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Hi everyone!   June is the month to celebrate Dads and Grads - so congrats to all!  Father's Day turned out perfect for barbecues and picnics.  Let's hope the sunny weather holds for those grad photo ops (and here's hoping I haven't jinxed things...)

 

Who likes contests?  Want to win a $10 Starbucks gift card? While the overall market is described as balanced, there were a number of areas that are actually Seller's markets.  Find out which ones by opening the reports in the Market Stats section below.  (Hint, then check the "Summary" section in the middle of each page) Send me an email naming at least 5 and you're a winner!  

Real Estate Matters

The REBGV reports that the Greater Vancouver market in May was balanced which has a stabilizing effect on prices. Here's the May update video 

 

Buying a strata property?  Here's what to look for to make sure it's a sound investment.

 

Selling?  Make sure you select a REALTORŪ who can best meet your needs.  Here are 10 questions to ask 

 

Planning on buying an investment property?  MoneySense describes two ways to measure your real return  

 

Renovating?  Updating your home means updating your insurance policy 

 

Curious to know what the Downtown Vancouver skyline could look like in 5 years?

 

For fun:  Check out pics of 10 of the world's thinnest houses

The top 3 reasons to visit my website!

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Market Statistics for May 2013
CONTEST ENTHUSIASTS, THESE ARE THE 3 REPORTS TO LOOK AT
Do you want to "be in the know" about the real estate market (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 the Fraser Valley as far east as Abbotsford/Mission - click here

  

Properties that are priced right are selling.
 One of the tools to monitor housing prices are the stats packages from the REBGV and FVREB. They report on Home Price Index changes by city & property type (similar to the CPI). You can also find the reports on my website on the tab How's the Market 
Market in Action

Below are selected homes that sold in May at or close to the Benchmark Price for that city. For other cities, just check the reports in the above Statistics section.

          MLS# V1006534

     v1006534   

Van West, Dunbar

List Price $2.055M

Lot: 6555sf

MLS# V1008119

         v1008119     

N. Burnaby, Willingdon

List Price $899K

Lot: 4026sf

MLS#V998591  
   v998591

New West, The Heights

List Price $669K

Lot: 4614sf

MLS# V996426
        v996426    
    North Van, Westlynn

List Price $946K

Lot: 9030sf

      
MLS# F1308816

  f1308816          

Cloverdale

List Price $579K

Lot: 3488sf

MLS# F1311010

     f1311010

      N Delta, Sunshine Hills

List Price $519K

Lot: 6600sf

Closing Thoughts

I can't believe it's the middle of June!  Lots to look forward to:  Dragon Boat Festival, Vancouver International Jazz Festival, and the Canada Day celebrations.  If music is your passion, visit FestivalTrek.com for to see what's happening across the province this summer.  Enjoy!

 

And if you need my help to buy or sell property, or just info on your area - just ask, I'm happy to help out!

 

Cheers, Kathy

 

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Kathy PlanteCan't see the image? Click the link above

604-329-1405

Sutton Group - West Coast Realty