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Help Page for Buyers: Finding Market Information

Page Contents :
Overview of Market Information Resources

Understanding the Housing Price Index (HPI)
HPI graphs & tables
"Listed vs Sold" graphs
Monthly Reports


Overview of Market Info-[ top of page & help menu]

Each month your REALTOR® carefully analyses the most recent comparable data for homes listed and sold in your neighbourhood to determine the current trend of housing prices, while taking into consideration the present state of the BC economy [www.bcstats.gov.bc.ca]. The results are graphed and available in our "Listed Vs Sold" section.

A monthly Report compares changes in property sales and index prices over the past one-year period. It also highlights areas that have had the most sales activity. To view these check out the "Monthly Reports"

The REBGV's Housing Price Index (HPI) is an excellent market resource to follow trends in housing prices. The theory behind the HPI is similar to the Consumer Price Index (CPI), where a basket of goods or housing features of a "typical" home are tracked. The property's estimated value is based on the combined value of its features, rather than the property itself. The MLSLink Housing Price Index is produced monthly and provides homebuyers with a clearer picture of housing price trends. REALTORS® use this chart to help them track price movements of detached, attached and apartment properties in their community and Greater Vancouver as a whole.

Understanding the Housing Price Index (HPI)- [ top of page & help menu]
  1. Realtlylink features detailed information on how we create the Housing Price Index and how you can use the resulting graphs.
  2. Go to the Market Tracker Section (Click the black "Buy Homes" button on the top menu, then click the purple "Market Tracker" button.)
  3. Select "HPI Explained" from the left-hand menu
  4. Read or print the page to learn about the HPI

* helpful links: Go to HPI Explained

HPI Graphs & Tables- [ top of page & help menu]

  1. Go to the Market Tracker Section (Click the black "Buy Homes" button on the top menu, then click the purple "Market Tracker" button.)
  2. Select "Housing Price Index" from the left-hand menu.
  3. Both graphical and table displays are available for the HPI information for each listed date. It is the same information, just 2 different ways of looking at it.
  4. Choose a table from the grey menu for a detailed spreadsheet view. Select a graphical version from the right-hand green menu for a faster overview and a line graph of the results.
  5. The graph or table will appear in a viewer with a "Return to Previous Page" button on it. View or print the HPI and click this button to return to the Market Tracker Page

* helpful links: Go to HPI Graphs & Tables

Listed vs. Sold Graphs- [ top of page & help menu]

  1. Go to the Market Tracker Section (Click the black "Buy Homes" button on top menu, then click the purple "Market Tracker" button.)
  2. Click the "Listed vs. Sold" link on the left hand menu.
  3. You are at a page where you can design your own graph using the on screen controls.
  4. Use the pull down menu to select the area for your graph.
  5. Select a property type using the round radio buttons
  6. Click "Click here to get Graph" to view the graph.
  7. The graph or table will appear in a viewer with a "Return to Previous Page" button on it. View or print the graph and click this button to return to the Market Tracker Page.

* helpful links: Go to Listed vs. Sold graphs

Monthly Reports- [ top of page & help menu]

  1. Go to the Market Tracker Section (Click the black "Buy Homes" button on the the top menu, then click the purple "Market Tracker" button.)
  2. Click the "Monthly Report" link on the left hand menu.
  3. Click on the month of the Report you would like to read.
  4. The report will appear in a viewer with a "Return to Previous Page" button on it. View or print the graph and click the button to return to the Market Tracker Page.

* helpful links: Go to Monthly Report