The Real Estate Board of Greater Vancouver (REBGV) provides us with an easy-to-understand video that depicts the specific insider trends in the housing market. Demand continues to outpace supply across Metro Vancouver resulting in seller market conditions.

In order to stay competitive in the marketplace, get connected with a knowledgeable realtor. With over 25 years in the industry, WeSellVancouver can provide advice on:

» Strategies for pricing
» What to include in the contract
» How to safeguard yourself

Whether you're buying or selling, we can assist you through the process. For all your real estate needs, contact us at info@wesellvancouver.ca or alternatively at 604-801-6654.

Source: Real Estate Board of Greater Vancouver

 

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For the warmer months, cool down with these tips and perhaps you can put some of that extra cash you save towards a summer vacation. Take a look at our previous blog on how to make improvements in your home to save heat and money. 

Install a Programmable Thermostat
Set it at a lower temperature at night and during the day when you're away. This can be done automatically without sacrificing comfort through the easy installation of a programmable thermostat or an automatic setback. With the former, you can turn on heating or air-conditioning based on a pre-determined schedule. Programmable thermostats are a great way to save on your energy bills as heating and cooling account for about 42% of energy costs. A majority of these costs come from heating and cooling empty or unused spaces. Each degree below 20° saves you 3-5% on heating costs. 

Replace Your Furnace Filter
By replacing your furnace filter, you will optimize performance since clogged filters reduce airflow which in turn causes the furnace to work harder. Most people don't give much thought to furnaces so long as it does its intended purpose. However, for it to perform optimally and prevent possible malfunctions, furnace filters need to be cleaned or changed on a regular basis.

Use Curtains
Windows can be one of your home's most attractive features. Windows provide views, daylighting, ventilation, and heat from the sun in the winter. Unfortunately, they can also account for 10% to 25% of your heating bill by letting heat out. During the warmer months, your air conditioner has to work overtime to cool down hot air from sunny windows. By installing ENERGY STAR®-qualified windows and using curtains and shade, you will be able to hit two birds with one stone by giving both your air conditioner and energy a bit of a break!

Being green saves you green. Stay tuned for additional energy and money saving tips as we will be posting home renovation blogs over the next few months!


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The Real Estate Board of Greater Vancouver has a Listed vs. Sold section on their website which graphically represents the comparison between number of units listed vs. number of units actually sold. You have the ability to select a neighbourhood and property type within that neighbourhood to get a visual representation of that data in a graph format. Below is an example of the Vancouver West - Detached statistics.

The graph displays data for a one-year period and displays the following information on a month-to-month basis: units listed, units sold and active listings. To check out other neighbourhoods and property types, take a look at their website here.

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