Downtown

With its scenic views, mild climate, and friendly people, Vancouver is known around the world as both a popular tourist attraction and one of the best places to live. Vancouver is also one of the most ethnically and linguistically diverse cities in Canada with 52 percent of the population speaking a first language other than English. Vancouver has hosted many international conferences and events, including the 2010 Winter Olympics and 2010 Winter Paralympics.

Downtown Market Trends
The MLS® Home Price Index is modelled on the Consumer Price Index (CPI) which measures the rate of price change for a basket of goods and services including food, clothing, shelter, and transportation. Instead of measuring goods and services, the HPI measures the change in the price of housing features. Thus, the HPI measures typical, pure price change (inflation or deflation).

Quick Tip: Click on a property type in the chart’s legend to
dynamically remove or add that line to the chart.
The graph below charts the historical Home Price Index over a 3 year period.