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Demand continued to rise across Vancouver's housing market in March.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver (Vancouver) reached 4,060 on the Multiple Listing Service® (MLS®) in March 2015. This represents a 53.7 per cent increase compared to the 2,641 sales recorded in March 2014, and a 32.6 per cent increase compared to the 3,061 sales in February 2015.

Last month’s sales in Vancouver were 26.8% above the 10-year sales average for the month.

Strong competition amongst home buyers in Greater Vancouver these days. This is leading to more multiple offer situations and some upward pressure on home prices. For sellers, this means that it's taking less time, on average, for your home to sell if you have it priced correctly for today's market.
    
New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,968 in March. This represents a 13 per cent increase compared to the 5,281 new listings reported in March 2014.
   
Last month’s new listings in Vancouver count was 4.7 per cent higher than the region’s 10-year new listing average for the month.
   
The total number of properties currently listed for sale on the REBGV MLS® is 12,376, a 14.5 per cent decline compared to March 2014 and a 4 per cent increase compared to February 2015.

The number of homes for sale in Vancouver today is below what’s typical for this time of year. If you’ve been considering putting your property on the market, these market conditions indicate that now may be a good time to list.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $660,700. This represents a 7.2% increase compared to March 2014.

The sales-to-active-listings ratio in March was 32.8 per cent. This is the highest that this ratio has been in Metro Vancouver since July 2007.

Sales of detached properties in March 2015 reached 1,711, an increase of 53.3 per cent from the 1,116 detached sales recorded in March 2014, and an 83.4 per cent increase from the 933 units sold in March 2013. The benchmark price for a detached property in Metro Vancouver increased 11.2 per cent from March 2014 to $1,052,800.

Sales of apartment properties reached 1,627 in March 2015, an increase of 47.1 per cent compared to the 1,106 sales in March 2014, and an increase of 65.7 per cent compared to the 982 sales in March 2013. The benchmark price of an apartment property increased 3.3 per cent from March 2014 to $390,200.

Attached property sales in March 2015 totalled 722, an increase of 72.3 per cent compared to the 419 sales in March 2014, and a 67.1 per cent increase from the 432 attached properties sold in March 2013. The benchmark price of an attached unit increased 4.9 per cent between March 2014 and 2015 to $484,900.

Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Tri City, New Westminster, Pitt Meadows, Maple Ridge, South Delta.

all information has been provided by the real estate board of Greater Vancouver.



Новости недвижимости Ванкувера, Май 2014. Vancouver Real Estate News


Активность продавцов и покупателей невероятно увеличилась

Департамент Недвижимости Ванкувера (REBGV) подытожило, что продажа жилой собственности в Большом Ванкувере достигла 3,050 едениц согласно только лишь собранным данным с общей Риэлторской базы MLS® в Апреле 2014. То есть рост продаж недвижимости Ванкувера увеличился на 16.1%, сравнивая 2,627 продаж зафиксированных в 2013 этого же месяца и 15.5 % роста в сравнении к продажам Марта в течении текущего года.

Показатель соотношений Проданая Недвижимость - Выставленное На Продажу Жилье зафиксирован сегодня на отметке 9.7 % в Ванкувере, что является самым высоким показателем с 2011 и говорит о высокой покупательской способности жителей Ванкувера.

Общее количество недвижимости выставленного на продажу в Ванкувере в систему MLS®  - 15,515, что на 7.3 % меньше по отношению к Апрелю прошлого года и  и на 7.2 % больше сравнивая Март 2014.

РАСТУЩИЕ ЦЕНЫ НА НЕДВИЖИМОСТЬ В ВАНКУВЕРЕ ПОКАЗЫВАЮТ СТАБИЛЬНЫЙ И УВЕРЕННЫЙ РОСТ ПО СРАВНЕНИЮ С ВЕСНОЙ 2013. 

Продажа частных домов в Апреле 2014 достгла 1,336 едениц, что является показателем роста на 25.6 % сравнивая продажу 1,064 домов зафиксированных в Апреле 2013 и на 18.7 % продаж домов больше продано по сравнению с 2012. Средняя цена дома Ванкувера увеличилась на 4.7 %  относительно прошлого года, достигнув цены $956,70

1,172 квартир было продано в Апреле 2014, это на 11.4% больше продаж сравнивая тот же  2013 когда было куплено 1,052 квартир, и нa 1.5 % меньше квартир сравнивая Апрель 2012. Средняя цена за квартиру выросла на 2.6 процента поднявшись до отметки $375,500.

ИТОГ НОВОСТЕЙ: Конечно рост активности зачастую зависит от сезонных колебаний. Но на сегодняшний день, низкие банковские процентные ставки, благоприятная экономическая ситуация и высокий прирост  новых эммигрантов является первоочередным стимулятором роста цен в нашем любимом Ванкувере. Цены, конечно, потихонечку растут, но недвижимость Ванкувера вполне доступна для нас всех. Надо только пожелать и совершить первый шаг - позвонить Вашему надежному и опытному Риэлтору.

Если Вам необходимо получить консультацию о покупке недвижимости в Ванкувере, звоните Олегу Царёву по тел. 1-604-719-4490 или пишите на oleg@sutton.com



West Vancouver News. One Pacific Preview Event.


top One Pacific Preview Event

150 Suites Under $350,000


  
The first project in the brand new False Creek Central neighbourhood, One Pacific is ideally located just one block from the waterfront, Coopers’ Park, Yaletown, the marina, sports and entertainment district and everything else Vancouver has to offer. Every home is exquisitely finished withmarble, engineered quartz and hardwood, integrated stainless Miele appliances, wood veneer, air conditioning and over-height ceilings. The amenities are extensive and are also elegantly finished. They include a pool with an overhanging glass feature, indoor and outdoor lounge areas, kitchen with tasting bar, roof top garden and barbecue area, 25,000 sq. ft. professional athletic club and fine dining restaurant. One Pacific is designed to offer residents a 5-star living experience.

Please call Oleg Tsaryov in West Vancouver if you would like to set up the tour.



Новости с рынка недвижимости Ричмонда - Ванкувер. Richmond Real Estate News


In Richmond, on Cook Road at Garden City and mere steps from the quiet serenity of Garden City Community Park and the urban conveniences of No. 3 Road.

Monet offers first class amenities. Outside is the private water garden with fire pit lounge and inside is the 5-star entertainment hall lavishly appointed with a gourmet kitchen, custom dining table for 10, grand piano and a motorized projection screen with karaoke equipment. Along with the putting green, mah-jong room, and state of the art fitness facility, there is no lack of things to do at Monet, only time in the day.

The friendly and professional concierge greets every guest at the double height Monet lobby, framed by a splendid water lily pond and finished with natural stone, wood and a stunning chandelier. These opulent finishings extend inside each Monet home where a combination of engineered hardwood and quartz, Miele appliances, wood veneer and marble become your finishing showcase and the view to the lush central courtyard your backdrop.

Sales are set to begin very soon. For more information on this exciting new project, please call our top Realtors Oleg Tsaryov or Natalya at 604-719-4490 to become a Monet VIP or visit the website at: monetliving.ca



West Vancouver Real Estate news. October 12, 2011


A positive close to this week on Friday, as a plan to deal with the European sovereign debt crisis started to come together. Other positive news is that the US retail sales figures for September beat the market expectations.

Canada’s factories were working steady in August, and U.S. consumers were buying last month, strong indicators that the North American recovery is alive and kicking.

Fresh data released Friday shows Canada’s manufacturers posted a surprisingly robust 1.4 per cent jump in sales, almost three times the expectations, while in the U.S. consumers bought enough autos, clothing and furniture in September to boost retail sales by 1.1 per cent.

The new numbers ended a week and a half of mostly positive news, including jobs, export and housing numbers in Canada and rebounding equity markets globally.

“It actually looks like the economy did rebound with some authority in the third quarter,” said BMO’s deputy chief economist Douglas Porter.

On the local level, “MLS® home sales edged up 3 per cent in September compared to August on a seasonally adjusted basis,” said Cameron Muir, BCREA Chief Economist. “Housing demand last month was bolstered by persistent low mortgage interest rates and a surge in employment."

The above is an excerpt from the Globe and Mail, BC Real Estate Association (BCREA) and the Mortgage Brokers Association of BC.



Vancouver real estate no bubble says economist. Real Estate in Vancouver.


B.C.'s real estate market may be slowing down, but there is no sign Vancouver's sky high prices are caught up in a bubble that is about to burst, according to a new report

The Central 1 Credit Union report forecasts the Vancouver's real estate market will slow this year and total sales will drop slightly from 2010, but prices will continue to rise an estimated 6.8 per cent in 2012.

According to the report's author economist Brian Yu, low interest rates that show no sign of rising quickly and the limited supply of land will keep values rising – all familiar arguments.

But Yu says there is another important reason to believe prices in Vancouver are unlikely to collapse. Market speculation —commonly known as flipping — currently accounts for only about two or three per cent of the market.

Yu says that is a normal level, which shows most people are living in the homes they buy.

"Our research shows few signs that speculators are overly active in the Vancouver market, which means we are unlikely to see a speculation-induced bust," he said.

"Even if the economy slows and employment slows, we expect to see individuals hold on to their homes, rather than sell them in a weaker market," he said.

Prices may be way up for detached homes in Richmond, Vancouver and Burnaby, but Yu insists there hasn't been a price surge across the region and concerns about a possible dramatic price drop in Vancouver are overblown.

"Price jumps that have received media attention have been in localized areas and we have not seen a region-wide price surge," he said.

Market balanced.

That's backed up the Canadian Real Estate Association's monthly report, also issued on Thursday, that found a record 70 per cent of all local markets across the country are considered to be in balance.

Vancouver and Toronto's share of provincial and national sales activity reached "unusually elevated" levels earlier this year, but has since pulled back into normal seasonal variations, the group said.

However, some observers said the market is eventually headed for a drop.

Fannie Fong of TD Economics said a peak-to-trough drop of roughly 10 per cent for both home sales and prices is expected, though that change isn't expected until the Bank of Canada begins hiking interest rates in earnest in early 2013.

BMO Capital Markets raised the spectre of a Vancouver price correction, but with a caveat: as long as immigrants with money continue coming to Vancouver, and interest rates stay low, prices in will stay high, said the BMO report.