I just finished uploading this Condo for sale, 308 10011 RIVER DRIVE, Richmond, BC

Brand new unit at Barcelona, a part of the Parc Riviera waterfront master-planned community. Open-Plan design with 9 ft ceiling, engineered hardwood flooring, chef inspired kitchen with gas cooktop, built in oven, quartz countertops, microwave oven, geo-thermo heating and air conditioning, roller blinds and more. Over 4,000 ft of waterfront dyke trail and 5 acres of park space for you to enjoy. Move in ready. Quick possession welcome! No GST! Pet friendly building. Open house: Wed Mar 16th 5:00 - 6:30pm and Sat Mar 19th 2 - 4pm

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Residential property sales in the region totalled 4,172 in February 2016, an increase of 36.3 per cent from the 3,061 sales recorded in February 2015 and an increase of 65.6 per cent compared to January 2016 when 2,519 homes sold.Last month’s sales were 56.3 per cent above the 10-year sales average for the month and rank as the highest February sales total on record. “We're in a competitive, fast-moving market cycle that favours home sellers,” Darcy McLeod, REBGV president said. “Sustained home buyer competition is keeping upward pressure on home prices across the region.” New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,812 in February 2016. This represents an increase of 7.1 per cent compared to the 5,425 units listed in February 2015 and a 30.8 per cent increase compared to January 2016 when 4,442 properties were listed.  “We're beginning to see home listings increase as we head toward the spring market, however, additional supply is still needed to meet today's demand,” McLeod said.  The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 7,299, a 38.7 per cent decline compared to February 2015 (11,898) and a 10 per cent increase compared to January 2016 (6,635). The sales-to-active listings ratio for February 2016 is 57.2 per cent. This is indicative of a seller’s market.  Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period of time.  The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $795,500. This represents a 22.2 per cent increase compared to February 2015.  Sales of detached properties in February 2016 reached 1,778, an increase of 37.2 per cent from the 1,296 detached sales recorded in February 2015. The benchmark price for detached properties increased 27 per cent from February 2015 to $1,305,600.  Sales of apartment properties reached 1,790 in February 2016, an increase of 43.9 per cent compared to the 1,244 sales in February 2015.The benchmark price of an apartment property increased 17.7 per cent from February 2015 to $454,600.  Attached property sales in February 2016 totalled 604, an increase of 15.9 per cent compared to the 521 sales in February 2015. The benchmark price of an attached unit increased 17 per cent from February 2015 to $569,600.


- See more at: http://www.rebgv.org/news-statistics/metro-vancouver-home-buyers-set-record-pace-february#sthash.a1O4dRKP.dpuf
http://www.rebgv.org/news-statistics/metro-vancouver-home-buyers-set-record-pace-february
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I just finished uploading this Condo for sale, 1904 555 DELESTRE AVENUE, Coquitlam, BC

CORA towers built by Intergulf. Large 2 bedroom plus den home with 2 FULL bathrooms. Enjoy 1,010 sq ft of living space. Chef inspired kitchen features granite countertops, breakfast island, and stainless-steel appliances. BONUS: THREE car parking and 1 storage. Floor to ceiling windows throughout to capture the amazing city and mountain views. Over-sized covered balcony for your outdoor living. Super convenient location, with Loughheed mall, Skytrain, shopping, restaurants & grocery stores just a short stroll away. Very easy access to all major routes and the rest of the lower mainland. Call now for your private viewing.

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I just finished uploading this Condo for sale, 505 1438 7TH AVENUE, Vancouver West, BC

Enjoy sweeping downtown and mountain VIEWS from this over-sized one bedroom + den (can be 2nd bedroom). This ultra spacious END UNIT features 1.5 baths (so nice to have a powder room), 2 large covered balconies, Quiet north, south and west exposure, generous sized rooms can easily accommodate house-sized furniture. HOT WATER baseboard heating is included in maint. fee. Fresh paint, new lighting fixtures & kitchen appliances. Convenient South Granville location. Steps to transit, Starbucks, art galleries & numerous shops and services. Short stroll to Granville Island, False Creek & West 4th Ave shopping mecca. This home is not to be missed! Pets and rental friendly. Open House: Sat - Feb 27th, 2 - 4 pm.

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I just finished uploading this Condo for sale, 112 7330 SALISBURY AVENUE, Burnaby South, BC

Perfect LAYOUT !! Botanica by Ledingham McAllister, 1 blk to Highgate Mall. 3 blks to skytrain tons of great restaurants. Feels like living in a home with south east facing yard with grass, privacy & white picket fence., Fully loaded! Granite countertops, wood kitchen cabinets, h/w floors, imported ceramic flr tile. 2 bedrooms on opposite sides + den. Master BR has walk in closet & 4 pce ensuite with large soaker tub. 2 bathrooms. Full size laundry. Parking & storage locker included. Thoughtful layout. Electric fireplace. Rainscreened since new. Best location in complex.Offers if any Monday Dec 21 Open Sunday Dec 20 2:30 - 4:30

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Home buyer competition keeps home sellers in the driver’s seat

Home buyer activity remains at near record levels across the Metro Vancouver housing market.

Residential property sales in Greater Vancouver totalled 2,519 in January 2016, an increase of 31.7 per cent from the 1,913 sales recorded in January 2015 and a 10.9 per cent decline compared to December 2015 when 2,827 home sales occurred.
Last month’s sales were 46 per cent above the 10-year sales average for the month and rank as the second highest January on record.

“Fundamental economics are driving today’s market. Home buyer demand is at near record heights and home seller supply is as low as we’ve seen in many years,” Darcy McLeod, REBGV president said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,442 in January 2016. This represents a 6.2 per cent decline compared to the 4,737 units listed in January 2015 and a 119.8 per cent increase compared to December 2015 when 2,021 properties were listed.

“The MLS® is the most powerful real estate marketing system in the country. If you’re thinking of selling, it’s important to talk with your REALTOR® about putting your home on the MLS® system to ensure your property gets maximum exposure,” McLeod said.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 6,635, a 38.6 per cent decline compared to January 2015 (10,811) and a 10.1 per cent increase compared to December 2015 (6,024).

The sales-to-active listings ratio for January 2016 is 38 per cent. This is indicative of a seller’s market.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period of time.

Sales of detached properties in January 2016 reached 1,047, an increase of 34.1 per cent from the 781 detached sales recorded in January 2015. The benchmark price for detached properties increased 25.9 per cent from January 2015 to $1,273,100.

Sales of apartment properties reached 1,096 in January 2016, an increase of 35.5 per cent compared to the 809 sales in January 2015.The benchmark price of an apartment property increased 15.9 per cent from January 2015 to $443,400.

Attached property sales in January 2016 totalled 376, an increase of 16.4 per cent compared to the 323 sales in January 2015. The benchmark price of an attached unit increased 14.6 per cent from January 2015 to $555,100.

http://www.rebgv.org/monthly-reports?month=January&year=2016

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I just finished uploading this Condo for sale, 205 10155 RIVER DRIVE, Richmond, BC

Brand New, true WATERFRONT 2 bedroom CORNER UNIT with 2 full baths and 2 balconies for your outdoor entertainment. It just doesn't get better than this. This spacious home features over-height 9' ceiling, engineered hardwood flooring, unique glass enclosed kitchen with window, top quality GE Cafe series stainless steel appliances, quartz countertops with island, efficient Geo-thermo heating and air conditioning. Unobstructed water views from every principal room. Parc Riviera is a master-planned waterfront community with over 4,000 ft of waterfront dyke trail and 5 acre of parkland and club house amenities. Close to Brighouse Canada Line station. 5 mins to Oak St Bridge and Costco. This is a one of a kind home. Move in ready.

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I just finished uploading this Condo for sale, 516 10155 RIVER DRIVE, Richmond, BC

Parc Riviera ( St. Raphael) Richmond best valued true water front community. Move in ready unit! Bright and spacious corner 2 bdrm 2 baths "Forever View" of River, Mountains, Park and City, 9 ft ceilings, engineered hardwood floors, geothermal (aircon/heating), premium GE Appliances. 5 acres of park space with 4000 ft of dyke trail. Call L/S for info!

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I just finished uploading this House for sale, 6291 GIBBONS DRIVE, Richmond, BC

This custom built mansion is nestled on 1/2 acre of prime west Richmond land, a prestigious area known as the Shaughnessy of Richmond. With almost 6,000 sf of living space, this is a perfect home for the large family. It boasts 5 spacious bdrms, an office plus a large den, 7 1/2 bthrms. Over-sized master bedroom features a sitting area w/ a covered balcony, large ensuite bath w/ separate shower and Jacuzzi tub plus a large walk-in closet. The grand entrance foyer & living room features soaring 18' ceiling. Cross-hall dining room, wet bar in family room, wok kitchen, in floor radiant heating, air conditioning & much more. Detached building w/ gym, whirlpool & full bath. Tennis court. Circular driveway. Many mega-mansions nearby. Short walk to golf course, schools and shopping. Meas. approx.

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