Read about North & West Vancouver new listings & market updates

Blog by Ann Hickey

As we kick off the new year I wanted to say how honoured I am to have been awarded one of the 2015 Top Producer awards for Royal LePage Sussex. In addition to that I received the 2015 Directors Platinum Award which places me in the top 5% of Royal LePage Realtors in the Lower Mainland. I owe much of this success to the referrals from my friends and clients, and wanted to take this opportunity ...

Posted in Market Stats

December 2015 - Market News

January 18th, 2016

Happy New Year andWelcome to a Bright 2016 Vancouver’s real estate market continued to be one of the most talked about topics in 2015. The federal election, raising the minimum down payment required, property assessment increases and just how foreign investors are impacting Vancouver housing market provided no end to areas of discussion.December is notoriously a sluggish real estate month. ...

Posted in Market Stats

November 2015 - Market News

November 12th, 2015

Changes for Home Inspector Licensing By the end of this year, BC home inspectors will have to meet a set of universal standards to be licenced in British Columbia. In the past, home inspectors where governed by four different associations, all with different standards and qualifications. It had been challenging for many home buyers to navigate through diverse credentials and establish true e ...

Posted in Market Stats

October 2015 - Market News

October 7th, 2015

The 21st Annual REALTORS Care® Blanket Drive will take placeNovember 16th - 23rd!Join us and help warm up the Lower Mainland. Click here for more information. Market Overview for September 2015 With Gross Sales up 52% in North Vancouver compared to one year ago, it seems like North Vancouver is in the “hot market” spot light. The Average Price per Unit steadily increased 30% over the past ye ...

Posted in Market Stats

September 2015 - Market News

September 8th, 2015

Market News - Active Listings: The Only Cool Spot in a Hot August Market Red hot real estate prices remained sizzling in August with unrelenting record sales and continuous growth. Not everything was hot, with Active Listings cooling down on the North Shore and Vancouver West. North Vancouver’s Benchmark Price rose 16.2% from one year ago but, like Vancouver and West Vancouver we did see a ...

Posted in Market Stats

July 2015 - Market News

July 7th, 2015

Market Overview - Like Our Summer…Hot! Much like our early hot summer, Metro Vancouver’s real estate market does not appear to be cooling off. We saw a few dips this past month but overall the market is remaining just as hot as the weather.North Vancouver gross sales were up 38% from June, 2014 but were down slightly by .05% compared to one month ago. The average unit price in North Van ...

Posted in Market Stats

June Newsletter

June 12th, 2015

Market Overview - May, 2015 Enthusiasm lingers as eager home buyers show no sign of slowing down. Real estate prices continued to rise in May, despite a well-documented shortage of listings. In Vancouver, the average price of a detached home hit $1,104,900, up 14% from last year.Detached, attached and apartment listings in Metro Vancouver totalled 5,641 in May. This represents a 5% decr ...

Posted in Market Stats

May Newsletter

May 13th, 2015

April Market Overview: It’s A Seller’s Market As home prices in Metro Vancouver increase, so does the demand from home buyers. The latest numbers for April show the overall increase in residential sales up 37% compared to April 2014. “The supply of homes for sale today in the region is not meeting the demand we're seeing from home buyers. This is putting upward pressure on prices, partic ...

Posted in Market Stats

April Newsletter

April 23rd, 2015

Blooming and Booming Market Overview It’s spring and there seems to be no end in sight as home prices continue to blossom. The overall sales for Metro Vancouver are up 53.7% compared to those in March, 2014. Low mortgage rates and an increase of population coming to British Columbia are major factors to our real estate boom.Spring inventory across Metro Vancouver has tightened and active ...

Posted in Market Stats

March Newsletter

March 5th, 2015

Spring Arrives Early and Sales Are Up Sales sprang into action early this year with huge leaps in the housing market. February saw sales-to-active-listings ratio jump from 17% to 25.7%; the first time in four years it has reached over 22%. That in combination with the falling interest rates certainly conveys the onset of a sellers' market.Supply and demand are at the center of what is driv ...

Posted in Market Stats

OAKWYN REALTY

(604) 620.6788

Blog by Ann Hickey

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