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Residential REAL ESTATE MARKET STATISICAL ANALYSIS

October 2018

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More supply and less demand seen across Metro Vancouver housing market

VANCOUVER, BC – October 2, 2018 – The supply of homes for sale continued to increase

across the Metro Vancouver* housing market in September while home buyer demand remained

below typical levels for this time of year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in

the region totalled 1,595 in September 2018, a 43.5 per cent decrease from the 2,821 sales

recorded in September 2017, and a 17.3 per cent decrease compared to August 2018 when 1,929

homes sold.

Last month’s sales were 36.1 per cent below the 10-year September sales average.

“Fewer home sales are allowing listings to accumulate and prices to ease across the Metro

Vancouver housing market,” Ashley Smith, REBGV president-elect said. “There’s more

selection for home buyers to choose from today. Since spring, home listing totals have risen to

levels we haven’t seen in our market in four years.”

There were 5,279 detached, attached and apartment properties newly listed for sale on the

Multiple Listing Service® (MLS®) in Metro Vancouver in September 2018. This represents a

1.8 per cent decrease compared to the 5,375 homes listed in September 2017 and a 36 per cent

increase compared to August 2018 when 3,881 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver

is 13,084, a 38.2 per cent increase compared to September 2017 (9,466) and a 10.7 per cent

increase compared to August 2018 (11,824).

For all property types, the sales-to-active listings ratio for September 2018 is 12.2 per cent. By

property type, the ratio is 7.8 per cent for detached homes, 14 per cent for townhomes, and 17.6

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 often experience upward pressure

when it surpasses 20 per cent over several months.

“Metro Vancouver’s housing market has changed pace compared to the last few years. Our

townhome and apartment markets are sitting in balanced market territory and our detached home

market remains in a clear buyers’ market,” Smith said. “It’s important for both home buyers and

sellers to work with their Realtor to understand what these trends means to them.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro

Vancouver is currently $1,070,600. This represents a 2.2 per cent increase over September 2017

and a 3.1 per cent decrease over the last three months.

Sales of detached properties in September 2018 reached 508, a 40.4 per cent decrease from the

852 detached sales recorded in September 2017. The benchmark price for detached properties is

$1,540,900. This represents a 4.5 per cent decrease from September 2017 and a 3.4 per cent

decrease over the last three months.

Sales of apartment properties reached 812 in September 2018, a 44 per cent decrease compared

to the 1,451 sales in September 2017. The benchmark price of an apartment property is

$687,300. This represents a 7.4 per cent increase from September 2017 and a 3.1 per cent

decrease over the last three months.

Attached property sales in September 2018 totalled 275, a 46.9 per cent decrease compared to

the 518 sales in September 2017. The benchmark price of an attached unit is $837,600. This

represents a 6.4 per cent increase from September 2017 and a two per cent decrease over the last

three months.

2018 2017 One-Year Change 2018 2017 One-Year

Change

Total Active Listings 919 818 + 12.3% 919 820 + 12.1%

Sales 63 90 - 30.0% 55 91 - 39.6%

Days on Market Average 55 38 + 44.7% 60 38 + 57.9%

MLS® HPI Benchmark Price $1,662,600 $1,757,100 - 5.4% $1,669,900 $1,735,900 - 3.8%


Change


Sales 96 200 - 52.0% 154 242 - 36.4%


MLS® HPI Benchmark Price $690,600 $612,000 + 12.8% $685,500 $607,900 + 12.8%


Change


Sales 36 85 - 57.6% 56 120 - 53.3%



Activity Snapshot

REALTOR® ReportA Research Tool Provided by the Real Estate Board of Greater Vancouver

September 2018

September AugustDetached Properties

Richmond

Current as of October 02, 2018. All data from the Real Estate Board of Greater Vancouver. Report © 2018 ShowingTime. Percent changes are calculated using rounded figures.

Townhomes September AugustActivity Snapshot

Condos September AugustActivity Snapshot

Seller's Market

Buyer's MarketBalanced Market

0%

20%

40%

60%

80%

100%

120%

Sales-to-Active Ratio Townhome Condo Detached[10.9%] [15.2%] [6.9%]

REALTOR® Report

Price Range SalesActive

ListingsAvg Dayson Market

Neighbourhood SalesActive

ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 1 0 Boyd Park 0 36 $1,547,300 - 4.7%

$100,000 to $199,999 1 4 4 Bridgeport RI 3 23 $1,371,100 + 0.5%

$200,000 to $399,999 0 2 0 Brighouse 0 28 $0 --

$400,000 to $899,999 3 15 23 Brighouse South 0 1 $0 --

$900,000 to $1,499,999 26 150 38 Broadmoor 4 61 $2,050,500 - 5.3%

$1,500,000 to $1,999,999 15 291 54 East Cambie 1 23 $1,380,600 - 3.1%

$2,000,000 to $2,999,999 16 278 82 East Richmond 2 20 $1,991,200 + 0.2%

$3,000,000 and $3,999,999 0 111 0 Garden City 4 35 $1,402,400 - 4.4%

$4,000,000 to $4,999,999 1 43 216 Gilmore 0 5 $1,772,700 - 2.0%

$5,000,000 and Above 1 24 62 Granville 5 78 $1,858,200 - 8.6%

TOTAL 63 919 55 Hamilton RI 3 21 $1,125,000 - 3.5%

Ironwood 1 38 $1,384,300 - 4.5%

Lackner 4 44 $1,691,800 - 5.4%

McLennan 0 16 $1,814,400 - 1.7%

McLennan North 2 15 $1,792,500 + 0.1%

McNair 0 33 $1,502,800 - 4.7%

Quilchena RI 3 36 $1,686,400 - 8.5%

Riverdale RI 3 42 $1,724,100 - 7.9%

Saunders 2 43 $1,499,000 - 6.4%

Sea Island 2 4 $880,800 - 3.1%

Seafair 6 64 $1,594,300 - 4.9%

South Arm 3 26 $1,300,800 - 6.2%

Steveston North 8 54 $1,400,700 - 4.4%

Steveston South 0 24 $1,649,900 - 4.0%

Steveston Village 2 11 $1,505,800 - 4.2%

Terra Nova 0 27 $1,975,300 - 10.7%

West Cambie 2 29 $1,373,900 - 3.7%

Westwind 0 15 $1,712,000 - 3.0%

Woodwards 3 67 $1,550,800 - 3.6%

TOTAL* 63 919 $1,662,600 - 5.4%

* This represents the total of the Richmond area, not the sum of the areas above.

Detached Homes - Richmond

#VALUE!

#VALUE!

A Research Tool Provided by the Real Estate Board of Greater Vancouver

Detached Properties Report – September 2018


Richmond

93 75 69 66 53 78 65 87 81 77 55 63

793 790

589 621

737 764 808892 924 932 919 919

$1,750,400$1,731,800

$1,753,500 $1,750,900 $1,758,700 $1,770,000$1,745,200

$1,724,600$1,707,600 $1,701,400

$1,669,900 $1,662,600

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018

Sales Active Listings MLS® HPI Benchmark Price

REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 1 0 Boyd Park 1 6 $479,200 + 29.3%

$100,000 to $199,999 1 1 3 Bridgeport RI 1 17 $776,700 + 12.6%

$200,000 to $399,999 14 30 40 Brighouse 41 272 $667,700 + 9.6%

$400,000 to $899,999 75 512 35 Brighouse South 14 80 $596,200 + 11.6%

$900,000 to $1,499,999 5 73 71 Broadmoor 0 2 $515,600 + 18.0%

$1,500,000 to $1,999,999 0 6 0 East Cambie 0 3 $521,000 + 19.3%

$2,000,000 to $2,999,999 1 4 130 East Richmond 0 4 $813,600 + 12.5%

$3,000,000 and $3,999,999 0 1 0 Garden City 1 2 $459,600 + 14.7%

$4,000,000 to $4,999,999 0 2 0 Gilmore 0 0 $0 --

$5,000,000 and Above 0 0 0 Granville 0 2 $267,600 + 19.4%

TOTAL 96 630 38 Hamilton RI 0 0 $727,600 + 12.1%

Ironwood 2 23 $682,800 + 18.9%

Lackner 0 0 $0 --

McLennan 0 0 $0 --

McLennan North 8 33 $791,200 + 14.5%

McNair 0 0 $0 --

Quilchena RI 2 1 $0 --

Riverdale RI 2 18 $607,200 + 22.8%

Saunders 0 1 $0 --

Sea Island 0 0 $0 --

Seafair 0 0 $474,800 + 29.4%

South Arm 0 2 $323,800 + 16.7%

Steveston North 0 1 $470,900 + 25.7%

Steveston South 9 29 $559,100 + 8.2%

Steveston Village 0 11 $0 --

Terra Nova 0 2 $0 --

West Cambie 15 121 $722,200 + 14.8%

Westwind 0 0 $0 --

Woodwards 0 0 $0 --

TOTAL* 96 630 $690,600 + 12.8%


Condos - Richmond

#VALUE!

#VALUE!


Condo Report – September 2018


Richmond

202 190143 145 142 161 167

188162 150 154

96

389 401327

317363

411467

538594

628585 630

$624,000 $627,800

$652,500$665,200

$673,300 $675,500

$700,600$686,500

$699,700 $700,100$685,500 $690,600

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


REALTOR® Report


ListingsDays onMarket


ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Boyd Park 1 4 $489,800 + 11.0%

$100,000 to $199,999 0 0 0 Bridgeport RI 0 13 $682,400 + 14.3%

$200,000 to $399,999 0 0 0 Brighouse 2 21 $807,200 + 9.4%

$400,000 to $899,999 20 147 38 Brighouse South 2 40 $816,900 + 5.7%

$900,000 to $1,499,999 16 170 44 Broadmoor 1 5 $1,042,900 + 8.4%

$1,500,000 to $1,999,999 0 12 0 East Cambie 1 10 $856,800 + 7.3%

$2,000,000 to $2,999,999 0 0 0 East Richmond 0 2 $0 --

$3,000,000 and $3,999,999 0 0 0 Garden City 0 6 $991,000 + 9.6%

$4,000,000 to $4,999,999 0 0 0 Gilmore 0 0 $0 --

$5,000,000 and Above 0 0 0 Granville 2 17 $777,400 + 9.3%

TOTAL 36 329 41 Hamilton RI 1 13 $719,300 + 7.5%

Ironwood 0 6 $694,000 + 9.4%

Lackner 1 4 $964,700 + 9.1%

McLennan 0 0 $0 --

McLennan North 10 59 $964,600 + 4.3%

McNair 1 1 $600,000 + 9.8%

Quilchena RI 1 3 $672,000 + 6.5%

Riverdale RI 1 4 $860,800 + 6.5%

Saunders 2 14 $710,600 + 11.2%

Sea Island 0 0 $0 --

Seafair 0 3 $1,002,500 + 7.6%

South Arm 0 5 $719,300 + 8.7%

Steveston North 0 8 $678,600 + 6.3%

Steveston South 1 11 $951,500 + 6.3%

Steveston Village 2 4 $866,900 + 5.8%

Terra Nova 1 18 $979,100 + 7.3%

West Cambie 3 35 $878,000 + 9.2%

Westwind 1 2 $841,400 + 9.0%

Woodwards 2 21 $876,200 + 10.7%

TOTAL* 36 329 $862,400 + 7.6%


Townhomes - Richmond

#VALUE!

#VALUE!


Townhomes Report – September 2018


Richmond

11385 76 56 62 65 76

7565 56 56 36

265

290

212 210227 241

246298 310 322 324 329

$800,000 $805,500 $807,900$822,500 $819,500

$830,700$839,000

$846,300$854,800

$869,400 $865,400 $862,400

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


Richmond


September 2018

Note: $0 means that there is no sales activity, not $0 as an MLS® HPI Benchmark Price.

Note: $0 means that there is no sales activity, not $0 as an Average Price Per Square Foot.


$593

$735$747

$693

$749

$703$704

$722

$717$727

$810

$654

$459$480

$516

$483$549

$572

$631$650

$680$700

$676 $675

$429 $485

$524

$546

$544

$566 $572

$599$609

$601

$610

$590

$400

$500

$600

$700

$800

$900

10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018 07-2018

Average Price Per Square Foot Detached Condos Townhomes

$662,800

$734,000$764,500 $769,600

$886,300

$1,047,900$1,013,300

$972,000$1,035,500

$1,260,000

$1,729,800 $1,757,100

$1,662,600

$311,400$340,600 $347,300 $348,300 $366,000 $361,900 $352,800 $361,900 $370,800

$401,500

$484,300

$612,000

$690,600

$388,900 $415,700 $437,300 $430,000$475,000

$512,100 $494,200 $491,700 $511,800$563,000

$713,900

$801,500$862,400

$250,000

$500,000

$750,000

$1,000,000

$1,250,000

$1,500,000

$1,750,000

$2,000,000

01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018

MLS® HPI Benchmark PriceDetached Condos Townhomes


Change


Sales 13 12 + 8.3% 14 31 - 54.8%


MLS® HPI Benchmark Price $1,006,400 $1,015,100 - 0.9% $1,010,200 $1,000,200 + 1.0%


Change


Sales 4 7 - 42.9% 3 5 - 40.0%

Days on Market Average 9 17 - 47.1% 23 14 + 64.3%



Change


Sales 13 3 + 333.3% 6 1 + 500.0%



Activity Snapshot


September 2018


Ladner




Seller's Market

Buyer's MarketBalanced Market

0%

25%

50%

75%

100%

125%

150%

175%


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Delta Manor 1 10 $955,500 - 0.4%

$100,000 to $199,999 1 0 68 East Delta 0 4 $0 --

$200,000 to $399,999 0 1 0 Hawthorne 2 25 $1,008,600 - 0.6%

$400,000 to $899,999 4 17 52 Holly 4 15 $1,044,100 - 0.5%

$900,000 to $1,499,999 8 71 71 Ladner Elementary 3 27 $938,300 + 0.5%

$1,500,000 to $1,999,999 0 16 0 Ladner Rural 0 11 $1,650,500 - 1.3%

$2,000,000 to $2,999,999 0 7 0 Neilsen Grove 1 19 $1,075,500 - 4.3%

$3,000,000 and $3,999,999 0 3 0 Port Guichon 1 8 $915,700 - 0.4%

$4,000,000 to $4,999,999 0 0 0 Westham Island 1 2 $0 --

$5,000,000 and Above 0 6 0 TOTAL* 13 121 $1,006,400 - 0.9%

TOTAL 13 121 65

* This represents the total of the Ladner area, not the sum of the areas above.

Detached Homes - Ladner

#VALUE!

#VALUE!




Ladner

19 18 15 5 10 12 21 2015 20 14 13

10399

7491

99107 111

129140 134

123121

$1,027,600$1,035,500

$1,029,200

$1,017,200

$1,003,900$1,008,100 $1,004,800 $1,002,300

$998,100

$1,016,800$1,010,200 $1,006,400

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Delta Manor 2 4 $450,800 + 11.6%

$100,000 to $199,999 0 0 0 East Delta 0 1 $0 --

$200,000 to $399,999 1 3 5 Hawthorne 1 7 $461,300 + 13.0%

$400,000 to $899,999 3 14 10 Holly 0 0 $0 --


$1,500,000 to $1,999,999 0 0 0 Ladner Rural 0 0 $0 --

$2,000,000 to $2,999,999 0 0 0 Neilsen Grove 0 1 $578,600 + 8.8%

$3,000,000 and $3,999,999 0 0 0 Port Guichon 0 0 $0 --


$5,000,000 and Above 0 0 0 TOTAL* 4 17 $470,300 + 11.2%

TOTAL 4 17 9


Condos - Ladner

#VALUE!

#VALUE!




Ladner

4 3 3

10

4 5 56

11

6

3 46

1011 6

9

13 14

18

13

10 11

17

$422,600$433,400 $436,600

$431,300$443,300

$459,300

$472,600 $471,200 $470,700 $472,200 $470,700 $470,300

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Delta Manor 2 3 $795,800 + 5.0%

$100,000 to $199,999 0 0 0 East Delta 0 0 $0 --

$200,000 to $399,999 0 1 0 Hawthorne 1 8 $736,300 + 8.2%

$400,000 to $899,999 9 27 13 Holly 1 1 $820,400 + 7.0%


$1,500,000 to $1,999,999 0 0 0 Ladner Rural 0 0 $0 --

$2,000,000 to $2,999,999 0 0 0 Neilsen Grove 9 18 $1,152,100 + 5.3%

$3,000,000 and $3,999,999 0 0 0 Port Guichon 0 0 $0 --


$5,000,000 and Above 0 0 0 TOTAL* 13 37 $786,300 + 5.9%

TOTAL 13 37 11


Townhomes - Ladner

#VALUE!

#VALUE!




Ladner

7 5 6 4 5 75

9 12

36

13

22

23

16 1517

1316 19 17

23

3237

$744,800$756,500

$776,900 $776,000 $783,200 $779,700 $786,100 $787,500$778,000

$797,200

$818,200

$786,300

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


Ladner


September 2018




$499

$528

$683

$421

$604

$489

$587

$519$482

$513

$570

$444

$351

$433

$408

$422

$423$417

$471

$469 $468

$567

$510

$597

$331$389

$441

$463

$408

$475

$459 $448

$426

$515$492

$473

$300

$400

$500

$600

$700

10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018 07-2018


$503,600

$555,900 $554,200 $549,700

$592,400$626,800 $622,300 $624,300

$646,700

$783,200

$1,064,900

$1,015,100 $1,006,400

$261,400$297,300 $297,900 $294,800 $301,100

$322,000 $312,700 $299,800 $309,500$347,500

$408,900 $422,800

$470,300$372,200$407,200 $416,700 $416,100

$451,100$478,600

$457,700 $448,800$472,600

$524,500

$656,700

$742,500

$786,300

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018



Change


Sales 11 26 - 57.7% 15 22 - 31.8%




Change


Sales 13 6 + 116.7% 6 13 - 53.8%




Change


Sales 1 1 0.0% 2 5 - 60.0%

Days on Market Average 13 76 - 82.9% 15 123 - 87.8%


Activity Snapshot


September 2018


Tsawwassen




Seller's Market

Balanced Market

Buyer's Market0%

50%

100%

150%

200%

250%

300%


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 3 24 $1,046,700 - 1.5%

$100,000 to $199,999 0 0 0 Boundary Beach 2 18 $1,262,000 - 2.1%

$200,000 to $399,999 0 0 0 Cliff Drive 1 31 $1,147,100 - 0.6%

$400,000 to $899,999 1 3 36 English Bluff 1 24 $1,740,500 + 0.8%

$900,000 to $1,499,999 8 109 94 Pebble Hill 3 36 $1,346,400 + 0.9%

$1,500,000 to $1,999,999 2 34 104 Tsawwassen Central 1 31 $1,190,500 - 0.6%

$2,000,000 to $2,999,999 0 27 0 Tsawwassen East 0 15 $1,334,100 - 2.1%

$3,000,000 and $3,999,999 0 4 0 TOTAL* 11 179 $1,266,500 - 0.3%

$4,000,000 to $4,999,999 0 2 0

$5,000,000 and Above 0 0 0

TOTAL 11 179 91

* This represents the total of the Tsawwassen area, not the sum of the areas above.

Detached Homes - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

27 19 11 9 20 22 24 2721 14 15 11

162 159

117 129

141156

186204 197 192 178 179

$1,275,300$1,283,200 $1,281,800

$1,261,800

$1,249,300

$1,273,900$1,265,500 $1,264,600

$1,247,900

$1,265,500

$1,250,200

$1,266,500

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 5 10 $533,300 + 10.9%

$100,000 to $199,999 0 0 0 Boundary Beach 0 0 $0 --

$200,000 to $399,999 0 2 0 Cliff Drive 7 27 $467,500 + 11.1%

$400,000 to $899,999 12 33 37 English Bluff 0 0 $0 --

$900,000 to $1,499,999 1 5 147 Pebble Hill 0 0 $0 --

$1,500,000 to $1,999,999 0 2 0 Tsawwassen Central 1 4 $516,800 + 11.5%

$2,000,000 to $2,999,999 0 0 0 Tsawwassen East 0 2 $599,300 + 11.4%

$3,000,000 and $3,999,999 0 1 0 TOTAL* 13 43 $501,100 + 11.0%

$4,000,000 to $4,999,999 0 0 0

$5,000,000 and Above 0 0 0

TOTAL 13 43 45


Condos - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

93 2 3

715 12 6

178

613

21 23 20

23 25

34

4652 51 51

4443

$452,200$467,600 $462,400 $460,500

$471,000

$490,600

$513,600 $507,500 $504,900 $503,700 $498,200 $501,100

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Beach Grove 0 2 $678,200 + 5.8%

$100,000 to $199,999 0 0 0 Boundary Beach 0 1 $0 --

$200,000 to $399,999 0 0 0 Cliff Drive 1 12 $0 --

$400,000 to $899,999 1 15 13 English Bluff 0 0 $0 --

$900,000 to $1,499,999 0 3 0 Pebble Hill 0 1 $0 --

$1,500,000 to $1,999,999 0 0 0 Tsawwassen Central 0 2 $0 --

$2,000,000 to $2,999,999 0 0 0 Tsawwassen East 0 0 $955,100 + 6.2%

$3,000,000 and $3,999,999 0 0 0 TOTAL* 1 18 $770,500 + 4.5%

$4,000,000 to $4,999,999 0 0 0

$5,000,000 and Above 0 0 0

TOTAL 1 18 13


Townhomes - Tsawwassen

#VALUE!

#VALUE!




Tsawwassen

4 2 0 4 2 2 22 2 1 2 1

7

7 7 6 7 9 1010 9 15 11 18

$740,200$753,900 $754,700

$763,300$756,000 $755,000

$781,300 $775,900$766,500

$759,800

$793,900

$770,500

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


Tsawwassen


September 2018




$474

$612

$550$570

$519$526

$532

$539

$616

$571

$536$562

$398 $453

$386

$498

$488 $501

$547

$515

$547

$512

$592

$553

$412$485

$405

$500

$363

$411

$462

$503

$0

$607

$470

$492

$0

$100

$200

$300

$400

$500

$600

$700

10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018 07-2018


$567,500

$640,900 $627,000 $620,000$666,900

$712,400 $724,000 $714,300$753,800

$929,300

$1,269,700 $1,269,700 $1,266,500

$293,800$334,100 $334,800 $331,300 $333,200 $342,200 $328,700 $315,200 $319,700

$356,200

$425,700$451,500

$501,100$348,500

$381,200 $390,100 $389,600$429,300

$456,700 $442,500 $430,100 $447,000

$497,800

$629,900

$737,500$770,500

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018



Change

Total Active Listings 858 911 - 5.8% 839 838 + 0.1%

Sales 39 74 - 47.3% 59 52 + 13.5%

Days on Market Average 59 59 0.0% 66 36 + 83.3%



Change

Total Active Listings 1,347 838 + 60.7% 1,215 812 + 49.6%

Sales 209 403 - 48.1% 276 407 - 32.2%




Change


Sales 28 58 - 51.7% 33 47 - 29.8%


MLS® HPI Benchmark Price $1,229,300 $1,265,100 - 2.8% $1,267,800 $1,254,200 + 1.1%

Activity Snapshot


September 2018


Vancouver - West




Seller's Market

Buyer's Market

Balanced Market

0%

20%

40%

60%

80%


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Arbutus 2 35 $3,505,300 - 13.3%

$100,000 to $199,999 0 0 0 Cambie 0 55 $2,610,400 - 1.6%

$200,000 to $399,999 0 4 0 Coal Harbour 0 1 $0 --

$400,000 to $899,999 1 9 46 Downtown VW 0 1 $0 --

$900,000 to $1,499,999 0 14 0 Dunbar 5 118 $2,594,600 - 15.2%

$1,500,000 to $1,999,999 2 25 122 Fairview VW 0 6 $0 --

$2,000,000 to $2,999,999 18 156 60 False Creek 0 2 $0 --

$3,000,000 and $3,999,999 10 205 48 Kerrisdale 7 66 $3,254,200 - 9.3%

$4,000,000 to $4,999,999 3 148 42 Kitsilano 2 58 $2,222,400 - 15.4%

$5,000,000 and Above 5 297 66 MacKenzie Heights 1 32 $3,514,100 - 8.9%

TOTAL 39 858 59 Marpole 3 61 $2,243,000 - 7.9%

Mount Pleasant VW 0 6 $2,542,200 - 4.8%

Oakridge VW 2 15 $2,955,900 - 8.2%

Point Grey 4 74 $3,300,800 - 18.4%

Quilchena 2 29 $3,712,100 - 13.6%

S.W. Marine 3 33 $3,312,900 - 5.3%

Shaughnessy 0 83 $5,956,900 - 0.4%

South Cambie 0 24 $3,415,900 - 8.8%

South Granville 3 98 $4,250,000 - 7.2%

Southlands 3 31 $3,593,500 - 5.2%

University VW 2 26 $5,276,200 - 20.0%

West End VW 0 3 $0 --

Yaletown 0 1 $0 --

TOTAL* 39 858 $3,254,200 - 10.9%

* This represents the total of the Vancouver - West area, not the sum of the areas above.

Detached Homes - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

108 83 37 44 53 52 71 90 81 57 59 39

895834

601702

799 827905 938 925 892 839 858

$3,626,300$3,573,700 $3,556,100 $3,548,400

$3,500,600$3,449,000

$3,404,200 $3,430,500 $3,392,500 $3,356,500$3,278,500 $3,254,200

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Arbutus 0 0 $0 --

$100,000 to $199,999 0 0 0 Cambie 3 47 $713,500 + 4.0%

$200,000 to $399,999 6 6 21 Coal Harbour 11 100 $1,123,600 + 7.9%

$400,000 to $899,999 120 573 29 Downtown VW 52 316 $678,900 - 3.3%

$900,000 to $1,499,999 61 437 31 Dunbar 1 6 $704,000 + 1.3%

$1,500,000 to $1,999,999 10 124 16 Fairview VW 13 93 $806,700 + 3.5%

$2,000,000 to $2,999,999 10 99 27 False Creek 12 78 $841,000 - 2.3%

$3,000,000 and $3,999,999 0 47 0 Kerrisdale 2 35 $924,500 + 3.2%

$4,000,000 to $4,999,999 0 18 0 Kitsilano 23 96 $633,300 + 4.2%

$5,000,000 and Above 2 43 206 MacKenzie Heights 0 0 $0 --

TOTAL 209 1,347 30 Marpole 11 55 $608,200 + 5.9%

Mount Pleasant VW 3 9 $578,800 + 0.3%

Oakridge VW 2 10 $1,114,700 + 1.2%

Point Grey 1 10 $616,000 + 1.7%

Quilchena 3 20 $1,130,500 + 1.1%

S.W. Marine 0 12 $509,300 + 3.5%

Shaughnessy 1 6 $683,300 + 2.2%

South Cambie 1 13 $957,600 + 3.5%

South Granville 0 4 $1,060,000 + 6.7%

Southlands 0 2 $840,200 + 2.2%

University VW 13 96 $1,000,400 + 7.2%

West End VW 25 146 $639,400 - 2.4%

Yaletown 32 193 $878,400 + 2.8%

TOTAL* 209 1,347 $804,100 + 1.0%


Condos - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

390 381251 244

329 351 351 357328 294 276 209

862 809617

656728 779

979

1,221 1,288 1,3251,215 1,347

$806,500$811,200 $807,100

$812,400

$835,800$844,700 $841,700 $845,400 $842,600

$835,200$825,000

$804,100

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


REALTOR® Report




ListingsBenchmark

PriceOne-YearChange

$99,999 and Below 0 0 0 Arbutus 0 1 $0 --

$100,000 to $199,999 0 0 0 Cambie 2 13 $1,107,900 - 10.2%

$200,000 to $399,999 0 0 0 Coal Harbour 1 2 $1,794,800 - 2.0%

$400,000 to $899,999 4 20 11 Downtown VW 1 6 $1,009,200 + 0.6%

$900,000 to $1,499,999 15 91 37 Dunbar 1 1 $0 --

$1,500,000 to $1,999,999 7 73 46 Fairview VW 6 42 $1,092,300 + 3.1%

$2,000,000 to $2,999,999 2 33 7 False Creek 2 7 $880,200 - 6.8%

$3,000,000 and $3,999,999 0 5 0 Kerrisdale 1 2 $1,409,900 - 8.6%

$4,000,000 to $4,999,999 0 2 0 Kitsilano 5 30 $1,037,500 - 5.4%

$5,000,000 and Above 0 3 0 MacKenzie Heights 0 2 $0 --

TOTAL 28 227 33 Marpole 0 29 $1,053,000 - 2.2%

Mount Pleasant VW 1 7 $1,259,100 - 0.2%

Oakridge VW 0 10 $1,465,000 - 9.1%

Point Grey 0 1 $1,057,300 - 7.8%

Quilchena 0 2 $1,394,600 - 7.9%

S.W. Marine 0 3 $0 --

Shaughnessy 0 9 $2,218,200 - 2.7%

South Cambie 1 3 $1,710,200 - 6.8%

South Granville 1 13 $1,486,300 - 6.4%

Southlands 0 0 $0 --

University VW 2 29 $1,586,100 - 9.8%

West End VW 0 3 $1,184,900 + 0.0%

Yaletown 4 12 $1,767,300 + 2.0%

TOTAL* 28 227 $1,229,300 - 2.8%


Townhomes - Vancouver - West

#VALUE!

#VALUE!




Vancouver - West

44 4022 18

34 31 4242 47 39 33 28

149

147117 122

136148

180227 235

218 218 227

$1,265,100 $1,268,200

$1,242,400 $1,247,900 $1,250,100

$1,271,000

$1,302,200 $1,304,500 $1,303,600$1,289,100

$1,267,800

$1,229,300

10-2017 11-2017 12-2017 01-2018 02-2018 03-2018 04-2018 05-2018 06-2018 07-2018 08-2018 09-2018


Vancouver - West


September 2018




$1,063

$1,211

$1,426

$1,244

$1,180

$1,290$1,233

$1,311 $1,261

$1,137

$1,192

$1,081

$796 $871$927

$928

$936$990

$1,066

$1,080$1,100

$1,157

$1,101 $1,090

$772

$832

$925 $867 $940$911

$971

$1,021

$1,098$1,081 $995

$1,009

$600

$800

$1,000

$1,200

$1,400

$1,600

10-2015 01-2016 04-2016 07-2016 10-2016 01-2017 04-2017 07-2017 10-2017 01-2018 04-2018 07-2018


$1,264,300

$1,497,100 $1,495,100 $1,523,400

$1,758,100

$2,236,300$2,091,200 $2,092,200

$2,301,600

$2,743,800

$3,623,400 $3,653,500

$3,254,200

$405,000 $448,100 $440,400 $451,800 $453,300 $472,500 $467,200 $475,200 $495,300 $555,100$687,600

$796,100 $804,100$556,500

$627,600 $649,700 $642,900 $675,500 $707,200 $705,400 $729,400 $783,800 $835,800

$1,132,900$1,265,100 $1,229,300

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

01-2006 01-2007 01-2008 01-2009 01-2010 01-2011 01-2012 01-2013 01-2014 01-2015 01-2016 01-2017 01-2018


everything you need to know about your real estate market ......south arm 0 2 $323,800 + 16.7%...

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