Vancouver
DECEMBER 2011 |
www.opp.org.uk
SNAPSHOT
VANCOUVER | 67
“Anytime you have extremes in markets, it’s never healthy. You end up with a bubble. And, if the local economic base can’t support these levels, then at some point you’re going to have a lot of people burned big time. It’s not sustainable.”
2008
3-Year Price Index: Greater Vancouver 2009
2010 2011 s o n d j f ma m j j a s o n d j f ma m j j a s o n d j f ma m j j a s
180 200 220 240 260 280 300
160 Apartment Attached Detached Residential Average (Greater Vancouver) Source: Real Estate Board of Greater Vancouver (REBGV)
Currency trends: Chinese Yuan v Canadian Dollar CNY
6.91252 6.72257 6.53262
6.34268 6.15273 5.96278
Jun 8 Jul 7 Aug 5 Source:
x-rates.com Sep 5 Oct 4 Detached
262.3 Aug 2011
264.8 Sep 2011
Last Year This year Source: REBGV Month-on-Month Price Index Attached
248.1 Aug 2011
250.6 Sep 2011
Apartment
265.0 Aug 2011
263.8 Sep 2011
Residential Greater Vancouver Average
264.2 Aug 2011
265.2 Sep 2011
300 280
260 240
220 200 180 160
Last Month This Month Source: REBGV Detached
264.8 Sep 2011
233.5 Sep 2010
237.9 Sep 2010
Attached
250.6 Sep 2011
Apartment
252.8 Sep 2010
263.8 Sep 2011
Residential Greater Vancouver Average
243.8 Sep 2010
285.2 Sep 2011
Year-on-Year Price Index to Q3 2011
300 280
260 240
220 200 180 160
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