Greater Vancouver Housing Market Update. Apr. 2012

REBGV reports residential property sales in Greater Vancouver reached 2,799 sales
2.6%  decrease compared to Mar. 2012 (2874 sales)
13.2%  decrease compared to April. 2011  (3,225 sales)
16.9% below the 10-year April sales average of 3,369.

New Listings: 6,056
3.6% increase compared to Mar. 2012 (5,843)
3.6% increase compared to April. 2011 (5,847)
6.7% above the 10-year average for April.

Total Listings: 16,538.
8.5 %  increase compared to Mar. 2012 
16 %  increase compared to April 2011

HPI benchmark price for all residential properties in Greater Vancouver:
$683,800
3.7% increase compared to April 2011
2.8% increase over the last three months

House Sales: 1,126
19.7% decrease from April  2011 (1,402)
17.8% increase from April .2010 (1,370)
The benchmark price: $1,064,800
6.3% increase from April .2011

Apartment Sales: 1,190
0.9% decrease from April .2011 (1,201)
22% decrease from April .2010 (1,526)
The benchmark price: $375,900
1.1% increase from April .2011

Townhome Sales: 483
22.3% decrease from April .2011 (622)
21.6% decrease from April .2010 (616)
The benchmark price: $487,300
1.7% increase from April .2011