Fantastic work (BNT) Burnaby/New West/Tricities Realtors!!!!!

2014 Charity raised for Aunt Leah's Place $17,677.52!!!!!!

Aunt Leah’s Place is a registered charity that has been helping kids in foster care and teen moms achieve a better future for over twenty years. We have seen how support at this critical time can help these young people realize their possibilities and potential and become resilient, independent adults.

In BC, when a child in care turns 19, their government support is cut off and they are deemed ‘aged-out’ of the system. Today, almost half of these vulnerable teens end up homeless. Aunt Leah’s is there to help support these kids make a successful transition to independence and adulthood.

Past 4 years of Contributions to our local Charities.. WOPPING...$82,254.99!!!!!!

Vancouver Home Sales Up 8.7% in January, Prices Up 5.5%: REBGV

Greater Vancouver market continues climb, with an unexpected spurt in townhouse sales boosting numbers, says Real Estate Board of Greater Vancouver

Despite all the talk of unaffordability, the Greater Vancouver housing market continued its inexorable rise in January, with sales up 8.7 per cent year over year, according to Real Estate Board of Greater Vancouver (REBGV) figures released February 3.

There was an expected dip in sales across all property types compared with December 2014, as few transactions close in January after the holiday season.

The year-over-year increase in sales pushed the benchmark price for a residential property in Greater Vancouver up to $641,600, a rise of 5.5 per cent compared with January 2014, consistent with the annual lift seen in home prices every month for the past year.

However the unexpected story comes from January's sales of townhouses and other attached properties, the growth of which considerably outstripped that of detached homes, which usually see the most growth.

Sales and Listings

Greater Vancouver MLS home sales totalled 1,913 in January, an increase of 8.7 per cent compared with January 2014, although a decline of 9.6 per cent compared with December. Sales were 14.9 per cent higher than the 10-year average for January.

Detached single-family home sales increased 7.3 per cent, and were uncharacteristically outshone by sales of attached homes, which were up nearly 16 per cent compared with January 2014.

Condo sales kept their growth consistently steady, rising 7.4 per cent year.

New listings in Greater Vancouver in January were 11.4 per cent below those of January 2014, and active listings were down 14.2 per cent, reflecting the tightened inventory.

“While demand remains steady, we’re seeing fewer homes for sale at the moment,” said Ray Harris, REBGV president. "This is creating greater competition amongst buyers, particularly in the detached home market. The number of detached homes listed for sale today is the second lowest we’ve seen in four years.”

Nevertheless, with the sales-to-active-listings ratio at 17.7 per cent, the region remains in balanced market territory.

Broken down by area, West Vancouver had the largest overall jump in home sales in January, with sales up 8.1 per cent compared with January 2014. This was driven by townhouse sales in the neighbourhood, which rose more than 10 per cent year over year.

However, the biggest rise in detached home sales was in East Vancouver, where sales of single-family properties rose 12.2 per cent year over year as West Side inventory tightened further and pushed buyers east.

The sharpest jump in condo sales was in Whistler, where the recovering real estate market saw apartment properties up 18.9 per cent compared with January last year.

Benchmark Price (MLS® Home Price Index)

The benchmark price for all residential properties in Greater Vancouver now stands at $641,600, which is up 5.5 per cent year over year and up 0.2 per cent compared with December.

Although the growth in townhouse sales far outstripped growth in detached home sales in January, the same could not be said for benchmark prices of those property types.

The composite benchmark prices by housing type are:

Harris added, “The Bank of Canada’s recent announcement to lower its benchmark interest rate is an important one for home buyers, sellers and owners to note. A reduced rate could allow you to pay down your mortgage a little faster, save some money on your monthly payments, or change the amount you qualify for. It’s important that you do your homework and understand how these announcements impact your situation.”

Home prices vary widely throughout the REBGV region. To get a good idea of home prices in a specific location, check the detailed MLS Home Price Index in the REBGV full statistics package.

For our infographic with headline statistics and benchmark prices broken down by area, click here.

• The Real Estate Board of Greater Vancouver covers Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, Pitt Meadows, Maple Ridge, and South Delta.
• The board covers only homes being resold through the Multiple Listing Service, and does not record sales of newly built homes unless they are listed with the MLS, so the house prices in the Home Price Index don't reflect all of the residential real estate sold in the area.

- See more at: http://www.rew.ca/news/vancouver-home-sales-up-8-7-in-january-prices-up-5-5-rebgv-1.1751108?utm_source=Business%20Information%20Group&utm_medium=email&utm_campaign=Customer%20Newsletter%20-%20Feb%2009%202015#sthash.tGsqWvXW.dpuf

I'll be handing out water bottles to help fundraise for the event!!!

Telus

It is a pleasure to work with you!

As a thank you for your business, I have negotiated a 12 month 40% discount on new TELUS Optik TV and Internet Services for you.

Please call Vikram Pannu Phone 778-875-6631
Vikram.Pannu@telus.com
Member of the TELUS team

To redeem this special offer and make sure mention my name!

Another Great After Care Service from Jessica Prasad :)

Giuseppe is the mobile specialist!!!

Giuseppe Bevilacqua

 c 778-773-4479

Allwest Insurance

1058 Marine Dr

North Vancouver BC

V7P1S5

604-987-9356 office

604-987-9330 Fax

gbevilacqua@allwestins.com

Get your car quote too!

Jessica Prasad partners up with the most friendliest professionals in the industry!

Make your move a happy Move all around!

Top producing Re/Max Agents working all around Greater Vancouver, cities like West Vancouver, White Rock, Burnaby, New West, Langley... Check out my office listings!

http://ilovehomes.ca/officelistings.html

About the Company

Westech Home and Property Inspections is a Maple Ridge based certified home inspection company serving prospective home buyers and sellers across the Lower Mainland.
A home inspection is a critical part of the home buying process. When hiring a home inspector you want to make sure the individual not only is able to thoroughly inspect a home, but brings additional skills relative to the industry.
Investing in a home can be tough enough without having to deal with unexpected repair costs now and into the future. Your home is the largest single investment you will ever make, and getting accurate information on the conditions of your potential property is a crucial step in the process.
A Westech home inspection will give you a clear, unbiased evaluation of a home's condition, answer any questions you may have, and help give you peace of mind to buy with confidence.

Contact Information

Contact Noel Tamblyn of Westech today to book your home inspection.

www.westechhome.com

Mailing Address:
Suite 1033, 22709 Lougheed Hwy.
Maple Ridge, BC V2X 0T5

I partner up with the BEST in the industry to provide you the BEST service all around!

Vancouver In The Box Packing services

Limor Friedman (and her team) know how to make things happen. Limor founded Vancouver in The Box in 2009. Her local Canadian company serves the lower mainland effectively and cost efficiently. Limor combines 40 years of family experience with a 12-year background in news broadcasting to create the best solutions for your moving. She is detail orientated and will find the right solution for your move – whether you are storing belongings for a long time, downsizing, only moving to a new house in the lower mainland, or moving across Canada or overseas.

For a smooth move, contact Limor at Vancouver In A Box today
to discuss your needs.

778.228.6976 / inthebox.vancouver@gmail.com

We are environmentally friendly and so are our friends. We use plastic rental boxes as much as possible. We recycle and donate, and we work with businesses that do the same.

Another great pre or post Real Estate service from Jessica!!!! call me for prefered reates 778-241-8946