Dodi Thorhaug : Re/Max Dodi Thorhaug Realty

The Real Estate Board of Metro Vancouver reports: In February, home buyers in North Vancouver remain active in all categories, however, home buyers across other Metro Vancouver cities are showing caution around property prices, new mortgage rules, rising interest rates and new tax rules. This buyer caution is mainly target at detchaed properties, while the supply of apartment and townhome properties is still unable to meet demand. Spring is traditionally the busiest time of year for home buyers and sellers inour market. We'll wait to see how they react to the taxes and other policy measures that our provincial and federal governments have introduced so far this year."

The key to success in any market is to be well prepared. My top priority is to help you navigate these changes in all types of market conditions. If you are planning a change in lifestyle, let's work together to make it happen. I look forward to working for you. Regards, Dodi 604.644.3634

The MLS® HPI Benchmark Price of residential properties in February 2018 vs February 2017 were:

• Metro Vancouver: +8.2% for a single family home, +27.2% for a condo, and +18.2% for a townhome
• North Vancouver: +6.7% for a single family home, +24.3% for a condo, and +14.3% for a townhome
• West Vancouver: +5.9% for a single family home and +26.2% for a condo
• Coal Harbour +17.1% for a condo

• Metro Vancouver's Detached properties is a buyer's market at 12.4% with 628 sales out of 5,061 listings
• Metro Vancouver's Condo properties is a seller's market at 58.4% with 1,188 sales out of 2,034 listings
• Metro Vancouver's Townhome properties is a seller's market at 40.7% with 342 sales out of 841 listings
• North Vancouver Detached properties is a balanced market at 17.9% with 58 sales out of 324 listings
• North Vancouver Condo properties is a seller's market at 62.4% with 88 sales out of 141 listings
• North Vancouver Townhome properties is a seller's market at 39.1% with 18 sales out of 46 listings
• West Vancouver Detached properties is a buyer's market at 5.9% with 24 sales out of 494 listings
• West Vancouver Condo properties is a balanced market at 19.4% with 12 sales out of 62 listings
• Coal Harbour Condos are in a balanced market at 19.6% with 11 sales out of 56 listings

Read your full February reports here: North Vancouver, West Vancouver, Vancouver West

If you are interested in a report for another market don't hesitate to contact me: 604.644.3634 or dodi.t@shaw.ca

*Areas covered in Metro Vancouver include: Downtown Vancouver, Vancouver West, Vancouver East, North Vancouver, West Vancouver, Richmond, Burnaby, Coquitlam, Tsawwassen, Ladner

 The accuracy and completeness of the information is not guaranteed. Data was current on March 2, 2018 from the Real Estate Board of Greater Vancouver 

The Real Estate Board of Metro Vancouver reports:

“After reaching record levels in 2015 and 2016, Metro Vancouver’s home sales moved toward more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity - especially in the condo and townhome categories. Metro Vancouver’s home sales were the third highest we’ve seen in the past ten years while the home listing total was the second lowest on record for the same period. 2017’s sales were 9.7% above the 10-year average, and home listings were 4.4% below the 10-year average."

With over 2,300 real estate transactions and over 28 years of helping generations of people realize a great life on the North Shore and in Coal Harbour, my business is you! Ensuring you make informed decisions for all your real estate needs is 2018 is my mission. I sincerely look forward to working for you. Regards, Dodi 604.644.3634

The MLS® HPI Benchmark Price of residential properties in December 2017 vs December 2016 were:

• Metro Vancouver: +7.9% for a single family home, +25.9% for a condo, and +18.5% for a townhome
• North Vancouver: +5.2% for a single family home, +22.2% for a condo, and +16.1% for a townhome
• West Vancouver: +4% for a single family home and +19.5% for a condo
• Coal Harbour +24.3% for a condo

• Metro Vancouver's Detached properties is a balanced market at 15.6% with 630 sales out of 4,050 listings
• Metro Vancouver's Condo properties is a seller's market at 61.3% with 1,034 sales out of 1,687 listings
• Metro Vancouver's Townhome properties is a seller's market at 44.5% with 318 sales out of 714 listings
• North Vancouver Detached properties is a seller's market at 32.7% with 70 sales out of 214 listings
• North Vancouver Condo properties is a seller's market at 70.3% with 78 sales out of 111 listings
• North Vancouver Townhome properties is a seller's market at 33.3% with 16 sales out of 48 listings
• West Vancouver Detached properties is a buyer's market at 7.7% with 30 sales out of 388 listings
• West Vancouver Condo properties is a seller's market at 18.9% with 10 sales out of 53 listings
• Coal Harbour Condos are in a seller's market at 29% with 1034 sales out of 53 listings

Read your full October reports here: North Vancouver, West Vancouver, Vancouver West

If you are interested in a report for another market don't hesitate to contact me: 604.644.3634 or dodi.t@shaw.ca

*Areas covered in Metro Vancouver include: Downtown Vancouver, Vancouver West, Vancouver East, North Vancouver, West Vancouver, Richmond, Tsawwassen, Ladner

 The accuracy and completeness of the information is not guaranteed. Data was current on January 3, 2017 from the Real Estate Board of Greater Vancouver 

The Real Estate Board of Metro Vancouver reports:

Vancouver continues to experience above-average demand and below-average supply in our residential real estate markets. In November, Metro Vancouver* saw modest home listing changes and steady buyer demand. Last month, sales were 17% above the 10-year November average, and in-fact, home buyer activity has been operating above long-term averages throughout 2017, particulary in the condo and townhome markets. And, while we have seen an improvement in active listing levels in 2017, we have a longway to go before they rise back to more historically typical levels. 

The key to success in any market is to be well prepared, and getting you ready for all market conditions is my top priority. If you are planning a change in lifestyle, let's work together to make it happen. I look forward to working for you. Regards, Dodi 604.644.3634

The MLS® HPI Benchmark Price of residential properties in November 2017 vs November 2016 were:

• Metro Vancouver: +6.1% for a single family home, +23.9% for a condo, and +17.9% for a townhome
• North Vancouver: +3.7% for a single family home, +23.5% for a condo, and +12.1% for a townhome
• West Vancouver: +2.9% for a single family home and +17.4% for a condo
• Coal Harbour +18.2% for a condo

• Metro Vancouver's Detached properties is a balanced market at 15.3% with 852 sales out of 5,585 listings
• Metro Vancouver's Condo properties is a seller's market at 67.4% with 1,514 sales out of 2,247 listings
• Metro Vancouver's Townhome properties is a seller's market at 40.7% with 388 sales out of 953 listings
• North Vancouver Detached properties is a seller's market at 21.3% with 76 sales out of 357 listings
• North Vancouver Condo properties is a seller's market at 81% with 136 sales out of 168 listings
• North Vancouver Townhome properties is a seller's market at 57.1% with 32 sales out of 56 listings
• West Vancouver Detached properties is a buyer's market at 6.8% with 37 sales out of 541 listings
• West Vancouver Condo properties is a seller's market at 20.3% with 13 sales out of 64 listings
• Coal Harbour Condos are in a seller's market at 34% with 18 sales out of 53 listings

Read your full November reports here: North Vancouver, West Vancouver, Vancouver West

If you are interested in a report for another market don't hesitate to contact me: 604.644.3634 or dodi.t@shaw.ca

*Areas covered in Metro Vancouver include: Downtown Vancouver, Vancouver West, Vancouver East, North Vancouver, West Vancouver, Richmond, Tsawwassen, Ladner

 The accuracy and completeness of the information is not guaranteed. Data was current on December 4, 2017 from the Real Estate Board of Greater Vancouver 

The Real Estate Board of Metro Vancouver reports:

"Metro Vancouver* home sales exceeded historical levels in October with the majority concentrated in the townhouse and apartment markets; last month's sales were 15% above the 10-year averages for October. Market conditions vary significantly based on property type. The detached market is well supplied with homes for sale, which is relieving pressure on prices. It remains a much different story in the townhouse and apartment markets, buyers here continue to face a limited supply and are seeing upward pressure on prices." 

The Federal government's announcement of plans to tighten mortgage requirments for the seventh time in the last eight years also helped spur buyer activity in the short term. Many buyers are trying to enter the market before the changes are in place.

The key to success in any market is to be well prepared, and getting you ready for all market conditions is my top priority. If you are planning a change in lifestyle, let's work together to make it happen. I look forward to working for you. Regards, Dodi 604.644.3634

The MLS® HPI Benchmark Price of residential properties in October 2017 vs October 2016 were:

• Metro Vancouver: +4% for a single family home, +22.7% for a condo, and +17.7% for a townhome
• North Vancouver: +2.1% for a single family home, +21.5% for a condo, and +15% for a townhome
• West Vancouver: -5.4% for a single family home and +18.5% for a condo
• Coal Harbour +11% for a condo

• Metro Vancouver's Detached properties is a balanced market at 16.4% with 955 sales out of 5,830 listings
• Metro Vancouver's Condo properties is a seller's market at 65.3% with 1,538 sales out of 2,355 listings
• Metro Vancouver's Townhome properties is a seller's market at 52.9% with 495 sales out of 936 listings
• North Vancouver Detached properties is a seller's market at 22.1% with 81 sales out of 367 listings
• North Vancouver Condo properties is a seller's market at 74.9% with 125 sales out of 167 listings
• North Vancouver Townhome properties is a seller's market at 71.2% with 37 sales out of 52 listings
• West Vancouver Detached properties is a buyer's market at 5.3% with 29 sales out of 552 listings
• West Vancouver Condo properties is a buyer's market at 13.6% with 8 sales out of 59 listings
• Coal Harbour Condos are in a seller's market at 48% with 26 sales out of 54 listings

Read your full October reports here: North Vancouver, West Vancouver, Vancouver West

If you are interested in a report for another market don't hesitate to contact me: 604.644.3634 or dodi.t@shaw.ca

*Areas covered in Metro Vancouver include: Downtown Vancouver, Vancouver West, Vancouver East, North Vancouver, West Vancouver, Richmond, Tsawwassen, Ladner

 The accuracy and completeness of the information is not guaranteed. Data was current on November 2, 2017 from the Real Estate Board of Greater Vancouver