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Hi everyone!
Coincident with the wonderful weather we've been enjoying, the tradtional summer 'slow down' in real estate has arrived in a big way. Lots of inventory and buyers are not in a hurry.
All this sunshine must mean that The Fair at the PNE is upon us! There's a great line-up of entertainers scheduled for Summer Night Concerts (now that's a trip down memory lane). If the PNE's not for you, check out the HUGE list of things to do at www.findfamilyfun.com (thanks Martin!) |
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Congratulations to my clients & friends!! To T&K and to M,J and family who took possession of their new homes at the end of July! And to SP with a completed sale in the bag & money in the bank! |
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No one has a crystal ball regarding exactly where the market/ prices are headed - but Peter Kinch sifts through the media hype in his informative video update The Mortgage Minute.
Average house prices don't tell the whole story. There are better indicators to glean market trends
First time buyers? Check out ways to save for a bigger down payment. Plus this infographic shows how the savings add up.
Check out the views from the $17.5M penthouse in Canada's tallest condo
Refinancing? Consider the benefits of a one year fixed rate mortgage
Do you have a secondary suite in your home? Make sure you have the right insurance coverage. |
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The top 3 reasons to visit my website!
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As we approach September, back-to-school preparations are in high-gear. So I thought we should look at condos near college/university campuses. Ones that sold in July and are near the benchmark prices for those areas. If you'd like more information on any property or neighbourhood, let me know! FOR FUN: Name all 6 campuses
these are close to and receive a Starbucks Gift card. Just email me your answers! |
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MLS# V954780
North Van, Lynn Valley
List Price $349K
1 Bdr, 860 sf | |
MLS# V961388
Coquitlam, North Coq
List Price $248K
2 Bdr, 1145 sf | |
MLS# V952199
Van West, False Creek
List Price $499K
1 Bdr, 703 sf |
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MLS# V950108
Burnaby North, SFU
List Price $355K
2 Bdr, 840 sf | |
Abbotsford, Central
List Price $170K
2 Bdr, 903 sf | |
Surrey, West Newton
List Price $205K
2 Bdr, 1108 sf |
| Market Statistics for July 2012 |
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The two reports below show trends in average sale price, inventory (active listings), and units sold - by City and by housing type (detached or attached, aka apartments & townhomes). They also show inventory & sales by price band and by sub-areas within each City. Buyers want to know what areas have lots of inventory to choose from, and sellers are keen to know which areas are hot spots where listings sell, and sell fast.
For Vancouver, West Van, North Van & Richmond, click here.
For Burnaby, Coquitlam, New West, PoCo, Pitt Meadows and Maple Ridge, click here.
(Fraser Valley reports not available yet, so sorry)
You can still view the July stats packages from the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board on my website at How's the Market? Affordability is the story for the Fraser Valley, with a fairly active townhome and condo market. |
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Summer slow down = time on my hands = room for new clients! If you know someone who is thinking of buying or selling, I'd be happy to meet with them & chat about how I could help out. Even if they're just testing the waters. I promise to take good care of them.
And I just checked with 14 day forecast, but I can't say/print any comments as I don't want to jinx things :)
Cheers, Kathy
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Refer someone you care about to someone you trust
Kathy Plante
604-329-1405
Sutton Group - West Coast Realty |
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