Blog by Mike Sjokvist | Real Estate Advisor

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BC Government reduces PTT burden for first-time buyers

February 19th, 2014
Government reduces tax burden on first-time buyers The government of BC recently announced changes to the limits for the First Time Home Buyer Exemption program. Qualified buyers may save on all or part of the Property Transfer Tax (PTT).The PTT is calculated at a rate of one per cent on the first $200,000 and two per cent on the remaining value of the purchase price. Prior to the change, th ...

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January 2014 Greater Vancouver Stats

February 7th, 2014
Steady trends continue in the Greater Vancouver housing market The first month of 2014 saw home sale and listing totals outpace historical averages in the Greater Vancouver housing market. The Real Estate Board of Greater Vancouver reports that residential property sales in Greater Vancouver reached 1,760 on the Multiple Listing Service® (MLS®) in January 2014. This represents a 30.3 per ...

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December Stats for Greater Vancouver

January 3rd, 2014
Metro Vancouver housing market characterized by modest home sale and price increases in 2013 The Greater Vancouver housing market maintained a consistent balance between demand and supply throughout 2013.  The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of homes in 2013 reached 28,524, a 14 per cent increase from the 25,032 sales recorded in 2012, and an 11.9 per ...

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November Stats for Greater Vancouver

December 4th, 2013
Steady trends continue in the Greater Vancouver housing market   Consistent home sale and listing activity has allowed balanced market conditions to prevail in the Greater Vancouver housing market for most of 2013. The Real Estate Board of Greater Vancouver reports that residential property sales in Greater Vancouver reached 2,321 on the MLS® in November 2013. This represents a 37.7 per cen ...

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BosaSPACE : New mini-condos with foldaway walls

November 14th, 2013
A clever design to maximize space in a small apartment.  BosaSPACE:



http://youtu.be/w0GCgZsZfbE
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October Stats for Greater Vancouver

November 6th, 2013
Home buyer and seller activity continues to mirror historical averages in the Greater Vancouver housing market. These trends have helped keep the region in a balanced state for the last nine months. Last month’s sales were 2.8 per cent above the 10-year sales average for the month, while new listings for the month were 1.9 per cent below the 10-year average.“We continue to see fairly typical ...
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September Stats for Greater Vancouver

October 4th, 2013
Home buyer and seller activity in the Greater Vancouver housing market continues to far outpace 2012, yet is in line with the region’s 10-year averages.The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is currently $601,900. This represents a decline of 0.7 per cent compared to this time last year and an increase of 2.3 per cent compared t ...

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OPEN HOUSE - 3510 SUNSET Blvd

September 6th, 2013
Join me for an Open House Saturday Sept 7, 2-4p : 3510 SUNSET Blvd, North Vancouver, British Columbia Absolutely stunning brand new NOORT residence located just steps to Edgemont Village. This 4500+ SF home boasts all high end finishes & attention to detail throughout. The main floor is comprised of a formal living & dining rm, nook, private office, large F/R & a deluxe gourmet kitchen w/sle ...

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August Stats for Greater Vancouver

September 5th, 2013
August activity in the Greater Vancouver housing market finished well above last year’s pace and slightly below the 10-year average for the month. There was a 52.5 per cent increase in sales compared to August 2012, and last month’s sales were 4.6 per cent below the 10-year sales average for the month. “We’ve seen a healthy amount of demand in the marketplace this summer compared to the n ...

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July Stats for Greater Vancouver

August 2nd, 2013
Sales in Greater Vancouver jumped in July.  There were 40% more homes sold in July 2013 compared to July 2012, and 15% more compared to July 2011.  Home prices are down 2.3% from one year ago, and up 2.3% over the last six months.  The sales-to-active-listings ratio rose 2.5% to 17.7%.  This is the 5th consecutive month at 15% or greater.  15-20% is considered a balanced market. For the compl ...
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