Real Estate Trends - June 2015 Update

(July 28, 2015, posted in Real Estate Trends)

Last month was a record breaking June for home sales and second highest number of sales in any month overall. The highest being 4,465 sales in May 2005.

There were 4,403 residential sales in Greater Vancouver in June which is an increase of over 28% from the same time last year and an increase of 7.9% when compared to May 2015. The average sale price in June 2015 was $927,515; detached properties b... read more.

Real Estate Trends - March 2015 Update

(July 28, 2015, posted in Real Estate Trends)

The demand on the Real Estate Market continued to grow last month. March 2015 sales were above the 10 year sales average for the month by 26.8%.

4,060 residential properties were sold in Greater Vancouver in March 2015 with the average sale price at $877,712. That is a 32.6% increase in sales when compared to the previous month’s sales of 3,061 properties and a 53.7% increase when compared to March... read more.

Real Estate Trends - May 2015 Update

(July 28, 2015, posted in Real Estate Trends)

The end of the second quarter continues to be a seller’s market as the sales to active listing ratio sits at 32.9%.

4,056 property sales were processed in May 2015. This was the third consecutive month to pass the 4,000 mark. In the Board’s history, this has only occurred once before. The sales last month show an increase of 23.4% compared to the same time last year and an increase of 16.7% above t... read more.

Real Estate Trends - April 2015 Update

(July 27, 2015, posted in Real Estate Trends)

We start the second quarter of the year with the demand for real estate surpassing the supply.

There were 5,897 new listings posted in April 2015. This brought the total number of listings on MLS® to 12,436. This is a 19.8% decline compared to April 2014 and an increase of .5 % compared to March 2015.

The Real Estate Board of Greater Vancouver reports 4,179 property sales on the MLS® in April 2015... read more.

Buying a Home in Coquitlam? 5 Tips to Help You with the Real Estate Purchase

(July 27, 2015, posted in Home Buying Tips)

Buying a home for most people is the biggest purchase they will ever make. This can be an exciting and overwhelming time. Here are 5 tips to consider when purchasing your first home:

#1 – Know what type of home you and your family need and in what location
How many rooms do you need?

Where do your kids go to school?

Do you need to be close to downtown?

Do you want to tend to a garden?

These are just a f... read more.