March
'00 PRELIMINARY REPORT |
MLS HOUSING PRICE
INDEX PROVIDED BY REAL ESTATE BOARD OF
GREATER VANCOUVER |
|
|
| DETACHED |
| AREA
|
Benchmark Price
|
Price Range
|
Price Index
|
1
Month Change
|
3 Month Change
|
6 Month Change
|
1 Year Change
|
3 Year Change
|
5 Year Change
|
1 Year Avg. Benchmark Price
|
| Greater Vancouver
|
$341,760
|
1.5%
|
127.2
|
0.5%
|
0.3%
|
0.9%
|
2.8%
|
-7.5%
|
-10.4%
|
$341,420
|
| Burnaby
|
$324,250
|
3.8%
|
123.3
|
3.0%
|
2.6%
|
3.3%
|
1.4%
|
-8.3%
|
-14.4%
|
$321,572
|
| Coquitlam
|
$273,750
|
4.4%
|
122.7
|
-2.9%
|
1.1%
|
-0.1%
|
9.7%
|
-1.1%
|
5.2%
|
$273,601
|
| Delta
|
$300,550
|
4.8%
|
131.4
|
-6.1%
|
4.1%
|
-2.0%
|
0.6%
|
-1.5%
|
0.8%
|
$300,504
|
| Maple Ridge
|
$214,550
|
2.7%
|
136.2
|
1.8%
|
6.9%
|
-1.1%
|
4.6%
|
1.2%
|
2.0%
|
$211,840
|
| New Westminster
|
$236,160
|
5.3%
|
125.4
|
-4.8%
|
-3.4%
|
-4.1%
|
0.0%
|
-4.2%
|
-10.1%
|
$245,949
|
| North Vancouver
|
$382,220
|
2.7%
|
143.7
|
0.0%
|
1.8%
|
4.6%
|
2.5%
|
0.5%
|
0.5%
|
$373,468
|
| Port Moody
|
$279,290
|
10.4%
|
124.8
|
-24.2%
|
-3.7%
|
-11.6%
|
-4.5%
|
-12.4%
|
-9.7%
|
$297,724
|
| Port Coquitlam
|
$234,160
|
3.1%
|
131.5
|
1.6%
|
1.5%
|
0.0%
|
0.4%
|
-5.1%
|
-6.8%
|
$233,382
|
| Richmond
|
$327,410
|
3.0%
|
123.9
|
-0.1%
|
-4.3%
|
-1.4%
|
-4.1%
|
-14.2%
|
-18.8%
|
$339,071
|
| Sunshine Coast
|
$176,550
|
10.6%
|
140.2
|
15.8%
|
-1.4%
|
5.3%
|
1.5%
|
-7.8%
|
-11.0%
|
$171,016
|
| Squamish
|
$194,650
|
8.8%
|
146.7
|
-19.0%
|
-4.9%
|
-7.0%
|
-4.7%
|
-7.0%
|
-5.6%
|
$207,847
|
| Vancouver East
|
$297,230
|
2.2%
|
127.1
|
1.1%
|
3.5%
|
1.4%
|
2.8%
|
-6.1%
|
-9.9%
|
$299,255
|
| Vancouver West
|
$594,260
|
4.1%
|
121.3
|
3.4%
|
3.1%
|
6.7%
|
11.5%
|
-12.8%
|
-15.1%
|
$570,930
|
| West Vancouver
|
$505,580
|
7.7%
|
118.1
|
-2.0%
|
-10.5%
|
-4.5%
|
-6.3%
|
-14.5%
|
-10.2%
|
$550,851
|
|
ATTACHED
|
| AREA
|
Benchmark Price
|
Price Range
|
Price Index
|
1
Month Change
|
3 Month Change
|
6 Month Change
|
1 Year Change
|
3 Year Change
|
5 Year Change
|
1 Year Avg. Benchmark Price
|
| Greater Vancouver
|
$220,900
|
2.0%
|
124.3
|
-0.5%
|
3.7%
|
1.3%
|
2.4%
|
-3.1%
|
-4.4%
|
$216,166
|
| Burnaby
|
$203,520
|
4.2%
|
117.8
|
-4.4%
|
5.7%
|
2.3%
|
0.0%
|
-9.4%
|
-11.3%
|
$196,250
|
| Coquitlam
|
$180,350
|
5.7%
|
121.2
|
0.3%
|
-0.8%
|
0.0%
|
6.3%
|
-6.7%
|
-3.9%
|
$177,519
|
| Delta
|
$211,780
|
7.8%
|
140.4
|
16.2%
|
21.3%
|
-2.9%
|
2.7%
|
-2.5%
|
-2.3%
|
$195,564
|
| Maple Ridge
|
$152,440
|
4.1%
|
122.7
|
10.2%
|
4.2%
|
6.7%
|
2.3%
|
1.4%
|
1.3%
|
$146,314 |
| North Vancouver |
$268,160 |
5.6% |
126.5 |
-0.3% |
2.7% |
0.9% |
0.0% |
-0.1% |
4.4% |
$265,863 |
| Port Moody |
$154,970 |
7.8%
|
117.0
|
0.3%
|
-5.0%
|
-2.2%
|
0.3%
|
-3.1%
|
-6.1%
|
$154,625
|
| Port Coquitlam
|
$198,160
|
4.7%
|
132.5
|
6.1%
|
7.7%
|
4.9%
|
5.4%
|
1.7%
|
-0.8%
|
$185,915
|
| Richmond
|
$209,420
|
3.1%
|
121.9
|
-1.3%
|
1.7%
|
-0.8%
|
2.1%
|
-6.7%
|
-8.7%
|
$209,665
|
| Sunshine Coast
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
$117,749
|
| Squamish
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
$125,116
|
| Vancouver East
|
$227,060
|
7.3%
|
117.5
|
12.9%
|
12.6%
|
9.6%
|
8.5%
|
-4.3%
|
-1.3%
|
$204,600
|
| Vancouver West
|
$274,060
|
5.8%
|
105.9
|
-13.6%
|
-1.0%
|
-2.5%
|
2.0%
|
-7.1%
|
-8.5%
|
$286,614
|
| West Vancouver
|
$555,290
|
9.3%
|
151.7
|
-4.5%
|
2.7%
|
-0.9%
|
-5.0%
|
-0.8%
|
0.5%
|
$541,665
|
|
APARTMENT
|
| AREA
|
Benchmark Price
|
Price Range
|
Price Index
|
1
Month Change
|
3 Month Change
|
6 Month Change
|
1 Year Change
|
3 Year Change
|
5 Year Change
|
1 Year Avg. Benchmark Price
|
| Greater Vancouver
|
$160,690
|
1.9%
|
109.0
|
-0.9%
|
-0.3%
|
-0.3%
|
2.3%
|
-4.9%
|
-2.1%
|
$158,595
|
| Burnaby
|
$139,350
|
3.4%
|
102.7
|
-1.8%
|
-2.5%
|
-5.2%
|
-0.7%
|
-3.5%
|
-5.7%
|
$143,352
|
| Coquitlam
|
$128,580
|
5.1%
|
108.4
|
2.9%
|
14.1%
|
1.1%
|
4.1%
|
-8.8%
|
-12.0%
|
$123,209
|
| Delta
|
$134,920
|
12.6%
|
86.0
|
-26.7%
|
-10.2%
|
-17.5%
|
-13.4%
|
-19.5%
|
-24.1%
|
$159,492
|
| Maple Ridge
|
$93,760
|
12.1%
|
101.7
|
4.6%
|
-0.9%
|
3.9%
|
-9.6%
|
-16.9%
|
-22.7%
|
$98,078
|
| New Westminster
|
$123,950
|
6.8%
|
89.9
|
4.9%
|
-1.9%
|
-3.6%
|
-0.7%
|
-7.7%
|
-5.7%
|
$127,886
|
| North Vancouver
|
$159,650
|
4.3%
|
113.2
|
-7.2%
|
-2.2%
|
-4.6%
|
6.7%
|
-2.5%
|
-2.1%
|
$162,036
|
| Port Moody
|
$133,430
|
6.7%
|
119.1
|
3.3%
|
11.7%
|
-0.5%
|
2.9%
|
-2.2%
|
4.7%
|
$132,347
|
| Port Coquitlam
|
$96,580
|
8.4%
|
86.7
|
4.2%
|
12.8%
|
-7.8%
|
-8.2%
|
-15.5%
|
-14.7%
|
$103,872
|
| Richmond
|
$143,100
|
3.7%
|
113.4
|
3.8%
|
7.9%
|
5.0%
|
3.6%
|
-6.1%
|
-9.9%
|
$134,417
|
| Squamish
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
*
|
$99,585
|
| Vancouver East
|
$109,930
|
5.9%
|
95.9
|
-5.4%
|
-9.0%
|
-12.8%
|
-10.2%
|
-20.1%
|
-12.3%
|
$119,265
|
| Vancouver West
|
$173,800
|
3.7%
|
103.4
|
-1.8%
|
-1.6%
|
-1.6%
|
-0.5%
|
-5.3%
|
-0.4%
|
$174,493
|
| West Vancouver
|
$335,440
|
12.2%
|
129.7
|
6.8%
|
-5.2%
|
16.2%
|
20.5%
|
19.2%
|
23.4%
|
$320,097
|
|
HOW TO READ THE TABLE: BENCHMARK PRICE: Predicted sale price of a benchmark property. Benchmarks represent typical properties within each market. Predictions are economic. PRICE RANGE: Expressed as a + or - percentage of the benchmark price, there is a 90% probability the sale price of a benchmark house is within the price range. PRICE INDEX: Index numbers that estimate the percentage change in price on typical and constant quality properties over time. All indexes equal 100 in June 1991. Key: * = Sales sample too small; Price information not reported.
The REBGV defines 'Greater Vancouver' as Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Port Moody, Port Coquitlam, Richmond, South Delta, Sunshine Coast, Squamish, Vancouver East, Vancouver West and West Vancouver.
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