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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]
- Realtlylink
features detailed information on how we create the Housing Price
Index and how you can use the resulting graphs.
- Go to the
Market Tracker Section (Click the black "Buy Homes"
button on the top menu, then click the purple "Market Tracker"
button.)
- Select "HPI
Explained" from the left-hand menu
- Read or
print the page to learn about the HPI
*
helpful links:
Go to HPI Explained
HPI
Graphs & Tables-
[
top of page & help menu]
- Go to the
Market Tracker Section (Click the black "Buy Homes"
button on the top menu, then click the purple "Market Tracker"
button.)
- Select "Housing
Price Index" from the left-hand menu.
- 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.
- 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.
- 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]
- Go to the
Market Tracker Section (Click the black "Buy Homes"
button on top menu, then click the purple "Market Tracker"
button.)
- Click the
"Listed vs. Sold" link on the left hand menu.
- You are
at a page where you can design your own graph using the on screen
controls.
- Use the
pull down menu to select the area for your graph.
- Select a
property type using the round radio buttons
- Click "Click
here to get Graph" to view the graph.
- 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]
- Go to the
Market Tracker Section (Click the black "Buy Homes"
button on the the top menu, then click the purple "Market
Tracker" button.)
- Click the
"Monthly Report" link on the left hand menu.
- Click on
the month of the Report you would like to read.
- 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
|
Market
Tracker
