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Largest Price Declines for Homes For Sale in Vancouver

August 24th, 2013
The information contained herein has been derived from reported listings in the Vancouver West and East selling areas.
The bracketed numbers represent previous weeks' stats from this same report.
Below is this week's chart of the largest price declines (those over 5%) for Vancouver homes for sale from August 6-August 12 (Morning). In the last business week ending Sunday evening, there w ...

Largest Price Declines for Homes for Sale in Richmond

August 24th, 2013
For ease of reference, the bracketed numbers represent previous weeks' data.

This Real Estate Report covers the last 14 days from August 10 to August 24th inclusive (as of Saturday am). The bracketed numbers represent 1 week periods from previous reports, so in general this week's numbers should be about double the bracketed ones.

During this latest period there were 99 (41)(57)(67) (63)  pric ...

Richmond Real Estate Market Report

August 17th, 2013
I have changed reporting formats for the Richmond Real Estate Market Report to simplify things to a single report.  Please let me know if you like it.  Here is the Richmond sales report for the last 7 days:


...
Sold Property Types
Price Range-'$000s Apartments Townhouses Houses
0-200 9
200-300 8 1
300-400 10 2
400-500 10 4

9211 JASKOW Place, Richmond, British Columbia

August 17th, 2013

Luxurious designed house. Total of approximately 3,300 s.f. of living area. Modern design, trendy kitchens with designer grade stainless appliances, mosaic tile bathrooms, etc. Very quiet cul de sac corner unit. Near Jessie Wowk & Richmond Christian Elementary. Open House :Aug 24 2-4pm

Check out all of the details of this House for sale, 9211 JASKOW Place, Richmond, British Columbia

 

758 59TH Ave W, Vancouver West, British Columbia

August 17th, 2013

I just sold this House at 758 59TH Ave W, Vancouver West, British Columbia Marpole.

View this recently sold House or see all my home sales

Revised British Columbia Real Estate Report

August 14th, 2013

July Home Sales Highest Since 2009

Vancouver, BC – August 14, 2013 The British Columbia Real Estate Association (BCREA) reports that a total of 7,650 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC for July, up 18 per cent from July of 2012. Total sales dollar volume was 32.8 per cent higher than a year ago at $4.09 billion. The average MLS® residential pr ...

How to Chose Smart Home Renovations

August 13th, 2013
The Appraisal Institute of Canada offers the following tips on undertaking smart home renovations.  I'll have more detail on this in coming blogposts, but here are a few of their recommendations.  Appraisers and Realtors' work complements each other and helps provide some price stability and confidence in the real estate market. Here is what the AIC says on its website:

TIPS TO CHOOSING “SMA ...

Largest Price Declines for Homes For Sale in Vancouver

August 12th, 2013
The information contained herein has been derived from reported listings in the Vancouver West and East selling areas.

The bracketed numbers represent previous weeks' stats from this same report.

Below is this week's chart of the largest price declines (those over 5%) for Vancouver homes for sale from August 6-August 12 (Morning). In the last business week ending Sunday evening, there were 106 ...

Largest Price Declines for Homes for Sale in Richmond

August 11th, 2013
This weekly list continues to shrink!
For ease of reference, the bracketed numbers represent previous weeks' data.

This last 7 days from August 4 to August 10th inclusive (as of late Saturday night), there were 41 (57)(67) (63)  price changes in Richmond, 40 (56) (63) of which were price reductions. 

The average price reduction was $44,744 ($25,307) ($39,645) ($41,727) or 4%.

Apartment price decl ...

The Principal Residence Exemption

August 9th, 2013
The Principal Residence Exemption:  I get asked about this at least half a dozen times a year.  Canadians have the impression that it is a tax exemption as of right... WRONG! A dangerous trap that merits a thorough reading prior to taking this provision for granted.  The old CRA Interpretation Bulletins are being morphed into "Income Tax Folios" for better organization and web management.  Th ...
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