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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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The June 2015 Metro Vancouver Housing #'s are here, and what a month! Last month was the highest selling June and the second highest overall monthly total on record for the REBGV.  Combine pent-up buyer demand post 2008 with low interest rates, and even lower active listing inventory, and we see the extremely fast paced and competitive market we have today.

 

Here are the hightlights

 

  • We saw a 28.4% increase in residential property sales in June 2015 compared to June 2014
  • June 2015's sales were 29.1% above the 10-year sales average for the month
  • June is the 4th straight month with over 4,000 sales in Metro Vancouver, the first time in REBGV history
  • The June sales-to-active-listings ratio was 35.9% for all Metro Vancouver, the highest ratio since June 2006
  • The June sales-to-active listings ratio for North Vancouver detached properties was 66.96%
  • The June sales-to-active listings ratio for North Vancouver condos & townhouses was 45.97%
  • The June sales-to-active listings ratio for West Vancouver detached properties was 21.64%
  • The June sales-to-active listings ratio for Coal Harbour condos was 36.17%
  • Sales of detached properties in June 2015 were 31.3% higher than June 2014 and 74.2% higher than June 2013
  • Sales of apartment properties in June 2015 were 35.6% higher than June 2014 and 66.1% higher than June 2013
  • Sales of attached properties in June 2015 were 7.1% higher than June 2014 and 44.3% higher than June 2013

 

Click here for your full report: REBGV Metro Vancouver June 2015 Residential Sales

 

If you have any question on how to captialize on the current trends in your micro market, don't hesitate to give us a call! 604.644.3634

 

With todays market conditions, now is a great time to make a move! If you are planning on changing your lifestyle this year, we want to help you maket the right move! Let's talk 604.644.3634

 

Dodi and Rachael

 

*Areas covered in the Real Estate Board of Greater Vancouver's report include: Whistler, Sunshine Coas, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta

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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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