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Greater Vancouver Housing Price Index |
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Monday, 23 October 2006 |
September '06
PRELIMINARY REPORT | MLS HOUSING PRICE INDEX
REAL ESTATE BOARD OF GREATER VANCOUVER |
DETACHED | AREA | BENCHMARK
PRICE | PRICE
RANGE | 3 MONTH AVG
BENCHMARK | PRICE
INDEX | 1 YEAR
CHANGE | 3 YEAR
CHANGE | 5 YEAR
CHANGE | | Greater Vancouver | $659,269 | 0.8% | $652,448 | 194.7 | 18.2 | 56.7 | 92.5 | | Burnaby | $660,806 | 2.2% | $659,196 | 194.5 | 18.7 | 56.0 | 93.4 | | Coquitlam | $592,838 | 2.6% | $583,082 | 208.5 | 21.1 | 57.7 | 101.8 | | South Delta | $576,115 | 2.9% | $581,975 | 188.3 | 7.4 | 47.5 | 87.3 | | Maple Ridge | $412,461 | 2.0% | $405,272 | 188.2 | 14.7 | 45.2 | 87.9 | | New Westminster | $511,206 | 5.0% | $513,352 | 210.7 | 14.5 | 74.0 | 117.3 | | North Vancouver | $762,703 | 2.3% | $760,166 | 190.5 | 14.7 | 42.6 | 86.9 | | Pitt Meadows | $440,557 | 5.7% | $438,173 | 180.8 | 21.5 | 42.0 | 80.5 | | Port Coquitlam | $476,778 | 3.2% | $473,658 | 201.5 | 19.5 | 48.7 | 102.6 | | Port Moody | $586,111 | 8.0% | $592,968 | 176.2 | 10.6 | 23.6 | 70.3 | | Richmond | $650,356 | 1.5% | $642,250 | 192.0 | 19.1 | 56.7 | 87.1 | | Squamish | $475,306 | 7.2% | $431,789 | 180.5 | 18.8 | 6.5 | 61.6 | | Sunshine Coast | $383,022 | 4.6% | $380,808 | 217.9 | 12.8 | 70.3 | 123.5 | | Vancouver East | $614,869 | 1.8% | $601,632 | 208.3 | 21.9 | 68.5 | 106.2 | | Vancouver West | $1,156,304 | 2.4% | $1,151,793 | 191.9 | 20.4 | 62.5 | 88.2 | | West Vancouver | $1,298,998 | 4.8% | $1,290,762 | 191.4 | 18.9 | 67.2 | 93.6 |
ATTACHED | AREA | BENCHMARK
PRICE | PRICE
RANGE | 3 MONTH AVG
BENCHMARK | PRICE
INDEX | 1 YEAR
CHANGE | 3 YEAR
CHANGE | 5 YEAR
CHANGE | | Greater Vancouver | $411,898 | 0.9% | $407,704 | 199.8 | 19.6 | 58.0 | 100.1 | | Burnaby | $397,280 | 1.7% | $398,512 | 199.0 | 15.8 | 60.9 | 104.2 | | Coquitlam | $372,885 | 2.6% | $369,469 | 201.1 | 15.9 | 57.0 | 95.1 | | South Delta | $399,545 | 7.5% | $390,621 | 214.0 | 25.8 | 67.7 | 109.1 | | Maple Ridge & Pitt Meadows | $282,821 | 2.1% | $282,717 | 196.2 | 19.0 | 62.1 | 100.6 | | North Vancouver | $520,881 | 2.6% | $520,534 | 203.9 | 16.7 | 55.7 | 105.1 | | Port Coquitlam | $350,823 | 3.5% | $348,296 | 192.9 | 16.2 | 50.8 | 86.0 | | Port Moody | $359,690 | 3.8% | $356,636 | 214.7 | 29.6 | 69.2 | 115.8 | | Richmond | $399,639 | 1.6% | $396,788 | 192.7 | 21.2 | 49.4 | 89.4 | | Vancouver East | $437,923 | 3.2% | $429,310 | 204.8 | 25.8 | 64.7 | 111.6 | | Vancouver West | $631,059 | 3.6% | $606,713 | 225.2 | 19.6 | 67.2 | 129.2 | APARTMENT | AREA | BENCHMARK
PRICE | PRICE
RANGE | 3 MONTH AVG
BENCHMARK | PRICE
INDEX | 1 YEAR
CHANGE | 3 YEAR
CHANGE | 5 YEAR
CHANGE | | Greater Vancouver | $334,482 | 0.6% | $331,656 | 217.6 | 21.6 | 67.4 | 113.8 | | Burnaby | $298,821 | 1.3% | $296,912 | 223.4 | 19.3 | 71.1 | 120.9 | | Coquitlam | $260,559 | 2.3% | $256,353 | 222.2 | 26.3 | 72.7 | 116.5 | | South Delta | $310,184 | 5.4% | $298,354 | 202.0 | 24.9 | 56.4 | 97.3 | | Maple Ridge & Pitt Meadows | $227,176 | 4.2% | $231,145 | 241.2 | 27.5 | 91.7 | 123.3 | | New Westminster | $256,336 | 2.4% | $254,050 | 208.2 | 26.1 | 72.6 | 112.8 | | North Vancouver | $341,575 | 2.1% | $340,547 | 217.3 | 17.2 | 66.9 | 116.6 | | Port Coquitlam | $223,563 | 2.4% | $219,992 | 261.8 | 20.7 | 87.0 | 146.1 | | Port Moody | $274,392 | 2.7% | $271,553 | 234.1 | 15.7 | 81.4 | 134.8 | | Richmond | $280,581 | 1.3% | $275,857 | 228.0 | 26.9 | 78.6 | 124.9 | | Vancouver East | $271,469 | 2.4% | $268,391 | 222.2 | 21.8 | 73.2 | 114.5 | | Vancouver West | $426,810 | 1.1% | $424,501 | 217.1 | 19.8 | 61.8 | 109.6 | | West Vancouver | $601,004 | 12.0% | $599,517 | 215.7 | 25.3 | 69.4 | 119.9 | |
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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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