infographics
CMB MAGAZINE cmba-achc.ca summer 2016 | 41
Fast forward to 2016.
Vancouver is seeing
record-breaking prices,
and the momentum for
single-family homes is showing
no signs of slowing down.
Vancouver's Housing Feeding Frenzy
$1,817,027 $968,437 $540,624 $343,369
Greater Vancouver Greater Toronto Calgary Greater Montreal
SOURCES: MLS via Real Estate Board of Greater Vancouver,
Toronto Real Estate Board, Calgary Real Estate Board, and
the Quebec Federation of Real Estate Boards
Average detached home price by city
Record high prices aren't
dampening sales though.
In 2016 so far, regional sales
have been brisk with nearly
17,000 sold in the first third
of the year.
Jan 2016 Feb 2016 Mar 2016 Apr 2016
2,519 4,172 5,173 4,781
Total 2016
16,645
=
NEW RECORD
SOURCE: Real Estate Board of Greater Vancouver
$1M
$2M
$3M
$4M
$5M
$6M
$7M
$8M
+14.8%
+33.7%
+21.0%
+9.0%
+3.3%
+35.4%
+14.8%
+10.8%
Assessed prices are just the beginning.
All across the region, homes are routinely
selling far above their asking prices. Here
are a handful of examples highlighted by
local media outlets:
This is the "mul§million dollar knockdown" we mentioned earlier.
Detached Home Detached Home Townhouse Detached Home Detached Home Loft Detached Home Detached Home
Point Grey Point Grey Brentwood Kitsilano
Cedar Co'age
Gastown
Shaughnessy
N. Vancouver
SOURCES: CTV News, Globe and Mail, VancityBuzz, Vancouver Sun
INFOGRAPHICS:
THE
VISUAL
CAPITALIST
