Hi everyone!

The 21st annual REALTORS Care® Blanket Drive runs Nov 16 to 23rd this year. Donations needed! If you have any new or gently used blankets, sleeping bags, warm clothes (coats, hats, scarves, mittens), let me know and I can arrange to have the items picked up. Or you can take items to any one of these drop-off locations. Thanks for your support!

Real Estate Matters

Here's the REBGV Market Update for October 2015. The supply/demand story continues: the total number of homes for sale has dropped each month since May & continued high buyer demand is pushing prices higher.

Media articles that caught my eye this month:

- House prices in BC are forecast to rise into 2017

- The role of mainland Chinese money in our market

- Creative ways to co-own property, one answer to affordability challenges in our market

With the low inventory levels, you may be considering selling your home. Here's some tips on selling your home in winter

Charting Metro Vancouver's growth since 1900: Here's a nifty bar chart that plots out residential booms & busts by building type

Did you know that Burnaby is the most ethnically diverse city in Metro Vancouver? Check out the Vancouver Sun's interactive diversity map to see how your neighbourhood stacks up.

Email Kathy

604 329 1405

Market Statistics for October 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!

The number of homes for sale hasn't been keeping with demand, continuing to place upward pressure on prices. For the details, 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

Speaking of affordability, below is a sampling of 1/2 duplex homes currently on the market across the Lower Mainland. If you want any additional information, let me know!

CLICK ON THE PHOTOS TO SEE ADDITIONAL PICTURES.

Marpole Vancouver	Central Lonsdale North Vancouver	East Burnaby

Built 2012, very well-kept 3 beds/3 baths. Open layout, large principle rooms & master List $1.098M	3 bdrm, 1824 sf 1/2 duplex contemporary high-end finishings. Large 7000sf lot List $899K	Brand new 1/2 duplex, 4 bedrooms, close to Highgate shops & services List 1.088K

Coquitlam West Coquitlam	Langley City Langley	Scottsdale North Delta

1/2 duplex built in 2013. Open concept, gourmet kitchen, 9 ft ceilings. Great corner lot! List $840K	Well-maintained 1/2 duplex built in 1991. Updated kitchen, south-facing fenced yard. List $399K	2300 sf 1/2 duplex on large 7100 sf lot. 5 bedrooms! Built in 1976 - well-maintained. $539K

Closing Thoughts

I know this could be a tad early for a few of you, but plan ahead before your schedule gets really hectic - here are 15 Christmas events that shouldn't be missed.

And for you ski-buffs, winter's arriving early - Whistler Mountain is opening one week ahead of schedule on Nov 19!

Enjoy!

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