MAR 2020 VS. MAR 2019 DETACHED UNIT SALES 90 63.6% INVENTORY AT MONTH END 186 -32.6% AVE. DAYS ON MARKET 43 -8.5% AR AVERAGE SALE PRICE $1,436,600 1.88% TOWNHOME UNIT SALES 52 M 40.5% INVENTORY AT MONTH END 89 -36.9% AVE. DAYS ON MARKET 40 -2.9% AVERAGE SALE PRICE $728,300 -0.30% CONDO UNIT SALES 251 19.0% INVENTORY AT MONTH END 485 -34.1% AVE. DAYS ON MARKET 26 -20.8% AVERAGE SALE PRICE BURNABYBURNABY&NW & $679,100 NEW WEST 0.19% MAR 2020 MARCH - SINGLE FAMILY DETACHED HOMES THE REAL BURNABY & NEW WEST RESULTS: MAR 2020 THE REAL NEIGHBOURHOOD RESULTS: MAR 2020 SALES PRICE MONTHLY TREND SALES AND BENCHMARK BENCHMARK PRICE $1,700,000 PRICES BY NEIGHBOURHOOD CHANGE (%) $1,584,986 $1,581,150 $1,600,000 $1,539,355 $1,509,530 MLS® Neighbourhood Unit Sales HPI Benchmark Price 1 Month 3 Months $1,500,000 $1,442,521 $1,452,979 Average Sales Price $1,483,000 – $1,470,000 $1,452,500 VBN $1,400,000 $1,427,500 Brentwood Park 5 1,436,700 4.38 8.18 $1,355,000 $1,370,000 $1,300,000 Capitol Hill BN 3 1,384,200 2.73 3.30 $1,200,000 Central BN 2 1,260,700 2.12 6.20 Median Sales Price $1,100,000 Government Road 2 1,697,000 2.45 3.33 – OCT NOV DEC JAN FEB MAR Montecito 2 1,441,800 1.16 3.23 Parkcrest 2 1,515,300 2.61 7.57 DAYS ON MARKET MONTHLY TREND Simon Fraser Univer. 3 1,671,600 3.75 4.61 70 Sperling-Duthie 4 1,474,700 1.82 3.17 60 59 Sullivan Heights 0 1,122,100 2.80 5.71 60 49 51 50 46 Vancouver Heights 5 1,376,500 1.54 3.32 43 Average Days on Market – Westridge BN 1 1,453,400 1.62 1.62 Days 40 36 36 Willingdon Heights 1 1,361,500 3.02 6.38 30 32 30 30 Burnaby North 30 1,453,100 2.44 4.62 20 26 VBS 10 Buckingham Heights 0 2,170,200 0.96 -3.07 Median Days on Market OCT NOV DEC JAN FEB MAR – Burnaby Hospital 6 1,422,500 0.35 -1.10 Burnaby Lake 2 1,361,400 1.98 3.99 UNIT SALES (BY MONTH) 2019 2020 CHANGE Central Park BS 1 1,329,500 0.21 -1.16 January 42 61 45.2% Deer Lake 0 1,988,700 0.50 -1.99 February 48 77 60.4% March 55 90 63.6% Deer Lake Place 1 1,586,600 -0.28 -1.74 April Forest Glen BS 1 1,577,000 0.51 -0.61 May Garden Village 2 1,425,000 0.36 -0.39 June Greentree Village 0 1,062,400 -4.99 -8.19 Total 145 228 57.2% Highgate 0 1,241,400 0.95 0.22 Metrotown 3 1,655,000 1.77 0.53 South Slope 13 1,452,900 2.76 1.77 LISTING AND SALES ACTIVITY BY PRICE SEGMENT Suncrest 1 1,154,600 1.39 1.04 Sales-to-New- Upper Deer Lake 1 1,599,500 -0.17 -2.13 Price Segment ($) New Listings Added Unit Sales Listings Ratio Burnaby South 31 1,493,500 1.06 -0.07 0 – 1,000,000 6 6 100% VBE 1,000,001 – 1,100,000 8 7 88% East Burnaby 4 1,158,100 2.78 8.44 1,100,001 – 1,200,000 12 9 75% Edmonds BE 0 1,140,900 2.08 1.05 1,200,001 – 1,300,000 18 12 67% The Crest 2 1,419,200 2.02 7.37 1,300,001 – 1,400,000 18 9 50% Burnaby East 6 1,225,300 2.47 6.78 1,400,001 – 1,500,000 12 8 67% VNW 1,500,001 – 1,600,000 10 7 70% Connaught Heights 5 947,200 1.35 2.82 1,600,001 – 1,700,000 10 8 80% GlenBrooke North 2 1,090,600 2.18 7.88 1,700,001 – 1,800,000 6 6 100% Moody Park 0 1,142,500 2.99 8.67 1,800,001 – 1,900,000 4 2 50% Queens Park 2 1,401,300 3.34 8.76 1,900,001 – 2,000,000 8 1 13% Queensborough 5 972,100 2.25 6.42 2,000,001 – 2,250,000 6 7 117% Sapperton 3 945,700 3.76 7.69 2,250,001 – 2,500,000 9 4 44% The Heights NW 1 1,118,200 2.54 7.89 2,500,001 – 2,750,000 3 3 100% Uptown NW 0 944,600 3.30 9.82 2,750,001 – 3,000,000 1 0 0% West End NW 3 1,107,200 1.18 1.48 3,000,001 + 5 1 20% New Westminster 21 1,079,500 2.40 6.36 Totals 136 90 66% Faith’s Exclusive Burnaby & New Westminster Analysis PAGE 2 MARCH - TOWNHOUSES THE REAL BURNABY & NEW WEST RESULTS: MAR 2020 THE REAL NEIGHBOURHOOD RESULTS: MAR 2020 SALES PRICE MONTHLY TREND SALES AND BENCHMARK BENCHMARK PRICE PRICES BY NEIGHBOURHOOD CHANGE (%) $900,000 ® $850,000 MLS Neighbourhood Unit Sales HPI Benchmark Price 1 Month 3 Months $800,000 VBN Average Sales Price $764,129 $756,692 – Brentwood Park 1.23 3.16 $741,064 $742,373 1 856,100 $750,000 $726,285 $721,172 Capitol Hill BN 0 673,300 1.12 1.36 $700,000 $728,800 $726,000 $720,000 $716,976 $725,450 $715,000 Central BN 1 790,100 -0.56 0.19 $650,000 Forest Hills BN 4 767,200 0.22 0.55 Median Sales Price $600,000 Government Road 3 849,500 -0.14 0.87 – OCT NOV DEC JAN FEB MAR Montecito 1 599,900 -1.47 -0.23 Simon Fraser Hills 1 612,400 0.31 -0.54 DAYS ON MARKET MONTHLY TREND Simon Fraser 2 715,100 0.20 -1.01 Sullivan Heights -0.15 -1.73 70 63 0 809,200 60 55 Vancouver Heights 0 827,500 1.75 5.59 52 50 50 46 Westridge BN 0 618,300 -0.26 -0.19 Average Days on Market 40 – Willingdon Heights 0.28 0.95 40 2 819,300 Days 39 39 30 32 Burnaby North 15 727,700 0.00 0.48 28 28 20 22 VBS 10 Burnaby Hospital 0 766,600 0.48 0.85 0 Burnaby Lake 0 886,200 0.62 6.41 Median Days on Market OCT NOV DEC JAN FEB MAR – Central Park BS 3 861,200 -0.14 1.27 Forest Glen BS 1 875,500 -0.47 0.51 UNIT SALES (BY MONTH) 2019 2020 CHANGE Greentree Village 2 811,900 -1.35 1.25 January 29 32 10.3% Highgate 4 545,700 0.00 -1.03 February 34 46 35.3% Metrotown -0.95 0.74 March 37 52 40.5% 1 716,700 Oaklands -1.86 -1.03 April 0 1,229,600 May South Slope 2 825,000 -1.00 0.62 June Burnaby South 13 768,400 -0.64 0.76 Total 100 130 30.0% VBE Edmonds BE 4 536,200 0.50 -0.23 The Crest 2 976,300 -0.92 3.50 LISTING AND SALES ACTIVITY BY PRICE SEGMENT Burnaby East 6 658,100 -0.29 1.25 Sales-to-New- Price Segment ($) New Listings Added Unit Sales VNW Listings Ratio Downtown NW 1 676,900 0.54 8.28 0 – 250,000 0 0 0% Fraserview NW 1 834,300 0.28 3.74 250,001 – 275,000 0 0 0% GlenBrooke North 1 561,800 -0.62 3.29 275,001 – 300,000 0 0 0% Queensborough 7 741,600 1.81 2.98 300,001 – 325,000 0 0 0% Uptown NW 4 619,900 -0.98 1.29 325,001 – 350,000 0 0 0% New Westminster 13 749,000 0.70 3.47 350,001 – 375,000 1 1 100% 375,001 – 400,000 0 0 0% 400,001 – 425,000 0 0 0% FAITH’S KEY INSIGHTS: 425,001 – 450,000 2 2 100% ■■Hmm… a townhouse close to the waterfront and rapid transit in a historic 450,001 – 500,000 1 0 0% yet progressive community. This may be among the reasons that Royal 500,001 – 600,000 9 7 78% City’s downtown is leading all of Burnaby and New Westminster in price 600,001 – 700,000 16 14 88% increases this year. While townhouse values are up from 1% to 3% in other 700,001 – 800,000 19 10 53% neighbourhoods, they have increased 8.2% in downtown New Westminster since the first of the year to $676,900. Across all of New Westminster, the 800,001 – 900,000 8 14 175% benchmark condo price is 3.4% higher in the same period. Sales activity 900,001 – 1,000,000 12 1 8% was quite strong throughout Burnaby and New Westminster in March, with 1,000,001 + 7 3 43% sales up 40.5% from the same month a year earlier with 52 transactions. Totals 75 52 69% Faith’s Exclusive Burnaby & New Westminster Analysis PAGE 3 MARCH - APARTMENTS /CONDOS THE REAL BURNABY & NEW WEST RESULTS: MAR 2020 THE REAL NEIGHBOURHOOD RESULTS: MAR 2020 SALES PRICE MONTHLY TRENDTREND SALES AND BENCHMARK BENCHMARK PRICE $650,000 PRICES BY NEIGHBOURHOOD CHANGE (%) $598,622 $595,635 $599,856 $600,000 $580,575 $584,336 $588,565 MLS® Neighbourhood Unit Sales HPI Benchmark Price 1 Month 3 Months $580,000 $573,000 $573,000 Average Sales Price $550,000 $564,950 VBN $553,500 $555,000 – Brentwood Park 39 786,900 1.52 4.91 $500,000 Capitol Hill BN 4 420,000 -0.58 2.82 $450,000 Cariboo 4 445,600 1.03 3.42 Central BN 2 469,800 -1.66 -0.04 Median Sales Price $400,000 – OCT NOV DEC JAN FEB MAR Government Road 8 485,600 -0.48 1.82 Simon Fraser Hills 0 396,600 -0.86 0.40 DAYS ON MARKET MONTHLY TREND Simon Fraser Univer.