Macdonald Realty Market Report 2016-17

Macdonald Real Estate Group 2MARKET REPORT 2016–17

Macdonald Real Estate Group 3MARKET REPORT 2016–17

Greater Vancouver Office Market Q1 - 3 $2,500,000,000 $2,159,000,000 $2,000,000,000 $1,500,000,000Dollar Volume (Millions) $1,000,000,000 $945,000,000 $500,000,000 $709,000,000 $463,000,000 $441,000,000 $517,000,000 $0 2012 2013 2014 2015 2016 2011 *Based on the 3 Quarter Data for each year shown Source: Altus Group Ltd. (includes Asset Sales and known share transactions over $250,000) 1199 W HASTINGS ST, VANCOUVER Macdonald Real Estate Group 4 MARKET REPORT 2016–17

Macdonald Real Estate Group 5MARKET REPORT 2016–17

Macdonald Real Estate Group 6MARKET REPORT 2016–17

Macdonald Real Estate Group 7MARKET REPORT 2016–17

H O U S E 1,159 -27.7% C O N D O 2,605 6.5% T O W N H O M E 595 -26.1% ONE YEAR % CHANGE H O U S E 296 64.4% C O N D O 200 6.4% T O W N H O M E 52 -5.5% ONE YEAR % CHANGE $1,469,600 $1,518,567 $1,521,600 $1,519,300 $1,494,200 $1,462,467 $1,444,633 $1,425,233$1,210,033 $1,248,633 $1,282,433 $1,349,033$439,833 $441,500 $453,433 $477,267 $494,500 $517,400 $526,467 $529,167 $546,733 $539,533 $546,733 $541,567$440,333 $456,433 $467,000 $478,900 $508,067 $514,300 $517,967 $490,433 $497,267 $515,400 $521,467 $509,433 JAN FEB MAR APR OCT NOV DEC MAY JUN JUL AUG SEPT House Condo Townhome Macdonald Real Estate Group 8 MARKET REPORT 2016–17

H O U S E 1,396 -13.5% 24.8% C O N D O 1,470 T O W N H O M E 473 -10.9% ONE YEAR % CHANGE H O U S E 229 46.8% C O N D O 105 -48.0% T O W N H O M E 45 36.4% ONE YEAR % CHANGE $1,187,100 $1,217,300 $1,226,700 $1,228,600 $1,210,600 $1,197,100 $1,163,300 $1,125,400$982,100 $1,006,900 $1,046,100 $1,085,300$454,000 $471,500 $491,600 $510,400 $522,900 $527,500 $520,400 $516,600 $524,300 $508,700 $510,400 $504,100$304,300 $312,700 $313,800 $316,300 $327,100 $336,100 $339,900 $346,700 $344,000 $344,100 $343,200 $346,900 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 9 MARKET REPORT 2016–17

H O U S E 1,794 5.7% 58.6% C O N D O 920 10.8% T O W N H O M E 1,037 ONE YEAR % CHANGE H O U S E 175 78.6% C O N D O 48 -59.3% T O W N H O M E 71 47.9% ONE YEAR % CHANGE $820,900 $843,300 $873,300 $883,600 $882,000 $881,600 $871,600 $865,200 $722,800 $747,900 $777,400$698,400 $366,200 $386,500 $408,400 $426,600 $434,700 $430,300 $433,600 $437,100 $427,500$336,600 $348,600 $355,700$213,200 $219,600 $224,600 $226,900 $229,400 $238,800 $250,600 $258,300 $261,400 $262,100 $265,800 $274,800 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 10 MARKET REPORT 2016–17

H O U S E 1,749 12.8% C O N D O 465 69.7% T O W N H O M E 637 9.5% ONE YEAR % CHANGE H O U S E 245 28.9% C O N D O 57 -58.4% T O W N H O M E 44 -43.6% ONE YEAR % CHANGE$559,100 $578,400 $602,300 $627,200 $670,100 $692,500 $705,900 $712,500 $717,400 $714,600 $713,600 $708,000$315,400 $312,800 $318,900 $328,800 $363,000 $373,500 $398,100 $408,500 $398,000 $405,000 $402,100 $391,000$169,800 $171,200 $177,700 $185,000 $187,100 $190,000 $193,400 $200,400 $203,900 $205,500 $205,700 $208,300 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 11 MARKET REPORT 2016–17

H O U S E 1,253 -15.3% -2.7% C O N D O 1,303 T O W N H O M E 395 -12.2% ONE YEAR % CHANGE H O U S E 179 79.0% C O N D O 89 -37.3% T O W N H O M E 26 -39.5% ONE YEAR % CHANGE $1,607,600 $1,664,100 $1,699,200 $1,689,900 $1,663,500 $1,658,400 $1,625,800 $1,578,000$1,351,900 $1,382,000 $1,422,900 $1,487,600 $753,900 $798,400 $850,200 $868,200 $900,400 $879,100 $842,300 $840,600 $831,400$701,500 $728,200 $734,500$395,300 $399,000 $403,200 $471,900 $422,600 $444,200 $456,300 $467,100 $454,100 $451,600 $452,100 $452,600 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 12 MARKET REPORT 2016–17

H O U S E 1,679 -28.9% C O N D O 2,676 30.1% T O W N H O M E 1,010 -14.8% ONE YEAR % CHANGE H O U S E 491 60.5% C O N D O 283 -59.3% T O W N H O M E 163 68.0% ONE YEAR % CHANGE $1,643,400 $1,700,200 $1,717,100 $1,704,200 $1,684,800 $1,673,300 $1,610,500 $1,581,100 $1,370,200 $1,413,500 $1,503,800$1,323,800$596,000 $614,000 $631,600 $657,000 $685,400 $709,800 $724,100 $732,400 $721,600 $714,500 $722,500 $721,300$396,400 $395,700 $404,700 $406,600 $414,200 $424,100 $432,200 $440,200 $441,900 $451,300 $449,700 $456,100 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 13 MARKET REPORT 2016–17

H O U S E 1,601 -10.5% C O N D O 1,020 37.3% T O W N H O M E 854 16.5% ONE YEAR % CHANGE H O U S E 324 39.7% C O N D O 97 -47.8% T O W N H O M E 71 -20.2% ONE YEAR % CHANGE $1,390,500 $1,437,600 $1,491,000 $1,495,800 $1,459,800 $1,458,800 $1,433,900 $1,430,200$1,132,700 $1,163,900 $1,206,800 $1,286,200$454,900 $471,700 $474,000 $488,000 $494,700 $521,000 $540,700 $558,800 $565,700 $577,900 $584,100 $573,300$269,300 $283,100 $287,000 $290,900 $297,600 $310,600 $329,700 $344,000 $339,900 $352,900 $357,400 $343,400 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 14 MARKET REPORT 2016–17

H O U S E 282 -18.7% C O N D O 195 18.9% T O W N H O M E 163 -20.1% ONE YEAR % CHANGE H O U S E 93 82.4% C O N D O 52 205.9% T O W N H O M E 11 10.0% ONE YEAR % CHANGE $762,400 $779,700 $800,000 $788,300 $770,300 $792,100 $813,500$651,400 $658,600 $687,100 $729,300 $642,800 $508,200 $550,900 $574,000 $575,700 $585,600 $606,100 $613,900 $622,200 $625,200 $628,000 $649,400 $296,600 $310,500 $323,800 $340,500 $354,500 $367,600 $357,500 $361,200 $371,000$482,900 $330,900 $340,600$312,600JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 15 MARKET REPORT 2016–17

H O U S E 5,273 -5.8% C O N D O 2,539 84.7% T O W N H O M E 3,328 36.9% ONE YEAR % CHANGE H O U S E 653 52.2% C O N D O 174 -33.6% T O W N H O M E 179 -61.8% ONE YEAR % CHANGE $843,800 $870,633 $885,333 $893,267 $881,500 $878,433 $860,833 $849,867 $719,100 $750,167 $782,133$692,633 $340,767 $348,567 $359,133 $381,333 $403,167 $413,733 $414,367 $414,000 $412,733 $408,567$320,000 $330,167$216,533 $220,567 $229,033 $231,367 $238,600 $241,600 $247,900 $254,400 $255,033 $258,167 $262,600 $261,500 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 16 MARKET REPORT 2016–17

H O U S E 1,510 -22.3% -7.4% C O N D O 1,708 T O W N H O M E 286 -22.5% ONE YEAR % CHANGE H O U S E 545 114.6% C O N D O 129 19.4% TOWNHOME 35 250.0% ONE YEAR % CHANGE $1,456,700 $1,511,500 $1,528,200 $1,533,600 $1,537,300 $1,516,900 $1,473,900 $1,456,700$1,234,100 $1,265,800 $1,288,400 $1,345,400$661,200 $683,600 $714,000 $720,300 $725,500 $765,500 $769,800 $785,900 $776,100 $771,000 $765,500 $731,000$373,800 $385,300 $390,200 $400,500 $403,800 $418,400 $435,500 $439,800 $434,200 $450,000 $437,800 $435,500 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 17 MARKET REPORT 2016–17

H O U S E 1,597 -21.9% C O N D O 5,193 -4.8% T O W N H O M E 574 -22.6% ONE YEAR % CHANGE H O U S E 402 -1.0% -13.5% C O N D O 549 T O W N H O M E 69 -23.3% ONE YEAR % CHANGE $3,442,100 $3,547,300 $3,591,200 $3,617,400 $3,623,300 $3,569,700 $3,521,000 $3,443,100$2,928,800 $3,003,800 $3,072,000 $3,199,600$892,600 $907,200 $939,000 $966,400 $1,035,400 $1,092,900 $1,088,400 $1,107,000 $1,115,900 $1,123,800 $1,089,300 $1,061,500$599,200 $624,800 $635,300 $656,900 $673,000 $696,200 $698,000 $691,900 $681,700 $680,100 $686,300 $666,800 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 18 MARKET REPORT 2016–17

H O U S E 842 -21.5% C O N D O 225 8.7% T O W N H O M E 45 -27.4% ONE YEAR % CHANGE H O U S E 278 -14.5% C O N D O 48 -37.7% T O W N H O M E 8 -11.1% ONE YEAR % CHANGE $3,129,100 $3,261,600 $3,365,600 $3,359,400 $3,361,600 $3,210,100 $2,710,500 $2,799,900 $2,928,200 $3,016,600 $2,948,200$2,659,000$766,600 $761,600 $822,000 $854,100 $851,800 $846,300 $894,300 $906,700 $903,000 $899,800 $892,500 $912,700 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Macdonald Real Estate Group 19 MARKET REPORT 2016–17

Macdonald Real Estate Group 20MARKET REPORT 2016–17

Macdonald Real Estate Group 21MARKET REPORT 2016–17

Macdonald Real Estate Group 22MARKET REPORT 2016–17

H O U S E 3,212 19.0% C O N D O 1,621 38.0% T O W N H O M E 1,084 20.6% ONE YEAR % CHANGE H O U S E 496 -23.6% C O N D O 231 -33.4% T O W N H O M E 164 -34.1% ONE YEAR % CHANGEMLS® Average Price$529,908 $552,761 $566,762 $563,775 $601,228 $617,517 $624,773 $616,480 $623,092 $613,148 $610,573 $618,631$354,089 $366,154 $385,417 $391,572 $412,790 $411,396 $451,498 $416,118 $438,831 $392,594 $400,324 $437,463 $309,694 $277,758 $279,372 $319,474 $301,329 $290,443 $299,241 $283,751 $295,697 $284,500 $272,330$254,977JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 23 MARKET REPORT 2016–17

H O U S E 1,302 20.1% C O N D O 379 12.8% T O W N H O M E 324 33.9% ONE YEAR % CHANGE H O U S E 389 -32.2% C O N D O 113 -46.9% T O W N H O M E 80 1.3% ONE YEAR % CHANGEMLS® Average Price$433,040 $414,961 $394,113 $456,129 $469,692 $471,612 $438,712 $457,550 $445,209 $536,283 $432,449 $440,761$278,305 $277,775 $276,880 $252,505 $290,330 $299,857 $291,574 $288,275 $258,990$238,821 $212,250 $252,502 $255,944 $286,884 $257,303 $272,162 $239,777 $216,000 $223,574 $242,459 $197,717 $288,115 $240,829 $220,595JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 24 MARKET REPORT 2016–17

H O U S E 958 27.2% C O N D O 117 33.0% T O W N H O M E 98 34.2% ONE YEAR % CHANGE H O U S E 210 -35.8% C O N D O 30 -48.3% T O W N H O M E 16 -56.8% ONE YEAR % CHANGE $462,600 $467,300 $475,500 $479,800 $483,800 $488,600 $492,900$399,000 $411,300 $421,300 $445,200 $398,100JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Macdonald Real Estate Group 25 MARKET REPORT 2016–17

H O U S E 5,243 22.4% C O N D O 2,795 35.7% T O W N H O M E 1,123 33.1% ONE YEAR % CHANGE H O U S E 466 -36.9% C O N D O 186 -62.7% T O W N H O M E 65 -65.6% ONE YEAR % CHANGE$524,000 $537,200 $552,800 $568,100 $584,700 $593,700 $603,500 $610,400 $612,400 $618,700 $620,100 $625,600$425,100 $428,300 $432,400 $442,200 $457,000 $461,900 $476,200 $476,400 $486,800 $491,500 $501,300 $502,200 $322,600 $326,800 $332,900 $342,200 $350,000 $356,900 $362,800 $367,800 $371,300 $373,700$302,900 $312,200JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 26 MARKET REPORT 2016–17

H O U S E 148 0.7% C O N D O 446 42.9% T O W N H O M E 269 -6.9% ONE YEAR % CHANGE H O U S E 60 -36.8% -49.6% C O N D O 68 -37.0% T O W N H O M E 34 ONE YEAR % CHANGE $1,272,100 $1,280,200 $1,322,700 $1,301,800 $1,311,200 $1,323,400 $1,354,500 $1,126,900 $1,179,700 $1,226,600$1,095,900 $1,098,000 $722,600 $726,700 $732,300 $755,000 $762,600 $771,600 $769,700 $772,700 $807,100$610,000 $632,800 $690,000$332,100 $299,500 $309,000 $329,100 $351,400 $351,100 $353,200 $375,500 $393,800 $368,700 $383,100 $401,100 JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC House Condo Townhome Macdonald Real Estate Group 27 MARKET REPORT 2016–17

Macdonald Real Estate Group 28MARKET REPORT 2016–17