Sep 2015 Jul 2015 May 2015 Mar 2015 Jan 2015 Nov 2014 Sep 2014 Jul 2014 May 2014 Mar 2014 Jan 2014 Nov 2013 Sep 2013 Jul 2013 May 2013 Mar 2013
3 25 MLS SALES Facts Burnaby Coquitlam Delta - South Islands - Gulf Maple Ridge/Pitt Meadows New Westminster North Vancouver Port Coquitlam Port Moody/Belcarra Richmond Squamish Sunshine Coast Vancouver East Vancouver West West Vancouver/Howe Sound Whistler/Pemberton Detached 50 78 34 5 113 20 67 31 7 77 25 44 83 53 26 9 722 Attached 58 35 9 0 47 15 30 30 17 67 14 9 44 39 2 30 446 Apartment 150 91 20 0 53 111 117 41 33 161 8 10 156 349 14 35 1,349 Detached $1,785,000 $1,375,000 $1,236,000 n/a $865,000 $1,126,500 $1,790,000 $1,025,000 n/a $1,687,000 $942,000 $597,500 $1,600,000 $2,981,500 $2,915,000 n/a Attached $797,100 $899,000 n/a n/a $540,000 n/a $1,105,000 $726,500 n/a $895,000 n/a n/a $1,112,000 $1,538,000 n/a $1,289,500 n/a Apartment $594,000 $540,000 $555,000 n/a $403,000 $536,500 $640,000 $480,000 $642,000 $613,500 n/a n/a $621,950 $806,500 n/a $544,900 February Detached 52 60 30 1 85 22 58 27 8 52 18 35 77 53 24 19 621 Attached 60 30 7 1 39 12 20 19 12 66 20 7 37 44 5 22 401 Apartment 144 87 11 0 65 66 87 38 22 143 18 4 127 332 12 29 1,185 Detached $1,720,000 $1,340,000 $1,100,000 n/a $882,500 $1,300,000 $1,740,000 $1,025,000 n/a $1,700,000 n/a $670,000 $1,600,000 $3,433,333 $2,855,000 n/a Attached $792,950 $771,000 n/a n/a $577,750 n/a $988,000 n/a n/a $854,350 $636,000 n/a $1,180,000 $1,385,000 n/a $1,179,000 n/a Apartment $595,150 $546,000 n/a n/a $405,000 $535,000 $709,500 $434,850 $599,500 $568,000 n/a n/a $632,222 $873,000 n/a $460,000 2017 Detached 100 99 67 4 122 26 98 49 22 151 30 59 155 95 59 14 1,150 Attached 69 49 16 0 67 21 34 34 16 109 22 6 45 64 9 27 588 Apartment 220 153 20 0 98 119 126 56 45 275 17 7 180 454 28 43 1,841 Detached $1,627,500 $1,225,000 $1,100,000 n/a $746,250 $1,084,000 $1,725,000 $870,000 $1,270,000 $1,698,000 $952,000 $549,000 $1,540,000 $3,500,000 $3,212,500 n/a Attached $780,000 $753,000 n/a n/a $453,250 $707,000 $979,500 $588,500 n/a $818,000 $602,450 n/a $999,900 $1,375,000 n/a $550,000 n/a Apartment $496,000 $460,000 $474,450 n/a $298,450 $429,900 $542,000 $337,400 $486,000 $471,500 n/a n/a $515,000 $710,000 $970,000 $332,000 Jan. - Mar. Year-to-date Detached 158 194 78 7 272 53 155 71 18 195 49 115 205 152 65 43 1,830 Attached 153 84 24 1 128 40 77 65 40 194 44 21 106 107 11 71 1,166 Apartment 406 258 44 0 200 249 279 108 87 449 32 20 350 924 49 91 3,546 Detached $1,695,000 $1,337,500 $1,128,000 n/a $879,000 $1,265,000 $1,740,000 $1,000,000 n/a $1,700,000 $918,000 $623,324 $1,600,000 $3,315,000 $2,910,000 $2,075,000 Attached $770,000 $816,250 $749,000 n/a $555,000 $778,000 $1,025,000 $708,000 $735,000 $876,000 $653,500 $369,900 $1,122,000 $1,450,000 n/a $1,188,000 n/a Apartment $601,688 $547,000 $539,950 n/a $376,000 $525,000 $670,000 $441,000 $600,786 $585,000 $461,950 $495,550 $625,900 $850,000 $1,320,000 $419,000 Jan. - Mar. 2017 Year-to-date Detached 187 200 121 12 258 44 220 90 42 298 62 135 288 224 114 44 2,339 Attached 132 98 47 1 148 40 80 64 35 225 47 22 85 128 18 76 1,246 Apartment 465 310 46 0 172 253 279 124 98 575 39 29 374 1,034 57 86 3,941 Detached $1,559,823 $1,200,000 $1,065,000 n/a $725,000 $1,056,500 $1,653,000 $870,000 $1,280,000 $1,620,000 $872,500 $538,000 $1,499,500 $3,250,000 $3,137,500 $1,890,000 Attached $725,250 $710,000 $649,000 n/a $453,250 $645,500 $941,500 $562,000 $574,000 $781,500 $593,000 $352,000 $968,000 $1,332,500 n/a $734,500 n/a Apartment $495,000 $460,000 $474,450 n/a $295,750 $420,000 $530,000 $335,000 $473,000 $460,000 $357,000 $290,000 $521,900 $698,000 $1,020,000 $317,000 Note: s are not reported for areas with less than 20 sales or for the Gulf Islands
3 25 MLS LISTINGS Facts Burnaby Coquitlam Delta - South Islands - Gulf Maple Ridge/Pitt Meadows New Westminster North Vancouver Port Coquitlam Port Moody/Belcarra Richmond Squamish Sunshine Coast Vancouver East Vancouver West West Vancouver/Howe Sound Whistler/Pemberton % to Detached 154 159 89 12 178 35 157 52 24 213 36 103 235 230 109 26 1,812 Attached 88 48 11 2 60 17 57 27 22 116 14 16 73 90 12 52 705 Apartment 205 112 39 0 67 141 143 46 34 275 16 10 201 565 32 47 1,933 Detached 32% 49% 38% 42% 63% 57% 43% 60% 29% 36% 69% 43% 35% 23% 24% 35% Attached 66% 73% 82% 0% 78% 88% 53% 111% 77% 58% 100% 56% 60% 43% 17% 58% n/a Apartment 73% 81% 51% n/a 79% 79% 82% 89% 97% 59% 50% 100% 78% 62% 44% 74% February % to Detached 159 128 82 4 150 34 147 43 29 283 43 68 216 248 155 21 1,810 Attached 83 52 11 2 47 13 38 35 23 116 25 16 66 96 14 32 669 Apartment 169 114 19 0 74 90 131 49 34 237 19 4 187 536 34 47 1,744 Detached 33% 47% 37% 25% 57% 65% 39% 63% 28% 18% 42% 51% 36% 21% 15% 90% Attached 72% 58% 64% 50% 83% 92% 53% 54% 52% 57% 80% 44% 56% 46% 36% 69% n/a Apartment 85% 76% 58% n/a 88% 73% 66% 78% 65% 60% 95% 100% 68% 62% 35% 62% 2017 % to Detached 171 154 103 8 185 35 154 59 29 255 50 98 259 195 155 22 1,932 Attached 74 68 13 2 61 22 39 35 23 149 35 13 51 93 15 27 720 Apartment 273 150 28 0 123 147 142 74 43 273 18 10 208 531 38 52 2,110 Detached 58% 64% 65% 50% 66% 74% 64% 83% 76% 59% 60% 60% 60% 49% 38% 64% Attached 93% 72% 123% 0% 110% 95% 87% 97% 70% 73% 63% 46% 88% 69% 60% 100% n/a Apartment 81% 102% 71% n/a 80% 81% 89% 76% 105% 101% 94% 70% 87% 85% 74% 83% Jan. - Mar. Year-to-date* % to Detached 477 426 255 24 445 96 448 132 73 732 118 237 627 746 401 60 5,297 Attached 249 142 36 6 170 58 129 91 59 336 55 36 212 267 42 104 1,992 Apartment 554 311 76 0 199 314 385 131 101 710 60 24 531 1,554 97 133 5,180 Detached 33% 46% 31% 29% 61% 55% 35% 54% 25% 27% 42% 49% 33% 20% 16% 72% Attached 61% 59% 67% 17% 75% 69% 60% 71% 68% 58% 80% 58% 50% 40% 26% 68% n/a Apartment 73% 83% 58% n/a 101% 79% 72% 82% 86% 63% 53% 83% 66% 59% 51% 68% Jan. - Mar. 2017 Year-to-date* % to Detached 498 383 276 17 427 77 427 146 77 789 116 226 658 670 437 62 5,286 Attached 219 139 55 3 198 62 108 89 46 357 92 30 152 233 40 90 1,913 Apartment 680 388 68 0 243 342 381 179 121 690 45 28 525 1,481 77 121 5,369 Detached 38% 52% 44% 71% 60% 57% 52% 62% 55% 38% 53% 60% 44% 33% 26% 71% Attached 60% 71% 85% 33% 75% 65% 74% 72% 76% 63% 51% 73% 56% 55% 45% 84% n/a Apartment 68% 80% 68% n/a 71% 74% 73% 69% 81% 83% 87% 104% 71% 70% 74% 71% * Year-to-date listings represent a cumulative total listings rather than total active listings.
Listing & Activity Summary 1 2 3 Col. 2 & 3 5 6 7 Col. 6 & 7 9 10 Col. 9 & 10 Mar Feb Mar Percentage Mar Feb Mar Percentage Jan 2017 - Jan - Percentage 2017 Variance 2017 Variance Mar 2017 Mar Variance BURNABY % % % DETACHED 171 159 154-3.1 100 52 50-3.8 187 158-15.5 ATTACHED 74 83 88 6.0 69 60 58-3.3 132 153 15.9 APARTMENTS 273 169 205 21.3 220 144 150 4.2 465 406-12.7 COQUITLAM DETACHED 154 128 159 24.2 99 60 78 30.0 200 194-3.0 ATTACHED 68 52 48-7.7 49 30 35 16.7 98 84-14.3 APARTMENTS 150 114 112-1.8 153 87 91 4.6 310 258-16.8 DELTA DETACHED 103 82 89 8.5 67 30 34 13.3 121 78-35.5 ATTACHED 13 11 11 0.0 16 7 9 28.6 47 24-48.9 APARTMENTS 28 19 39 105.3 20 11 20 81.8 46 44-4.3 MAPLE RIDGE/PITT MEADOWS DETACHED 185 150 178 18.7 122 85 113 32.9 258 272 5.4 ATTACHED 61 47 60 27.7 67 39 47 20.5 148 128-13.5 APARTMENTS 123 74 67-9.5 98 65 53-18.5 172 200 16.3 NORTH VANCOUVER DETACHED 154 147 157 6.8 98 58 67 15.5 220 155-29.5 ATTACHED 39 38 57 50.0 34 20 30 50.0 80 77-3.8 APARTMENTS 142 131 143 9.2 126 87 117 34.5 279 279 0.0 NEW WESTMINSTER DETACHED 35 34 35 2.9 26 22 20-9.1 44 53 20.5 ATTACHED 22 13 17 30.8 21 12 15 25.0 40 40 0.0 APARTMENTS 147 90 141 56.7 119 66 111 68.2 253 249-1.6 PORT MOODY/BELCARRA DETACHED 29 29 24-17.2 22 8 7-12.5 42 18-57.1 ATTACHED 23 23 22-4.3 16 12 17 41.7 35 40 14.3 APARTMENTS 43 34 34 0.0 45 22 33 50.0 98 87-11.2 PORT COQUITLAM DETACHED 59 43 52 20.9 49 27 31 14.8 90 71-21.1 ATTACHED 35 35 27-22.9 34 19 30 57.9 64 65 1.6 APARTMENTS 74 49 46-6.1 56 38 41 7.9 124 108-12.9 RICHMOND DETACHED 255 283 213-24.7 151 52 77 48.1 298 195-34.6 ATTACHED 149 116 116 0.0 109 66 67 1.5 225 194-13.8 APARTMENTS 273 237 275 16.0 275 143 161 12.6 575 449-21.9 SUNSHINE COAST DETACHED 98 68 103 51.5 59 35 44 25.7 135 115-14.8 ATTACHED 13 16 16 0.0 6 7 9 28.6 22 21-4.5 APARTMENTS 10 4 10 150.0 7 4 10 150.0 29 20-31.0 SQUAMISH DETACHED 50 43 36-16.3 30 18 25 38.9 62 49-21.0 ATTACHED 35 25 14-44.0 22 20 14-30.0 47 44-6.4 APARTMENTS 18 19 16-15.8 17 18 8-55.6 39 32-17.9 VANCOUVER EAST DETACHED 259 216 235 8.8 155 77 83 7.8 288 205-28.8 ATTACHED 51 66 73 10.6 45 37 44 18.9 85 106 24.7 APARTMENTS 208 187 201 7.5 180 127 156 22.8 374 350-6.4 VANCOUVER WEST DETACHED 195 248 230-7.3 95 53 53 0.0 224 152-32.1 ATTACHED 93 96 90-6.3 64 44 39-11.4 128 107-16.4 APARTMENTS 531 536 565 5.4 454 332 349 5.1 1034 924-10.6 WHISTLER/PEMBERTON DETACHED 22 21 26 23.8 14 19 9-52.6 44 43-2.3 ATTACHED 27 32 52 62.5 27 22 30 36.4 76 71-6.6 APARTMENTS 52 47 47 0.0 43 29 35 20.7 86 91 5.8 WEST VANCOUVER/HOWE SOUND DETACHED 155 155 109-29.7 59 24 26 8.3 114 65-43.0 ATTACHED 15 14 12-14.3 9 5 2-60.0 18 11-38.9 APARTMENTS 38 34 32-5.9 28 12 14 16.7 57 49-14.0 GRAND TOTALS DETACHED 1924 1806 1800-0.3 1146 620 717 15.6 2327 1823-21.7 ATTACHED 718 667 703 5.4 588 400 446 11.5 1245 1165-6.4 APARTMENTS 2110 1744 1933 10.8 1841 1185 1349 13.8 3941 3546-10.0
2017 2016 2015 2014 2013 2012 2011 2010 2009 Residential Average Sale s - January 1977 to IN THOUSANDS ($) DETACHED CONDOMINIUM ATTACHED APARTMENTS 2000 1800 1600 1400 1200 1000 800 600 400 200 0 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 NOTE: From 1977-1984 condominium averages were not separated into attached & apartment. $1,607,886 $966,221 $723,827