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Please visit our Open House at 206 1433 1ST AVE E in Vancouver.
Open House on Sunday, May 31, 2015 2:00 pm - 4:00 pm
CORNER UNIT 2 bedroom, 1.5 bathroom with a south facing patio. This...
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I have listed a new property at 206 1433 1ST AVE E in Vancouver.
CORNER UNIT 2 bedroom, 1.5 bathroom with a south facing patio. This home features a large master bedroom - suitable for...
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Please visit our Open House at 2727 SOPHIA ST in Vancouver.
Open House on Saturday, May 23, 2015 1:00 pm - 3:00 pm
2 LEVEL TOWNHOME AT THE SOPHIA. This 778 SF corner unit has a private...
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Please visit our Open House at 1513 SHORE VIEW PL in Coquitlam.
Open House on Sunday, May 24, 2015 2:00 pm - 4:00 pm
PARTINGTON by Morningstar Homes. Stunning 3818 SF Balsam Plan on a 11,065...
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Please visit our Open House at 1513 SHORE VIEW PL in Coquitlam.
Open House on Sunday, May 17, 2015 2:00 pm - 4:00 pm
PARTINGTON by Morningstar Homes. Stunning 3818 SF Balsam Plan on a 11,065...
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Please visit our Open House at 2727 SOPHIA ST in Vancouver.
Open House on Saturday, May 16, 2015 1:00 pm - 3:00 pm
2 LEVEL TOWNHOME AT THE SOPHIA. This 778 SF corner unit has a private...
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I have listed a new property at 1513 SHORE VIEW PL in Coquitlam.
PARTINGTON by Morningstar Homes. Stunning 3818 SF Balsam Plan on a 11,065 SF GREENBELT lot! 3 levels of luxury living w/6...
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Please visit our Open House at 1513 SHORE VIEW PL in Coquitlam.
Open House on Thursday, May 14, 2015 2:00 pm - 4:00 pm
PARTINGTON by Morningstar Homes. Stunning 3818 SF Balsam Plan on a...
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I have sold a property at 420 255 1 AVE in North Vancouver.
West Quay by Polygon - a collection of apartment homes that pairs an eclectic urban lifestyle with soothing natural beauty in...
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Please visit our Open House at 206 1433 1ST AVE E in Vancouver.
Open House on Sunday, May 10, 2015 1:00 pm - 3:00 pm
CORNER UNIT 2 bedroom, 1.5 bathroom with a south facing patio. This...
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Please visit our Open House at 2727 SOPHIA ST in Vancouver.
Open House on Saturday, May 9, 2015 2:00 pm - 4:00 pm
2 LEVEL TOWNHOME AT THE SOPHIA. This 778 SF corner unit has a private walk...
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I have listed a new property at 2727 SOPHIA ST in Vancouver.
2 LEVEL TOWNHOME AT THE SOPHIA. This 778 SF corner unit has a private walk up entrance. Main floor has 18ft ceilings, spacious...
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Please visit our Open House at 2727 SOPHIA ST in Vancouver.
Open House on Thursday, May 7, 2015 5:00 pm - 7:00 pm
2 LEVEL TOWNHOME AT THE SOPHIA. This 778 SF corner unit has a private walk...
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Strong home buyer demand coupled with below average home listing activity has created seller's market conditions within the Metro Vancouver* housing market.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,179 on the Multiple Listing Service® (MLS®) in April 2015. This represents a 37 per cent increase compared to the 3,050 sales recorded in April 2014, and a 2.9 per cent increase compared to the 4,060 sales in March 2015.

Last month’s sales were 29.3 per cent above the 10-year sales average for the month.

 

“The supply of homes for sale today in the region is not meeting the demand we're seeing from home buyers. This is putting upward pressure on prices, particularly in the detached home market," Darcy McLeod, REBGV president said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,897 in April. This represents a 0.9 per cent decrease compared to the 5,950 new listings reported in April 2014.

 

The total number of properties currently listed for sale on the region’s MLS® is 12,436, a 19.8 per cent decline compared to April 2014 and an increase of 0.5 per cent compared to March 2015.

“It’s a competitive and fast-moving market today that is tilted in favour of home sellers. To be competitive, it’s important to connect with a local REALTOR® who can help you develop a strategy to meet your home buying or selling needs,” McLeod said. 

 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $673,000. This represents an 8.5 per cent increase compared to April 2014.

The sales-to-active-listings ratio in April was 33.6 per cent. This is the highest that this ratio has been in Metro Vancouver since June 2007.

 

Sales of detached properties in April 2015 reached 1,815, an increase of 35.9 per cent from the 1,336 detached sales recorded in April 2014, and a 70.6 per cent increase from the 1,064 units sold in April 2013. The benchmark price for a detached property in Metro Vancouver increased 12.5 per cent from April 2014 to $1,078,900.

 

Sales of apartment properties reached 1,579 in April 2015, an increase of 34.7 per cent compared to the 1,172 sales in April 2014, and an increase of 50.1 per cent compared to the 1,052 sales in April 2013. The benchmark price of an apartment property increased 4.4 per cent from April 2014 to $394,200.

 

Attached property sales in April 2015 totalled 785, an increase of 44.8 per cent compared to the 542 sales in April 2014, and a 53.6 per cent increase from the 511 attached properties sold in April 2013. The benchmark price of an attached unit increased 5.7 per cent between April 2014 and 2015 to $493,300.

 

*Note: Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta.


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Please visit our Open House at 206 1433 1ST AVE E in Vancouver.
Open House on Saturday, May 2, 2015 2:00 pm - 4:00 pm
CORNER UNIT 2 bedroom, 1.5 bathroom with a south facing patio. This...
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