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I Just Love Analyzing the Real Estate Market 
I’m Bill Coughlin. For more than 43 years, I have studied, sold, developed and forecast Lower Mainland real estate. What I enjoy most is finding out what is really happening to home prices.
It Started in 1982
In 1982, I helped design an early Home Price Index with $65,000 in funding from the Real Estate Board.
The problem was that the original system averaged very different homes together. An expensive oceanfront home in the Ocean Park/White Rock area could be averaged with a mobile home on a leased lot.
The Real Estate Board did not have the money at the time to divide the market into enough price and property groups. The plan was to improve the system later, but it never happened the way I believed it should.
So I spent the money to build a better system using paired sales.
Comparing Apples to Apples
Paired sales are simple. If a home sells today, we look back to find out what that same property sold for previously.
$800,000
$1,500,000
Now we are not comparing an oceanfront home to a mobile home. We are comparing the same property then and now. That is what I call comparing apples to apples.
Then We Clean the Data
Even paired-sales data has to be cleaned carefully. We remove properties where major changes could distort the numbers, including:
- Homes rezoned for multifamily development
- Properties that were substantially rebuilt or changed
- Homes that burned down or were replaced
- Unusual sales that do not represent normal market value
- Properties that no longer represent the same type of real estate
17 Lower Mainland Markets
Vancouver Market Reports tracks home-price changes across 17 Lower Mainland cities and markets. We publish the major market statistics with my analysis and forecasts, and approximately every two weeks we update the numbers again.
We Show the Winners and the Losers
Which markets are going up? Which are going down? Where are sales improving? Where are prices weakening? And most importantly, what is happening to the value of your real estate?
After more than four decades in real estate, I still enjoy opening the newest numbers and discovering what the market is telling us. Good real estate decisions should start with good data.
Contact Bill Coughlin
Have a question about the market, your neighbourhood, or where prices may be heading?
This is our recommendation for Bill Coughlin and his real estate services.
We contacted Bill because of his professionalism and experience, and we wanted his advice on the best way to market and sell our home.
At the time, there were about 30 competing listings in the White Rock area. Buyer activity was very slow, and none of the other Realtors were planning to hold open houses that weekend because they said they were not getting any calls and no one would show up.
Bill had a different plan.
Based on his market reports, forecasting and professional marketing video, Bill believed he could generate interest from approximately 15 to 20 potential buyers. He even tried to encourage the other Realtors to hold their open houses at the same time to create more buyer activity in the area.
His marketing strategy worked.
Featuring our listing on VancouverMarketReports.com and the " Why We Love Living Here " video attracted a great deal of attention, and we ended up with 16 interested buyers. That resulted in three offers and counteroffers, and our home sold for $40,000 over the listing price.
Bill called it a miracle. We believe it was the result of his experience, creativity, marketing skills and willingness to think outside the box.
We would highly recommend Bill Coughlin to anyone looking for a Realtor who knows how to market a property, attract buyers and get the job done.
Thank you, Bill, for your outstanding work and dedication.
Sincerely,
Grace and Rob
his is our recommendation for Bill Coughlin and his real estate services.
We contacted Bill because of his professionalism and experience, and we wanted his advice on the best way to market and sell our home.
At the time, there were about 30 competing listings in the White Rock area. Buyer activity was very slow, and none of the other Realtors were planning to hold open houses that weekend because they said they were not getting any calls and no one would show up.
Bill had a different plan.
Based on his market reports, forecasting and professional marketing video, Bill believed he could generate interest from approximately 15 to 20 potential buyers. He even tried to encourage the other Realtors to hold their open houses at the same time to create more buyer activity in the area.
His marketing strategy worked.
Featuring our listing on VancouverMarketReports.com and the " Why We Love Living Here " video attracted a great deal of attention, and we ended up with 16 interested buyers. That resulted in three offers and counteroffers, and our home sold for $40,000 over the listing price.
Bill called it a miracle. We believe it was the result of his experience, creativity, marketing skills and willingness to think outside the box.
We would highly recommend Bill Coughlin to anyone looking for a Realtor who knows how to market a property, attract buyers and get the job done.
Thank you, Bill, for your outstanding work and dedication.
Sincerely,
Grace and Rob