Category Archives: For Sellers

Detailed information on How to Sell Houses and Condos in Vancouver including Realtor Advice from Top Vancouver Realtor Mike Stewart

Vancouver Real Estate Statistics January 2012 Courtesy REBGV

Posted on February 6, 2012 by mike

January 2012 REBGV Stats Package

Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market

VANCOUVER, B.C. – February 6, 2012 – Greater Vancouver home sellers were more active
than buyers in January and overall home prices, according to the new MLS® Home Price Index
(MLS® HPI), continued to experience more stability and less fluctuation compared to the
beginning of 2011.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 1,577 on the Multiple Listing Service® (MLS®) in January 2012.
This represents a 4.9 per cent decrease compared to the 1,658 sales recorded in December 2011,
a decrease of 13.3 per cent compared to the 1,819 sales in January 2011 and an 18 per cent
decline from the 1,923 home sales in January 2010.

January sales in Greater Vancouver were the second lowest January total in the region since
2002, though only 146 sales below the Continue reading →

Posted in: For Buyers, For Sellers, Real Estate Board of Greater Vancouver (REBGV) Monthly Sales Statistics
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2.99% for a 5 Year Fixed Mortgage? The Catch Explained!

Posted on January 25, 2012 by mike

Lowest 5 year Fixed Rate Mortgages in Canada Ever!

The Finance Minister and the heads of the Big Canadian Banks have recently been alluding to the fact that the property market in Canada, particularly in the real estate markets in Vancouver and Toronto may be getting a bit too hot for their liking based on the very low interest rates we are seeing in Canada right now.

And then came this…

2.99% on a 5 Year Fixed Mortgage? Whats the Catch?

This is the lowest 5 Year Fixed Rate Mortgages have EVER been!

I recently interviewed Continue reading →

Posted in: For Buyers, For Sellers, Vancouver Real Estate and Mortgage Financing
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Chinese New Year 2012 and Vancouver Real Estate – Gung Hay Fat Choy!

Posted on January 24, 2012 by mike

Chinese New Year and Vancouver Real Estate

I recently had the pleasure of interviewing Jonathan Fung, a Mortgage Specialist with Vancity who was kind enough to discuss Chinese New Year with me and its impact on Vancouver’s real estate market.

Chinese New Year or Lunar New Year is the most important Holiday of the year for Chinese people as well as for many Chinese-Canadians here in Vancouver. It’s a time to celebrate with family and friends and reflect on the previous year, and there is a heavy emphasis on making the upcoming year a good/prosperous year in terms of wealth.

How does Chinese New Year affect the Vancouver Real Estate Market?

During Chinese New Year Continue reading →

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Vancouver Real Estate Statistics December 2011 Courtesy of the REBGV

Posted on January 4, 2012 by mike

December 2011 REBGV Stats Courtesy of Mike Stewart Vancouver Realtor

Balanced real estate market prevailed through much of 2011

The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per cent decrease from the 35,669 residential sales in 2009. Last year’s home sale total was 6.3 per cent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.
The number of residential properties listed for sale on the MLS® in Greater Vancouver increased 2.7 per cent in 2011 to 59,549 compared to the 58,009 properties listed in Continue reading →

Posted in: For Buyers, For Sellers, Real Estate Board of Greater Vancouver (REBGV) Monthly Sales Statistics
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