For all premium real estate services.Contact Maria Mak.Burnaby Realtor.@ 604.839.6368
By Maria Mak - Sut... on February 23, 2013 - 11:39am

Price has just been reduced to $259,000, please drop by my open house this Sat/Sun Feb2nd/3rd 2-4PM
VANCOUVER, BC – Residential property sales in Greater Vancouver remained at a 10-year low in July, while the number of properties being listed for sale continued to edge down and prices remained relatively stable.
The Real Estate Board of Greater Vancouver (REBGV) reports that there were 2,098 residential property sales of detached, attached and apartment properties in July. That’s an 18.4 per cent decline compared to the 2,571 sales in July 2011 and an 11.2 per cent decline compared to the previous month’s 2,362 sales.
July sales were the lowest total for that month in the region since 2000. They were 31.2 per cent below the 10-year July sales average of 3,051.
“People appear to be cautious about making significant financial decisions right now. While our local economy appears to be quite robust, there may be some concern about the impact of international markets and the federal government’s tightening of mortgage regulations,” says Eugen Klein, REBGV president.
Technology has been a driving force behind the transformation of many industries. While real estate remains a people business, consumers today have access to scores of information that can help them find an property, a REALTOR® and connect all the dots in between.
Purchasing a home will likely be the most important buying decision you’ll ever have to make so it is important to do your own research, understand your rights and find professionals that you are most comfortable working with.
If you’re deciding whether to buy or sell a home, it’s critical that you understand and properly assess your personal and financial circumstances against current housing opportunities.
The REALTORS® of Canada and other real estate professionals have provided a wealth of information online to help you understand what opportunities are out there for you and your family to consider.
When someone asks how house prices are doing in a particular neighbourhood, the question seems easily answered.
The big real estate boards all issue monthly price reports that spell out what the average selling price was in the previous month and how that compares to the month, and the year, before.
But there's a problem with trying to divine market direction from average price data. It's just too blunt a tool.
If real estate — as the saying goes — is really about "location, location, location," then average prices frequently don’t capture the reality of what's going on in a particular city or neighbourhood.
Calculating the average house price is as simple as adding up the prices realized for all home sales in a particular month and dividing by the number of sales. The problem with that metric begins to emerge, however, when one or more parts of the housing market don't act in tandem with all the other segments, as they seldom do.
The average price is the figure obtained by dividing the total dollar volume of sales in a given period by the number of sales.
When someone asks how house prices are doing in a particular neighbourhood, the question seems easily answered.
The big real estate boards all issue monthly price reports that spell out what the average selling price was in the previous month and how that compares to the month, and the year, before.
But there's a problem with trying to divine market direction from average price data. It's just too blunt a tool.
If real estate — as the saying goes — is really about "location, location, location," then average prices frequently don’t capture the reality of what's going on in a particular city or neighbourhood.
Calculating the average house price is as simple as adding up the prices realized for all home sales in a particular month and dividing by the number of sales. The problem with that metric begins to emerge, however, when one or more parts of the housing market don't act in tandem with all the other segments, as they seldom do.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 p
The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sales in June 2011 and a 17.2 per cent decline compared to the 2,853 sales in May 2012.
June sales were the lowest total for the month in the region since 2000 and 32.2 per cent below the 10-year June sales average of 3,484.
“Overall conditions have trended in favour of buyers in our marketplace in recent months,” Eugen Klein, REBGV president said. “This means buyers are facing less competition and have more selection to choose from compared to earlier in the year.”
New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,617 in June. This represents a 3 per cent decline compared to June 2011 when 5,793 properties were listed for sale on the MLS® and an 18.9 per cent decline compared to the 6,927 new listings reported in May 2012.
This fully renovated (from the studs to the concrete foundation flooring in 2009), meticulously well kept and tastefully decorated character home is situated on a corner view lot in Sunny South Slope area near Metrotown.
This is a spacious 2000 plus sq. ft. living area with four bedrooms and two full ensuites. It includes an in-law basement suite with separate entrance.
Gourmet kitchen features designer granite countertops, stainless steel appliances, centre cooking island, tons of storage and cupboard space. Spend a sunny afternoon on the partly enclosed sun deck (off the dining room) overlooking the panoramic southerly view of Mt. Baker and Richmond.