We have listed a new property at 412 23233 Gilley RD.
Exclusive Assignment Opportunity Estimated Completion – Fall 2019 Property Information: 412-23233 Gilley Road, Richmond Great Value 2 bedroom 2 bathroom top floor 814 sqft Live at the center of it all: Hamilton Village is a dynamic, master-planned community is taking shape in East Richmond offering the perfect combination of style and value. These finely crafted homes designed by award-winning Rositch Hemphill Architects are at the heart of the Lower Mainland, yet miles from the noise and stress of city life. Phase One features • State-of-the-art amenity space with pool, gym, hot tub, and multi-purpose • Communal garden and courtyard patio perfect for summer barbecues. • Steps from high street shopping, public transit, and a walk-able village life, • Connected to peaceful parks, lush green space, and waterfront trails. • Central location, close to transit and quick access to all major travelling routes. Call Dale @ 604-303-7653 for more details. **The Seller of this assignment is not the developer, nor the contractor. Specifics provided in this brochure are pulled from the developer’s disclosure statement and marketing materials, which can be provided upon request.
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We have listed a new property at 7931 MCLENNAN AVE in Richmond.
Country Living with City Conveniences! Sought after McLennan area of Richmond. This custom build Family home offers 5 bedrooms on 2 level 3,623 sq foot and is situated on a 1/2 acre lot (65 X 306) Quiet country setting, no through road, Central location, West facing back yard close to all amenities including Shopping at Garden City/ Ironwood Mall, restaurants, Transit, Schools, golf courses Shell Road Trail, Silver City. Excellent Investment opportunity to hold and build new later.
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We have sold a property at 13069 59 AVE in Surrey.
PERFECT in PANORAMA RIDGE. This elegant family home offers 5 bedrooms & den  ( den could be a 6th bedroom) and 4 bathrooms. Very chic & modern cabinets, quartz countertops, and stainless steel appliances. Modern paint colors, stylish glass handrails and added glass wall and door in Den. Laundry up and down. HVAC w/Heat pump. Detached 2 car garage with lane access. Home is situated on a corner lot right across from Park. 2 bedroom unauthorized suite with separate entry. The owner has added loads of extras into this beautiful home. Remainder of 2-5-10 warranty. Close to schools, transit, shopping parks and more. Truly a gem to show!
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The June 2019 Market stats are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West.

  • Activity Snapshot by PropertyType
  • Detached Properties Report and Graph
  • Condo Report and Graph
  • Townhomes Report and Graph
  • Benchmark Price Graph
  • Average Price Per Square Foot
If you are interested in a report like this is for other areas, please contact me to request it and I'll send it to you.
 
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With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and a 21.3 per cent decrease from the 2,638 homes sold in May 2019.

Last month’s sales were 34.7 per cent below the 10-year June sales average. This is the lowest total for the month since 2000.

“We’re continuing to see an expectation gap between home buyers and sellers in Metro Vancouver,” said Ashley Smith, REBGV president. “Sellers are often trying to get yesterday’s values for their homes while buyers are taking a cautious, wait-and-see approach.”

On the supply side, there were 4,751 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2019. This represents a 10 per cent decrease compared to the 5,279 homes listed in June 2018 and an 18.9 per cent decrease compared to May 2019 when 5,861 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 14,968, a 25.3 per cent increase compared to June 2018 (11,947) and a 1.9 per cent increase compared to May 2019 (14,685).

“Home buyers haven’t had this much selection to choose from in five years,” Smith said. “For sellers to be successful in today’s market, it’s important to work with your local REALTOR® to make sure you’re pricing your home for these conditions.”

For all property types, the sales-to-active listings ratio for June 2019 is 13.9 per cent. By property type, the ratio is 11.4 per cent for detached homes, 15.8 per cent for townhomes, and 15.7 per cent for apartments.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $998,700. This represents a 9.6 per cent decrease over June 2018 and a 0.8 per cent decrease compared to May 2019.

This is the first time the composite benchmark has been below $1 million since May 2017.

Sales of detached homes in June 2019 reached 746, a 2.6 per cent decrease from the 766 detached sales recorded in June 2018. The benchmark price for detached properties is $1,423,500. This represents a 10.9 per cent decrease from June 2018 and a 0.1 per cent increase compared to May 2019.

Sales of apartment homes reached 941 in June 2019, a 24.1 per cent decrease compared to the 1,240 sales in June 2018. The benchmark price of an apartment property is $654,700. This represents an 8.9 per cent decrease from June 2018 and a 1.4 per cent decrease compared to May 2019.

Attached home sales in June 2019 totalled 390, a 6.9 per cent decrease compared to the 419 sales in June 2018. The benchmark price of an attached unit is $774,700. This represents an 8.6 per cent decrease from June 2018 and a 0.6 per cent decrease compared to May 2019.



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We have sold a property at 13142 92 AVE in Surrey.
PERFECT in QUEEN MARY PARK, Wonderful Split level home with 3 bedrooms up with 2 Bathrooms,Main Floor with Sunken Living with Vaulted Ceiling,Rock Faced Fireplace, Large Family Room overlooking South Exposed Private 60x165 (9,937 sq.ft.) backyard with patio Lot. Bedroom with Full Bathroom on Main Floor, Laundy, Hot Water Baseboard Heat. Bonus 14X24 wired workshop. 2 car garage and loads of parking. Great family neighborhood and close to schools, transit shopping and much more. Bring your ideas. COURT ORDERED SALE. Court date June 27, 2019 in New Westminster Court at 9:45 a.m.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.