|
|
|
Hi everyone!
I'm a little late in the seasonal update department (Groundhog Day, Valentine's Day trivia, and Chinese New Year). However, it's never too late to enjoy a good meal! Check out this list of Vancouver's best Chinese restaurants.
Where the market is headed continues to be a topic of great interest. According to the UDI, there is no bubble in the local market and it hasn't burst. To me, the market is what it is: serious buyers are purchasing, and well-priced homes are selling.
|
|
The Real Estate Board of Greater Vancouver creates a great video each month to summarize the local market: here's January's update
Check out the newly launched housing affordability index for Metro Vancouver
Here's a great concept: secondary suites as strata (not rental)
Could Surrey become Vancouver's version of Brooklyn? Plus some pics showing what you can buy for approx $450K in Vancouver and in Surrey
Pictures! West Van palace lists for $38M (gaudy and completely over-the-top)
Any first time buyers in your life? Here's a few ways to leverage this year's RRSP contribution for the down payment
Is 2013 the year for the reno? Here's a renovation reality check: they can take a long time, and don't necessarily add value.
|
|
|
The top 3 reasons to visit my website!
|
|
|
| Market Statistics for January 2013 |
|
Headlines sell newspapers, but the relevant story on the market is in the details. Check out what's happening in areas and neighbourhoods that matter to you:
- Vancouver, West Van, North Van & Richmond, click here
- Burnaby, Coquitlam, New West, PoCo, Pitt Meadows and Maple Ridge, click here
- Fraser Valley reports are now available - click here
Be cautious when price changes are reported, as they're usually at an aggregate level (i.e, condos & single family homes combined, from Whistler to Maple Ridge). The MLS HPI (similar to CPI) is the best way to measure changes in home prices. The stats packages from the REBGV and FVREB contain HPI price changes, by city & property type. You can also find the reports on my website on the tab How's the Market?
|
|
Below are selected homes that sold in January at or close to the Benchmark Price for that city. If you'd like more info on any property or neighbourhood, just ask!
|
|
MLS#V985687
NWest, Queensborough
List Price $637K
Lot: 2841sf
List Price $2.08M
Lot: 6846 sf
| |
MLS# V946726
Richmond, Brighouse
List Price $998K
Lot: 8298sf
| |
MLS#V984323
North Van, Calverhall
List Price $939K
Lot: 6260sf
|
|
MLS# V983750
PoCo, Birchland Manor
List Price $549K
Lot: 7076sf
| |
Van East, Kilarney
List Price $825K
Lot: 3456sf
| |
Cloverdale
List Price $571K
Lot: 3360sf
|
|
|
I don't know about you, but I'm tired of grey skys and rain, and ready for some sunshine! Here are pics of ten signs of spring in Vancouver - something to keep an eye open for!
If you have any questions about the real estate market as it pertains to your neighbourhood, let me know, I'd be happy to find those answers for you!
Cheers, Kathy
************
Refer someone you care about to someone you trust
Kathy Plante
604-329-1405
Sutton Group - West Coast Realty
|
|
|
|
|