News Release
FOR IMMEDIATE RELEASE:
Housing supply up, home sales and prices down in June VANCOUVER, BC – July 3, 2019 –With home buyer demand below long-term historical
averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver*.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and a 21.3 per cent decrease from the 2,638 homes sold in May 2019.
Last month’s sales were 34.7 per cent below the 10-year June sales average. This is the lowest total for the month since 2000.
“We’re continuing to see an expectation gap between home buyers and sellers in Metro Vancouver,” said Ashley Smith, REBGV president. “Sellers are often trying to get yesterday’s values for their homes while buyers are taking a cautious, wait-and-see approach.”
On the supply side, there were 4,751 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2019. This represents a 10 per cent decrease compared to the 5,279 homes listed in June 2018 and an 18.9 per cent decrease compared to May 2019 when 5,861 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 14,968, a 25.3 per cent increase compared to June 2018 (11,947) and a 1.9 per cent increase compared to May 2019 (14,685).
“Home buyers haven’t had this much selection to choose from in five years,” Smith said. “For sellers to be successful in today’s market, it’s important to work with your local REALTOR® to make sure you’re pricing your home for these conditions.”
For all property types, the sales-to-active listings ratio for June 2019 is 13.9 per cent. By property type, the ratio is 11.4 per cent for detached homes, 15.8 per cent for townhomes, and 15.7 per cent for apartments.
Generally, analysts say that downward pressure on home prices occurs when the ratio dips below 12 per cent 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 $998,700. This represents a 9.6 per cent decrease over June 2018 and a 0.8 per cent decrease compared to May 2019.
This is the first time the composite benchmark has been below $1 million since May 2017.
Sales of detached homes in June 2019 reached 746, a 2.6 per cent decrease from the 766 detached sales recorded in June 2018. The benchmark price for detached properties is $1,423,500. This represents a 10.9 per cent decrease from June 2018 and a 0.1 per cent increase compared to May 2019.
Sales of apartment homes reached 941 in June 2019, a 24.1 per cent decrease compared to the 1,240 sales in June 2018. The benchmark price of an apartment property is $654,700. This represents an 8.9 per cent decrease from June 2018 and a 1.4 per cent decrease compared to May 2019.
Attached home sales in June 2019 totalled 390, a 6.9 per cent decrease compared to the 419 sales in June 2018. The benchmark price of an attached unit is $774,700. This represents an 8.6 per cent decrease from June 2018 and a 0.6 per cent decrease compared to May 2019.
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*Editor’s Note: Areas covered by the Real Estate Board of Greater Vancouver include Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.
The real estate industry is a key economic driver in British Columbia. In 2018, 24,619 homes changed ownership in the Board’s area, generating $1.7 billion in economic spin-off activity and an estimated 11,720 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $26 billion in 2018.
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
cmunn@rebgv.org
*
June 2019
|
Property Type |
Area |
Benchmark Price |
Price Index |
1 Month Change % |
3 Month Change % |
6 Month Change % |
1 Year Change % |
3 Year Change % |
5 Year Change % |
10 Year Change % |
|
Residential / Composite |
Lower Mainland |
$946,900 |
260.6 |
-0.7% |
-1.0% |
-2.4% |
-8.5% |
12.5% |
62.4% |
95.2% |
|
Greater Vancouver |
$998,700 |
259.8 |
-0.8% |
-1.4% |
-3.3% |
-9.6% |
6.8% |
55.6% |
92.4% |
|
|
Bowen Island |
$976,500 |
211.7 |
1.1% |
-1.1% |
-2.5% |
-5.5% |
26.8% |
66.4% |
70.5% |
|
|
Burnaby East |
$934,900 |
259.3 |
-0.5% |
-0.5% |
-3.5% |
-11.0% |
6.4% |
54.3% |
91.9% |
|
|
Burnaby North |
$872,300 |
263.4 |
-0.9% |
0.3% |
-2.0% |
-7.8% |
10.9% |
59.0% |
95.1% |
|
|
Burnaby South |
$957,700 |
270.5 |
-1.5% |
-2.4% |
-3.5% |
-10.6% |
11.8% |
60.9% |
100.8% |
|
|
Coquitlam |
$890,000 |
264.0 |
-0.5% |
-1.6% |
-3.3% |
-9.6% |
13.1% |
68.4% |
106.3% |
|
|
Ladner |
$800,600 |
225.4 |
-0.4% |
-0.5% |
-4.6% |
-7.5% |
-4.8% |
46.5% |
73.3% |
|
|
Maple Ridge |
$758,400 |
241.5 |
-0.4% |
0.8% |
-1.2% |
-6.8% |
27.0% |
76.8% |
90.5% |
|
|
New Westminster |
$652,200 |
286.9 |
-1.2% |
0.7% |
-3.8% |
-8.5% |
27.7% |
74.3% |
107.0% |
|
|
North Vancouver |
$1,036,300 |
232.9 |
-0.2% |
-0.6% |
-2.2% |
-9.3% |
2.4% |
50.4% |
82.1% |
|
|
Pitt Meadows |
$751,800 |
273.3 |
1.6% |
0.3% |
-1.4% |
-6.7% |
35.2% |
85.9% |
106.4% |
|
|
Port Coquitlam |
$743,200 |
254.4 |
-0.4% |
-0.3% |
-1.0% |
-8.7% |
20.5% |
72.7% |
92.3% |
|
|
Port Moody |
$903,000 |
249.6 |
-0.3% |
-0.2% |
-2.0% |
-9.2% |
18.9% |
69.1% |
96.5% |
|
|
Richmond |
$910,500 |
270.7 |
-1.1% |
-2.1% |
-4.8% |
-10.1% |
4.8% |
55.8% |
97.4% |
|
|
Squamish |
$765,900 |
243.7 |
0.2% |
1.4% |
0.7% |
-4.7% |
22.8% |
82.3% |
95.6% |
|
|
Sunshine Coast |
$604,800 |
211.9 |
-0.1% |
-0.8% |
-2.5% |
-4.1% |
30.2% |
69.7% |
66.1% |
|
|
T sawwassen |
$931,600 |
233.5 |
0.6% |
-0.2% |
-3.8% |
-7.7% |
-6.5% |
51.8% |
78.8% |
|
|
Vancouver East |
$1,039,200 |
305.1 |
-1.4% |
-2.7% |
-3.4% |
-9.8% |
4.3% |
55.6% |
109.8% |
|
|
Vancouver West |
$1,216,100 |
253.4 |
-1.4% |
-3.0% |
-5.4% |
-12.3% |
-4.2% |
41.2% |
81.5% |
|
|
West Vancouver |
$2,105,300 |
231.8 |
1.8% |
-1.1% |
-5.4% |
-14.9% |
-19.2% |
25.4% |
87.1% |
|
|
Whistler |
$893,400 |
208.2 |
0.5% |
2.2% |
2.1% |
-2.7% |
30.7% |
81.2% |
67.0% |
|
|
Single Family Detached |
Lower Mainland |
$1,223,300 |
259.4 |
-0.1% |
-0.8% |
-2.4% |
-8.8% |
-1.9% |
53.3% |
99.8% |
|
Greater Vancouver |
$1,423,500 |
261.9 |
0.1% |
-1.2% |
-4.0% |
-10.9% |
-9.2% |
44.7% |
98.3% |
|
|
Bowen Island |
$976,500 |
211.7 |
1.1% |
-1.1% |
-2.5% |
-5.5% |
26.8% |
66.4% |
70.5% |
|
|
Burnaby East |
$1,180,600 |
264.0 |
1.5% |
2.2% |
2.1% |
-11.9% |
-5.5% |
50.1% |
97.2% |
|
|
Burnaby North |
$1,399,800 |
270.7 |
-0.6% |
-0.8% |
-3.4% |
-9.0% |
-14.2% |
40.5% |
100.5% |
|
|
Burnaby South |
$1,496,100 |
286.4 |
-0.8% |
-3.2% |
-4.7% |
-12.6% |
-10.6% |
47.1% |
113.6% |
|
|
Coquitlam |
$1,166,100 |
258.8 |
0.2% |
0.4% |
-4.0% |
-11.2% |
-4.4% |
55.6% |
103.1% |
|
|
Ladner |
$960,000 |
231.4 |
-1.4% |
0.6% |
-0.5% |
-3.8% |
-8.0% |
51.4% |
81.8% |
|
|
Maple Ridge |
$824,200 |
234.8 |
0.2% |
1.3% |
0.0% |
-6.4% |
19.0% |
74.8% |
91.7% |
|
|
New Westminster |
$1,051,100 |
262.2 |
0.4% |
1.2% |
-0.6% |
-11.6% |
-4.0% |
50.0% |
94.4% |
|
|
North Vancouver |
$1,524,800 |
240.1 |
1.1% |
0.7% |
-1.4% |
-9.0% |
-9.3% |
48.2% |
91.0% |
|
|
Pitt Meadows |
$904,200 |
254.8 |
2.7% |
-0.9% |
-0.9% |
-5.5% |
18.9% |
77.7% |
99.5% |
|
|
Port Coquitlam |
$923,700 |
246.3 |
0.2% |
0.3% |
-2.5% |
-10.3% |
0.3% |
60.5% |
93.8% |
|
|
Port Moody |
$1,427,400 |
263.6 |
1.5% |
1.8% |
-3.9% |
-8.0% |
3.4% |
59.1% |
107.2% |
|
|
Richmond |
$1,484,600 |
287.6 |
-1.3% |
-4.0% |
-6.8% |
-13.1% |
-15.6% |
45.3% |
106.5% |
|
|
Squamish |
$954,000 |
251.4 |
0.7% |
1.1% |
-0.2% |
-4.4% |
16.6% |
77.2% |
102.3% |
|
|
Sunshine Coast |
$599,100 |
209.9 |
-0.2% |
-0.9% |
-2.4% |
-4.6% |
29.6% |
69.3% |
64.5% |
|
|
T sawwassen |
$1,171,700 |
252.3 |
1.5% |
0.9% |
-1.7% |
-6.1% |
-7.9% |
58.5% |
94.8% |
|
|
Vancouver East |
$1,350,100 |
300.3 |
0.2% |
-2.8% |
-5.9% |
-12.1% |
-10.7% |
47.0% |
119.5% |
|
|
Vancouver West |
$2,912,000 |
298.6 |
-0.5% |
-3.8% |
-7.0% |
-14.0% |
-17.8% |
29.1% |
107.8% |
|
|
West Vancouver |
$2,564,600 |
242.1 |
1.9% |
-0.7% |
-4.1% |
-12.9% |
-21.6% |
23.9% |
99.6% |
|
|
Whistler |
$1,575,100 |
219.1 |
-0.1% |
3.0% |
-1.2% |
-1.3% |
12.5% |
57.7% |
72.9% |
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 2019
|
Property Type |
Area |
Benchmark Price |
Price Index |
1 Month Change % |
3 Month Change % |
6 Month Change % |
1 Year Change % |
3 Year Change % |
5 Year Change % |
10 Year Change % |
|
T ownhouse |
Lower Mainland |
$669,400 |
241.2 |
0.0% |
0.9% |
-2.1% |
-7.4% |
22.8% |
64.8% |
84.4% |
|
Greater Vancouver |
$774,700 |
248.6 |
-0.6% |
0.3% |
-2.9% |
-8.6% |
16.4% |
59.2% |
87.2% |
|
|
Burnaby East |
$644,300 |
238.0 |
-1.9% |
-4.0% |
-7.5% |
-10.2% |
24.5% |
52.3% |
77.9% |
|
|
Burnaby North |
$725,500 |
270.8 |
-0.7% |
-0.1% |
0.1% |
-6.6% |
23.4% |
63.6% |
92.5% |
|
|
Burnaby South |
$762,600 |
262.7 |
-2.4% |
-2.2% |
-3.6% |
-10.9% |
20.6% |
59.4% |
92.5% |
|
|
Coquitlam |
$657,300 |
241.2 |
-2.1% |
2.9% |
-1.6% |
-7.7% |
20.4% |
63.2% |
89.3% |
|
|
Ladner |
$638,200 |
227.0 |
1.2% |
-2.0% |
-10.9% |
-14.5% |
0.5% |
37.8% |
66.4% |
|
|
Maple Ridge |
$529,900 |
246.0 |
-2.8% |
-0.8% |
-4.1% |
-7.7% |
33.5% |
74.3% |
87.4% |
|
|
New Westminster |
$721,500 |
264.6 |
0.9% |
-0.9% |
-6.0% |
-7.6% |
16.8% |
57.9% |
95.7% |
|
|
North Vancouver |
$946,600 |
230.0 |
-0.7% |
-0.6% |
-4.8% |
-9.8% |
9.0% |
53.7% |
81.1% |
|
|
Pitt Meadows |
$609,400 |
263.7 |
0.6% |
-0.1% |
-4.2% |
-8.2% |
36.2% |
89.2% |
98.6% |
|
|
Port Coquitlam |
$642,400 |
243.2 |
0.0% |
4.6% |
1.4% |
-6.6% |
24.1% |
69.7% |
86.1% |
|
|
Port Moody |
$654,200 |
221.1 |
1.6% |
2.8% |
-1.0% |
-4.6% |
19.5% |
57.3% |
72.6% |
|
|
Richmond |
$779,200 |
255.8 |
0.3% |
-0.8% |
-5.0% |
-9.1% |
10.6% |
54.3% |
91.3% |
|
|
Squamish |
$684,600 |
225.1 |
-1.3% |
1.4% |
1.4% |
-8.7% |
26.5% |
82.1% |
85.6% |
|
|
T sawwassen |
$618,100 |
243.3 |
-0.1% |
-2.2% |
-10.9% |
-13.0% |
6.3% |
46.0% |
78.4% |
|
|
Vancouver East |
$861,500 |
276.0 |
-1.4% |
0.0% |
-1.1% |
-9.7% |
14.0% |
49.8% |
93.1% |
|
|
Vancouver West |
$1,125,800 |
263.2 |
0.9% |
1.5% |
-1.6% |
-8.4% |
4.5% |
52.7% |
95.1% |
|
|
Whistler |
$881,000 |
212.4 |
0.0% |
0.3% |
1.1% |
-8.9% |
30.9% |
87.8% |
75.1% |
|
|
Apartment |
Lower Mainland |
$643,100 |
270.4 |
-1.5% |
-1.8% |
-2.5% |
-8.7% |
33.1% |
74.2% |
94.1% |
|
Greater Vancouver |
$654,700 |
261.7 |
-1.4% |
-1.9% |
-3.0% |
-8.9% |
25.6% |
66.7% |
89.2% |
|
|
Burnaby East |
$736,100 |
282.4 |
-1.6% |
1.9% |
-4.4% |
-8.3% |
26.5% |
66.0% |
99.0% |
|
|
Burnaby North |
$607,800 |
259.5 |
-1.2% |
0.8% |
-1.8% |
-7.4% |
36.4% |
73.9% |
95.1% |
|
|
Burnaby South |
$666,200 |
267.5 |
-1.5% |
-2.2% |
-2.8% |
-9.6% |
28.2% |
72.0% |
98.9% |
|
|
Coquitlam |
$514,600 |
282.4 |
-0.5% |
-1.6% |
-0.8% |
-6.8% |
43.4% |
92.8% |
118.7% |
|
|
Ladner |
$432,300 |
204.9 |
0.1% |
0.0% |
-6.4% |
-8.2% |
4.0% |
37.7% |
53.9% |
|
|
Maple Ridge |
$355,200 |
253.6 |
1.3% |
0.8% |
-1.6% |
-8.2% |
51.8% |
79.0% |
80.2% |
|
|
New Westminster |
$520,000 |
294.6 |
-1.7% |
0.6% |
-4.4% |
-8.3% |
42.8% |
83.7% |
110.3% |
|
|
North Vancouver |
$552,400 |
225.3 |
-0.8% |
-2.1% |
-2.5% |
-9.6% |
21.7% |
54.2% |
72.9% |
|
|
Pitt Meadows |
$498,400 |
293.9 |
1.0% |
1.2% |
-0.9% |
-8.4% |
52.4% |
89.4% |
108.9% |
|
|
Port Coquitlam |
$446,500 |
267.0 |
-0.9% |
-2.9% |
-1.0% |
-8.7% |
47.3% |
87.5% |
90.7% |
|
|
Port Moody |
$619,800 |
258.3 |
-1.7% |
-2.4% |
-1.2% |
-11.4% |
39.1% |
86.6% |
104.5% |
|
|
Richmond |
$628,500 |
269.1 |
-1.5% |
-1.4% |
-3.1% |
-8.0% |
39.4% |
72.1% |
95.4% |
|
|
Squamish |
$512,100 |
252.4 |
1.2% |
1.8% |
2.6% |
-0.3% |
40.5% |
118.2% |
98.7% |
|
|
T sawwassen |
$460,300 |
194.1 |
-0.9% |
-1.0% |
-6.5% |
-8.8% |
6.0% |
42.9% |
45.8% |
|
|
Vancouver East |
$554,100 |
316.2 |
-2.7% |
-3.2% |
-2.1% |
-7.9% |
26.8% |
66.9% |
100.3% |
|
|
Vancouver West |
$744,300 |
241.5 |
-1.9% |
-3.2% |
-5.0% |
-11.7% |
6.4% |
51.5% |
74.0% |
|
|
West Vancouver |
$1,034,500 |
210.2 |
1.2% |
-1.8% |
-8.0% |
-18.3% |
12.1% |
47.6% |
60.6% |
|
|
Whistler |
$507,000 |
198.6 |
1.4% |
3.4% |
4.7% |
1.8% |
46.8% |
100.6% |
56.4% |
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 2019 Apr 2019 Feb 2019 Dec 2018 Oct 2018 Aug 2018 Jun 2018 Apr 2018 Feb 2018 Dec 2017 Oct 2017 Aug 2017 Jun 2017 Apr 2017 Feb 2017 Dec 2016 Oct 2016 Aug 2016 Jun 2016 Apr 2016 Feb 2016 Dec 2015 Oct 2015 Aug 2015 Jun 2015 Apr 2015 Feb 2015 Dec 2014 Oct 2014 Aug 2014 Jun 2014
C:\DATA\MonthEnd\Hpi\export\hi_res\gv-hpi2.tif
Greater Vancouver 5 Year Trend
Price Index
Jan 2005 HPI = 100
310
260
210
160
110
60
Residential
Detached
Townhouse
Apartment
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
6
26 2019
MLS® SALES Facts
June 2019
60 80 40 5 81 26 82 27 11 90 17 Sales Apartment 128 64 18 0 31 67 87 28 19 118 11
May 2019
Apartment 154 98 25 0 Detached $1,310,000 $1,195,000 $1,027,500 n/a
45 93 106 54 24 133 12 $818,500 $1,122,400 $1,502,000 $925,000 $1,310,000 $1,530,000 $992,500 $521,500 n/a $1,010,000 $686,833 n/a $796,000 n/a $340,000 $505,000 $616,500 $415,000 $531,000 $528,000 n/a
9 142 319 11 21 $627,000 $1,397,500 $2,865,000 $2,649,286 n/a
1,246
June 2018
6 146 327 12 23
1,240
June 2019
Jan. -
Jun.2019 Median
589 $1,450,000
Year-to-date
Selling Price
Jan. -
Jun.2018 Median
Apartment 884 530 101 0 Detached $1,600,000 $1,335,000 $1,140,000 $415,000 Attached $789,900 $795,725 $719,450 n/a Apartment $605,000 $555,000 $535,000 n/a
373 539 569 238 154 965 $882,500 $1,262,500 $1,702,500 $1,020,000 $1,467,500 $1,745,000 $566,000 $775,000 $996,500 $703,674 $776,500 $873,900 $391,225 $513,000 $663,000 $447,500 $600,393 $585,000
83 $991,000 $695,000 $449,000
40 813 1,957 102 $649,450 $1,600,000 $3,200,000 $2,850,000 $442,500 $1,100,400 $1,390,000 $1,650,000 $399,900 $619,000 $832,000 $1,253,050
177 $2,092,500
Selling Year-to-date Price
$1,132,500 n/a $388,500
Number Detached
of Attached 52 32 10 1 44 4 33 22 12 62 11
44 85 60 30 8 746 5 43 41 5 13 390 5 87 254 8 16 941
Median Selling Price
Detached $1,440,000 $1,231,548 $989,394 Attached $763,000 $784,950 n/a Apartment $540,000 $530,000 n/a Detached
n/a $842,800 $1,002,500 $1,492,550 $917,500 n/a $1,315,000 n/a n/a $539,000 n/a $1,009,000 $668,500 n/a $736,944 n/a n/a $389,900 $518,800 $618,500 $410,000 n/a $512,000 n/a
$636,250 $1,444,000 $2,850,000 $2,703,500 n/a
n/a $973,000 $1,200,000 n/a n/a n/a n/a $560,000 $710,900 n/a n/a
47 124 86 56 8 913
Number of Sales
67 71 38 7 111 26 105 41 23 82 21 Attached 58 35 16 0 54 8 45 36 15 55 17
6 60 55 4 15 479
Median Selling Price
Attached $750,900 $725,000 n/a n/a Apartment $600,000 $523,500 $501,123 n/a
n/a $1,031,500 $1,250,000 n/a n/a n/a n/a $562,000 $720,000 n/a $563,000
51 97 80 33 11 766
Number of Sales
56 62 36 3 78 29 80 47 11 81 11
Median Selling Price
Detached $1,450,000 $1,302,000 $1,095,500 n/a Attached $845,500 $774,500 n/a n/a
$883,000 $1,238,000 $1,638,000 $1,001,250 n/a $1,892,000 n/a $572,000 n/a $992,000 $694,000 n/a $901,250 n/a $398,450 $510,000 $651,500 $455,000 $564,000 $540,000 n/a
$667,000 $1,500,000 $3,000,000 $2,865,000 n/a $1,080,000 $1,252,500 n/a n/a $585,000 $798,500 n/a
n/a $945,000 $385,000
n/a
Number of Sales
$620,000 $537,500 $530,000 n/a
272 329 158 23 424 100 382 135 72 333 100 213 426 350 190 54
3,561 2,034 5,263
Number of Sales
346 407 206 21 579 132 402 189 66 429 99 276 546 391 168 72 Attached 315 174 60 1 255 75 196 129 90 416 95 52 244 259 25 139
4,329 2,525 7,525
Detached
Attached 53 22 16 0 35 8 37 22 14 65 15 Apartment 144 90 28 0 44 102 82 39 23 160 14
Apartment
Detached
Attached
Apartment
Detached
Attached $761,000 $768,900 $680,500 n/a Apartment $575,000 $521,500 $480,500 n/a Detached
241 177 70 1
257 43 173 119 60
243
82 33 209 219 18 89 59 43 566 1,360 53 113
700 390 74 0 $1,404,000 $1,198,500 $1,029,500 $715,000
179 407 430 172 128
$830,000 $1,085,400 $1,551,000 $915,000 $1,226,500
$525,000 $715,000 $1,010,000 $652,000 $755,400 $800,000 $368,000 $505,000 $616,250 $410,000 $550,000 $525,000
$983,500 $648,750 $440,000
$612,000 $1,382,000 $2,817,000 $2,510,000 $1,726,650
$469,000 $975,000 $1,249,500 n/a $1,014,500 n/a $424,900 $560,000 $735,500 $1,200,000 $430,000
Note: Median Selling Prices are not reported for areas with less than 20 sales or for the Gulf Islands
7 39 50 6 30 419
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
6
26
2019
MLS® LISTINGS Facts
June 2019
Apartment
Detached
Attached
Apartment
Detached
Attached
Apartment
Detached
Attached
Apartment
Detached
Attached 103 Apartment 280 Detached 33% Attached 51% Apartment
34 0 67
149 192 72% 55% 25% 49% 45% 45% 50 196 24 91 198 225 52% 54% 33% 49% 47% 47% 59 186
56 25 255 39% 38% 42% 46% 39% 40% 50% 76% 46% 61 50 252
17 7 55% 41% 42% 19% 65% 71% 38 145 31 20 41 16 55% 32% 55% 30% 29% 56%
216 598 43% 34% 67% 36% 40% 42% 227 220 103 144 275 689 55% 39% 58% 38% 52% 46%
35 33 24% 44% 33% 45% 23% 48% 168 29 12 28 49 28 33% 28% 33% 54% 22% 75% 176 32
2,101
May 2019
% Sales to Listings
53 40% 52% 47%
0 59 47% 45% n/a 53% n/a 76%
66 67% 63% 82%
39 336 46% 33% 44% 33% 62% 40%
June 2018
312 30% 53% 51%
20 30% 54% 70%
9 270 616
52% 39% 34%
58% 45% 41%
67% 54% 53%
618 1,195 1,235 871 132
2,269
Jan. - Jun. 2019
Apartment
Detached
Attached
Apartment
Detached
Attached 565 359 Apartment
102 1,361
34% 36%
37% 46%
42% 42%
569 1,535 1,543 1,012 140
Year-to-date*
Listings
Jan. - Jun. 2018
% Sales to Listings
Detached Attached Apartment
1,417 869 31% 39% 56% 48% 62% 61%
174 35% 68% 58%
0 471 30% 53% 9% 63% n/a 79%
49% 36% 47% 33% 64% 54% 57% 61% 68% 64% 68% 65%
49% 36% 64% 49% 83% 59%
25% 17% 51% 38% 27% 64% 52% 47% 76%
Year-to-date*
n/a
June 2019
Number of Listings
138
36 150 69 29 215
% Sales to Listings
277 140 43% 46% 41% 44% 46% 46% 200 223 127 100 317 186 34% 32% 46% 35% 49% 53% 169 198
44% 45% 53%
29% 46% n/a 54% n/a 46%
n/a
Number of Listings
94 15 245
2,213 1,071 2,577
Number of Listings
93 25 191
73 16 1 61 12 85 60 28 123
% Sales to Listings
171 30 31% 39% 30% 100% 53% 93%
0 76 148 12% 41% 49% 0% 57% 67% n/a 58% 69% 50 1,103 264
143 43% 44% 57% 977 437 1,153 39% 40% 37%
71 53 57% 28% 37% 50% 55% 43% 327 216 268 151 396 231 41% 33% 44% 40% 43% 55%
42 28 19% 34% 43% 67% 29% 82%
n/a
Number of Listings
Detached
1,038 526 463 162 1,696 922 196
1,404 213 879 146 1,681 128 24% 47% 28% 56% 35% 46% 1,575 260 782 149 1,659 147 27% 38% 53% 64% 58% 56%
% Sales to
29% 32% 30% 35% 38% 43% 41% 42% 38%
0 373 944 46% 38% 38% 20% 54% 41% n/a 48% 43% 70 1,089 270
3,957 246 216 28% 22% 41% 29% 20% 48% 34% 22% 52%
n/a
Number of Listings
1,121 1,042 584
88 11 403
1,126 406 199 117 365 228 148 793 888 350 238
81 503 680 93 216 48 1,378 3,732 218 232
12,541 4,788 12,614
Detached
Attached 128
1,752 15 29 898
51% 936 Attached 682
11,105 5,336 13,602
* Year-to-date listings represent a cumulative total of listings rather than total active listings.
175 91 17 176
73 22 0 82 16 67 48 31 156
31 107 196 178 126 18 26 26 64 115
31
0 102
57
34 167
5 477 104
90 452 745 88 187
83 39 269
37 98 250 234 28 12 87 123
2,139 14 45 871
n/a
Listing & Sales Activity Summary
Listings
1 2 3 Jun May Jun 2018 2019 2019
Col. 2 & 3 Percentage Variance
5 6 7 Jun May Jun 2018 2019 2019
Sales
Col. 6 & 7 Percentage Variance
9
Apr 2018 -
Jun 2018
10
Apr 2019 -
Jun 2019
Col. 9 & 10 Percentage Variance
|
BURNABY DETACHED ATTACHED APARTMENTS |
169 103 280 |
200 127 317 |
138 128 277 |
% -31.0 0.8 -12.6 |
56 53 144 |
67 58 154 |
60 52 128 |
% -10.4 -10.3 -16.9 |
188 162 478 |
180 145 385 |
% -4.3 -10.5 -19.5 |
|
COQUITLAM DETACHED ATTACHED APARTMENTS |
198 73 171 |
223 100 186 |
175 73 140 |
-21.5 -27.0 -24.7 |
62 22 90 |
71 35 98 |
80 32 64 |
12.7 -8.6 -34.7 |
213 90 272 |
216 95 222 |
1.4 5.6 -18.4 |
|
DELTA DETACHED ATTACHED APARTMENTS |
93 16 30 |
94 31 53 |
91 22 34 |
-3.2 -29.0 -35.8 |
36 16 28 |
38 16 25 |
40 10 18 |
5.3 -37.5 -28.0 |
128 36 57 |
102 43 48 |
-20.3 19.4 -15.8 |
|
MAPLE RIDGE/PITT MEADOWS DETACHED ATTACHED APARTMENTS |
191 61 76 |
245 102 59 |
176 82 67 |
-28.2 -19.6 13.6 |
78 35 44 |
111 54 45 |
81 44 31 |
-27.0 -18.5 -31.1 |
307 127 173 |
268 144 104 |
-12.7 13.4 -39.9 |
|
NORTH VANCOUVER DETACHED ATTACHED APARTMENTS |
186 85 143 |
196 91 225 |
150 67 192 |
-23.5 -26.4 -14.7 |
80 37 82 |
105 45 106 |
82 33 87 |
-21.9 -26.7 -17.9 |
247 119 290 |
240 109 257 |
-2.8 -8.4 -11.4 |
|
NEW WESTMINSTER DETACHED ATTACHED APARTMENTS |
59 12 148 |
50 24 198 |
36 16 149 |
-28.0 -33.3 -24.7 |
29 8 102 |
26 8 93 |
26 4 67 |
0.0 -50.0 -28.0 |
79 35 290 |
66 21 245 |
-16.5 -40.0 -15.5 |
|
PORT MOODY/BELCARRA DETACHED ATTACHED APARTMENTS |
39 28 53 |
50 34 39 |
29 31 25 |
-42.0 -8.8 -35.9 |
11 14 23 |
23 15 24 |
11 12 19 |
-52.2 -20.0 -20.8 |
48 50 67 |
47 42 72 |
-2.1 -16.0 7.5 |
|
PORT COQUITLAM DETACHED ATTACHED APARTMENTS |
83 60 71 |
61 57 66 |
69 48 56 |
13.1 -15.8 -15.2 |
47 22 39 |
41 36 54 |
27 22 28 |
-34.1 -38.9 -48.1 |
118 64 130 |
89 75 111 |
-24.6 17.2 -14.6 |
|
RICHMOND DETACHED ATTACHED APARTMENTS |
269 123 312 |
252 167 336 |
215 156 255 |
-14.7 -6.6 -24.1 |
81 65 160 |
82 55 133 |
90 62 118 |
9.8 12.7 -11.3 |
234 222 516 |
213 159 340 |
-9.0 -28.4 -34.1 |
|
SUNSHINE COAST DETACHED ATTACHED APARTMENTS |
98 12 9 |
145 20 16 |
107 26 7 |
-26.2 30.0 -56.3 |
51 7 6 |
47 6 9 |
44 5 5 |
-6.4 -16.7 -44.4 |
161 31 20 |
120 19 24 |
-25.5 -38.7 20.0 |
|
SQUAMISH DETACHED ATTACHED APARTMENTS |
37 28 20 |
38 31 41 |
31 26 17 |
-18.4 -16.1 -58.5 |
11 15 14 |
21 17 12 |
17 11 11 |
-19.0 -35.3 -8.3 |
50 51 51 |
60 37 32 |
20.0 -27.5 -37.3 |
|
VANCOUVER EAST DETACHED ATTACHED APARTMENTS |
250 87 270 |
227 103 275 |
196 64 216 |
-13.7 -37.9 -21.5 |
97 39 146 |
124 60 142 |
85 43 87 |
-31.5 -28.3 -38.7 |
341 138 463 |
275 137 344 |
-19.4 -0.7 -25.7 |
|
VANCOUVER WEST DETACHED ATTACHED APARTMENTS |
234 123 616 |
220 144 689 |
178 115 598 |
-19.1 -20.1 -13.2 |
80 50 327 |
86 55 319 |
60 41 254 |
-30.2 -25.5 -20.4 |
239 152 1033 |
209 141 806 |
-12.6 -7.2 -22.0 |
|
WHISTLER/PEMBERTON DETACHED ATTACHED APARTMENTS |
32 45 28 |
29 28 28 |
18 29 33 |
-37.9 3.6 17.9 |
11 30 23 |
8 15 21 |
8 13 16 |
0.0 -13.3 -23.8 |
29 68 86 |
24 48 55 |
-17.2 -29.4 -36.0 |
|
WEST VANCOUVER/HOWE SOUND DETACHED ATTACHED APARTMENTS |
176 14 42 |
168 12 49 |
126 15 35 |
-25.0 25.0 -28.6 |
33 6 12 |
56 4 11 |
30 5 8 |
-46.4 25.0 -27.3 |
103 14 53 |
124 11 27 |
20.4 -21.4 -49.1 |
|
GRAND TOTALS DET ACHED ATTACHED APARTMENTS |
2114 870 2269 |
2198 1071 2577
|
1735 898 2101 |
-21.1 -16.2 -18.5 |
763 419 1240 |
906 479 1246 |
741 389 941 |
-18.2 -18.8 -24.5 |
2485 1359 3979
|
2233 1226 3072
|
-10.1 -9.8 -22.8 |
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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