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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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Hello everyone!

Our Spring 2015 Newsletter is here! Click here to read more: Spring 2015 Market Insights

Inside you’ll find the latest statistics and recaps on sales, average prices, 5 year trends and more! If you have any questions on the current real estate market, or want to know how you can capitalize on the current market trends, don’t hesitate to call!

Best Regards,
Dodi and Rachael

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The April 2015 Metro Vancouver Housing #'s are here! Home buyer demand is outpacing supply across the Metro Vancouver housing market, and we are seeing seller's markets across the board for both detached and attached housing in our 8 cities. This demand is putting upward pressure on prices, especially in the detached home market. If you were considering a change in lifestyle and wanting to sell your home, now is a great time to do it!

 

Here are the hightlights

 

  • We saw a 37% increase in residential property sales in April 2015 compared to April 2014
  • April 2015's sales were 29.3% above the 10-year sales average for the month
  • The sales-to-active-listings ratio was 33.6% for Metro Vancouver, the highest ratio since June 2007
  • Sales of detached properties in April 2015 were 35.9% higher than April 2014 and 70.6% higher than April 2013
  • Sales of apartment properties in April 2015 were 34.7% higher than April 2014 and 50.1% higher than April 2013
  • Sales of attached properties in April 2015 were 44.8% higher than April 2014 and 53.6% higher than April 2013

 

Click here for your full report: REBGV Metro Vancouver April 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 the time to make a move!

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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Please visit our Open House at 260 RONDOVAL CRES in North Vancouver.
Open House on Tuesday, April 28, 2015 10:00 am - 12:00 pm
You are on top of the world from this fabulous Upper Delbrook Location. Panoramic views & incredible sunsets! Completely renovated to capture sunshine, city views & privacy. Located on a 18,544 sqft lot, with ocean in your front yard & mountains in your back yard. Combined dining & living room feature engineered hardwood flooring, gas fireplace & over sized windows! Approx. 2664 sqft. This 4 bedroom 2 level home delivers immediate Possession. Impressive split entry foyer. Designer kitchen and eating area with stainless steal appliances. Enjoy private sun decks & your own hot tub. Appreciate an over sized master bedroom with views of the city. Quality workmanship throughout the tiled bathrooms. The lower level is designed with large windows & offers 2 bedrooms, den, south facing family room & spacious laundry room, easy conversion to 2nd kitchen. 2 car attached garage, fully fenced back yard and plenty of storage. New roof, new windows, draintiles and hardy plank siding. Better than new! Act Now!
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Please visit our Open House at 203 175 2ND ST W in North Vancouver.
Open House on Saturday, April 25, 2015 2:00 pm - 4:00 pm
Sleek & contemporary, south facing 1 bedroom & den @ The Ventana! Designated as an adaptable suite providing wide doorways and an oversized 3 piece bathroom with glass shower. Inviting open plan kitchen features modern white cabinetry, stone counters, glass backsplash & ample space for a centre island. Enjoy newly installed wide plank engineered hardwood floors & fresh paint! Southern exposed covered balcony. An abundance of closet space, walk in storage room & mirrored closets await your lifestyle! The den offers flexibility of glass sliders. Organized insuite laundry! 1 parking, 1 locker & 1 bike storage included. No restrictions on rentals, pets allowed! Immediate Possession! Call now for your private showing!
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Please visit our Open House at 1057 OLD LILLOOET RD in North Vancouver.
Open House on Thursday, April 23, 2015 10:00 am - 12:00 pm
Enjoy sunsets from your west facing balcony. This quiet & private unit offers 1147 sq. ft. & is located at the north end of Lynmour West. Oversized windows & patio doors face west. Appreciate Your own outside covered entrance. A highly utilized floor plan with loads of storage & spacious room sizes. Cozy up to the corner wood burning fireplace. A combined dining room & living room offer laminate flooring. A step saver kitchen, in suite laundry & insuite storage area. Master bedroom will accommodate your king size bed & provides privacy of 1/2 bathroom. Don't forget to take a dip in the outdoor pool. New furnace in 2008. New roof in 2010. One parking stall assigned & you have the option of renting a second spot from Strata. Cable included in the monthly m. fee.This North Shore Lifestyle is steps away from biking, hiking, horse back riding, public transportation, shopping & much much more. Ideal location to Capilano College & Ironworkers Bridge. Act Now.
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604.644.3634
dodithorhaug@me.com  

Dodi Thorhaug Realty Inc.
Serving North Vancouver, West Vancouver and Coal Harbour

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