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I have sold a property at 111 33718 KING RD in Abbotsford.
Don't miss this beautifully updated, ground floor, corner unit at College Park! This home has a wonderful feel with open layout and completely private location in the complex on the South East corner with wrap-around deck. Updates over the years include granite counter tops, under-mount sink, tile backsplash, trim and molding, appliances, and rock fireplace. Gas fireplace is included in the strata fees. Home offers 2 bedrooms, 2 bathrooms, laundry room, and 1088 square feet with 2 parking spots. Call today.
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The December 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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The Metro Vancouver housing market experienced below average sales activity and moderate price declines in 2019.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached 25,351 in 2019, a three per cent increase from the 24,619 sales recorded in 2018, and a 29.6 per cent decrease over the 35,993 residential sales in 2017.

Last year’s sales total was 20.3 per cent below the region’s 10-year sales average.

“We didn’t see typical seasonal patterns in 2019. Home buyer demand was quieter in the normally busy spring season and it picked up in the second half of the year,” Ashley Smith, REBGV president said. “In terms of home values, prices dipped between two and four per cent across the region last year depending on property type.”

Home listings on the Multiple Listing Service® (MLS®) in Metro Vancouver reached 51,918 in 2019. This is a 3.2 per cent decrease compared to the 53,614 homes listed in 2018 and a five per cent decrease compared to the 54,655 homes listed in 2017.

Last year’s listings total was 7.6 per cent below the 10-year average.

“Home buyer confidence was a factor throughout the year. In the first quarter, many prospective buyers were in a holding pattern, waiting to see how prices would react to the mortgage stress test, new taxes, and other policy changes,” Smith said. “Confidence started to return in the summer, and we saw above average sales in the final quarter of 2019.”

The MLS® HPI composite benchmark price for all residential properties in Metro Vancouver ends the year at $1,001,000. This is a 3.1 per cent decrease compared to December 2018.

The benchmark price of apartments decreased 2.7 per cent in the region last year. Townhomes decreased 2.4 per cent and detached homes decreased four per cent.


December summary


REBGV reports that residential home sales in the region totalled 2,016 in December 2019, an 88.1 per cent increase from the 1,072 sales recorded in December 2018, and a 19.3 per cent decrease from the 2,498 homes sold in November 2019.

Last month’s sales were 9.5 per cent above the 10-year December sales average.

There were 1,588 detached, attached and apartment properties newly listed for sale on the MLS® in Metro Vancouver in December 2019. This represents a 12.9 per cent increase compared to the 1,407 homes listed in December 2018 and a 46.8 per cent decrease compared to November 2019 when 2,987 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,603, a 16.3 per cent decrease compared to December 2018 (10,275) and a 20.1 per cent decrease compared to November 2019 (10,770).

For all property types, the sales-to-active listings ratio for December 2019 is 23.4 per cent. By property type, the ratio is 15.2 per cent for detached homes, 25.7 per cent for townhomes, and 32.5 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.

Sales of detached homes in December 2019 reached 599, a 72.1 per cent increase from the 348 detached sales recorded in December 2018. The benchmark price for detached properties is $1,423,500. This represents a four per cent decrease from December 2018, and a 0.6 per cent increase compared to November 2019.

Sales of apartment homes reached 1,053 in December 2019, a 96.8 per cent increase compared to the 535 sales in December 2018. The benchmark price of an apartment property is $656,700. This represents a 2.7 per cent decrease from December 2018, and a 0.8 per cent increase compared to November 2019.

Attached home sales in December 2019 totalled 364, a 92.6 per cent increase compared to the 189 sales in December 2018. The benchmark price of an attached home is $778,400. This represents a 2.4 per cent decrease from December 2018, and a 0.7 per cent increase compared to November 2019.



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I have listed a new property at 111 33718 KING RD in Abbotsford.
Don't miss this beautifully updated, ground floor, corner unit at College Park! This home has a wonderful feel with open layout and completely private location in the complex on the South East corner with wrap-around deck. Updates over the years include granite counter tops, under-mount sink, tile backsplash, trim and molding, appliances, and rock fireplace. Gas fireplace is included in the strata fees. Home offers 2 bedrooms, 2 bathrooms, laundry room, and 1088 square feet with 2 parking spots. Call today.
Read full post

The November 2019 Market stats are out and available for download. You get the following graphs and charts for bothVancouver 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.


DOWNLOAD VANCOUVER EAST


DOWNLOAD VANCOUVER WEST

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After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3 per cent increase from the 1,608 sales recorded in November 2018, and a 12.6 per cent decline from the 2,858 homes sold in October 2019.


Last month’s sales were four per cent above the 10-year November sales average.


“We started to see more home buyer confidence in the summer and this trend continues today,” says Ashley Smith, REBGV president. “It’ll be important to watch home listing levels over the next few months to see if supply can stay in line with home buyer demand.”


There were 2,987 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in November 2019. This represents a 13.7 per cent decrease compared to the 3,461 homes listed in November 2018 and a 26.7 per cent decrease compared to October 2019 when 4,074 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 10,770, a 12.5 per cent decrease compared to November 2018 (12,307) and a 12 per cent decrease compared to October 2019 (12,236).


For all property types, the sales-to-active listings ratio for November 2019 is 23.2 per cent. By property type, the ratio is 17.2 per cent for detached homes, 24.9 per cent for townhomes, and 29.3 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.


“In today’s market, the intensity of home buyer demand depends on neighbourhood, property type, and price point,” Smith said. “To better understand the changing trends in your neighbourhood and property type of choice, it’s important to work with your local REALTOR®.”


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $993,700. This represents a 4.6 per cent decrease from November 2018 and a 1.3 per cent decrease over the past six months.


Sales of detached homes in November 2019 reached 825, a 59.9 per cent increase from the 516 detached sales recorded in November 2018. The benchmark price for a detached home is $1,415,400. This represents a 5.8 per cent decrease from November 2018, a 0.5 per cent decrease over the past six months, and a 0.3 per cent increase compared to October 2019.


Sales of apartment homes reached 1,222 in November 2019, a 50.9 per cent increase compared to the 810 sales in November 2018. The benchmark price of an apartment home is $651,500. This represents a 3.8 per cent decrease from November 2018, a 1.9 per cent decrease over the past six months, and a 0.2 per cent decline compared to October 2019.


Attached home sales in November 2019 totalled 451, a 59.9 per cent increase compared to the 282 sales in November 2018. The benchmark price of an attached home is $772,800. This represents a 4.4 per cent decrease from November 2018, a 0.8 per cent decrease over the past six months, and a 0.2 per cent increase compared to October 2019.



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I have sold a property at 7923 LIMEWOOD PL in Vancouver.
THIS IS IT! Bare land strata offers an Oasis in the City with low maintenance fees. As you enter through a beautiful English Garden Front Yard with a sitting area for your morning coffee, you come to an ivy laced iron gate through your private entrance. The main floor offers new floors, a gas fireplace in the living and dining rooms with new skylights, the renovated kitchen walks out to a private deck that leads to a beautifully landscaped back garden. The Family room with its large windows also walks out to a large deck overlooking the backyard and garden storage shed. The upstairs offers a Master Suite with its own sitting nook, 2 other bedrooms and one being a loft style. Upgraded to hot water on demand. Great Square footage excellent value a must see!
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Please visit our Open House at 320 ROSEHILL WYND in Delta.
Open House on Sunday, November 24, 2019 2:00PM - 4:00PM
The perfect executive home! This home boasts breathtaking panoramic views of Mount Baker, Boundary Bay continuing through to Burnaby Mountain and all three North Shore Ski hills! The oversized deck takes full advantage of the amazing views. Built with quality craftsmanship in every room of the house from the custom maple cabinetry in the kitchen and throughout to the multi level vaulted ceilings. Quality appliances include Wolf cook-top and Miele double ovens. The custom wood sash windows showcase the view. The new floors on the main, highlight the quality UV deck surface that looks like an extension of the kitchen and dining room. Double French doors lead to a private, enclosed backyard equipped with its very own putting green and hot tub.Over 1000sf of bonus space on the lower level.
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Please visit our Open House at 320 ROSEHILL WYND in Delta.
Open House on Friday, November 15, 2019 10:00AM - 12:00PM Agents Open - Nov 15 (Friday) 10 AM to 12 Noon
The perfect executive home! This home boasts breathtaking views of Mount Baker and Boundary Bay! The over 720sf deck on the main level expands the entertainment space and takes full advantage of the amazing view. Built with top quality craftsmanship in every room of the house from the custom maple cabinetry in the kitchen and throughout to the multi level vaulted ceilings. Quality appliances include double Meile ovens. The custom sash windows have a high end quality of their own, showcasing the views. The beautiful new floors on the main highlight the quality UV deck surface that look like an extension of the kitchen and dining room. Double French doors lead to a private enclosed backyard with it own putting green and hot tub. Over a 1000sf of bonus space on the lower level. Just Fabulous!
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Please visit our Open House at 320 ROSEHILL WYND in Delta.
Open House on Saturday, November 16, 2019 2:00PM - 4:00PM
The perfect executive home! This home boasts breathtaking views of Mount Baker and Boundary Bay! The over 720sf deck on the main level expands the entertainment space and takes full advantage of the amazing view. Built with top quality craftsmanship in every room of the house from the custom maple cabinetry in the kitchen and throughout to the multi level vaulted ceilings. Quality appliances include double Meile ovens. The custom sash windows have a high end quality of their own, showcasing the views. The beautiful new floors on the main highlight the quality UV deck surface that look like an extension of the kitchen and dining room. Double French doors lead to a private enclosed backyard with it own putting green and hot tub. Over a 1000sf of bonus space on the lower level. Just Fabulous!
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Please visit our Open House at 320 ROSEHILL WYND in Delta.
Open House on Sunday, November 17, 2019 2:00PM - 4:00PM
The perfect executive home! This home boasts breathtaking views of Mount Baker and Boundary Bay! The over 720sf deck on the main level expands the entertainment space and takes full advantage of the amazing view. Built with top quality craftsmanship in every room of the house from the custom maple cabinetry in the kitchen and throughout to the multi level vaulted ceilings. Quality appliances include double Meile ovens. The custom sash windows have a high end quality of their own, showcasing the views. The beautiful new floors on the main highlight the quality UV deck surface that look like an extension of the kitchen and dining room. Double French doors lead to a private enclosed backyard with it own putting green and hot tub. Over a 1000sf of bonus space on the lower level. Just Fabulous!
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The October 2019 Market stats are out and available for download. You get the following graphs and charts for bothVancouver 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.


DOWNLOAD VANCOUVER EAST


DOWNLOAD VANCOUVER WEST

Read full post

I have listed a new property at 320 ROSEHILL WYND in Delta.
The perfect executive home! This home boasts breathtaking views of Mount Baker and Boundary Bay! The over 720sf deck on the main level expands the entertainment space and takes full advantage of the amazing view. Built with top quality craftsmanship in every room of the house from the custom maple cabinetry in the kitchen and throughout to the multi level vaulted ceilings. Quality appliances include double Meile ovens. The custom sash windows have a high end quality of their own, showcasing the views. The beautiful new floors on the main highlight the quality UV deck surface that look like an extension of the kitchen and dining room. Double French doors lead to a private enclosed backyard with it own putting green and hot tub. Over a 1000sf of bonus space on the lower level. Just Fabulous!
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The Metro Vancouver housing market is experiencing a fall pickup in home sale activity.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per cent increase from the 2,333 homes sold in September 2019.


Last month’s sales were 9.8 per cent above the 10-year October sales average.


“Home buyers have more confidence today than we saw in the first half of the year,” says Ashley Smith, REBGV president. “With prices edging down over the last year and interest rates remaining low, hopeful home buyers are becoming more active this fall.”


There were 4,074 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2019. This represents a 16.4 per cent decrease compared to the 4,873 homes listed in October 2018 and a 16.3 per cent decrease compared to September 2019 when 4,866 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 12,236, a 5.8 per cent decrease compared to October 2018 (12,984) and a nine per cent decrease compared to September 2019 (13,439).

For all property types, the sales-to-active listings ratio for October 2019 is 23.4 per cent. By property type, the ratio is 17.3 per cent for detached homes, 26.2 per cent for townhomes, and 29 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.


“The recent uptick in home sales is moving us into a more historically typical market,” Smith said. “Both sale and listing activity is trending around our long-term averages in recent months.”


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $992,900. This represents a 6.4 per cent decrease from October 2018, a 1.7 per cent decrease over the past six months, and a 0.2 per cent increase compared to September 2019.


Sales of detached homes in October 2019 reached 938, a 47.3 per cent increase from the 637 detached sales recorded in October 2018. The benchmark price for a detached home is $1,410,500. This represents a 7.5 per cent decrease from October 2018, a 1.3 per cent decrease over the past six months, and a 0.3 per cent increase compared to September 2019.


Sales of apartment homes reached 1,384 in October 2019, a 40.5 per cent increase compared to the 985 sales in October 2018. The benchmark price of an apartment home is $652,500. This represents a 5.9 per cent decrease from October 2018, a 2.2 per cent decrease over the past six months, and a 0.2 per cent increase compared to September 2019.


Attached home sales in October 2019 totalled 536, a 55.8 per cent increase compared to the 344 sales in October 2018. The benchmark price of an attached home is $771,600. This represents a 5.8 per cent decrease from October 2018, a 0.4 per cent decrease over the past six months, and a 0.5 per cent increase compared to September 2019.



GET THE FULL REPORT

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Please visit our Open House at 7923 LIMEWOOD PL in Vancouver.
Open House on Sunday, November 3, 2019 2:00PM - 4:00PM
THIS IS IT! Bare land strata offers an Oasis in the City with low maintenance fees. As you enter through a beautiful English Garden Front Yard with a sitting area for your morning coffee, you come to an ivy laced iron gate through your private entrance. The main floor offers new floors, a gas fireplace in the living and dining rooms with new skylights, the renovated kitchen walks out to a private deck that leads to a beautifully landscaped back garden. The Family room with its large windows also walks out to a large deck overlooking the backyard and garden storage shed. The upstairs offers a Master Suite with its own sitting nook, 2 other bedrooms and one being a loft style. Upgraded to hot water on demand. Great Square footage excellent value a must see! Open House Sunday Nov 3rd 2-4
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I have sold a property at 10 19525 73 AVE in Surrey.
The finest location in Uptown 2 with the largest family sized yard and on a corner lot. This beautiful unit has an over sized footprint that gives you the feel of living in a house. The inside is finished with an elegant touch, with quartz counter tops, beautiful laminate, 9' ceilings and so much more. This home is a must see with the flex room on the lower level with a private entrance, three bedrooms up and patios and balconies. Extra features include a state of the art security system, built in vacuum, laminate staircases, side by side 2 car garage and beautiful electric fireplace. The bonus side yard is the true gem that offers privacy and spacious living. This home is the highlight of the development.
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I have listed a new property at 7923 LIMEWOOD PL in Vancouver.
THIS IS IT! Detached Town house strata offers an Oasis in the City on the best street in the very popular WOODLANDS complex. As you enter through a beautiful English Garden Front Yard with a sitting area for your morning coffee, you come to an ivy laced iron gate through your private entrance. The main floor offers new floors, a gas fireplace in the living and dining rooms with new skylights, the renovated kitchen walks out to a private deck that leads to a beautifully landscaped back garden. The Family room with its large windows also walks out to a large deck overlooking the backyard and garden storage shed. The upstairs offers a Master Suite with its own sitting nook, 2 other bedrooms and one being a loft style. Great Square footage excellent value a must see!
Read full post

Please visit our Open House at 7923 LIMEWOOD PL in Vancouver.
Open House on Sunday, October 13, 2019 2:00PM - 4:00PM
THIS IS IT! Detached Town house strata offers an Oasis in the City on the best street in the very popular WOODLANDS complex. As you enter through a beautiful English Garden Front Yard with a sitting area for your morning coffee, you come to an ivy laced iron gate through your private entrance. The main floor offers new floors, a gas fireplace in the living and dining rooms with new skylights, the renovated kitchen walks out to a private deck that leads to a beautifully landscaped back garden. The Family room with its large windows also walks out to a large deck overlooking the backyard and garden storage shed. The upstairs offers a Master Suite with its own sitting nook, 2 other bedrooms and one being a loft style. Great Square footage excellent value a must see! Open House Sun Oct 13 2-4
Read full post


The September 2019 Market stats are out and available for download. You get the following graphs and charts for bothVancouver 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.


DOWNLOAD VANCOUVER EAST


DOWNLOAD VANCOUVER WEST

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Debra Klassen
Cell: 604-908-2352
Office: 604-263-2823
Fax: 604-263-1057
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.