Dodi Thorhaug : Re/Max Dodi Thorhaug Realty

As a proud community sponsor, and a proud sponsor of the North Shore Sinfonia, I'd love you to join me and my fellow realtor Farima Roberts for a wonderful evening of music and dance:

East Meets West

Saturday, February 27, 2016 (7:30pm)

This concert promises to be one of our most innovative and distinctive collaborations. Representing the East is Vancouver’s Pars National Ballet and Hossein Behroozinia, the renowned player of the barbat and lauded by the L.A. Times for his “spectacular musicianship.” Representing the West is our Principal Horn player Duncan Shaw, who performs Vaughan Williams’ English Folk Songs and Canadian composer Keith Bissel’s Under the Apple Boughs, which was inspired by folk music, Dylan Thomas’ poems, and our vast Canadian landscapes.

Buy tickets here: Lions Gate Sinfonia

Can't wait to see you there!

Dodi

The Real Estate Board of Metro Vancouver reports in January 2016: "Home buyer demand was at near record heights and home seller supply was as low as we've seen in many years."

Here are some highlights: 

• Overal for Metro Vancouver January 2016's sales were 46% above the 10 year average for the month and ranks as the second highest January on record. . 
• Sales of North Vancouver Detached Properties were 2.9% higher Than January 2015 with 31% less inventory
• Sales of North Vancouver Attached Properties were 27.6% higher than January 2015 with 58% less inventory
• Sales of West Vancouver Detached Properties were 95% higher than January 2015 with 24% less inventory
• Sales of West Vancouver Attached Properties were 109% higher than January 2015 with 34% less inventory
• Sales of Downtown condo properties were 8% higher than January 2015

Seller's Markets in January 2016:

• The Sales-To-Active listings ratio for Metro Vancouver was 38 percent, with 3.8 out of every 10 properties sold, Indicating a strong seller's market.
• The Sales-To-Active listings ratio for North Vancouver Detached properties was 55%, with 5.5 out of every 10 homes sold
• The Sales-To-Active listings ratio for North Vancouver Attached properties was 61%, with 6.1 out of every 10 homes sold
• The Sales-To-Active listings ratio for West Vancouver Detached properties was 28%, with 2.8 out of every 10 homes sold
• The Sales-To-Active listings ratio for West Vancouver Attached properties was 29%, with 2.9 out of every 10 homes sold
• The Sales-To-Active listings ratio for Coal Harbour Condos was 26%, with 2.6 out of every 10 homes sold

Read your full report here: REBGV January 2016 Residential Stats Package.

With the present market condidtion, If you are planning on selling or buying the time to do so is now, and I'm here to help you.. Please give me a call 604.644.3634

Regards, Dodi

The Urban Land Institute and PWC have published a 106-page PDF entitled “Emerging Trends in Real Estate®” for the United States and Canada in 2016. This is an annual report that offers some great insights, so if you the time, its a good read.

Some of the topics covered:

• Emerging Trends
• Markets To Watch in 2016
• Property Type Outlook
• Expected Best Bets in 2016

Enjoy!

If you have any questions on the current Real Estate Market or on how you can captialize on the current trends, don't hesitate to give me a call. I'm always available to help you.

Regards

Dodi

604.644.3634

Despite listing inventory well below historical averages, the 2015 residential sales in Metro Vancouver were the highest annual total in REBGV history.

Here are some of the hightlights:

• We saw a 27.8% increase in residential property sales in 2015 compared to  2014, and a 48.4% increase compared to 2013
• MLS® Home Price Index (HPI) saw double-digit year-over-year price increases
• The sales-to-active listing ratio stayed above 25% for 11 months in Metro Vancouver -  a strong seller's market

North Vancouver outperformed the Metro Vancouver averages: 

• The sales-to-active listing ratio averaged 67% for North Vancouver Detached Properties - a fast paced seller's market, with an average of 9 days-on-market 
• The sales-to-active listing rato averaged 45% for North Vancouver Attached Properties - a very strong seller's market, with an average of 19 days-on-market

In our markets comparing December 2015 to December 2014:

• We saw 21.9% more sales of detached properties in North Vancouver with 50% less inventory
• We saw 58% more sales of attached properties in North Vancouver with 40% less inventory
• We saw 34% more sales of detached properties in West Vancouver with 10.7% less inventory

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

 With no slow down expected in the marke during 2016, now is the time to sell. if you are considering a change in lifestyle, or you'd like more information on your specific micro market. I'd love to talk to you! Please call 604.644.3634

Dodi

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