Blog by Mike Sjokvist | Real Estate Advisor

BC Real Estate Association's take on next few years

January 30th, 2013
Home sales are forecast to increase this year and next, with average prices dropping slightly in 2013 and crawling higher in 2014, the British Columbia Real Estate Association said Wednesday. The association’s latest forecast calls for a 5.6-per-cent increase in the number of sales in 2013 and a further 6.1-per-cent increase in 2014, after the number of sales fell 11.8 per cent in 2012. In M ...

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Posted in General

15 3300 MT SEYMOUR Parkway, North Vancouver, British Columbia

January 22nd, 2013
I just finished uploading this Townhouse for sale, 15 3300 MT SEYMOUR Parkway, North Vancouver, British ColumbiaQuality & attention to detail defines Northlands terrace, a brand new golf course-resort like complex mix of large & smaller townhomes, & condos ranging in size from 1 bed & den to spacious 3 bedrooms. Built to LEED standards, with engineered H/W floors, granite countertops, S/S ap ...

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Posted in Listings

Experts say Canadian real estate market will stagnate, not crash.

January 15th, 2013
Waiting on Canada’s real estate market to collapse before buying in? Well, guess what? According to a recent article in the Financial Post, stubborn sellers may prevent that from happening. As the Post notes, Urbanation Inc. says preliminary condo results for 2012′s fourth quarter show prices are down 0.8 per cent in Toronto year-over-year while Canada-wide home prices were also down 0.8 per ...

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Posted in General

2012 Greater Vancouver home sales down 22.7% from 2011... But average sales price only down 2.3% in the past year.

January 3rd, 2013
The Greater Vancouver housing market experienced below average home sale totals, typical home listing activity and modest declines in home prices in 2012.The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2012 reached 25,032, a 22.7 per cent decline from the 32,387 sales recorded in 2011, and an 18.2 per cent decreas ...

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Posted in General

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