Hi everyone!

"They" say that spring is the best time to sell a home, and Spring officially arrives tomorrow at 3:45 PDT. I hope those of you with young families have enjoyed Spring Break (the rest of us have enjoyed the reduced traffic volumes...)

Real Estate Matters

Here's the February 2015 Housing Market Update from the REBGV. This month's "Realtor View" segment covers the fundamentals of supply (currently low) & demand (high), and the impact on price (increasing)

February 2015 Housing Market Update - The Real Estate Board of Greater Vancouver

Spring's arrived in Metro Vancouver & the bidding wars have started!

Vancouver's most exclusive real estate is drawing Chinese buyers (incl pics of $51.8M mansion in Point Grey)

Best deals in real estate: Canada's top cities to buy in. Guess how Vacouver ranks?

Is renting really a waste of money? This video does an excellent job of comparing the financials of rent vs buy

Renovating? Here's how to find a reputable contractor

Why I love Vancouver: Breathtaking sunrises & sunsets

Email Kathy

604 329 1405

Market Statistics for February 2015

SnapStats Reports are a great way to keep on top of what's happening in specific cities an neighbourhoods across the Lower Mainland each month:

- The Metro Vancouver report covers Vancouver, West Van, North Van & Richmond

- Burnaby, New West, Tri-Cities & Ridge Meadows, are in the Greater Vancouver report

- Fraser Valley report covers, you guessed it, Fraser Valley to Abbotsford/Mission

Keep an eye on price trends! Yr over yr price gains for single family homes ranged from 4.7% in Tsawwassen to a high of 14.4% in Squamish

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

Need space but don't want, or don't want to pay the price for, a single family home? To give you an idea of what's available, below are listings for 1/2 duplex and town homes across the Lower Mainland. If you need any more details, just ask!

CLICK ON THE PHOTOS TO SEE ADDITIONAL PICTURES.

Glenmore West Vancouver	Metrotown Burnaby	Willoughby Heights Langley

1/2 duplex,surrounded by nature, yet short drive to downtown & shopping List $1.015M	Circa 1979, 3300 sf well-maintained 1/2 duplex with a 1 bdrm suite List $939K	Family-friendly end-unit town home near schools, parks, shopping. 1600 sf List $359K

Cambie Van West	Hawthorne Ladner	Albion Maple Ridge

Fantastic City Hall/Cambie location. 1363 sf town home is still under warranty List $1.3M	Great central Ladner location close to everything. Built in 1979, updated, 1886 sf List $455K	Brand new town home development, 2100 sf, near parks, schools, transit List $385K

Closing Thoughts

If you're wondering how to enjoy our spring weather, the Vancouver Cherry Blossom Festival is on now through April. You should check out the site to see which neighbourhoods to visit to enjoy the scenery!

As mentioned earlier, single-family homes are a hot commodity! If you're wondering if this spring is the time to list your home, let me know and we can review recent sales in your neighbourhood. Knowledge is power and puts you in the driver's seat. Always happy to help out!

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