{"id":111559,"date":"2015-01-06T13:22:20","date_gmt":"2015-01-06T18:22:20","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=111559"},"modified":"2015-01-06T13:22:20","modified_gmt":"2015-01-06T18:22:20","slug":"vancouver-housing-market-2014","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014","title":{"rendered":"A look back at how the Greater Vancouver housing market performed throughout 2014"},"content":{"rendered":"<h4 id='pressboard-ad-sponsorship-tag' style='margin-bottom: 35px;'><\/h4><p><em><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg\" rel=\"lightbox[111559]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-111570\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg\" alt=\"Vancouver housing market 2014\" width=\"1024\" height=\"576\" \/><\/a>Photo: <a href=\"https:\/\/www.flickr.com\/photos\/petehogan\/3227629100\/sizes\/l\" target=\"_blank\" class=\"external\">3dpete\/Flickr<\/a><\/em><\/p>\n<p>In many respects, 2014 &#8220;was a typical year for the Metro Vancouver housing market,&#8221; says the region&#8217;s real estate board. Overall home sames ranked fifth when compared against the past 10 years of activity, while home prices continued to increased.<\/p>\n<p>According to the final 2014 data set from the Real Estate Board of Greater Vancouver, total sales of detached, attached and apartment properties reached 33,116 last year, a 16.1 per cent increase from the 28,524 sales recorded in 2013, and a 32.3 per cent increase over the 25,032 residential sales in 2012.<\/p>\n<p>And here&#8217;s a look at the month-to-month sale trend across the region throughout 2014.<\/p>\n<p><center><script id=\"infogram_0_great-vancouver-home-sales-all-property-types\" src=\"\/\/e.infogr.am\/js\/embed.js?mnf\"><\/script><\/center><\/p>\n<div style=\"width: 100%; border-top: 1px solid #acacac; padding-top: 3px; font-family: Arial; font-size: 10px; text-align: center;\"><a style=\"color: #acacac; text-decoration: none;\" href=\"https:\/\/infogr.am\/great-vancouver-home-sales-all-property-types\" target=\"_blank\" class=\"external\">Great Vancouver home sales (all property types): Dec &#8217;13 &#8211; Dec &#8217;14<\/a> |<a style=\"color: #acacac; text-decoration: none;\" href=\"https:\/\/infogr.am\" target=\"_blank\" class=\"external\">Create infographics<\/a><\/div>\n<h2>Prices<\/h2>\n<p>The benchmark price for all property types in the region ended 2014 at $638,500. This represents a 5.8 per cent increase compared to December 2013. &#8220;Detached homes continue to be the most sought after property type in our market,\u201d said REBGV president Ray Harris. <\/p>\n<p>Indeed, the benchmark price of a single-family home climbed 8.1 per cent year-over-year in December ($927,000 &#8212; $1,002,200).<br \/>\n<center><script id=\"infogram_0_single-family-home-price-dec-13---dec-149\" src=\"\/\/e.infogr.am\/js\/embed.js?i6n\"><\/script><\/center><\/p>\n<div style=\"width: 100%; border-top: 1px solid #acacac; padding-top: 3px; font-family: Arial; font-size: 10px; text-align: center;\"><a style=\"color: #acacac; text-decoration: none;\" href=\"https:\/\/infogr.am\/single-family-home-price-dec-13---dec-149\" target=\"_blank\" class=\"external\">Single-family home price: Dec &#8217;13 &#8211; Dec &#8217;14<\/a> |<a style=\"color: #acacac; text-decoration: none;\" href=\"https:\/\/infogr.am\" target=\"_blank\" class=\"external\">Create infographics<\/a><\/div>\n<p>While townhome and condo values increased 4.5 per cent ($456,100 &#8212; $476,800) and 3.5 per cent ($367,800 &#8212; $380,700) over the same period.<\/p>\n<p><center><script id=\"infogram_0_condo-and-townhome-prices-dec-13---dec-14\" src=\"\/\/e.infogr.am\/js\/embed.js?4hp\"><\/script><\/center><\/p>\n<div style=\"width: 100%; border-top: 1px solid #acacac; padding-top: 3px; font-family: Arial; font-size: 10px; text-align: center;\"><a style=\"color: #acacac; text-decoration: none;\" href=\"https:\/\/infogr.am\/condo-and-townhome-prices-dec-13---dec-14\" target=\"_blank\" class=\"external\">Condo and townhome prices: Dec &#8217;13 &#8211; Dec &#8217;14<\/a> |<a style=\"color: #acacac; text-decoration: none;\" href=\"https:\/\/infogr.am\" target=\"_blank\" class=\"external\">Create infographics<\/a><\/div>\n<p>And what can we expect from Canada&#8217;s most expensive market in 2015? According to a <a href=\"https:\/\/www.livabl.com\/articles\/2014\/12\/canadas-house-prices-2015-remax.html\">recent forecast from\u00a0Re\/Max<\/a>, the number of homes sold in\u00a0the Vancouver region this year will remain largely the same as levels in 2014, while house prices will see an increase of around three per cent.<\/p>\n<p>Across Vancouver, the realtor group says young families and equity downsizers will drive demand. Buyers who cannot afford detached homes on the West Side of Vancouver proper will take advantage of the relative affordability of townhouse living. Demand for West Side homes will continue to be driven by off-shore buyers who can afford to pay the two million dollar-plus price tag.<\/p>\n<div id='pressboard-ad-sponsorship-msg'><\/div>\n","protected":false},"excerpt":{"rendered":"<p>It was a particularly good year for the single-family home segment.<\/p>\n","protected":false},"author":49,"featured_media":111570,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11269],"tags":[],"coauthors":[10332],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A look back at how the Greater Vancouver housing market performed throughout 2014 | Livabl<\/title>\n<meta name=\"description\" content=\"In many respects, 2014 &quot;was a typical year for the Metro Vancouver housing market,&quot; says the region&#039;s real estate board.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A look back at how the Greater Vancouver housing market performed throughout 2014 | Livabl\" \/>\n<meta property=\"og:description\" content=\"In many respects, 2014 &quot;was a typical year for the Metro Vancouver housing market,&quot; says the region&#039;s real estate board.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014\" \/>\n<meta property=\"og:site_name\" content=\"Livabl\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-06T18:22:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Livabl\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Livabl\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014\",\"url\":\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014\",\"name\":\"A look back at how the Greater Vancouver housing market performed throughout 2014 | Livabl\",\"isPartOf\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg\",\"datePublished\":\"2015-01-06T18:22:20+00:00\",\"dateModified\":\"2015-01-06T18:22:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/36764230a969f18fc6dc798c5a4daedf\"},\"description\":\"In many respects, 2014 \\\"was a typical year for the Metro Vancouver housing market,\\\" says the region's real estate board.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#primaryimage\",\"url\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg\",\"contentUrl\":\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg\",\"width\":1024,\"height\":576},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Articles\",\"item\":\"https:\/\/www.livabl.com\/articles\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Archives\",\"item\":\"https:\/\/www.livabl.com\/articles\/archives\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"A look back at how the Greater Vancouver housing market performed throughout 2014\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.livabl.com\/articles\/#website\",\"url\":\"https:\/\/www.livabl.com\/articles\/\",\"name\":\"Livabl\",\"description\":\"Building New Home Dreams\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.livabl.com\/articles\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/36764230a969f18fc6dc798c5a4daedf\",\"name\":\"Livabl\",\"url\":\"https:\/\/www.livabl.com\/articles\/author\/livabl\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A look back at how the Greater Vancouver housing market performed throughout 2014 | Livabl","description":"In many respects, 2014 \"was a typical year for the Metro Vancouver housing market,\" says the region's real estate board.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014","og_locale":"en_US","og_type":"article","og_title":"A look back at how the Greater Vancouver housing market performed throughout 2014 | Livabl","og_description":"In many respects, 2014 \"was a typical year for the Metro Vancouver housing market,\" says the region's real estate board.","og_url":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014","og_site_name":"Livabl","article_published_time":"2015-01-06T18:22:20+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg","type":"image\/jpeg"}],"author":"Livabl","twitter_misc":{"Written by":"Livabl","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014","url":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014","name":"A look back at how the Greater Vancouver housing market performed throughout 2014 | Livabl","isPartOf":{"@id":"https:\/\/www.livabl.com\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#primaryimage"},"image":{"@id":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#primaryimage"},"thumbnailUrl":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg","datePublished":"2015-01-06T18:22:20+00:00","dateModified":"2015-01-06T18:22:20+00:00","author":{"@id":"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/36764230a969f18fc6dc798c5a4daedf"},"description":"In many respects, 2014 \"was a typical year for the Metro Vancouver housing market,\" says the region's real estate board.","breadcrumb":{"@id":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#primaryimage","url":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg","contentUrl":"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2015\/01\/Vancouver-housing-market-2014.jpg","width":1024,"height":576},{"@type":"BreadcrumbList","@id":"https:\/\/www.livabl.com\/articles\/archives\/vancouver-housing-market-2014#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Articles","item":"https:\/\/www.livabl.com\/articles"},{"@type":"ListItem","position":2,"name":"Archives","item":"https:\/\/www.livabl.com\/articles\/archives"},{"@type":"ListItem","position":3,"name":"A look back at how the Greater Vancouver housing market performed throughout 2014"}]},{"@type":"WebSite","@id":"https:\/\/www.livabl.com\/articles\/#website","url":"https:\/\/www.livabl.com\/articles\/","name":"Livabl","description":"Building New Home Dreams","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.livabl.com\/articles\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.livabl.com\/articles\/#\/schema\/person\/36764230a969f18fc6dc798c5a4daedf","name":"Livabl","url":"https:\/\/www.livabl.com\/articles\/author\/livabl"}]}},"_links":{"self":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts\/111559"}],"collection":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/comments?post=111559"}],"version-history":[{"count":0,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/posts\/111559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/media\/111570"}],"wp:attachment":[{"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/media?parent=111559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/categories?post=111559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/tags?post=111559"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.livabl.com\/articles\/wp-json\/wp\/v2\/coauthors?post=111559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}