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Hi everyone!

Aren't we enjoying wonderful weather this week?  Let's hope it lasts right through this Victoria Day weekend.  For you urban cowboys & girls, it's rodeo time out in Cloverdale!

 

Spring is generally the busiest time of year in real estate, and especially true this April.  Affordable Port Coquitlam was the hottest area, with two-thirds of the listings sold!  Van East, North Van and New West continue to be very active seller's markets as well.

Real Estate Matters

Here's the REBGV April Housing Market Update.  Demand for detached homes remains high & prices are steadily increasing

April 2014 Housing Market Update - The Real Estate Board of Greater Vancouver 

Viewpoint:  For all the talk of bubbles bursting, a disorderly crash in Vancouver real estate prices seems unlikely

   

The tiny old city of New West just might be the answer to Vancouver's high prices

 

Gen Y is redefining home ownership - and the B.C. real estate market.  Plus, more buyers are using non-traditional ways to purchase

 

Downsizing a home can open the door to investment opportunities 

 

Pictures!  21 massive windows with equally massive views

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Market Statistics for April 2014
"Be in the know" about the local real estate market (sales, listings, days on market) 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

   -  For Surrey, Langley, White Rock and other Fraser Valley cities - click here

 

Keep an eye on price trends!
To better understand house price trends, check out the statistics from the Greater Vancouver and  Fraser Valley real estate boards. They report on Home Price Index changes by city & property type (similar to the CPI). You can also find copies of these reports on my website on the tab How's the Market?  
Market in Action

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

CLICK ON THE PHOTOS FOR MORE DETAILS!

MLS# V1059694

Classic 1970's home, vaulted ceilings, in-ground pool, near
Metrotown, list $998K 
MLS# V1059728
 
 Heritage Mtn, Port Moody, backs 
onto greenbelt. 6819 sf lot
listed for $880K
MLS#V1058578

Updated view home on 
English Bluff Rd , Tsawwassen
listed for $739K
 
MLS# V1059687   
   
$469K buys a 1976 rancher 
with a great lot and 16x32 ft 
pool in Maple Ridge
      
MLS# V1060834
 Updated 1950's bungalow on
a large 7000sf lot in New West.  
listed for $685K
MLS# F1408351  
6 bedroom, 3100 sf home in Cloverdale, central location,
greenbelt, list $599K
Closing Thoughts

Remember, I'm always willing to help out with your real estate questions - just ask!  And if you hear of someone who's thinking of making a move - I'd be happy to help out. 


For my New West friends, Hyack Festival starts this weekend, and the Annual Heritage Home Tour & Tea is Sunday May 25.

 

Cheers, Kathy 

 

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

604-329-1405

Sutton Group - West Coast Realty