Susan Pockett RE/MAX Select Properties

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Please visit our Open House at 2564 4TH AVE W in Vancouver.
Open House on Sunday, February 22, 2015 2:00 pm - 4:00 pm
Location says it all! This fabulous one bedroom suite boasts new oak hardwood floors, newer appliances and new backsplash in kitchen. Not an inch is wasted in this fabulous apartment that allows for large sized furniture.Great patio space allows you to barbecue, or just sit and enjoy a relaxing time after a hectic day. Woodburning fireplace is simply cozy. Close to shopping,transit and all that Kitsilano has to offer. Call to view this gem today! 24HRS NOTICE REQUIRED FOR SHOWINGS. OPEN HOUSE SUNDAY FEB 22ND 2-4 PM
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Please visit our Open House at 302 1673 LLOYD AVE in North Vancouver.
Open House on Sunday, February 15, 2015 2:00 pm - 4:00 pm
Absolutely immaculate and move in ready, this two bedroom one bath unit in the award winning District Crossing developed by Qualex-Landmark. This fabulous apartment features open layout, large dining and living room and open kitchen.Bedrooms are separated and the master has a walk through closet to the stunning 5 piece bathroom. Kitchen features granite counters, stainless appliances, tons of designer dark wood cabinets. Gleaming hardwood in the living area with upgraded laminate in both bedrooms. Excellent location on quiet side of the building. Walk to great shopping, transportation outside the door and minutes to downtown. OPEN SAT Feb 7th 2-4 PM. NON SMOKING COMPLEX
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Home buyers remain active despite reduced selection


VANCOUVER, B.C. – February 3, 2015 – The first month of 2015 saw home sale activity above historical norms, while the number of homes listed for sale trended below typical levels.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,913 on the Multiple Listing Service® (MLS®) in January 2015. This represents an 8.7 per cent increase compared to the 1,760 sales recorded in January 2014, and a 9.6 per cent decline compared to the 2,116 sales in December 2014.


Last month’s sales were 14.9 per cent above the 10-year sales average for the month.


“While demand remains steady, we’re seeing fewer homes for sale at the moment,” Ray Harris, REBGV president, said. "This is creating greater competition amongst buyers, particularly in the detached home market. The number of detached homes listed for sale today is the second lowest we’ve seen in four years.”


New listings for detached, attached and apartment properties in Metro Vancouver1 totalled 4,737 in January. This represents an 11.4 per cent decline compared to the 5,345 new listings reported in January 2014.


Last month’s new listing count was 1.2 per cent higher than the region’s 10-year new listing average for the month.


The total number of properties currently listed for sale on the REBGV MLS® is 10,811, a 14.2 per cent decline compared to January 2014 and a 4.8 per cent increase compared to December 2014.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $641,6002. This represents a 5.5 per cent increase compared to January 2014.


With the sales-to-active-listings ratio at 17.7 per cent, the region remains in balanced market territory.


“The Bank of Canada’s recent announcement to lower its benchmark interest rate is an important one for home buyers, sellers and owners to note,” Harris said. “A reduced rate could allow you to pay down your mortgage a little faster, save some money on your monthly payments, or change the amount you qualify for. It’s important that you do your homework and understand how these announcements impact your situation.”


Sales of detached properties in January 2015 reached 781, an increase of 7.3 per cent from the 728 detached sales recorded in January 2014, and a 44.1 per cent increase from the 542 units sold in January 2013. The benchmark price for a detached property in Metro Vancouver increased 8.4 per cent from January 2014 to $1,010,000.


Sales of apartment properties reached 809 in January 2015, an increase of 7.4 per cent compared to the 753 sales in January 2014, and an increase of 40.5 per cent compared to the 576 sales in January 2013. The benchmark price of an apartment property increased 2.5 per cent from January 2014 to $382,800. 


Attached property sales in January 2015 totalled 323, an increase of 15.8 per cent compared to the 279 sales in January 2014, and a 38.6 per cent increase from the 233 attached properties sold in January 2013. The benchmark price of an attached unit increased 4.3 per cent between January 2014 and 2015 to $479,600.

 

Click here to download the full stats package and report.

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Please visit our Open House at 302 1673 LLOYD AVE in North Vancouver.
Open House on Saturday, February 7, 2015 2:00 pm - 4:00 pm
Absolutely immaculate and move in ready, this two bedroom one bath unit in the award winning District Crossing developed by Qualex-Landmark. This fabulous apartment features open layout, large dining and living room and open kitchen.Bedrooms are separated and the master has a walk through closet to the stunning 5 piece bathroom. Kitchen features granite counters, stainless appliances, tons of designer dark wood cabinets. Gleaming hardwood in the living area with upgraded laminate in both bedrooms. Excellent location on quiet side of the building. Walk to great shopping, transportation outside the door and minutes to downtown. OPEN SAT JAN 24TH 2-4 PM. NON SMOKING BUILDING
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.