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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.
Each point represents 12 months of activity
Detailed statistics are added near the end of the month following (i.e. October stats at the end of November). For
early access to the stats (about mid-month of the month following) you can
SUBSCRIBE HERE free of charge. Check out examples on
my blog.
