More statistics on one bedroom apartments in North Vancouver

As I have mentioned before, I have a small tool running that, a few times a day, downloads all the ads for apartments and basement suites in North Vancouver. This has been running, with a few interruptions, since November 2008. I thought I would produce a quick summary of what the market for one bedroom apartments has looked like.

The attached chart has two squiggly lines. The top, red one shows the median monthly rent for all suites listed, averaged on a weekly basis, measured on the left-hand scale. You can see that advertised rents in November 2011 started out at about $1100 per month, and have gyrated around that figure since then.

The blue line at the bottom shows the number of advertisements per week. One can see a spike before the February 2010 Winter Olympics, but that on average, there's between 50-100 advertisements per week.

I have similar data for 2, 3, 4-bedroom apartments; if you're interested drop me a email and I'll post them too. 

One_bedroom_apartments_2011_08

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