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First Quarter, 2015
2 ÷ 9 # 1 $ > 0 - 2 + 6 & ± 8 < 3 π 7 £ 5 ‡ 9 ≈ 1 ∞ ^
Yukon Real Estate Survey
Yukon Bureau of Statistics
Q1 Whitehorse Average Real Estate Prices at a Glance
Single detached house ................................................... $384,500
Mobile Home ................................................................. $207,600
Condominium .................................................................$277,300
Duplex............................................................................ $276,800
Housing Market Information Elsewhere:
Yukon Rent Survey - survey of multi-unit apartment buildings; includes quarterly median rent and vacancy rates by com-
munity/subdivision. http://www.eco.gov.yk.ca/stats/stats_princ.html#rent
Monthly Statistical Review - contains a summary of real estate and rent surveys as well as building permit data. http://
www.eco.gov.yk.ca/stats/monthlyreview.html
Annual Statistical Review - contains a 10-year historical summary of real estate and rent surveys as well as building permit
data. http://www.eco.gov.yk.ca/stats/annualreview.html
5-year Value of Real Estate Transactions
•	 Comparing	the	first	quarter	data	of	
2015 to 2014, there was a decrease
in the total value ofYukon’s real es-
tate	transactions.	In	the	first	quar-
ter of 2015, the total value of trans-
actions was $34.6 million compared
to $45.1 million in the same period
in 2014, a decrease of $10.6 million,
or 23.4%.
•	 In	the	first	quarter	of	2015,	36	sin-
gle detached houses were sold in
Whitehorse, compared to 43 sold in
the previous quarter. The average
sale price was $384,500 a decrease
of $200, or 0.1%, from the previous
quarter ($384,700).
•	 Four mobile homes sold in White-
horse	in	the	first	quarter	of	2015	at	
an average price of $207,600.
•	 There were 36 condo sales inWhite-
horse	 in	 the	 first	 quarter	 of	 2015,	
a decrease of 14 compared to the
fourth quarter of 2014.
•	 The average condo price was
$277,300	in	the	first	quarter	of	2015,	
a decrease of $33,000, or 10.6%,
compared to the previous quarter.
•	 Four	duplexes	were	sold	in	the	first	
quarter of 2015 at an average price
of $276,8000.
•	 Three industrial and three com-
ercial	 properties	 sold	 in	 the	 first	
quarter of 2015, at values totalling
$763,300 and $2.0 million respec-
tively. (Numbers of both industrial
and commercial transactions are
typically small and are often sup-
pressed for confidentiality reasons
making analysis of trends difficult.)
Highlights:Highlights:
About the Yukon Real Estate Survey
The	Bureau	of	Statistics	first	undertook	the	Yukon	Real	Estate	Survey	in	1977.	The	survey	is	a	census	of	all	real	estate	transac-
tions occurring anywhere inYukon, with the exception of ‘not-at-arm’s-length’ transactions (‘not-at-arm’s-length’ transac-
tions	are	those	that	do	not	reflect	open	market	values).		All	single	and	multiple-residential	property	transactions,	as	well	as	
commercial and industrial property sales are included.
Millions
$5,242,200
Notes: Q1 = first quarter (January, February, March), Q2 = second quarter, etc.
•	 There were $34.6 million in real estate transactions inYu-
kon	in	the	first	quarter	of	2015	consisting	of	$29.3	million	in	
Whitehorse and $5.2 million for the rest ofYukon.
•	 The averageWhitehorse house sale price was $384,500, a
decrease of $200 from the previous quarter.
•	 Country	Residential	homes	had	the	highest	average	sale	
price	at	$458,900.
•	 The averageWhitehorse condo sale price was $277,300.
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
$100
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2010 2011 2012 2013 2014 2015
$34,553,300
Total
$29,311,000
Whitehorse
Other Yukon
0
50
100
150
200
250
Value and Type of Real Estate Transactions in Whitehorse
Number of Real Estate Transactions in Whitehorse (Q1 ‘10 to Q1 ‘15)
Single Houses
•	 A	total	of	91	real	estate	transactions	occurred	in	
Whitehorse	in	the	first	quarter	of	2015,	a	decrease	
of	15	transactions	compared	to	the	first	quarter	of	
2014.	Over	the	previous	five	years,	the	first	quar-
ter average number of sales was 107.
•	 There	were	36	single	houses	sold	in	the	first	quar-
ter of 2015. This number of sales is below the av-
erage	number	of	first	quarter	sales	in	the	previous	
five	years,	which	was	41.		
•	 A	total	of	36	condos	were	sold	in	the	first	quarter	
of 2015.The number of sales is below the average
number	of	first	quarter	sales	in	the	previous	five	
years, which was 42.
•	 In	 the	 first	 quarter	 of	 2015,	 four	 duplexes	 were	
sold	in	Whitehorse.	This	figure	was	below	the	av-
erage	number	of	first	quarter	sales	(11)	in	the	pre-
vious	five	years.
•	 There	 were	 four	 mobile	 homes	 sold	 in	 the	 first	
quarter	of	2015.	This	figure	was	the	same	as	the	
rounded	average	of	first	quarter	sales	in	the	past	
five	years.
1
Total also includes multiple-residential sales which are generally too low to release due to confidentiality requirements.
2
Family Lots include country residential lots. Family lots do not include the majority of lots purchased by contractors.
3
Duplex refers to one side only.
Rows may not total due to rounding.
# of Transactions
Condos
Total1
Duplexes
1
Total also includes multi-residential, commercial and industrial transactions.
x x
Mobiles
Total
1
Single
Detached
Houses Family Lots2
Mobile
Homes Condos Duplexes3
Commercial
Property
Industrial
Property
Value of Real Estate Transactions ($000)
2015 Q1 29,311.0 13,841.9 835.0 830.6 9,983.0 1,107.2 1,950.0 763.3
2014 Q4 39,541.3 16,542.9 x 1,305.4 15,515.3 1,174.0 3,407.0 1,096.6
Q3 66,111.7 32,229.5 x 917.4 8,747.1 3,146.9 19,622.8 x
Q2 51,051.7 32,301.3 x 1,598.5 9,751.3 2,433.5 3,658.0 x
Q1 40,257.5 22,595.6 x 660.0 11,127.9 2,602.0 x 3,082.0
Number of Real Estate Transactions (no.)
2015 Q1 91 36 5 4 36 4 3 3
2014 Q4 116 43 x 5 50 4 7 6
Q3 137 79 x 5 30 10 9 x
Q2 133 76 x 7 32 8 4 x
Q1 106 53 x 3 35 9 x 5
Average Value of Real Estate Transactions ($000)
2015 Q1 322.1 384.5 167.0 207.6 277.3 276.8 650.0 254.4
2014 Q4 340.9 384.7 x 261.1 310.3 293.5 486.7 182.8
Q3 482.6 408.0 x 183.5 291.6 314.7 2180.3 x
Q2 383.8 425.0 x 228.4 304.7 304.2 914.5 x
Q1 379.8 426.3 x 220.0 317.9 289.1 x 616.4
Non-ResidentialResidential
$150
$200
$250
$300
$350
$400
$450
$500
Average Median
$382,500
$384,500
$150
$200
$250
$300
$350
$400
$450
$500
Average Median
$205,000
$207,600
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
$0
$5
$10
$15
$20
$25
$30
$35
$40
Single Detached Houses in Whitehorse by Subdivision
•	 Four mobile homes were sold in White-
horse	in	the	first	quarter	of	2015	with	a	total	
transaction value of $830,600, averaging at
$207,600. The median price of mobile homes
was $205,000.
•	 The record-high average sale value for mobile
homes occurred in the second quarter of 2011
when it reached $272,800. However, it should
be noted that there is a fair bit of volatility in
the average sale price of mobile homes due
to the relatively small number of sales in any
given quarter.
Value of Single House Sales
Value of Mobile Home
Sales
Average and Median
Price of Single Houses
Average and Median
Price of Mobile Homes
Mobile Homes in Whitehorse
Millions Thousands
•	 A	total	of	36	single	houses	were	sold	in	Whitehorse	
in	 the	 first	 quarter	 of	 2015	 compared	 to	 43	 in	 the	
previous quarter. The average price was $384,500, a
decrease of $200, or 0.1%, compared to the previous
quarter ($384,700).
•	 Comparing	the	first	quarter	of	2012	to	the	first	quar-
ter	of	2015,	the	average	house	price	decreased	7.9%	
while the Consumer Price Index increased 2.5%. This
shows a real decrease of 10.4% over the last 3 years
(2.5%+7.9%=10.4%).
•	 The median	 house	 price	 in	 the	 first	 quarter	 was	
$382,500, meaning the prices of half the houses sold
were	above	this	figure	and	the	remaining	half,	below.		
•	 The	 chartered	 bank’s	 five	 year	 conventional	 mort-
gage	rate	averaged	4.76%	in	the	first	quarter	of	2015,	
0.03 percentage points lower than the previous quar-
ter.
1
Country Residential includes Wolf Creek, Pineridge, Mary Lake, MacPherson, Hidden Valley etc.
2
Includes Logan and Ingram.
3
Other includes house sales in Hillcrest, Crestview and Valleyview.
Rows may not total due to rounding.
Millions Thousands
Total
Down-
town Riverdale
Porter
Creek Granger
Country
Residential1
Copper
Ridge2
Whistle-
bend Takhini Other3
Value of Single House Sales ($000)
2015 Q1 13,841.9 x 1,236.5 2,196.9 1,535.5 1,835.5 3,635.3 2,354.3 x x
2014 Q4 16,542.9 x 2,066.6 4,217.0 0.0 1,810.0 4,705.0 2,307.4 x 0.0
Q3 32,229.5 1,388.0 5,393.7 5,752.0 x 5,036.9 9,206.8 2,905.5 x x
Q2 32,301.3 x 4,081.9 3,368.9 x 5,903.5 11,334.9 1,788.6 1,200.5 2,691.0
Q1 22,595.6 890.0 3,568.5 2,892.5 x 6,820.0 6,004.0 … x x
Number of Single House Sales (no.)
2015 Q1 36 x 4 6 4 4 9 6 x x
2014 Q4 43 x 6 11 0 4 12 6 x 0
Q3 79 4 15 14 x 10 22 8 x x
Q2 76 x 11 9 x 11 26 5 3 6
Q1 53 3 10 8 x 12 14 … x x
Average Price of Single Houses Sold ($000)
2015 Q1 384.5 x 309.1 366.2 383.9 458.9 403.9 392.4 x x
2014 Q4 384.7 x 344.4 383.4 … 452.5 392.1 384.6 x …
Q3 408.0 347.0 359.6 410.9 x 503.7 418.5 363.2 x x
Q2 425.0 x 371.1 374.3 x 536.7 436.0 357.7 400.2 448.5
Q1 426.3 296.7 356.9 361.6 x 568.3 428.9 … x x
$150
$200
$250
$300
$350
$400
$450
$500
Average Median
$259,000
$277,300
$150
$200
$250
$300
$350
$400
$450
$500
Average Median
$292,500
$276,800
$0
$5
$10
$15
$20
$25
$30
Additional information
Government of Yukon
Executive Council Office
Bureau of Statistics (A-8C)
Box 2703, Whitehorse, Yukon Y1A 2C6
Telephone: (867) 667-5640; Fax: (867) 393-6203
email: ybsinfo@gov.yk.ca
website: www.eco.gov.yk.ca/stats/Bureau of Statistics
Executive Council Office
Condominiums in Whitehorse
Duplexes1
in Whitehorse
Value of Condominium
Sales
Value of Duplex Sales
Average and Median
Price of Condominiums
Average and Median
Price of Duplexes
•	 Duplex	 sales	 in	 the	 first	 quarter	 of	 2015	 to-
talled $1.1 million. The record-high for duplex
sales was $7.7 million, set in the second quar-
ter of 2012.
•	 There	were	4	duplex	sales	in	the	first	quarter	of	
2015. The record-high number of duplex sales
occurred in the second quarter of 2012 when
24 duplexes were sold.
•	 The average duplex price was $276,800 in the
first	quarter	of	2015	while	the	median price was
$292,500.
•	 Condo	 sales	 in	 the	 first	 quarter	 of	 2015	 totalled	
$10.0 million. The record-high condo sales was in
the second quarter of 2012 at $24.0 million.
•	 There	were	36	condo	sales	in	the	first	quarter	of	
2015 compared to 50 sales in the previous quar-
ter. The record-high condo sales occurred in the
second quarter of 2012 when 80 condos were sold.
•	 The	average	condo	price	was	$277,300	in	the	first	
quarter of 2015, an decrease of $33,000, or 10.6%,
compared to the previous quarter ($310,300). The
median	condo	price	was	$259,000		in	the	first	quar-
ter of 2015. It should be noted that there is a fair bit
of volatility in the average and median condo price
on a quarterly basis. This is due in part to new condo
projects being completed and multiple units being
sold at the same or near the same value in one quar-
ter. Depending on the selling prices of these units,
this could have a significant effect on the average
condo prices.
Information sheet no. 57 - May 2015
Next release-September 2015
Millions Thousands
Millions Thousands
1
Duplex refers to one side only.
x = suppressed for confidentiality ... = not appropriate/applicable
$0
$1
$2
$3
$4
$5
$6
$7
$8
$9
x
x

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YUKON REAL ESTATE - 1ST QUARTER 2015 STATISTICS - DOME REALTY INC.

  • 1. First Quarter, 2015 2 ÷ 9 # 1 $ > 0 - 2 + 6 & ± 8 < 3 π 7 £ 5 ‡ 9 ≈ 1 ∞ ^ Yukon Real Estate Survey Yukon Bureau of Statistics Q1 Whitehorse Average Real Estate Prices at a Glance Single detached house ................................................... $384,500 Mobile Home ................................................................. $207,600 Condominium .................................................................$277,300 Duplex............................................................................ $276,800 Housing Market Information Elsewhere: Yukon Rent Survey - survey of multi-unit apartment buildings; includes quarterly median rent and vacancy rates by com- munity/subdivision. http://www.eco.gov.yk.ca/stats/stats_princ.html#rent Monthly Statistical Review - contains a summary of real estate and rent surveys as well as building permit data. http:// www.eco.gov.yk.ca/stats/monthlyreview.html Annual Statistical Review - contains a 10-year historical summary of real estate and rent surveys as well as building permit data. http://www.eco.gov.yk.ca/stats/annualreview.html 5-year Value of Real Estate Transactions • Comparing the first quarter data of 2015 to 2014, there was a decrease in the total value ofYukon’s real es- tate transactions. In the first quar- ter of 2015, the total value of trans- actions was $34.6 million compared to $45.1 million in the same period in 2014, a decrease of $10.6 million, or 23.4%. • In the first quarter of 2015, 36 sin- gle detached houses were sold in Whitehorse, compared to 43 sold in the previous quarter. The average sale price was $384,500 a decrease of $200, or 0.1%, from the previous quarter ($384,700). • Four mobile homes sold in White- horse in the first quarter of 2015 at an average price of $207,600. • There were 36 condo sales inWhite- horse in the first quarter of 2015, a decrease of 14 compared to the fourth quarter of 2014. • The average condo price was $277,300 in the first quarter of 2015, a decrease of $33,000, or 10.6%, compared to the previous quarter. • Four duplexes were sold in the first quarter of 2015 at an average price of $276,8000. • Three industrial and three com- ercial properties sold in the first quarter of 2015, at values totalling $763,300 and $2.0 million respec- tively. (Numbers of both industrial and commercial transactions are typically small and are often sup- pressed for confidentiality reasons making analysis of trends difficult.) Highlights:Highlights: About the Yukon Real Estate Survey The Bureau of Statistics first undertook the Yukon Real Estate Survey in 1977. The survey is a census of all real estate transac- tions occurring anywhere inYukon, with the exception of ‘not-at-arm’s-length’ transactions (‘not-at-arm’s-length’ transac- tions are those that do not reflect open market values). All single and multiple-residential property transactions, as well as commercial and industrial property sales are included. Millions $5,242,200 Notes: Q1 = first quarter (January, February, March), Q2 = second quarter, etc. • There were $34.6 million in real estate transactions inYu- kon in the first quarter of 2015 consisting of $29.3 million in Whitehorse and $5.2 million for the rest ofYukon. • The averageWhitehorse house sale price was $384,500, a decrease of $200 from the previous quarter. • Country Residential homes had the highest average sale price at $458,900. • The averageWhitehorse condo sale price was $277,300. $0 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2010 2011 2012 2013 2014 2015 $34,553,300 Total $29,311,000 Whitehorse Other Yukon
  • 2. 0 50 100 150 200 250 Value and Type of Real Estate Transactions in Whitehorse Number of Real Estate Transactions in Whitehorse (Q1 ‘10 to Q1 ‘15) Single Houses • A total of 91 real estate transactions occurred in Whitehorse in the first quarter of 2015, a decrease of 15 transactions compared to the first quarter of 2014. Over the previous five years, the first quar- ter average number of sales was 107. • There were 36 single houses sold in the first quar- ter of 2015. This number of sales is below the av- erage number of first quarter sales in the previous five years, which was 41. • A total of 36 condos were sold in the first quarter of 2015.The number of sales is below the average number of first quarter sales in the previous five years, which was 42. • In the first quarter of 2015, four duplexes were sold in Whitehorse. This figure was below the av- erage number of first quarter sales (11) in the pre- vious five years. • There were four mobile homes sold in the first quarter of 2015. This figure was the same as the rounded average of first quarter sales in the past five years. 1 Total also includes multiple-residential sales which are generally too low to release due to confidentiality requirements. 2 Family Lots include country residential lots. Family lots do not include the majority of lots purchased by contractors. 3 Duplex refers to one side only. Rows may not total due to rounding. # of Transactions Condos Total1 Duplexes 1 Total also includes multi-residential, commercial and industrial transactions. x x Mobiles Total 1 Single Detached Houses Family Lots2 Mobile Homes Condos Duplexes3 Commercial Property Industrial Property Value of Real Estate Transactions ($000) 2015 Q1 29,311.0 13,841.9 835.0 830.6 9,983.0 1,107.2 1,950.0 763.3 2014 Q4 39,541.3 16,542.9 x 1,305.4 15,515.3 1,174.0 3,407.0 1,096.6 Q3 66,111.7 32,229.5 x 917.4 8,747.1 3,146.9 19,622.8 x Q2 51,051.7 32,301.3 x 1,598.5 9,751.3 2,433.5 3,658.0 x Q1 40,257.5 22,595.6 x 660.0 11,127.9 2,602.0 x 3,082.0 Number of Real Estate Transactions (no.) 2015 Q1 91 36 5 4 36 4 3 3 2014 Q4 116 43 x 5 50 4 7 6 Q3 137 79 x 5 30 10 9 x Q2 133 76 x 7 32 8 4 x Q1 106 53 x 3 35 9 x 5 Average Value of Real Estate Transactions ($000) 2015 Q1 322.1 384.5 167.0 207.6 277.3 276.8 650.0 254.4 2014 Q4 340.9 384.7 x 261.1 310.3 293.5 486.7 182.8 Q3 482.6 408.0 x 183.5 291.6 314.7 2180.3 x Q2 383.8 425.0 x 228.4 304.7 304.2 914.5 x Q1 379.8 426.3 x 220.0 317.9 289.1 x 616.4 Non-ResidentialResidential
  • 3. $150 $200 $250 $300 $350 $400 $450 $500 Average Median $382,500 $384,500 $150 $200 $250 $300 $350 $400 $450 $500 Average Median $205,000 $207,600 $0.0 $0.5 $1.0 $1.5 $2.0 $2.5 $3.0 $3.5 $4.0 $0 $5 $10 $15 $20 $25 $30 $35 $40 Single Detached Houses in Whitehorse by Subdivision • Four mobile homes were sold in White- horse in the first quarter of 2015 with a total transaction value of $830,600, averaging at $207,600. The median price of mobile homes was $205,000. • The record-high average sale value for mobile homes occurred in the second quarter of 2011 when it reached $272,800. However, it should be noted that there is a fair bit of volatility in the average sale price of mobile homes due to the relatively small number of sales in any given quarter. Value of Single House Sales Value of Mobile Home Sales Average and Median Price of Single Houses Average and Median Price of Mobile Homes Mobile Homes in Whitehorse Millions Thousands • A total of 36 single houses were sold in Whitehorse in the first quarter of 2015 compared to 43 in the previous quarter. The average price was $384,500, a decrease of $200, or 0.1%, compared to the previous quarter ($384,700). • Comparing the first quarter of 2012 to the first quar- ter of 2015, the average house price decreased 7.9% while the Consumer Price Index increased 2.5%. This shows a real decrease of 10.4% over the last 3 years (2.5%+7.9%=10.4%). • The median house price in the first quarter was $382,500, meaning the prices of half the houses sold were above this figure and the remaining half, below. • The chartered bank’s five year conventional mort- gage rate averaged 4.76% in the first quarter of 2015, 0.03 percentage points lower than the previous quar- ter. 1 Country Residential includes Wolf Creek, Pineridge, Mary Lake, MacPherson, Hidden Valley etc. 2 Includes Logan and Ingram. 3 Other includes house sales in Hillcrest, Crestview and Valleyview. Rows may not total due to rounding. Millions Thousands Total Down- town Riverdale Porter Creek Granger Country Residential1 Copper Ridge2 Whistle- bend Takhini Other3 Value of Single House Sales ($000) 2015 Q1 13,841.9 x 1,236.5 2,196.9 1,535.5 1,835.5 3,635.3 2,354.3 x x 2014 Q4 16,542.9 x 2,066.6 4,217.0 0.0 1,810.0 4,705.0 2,307.4 x 0.0 Q3 32,229.5 1,388.0 5,393.7 5,752.0 x 5,036.9 9,206.8 2,905.5 x x Q2 32,301.3 x 4,081.9 3,368.9 x 5,903.5 11,334.9 1,788.6 1,200.5 2,691.0 Q1 22,595.6 890.0 3,568.5 2,892.5 x 6,820.0 6,004.0 … x x Number of Single House Sales (no.) 2015 Q1 36 x 4 6 4 4 9 6 x x 2014 Q4 43 x 6 11 0 4 12 6 x 0 Q3 79 4 15 14 x 10 22 8 x x Q2 76 x 11 9 x 11 26 5 3 6 Q1 53 3 10 8 x 12 14 … x x Average Price of Single Houses Sold ($000) 2015 Q1 384.5 x 309.1 366.2 383.9 458.9 403.9 392.4 x x 2014 Q4 384.7 x 344.4 383.4 … 452.5 392.1 384.6 x … Q3 408.0 347.0 359.6 410.9 x 503.7 418.5 363.2 x x Q2 425.0 x 371.1 374.3 x 536.7 436.0 357.7 400.2 448.5 Q1 426.3 296.7 356.9 361.6 x 568.3 428.9 … x x
  • 4. $150 $200 $250 $300 $350 $400 $450 $500 Average Median $259,000 $277,300 $150 $200 $250 $300 $350 $400 $450 $500 Average Median $292,500 $276,800 $0 $5 $10 $15 $20 $25 $30 Additional information Government of Yukon Executive Council Office Bureau of Statistics (A-8C) Box 2703, Whitehorse, Yukon Y1A 2C6 Telephone: (867) 667-5640; Fax: (867) 393-6203 email: ybsinfo@gov.yk.ca website: www.eco.gov.yk.ca/stats/Bureau of Statistics Executive Council Office Condominiums in Whitehorse Duplexes1 in Whitehorse Value of Condominium Sales Value of Duplex Sales Average and Median Price of Condominiums Average and Median Price of Duplexes • Duplex sales in the first quarter of 2015 to- talled $1.1 million. The record-high for duplex sales was $7.7 million, set in the second quar- ter of 2012. • There were 4 duplex sales in the first quarter of 2015. The record-high number of duplex sales occurred in the second quarter of 2012 when 24 duplexes were sold. • The average duplex price was $276,800 in the first quarter of 2015 while the median price was $292,500. • Condo sales in the first quarter of 2015 totalled $10.0 million. The record-high condo sales was in the second quarter of 2012 at $24.0 million. • There were 36 condo sales in the first quarter of 2015 compared to 50 sales in the previous quar- ter. The record-high condo sales occurred in the second quarter of 2012 when 80 condos were sold. • The average condo price was $277,300 in the first quarter of 2015, an decrease of $33,000, or 10.6%, compared to the previous quarter ($310,300). The median condo price was $259,000 in the first quar- ter of 2015. It should be noted that there is a fair bit of volatility in the average and median condo price on a quarterly basis. This is due in part to new condo projects being completed and multiple units being sold at the same or near the same value in one quar- ter. Depending on the selling prices of these units, this could have a significant effect on the average condo prices. Information sheet no. 57 - May 2015 Next release-September 2015 Millions Thousands Millions Thousands 1 Duplex refers to one side only. x = suppressed for confidentiality ... = not appropriate/applicable $0 $1 $2 $3 $4 $5 $6 $7 $8 $9 x x