Mohamed Sabry Realty
295 Guildford way V3H 5N3 Port Moody, BC, Canada

REBGV Stats - April 2021 Supply response emerges in Metro Vancouver’s active housing market Home sellers have become increasingly active in Metro Vancouver’s housing market this spring in response to heightened demand and rising home values that have materialized during the pandemic.... The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 4,908 in April 2021, a 342.6 percent increase from the 1,109 sales recorded in April 2020, and a 14 percent decrease from the 5,708 homes sold in March 2021. Last month’s sales were 56.2 percent above the 10-year April sales average and is the highest total on record for the month. "Our housing market has changed considerably from one year ago when COVID-19 concerns brought activity to a near standstill, Keith Stewart, REBGV’s economist said. This was followed by a well-documented spike in home buyer demand across the region. So far this spring, we’ve seen a corresponding supply response from home sellers." There were 7,938 detached, attached, and apartment homes newly listed for sale on the Multiple Listing Service (MLS) in Metro Vancouver in April 2021. This represents a 243.2 percent increase compared to the 2,313 homes listed in April 2020, a 4.2 percent decrease compared to March 2021 when 8,287 homes were listed, and is the highest new listing total ever recorded in the region in April. "While homes are now being listed at record levels, more supply is needed to meet today's demand and help market conditions achieve greater balance," Stewart said. The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 10,245, a 9.1 percent increase compared to April 2020 (9,389) and a 12 percent increase compared to March 2021 (9,145). Today’s active listings total is 11.2 percent below the 10-year April average. For all property types, the sales-to-active listings ratio for April 2021 is 47.9 per cent. By property type, the ratio is 37.4 per cent for detached homes, 70 per cent for townhomes, and 51.5 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. Record low interest rates, increased household savings, a strengthening economy and a continued focus on living space during the pandemic are all factors that are helping to bolster demand while steady price growth is encouraging more sellers to list their homes, Stewart sa

SnapStats - March 2021 Contact your Royal LePage West Real Estate Services real estate professional to receive your SnapStats report. SnapStats is a complimen...tary monthly statistical report which can be emailed to you FREE of charge. SnapStats’ charts, tables and graphs are simple to understand. In minutes, you’ll see market trends, sales to active listing ratio, month-to-month comparisons, and much more. They’re broken down using all sorts of relevant factorsincluding price range, neighbourhood, bedroom number, and much more. This gives you the amazing ability to pinpoint trends and statistics customized to your personal needs. #RoyalLePageWestRealEstateServices #RoyalLePageWest See more

REBGV Stats - March 2021 March home sales and new listings set records in Metro Vancouver Home buyer and seller activity reached unprecedented levels across Metro Vancouver in March. ...Continue reading

May this new year be filled with happiness, prosperity, and many precious moments with your loved ones. Happy Chinese New Year 2021!

A quick snapshot of the Fraser Valley's real estate market today covering the following areas: Surrey, South Surrey, North Delta, Cloverdale, Langley, Abbotsford and Mission. All single family home, townhome and condo data sourced from the FVREB MLS.

Home buyer demand remains elevated across Metro Vancouver In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 per cent increase from the 1,571 sales recorded in January 2020, and a 22.8 per cent decrease from...Continue reading

Honored to achieve the Royal LePage’s Top Tier status and earning the 2020 Royal LePage Director’s Platinum Award and to be recognized among the top performers in our national network of more than 18,000 REALTORS Huge Thank you to all my clients, friends, and family for your support during 2020. your repeat and referral business is always appreciated. looking forward to a great 2021

FORECAST: Royal LePage forecasts the aggregate price of a home in Canada to rise 5.5 per cent year-over-year to $746,100 in 2021. Housing demand exceeded expe...ctations in the second half of 2020, pushing unmet buyer demand forward into the new year. Learn more about regional market forecasts in the release here: rlp.ca/2021-forecast.

Royal LePage: Canadian home prices forecast to rise 5.5% by the end of 2021 as low inventory and unmet demand set to fuel price increases Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75% Tech and government sector expansion to drive Ottawa prices up 11.5% Canada’s priciest city to experience 9.0% rise as housing demand in Vancouver surges... Halifax and Greater Montreal prices forecast to rise 7.5% and 6.0%, respectively Calgary, Edmonton prices buck regional economic drag, to show modest price growth See more

SnapStats - November 2020 Contact your Royal LePage West Real Estate Services real estate professional to receive your SnapStats report. SnapStats is a compli...mentary monthly statistical report which can be emailed to you FREE of charge. SnapStats’ charts, tables and graphs are simple to understand. In minutes, you’ll see market trends, sales to active listing ratio, month-to-month comparisons, and much more. They’re broken down using all sorts of relevant factorsincluding price range, neighbourhood, bedroom number, and much more. This gives you the amazing ability to pinpoint trends and statistics customized to your personal needs. #RoyalLePageWestRealEstateServices #RoyalLePageWest

SnapStats - October 2020 Contact your Royal LePage West Real Estate Services real estate professional to receive your SnapStats report. SnapStats is a complim...entary monthly statistical report which can be emailed to you FREE of charge. SnapStats’ charts, tables and graphs are simple to understand. In minutes, you’ll see market trends, sales to active listing ratio, month-to-month comparisons, and much more. They’re broken down using all sorts of relevant factorsincluding price range, neighbourhood, bedroom number, and much more. This gives you the amazing ability to pinpoint trends and statistics customized to your personal needs. #RoyalLePageWestRealEstateServices #RoyalLePageWest See more

Price Reduced 1 3380 FRANCIS CRESCENT Burke Mountain Coquitlam 4 Bed / 4 Bath / 1830 Sqft / Corner / End unit $877,000 Francis Gate," a beautiful col...lection of 19 craftsman townhomes. Situated at the heart of Burke Mountain, this is a perfect family home with 1,830 sqft, 4 bed, 4 bath looks and feels like a detached home. The open concept plan gourmet kitchen with stainless steel appliances and granite countertops opens onto a massive entertainment sized private deck for maximum enjoyment. Engineered hardwood flooring throughout, coffered ceiling, crown moldings, custom fireplace, Air conditioning, and built-in vacuum. Double side-by-side garage with two additional parking spaces in the driveway and Electric car charging ready, Low strata fee $243, Rentals Allowed, Located within walking distance to trails, parks, schools, shopping, and Transit. Call today for your private viewing 604 961 639 See more

New listing .. 4735 SLOCAN STREET Vancouver $1,499,000 4 Bedrooms , 2 Bathrooms, 2 Kitchens... Investor / Developer / 1st time home buyer Alert !!! Great Holding property with assembly potential for multi-family development. very bright and well maintained property is currently tenanted with lucrative rental income, the property is zoned RM-7, "Norquay Village" land use encourages Townhouse 1.2 FSR , build 3 townhouses Now or wait for a land assembly property is well maintained , New roof and recently renovated suite , new drain tiles, Short walk to sky train station, Norquay Elementary school just across the street, central & convenient location. call for you private viewing