Dodi Thorhaug : Re/Max Dodi Thorhaug Realty

As you may know, I've been a proud supporter of North Vancouver's Blockwatch program for many years.

In the latest issue of the Block Watch Society of BC's newsletter, there is once again an abundance of good information and sources to help keep everyone safe!  So of course, I have to share this with you! 

Topics that may help or be of interest:

1. Youth Crime Prevention

• CybersafeBC.ca, where youths age 10-16 can register, take a course, pass the exam and become CyberSafe Certified
• Resources to help educate and keep yourself safe online:  cybersafebc.ca/resources
• Information on Youth and Gangs
• Self-help website with a range of legal information for youth

2. Back to School speed limits

3. Online shopping and online auction safety tips
4. Halloween Safety Tips
5. If you experience a break-in...what to do
6. Street Scams to wach out for
7. Preventing bicycle theft

To read the full newsletter click here: Block Watch News

or visit their website at:

www.blockwatch.com

Be safe!

Regards, Dodi

In keeping with my commitment, to keep you informed on the latest real estate happenings in our markets, here are the August 214 sales reports for Metro Vancouver. Once again our North Shore micro markets prerformed welll. Read on for the full detail or feel free to call me with any questions.

604.644.3634

Regards Dodi

Wednesday, September 3, 2014

Real Estate Board of Greater Vancouver

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,771 on the Multiple Listing Service® (MLS®) in August 2014. This represents a 10.2 per cent increase compared to the 2,514 sales recorded in August 2013, and a 9.5 per cent decline compared to the 3,061 sales in July 2014.

“Activity this summer has been strong but not unusual for our region,” Ray Harris, REBGV president said. “The volume of home sales has been higher than we’ve seen in the last three years, yet below the record-breaking levels of the past decade.”

Last month’s sales were 4.3 per cent above the 10-year sales average for August of 2,658.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver* is currently $631,600. This represents a 5 per cent increase compared to August 2013.

“Broadly speaking, home prices in the region are continuing to experience modest, incremental gains,” Harris said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 3,940 in August. This represents a 5.9 per cent decline compared to the 4,186 new listings in August 2013 and a 20 per cent decline from the 4,925 new listings in July. Last month’s new listing total was 8.4 per cent below the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,768, a 7.9 per cent decline compared to August 2013 and a 5.4 per cent decrease compared to July 2014.

Sales of detached properties in August 2014 reached 1,158, an increase of 10.1 per cent from the 1,052 detached sales recorded in August 2013, and an 85.6 per cent increase from the 624 units sold in August 2012. The benchmark price for detached properties increased 6.6 per cent from August 2013 to $984,300.

Sales of apartment properties reached 1,126 in August 2014, an increase of 10.6 per cent compared to the 1,018 sales in August 2013, and a 55.3 per cent increase compared to the 725 sales in August 2012. The benchmark price of an apartment property increased 3.6 per cent from August 2013 to $379,200.

Attached property sales in August 2014 totalled 487, a 9.7 per cent increase compared to the 444 sales in August 2013, and a 62.3 per cent increase over the 300 attached properties sold in August 2012. The benchmark price of an attached unit increased 3.9 per cent between August 2013 and 2014 to $474,900.

Download August 2014 stats package

 * Areas covered by Real Estate Board of Greater Vancouver 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.