June 8, 2017
OPEN HOUSE - 2755 EAST 27TH AVENUE
Categories:Detached Home,For Sale,Metro Vancouver,Open House,Real Estate,Renfrew Heights,Residential,Vancouver,Views
Come join Kane Ryan for our open house on Sunday June 11th from 1 to 3pm at 2755 East 27th Avenue. This spacious 2,100SF home located in a tranquil residential neighbourhood boasts of stunning views of downtown and mountains. We look forward to seeing you there!
More details: 2755 East 27th Avenue
For all your real estate needs, contact Amalia Liapis at 604-618-7000 or alternatively at email@example.com.
February 20, 2017
January Residential Sales
Categories:BCREA,Detached Home,Lower Mainland,Metro Vancouver,MLS,Multi-Family,Real Estate,Residential,Statistics,Vancouver
Overall, we have seen a decrease in residential sales when comparing January 2017 to January 2016. Last month, there were 4,487 residential unit sales recorded by MLS® which is a 23% decrease in comparison to January 2017. For the total sales dollar volume, it was recorded at $2.79 Billion which is a 36.5% decrease from the same period last year. There has been a decrease of 17.5% in terms of the average MLS® residential price in BC bringing it to $621,093.
The decrease in the average MLS® residential price is largely attributed to there being more residential sales made in areas outside of the Lower Mainland. Vancouver residential sales fell from 43% of provincial transactions to 35%. In addition, Vancouver detached home sales have seen a decrease relative to multi-family units as they have skewed the average price statistic down. The MLS® Residential Benchmark Price in the Real Estate Board of Greater Vancouver area has seen a 3.7% decrease over the past six months, but is up 15.6% from January 2016.
For all your real estate needs, contact Amalia Liapis at 604-618-7000 or alternatively, at firstname.lastname@example.org.
November 18, 2016
October Residential Market Highlights
Categories:Apartment,Benchmark,Benchmark Price,Detached Home,Market Stats,Metro Vancouver,MLS,MLS Stats,REBGV,REBGV Report,Residential,Statistics,Townhouse,Vancouver
Another month has come and gone which means we have more monthly statistics to bring you! Looking at the residential property sales, October saw a total of 2,233 units sold which is a 38.8% decrease compared to October 2015 and a 0.9% decrease compared to September 2016. Sales last month were 15% below the 10-year October sales average.
New listings for Metro Vancouver detached, attached and apartment properties saw a decrease of 3.5% compared to October 2015 (from 4,126 down to 3,981 units) and a decrease of 17% from last month's 4,799 listed properties. There was a 4.5% decrease in total number of current properties in Metro Vancouver listed for sale on MLS® compared to October 2015 (from 9,569 to 9,143) and a 2.3% decrease from last month's 9,354 units.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $919,300. This represents a 24.8% increase compared to October 2015 and a 0.8% decline compared to September 2016.
Source: Real Estate Board of Greater Vancouver.
October 24, 2016
Changing Market Dynamics
Categories:Apartment,Condo,Detached Home,Housing Market,Market Statistics,Metro Vancouver,Real Estate,rebgv,Residential,Residential Sales,Statistics,Townhouse,Vancouver
Residential sales in the Metro Vancouver area has seen a decrease of 32.6% in September 2016 compared to the same month last year (from 3,345 down to 2,253) and a decrease of 9.5% compared to August 2016. Sales from last month were 9.6% below the 10-year sales average for the month.
There was a total of 4,799 new listings for detached, attached and apartment properties in Metro Vancouver for September 2016 which is a 1% decrease from the 4,846 units listed in September 2015. On the other hand, it was an 11.8% increase compared to August 2016 (4,293 listings). Current homes listed for sale on MLS® in the Metro Vancouver area has seen a 13.4% decrease (9,354 listings) compared to September 2015 and a 10% increase (8,506 listings) compared to August 2016. The sales-to-active listings ratio has been the lowest since February 2015 with a ratio of 24.1%.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $931,900. This represents a 28.9 per cent increase compared to September 2015 and a 0.1 per cent decline compared to August 2016. As for specific statistics on detached homes, apartments and townhouses from last month, you can refer to the image above. Detached property sales saw a decrease of 47.6% compared to September 2015 while their benchmark price increased by 33.7%. Sales for apartments saw a decrease of 20.3% and benchmark price increased by 23.5% in contrast to September 2015. Lastly, attached properties sales decreased by 32.2% and their benchmark price increased by 29.1% compared to September 2015.
For all your real estate needs, contact the WeSellVancouver team at email@example.com or alternatively at 604-801-6654.
Source: Real Estate Board of Greater Vancouver
May 30, 2016
New Listing for Sale!
Categories:Burnaby,Como Lake,Coquitlam,Coquitlam West, Coquitlam Real Estate,Custom Built,Custom Home,Detached Home,Listing,Luxury Home,New Listing,Real Estate,Single Family
We've got a new listing in Coquitlam at 720 Como Lake Avenue. This exquisite quality-finished custom-built home is listed at $1,325,000. Contact Amalia Liapis at 604-618-7000 for more details!
November 3, 2014
East Meets West
Below you will find two concise charts comparing and contrasting detached homes in the Eastside and in the Westside. A detached home is where the building is not shared with an inside wall with any other dwelling.
*What is a Seller's Market? Simply put, this market type occurs when the housing demand is greater than the supply.
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