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Market Updates

During the process of buying or selling a home, countless questions are bound to surface regardless of how "seasoned" you are in Real Estate.  Some questions are easily answered, however others may require a bit of research and study.   I understand how difficult it can be to sift through the mountain of information out there in order to find answers that are relevant and meaningful to you.  

As a firm believer in "knowledge is power," I do my best to educate and inform my Buyers and Sellers about the current market conditions and the process involved once you have made the decision to move.     

If you would like to receive regular Market Updates or newsletters please contact me at dodi.t@shaw.ca or call me at 604-644-3634

Latest News

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I am always happy to share with you the latest sales and listing report compiled by the Real Estate Board of Greater Vancouver. In February we continued to see strong sales activity. For The Board's full statistics package click here: REBGV February 2014

 

 

If you are thing of selling or buying this spring, the demand for new listings is picking up. 

Sales are up, inventory is down from the same time last year, and pricing correctly for the market is key.

 

Important Highlights of the report:

 

  • February 2014 saw a 40.8% increase in sales compared to February 2013, and a 43.8% increase in sales compared to January 2014
  • Overall NEW listings for all property types are down 2.8% from February 2013
  • Overall TOTAL listing inventory for all propety types is down 9.3% from February 2013 
  • Currently Greater Vancouver is in the higher end of a balanced market

 

The report also includes "current to five year trends" with Benchmark prices for:

  • Residential Areas in Greater Vancouver
  • Property types: Single family, townhomes, apartments
  • Sales and listing facts
  • Listing and sales summaries

As always, I'm here to answer any questions you may have on the current market conditions and how you may capitalize on them to your advantage. 

 

Regards, Dodi 604.644.3634

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Email:

604–644–3634
dodi.t@shaw.ca

RE/MAX Dodi Thorhaug Realty
#101-2609 Westview Drive North Vancouver, BC V7N 4M2 Canada

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