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Year-TO-DATE MLS® HPI: tracks changes of "middle-of-the-range" or "typical" homes and excludes the extreme high-end and low-end properties.Typical homes are defined by the various quantitative property attributes (e.g. above ground living area in square feet) and qualitative housing features (e.g. proximity to shopping, schools, transportation, hospitals etc.) toward the home price of properties sold in Greater Vancouver communities. These features together become the "benchmark" house in a given area. A benchmark property is designed to represent a typical residential property in a particular MLS® HPI housing market, such as Bowen Island.
Detailed statistics are added during the last week of the month following (i.e. October stats at the end of November). For early access
to the stats (during the first week of the month following) you can SUBSCRIBE HERE
free of charge. Check out examples on my blog