I have sold a property at 7534 HASZARD ST in Burnaby.
Prime Lower Deer Lake location, walking distance to Deer Lake & its parklands! 4 bedrooms up. 3 levels. New steel roof tiles/gutters. Extensive kitchen renovations with new appliances, floor, ceiling, granite counter tops, tiling, sinks, bigger window, etc. New furnace & HW. New Energy Star windows & skylight! Reno'd powder room & main bathroom as well! Walkout basement ready for your "finishing" ideas! Doubled size of the private deck with glass railings, vinyl floor, new steps/glass canopy. Nature at your doorstep with a fresh water creek outback with a new bridge, added planters & trellis surrounded by a landscaped yard with brick paths, & patio! Irrigation system.
Read Full Story
January 3, 2014

Metro Vancouver housing market characterized by modest home sale and price increases in 2013

The Greater Vancouver housing market maintained a consistent balance between demand and supply throughout 2013.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2013 reached 28,524, a 14 per cent increase from the 25,032 sales recorded in 2012, and an 11.9 per cent decrease from the 32,390 residential sales in 2011.

“Home sales quietly improved last year compared to 2012, although the volume of activity didn’t compare to some of the record-breaking years we experienced over the last decade,” Sandra Wyant, REBGV president said.

Last year’s home sale total ranks as the third lowest annual total for the region in the last ten years, according to the region’s Multiple Listing Service® (MLS®).

The number of residential properties listed for sale on the MLS® in Metro Vancouver declined 6.2 per cent in 2013 to 54,742 compared to the 58,379 properties listed in 2012. Looking back further, last year’s total represents an 8.1 per cent decline compared to the 59,539 residential properties listed for sale in 2011. Last year’s listing count is on par with the 10 year average.

“It was a year of stability for the Greater Vancouver housing market,” Wyant, said. “Balanced conditions allowed home prices in the region to remain steady, with just a modest increase over the last 12 months.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $603,400. This represents a 2.1 per cent increase compared to December 2012.

December summary

Residential property sales in Greater Vancouver totalled 1,953 in December 2013, an increase of 71 per cent from the 1,142 sales recorded in December 2012 and a 15.9 per cent decline compared to November 2013 when 2,321 home sales occurred.

December sales were 8.1 per cent above the 10-year December sales average of 1,807.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,856 in December 2013. This represents a 34.5 per cent increase compared to the 1,380 units listed in December 2012 and a 42.8 per cent decline compared to November 2013 when 3,245 properties were listed.

Sales of detached properties in December 2013 reached 762, an increase of 79.3 per cent from the 425 detached sales recorded in December 2012, and a 21 per cent increase from the 630 units sold in December 2011. The benchmark price for detached properties increased 2.5 per cent from December 2012 to $927,000.

Sales of apartment properties reached 850 in December 2013, an increase of 68.7 per cent compared to the 504 sales in December 2012, and an increase of 9.8 per cent compared to the 774 sales in December 2011.The benchmark price of an apartment property increased 1.8 per cent from December 2012 to $367,800.

Attached property sales in December 2013 totalled 341, an increase of 60.1 per cent compared to the 213 sales in December 2012, and a 34.3 per cent increase from the 254 attached properties sold in December 2011. The benchmark price of an attached unit increased 1.2 per cent between December 2012 and 2013 to $456,100. 

Download the complete stats package by clicking here. 

copyright© real estate board of greater vancouver. all rights reserved.

Follow us on Facebook and Twitter.

 

Read Full Story
Categories: Arbutus, Vancouver West Real Estate | Brighouse, Richmond Real Estate | Cambie, Vancouver West Real Estate | Coal Harbour, Vancouver West Real Estate | Coquitlam West, Coquitlam Real Estate | Deer Lake, Burnaby South Real Estate | Downtown NW, New Westminster Real Estate | Downtown VE, Vancouver East Real Estate | Downtown VW, Vancouver West Real Estate | Dunbar, Vancouver West Real Estate | Fairview VW, Vancouver West Real Estate | False Creek, Vancouver West Real Estate | Fraserview NW, New Westminster Real Estate | Fraserview VE, Vancouver East Real Estate | Grandview Surrey, South Surrey White Rock Real Estate | Grandview VE, Vancouver East Real Estate | Greentree Village, Burnaby South Real Estate | Hastings, Vancouver East Real Estate | Kerrisdale, Vancouver West Real Estate | Kitsilano, Vancouver West Real Estate | Knight, Vancouver East Real Estate | MacKenzie Heights, Vancouver West Real Estate | Marpole, Vancouver West Real Estate | Metrotown, Burnaby South Real Estate | Mount Pleasant VE, Vancouver East Real Estate | New Westminster Real Estate | Point Grey, Vancouver West Real Estate | Port Moody Centre, Port Moody Real Estate | Quilchena, Vancouver West Real Estate | Riverdale RI, Richmond Real Estate | Sapperton, New Westminster Real Estate | South Slope, Burnaby South Real Estate | Steveston South, Richmond Real Estate | Terra Nova, Richmond Real Estate | University VW, Vancouver West Real Estate | Vancouver Real Estate | Vancouver West Real Estate | West End VW, Vancouver West Real Estate | Willingdon Heights, Burnaby North Real Estate | Yaletown, Vancouver West Real Estate
Categories