Latest Market Update

Market Condition: Strong Buyer's Market

Vital Indicators September 2012  August 2012  September 2011 
Sales to Active Ratio (%) 8% 10% 14%
% ofiscount offered off Listing Price 5.50% 5.7% 3.8%
Average number of days in market 59 56 50
HPI [Housing Price Index] $606,100 $610,000 $611,000
Total Listings 18,040 17,204 16,687
New Listings 5,340 4,056 5,679
Total SOLDs 1,528 1,658 2,261

Real Estate Board Market Update - September 2012

B.C. Real Estate Association September 2012 Market Update