Found 5 blog entries tagged as Metro Vancouver.

The Real Estate market is not taking a winter break here in Metro Vancouver... it is still going strong! Here are 5 things that are important to know about the real estate market in Metro Vancouver: 

  1. Supply:  We had 4,041 properties listed thru the month of November which is down -57% from this time last year (November 2014) and down -19.5% from last month (October 2015). 

    Currently we have 2.1 months of inventory for detached houses and 2  months of inventory for attached homes (condos, townhouses and 1/2 duplex).
  2. Demand: 1,941 properties sold in November which is up +38% from this time last year (November 2014) and is only 88 less than October.
  3. Time:  The average time for a detached house to sell was 18.6 days and for attached homes …

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It's Movember! Time for the men to grow out their mustaches for prostate cancer awareness.  The Vancouver real estate market is also still growing! Here are 5 things you should know about the real estate market in Metro Vancouver:

  1. Supply:  We had 4,829 properties listed thru the month of October which is down -45.2% from this time last year (October 2014) and down -13.2% from last month (September 2015). 
    If we look into those stats further.... we have 2.2 months of inventory for detached houses and 1.7 months of inventory for attached homes.
  2. Demand: 2,029 properties sold in October which is up +16.1% from this time last year (October 2014) and is up +12.3% from last month (September 2015).
  3. Time:  The average time for a detached house…

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It's officially Spring and our Real Estate Market is blooming! I have analyzed all of the stats from February and here are some insights to our market right here in Metro Vancouver:

  • We are in a very active Seller's market for houses with 46% of the homes selling within a month and we are also in a Seller's Market for attached homes with 29.0% of the homes selling within a month.
  • Sales are up 19.8% from last year and up 62.2% from last month!
  • Inventory is down -9.3% from last year and up 14.7% from last month.
  • The detached housing market has 2.9 months of inventory while our attached market has 4.1 months.
  • The average price of a house is $1,405,464 which is up 1.5% from last year and up 3.5% from last month
  • The average price of…

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That last couple of weeks of December are crazy! You are scrambling with shopping, getting ready for the holidays, and trying to jam as much fun as possible into that small window of vacation time you have. You want to do things over the holidays and experience Christmas right here with your friends and family. Here are a few highlights of the season that I am sure you will enjoy!

Lights

Each holiday season, my family and I love to drive around and see all of the houses and neighbourhoods all lit up.  We each choose which one is our favourite.  We also go to these great events.  Here are our favourites:

Trinity Street Christmas Light Festival

Until Dec. 20, 6 to 9 p.m. | 2400-2900 Trinity Street, Vancouver

Take public transportation to this car-free jaunt…

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November was another very busy month for real estate here in Vancouver.  In fact, it was one of the strongest November months we have seen in the last five years!  Here are some of the market insights:

  • We are in a Seller's market for houses with 29% of the homes selling within a month and we are also in a Seller's Market for attached homes with 20% of the homes selling within a month.
  • Sales are up 4.1% from a year ago!
  • Inventory is down -8.5% from a year ago.
  • The detached housing market has 3.9 months of inventory while our attached market has 5.6 months.
  • The average price of a house is $1,321,214
  • The average price of an attached home is $502,210.

If we compare from a year ago (November 2013):
Prices are up 11.1% for houses and…

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