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Early spring fever hits Fraser Valley real estate market

SURREY, BC – In February, sales of all property types in the Fraser Valley increased by 21 per cent in one year with demand for two property types in particular - single family detached homes and townhomes - outpacing supply.

 

Last month, the Fraser Valley Real Estate Board processed 1,337 sales on the Multiple Listing Service® compared to 1,102 sales in February of last year. New listings in February totaled 2,610 which added up to 7,864 active listings, up from January’s 7,307 but a decrease of 4 per cent compared to February 2014’s 8,210 active listings.

 

“It was our busiest February since 2007,” says newly elected Board President Jorda Maisey. “In my community of Langley, the average number of days to sell a detached home is now less than one month and it’s a challenge finding...

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Home buyer and seller activity outpaces historical averages in February!

Conditions within the Metro Vancouver* housing market continued to strengthen in February as home sale and listing totals came in well above the region’s ten-year average for the month. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in February 2015. This represents a 21 per cent increase compared to the 2,530 sales recorded in February 2014, and a 60 per cent increase compared to the 1,913 sales in January 2015.

Last month’s sales were 20.2 per cent above the 10-year sales average for the month.

“It’s an active and competitive marketplace today. Buyers are motivated and homes that are priced competitively are selling at a brisk pace right now,” Ray Harris,...

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I have listed a new property at 210 20680 56TH AVE in Langley.
Cassola Court! A sought after rainscreened building. Very spacious with 1285 sq ft and 2 separate bedrooms each with their own ensuite bathrooms. Features 9 ft ceilings, gas fireplace and private patio overlooking the beautiful courtyard.This end unit has windows on 3 sides which allows for plenty of natural light. Comes with TWO side-by-side underground parking stalls and one storage locker. You won't find dark hallways here, this unique building features a breezeway entrance along the garden courtyard to your front door. Amenities include a gym, sauna and workshop. Dogs or cats are allowed. Walking distance to grocery shopping, banks, transit and shops. Age restriction 19+.
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I have sold a property at D401 8929 202ND ST in Langley.
'The Grove' is a gated community in Walnut Grove. This top floor / PENTHOUSE with 2 bedroom, 2 bathrooms has 1 parking stall & 2 STORAGE lockers! Features 903 sqft, den/office/study area, covered patio & cozy fireplace. Kitchen has a breakfast bar, granite countertops & stainless appliances. Modern features: engineered laminate floors, high efficiency windows, high density carpeting in bdrms. Located in the sought after 'D Building' with very few neighbors. Quick walk to Starbucks, Tim Hortons, Grocery, Theater, Carvolth Park & Ride, restaurants & so much more! Conveniently located close to HWY 1 & Golden Ears Bridge. Don't miss out on your chance of living in a great community that allows rentals and pets.
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I have sold a property at 324 BOYNE ST in New Westminster.
Queensborough home with character on a large 50' x 130.2' level lot with a double garage or workshop. A mechanics dream with a hoist, air compressor and extra power.This yard also has a private yard with pear, fig and a crooked willow tree.Great investment to live in, rent out, renovate or hold for development. Many new homes are being built in and around this up and coming neighbourhood. Close to shopping, an elementary school, parks, and transit. Older house but great value at this price!!
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I have sold a property at 30 5889 152ND ST in Surrey.
'Sullivan Gardens' Duplex style end unit executive townhome at the back of the complex. Double side by side garage, separate office or rec room downstairs with its own entrance and full bathroom with a shower/tub. Upstairs on the main levelyou will find a large living room with exposed wood beams and 9 ft ceilings, gas fireplace, dining room & spacious kitchen to entertain your guests. There are 3 generously sized bedrooms upstairs. The master bedroom has a serene view of sunsets over rooftops, an ensuite bathroom and double closets. The private south facing, fenced backyard is far away from 152nd St. Pets allowed. Centrally located.
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I have listed a new property at 103 15991 THRIFT AVE in White Rock.
Awesome best describes this modern 2 bed, 2 bath condo in White Rock! Fully renovated kitchen, stainless appliances, bamboo floors, updated bathrooms and fresh paint. So much storage with huge in-suite laundry room with built-in cabinets. Massive private garden patio too. At almost 300 SF there's room for a BBQ, patio set and gardening with your own gate for walks to the beach, shops, schools and farmers market. Ideal location with easy access to the undercover secure parking. The storage locker and workshop are also right across the hall. Incredibly well run building with newly updated lobby, hallways, guest suite and party room. Easy access to Hwy 99, all ages welcome and wheelchair friendly. Bring your pets, 2 allowed any size!
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Please visit our Open House at 103 15991 THRIFT AVE in White Rock.
Open House on Sunday, March 1, 2015 2:00 pm - 4:00 pm
Awesome best describes this modern 2 bed, 2 bath condo in White Rock! Fully renovated kitchen, stainless appliances, bamboo floors, updated bathrooms and fresh paint. So much storage with huge in-suite laundry room with built-in cabinets. Massive private garden patio too. At almost 300 SF there's room for a BBQ, patio set and gardening with your own gate for walks to the beach, shops, schools and farmers market. Ideal location with easy access to the undercover secure parking. The storage locker and workshop are also right across the hall. Incredibly well run building with newly updated lobby, hallways, guest suite and party room. Easy access to Hwy 99, all ages welcome and wheelchair friendly. Bring your pets, 2 allowed any size!
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I have sold a property at 2003 4132 HALIFAX ST in Burnaby.
"MARQUIS GRANDE!" This sought after building has some of the best amenities in the city; an outdoor POOL, hot tub, fully equipped exercise center, sauna, 2 guest suites and a party room/lounge with a pool table. This 2 bedroom, 2 bathroom corner suite faces northeast with a mountain view. It is in excellent condition. There are GRANITE counter-tops in both bathrooms and the kitchen, hardwood flooring in the living room and carpets in the bedrooms. Also features an extra large covered patio, electric fireplace, 9 ft ceilings, 1 parking stall, 1 storage locker and stainless steel appliances. Pets and rentals allowed. Only 2 blocks away from the Amazing Brentwood Mall, Restaurants and Skytrain Station. OPEN HOUSE SAT 2-4pm.
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I have sold a property at 32811 BEVAN AVE in Abbotsford.
Rare Rancher with full basement in a super central location - easy freeway access and minutes to Mill Lake, all levels of schools, shopping and the hospital. At 2728 sf with 5 bedrooms, this home has many options. The main level features alarge living room with wood burning fireplace, dining room and kitchen with additional eating area. 3 bedrooms and 2 bathrooms (1 ensuite) complete upstairs. Downstairs features a large 1 or 2 bedroom unauthorized suite with separate entry and parking. Need a 4th bedroom, man cave, large office or an extra rec room for your kids? This floorplan allows this large 2nd bedroom to easily be used by the main house. Fenced corner lot with a big single garage and lots of driveway and street parking.
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I have listed a new property at 1591 132B ST in Surrey.
Ocean Park 2 level, 4 bedroom home with 2221 sqft, 3 bedrooms with a living, dining room & kitchen are on the main level and 1 bedroom with a living room and kitchen is below. Features the following updates which were done in 2009 and 2010- new kitchen cabinets, new flooring (laminate, tile & carpet), paint, repiped throughout, new roof and gutters. The large deck off dinrm & kitchen overlooks the west facing, fully fenced backyard. Lot size is 7265 sqft. Other features include: 2 gas f/p, stainless steel kitchen appliances, 2 sets of washers & dryers. Walking distance to Ocean Park Village, Banks, Restaurants, Safeway & 1001 Steps. Move in condition.
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Please visit our Open House at 1591 132B ST in Surrey.
Open House on Saturday, February 21, 2015 2:00 pm - 4:00 pm
Ocean Park 2 level, 4 bedroom home with 2221 sqft, 3 bedrooms with a living, dining room & kitchen are on the main level and 1 bedroom with a living room and kitchen is below. Features the following updates which were done in 2009 and 2010- new kitchen cabinets, new flooring (laminate, tile & carpet), paint, repiped throughout, new roof and gutters. The large deck off dinrm & kitchen overlooks the west facing, fully fenced backyard. Lot size is 7265 sqft. Other features include: 2 gas f/p, stainless steel kitchen appliances, 2 sets of washers & dryers. Walking distance to Ocean Park Village, Banks, Restaurants, Safeway & 1001 Steps. Move in condition.
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I have listed a new property at 221 51075 FALLS CRT CRT in Chilliwack.
Stunning mountain & valley view lot overlooking the 12th green & 13th tee box! Chosen for its prime location on the ideal side of the street within gated Emerald Ridge at the Falls Golf Course. This large lot is perfectly suited to an executive style rancher with a walk-out basement & room for a triple car garage. Emerald Ridge is an exclusive & family friendly gated neighbourhood located 10 minutes from downtown Chilliwack. Quiet, private & the views are priceless.
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SURREY, BC – Fraser’s Valley’s real estate market returned to normal activity levels in 2014 with sales of single family detached homes leading the way.

 

Ray Werger, President of the Board, says,  “It was a busy year for both buyers and sellers. In 2014, both sales and new listings were stronger in Fraser Valley compared to 2013 – most notably for detached homes and townhomes – with the result that we’ve returned to normal market activity for our region on par with our 10 year average.”

 

The Board’s Multiple Listing Service® (MLS®) processed 15,840 sales in 2014, compared to 13,663 the previous year, an increase of 16 per cent. It also received 4 per cent more new listings during the same time period – 30,642 in 2014 compared to 29,338 in 2013. Over the year, the number of active listings for buyers to choose...

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Home buyers remain active despite reduced selection

The first month of 2015 saw home sale activity above historical norms, while the number of homes listed for sale trended below typical levels.

     

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,913 on the Multiple Listing Service® (MLS®) in January 2015. This represents an 8.7 per cent increase compared to the 1,760 sales recorded in January 2014, and a 9.6 per cent decline compared to the 2,116 sales in December 2014.

 

Last month’s sales were 14.9 per cent above the 10-year sales average for the month. “While demand remains steady, we’re seeing fewer homes for sale at the moment,” Ray Harris, REBGV president, said. "This is creating greater competition amongst buyers, particularly...

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Home sale and listing activity reach historical norms in 2014

It was a typical year for the Metro Vancouver housing market in certain respects.The region’s home sale and listing totals for 2014 both rank fifth when compared against the past 10 years of activity, while home prices increased.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2014 reached 33,116, a 16.1 per cent increase from the 28,524 sales recorded in 2013, and a 32.3 per cent increase over the 25,032 residential sales in 2012.

 

The number of residential properties listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver increased 2.4 per cent in 2014 to 56,066 compared to the 54,742 properties listed in 2013. Looking back further, last year’s total represents a four per cent decline compared to...

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Steady home sales in December cap solid year for Fraser Valley real estate

SURREY, BC – Fraser’s Valley’s real estate market returned to normal activity levels in 2014 with sales of single family detached homes leading the way.

 

Ray Werger, President of the Board, says, “It was a busy year for both buyers and sellers. In 2014, both sales and new listings were stronger in Fraser Valley compared to 2013 – most notably for detached homes and townhomes – with the result that we’ve returned to normal market activity for our region on par with our 10-year average.”

 

The Board’s Multiple Listing Service® (MLS®) processed 15,840 sales in 2014, compared to 13,663 the previous year, an increase of 16 per cent. It also received 4 per cent more new listings during the same time period – 30,642 in 2014 compared to 29,338 in...

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2014 trend towards increased sales and steady pricing continues into November

 

SURREY, BC – The Fraser Valley Real Estate Board processed 1,136 sales on its Multiple Listing Service (MLS®) in November, an increase of 15 per cent compared to the 986 sales during the same month last year and 22 per cent lower than the 1,448 sales processed in October.

 

New listings in the Fraser Valley decreased by 2 per cent in November, going from 1,774 last year to 1,748 last month taking the number of active listings to 8,302, a decrease of 4 per cent compared to the 8,641 active listings in November of 2013.

 

“This is the time of year when families are settling in for winter and the holidays, so we expect to see a decrease in activity,” explains the Board’s president, REALTOR® Ray Werger. “After a busy fall with volumes reaching 5‐year highs, we’re...

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Metro Vancouver home sales remain strong

 

VANCOUVER, B.C. – December 2, 2014 – Home buyers in Metro Vancouver remained active in November, a month that is traditionally a quieter time of year for real estate.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 2,516 on the Multiple Listing Service® (MLS®) in November 2014. This represents an 8.4 per cent increase compared to the 2,321 sales in November 2013, and a 17.7 per cent decline compared to the 3,057 sales in October 2014.

 

Last month’s sales were 6.9 per cent above the 10-year sales average for November. “It’s been a more active fall than we typically see in the Metro Vancouver housing market,” Ray Harris, REBGV president said. “Home prices across the region have experienced steady gains in 2014 of...

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I have listed a new property at 32811 BEVAN AVE in Abbotsford.
Rare Rancher with full basement in a super central location - easy freeway access and minutes to Mill Lake, all levels of schools, shopping and the hospital. At 2728 sf with 5 bedrooms, this home has many options. The main level features alarge living room with wood burning fireplace, dining room and kitchen with additional eating area. 3 bedrooms and 2 bathrooms (1 ensuite) complete upstairs. Downstairs features a large 1 or 2 bedroom unauthorized suite with separate entry and parking. Need a 4th bedroom, man cave, large office or an extra rec room for your kids? This floorplan allows this large 2nd bedroom to easily be used by the main house. Fenced corner lot with a big single garage and lots of driveway and street parking.
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