Thursday, September 2, 2010

HPI is OUT- No change

GREATER VANCOUVER

For all Residential properties:

August 2010 HPI r - $576,597
July 2010 HPI - $ 577,076


All time high HPI April 2010: $593,419

For Detached:

August 2010 $795,076.
July 2010 $793,193


For Apartments:

August 2010 HPI $385,968
July 2010 HPI $387,879

For Attached:

August 2010 HPI $489,511.
July 2010 HPI $490,995.


All changes are +/- 1% ie well within the error of sampling and modelling. We can say with confidence that House Prices in Greater Vancouver were flat from July 2010 to August 2010. At least we have moved from option 3 in my previous post to option 2).

MOI is 7

Now lets see what higher MOI brings us.