|
|
|
Hi everyone,
As you can see, I've decided to 'renovate' the look of my newsletter, with a little help (thanks Emily!). I hope you like the changes. The content is similar to that in earlier issues, but if you have ideas to make it even better, let me know. Your comments and suggestions are always welcome - keep them coming!
It's great to see that summer has FINALLY arrived! As you know, I like to highlight something seasonal in each issue. So I googled "July activities Vancouver" and guess what the first event to pop us was: the Canadian Cheese Rolling Festival July 23rd at Blackcomb! Too funny! If that's too cheesy for you, here's the Tourism Vancouver site with lots of alternatives.
|
|
Curious about the forecast for housing prices in Vancouver?
Renovate or sell? Make sure you consider all of the costs.
Currently have a variable rate mortgage? Here's what to consider before you lock in.
Vacation property: an emotional buy or sensible investment?
Star-gazing: Check out where celebrities like Ben Stiller, Jack Nicholson and Katy Parry live. |
|
|
The top 3 reasons to visit my website!
|
|
|
Real Estate Market Statistics for June 2011
|
|
For the Greater Vancouver stats package from the real estate board (REBGV) click here. For information covering Surrey, Langley and the Fraser Valley click here.
Metro Vancouver Highlights:
· June has the characteristics of the upper end of a balanced market.
· Vancouver west side and West Vancouver continue to be hot markets, whereas Richmond prices are levelling off
Fraser Valley Highlights:
· With stable supply and demand since April, the Fraser Valley has a balanced market
· Although there was a seasonal dip in new homes on market, selection remains very good in particular for apartments - great for first-time buyers!
Let's look more closely at the June stats for single-family homes across the region:
|
|
Area |
Benchmark Price |
1 Year Change | |
|
Burnaby |
$928,093 |
17.7% | |
|
Coquitlam |
$715,927 |
6.8% | |
|
South Delta |
$713,436 |
6.8% | |
|
Maple Ridge |
$449,690 |
-3.1% | |
|
New Westminster |
$644,758 |
8.5% | |
|
North Vancouver |
$973,026 |
9.6% | |
|
Pitt Meadows |
$540,345 |
4.6% | |
|
Port Coquitlam |
$619,438 |
13.4% | |
|
Port Moody |
$764,845 |
-6.9% | |
|
Richmond |
$1,096,578 |
22.2% | |
|
Vancouver East |
$839,867 |
14.5% | |
|
Vancouver West |
$2,068,857 |
30.2% | |
|
West Vancouver |
$1,793,524 |
27.6% | |
|
North Delta |
$548,817 |
4.5% | |
|
North Surrey |
$510,587 |
3.8% | |
|
Surrey |
$546,694 |
3.0% | |
|
Cloverdale |
$565,723 |
1.6% | |
|
S Surrey/White Rock |
$815,398 |
8.5% | |
|
Langley |
$523,618 |
0.1% | |
|
Abbotsford |
$419,738 |
-6.0% | |
|
Mission |
$360,405 |
3.0% |
|
|
Below are examples of detached homes that sold near the benchmark price for that community. Setting a price that reflects market value is the key to selling in a timely fashion. If you'd like information for a specific property or neighbourhood - just ask! |
|
MLS# V890286
Port Coquitlam, Citadel PQ
Days on Market = 31 | |
MLS# V892846
North Van, Pemberton Heights Days on Market = 24 | |
MLS# V886629
Richmond, Riverdale RI
Days on Market = 46 |
|
MLS# V888831
Burnaby North, Govt Road
Days on Market = 33 | |
N. Delta, Sunshine Hills Woods
Days on Market = 18 | |
Surrey, Bear Creek Days on Market = 26 |
|
|
Many thanks to those of you who have introduced me to your friends, family or colleagues who could use my services or just have questions about the market. I really do appreciate your thoughtfulness!
Enjoy the sunshine whenever it appears. According to the 14 day trend on The Weather Network, there are some good days ahead as well as some not-so-good days.
Keep smiling - it's sunny somewhere out there!
Kathy
************
Refer someone you care about to someone you trust
Kathy Plante
604-329-1405
Sutton Group - West Coast Realty
|
|
|
|
|
