Blog by Craig Rushton
September 2009 Market Stats
October 3rd, 2009Greater Vancouver home sales remained strong last month, with the second highest number of residential sales ever recorded for the month of September.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,559 in September 2009, an increase of 3.4 per cent from the 3,441 sales recorded in August 2009, and an increase of 124. ...
Property listings decrease, as February sales improve
March 5th, 2009
VANCOUVER, B.C. . March 3, 2009
Residential housing sales in Greater Vancouver rose 94 per cent in
February compared to the month before, with 1,480 sales registered in February compared to 762 sales in January, which was the slowest month for housing sales in 25 years. Over the past 10 years, February sales have typically surpassed January by an average increase of 53 per cent.
At the ...
How does the changing market affect your Townhouse?
June 18th, 2008The Real Estate market in North Vancouver is in a time of transition. We are seeing fewer multiple offers (though they do still exist), listings are sitting on the market longer then in past years and Buyers have more choices then ever before. What does this mean to you, the owner of a beautiful Townhouse in North Vancouver? Traditionally when a Real Estate market shifts townhouse sales are t ...
Growing supply helps stabilize market conditions
June 4th, 2008VANCOUVER, B.C. - June 3, 2008 - The Greater Vancouver housing market continued its re-balance between sales and listings last month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 30.7 per cent in May 2008 to 3,002 from the 4,331 sales recorded in May 2007.
New listings for detached, attached and apartment properties ...
February 2008 Stats
March 12th, 2008Housing options broaden for buyers in February
VANCOUVER, B.C. -- March 4,
2008
The Real Estate Board of Greater
Vancouver (REBGV) reports that residential
attached, detached and apartment property sales totalled 2,676 in
February 2008, a decline of 6.4 per cent from the
2,859 residential sales recorded in February 2007, and a decline of
9 per cent compared to the 2, 941 sales in February
200 ...
Branches by Polygon
March 12th, 2008
Coming soon to North Vancouver; Branches on the North
Shore, Polygon's newest condo project located in up and
coming Lynn Valley. Branches is a collection of one, two and three
bedroom condos in two-four storey buildings. Featuring Pacific
Northwest design and modern finishings Branches will easily blend
into the North Shore's youngest community. Sales start late Fall
2008
New Property Transfer Tax Exemption Rules
March 6th, 2008
When you buy a home in BC you pay a property purchase
transfer tax that equals 1% of the first $200,000 and 2%
of the remainder. For example: If you bought a condo for $500,000
you would pay $8000. First time homebuyers were exempt from paying
that tax up to a maximum of a $375,000 purchase price on a home.
That maximum has now been increased to $425,000 and between
$425,000-$450,000 the tax ...
January 2008 Market Stats
February 7th, 2008New listings rise to start the New Year
VANCOUVER, B.C. -- February 4, 2008
The Real Estate Board of Greater Vancouver (REBGV) reports that residential attached, detached and apartment property sales totalled 1,819 in January 2008, an increase of 0.7 per cent over the 1,806 total residential sales in January 2007 and a 5.5 per cent decline from the 1, 924 sales recorded in January 2006.
Ne ...
October housing sales consistent with record highs
November 17th, 2007October housing sales consistent with record highs
Vancouver, B.C. November 5, 2007 - The Real Estate Board of Greater Vancouver (REBGV) reports that total residential sales reached 3028 units in October 2007, an increase of 11.2 per cent compared to 2,722 sales in October 2006, and a 2.3 per cent decrease compared to the 3,099 units sold in October 2005.
Property listings remain relativel ...