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Real Estate Market Still On The Rise!

Posted by admin on April 13, 2017
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Jim Williams REMAX Lifestyles Realty

Listing and selling real estate homes  including condos, townhouses, acreages and farms in Maple Ridge, Pitt Meadows, Mission, Langley and Abbotsford.

March 2017 HPI Report

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

$823,800

232.3

1.5%

2.5%

-0.3%

14.4%

49.1%

49.6%

74.4%

Greater Vancouver

$919,300

240.6

1.4%

2.4%

-0.8%

12.7%

49.2%

49.2%

81.6%

Bowen Island

$852,800

184.9

3.9%

3.5%

7.1%

30.5%

50.6%

40.9%

44.8%

Burnaby East

$849,500

234.5

1.3%

2.0%

-0.4%

10.8%

47.1%

49.2%

76.7%

Burnaby North

$800,900

240.7

1.6%

4.3%

3.3%

18.4%

53.2%

55.1%

81.8%

Burnaby South

$884,800

250.1

0.7%

3.1%

2.3%

20.3%

53.7%

53.4%

90.0%

Coquitlam

$768,600

228.1

2.7%

3.9%

-0.7%

11.4%

50.1%

54.0%

72.2%

Ladner

$780,000

216.8

0.7%

-1.5%

-8.7%

5.1%

44.4%

42.2%

70.6%

Maple Ridge

$579,800

195.9

1.7%

2.0%

0.9%

20.3%

51.5%

47.7%

51.0%

New Westminster

$548,700

233.7

1.8%

3.6%

1.6%

16.2%

47.1%

47.9%

70.1%

North Vancouver

$983,100

221.8

1.4%

1.7%

-2.2%

12.9%

49.4%

50.7%

72.5%

Pitt Meadows

$568,400

207.9

1.7%

2.1%

1.6%

20.7%

45.2%

51.4%

56.4%

Port Coquitlam

$605,600

214.6

2.9%

5.6%

1.8%

14.1%

50.9%

48.9%

59.8%

Port Moody

$780,400

215.8

1.4%

1.9%

0.2%

11.1%

48.8%

57.1%

63.5%

Richmond

$869,700

252.0

0.8%

1.8%

-0.7%

13.2%

48.9%

45.5%

91.3%

Squamish

$676,700

220.6

2.0%

4.8%

8.0%

26.3%

77.9%

82.2%

82.5%

Sunshine Coast

$520,600

182.4

2.9%

5.1%

8.1%

26.1%

52.9%

42.7%

41.6%

Tsawwassen

$924,900

231.7

2.3%

0.1%

-6.5%

7.5%

52.7%

51.4%

82.0%

Vancouver East

$974,700

285.5

2.4%

2.5%

-1.1%

13.6%

54.4%

59.9%

109.3%

Vancouver West

$1,218,500

256.8

0.7%

2.1%

-1.8%

9.2%

45.7%

47.6%

91.1%

West Vancouver

$2,488,900

267.1

1.0%

0.8%

-10.1%

6.4%

52.5%

55.2%

101.4%

Whistler

$769,100

178.7

0.6%

3.6%

6.8%

24.7%

77.1%

62.2%

51.4%

Single Family Detached

Lower Mainland

$1,207,700

256.5

1.0%

0.7%

-3.6%

12.8%

55.6%

56.8%

95.7%

Greater Vancouver

$1,489,400

274.7

1.0%

0.4%

-5.0%

10.9%

57.2%

55.6%

110.0%

Bowen Island

$852,800

184.9

3.9%

3.5%

7.1%

30.5%

50.6%

40.9%

44.8%

Burnaby East

$1,160,500

259.5

0.0%

-0.4%

-5.5%

6.2%

52.5%

53.2%

103.1%

Burnaby North

$1,518,700

293.7

1.3%

2.0%

-2.9%

11.6%

61.6%

65.7%

123.7%

Burnaby South

$1,612,100

308.6

-1.5%

-0.6%

-4.6%

15.6%

63.4%

65.6%

137.2%

Coquitlam

$1,150,500

255.3

2.7%

2.2%

-5.0%

10.0%

58.3%

65.0%

95.3%

Ladner

$947,500

228.4

0.0%

-3.4%

-11.0%

3.4%

50.4%

47.8%

80.4%

Maple Ridge

$718,500

204.7

1.1%

1.5%

0.1%

19.4%

57.6%

55.3%

61.3%

New Westminster

$1,029,500

255.4

0.3%

-0.6%

-5.2%

8.3%

53.7%

51.4%

99.4%

North Vancouver

$1,575,500

250.8

1.2%

-0.2%

-5.3%

10.7%

62.8%

64.0%

97.9%

Pitt Meadows

$774,300

218.2

0.4%

0.6%

-2.4%

17.0%

57.0%

55.0%

68.9%

Port Coquitlam

$884,000

235.8

2.8%

4.2%

-0.5%

9.8%

57.7%

60.2%

82.2%

Port Moody

$1,347,800

248.9

0.4%

-0.5%

-2.5%

11.3%

53.4%

65.4%

90.1%

Richmond

$1,550,600

311.0

-0.7%

-1.9%

-8.0%

9.7%

61.8%

50.9%

134.9%

Squamish

$836,100

222.3

3.1%

2.8%

6.1%

27.0%

65.0%

66.5%

82.1%

Sunshine Coast

$517,800

181.4

3.1%

5.0%

7.9%

25.8%

53.0%

42.4%

40.9%

Tsawwassen

$1,179,600

254.0

2.5%

-0.4%

-7.1%

6.2%

59.7%

61.7%

98.9%

Vancouver East

$1,452,200

321.0

1.9%

-0.3%

-5.5%

12.7%

63.9%

71.9%

142.8%

Vancouver West

$3,461,700

355.4

1.1%

0.5%

-4.5%

12.7%

58.9%

55.1%

158.3%

West Vancouver

$2,961,800

281.6

0.9%

0.5%

-11.9%

5.8%

52.5%

55.6%

113.0%

Whistler

$1,357,500

187.9

-0.4%

0.2%

4.3%

20.4%

51.2%

56.5%

61.0%

HOW TO READ THE TABLE:

  • Benchmark Price: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market.

     Image_001

  • 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.

    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 %

    Townhouse

    Lower Mainland

    $573,300

    207.5

    1.7%

    3.5%

    1.9%

    19.0%

    46.1%

    44.0%

    58.6%

    Greater Vancouver

    $685,100

    221.4

    1.4%

    3.5%

    1.3%

    16.0%

    48.2%

    47.2%

    69.9%

    Burnaby East

    $565,400

    202.8

    5.1%

    5.6%

    9.4%

    27.1%

    34.7%

    34.8%

    53.9%

    Burnaby North

    $556,400

    207.5

    3.1%

    6.9%

    3.5%

    19.0%

    38.1%

    36.1%

    56.4%

    Burnaby South

    $578,300

    207.5

    -0.1%

    1.7%

    -1.4%

    21.5%

    41.3%

    39.1%

    61.7%

    Coquitlam

    $538,400

    197.8

    2.1%

    6.7%

    2.7%

    9.5%

    40.0%

    42.0%

    50.8%

    Ladner

    $634,100

    210.1

    2.7%

    2.9%

    -0.7%

    10.5%

    37.1%

    41.2%

    61.9%

    Maple Ridge

    $408,400

    198.4

    3.2%

    4.5%

    2.6%

    28.1%

    51.8%

    48.4%

    48.9%

    New Westminster

    $561,200

    210.8

    2.9%

    4.4%

    4.7%

    15.3%

    40.0%

    41.3%

    62.5%

    North Vancouver

    $866,100

    207.3

    1.4%

    4.2%

    -1.5%

    17.9%

    45.5%

    43.2%

    61.4%

    Pitt Meadows

    $490,200

    212.1

    2.1%

    2.6%

    3.2%

    25.1%

    47.9%

    54.4%

    59.1%

    Port Coquitlam

    $548,000

    207.8

    2.4%

    3.8%

    0.9%

    12.9%

    49.5%

    42.5%

    54.6%

    Port Moody

    $522,600

    176.6

    1.2%

    2.4%

    -4.2%

    0.2%

    29.1%

    29.9%

    33.5%

    Richmond

    $740,200

    239.3

    0.9%

    2.6%

    2.6%

    17.2%

    43.8%

    47.4%

    84.2%

    Squamish

    $740,700

    269.1

    1.5%

    14.1%

    19.1%

    34.5%

    127.5%

    157.5%

    128.2%

    Tsawwassen

    $627,600

    207.4

    1.8%

    2.8%

    -1.6%

    10.1%

    40.6%

    36.6%

    59.8%

    Vancouver East

    $734,700

    242.2

    -0.9%

    0.5%

    -5.4%

    2.9%

    45.7%

    41.2%

    76.0%

    Vancouver West

    $1,079,100

    244.1

    0.9%

    1.7%

    -3.3%

    14.9%

    54.1%

    56.0%

    92.4%

    Whistler

    $849,900

    227.3

    0.8%

    5.3%

    10.2%

    23.2%

    96.5%

    88.3%

    101.5%

    Apartment

    Lower Mainland

    $487,200

    212.7

    2.4%

    5.5%

    5.9%

    17.3%

    42.1%

    42.5%

    55.0%

    Greater Vancouver

    $537,400

    216.1

    2.1%

    5.3%

    5.2%

    16.1%

    42.3%

    43.6%

    60.0%

    Burnaby East

    $556,000

    211.1

    2.0%

    5.1%

    4.7%

    4.2%

    37.4%

    53.0%

    46.0%

    Burnaby North

    $513,300

    217.0

    1.9%

    6.2%

    10.2%

    26.7%

    50.5%

    53.2%

    62.9%

    Burnaby South

    $577,100

    231.7

    2.7%

    6.5%

    8.6%

    24.8%

    51.5%

    50.2%

    73.6%

    Coquitlam

    $371,100

    204.3

    3.3%

    7.0%

    7.9%

    18.3%

    45.3%

    44.3%

    49.9%

    Ladner

    $386,100

    183.0

    1.5%

    2.6%

    -5.6%

    10.0%

    31.0%

    22.8%

    45.1%

    Maple Ridge

    $216,600

    156.4

    3.6%

    4.0%

    6.3%

    21.9%

    24.8%

    15.5%

    12.0%

    New Westminster

    $401,600

    228.7

    2.3%

    5.5%

    4.6%

    20.4%

    45.2%

    47.4%

    61.9%

    North Vancouver

    $474,000

    192.9

    2.3%

    4.7%

    4.4%

    17.6%

    35.7%

    37.7%

    47.8%

    Pitt Meadows

    $322,100

    190.4

    3.9%

    3.7%

    5.5%

    22.9%

    29.0%

    45.2%

    36.3%

    Port Coquitlam

    $331,200

    196.3

    3.7%

    9.1%

    6.2%

    24.9%

    45.2%

    41.5%

    39.4%

    Port Moody

    $509,900

    212.5

    2.3%

    4.4%

    6.2%

    19.2%

    54.9%

    64.7%

    59.9%

    Richmond

    $491,200

    207.4

    3.2%

    7.7%

    11.1%

    21.4%

    39.2%

    38.5%

    56.9%

    Squamish

    $377,900

    182.0

    2.2%

    1.9%

    2.8%

    21.7%

    81.8%

    60.6%

    49.4%

    Tsawwassen

    $412,200

    173.8

    2.1%

    2.8%

    -3.2%

    14.9%

    34.9%

    24.5%

    37.8%

    Vancouver East

    $464,900

    256.5

    4.2%

    6.8%

    7.1%

    19.2%

    45.9%

    51.1%

    80.5%

    Vancouver West

    $692,400

    224.1

    0.6%

    3.8%

    1.6%

    9.0%

    41.1%

    45.0%

    67.1%

    West Vancouver

    $963,900

    210.6

    3.0%

    5.6%

    6.7%

    17.3%

    59.9%

    57.3%

    57.2%

    Whistler

    $411,800

    135.0

    1.4%

    2.7%

    4.6%

    33.4%

    106.4%

    72.9%

    9.4%

This information is considered actuate but not guaranteed.

Jim Williams REMAX Lifestyles Realty

Listing and selling real estate homes  including condos, townhouses, acreages and farms in Maple Ridge, Pitt Meadows, Mission, Langley and Abbotsford.

Downsizing And Preparing To Be A Retired Senior!

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Jim Williams REMAX Lifestyles Realty

Listing and selling real estate homes  including condos, townhouses, acreages and farms in Maple Ridge, Pitt Meadows, Mission, Langley and Abbotsford.

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Buying a Cloverdale fixer-upper you need to have the knowledge of an experienced realtor, such as myself. I have been selling fixer-uppers for 39 years. I know what to look for, so your renovations are profitable. Fill out the form, I will contact you and go over what constitutes a viable fixer-upper. Provide you with a list of homes and the sale price you can expect fixed up.

Click here to start your search.  

Jim Williams REMAX Lifestyles Realty listing and selling real estate homes  including condos, townhouses, acreages and farms in Maple Ridge, Pitt Meadows, Mission, Langley and Abbotsford.