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April Market Update

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JUST SOLD
150 W 22nd Street
#404 150 W 22nd Street North Vancouver
 
This pristine top floor suite has views of Grouse Mountain and stunning design features including vaulted ceilings and an efficient open layout with no wasted space. With countless updates that include new flooring, stainless steel appliances, light fixtures and mantel there is no need to search any further.
List Price: $399,000
JUST SOLD
106 W Kings Road
#201 106 W Kings Road North Vancouver
 
In the heart of Upper Lonsdale with the most effective & spacious floor plan you've ever seen, huge pantry off the kitchen, Peaceful looking out onto private huge patio/Greenspace, new paint, new carpet.
List Price: $474,900
Greetings!
 
The spring market is upon us.  Inventory is slowly increasing and activity is high.  A couple of important issues to note that could affect our market moving forward are the increase of interest rates and the fact that the average sales price for a detached home in Greater Vancouver is now over $1 million.  If you'd like to further explore our current market conditions please feel free to contact me.
 
Home listings rise to start the spring season

VANCOUVER, B.C. - April 6, 2010- A steady influx of new listings has helped create a balanced 'typical spring' housing market in the Greater Vancouver region.
    The Real Estate Board of Greater Vancouver (REBGV) reports that new listings for detached, attached and apartment properties in Greater Vancouver totalled 7,004 in March 2010. This represents a 60 per cent increase compared to March 2009 when 4,385 new units were listed, and a 52.1 per cent increase compared to February 2010 when 4,606 properties were listed on the Multiple Listing Service® (MLS®).
   At 13,538, the total number of property listings on the Multiple Listing Service (MLS®) increased 19 per cent in March compared to last month, but remains 7.6 per cent below this time last year.
   "The total number of homes listed for sale on our MLS® is at its highest level in 10 months, which translates into more options and variety for those looking to buy during the traditionally busy spring period," Jake Moldowan, REBGV president said.
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