|
|
|
Hi everyone!
Yes, the media has reported that sales have slowed right down, BUT some markets were very active in Feb, such as New West and North Van, where 20% of active listings sold! And we're starting to see more new listings now that spring is around the corner. Check out the market reports below for specifics in your area.
Those of you with school-aged children must already have plans for Spring Break, but if you don't here's a guide to 101 things to do in Vancouver! And Easter's just around the corner - here's a handy guide to Easter in Vancouver.
|
|
The Real Estate Board of Greater Vancouver creates a great video each month to summarize the local market. Check out February's update
Vancouver's house price gains over the next 10 years will outpace the national average, according to TD Bank.
Yes, as of April 1 the HST is no more, but if you're planning to buy a newly constructed home in the next 2 years, you need to know about the 2% BC Transition Tax
Mortgage renewal on the horizon? According to the Financial Post, Canadians still need to learn that it pays to shop around
I'm not usually political, but the REBGV is lobbying to the Provincial Government to reduce the Property Transfer Tax. 'Like' this FB page to lend your support!
Buying or Selling? www.howrealtorshelp.ca has lots of helpful resources to guide you through the process
Great advice from Mike Holmes on spring home maintenance
|
|
|
The top 3 reasons to visit my website!
|
|
|
| Market Statistics for February 2013 |
|
CURIOUS TO KNOW what's happening (sales, listing, days on market) in areas and neighbourhoods that matter to you? Check out these reports:
- Vancouver, West Van, North Van & Richmond, click here
- Burnaby, Coquitlam, New West, PoCo, Pitt Meadows and Maple Ridge, click here
- For Fraser Valley communities (as far east as Abbotsford/Mission) - click here
FYI, media headlines generally report price changes at an aggregate level (i.e, condos & single family homes combined, all the way 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 February at or close to the Benchmark Price for that city. If you want to know what the home down the street sold for, just ask!
|
|
MLS#V991957
Van East, Collingwood
List Price $820K
Lot: 5118sf
List Price $2.08M
Lot: 6846 sf
| |
MLS# V974230
Van West, South Granville
List Price $2.0M
Lot: 3630sf
| |
MLS#V981314
Coquitlam, Westwood Plateau
List Price $699K
Lot: 4520sf
|
|
MLS# V989459
Maple Ridge, Cottonwood
List Price $459K
Lot: 5997sf
| |
North Surrey, Guildford
List Price $569K
Lot: 7216sf
| |
Abbotsford, Central
List Price $435K
Lot: 9135sf
|
|
|
As I said last month, I'm tired of grey skies and rain and am ready for some sunshine! So here (again) is a link to the ten signs of spring in Vancouver.
I'm always happy to take the time to answer any questions you have about the real estate market. Just ask, I'm happy to find those answers for you!
And Happy St Patrick's Day - enjoy Sunday's parade!
Cheers, Kathy
************
Refer someone you care about to someone you trust
Kathy Plante
604-329-1405
Sutton Group - West Coast Realty
|
|
|
|
|