Jeff Wonderful House
120-1245 W. Broadway V6H1G7 Vancouver, BC, Canada
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General Information
Locality: Vancouver, British Columbia
Phone: +1 604-440-6386
Address: 120-1245 W. Broadway V6H1G7 Vancouver, BC, Canada
Website: www.jeffcheung.org/
Likes: 109
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https://mp.weixin.qq.com/s/FSTI3c6CGDWJt3YJxUe4jQ
March home sales and new listings set records in Metro Vancouver. Home buyer and seller activity reached unprecedented levels across Metro Vancouver in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 5,708 in March 2021, a 126.1 per cent increase from the 2,524 sales recorded in March 2020, and a 53.2 per cent increase from the 3,727 homes sold in February 2021. ... Last month’s sales were 72.2 per cent above the 10-year March sales average and is the highest monthly sales total ever recorded in the region. In March, residents bought and listed homes across our region at levels not seen before, Taylor Biggar, REBGV Chair said. This surge in activity is increasing upward pressure on prices. We’re beginning to see double-digit price gains for single-family homes and townhomes over the last 12 months. Demand was most pronounced in rural and suburban areas. Delta South saw a 195.8 per cent increase in sales over 2020 the largest increase in Metro Vancouver. This was followed by Whistler, which experienced a 194.7 per cent increase, and Squamish, which saw a 188.6 per cent increase in sales. For all property types, the sales-to-active listings ratio for March 2021 is 62.4 per cent. By property type, the ratio is 52.9 per cent for detached homes, 79.9 per cent for townhomes, and 65.4 per cent for apartments. Generally, analysts say 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. Today’s activity can be attributed, in part, to an economy that’s showing signs of recovery, historically low interest rates, high demand for space, and increased household savings, Biggar said. Sales of detached homes in March 2021 reached 1,965, a 130.6 per cent increase from the 852 detached sales recorded in March 2020. The benchmark price for a detached home is $1,700,200. This represents a 17.9 per cent increase from March 2020 and a 4.9 per cent increase compared to February 2021.
Happy New Year 2021
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Open house Saturday Oct 31, 1pm to 3pm.**228-8988 Hudson Street, Vancouver* For $500,000, you can own your condo in Vancouver's West side. This 1 bedroom condo is one of the last few affordable condos in Vancouver West and has over 620 sq. ft, a balcony, 1 parking and 1 storage, plus in-suite laundry. Excellent area. Rentals, Dog and Cat are allowed. MLS number: R2505982. To view details, please click https://s.paragonrels.com/goto/GAcMLR
For $500,000, you can own your condo in Vancouver's West side. This 1 bedroom condo is one of the last few affordable condos in Vancouver West with over 620 sq. ft, a balcony, a parking and a storage, plus in-suite laundry. Excellent area. Rentals are allowed. Great for Investment. Dog and Cat are allowed. Do not wait. Come to see it. You can contact me to book an appointment. MLS number: R2505982. To view details, click https://s.paragonrels.com/goto/GAe1Aa