The MLS Home Price Index(HPI) is molded on the Consumer Price Index (CPI).
The HPI measures the change in the price of a housing features. This measurement started to be recorded in 2005.
MEDIAN SALES PRICE
Calculations are based on MLS sold Data. Median represents the point at which half of the homes that sold in a given month were priced higher and half were priced lower.
REBGV = Greater Vancouver
FVREB= Fraser Valley
Drag cursor over graphs for interactive #
REBGV = Greater Vancouver
FVREB= Fraser Valley
PRICE PER SQUARE FOOT
Calculation are based on MLS sold Data. Calculated by taking the median of the closed sales price divided by square footage for each individual listing in the current period.
Drag cursor over graphs for interactive #
SALES
A count fo the actual sale that closed in a given month. Calculations are based on MLS sold data.
This allows you to compare the amount of sales to past years, Are sales volumes greater or less the the past few years?
REBGV = Greater Vancouver
FVREB= Fraser Valley
SALES /ACTIVE RATIO
The number of homes sales divided by the total active inventory for the specified period. Calculations are based on the MLS sold data.
