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MLS HOUSING PRICE INDEX REAL ESTATE BOARD OF GREATER VANCOUVER Preliminary Report August 2006 | DETACHED | | AREA | BENCHMARK | PRICE | 3 MONTH AVG | PRICE | 1 YEAR | 3 YEAR | 5 YEAR | | PRICE | RANGE | BENCHMARK | INDEX | CHANGE | CHANGE | CHANGE | | Greater Vancouver | $653,616 | 0.80% | $649,042 | 193 | 19.1 | 57.7 | 93.5 | | Burnaby | $655,865 | 2.00% | $657,010 | 193 | 20.4 | 55.2 | 94.4 | | Coquitlam | $577,512 | 2.50% | $574,914 | 203.2 | 21.6 | 56.1 | 101.2 | | South Delta | $592,609 | 2.40% | $584,394 | 193.6 | 17.6 | 59.8 | 89.8 | | Maple Ridge | $401,455 | 1.90% | $402,456 | 183.1 | 14.3 | 42.7 | 80.7 | | New Westminster | $529,017 | 4.60% | $514,924 | 218 | 26.7 | 76.3 | 108.2 | | North Vancouver | $766,295 | 2.40% | $758,676 | 191.4 | 14.9 | 46.1 | 95.9 | | Pitt Meadows | $442,509 | 5.30% | $432,345 | 181.6 | 23.7 | 43.4 | 91 | | Port Coquitlam | $483,449 | 3.20% | $469,858 | 204.3 | 17.8 | 53.6 | 98.5 | | Port Moody | $620,472 | 6.40% | $619,713 | 186.5 | 9.3 | 49.1 | 99.3 | | Richmond | $639,859 | 1.40% | $637,303 | 188.9 | 18.6 | 54.4 | 88.9 | | Squamish | $424,830 | 6.10% | $413,102 | 161.4 | 5.4 | 0.2 | 75.9 | | Sunshine Coast | $374,644 | 4.70% | $382,446 | 213.1 | 10.3 | 64.1 | 108.3 | | Vancouver East | $601,720 | 1.80% | $596,817 | 203.8 | 20.9 | 65.8 | 103.6 | | Vancouver West | $1,158,220 | 2.40% | $1,142,007 | 192.2 | 26 | 67.2 | 93.2 | | West Vancouver | $1,293,628 | 4.30% | $1,299,467 | 190.6 | 15.7 | 69.1 | 87.6 |
ATTACHED | AREA | BENCHMARK
PRICE | PRICE
RANGE | 3 MONTH AVG
BENCHMARK | PRICE
INDEX | 1 YEAR
CHANGE | 3 YEAR
CHANGE | 5 YEAR
CHANGE | | Greater Vancouver | $406,676 | 0.8% | $404,563 | 197.3 | 20.0 | 58.9 | 93.1 | | Burnaby | $394,379 | 1.5% | $399,220 | 197.6 | 18.4 | 62.4 | 98.4 | | Coquitlam | $370,081 | 2.6% | $367,109 | 199.6 | 19.0 | 57.8 | 99.3 | | South Delta | $392,562 | 5.2% | $381,035 | 210.2 | 18.6 | 59.7 | 112.4 | | Maple Ridge & Pitt Meadows | $284,222 | 2.0% | $280,458 | 197.2 | 22.4 | 58.3 | 98.2 | | North Vancouver | $519,753 | 2.3% | $514,602 | 203.4 | 16.5 | 61.5 | 109.5 | | Port Coquitlam | $342,082 | 2.7% | $346,245 | 188.1 | 14.9 | 49.1 | 86.4 | | Port Moody | $359,821 | 2.9% | $354,281 | 214.7 | 26.0 | 64.2 | 126.6 | | Richmond | $398,327 | 1.3% | $393,985 | 192.1 | 22.8 | 52.4 | 86.5 | | Vancouver East | $429,606 | 3.3% | $424,435 | 200.9 | 21.3 | 65.4 | 93.9 | | Vancouver West | $597,280 | 3.1% | $598,954 | 213.1 | 17.8 | 62.4 | 108.7 | APARTMENT | AREA | BENCHMARK
PRICE | PRICE
RANGE | 3 MONTH AVG
BENCHMARK | PRICE
INDEX | 1 YEAR
CHANGE | 3 YEAR
CHANGE | 5 YEAR
CHANGE | | Greater Vancouver | $331,519 | 0.6% | $328,546 | 215.7 | 22.1 | 67.0 | 113.3 | | Burnaby | $299,188 | 1.2% | $292,822 | 223.6 | 20.5 | 73.6 | 117.3 | | Coquitlam | $254,238 | 2.0% | $252,862 | 216.8 | 25.1 | 72.2 | 122.2 | | South Delta | $294,429 | 4.1% | $290,586 | 191.7 | 15.3 | 58.6 | 80.6 | | Maple Ridge & Pitt Meadows | $237,654 | 3.4% | $227,532 | 252.4 | 30.8 | 83.1 | 127.3 | | New Westminster | $253,769 | 2.5% | $254,699 | 206.1 | 27.9 | 75.4 | 107.7 | | North Vancouver | $341,979 | 2.0% | $336,449 | 217.6 | 20.3 | 69.7 | 114.0 | | Port Coquitlam | $220,645 | 2.5% | $217,231 | 258.4 | 23.2 | 86.1 | 144.5 | | Port Moody | $272,002 | 2.6% | $270,497 | 232.1 | 21.3 | 81.7 | 118.9 | | Richmond | $275,213 | 1.3% | $271,870 | 223.7 | 25.8 | 76.5 | 121.5 | | Vancouver East | $266,028 | 2.0% | $268,086 | 217.8 | 22.5 | 71.4 | 114.3 | | Vancouver West | $424,583 | 1.0% | $421,876 | 216.0 | 20.0 | 58.8 | 112.4 | | West Vancouver | $583,894 | 7.5% | $574,180 | 209.5 | 26.4 | 72.6 | 109.3 | |
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| HOW TO READ THE TABLE: | | BENCHMARK PRICE: | Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market. | | PRICE RANGE: | Expresed as a + or - percentage of the benchmark price, there is a 90% probability the sale price of a benchmark house is within the interval. | | 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. | | All indexes equal 100 in June 2001. | | Key: * = Sales sample too small; Price information not reported. |
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