The Real Estate Board of Greater Vancouver uses the resale home price index (HPI), which strips out the priciest properties, because it asserts that calculation serves as a better barometer of trends than average prices.
http://www.theglobeandmail.com/report-on-business/economy/housing/the-real-estate-beat/price-for-detached-home-in-greater-vancouver-nears-1-million/article21887389/
Click on the banner to search Macdonald Realty listings
Click on the banner to see this month's Macrealty Real Estate Market Reports
Photo courtesy of TOURISM VANCOUVER
Photo courtesy of TOURISM RICHMOND
Photo courtesy of CITY OF BURNABY
Photo courtesy of CITY OF NEW WESTMINSTER
Photo courtesy of CITY OF SURREY