Vancouver BC housings market update for August 2018

MLS Home Price Index

MLS Home Price Index of detached houses in Vancouver BC in August 2018 (see graph below)

Vancouver East: $1,529,200 | -2.3% (change since August 2017)

Vancouver West: $3,278,500 | -10.3% (change since August 2017)

Average Sales Price

Average Sales Price of detached houses in Vancouver BC in August 2018 (see graph below)

Vancouver East: $1,595,193 | -0.4% (change since August 2017)

Vancouver West: $3,377,478 | -22.0% (change since August 2017)

Average Percent of Original Price

Average Percent of Original Asking Price of detached houses in Vancouver BC in August 2018 (see graph below)

Vancouver East: 94.9% | -2.6% (change since August 2017)

Vancouver West: 89.0% | -6.9% (change since August 2017)

Total Inventory

Total Inventory of detached houses in Vancouver BC in August 2018 (see graph below)

Vancouver East: 849 | +4.0% (change since August 2017)

Vancouver West: 821 | -2.0% (change since August 2017)

New Listings

New Listings of detached houses in Vancouver BC in August 2018 (see graph below)

Vancouver East: 172 | -17.7% (change since August 2017)

Vancouver West: 165 | -15.8% (change since August 2017)

Total Sales

Sales of detached houses in Vancouver BC in August 2018 (see graph below)

Vancouver East: 58 | -49.6% (change since August 2017)

Vancouver West: 59 | +13.5% (change since August 2017)

Sales to Actives Ratio

Sales to Active Listings Ratio of detached houses in Vancouver BC in August 2018 (see graph below)

Vancouver East: 0.068 | -51.8% (change since August 2017)

Vancouver West: 0.072 | +16.1% (change since August 2017)