Hi everyone!

June's the month to celebrate Dad's & Grad's -congratulations to all! (and gift suggestions for last-minute shoppers)

It continues to be one very hot sellers market for all property types. And Port Coquitlam & Pitt Meadows are two of the hottest areas for single family homes where virtually every listing in May sold! Details in the SnapStats reports below.

Real Estate Matters

Here's the REBGV's Housing Market Update for May.This month it includes a segment on various housing options and price points across the region (Articles on affordability that focus on prices for single family homes on Vancouver's west side are only telling part of the story)

A top economist weighs in on issues such as foreign ownership & land use, and their impact on BC real estate (don't worry, it's an easy read)

The Globe and Mail cites investment industry experts who suggest boomers should think about an exit strategy

Opinion: population growth and geography are to blame for high housing prices in Vancouver, not foreign buyers

From the Financial Post: 5 reasons why Canada's housing market won't crash

Email Kathy

604 329 1405

Market Statistics for May 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 the south side of the river to Abbotsford/Mission

Keep an eye on price trends! Yet again for May, East Vancouver continues to be one hot market, with prices for single family homes up 18.4% over last year. North Van is right behind, up 17.2%

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 homes currently on the market that boast a great view! If you need any more details, just ask. Any suggestions for themes - email kathy@kathyplante.com!

CLICK ON THE PHOTOS TO SEE ADDITIONAL PICTURES.

Coquitlam West	Upper Dear Lake Burnaby South	White Rock

Amazing mountain & water views. 4100 sf home built 1988. Chef's kitchen, private yard. List $1.3M	City & mountain views. Well-maintained family home, circa 1961. Lge 9100 sf lot List $1.5M	1/2 block to the beach! Great ocean views from rooftop deck. 3 bdrm home + suite. List $840K

Dunbar Vancouver West	Renfrew Vancouver East	Barber St Port Moody

European designed 2200 sf home. Unobstructed city and mountain views. List $2.68M	Solid 2100 sf home, original 1929 condition. Million dollar view of downtown! List $899K	Ocean view 1969 home completely rebuilt. 3200 sf, chefs kitchen, amazing views List $1.5M

Closing Thoughts

We certainly have been blessed with a lovely stretch of summer weather, with more to come! Here's a link to Vancouver's best patios + some tips on how to find the perfect spot.

If you need some help navigating the real estate market, I'd be happy to meet up and help you figure things out. Just call or email.

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