June 29, 2012
New property listed in Garibaldi Highlands, Squamish
Categories:Garibaldi Highlands, Squamish Real Estate
I have listed a new property at 40402 SKYLINE DR in Squamish and would love to show it to you.
If you are looking for a truly grand home in an area with unmatched beauty, then Eden Hall is waiting for you. This custom designed Tudor home features over 15 ft high ceilings, timber beams, and grand spaces like the great living room on the main floor and 34 X 26 foot recreation room on the top floor. The roof top deck offers you a beautiful panoramic view of the majestic mountains. Eden Hall features stunning hardwood floors with ceramic coating, Italian ceramic tile kitchen floors, custom designed cabinets and beautiful appliances. This home is designed for entertainment. Enjoy this home with your family or use the 2,594 sqr ft upper floor as a self contained suite with separate entrance.
June 19, 2012
New property listed in Hamilton, North Vancouver
Categories:Hamilton, North Vancouver Real Estate
I have listed a new property at 532 23RD ST W in North Vancouver and would love to show it to you.
All the boxes are checked for this lovely home in a great North Shore neighborhood. Come and see this lovely 3 bed/3 full bath updated home. Updates in the past 6 years include the kitchen,bathrooms,roof,windows,furnace & hot water tank,Leaf Guard gutters, Jacuzzi with Gazebo and much more. You'll also find the original hardwood under the upstairs carpet. This gem is close to shopping,schools and the best recreation that the North Shore has to offer. For the gardening fan, there are many areas for your planting needs & for the kids, a great fenced yard. This move-in ready home is close to schools, shopping & recreation. It's a must see! Open House Sunday June 24, 2 - 4 PM
June 4, 2012
Greater Vancouver Real Estate Update
Categories:real estate Vancouver
Spring activity remains balanced in the Greater Vancouver housing market
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,853 on the Multiple Listing Service® (MLS®) in May 2012. This represents a 15.5 per cent decline compared to the 3,377 sales recorded in May 2011.
May sales were the lowest total for the month in the region since 2001 and 21.1 per cent below the 10-year May sales average of 3,617. However, sales have been constant throughout the spring months, with 2,874 sales in March and 2,799 sales in April.
“Home sellers have outpaced buyers in recent months, however, there continues to be an overall balance between supply and demand in our marketplace,” Eugen Klein, REBGV president said.
New listings for detached, attached and apartment properties in Greater Vancouver totalled 6,927 in May 2012. This represents a 16.8 per cent increase compared to May 2011 when 5,931 homes were listed for sale and a 14.4 per cent increase compared to April 2012 when 6,056 homes were listed for sale on the region’s MLS®.
Last month’s new listing total was 15.3 per cent above the 10-year average for listings in Greater Vancouver for May.
At 17,835, the total number of homes listed for sale on the region’s MLS® increased 7.9 per cent in May compared to last month and increased 21 per cent from this time last year.
“Our sales-to-active-listing ratio sits at 16 per cent, which is indicative of balanced market conditions,” Klein said. “As a result of this stability, home prices at the regional level have seen little fluctuation over the last six month.”
The MLS® HPI benchmark price* for all residential properties in Greater Vancouver currently sits at $625,100, up 3.3 per cent compared to May 2011 and up 2.4 per cent over the last three months. The benchmark price for all residential properties in the Lower Mainland** is $558,300, which is a 3 per cent increase compared to May 2011 and a 2.3 per cent increase compared to three months ago.
Sales of detached properties on the MLS® in May 2012 reached 1,180, a decline of 24.8 per cent from the 1,570 detached sales recorded in May 2011, and a 6.1 per cent decrease from the 1,256 units sold in May 2010. The benchmark price for detached properties increased 5.1 per cent from May 2011 to $967,500.
Sales of apartment properties reached 1,156 in May 2012, a decline of 5.9 per cent compared to the 1,228 sales in May 2011, and a decrease of 14.6 per cent compared to the 1,354 sales in May 2010.The benchmark price of an apartment property increased 1.7 per cent from May 2011 to $379,700.
Townhome property sales in May 2012 totalled 517, a decline of 10.7 per cent compared to the 579 sales in May 2011, and a 5.3 per cent decrease from the 546 townhome properties sold in May 2010. The benchmark price of a townhome unit increased 0.9 per cent between May 2011 and 2012 to $470,000.
*Editor’s Note: Benchmark prices underwent a re-calculation this month in order to more accurately reflect trends measured by the MLS® Home Price Index. There were no changes to the calculation of index values.
This re-calculation involved aggregating benchmark prices using the sales weighted approach for the reference period (i.e. January 2005) and thereafter linking movements in aggregate benchmark prices to their corresponding MLS® HPI.
**Lower Mainland: Includes areas covered by the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board.
Information above is from Real Estate Board of Greater Vancouver