VANCOUVER, B.C. – August 5, 2014 – The Greater Vancouver housing market continues to

see slightly elevated demand from home buyers, steady levels of supply from home sellers and

incremental gains in home values depending on the area and property type.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in

Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in July 2014. This

represents a 3.9 per cent increase compared to the 2,946 sales recorded in July 2013, and a 10.1

per cent decline compared to the 3,406 sales in June 2014.

“This is the fourth consecutive month that the Greater Vancouver market has exceeded 3,000

sales,” Darcy McLeod, REBGV president-elect said. “Prior to this, our market had not surpassed

the 3,000 sale mark since June of 2011.”

Last month’s sales were 3.8 per cent above the 10-year sales average for July of 2,948.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro

Vancouver* is currently $628,600. This represents a 4.4 per cent increase compared to July

2013.

“Today’s activity continues to put Metro Vancouver in the upper reaches of a balanced real

estate market,” McLeod said. The sales-to-active-listings ratio currently sits at 19.6 per cent in Metro Vancouver.

This ratio has ranged between 18 and 20 per cent over the last four months.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,925

in July. This represents a 1.5 per cent increase compared to the 4,854 new listings in July 2013

and a 7.8 per cent decline from the 5,339 new listings in June.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver

is 15,617, a six per cent decline compared to July 2013 and a 2.5 per cent decrease compared to

June 2014.

Sales of detached properties in July 2014 reached 1,322, an increase of 5.8 per cent from the

1,249 detached sales recorded in July 2013, and a 68 per cent increase from the 787 units sold inJuly 2012.

The benchmark price for detached properties increased 6.5 per cent from July 2013 to

$980,500.

Sales of apartment properties reached 1,212 in July 2014, an increase of 0.2 per cent compared to

the 1,210 sales in July 2013, and a 30.7 per cent increase compared to the 927 sales in July 2012.

The benchmark price of an apartment property increased 2.2 per cent from July 2013 to

$376,500.

Attached property sales in July 2014 totalled 527, an 8.2 per cent increase compared to the 487

sales in July 2013, and a 37.2 per cent increase over the 384 attached properties sold in July

2012. The benchmark price of an attached unit increased 3.4 per cent between July 2013 and

2014 to $472,400.

-30- Statistics provided by the Greater Vancouver Real Estate Board.

VANCOUVER, B.C. – July 3, 2014 – The Greater Vancouver housing market enters the
summer season with home buyer activity on the rise.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 3,406 on the Multiple Listing Service® (MLS®) in June 2014. This
represents a 28.9 per cent increase compared to the 2,642 sales recorded in June 2013, and a 3.7
per cent increase compared to the 3,286 sales in May 2014.

Last month’s sales were 0.6 per cent above the 10-year sales average for June of 3,386.
“Competition amongst home buyers today is as strong as it’s been in the region since 2011,” Ray
Harris, REBGV president said.

The sales-to-active-listings ratio currently sits at 21.3 per cent in Greater Vancouver, which is the
highest this measure has been since June 2011.

“Over the last three years, we’ve seen changes in demand yet home prices at the regional level
have remained relative stability,” Harris said. “While these numbers provide high level trends,
it’s important to know that changes in prices always vary depending on neighbourhood and
property type. "

The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $628,200. This represents a 4.4 per cent increase compared to June 2013.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,339
in June. This represents a 9.5 per cent increase compared to the 4,874 new listings in June 2013
and a 10.1 per cent decline from the 5,936 new listings in May. Last month’s new listing count
was 2.6 per cent below the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the MLS® system in Greater
Vancouver is 16,011, a 7.4 per cent decline compared to June 2013 and a 0.4 per cent decrease
compared to May 2014.

Sales of detached properties in June 2014 reached 1,462, an increase of 32.7 per cent from the
1,102 detached sales recorded in June 2013, and a 58.7 per cent increase from the 921 units sold

in June 2012. The benchmark price for detached properties increased 6.2 per cent from June
2013 to $976,700.

Sales of apartment properties reached 1,308 in June 2014, an increase of 22.5 per cent compared
to the 1,068 sales in June 2013, and a 27.5 per cent increase compared to the 1,026 sales in June
2012. The benchmark price of an apartment property increased 2.4 per cent from June 2013 to
$378,000.

Attached property sales in June 2014 totalled 636, a 34.7 per cent increase compared to the 472
sales in June 2013, and a 53.3 per cent increase over the 415 attached properties sold in June
2012. The benchmark price of an attached unit increased 3.1 per cent between June 2013 and
2014 to $471,200.
                                                                                  -30-

SOURCE: Real Estate Board of Greater Vancouver