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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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In The Real Estate Board of Greater Vancouver's latest report, President Ray Harris, said, "This is traditionally a time of year with low inventory, so it's a good time to list your home for sale if you want to face less competition in the market place."  

 

We agree! Buyer demand is strong, and with inventory levels pacing well below last year, quality product will sell extremely fast.

 

Here are some of the November 2014 Real Estate Sales highlights:

  • We saw an 8.4% increase in overall residential property sales compared to November 2013, with detached single family homes performing 9.3% higher than November 2013 and 60..9% higher than November 2012
  • Sales were 6.9% above the 10-year-sales-average for November
  • 5.7% increase in the MLS ® Home Price Index composite benchmark price for all residential properties in Metro Vancouver, while detached single family homes grew by 7.9%
  • Home prices across the region have experienced steady gains in 2014, 3%-7% depending on property type

 

Read your full report here:

November 2014 Complete REBGV Stats Package

 

If you have any questions on how to capitalize on the Winter real estate trends, don't hesitate to call! 604.644.3634

 

Warmest wishes for the holiday season.

Dodi

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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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