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Housing Price Index

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Housing Price Index Powered By Docstoc
					                                                                                            Vancouver
                                                                                           House Prices

                       780
                       720
                       660
 Dollars (Thousands)




                       600
                       540
                       480
                       420
                       360
                       300
                       240
                       180
                       120
                        60
                          1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007
                                                                                               Year
Notes: (1) UBC CUER calculations using Royal LePage Housing Price Index
        (2) House prices reflect the stimated averagre market value of two house types:                   Nominal House Price
             i) single storey, 3BR, 1.5 bath, 1,200 sq. ft. house on a 5,500 sq. ft. lot and
            ii) two storey, 4BR, 2.5 bath, 2,000 sq. ft. house on a 6,500 sq. ft. lot.
Real princes in 2004 Q2 Dollars
                                                                                                          Real House Price

				
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posted:3/29/2010
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