Showing posts with label Vancouver Real Estate. Show all posts
Showing posts with label Vancouver Real Estate. Show all posts

Wednesday, May 14, 2008

Dare to Compare

Below is a table comparing American median detached home prices from Q1 2008 to Edmonton, Calgary and Vancouver. Canadian prices are median from April 2008, Vancouver is benchmark instead. Edmonton includes the region, Spruce Grove, leduc, Morinville etc. Calgary is for Calgary city only. I did not do currency conversion Can$ worth 99.7 today.

US numbers from CNN Money
Edmonton from EREB
Calgary from CREB
Vancouver from Mohican's blog


Metro Area Median Price 1Q 2008 (in thousands) % Change (1-yr)
Saginaw-Saginaw Township North, MI $65,400.00 N/A
Youngstown-Warren-Boardman, OH-PA $67,700.00 -13.50%
Decatur, IL $79,400.00 4.20%
South Bend-Mishawaka, IN $80,900.00 -5.50%
Elmira, NY $82,500.00 9.60%
Canton-Massillon, OH $88,500.00 -12.00%
Davenport-Moline-Rock Island, IA-IL $88,600.00 -17.00%
Ft. Wayne, IN $88,700.00 -4.00%
Toledo, OH $89,700.00 -13.80%
Lansing-E.Lansing, MI $92,600.00 -26.90%
Cumberland, MD-WV $95,000.00 -5.00%
Erie, PA $96,200.00 4.00%
Akron, OH $96,300.00 -13.20%
Buffalo-Niagara Falls, NY $96,600.00 5.50%
Dayton, OH $100,500.00 -7.70%
Cleveland-Elyria-Mentor, OH $102,100.00 -16.90%
Grand Rapids, MI $102,800.00 -20.70%
Topeka, KS $103,300.00 -2.80%
Waterloo/Cedar Falls, IA $104,000.00 0.10%
Springfield, IL $107,200.00 4.20%
Indianapolis, IN $107,300.00 -4.60%
Rochester, NY $108,500.00 1.50%
Binghamton, NY $109,700.00 11.80%
Syracuse, NY $110,300.00 2.60%
Memphis, TN-MS-AR $110,800.00 -18.50%
Pittsburgh, PA $111,600.00 2.40%
Wichita, KS $112,700.00 4.00%
Rockford, IL $115,200.00 1.90%
Charleston, WV $116,800.00 1.40%
Peoria, IL $119,000.00 10.40%
Kankakee-Bradley, IL $119,300.00 -8.00%
Springfield, MO $120,900.00 2.60%
Saint Louis, MO-IL $121,400.00 -9.70%
Appleton, WI $121,500.00 -4.00%
Amarillo, TX $122,200.00 8.20%
Beaumont-Port Arthur, TX $122,900.00 6.10%
Jackson, MS $123,600.00 -13.00%
Gary-Hammond, IN $124,000.00 -1.70%
Oklahoma City, OK $124,900.00 -7.10%
Chattanooga, TN-GA $125,200.00 -3.40%
Little Rock-N. Little Rock, AR $127,200.00 3.80%
Cincinnati-Middletown, OH-KY-IN $128,500.00 -6.10%
Mobile, AL $129,900.00 -0.40%
Cedar Rapids, IA $130,000.00 0.50%
Spartanburg, SC $130,300.00 10.10%
Columbus, OH $131,400.00 -7.20%
Shreveport-Bossier City, LA $131,500.00 1.90%
Louisville, KY-IN $131,600.00 -1.30%
Omaha, NE-IA $132,900.00 -1.00%
Montgomery, AL $133,700.00 0.80%
Lincoln, NE $134,000.00 -0.30%
El Paso, TX $134,600.00 8.50%
Sioux Falls, SD $136,000.00 -3.00%
Corpus Christi, TX $136,800.00 4.90%
Fargo, ND-MN $136,900.00 -0.40%
Green Bay, WI $137,000.00 -5.60%
Lexington-Fayette,KY $138,900.00 -5.80%
Gulfport-Biloxi, MS $139,000.00 -9.60%
Champaign-Urbana, IL $139,400.00 -4.10%
Kansas City, MO-KS $139,500.00 -4.30%
Columbia, SC $141,600.00 -0.60%
Greensboro-High Point, NC $142,300.00 -1.90%
Dallas-Fort Worth-Arlington, TX $142,400.00 -2.10%
Columbia, MO $143,900.00 -1.10%
Ocala, FL $145,500.00 -13.30%
Knoxville, TN $146,000.00 -2.70%
Des Moines, IA $147,900.00 1.70%
Houston-Baytown-Sugar Land, TX $148,400.00 0.80%
Reading, PA $148,400.00 5.00%
Yakima, WA $148,400.00 9.00%
San Antonio, TX $149,800.00 1.00%
Bloomington-Normal, IL $150,900.00 2.50%
Birmingham-Hoover, AL $153,200.00 -2.70%
Bismarck, ND $153,400.00 2.70%
Atlanta-Sandy Springs-Marietta, GA $154,000.00 -9.60%
Greenville, SC $154,500.00 6.00%
Pensacola-Ferry Pass-Brent, FL $156,300.00 -4.20%
New Orleans-Metairie-Kenner, LA $157,100.00 0.80%
Palm Bay-Melbourne-Titusville, FL $158,800.00 -17.00%
Glens Falls, NY $163,100.00 7.70%
Kennewick-Richland-Pasco, WA $163,700.00 0.20%
Baton Rouge, LA $169,200.00 -3.60%
Tallahassee, FL $173,300.00 -5.70%
Deltona-Daytona Beach-Ormond Beach, FL $175,600.00 -10.90%
Durham, NC $178,200.00 0.50%
Austin-Round Rock, TX $184,500.00 4.70%
Tampa-St.Petersburg-Clearwater, FL $184,700.00 -9.10%
Jacksonville, FL $185,700.00 -6.00%
Spokane, WA $186,800.00 2.80%
Gainesville, FL $188,300.00 -13.00%
Farmington, NM $190,000.00 6.30%
Albuquerque, NM $190,500.00 -1.70%
Charlotte-Gastonia-Concord, NC-SC $192,700.00 3.80%
Hagerstown-Martinsburg, MD-WV $192,700.00 -7.90%
Boise City-Nampa, ID $193,400.00 -5.20%
Albany-Schenectady-Troy, NY $194,100.00 -3.80%
Springfield, MA $198,100.00 -4.40%
Dover, DE $199,100.00 0.60%
Minneapolis-St. Paul-Bloomington, MN-WI $199,900.00 -10.20%
Charleston-North Charleston, SC $201,400.00 -8.20%
Milwaukee-Waukesha-West Allis, WI $204,400.00 1.30%
Colordo Springs, CO $208,900.00 -1.60%
Cape Coral-Fort Myers, FL $213,200.00 -17.00%
Pittsfield, MA $216,600.00 2.80%
Madison, WI $217,100.00 -1.80%
Salem, OR $218,500.00 -1.40%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $220,900.00 -0.70%
Tucson, AZ $221,000.00 -8.80%
Phoenix-Mesa-Scottsdale, AZ $222,200.00 -15.40%
Denver-Aurora, CO $223,500.00 -6.60%
Salt Lake City, UT $225,700.00 3.50%
Eugene-Springfield, OR $227,500.00 -3.90%
Raleigh-Cary, NC $228,100.00 2.40%
Orlando, FL $232,000.00 -13.10%
Portland-South Portland-Biddeford, ME $234,000.00 -0.30%
Allentown-Bethlehem-Easton, PA-NJ $237,000.00 -4.20%
Virginia Beach-Norfolk-Newport News, VA-NC $237,600.00 1.60%
Kingston, NY $237,800.00 -4.30%
Norwich-New London, CT $244,900.00 N/A
Hartford-West Hartford-East Hartford, CT $247,300.00 -3.00%
Las Vegas-Paradise, NV $247,600.00 -20.20%
Worcester, MA $248,200.00 -8.30%
Chicago-Naperville-Joliet, IL $249,600.00 -6.60%
New Haven-Milford, CT $255,500.00 -9.50%
Sacramento--Arden-Arcade--Roseville, CA $258,500.00 -29.20%
Sarasota-Bradenton-Venice, FL $262,300.00 -22.20%
Providence-New Bedford-Fall River, RI-MA $262,900.00 -8.10%
Baltimore-Towson, MD $270,500.00 -3.00%
Atlantic City, NJ $277,400.00 4.80%
Reno-Sparks, NV $283,700.00 -12.90%
Portland-Vancouver-Beaverton, OR-WA $286,600.00 -1.10%
Riverside-San Bernardino-Ontario, CA $287,100.00 -27.70%
Trenton-Ewing, NJ $288,200.00 1.60%
Miami-Fort Lauderdale-Miami Beach, FL $318,900.00 -17.20%
Barnstable Town, MA $354,600.00 -4.70%
Boulder, CO $355,700.00 -4.00%
Boston-Cambridge-Quincy, MA-NH** $357,100.00 -7.80%
NY: Edison, NJ $361,200.00 -0.60%
Washington-Arlington-Alexandria, DC-VA-MD-WV $371,800.00 -13.10%
Seattle-Tacoma-Bellevue, WA $372,300.00 -2.10%
Edmonton $372,500.00 -6.60%
NY: Newark-Union, NJ-PA $409,300.00 -3.40%
Calgary $420,000.00 -2.80%
Bridgeport-Stamford-Norwalk, CT $439,300.00 -6.70%
New York-Northern New Jersey-Long Island, NY-NJ-PA $445,400.00 -3.90%
San Diego-Carlsbad-San Marcos, CA $459,000.00 -22.90%
Los Angeles-Long Beach-Santa Ana, CA $459,400.00 -21.30%
NY: Nassau-Suffolk, NY $462,200.00 -3.50%
New York-Wayne-White Plains, NY-NJ $491,900.00 -5.70%
Anaheim-Santa Ana, CA (Orange Co.) $597,900.00 -14.30%
Honolulu, HI $620,000.00 Unch
San Francisco-Oakland-Fremont, CA $701,700.00 -6.10%
Greater Vancouver (benchmark) $771,321.00 11.00%
San Jose-Sunnyvale-Santa Clara, CA $780,000.00 -1.00%

Wednesday, April 30, 2008

Quote of the day

From 15 real estate myths and realities:

Generally though, British Columbians, and Lower Mainlanders in particular, are pretty savvy about their property, the experts believe, with so much information out there about real estate, between Real Estate Weekly, the real-estate sections in newspapers, the realtors' Multiple Listing Service posted online and Home and Garden TV.

People in Vancouver are saavy because they listened to Realtors and HGTV!?!. I'm sure if more people in the states did that they would have absolutely no problems right now (sarcasm).

I know this is not Alberta, but this come from one of CanWest Global minions, the Vancouver Sun. It just reinforces how those set of newspapers are 'pro-establisment' and lustful for juicy ad cash. Other posts examining CanWest previous doses:

Power of the Press Release
What the MSM is serving
Calgary Home Sales
Saskatoon Thought Experiment
Spotlight Calgary Herald
Chicken Little

Update! (thanks tulipboy)

It appears the Vancouver Sun had "technical difficulties" with their comment section. By "technical difficulties" I mean the comments were overwhelming negative and are now disappeared.

Here is a link to some of those cached comments and the discussion has also been moved to Vancouver Condo info. Keep in mind the Vancouver Sun have the same overlords as the Edmonton Journal and the Calgary Herald, which makes it relevant to post here.