I just sold this House at 4153 Dundas Street, Burnaby, BC Vancouver Heights.

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We are proud to announce that this Sep 26th, 2:00 PM to 4:00 PM we will be hosting an Open House at 4153 Dundas Street in the Vancouver Heights neighborhood, Burnaby. This is an opportunity to visit this excellent House for sale in beautiful Vancouver Heights.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Vancouver Heights House for sale.

As always please do not hesitate to give me a call at 604-728-8017 if I can answer any questions before the open house, or if you would like to book a private showing.

Geordie Moski
Prudential Sterling Realty

I just sold this Townhouse at 5 1203 MADISON Ave, Burnaby North, British Columbia .

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I just sold this Condo at 107 1755 SALTON Road, Abbotsford, British Columbia .

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Activity steady to start the summer season

The Greater Vancouver housing market experienced steady activity to begin the summer season.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,972 in June 2010, a decline of 30.2 per cent compared to the 4,259 sales in June 2009, which was the second highest selling June on record.

“Activity in June marked a healthy balance between the near record setting pace of June 2009 and the considerably slower activity witnessed in June 2008, a period of recession as we all know,” Jake Moldowan, REBGV president said.

Compared to June 2008, last month’s sales represent a 22.6 per cent increase over the 2,425 sales recorded that month, but are 30 per cent less than the 4,244 sales in June 2007. June 2010 sales also represent a 5.8 per cent decline compared to the previous month’s sales totals.

“We didn’t experience any record-breaking activity in June, but we did see a stable summer market,” Moldowan said. “The number of new listings coming on the market is not as dramatic as we saw over the previous three months and demand remains at a healthy level for this traditionally quieter time of year.”

New listings for detached, attached and apartment properties totalled 5,544 in June 2010, a 3.2 per cent increase compared to June 2009 when 5,372 new units were listed, and a 21 per cent decline compared to May 2010 when 7,014 properties were added to the MLS®.

At 17,564, the total number of property listings on the MLS® increased 1.2 per cent in June compared to last month, and is up 32 per cent compared to this time last year.

“There has been less upward pressure on prices in our market the last few months, which has allowed prices to ease back from the record high numbers seen in April,” Moldowan said.

Over the last 12 months, the overall MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 11.8 per cent to $580,237 from $518,855 in June 2009.

Sales of detached properties in June 2010 reached 1,139, a decrease of 31.7 per cent from the 1,667 detached sales recorded in June 2009 and a 24.1 per cent increase from the 918 units sold in June 2008. The benchmark price for detached properties increased 13.4 per cent from June 2009 to $795,025.

Sales of apartment properties reached 1,258 in June 2010, a decline of 29.7 per cent compared to the 1,790 sales in June 2009 and an increase of 19 per cent compared to the 1,057 sales in June 2008.The benchmark price of an apartment property increased 9.7 per cent from June 2009 to $391,528.

Attached property sales in June 2010 totalled 575, a decline of 28.3 per cent compared to the 802 sales in June 2009 and a 27.8 per cent increase from the 450 attached properties sold in June 2008. The benchmark price of an attached unit increased 11.6 per cent between June 2009 and 2010 to $492,861

I just sold this Condo at 206 9202 Horne Street, Burnaby, BC .

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May market offers buyers greater selection

The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,156 in May 2010, a decline of 10.4 per cent compared to the 3,524 sales in May 2009; 5.1 per cent more than the 3,002 sales in May 2008; and 27.1 per cent less than the 4,331 sales in May 2007. May 2010 sales also represent a 10.1 per cent decline compared to last month’s sales.

In terms of number of property listings, last month marked the third consecutive month during which more than 7,000 homes were listed for sale on the Multiple Listing Service (MLS®) in Greater Vancouver.

New listings for detached, attached and apartment properties totalled 7,014 in May 2010, a 48.2 per cent increase compared to May 2009 when 4,733 new units were listed, and an 8.3 per cent decline compared to April 2010 when 7,648 properties were added to the MLS®.

At 17,492, the total number of property listings on the MLS® increased 10 per cent in May compared to last month, and is up 28.2 per cent compared to this time last year.

“Prospective home buyers in today’s market have a broad selection to choose from in every property type. REALTORS® are telling us they’re working with buyers who are not feeling as rushed to make a decision as they did late last year and earlier in the year,” Jake Moldowan, REBGV president said.

Over the last 12 months, the overall MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 16.7 per cent to $590,662 from $506,201 in May 2009.

“It’s important for those looking to buy or sell a home to remember that real estate is local and wise real estate decisions are made by those who understand current market conditions at the neighbourhood level,” Moldowan said.

Sales of detached properties in May 2010 reached 1,256, a decrease of 10.4 per cent from the 1,402 detached sales recorded in May 2009 and a 4.4 per cent increase from the 1,203 units sold in May 2008. The benchmark price for detached properties increased 19.1 per cent from May 2009 to $810,175.

Sales of apartment properties reached 1,354 in May 2010, a decline of 7.1 per cent compared to the 1,458 sales in May 2009 and an increase of 8.8 per cent compared to the 1,244 sales in May 2008.The benchmark price of an apartment property increased 13.9 per cent from May 2009 to $398,783.

Attached property sales in May 2010 totalled 546, a decline of 17.8 per cent compared to the 664 sales in May 2009 and a 1.6 per cent decline from the 555 attached properties sold in May 2008. The benchmark price of an attached unit increased 14.8 per cent between May 2009 and 2010 to $500,339.

I just finished uploading this House for sale, 823 EIGHTH Ave, New Westminster, British Columbia

Beautiful family home needs new family. Spacious and comfortable, with hidden hardwood floors, this solid home has two or three bedrooms upstairs, a large living room and dining room with a kitchen for the whole family. Downstairs has lots of possibilities from more space for the family to a 1 or 2 bedroom mortgage helper. Big yard allows for plenty of outdoor fun, home is located near Parks and Schools for the kids and Shopping and Business for Mom and Dad. And Public Transit is nearby. Electrical was upgraded 12 yrs ago, 9 yr old Furnace, 2 yr old hot water tank and topped off by a 4 yr old roof. Call today for your private viewing of this wonderful opportunity, don't delay!!

I just sold this Condo at PH 5 7383 Griffiths Drive, Burnaby, BC .

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We are proud to announce that this Saturday, April 10, 2010, 2:00 PM to 4:00 PM we will be hosting an Open House at 7383 Griffiths Drive , in Eighteen Trees in Highgate, Burnaby. This is an opportunity to visit this excellent Condo for sale in beautiful Highgate.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Highgate Condo for sale.

As always please do not hesitate to give me a call at 604-728-8017 if I can answer any questions before the open house, or if you would like to book a private showing.

Geordie Moski
Prudential Sterling Realty

I just sold this Condo at 304 620 EIGHTH Ave, New Westminster, British Columbia .

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I just finished uploading this Condo for sale, 314 7383 Griffiths Drive, Burnaby, BC

I just sold this Townhouse at 16 1203 MADISON Ave, Burnaby North, British Columbia .

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I just finished uploading this House for sale, 4666 Napier Street, Burnaby, BC

I just finished uploading this Condo for sale, 405 7383 Griffiths Drive, Burnaby, BC

I just sold this Condo at 207 1755 Salton Road, Abbotsford, BC .

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I just sold this Condo at 309 1755 Salton Road, Abbotsford, British Columbia .

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I just sold this Townhouse at 50 12711 64TH Ave, Surrey, British Columbia .

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We are proud to announce that this Sunday, December 13, 2009, 2:00 PM to 4:00 PM we will be hosting an Open House at 12711 64TH Ave in West Newton, Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful West Newton.

Please come with any questions you may have. In the meantime you can take a virtual tour of this West Newton Townhouse for sale.

As always please do not hesitate to give me a call at 604-728-8017 if I can answer any questions before the open house, or if you would like to book a private showing.

Geordie Moski
Prudential Sterling Realty

I just sold this House at 3555 28TH Ave, Vancouver East, British Columbia .

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