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News Release
FOR IMMEDIATE RELEASE:
Home buyer demand remains elevated across Metro Vancouver
VANCOUVER, BC – February 2, 2021 – In the first month of 2021, Metro Vancouver’s*
housing market continued the pattern set at the end of last year with home sale activity outpacing
the supply of homes listed for sale.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the
region totalled 2,389 in January 2021, a 52.1 per cent increase from the 1,571 sales recorded in
January 2020, and a 22.8 per cent decrease from the 3,093 homes sold in December 2020.
Last month’s sales were 36.4 per cent above the 10-year January sales average.
“With home sale activity well above our January average, the supply of homes for sale isn’t able
to keep pace,” Colette Gerber, REBGV Chair said. “This is causing increased competition
amongst home buyers and upward pressure on prices.”
There were 4,480 detached, attached and apartment properties newly listed for sale on the
Multiple Listing Service® (MLS®) in Metro Vancouver in January 2021. This represents a 15.7
per cent increase compared to the 3,872 homes listed in January 2020 and an 86 per cent increase
compared to December 2020 when 2,409 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is
8,306, a 3.6 per cent decrease compared to January 2020 (8,617) and a 2.7 per cent decrease
compared to December 2020 (8,538).
For all property types, the sales-to-active listings ratio for January 2021 is 28.8 per cent. By
property type, the ratio is 26.3 per cent for detached homes, 37.6 per cent for townhomes, and
27.8 per cent for apartments.
Generally, analysts say 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.
“Shifting housing needs during the pandemic and historically low interest rates have been key
drivers of demand in our market over the last six months,” Gerber said. “People who managed to
enter the market a few years ago, and have seen their home values increase, are now looking to
move up in the market to accommodate their changing needs.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $1,056,600. This represents a 5.5 per cent increase compared to January
2020 and a 0.9 per cent increase compared to December 2020.
Sales of detached homes in January 2021 reached 740, a 68.6 per cent increase from the 439
detached sales recorded in January 2020. The benchmark price of a detached homes is
$1,576,800. This represents a 10.8 per cent increase from January 2020 and a 1.4 per cent
increase compared to December 2020.
Sales of apartment homes reached 1,195 in January 2021, a 46.8 per cent increase compared to
the 814 sales in January 2020. The benchmark price of an apartment home is $680,800. This
represents a 2.2 per cent increase from January 2020 and a 0.6 per cent increase compared to
December 2020.
Attached home sales in January 2021 totalled 454, a 42.8 per cent increase compared to the 318
sales in January 2020. The benchmark price of an attached home is $815,800. This represents a
4.3 per cent increase from January 2020 and a 0.2 per cent increase compared to December 2020.
-30-
*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 2020, 30,944 homes changed ownership in
the Board’s area, generating $2.1 billion in economic spin-off activity and an estimated 14,728 jobs. The total dollar
value of residential sales transacted through the MLS® system in Greater Vancouver totalled $33.7 billion in 2020.
The Real Estate Board of Greater Vancouver is an association representing nearly 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
Director, Communication
Real Estate Board of Greater Vancouver
604.730.3146
cmunn@rebgv.org
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 $1,002,600 280.9 1.0% 1.9% 3.4% 6.8% 3.0% 44.3% 91.0%
Greater Vancouver $1,056,600 277.2 0.9% 1.1% 2.5% 5.5% -0.1% 34.8% 83.5%
Bowen Island $1,196,500 259.4 -0.5% 5.0% 14.8% 30.3% 27.1% 84.2% 115.3%
Burnaby East $1,001,200 277.7 0.1% 1.0% 2.8% 7.6% 1.2% 39.1% 85.8%
Burnaby North $912,700 275.6 0.4% 1.6% 2.6% 4.5% -0.4% 40.8% 86.3%
Burnaby South $971,500 274.4 0.5% 0.1% -1.0% 1.7% -4.9% 36.5% 79.5%
Coquitlam $967,200 286.9 1.1% 1.7% 3.3% 7.9% 3.6% 46.0% 102.8%
Ladner $871,300 245.3 0.1% 1.2% 3.1% 7.3% -2.0% 11.3% 66.6%
Maple Ridge $829,100 264.0 1.9% 3.3% 6.0% 11.7% 9.0% 68.9% 100.0%
New Westminster $670,300 294.9 0.8% -0.2% 0.4% 4.5% 1.7% 53.5% 95.6%
North Vancouver $1,134,700 255.0 1.1% 1.5% 4.1% 8.6% 3.1% 31.5% 87.5%
Pitt Meadows $789,200 286.9 2.0% 1.7% 3.8% 8.6% 7.2% 68.9% 107.4%
Port Coquitlam $804,800 275.5 1.0% 1.9% 4.3% 8.0% 6.0% 53.1% 97.1%
Port Moody $954,000 263.7 0.7% 2.6% 2.7% 5.6% 2.7% 44.0% 94.6%
Richmond $962,700 287.4 1.3% 1.0% 3.2% 5.5% -2.4% 33.2% 74.7%
Squamish $800,800 254.8 -0.9% -1.4% 5.2% 2.6% 4.7% 53.8% 109.7%
Sunshine Coast $721,800 252.9 1.9% 6.5% 14.5% 26.8% 23.4% 80.3% 107.3%
Tsawwassen $1,011,400 262.2 1.7% 4.5% 7.4% 10.4% -0.3% 13.1% 95.1%
Vancouver East $1,114,300 331.1 0.2% 1.7% 2.0% 4.1% -0.7% 32.0% 97.8%
Vancouver West $1,257,100 262.5 0.5% -1.4% -1.7% 0.3% -7.7% 17.6% 66.2%
West Vancouver $2,362,300 260.1 2.8% 4.2% 9.1% 12.5% -6.6% 9.7% 79.8%
Whistler $963,300 224.5 0.9% 1.0% 8.5% 5.6% 9.2% 67.0% 91.2%
Single Family Detached Lower Mainland $1,374,900 293.2 1.9% 4.5% 8.1% 12.8% 4.9% 36.1% 98.6%
Greater Vancouver $1,576,800 291.3 1.4% 3.5% 6.7% 10.8% -0.5% 22.8% 87.1%
Bowen Island $1,196,500 259.4 -0.5% 4.9% 14.7% 30.3% 27.1% 84.2% 115.3%
Burnaby East $1,321,000 295.4 0.7% 3.1% 7.2% 12.3% 4.3% 28.9% 99.6%
Burnaby North $1,546,200 299.0 0.6% 2.9% 4.6% 9.2% -1.4% 19.8% 90.7%
Burnaby South $1,596,400 305.6 1.1% 2.1% 2.4% 6.9% -4.3% 21.4% 92.7%
Coquitlam $1,321,100 293.2 2.3% 4.7% 7.6% 12.9% 3.2% 34.2% 105.5%
Ladner $1,076,300 257.6 0.6% 3.3% 7.2% 14.1% 3.5% 6.5% 80.1%
Maple Ridge $930,900 265.2 2.8% 5.3% 9.0% 15.0% 11.7% 66.5% 107.3%
New Westminster $1,170,900 292.1 2.1% 3.9% 7.5% 12.2% 2.0% 29.4% 88.7%
North Vancouver $1,722,300 271.2 1.2% 3.4% 7.6% 12.0% 2.9% 22.8% 100.6%
Pitt Meadows $1,013,200 285.5 4.1% 3.9% 8.7% 15.4% 12.0% 63.4% 115.0%
Port Coquitlam $1,094,800 291.9 3.8% 5.8% 11.7% 15.4% 11.9% 42.7% 111.1%
Port Moody $1,602,300 295.9 2.1% 5.7% 11.2% 14.5% 7.2% 40.8% 106.6%
Richmond $1,599,200 309.8 0.9% 1.1% 6.0% 6.4% -8.7% 15.3% 64.6%
Squamish $992,300 261.5 -2.8% -2.4% -0.3% 0.5% 1.8% 47.7% 111.7%
Sunshine Coast $715,900 250.8 1.9% 6.6% 14.5% 26.8% 22.7% 79.4% 105.4%
Tsawwassen $1,230,900 274.3 2.5% 6.7% 10.5% 15.3% 1.9% 9.8% 111.8%
Vancouver East $1,546,700 340.7 0.1% 2.6% 4.0% 8.6% -0.1% 20.6% 109.5%
Vancouver West $3,172,600 320.9 0.3% 1.7% 3.9% 6.8% -11.0% 6.4% 69.5%
West Vancouver $2,906,700 274.4 4.1% 5.9% 9.2% 13.3% -6.2% 9.1% 87.8%
Whistler $1,675,000 233.0 -1.6% -2.3% -1.9% 4.0% 2.9% 46.4% 86.4%
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.
The above info is deemed reliable, but is not guaranteed. All dollar amounts in CDN.
January 2021
*
* MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association 1 of 18
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 %
January 2021
*
Townhouse Lower Mainland $712,400 258.4 0.5% 1.2% 2.7% 5.7% 4.6% 54.6% 81.0%
Greater Vancouver $815,800 261.7 0.2% 0.3% 2.3% 4.3% 2.5% 44.9% 76.8%
Burnaby East $691,700 255.5 0.1% -2.2% 0.9% 5.6% 3.6% 63.1% 70.7%
Burnaby North $759,000 283.3 1.1% 1.7% 3.2% 5.4% 3.4% 48.9% 86.0%
Burnaby South $802,100 276.3 0.7% -0.4% 0.3% 4.5% 2.0% 51.1% 76.9%
Coquitlam $711,000 260.9 0.4% 1.6% 2.6% 6.9% 7.2% 50.3% 88.9%
Ladner $636,500 228.3 0.5% -0.5% -1.5% 0.5% -12.0% 21.2% 40.4%
Maple Ridge $561,800 260.8 0.7% 1.4% 2.6% 7.6% 5.2% 70.6% 89.3%
New Westminster $747,500 274.3 0.3% -1.2% -1.4% 3.6% 1.5% 47.2% 72.6%
North Vancouver $1,020,700 248.0 1.1% -0.6% 2.1% 7.6% 2.9% 38.9% 81.7%
Pitt Meadows $622,100 269.2 0.3% 0.5% -0.1% 3.9% 5.4% 63.4% 88.0%
Port Coquitlam $660,900 250.2 0.0% -0.2% 1.1% 6.4% 4.2% 49.9% 77.3%
Port Moody $651,900 220.3 -0.6% 0.5% 0.7% 3.9% 3.0% 25.7% 59.2%
Richmond $823,700 270.5 0.8% 0.7% 2.7% 6.8% 0.4% 39.4% 69.3%
Squamish $761,500 250.4 -3.4% 0.4% 11.4% 3.8% 11.8% 68.1% 120.4%
Tsawwassen $608,300 238.5 0.8% -1.4% -3.4% -2.2% -13.1% 27.3% 44.5%
Vancouver East $893,600 284.2 -0.4% -0.9% 0.6% -2.1% -1.0% 35.0% 81.7%
Vancouver West $1,142,100 267.0 0.0% -1.4% 0.2% -0.4% -2.6% 31.1% 79.2%
Whistler $1,017,000 245.2 -1.2% 3.9% 14.5% 4.7% 16.4% 82.2% 123.1%
Apartment Lower Mainland $655,400 280.8 0.5% 0.0% -0.1% 2.6% 1.4% 56.9% 89.1%
Greater Vancouver $680,800 272.2 0.6% -0.4% -0.3% 2.2% -0.3% 48.3% 83.4%
Burnaby East $730,400 280.2 -1.5% 0.7% -0.4% 2.2% -5.8% 47.6% 78.6%
Burnaby North $619,800 264.6 0.3% 0.8% 1.5% 2.1% 0.2% 64.3% 88.1%
Burnaby South $657,500 264.0 0.3% -0.5% -2.5% -0.7% -5.7% 47.6% 75.3%
Coquitlam $533,200 292.6 0.6% -0.2% 0.8% 2.2% 4.0% 66.9% 106.5%
Ladner $508,000 237.2 -1.8% -2.5% -1.5% -0.6% -2.5% 33.5% 61.3%
Maple Ridge $373,500 266.7 1.2% 1.2% 3.5% 9.1% 5.8% 81.1% 87.3%
New Westminster $526,700 298.4 0.6% -0.9% -0.7% 3.3% 1.6% 64.6% 99.6%
North Vancouver $591,400 241.2 1.0% 0.4% 1.5% 5.9% 3.9% 47.4% 76.1%
Pitt Meadows $509,600 300.5 1.2% 0.7% 2.2% 6.3% 2.6% 79.4% 108.8%
Port Coquitlam $467,900 279.8 -0.3% 0.3% 1.3% 3.9% 3.6% 74.0% 98.4%
Port Moody $659,200 274.7 0.4% 1.7% -0.3% 2.9% 2.6% 67.5% 112.9%
Richmond $663,300 284.0 1.6% 1.0% 1.9% 4.5% 2.0% 58.8% 92.2%
Squamish $501,300 247.1 4.5% -1.2% 7.4% 4.7% 4.7% 58.7% 96.1%
Tsawwassen $542,100 233.5 -0.6% -1.1% 0.0% -0.6% -2.4% 34.6% 59.5%
Vancouver East $595,800 334.9 0.1% 1.3% 0.9% 1.8% -0.9% 50.0% 88.9%
Vancouver West $762,500 247.4 0.4% -2.7% -4.0% -1.7% -6.1% 27.0% 67.2%
West Vancouver $1,072,900 218.0 -2.1% -2.0% 7.6% 7.7% -4.2% 25.7% 59.2%
Whistler $512,100 200.6 5.0% 0.6% 9.4% 6.3% 5.9% 69.9% 65.8%
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 18
C:DATAMonthEndHpiexporthi_resgv-hpi2.tif
Greater
Vancouver
5
Year
Trend
60
110
160
210
260
310
Jan 2016
Mar 2016
May 2016
Jul 2016
Sep 2016
Nov 2016
Jan 2017
Mar 2017
May 2017
Jul 2017
Sep 2017
Nov 2017
Jan 2018
Mar 2018
May 2018
Jul 2018
Sep 2018
Nov 2018
Jan 2019
Mar 2019
May 2019
Jul 2019
Sep 2019
Nov 2019
Jan 2020
Mar 2020
May 2020
Jul 2020
Sep 2020
Nov 2020
Jan 2021
Price
Index
Residential
Detached
Townhouse
Apartment
Jan
2005
HPI
=
100
1
28
2021
MLS
®
SALES
Facts
B
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a
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C
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S
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Is
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-
G
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lf
M
a
p
le
R
id
g
e
/P
it
t
M
e
a
d
o
w
s
N
e
w
W
e
s
tm
in
s
t
e
r
N
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V
a
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c
o
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e
r
P
o
r
t
C
o
q
u
it
la
m
P
o
r
t
M
o
o
d
y
/B
e
lc
a
r
r
a
R
ic
h
m
o
n
d
S
q
u
a
m
is
h
S
u
n
s
h
in
e
C
o
a
s
t
V
a
n
c
o
u
v
e
r
E
a
s
t
V
a
n
c
o
u
v
e
r
W
e
s
t
W
e
s
t
V
a
n
c
o
u
v
e
r
/H
o
w
e
S
o
u
n
d
W
h
is
tl
e
r
/P
e
m
b
e
r
to
n
Detached
56
76
45
6
95
21
45
33
9
71
19
42
109
69
29
15
740
Attached
58
38
10
0
68
14
41
18
9
64
12
8
48
38
5
23
454
Apartment
196
106
18
0
49
66
92
37
28
142
16
10
99
285
11
40
1,195
Detached
$1,574,000
$1,500,000
$1,268,000
n/a
$1,051,250
$1,275,000
$1,840,000
$1,190,000
n/a
$1,588,800
n/a
$747,500
$1,731,500
$3,300,000
$3,100,000
n/a
Attached
$896,650
$873,900
n/a
n/a
$639,950
n/a
$1,218,952
n/a
n/a
$891,500
n/a
n/a
$1,234,000
$1,465,944
n/a
$935,000
n/a
Apartment
$579,450
$562,500
n/a
n/a
$399,900
$537,500
$699,250
$450,000
$592,500
$560,950
n/a
n/a
$633,000
$756,500
n/a
$559,000
Detached
83
103
58
13
126
24
81
29
21
111
28
63
133
84
53
16
1,026
Attached
68
64
30
0
65
22
42
23
19
78
22
10
68
38
9
35
593
Apartment
209
140
20
0
46
103
124
52
38
152
25
8
147
364
18
28
1,474
Detached
$1,538,000
$1,405,000
$1,237,500
n/a
$996,900
$1,136,500
$1,751,000
$1,107,000
$1,450,000
$1,712,500
$1,253,500
$850,000
$1,599,888
$2,855,000
$2,799,990
n/a
Attached
$812,000
$839,900
$680,450
n/a
$585,000
$734,950
$1,099,500
$647,000
n/a
$880,000
$777,500
n/a
$1,188,000
$1,311,500
n/a
$1,150,000
n/a
Apartment
$605,000
$517,500
$484,000
n/a
$415,000
$495,000
$665,000
$462,000
$560,500
$545,500
$490,000
n/a
$610,000
$741,250
n/a
$362,500
Detached
41
41
23
4
67
7
24
22
9
52
12
21
53
35
21
7
439
Attached
37
32
13
2
36
4
13
15
12
63
6
4
30
30
2
19
318
Apartment
124
71
20
0
32
38
63
23
16
101
11
3
78
210
6
18
814
Detached
$1,374,000
$1,305,000
$969,100
n/a
$849,000
n/a
$1,698,334
$870,500
n/a
$1,604,000
n/a
$654,628
$1,500,000
$3,230,000
$2,510,000
n/a
Attached
$780,000
$762,450
n/a
n/a
$529,490
n/a
n/a
n/a
n/a
$795,000
n/a
n/a
$1,030,000
$1,517,000
n/a
n/a
n/a
Apartment
$589,000
$501,900
$597,000
n/a
$400,000
$520,000
$572,200
$429,000
n/a
$555,000
n/a
n/a
$547,450
$755,000
n/a
n/a
Detached
56
76
45
6
95
21
45
33
9
71
19
42
109
69
29
15
740
Attached
58
38
10
0
68
14
41
18
9
64
12
8
48
38
5
23
454
Apartment
196
106
18
0
49
66
92
37
28
142
16
10
99
285
11
40
1,195
Detached
$1,574,000
$1,500,000
$1,268,000
n/a
$1,051,250
$1,275,000
$1,840,000
$1,190,000
n/a
$1,588,800
n/a
$747,500
$1,731,500
$3,300,000
$3,100,000
n/a
Attached
$896,650
$873,900
n/a
n/a
$639,950
n/a
$1,218,952
n/a
n/a
$891,500
n/a
n/a
$1,234,000
$1,465,944
n/a
$935,000
n/a
Apartment
$579,450
$562,500
n/a
n/a
$399,900
$537,500
$699,250
$450,000
$592,500
$560,950
n/a
n/a
$633,000
$756,500
n/a
$559,000
Detached
41
41
23
4
67
7
24
22
9
52
12
21
53
35
21
7
439
Attached
37
32
13
2
36
4
13
15
12
63
6
4
30
30
2
19
318
Apartment
124
71
20
0
32
38
63
23
16
101
11
3
78
210
6
18
814
Detached
$1,374,000
$1,305,000
$969,100
n/a
$849,000
n/a
$1,698,334
$870,500
n/a
$1,604,000
n/a
$654,628
$1,500,000
$3,230,000
$2,510,000
n/a
Attached
$780,000
$762,450
n/a
n/a
$529,490
n/a
n/a
n/a
n/a
$795,000
n/a
n/a
$1,030,000
$1,517,000
n/a
n/a
n/a
Apartment
$589,000
$501,900
$597,000
n/a
$400,000
$520,000
$572,200
$429,000
n/a
$555,000
n/a
n/a
$547,450
$755,000
n/a
n/a
Note:
Median
Selling
Prices
are
not
reported
for
areas
with
less
than
20
sales
or
for
the
Gulf
Islands
Number
of
Sales
January
2021
Number
of
Sales
Median
Selling
Price
Number
of
Sales
Median
Selling
Price
Number
of
Sales
Median
Selling
Price
December
2020
January
2020
Jan.
-
Jan.
2021
Jan.
-
Jan.
2020
Median
Selling
Price
Number
of
Sales
Median
Selling
Price
January
2021
Year-to-date
Year-to-date
1
28
2021
MLS
®
LISTINGS
Facts
B
u
r
n
a
b
y
C
o
q
u
it
la
m
D
e
lt
a
-
S
o
u
th
Is
la
n
d
s
-
G
u
lf
M
a
p
le
R
id
g
e
/P
it
t
M
e
a
d
o
w
s
N
e
w
W
e
s
tm
in
s
t
e
r
N
o
r
th
V
a
n
c
o
u
v
e
r
P
o
r
t
C
o
q
u
it
la
m
P
o
r
t
M
o
o
d
y
/B
e
lc
a
r
r
a
R
ic
h
m
o
n
d
S
q
u
a
m
is
h
S
u
n
s
h
in
e
C
o
a
s
t
V
a
n
c
o
u
v
e
r
E
a
s
t
V
a
n
c
o
u
v
e
r
W
e
s
t
W
e
s
t
V
a
n
c
o
u
v
e
r
/H
o
w
e
S
o
u
n
d
W
h
is
tl
e
r
/P
e
m
b
e
r
to
n
Detached
103
114
68
5
125
25
87
50
20
152
38
66
175
144
137
19
1,328
Attached
78
65
27
2
79
28
67
29
15
138
18
10
106
106
14
27
809
Apartment
358
149
45
0
62
159
178
77
37
306
23
11
216
640
38
44
2,343
Detached
54%
67%
66%
120%
76%
84%
52%
66%
45%
47%
50%
64%
62%
48%
21%
79%
Attached
74%
58%
37%
0%
86%
50%
61%
62%
60%
46%
67%
80%
45%
36%
36%
85%
n/a
Apartment
55%
71%
40%
n/a
79%
42%
52%
48%
76%
46%
70%
91%
46%
45%
29%
91%
Detached
58
59
47
5
78
10
53
28
10
85
10
41
105
80
44
32
745
Attached
57
49
13
0
44
13
30
25
9
62
14
10
50
46
5
16
443
Apartment
211
100
10
0
54
69
79
48
31
148
14
2
106
296
16
37
1,221
Detached
143%
175%
123%
260%
162%
240%
153%
104%
210%
131%
280%
154%
127%
105%
120%
50%
Attached
119%
131%
231%
n/a
148%
169%
140%
92%
211%
126%
157%
100%
136%
83%
180%
219%
n/a
Apartment
99%
140%
200%
n/a
85%
149%
157%
108%
123%
103%
179%
400%
139%
123%
113%
76%
Detached
123
117
70
6
130
28
131
37
24
168
28
49
120
144
136
23
1,334
Attached
80
61
28
3
71
19
60
35
11
109
16
10
63
92
7
31
696
Apartment
250
124
51
1
55
88
175
55
28
242
24
3
171
500
31
44
1,842
Detached
33%
35%
33%
67%
52%
25%
18%
59%
38%
31%
43%
43%
44%
24%
15%
30%
Attached
46%
52%
46%
67%
51%
21%
22%
43%
109%
58%
38%
40%
48%
33%
29%
61%
n/a
Apartment
50%
57%
39%
0%
58%
43%
36%
42%
57%
42%
46%
100%
46%
42%
19%
41%
Detached
103
114
68
5
125
25
87
50
20
152
38
66
175
144
137
19
1,328
Attached
78
65
27
2
79
28
67
29
15
138
18
10
106
106
14
27
809
Apartment
358
149
45
0
62
159
178
77
37
306
23
11
216
640
38
44
2,343
Detached
54%
67%
66%
120%
76%
84%
52%
66%
45%
47%
50%
64%
62%
48%
21%
79%
Attached
74%
58%
37%
0%
86%
50%
61%
62%
60%
46%
67%
80%
45%
36%
36%
85%
n/a
Apartment
55%
71%
40%
n/a
79%
42%
52%
48%
76%
46%
70%
91%
46%
45%
29%
91%
Detached
123
117
70
6
130
28
131
37
24
168
28
49
120
144
136
23
1,334
Attached
80
61
28
3
71
19
60
35
11
109
16
10
63
92
7
31
696
Apartment
250
124
51
1
55
88
175
55
28
242
24
3
171
500
31
44
1,842
Detached
33%
35%
33%
67%
52%
25%
18%
59%
38%
31%
43%
43%
44%
24%
15%
30%
Attached
46%
52%
46%
67%
51%
21%
22%
43%
109%
58%
38%
40%
48%
33%
29%
61%
n/a
Apartment
50%
57%
39%
0%
58%
43%
36%
42%
57%
42%
46%
100%
46%
42%
19%
41%
*
Year-to-date
listings
represent
a
cumulative
total
of
listings
rather
than
total
active
listings.
%
Sales
to
Listings
Number
of
Listings
%
Sales
to
Listings
December
2020
January
2020
Jan.
-
Jan.
2021
Jan.
-
Jan.
2020
%
Sales
to
Listings
Number
of
Listings
%
Sales
to
Listings
Number
of
Listings
January
2021
Number
of
Listings
%
Sales
to
Listings
Number
of
Listings
January
2021
Year-to-date*
Year-to-date*
Listing & Sales Activity Summary
Listings Sales
1 2 3 Col. 2 & 3 5 6 7 Col. 6 & 7 9 10 Col. 9 & 10
Jan Dec Jan Percentage Jan Dec Jan Percentage Nov 2019 - Nov 2020 - Percentage
2020 2020 2021 Variance 2020 2020 2021 Variance Jan 2020 Jan 2021 Variance
BURNABY % % %
DETACHED 123 58 103 77.6 41 83 56 -32.5 169 232 37.3
ATTACHED 80 57 78 36.8 37 68 58 -14.7 142 190 33.8
APARTMENTS 250 211 358 69.7 124 209 196 -6.2 495 598 20.8
COQUITLAM
DETACHED 117 59 114 93.2 41 103 76 -26.2 181 271 49.7
ATTACHED 61 49 65 32.7 32 64 38 -40.6 109 161 47.7
APARTMENTS 124 100 149 49.0 71 140 106 -24.3 252 354 40.5
DELTA
DETACHED 70 47 68 44.7 23 58 45 -22.4 79 157 98.7
ATTACHED 28 13 27 107.7 13 30 10 -66.7 41 71 73.2
APARTMENTS 51 10 45 350.0 20 20 18 -10.0 60 55 -8.3
MAPLE RIDGE/PITT MEADOWS
DETACHED 130 78 125 60.3 67 126 95 -24.6 256 335 30.9
ATTACHED 71 44 79 79.5 36 65 68 4.6 108 198 83.3
APARTMENTS 55 54 62 14.8 32 46 49 6.5 111 135 21.6
NORTH VANCOUVER
DETACHED 131 53 87 64.2 24 81 45 -44.4 158 220 39.2
ATTACHED 60 30 67 123.3 13 42 41 -2.4 76 122 60.5
APARTMENTS 175 79 178 125.3 63 124 92 -25.8 237 344 45.1
NEW WESTMINSTER
DETACHED 28 10 25 150.0 7 24 21 -12.5 41 74 80.5
ATTACHED 19 13 28 115.4 4 22 14 -36.4 25 63 152.0
APARTMENTS 88 69 159 130.4 38 103 66 -35.9 182 250 37.4
PORT MOODY/BELCARRA
DETACHED 24 10 20 100.0 9 21 9 -57.1 29 51 75.9
ATTACHED 11 9 15 66.7 12 19 9 -52.6 41 47 14.6
APARTMENTS 28 31 37 19.4 16 38 28 -26.3 46 92 100.0
PORT COQUITLAM
DETACHED 37 28 50 78.6 22 29 33 13.8 74 97 31.1
ATTACHED 35 25 29 16.0 15 23 18 -21.7 58 67 15.5
APARTMENTS 55 48 77 60.4 23 52 37 -28.8 99 129 30.3
RICHMOND
DETACHED 168 85 152 78.8 52 111 71 -36.0 205 270 31.7
ATTACHED 109 62 138 122.6 63 78 64 -17.9 184 230 25.0
APARTMENTS 242 148 306 106.8 101 152 142 -6.6 379 451 19.0
SUNSHINE COAST
DETACHED 49 41 66 61.0 21 63 42 -33.3 100 188 88.0
ATTACHED 10 10 10 0.0 4 10 8 -20.0 16 35 118.8
APARTMENTS 3 2 11 450.0 3 8 10 25.0 9 24 166.7
SQUAMISH
DETACHED 28 10 38 280.0 12 28 19 -32.1 42 76 81.0
ATTACHED 16 14 18 28.6 6 22 12 -45.5 34 62 82.4
APARTMENTS 24 14 23 64.3 11 25 16 -36.0 35 66 88.6
VANCOUVER EAST
DETACHED 120 105 175 66.7 53 133 109 -18.0 233 379 62.7
ATTACHED 63 50 106 112.0 30 68 48 -29.4 121 182 50.4
APARTMENTS 171 106 216 103.8 78 147 99 -32.7 321 407 26.8
VANCOUVER WEST
DETACHED 144 80 144 80.0 35 84 69 -17.9 159 248 56.0
ATTACHED 92 46 106 130.4 30 38 38 0.0 101 136 34.7
APARTMENTS 500 296 640 116.2 210 364 285 -21.7 775 964 24.4
WHISTLER/PEMBERTON
DETACHED 23 32 19 -40.6 7 16 15 -6.3 26 55 111.5
ATTACHED 31 16 27 68.8 19 35 23 -34.3 64 95 48.4
APARTMENTS 44 37 44 18.9 18 28 40 42.9 59 122 106.8
WEST VANCOUVER/HOWE SOUND
DETACHED 136 44 137 211.4 21 53 29 -45.3 101 144 42.6
ATTACHED 7 5 14 180.0 2 9 5 -44.4 11 20 81.8
APARTMENTS 31 16 38 137.5 6 18 11 -38.9 29 49 69.0
GRAND TOTALS
DETACHED 1328 740 1323 78.8 435 1013 734 -27.5 1853 2797 50.9
ATTACHED 693 443 807 82.2 316 593 454 -23.4 1131 1679 48.5
APARTMENTS 1841 1221 2343 91.9 814 1474 1195 -18.9 3089 4040 30.8
Residential
Average
Sale
Prices
-
January
1977
to
January
2021
0
200
400
600
800
1000
1200
1400
1600
1800
2000
1
9
7
7
1
9
7
8
1
9
7
9
1
9
8
0
1
9
8
1
1
9
8
2
1
9
8
3
1
9
8
4
1
9
8
5
1
9
8
6
1
9
8
7
1
9
8
8
1
9
8
9
1
9
9
0
1
9
9
1
1
9
9
2
1
9
9
3
1
9
9
4
1
9
9
5
1
9
9
6
1
9
9
7
1
9
9
8
1
9
9
9
2
0
0
0
2
0
0
1
2
0
0
2
2
0
0
3
2
0
0
4
2
0
0
5
2
0
0
6
2
0
0
7
2
0
0
8
2
0
0
9
2
0
1
0
2
0
1
1
2
0
1
2
2
0
1
3
2
0
1
4
2
0
1
5
2
0
1
6
2
0
1
7
2
0
1
8
2
0
1
9
2
0
2
0
2
0
2
1
DETACHED
CONDOMINIUM
ATTACHED
APARTMENTS
IN
THOUSANDS
($)
NOTE:
From
1977
-
1984
condominium
averages
were
not
separated
into
attached
&
apartment.
$964,321
$690,836
$1,825,649

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