Monday, April 30, 2012

NEW LISTING! Regent's Gate by Polygon 2 Bedroom 2 Bathroom Condo in Brighouse South, Richmond BC

#107 - 8975 Jones Road Richmond BC V6 3Y7 Canada

RICHMOND BC APARTMENTS/CONDOS
VANCOUVER BC REAL ESTATE FOR SALE
House | Townhouse | Apartments/Condos | Real Estate
Richmond | Vancouver | Ladner | Tsawwassen 

Welcome! Thank you for visiting my blog. We specialize in the purchase and sale of residential housing in Richmond, British Columbia. Whether you are relocating within Richmond, searching for an investment property, or leaving Richmond for another area, my experience can help you make the right decisions. Please contact us or take your time exploring my blog and make use of the resources available to you.

Please visit: 

http://www.michaelcowling.com or
http://www.michaelcowling.com/107-8975-jones-road-richmond-v6y-3y7-canada/ for more information!
Call Michael Cowling at 604-276-2335 or email him at mc@michaelcowling.com for showings!

Property Information:
Sub Area: Brighouse South
MLS® No. V945575
Bedrooms: 2
Bathrooms: 2
Total sq.ft.: 1,239

Description:
REGENT'S GATE by Polygon 2 bed 2 bath on south east corner with huge 600+ square foot balcony. Large kitchen with eating area, newer cabinets and countertops, crown moldings, laminate flooring, gas fireplace, in side by side suite laundry, huge ensuite with soaker tub, separate shower and 2 sinks. Large walk-in closet. Tones of storage and extra storage locker with secured parking. Gated adult 19+ community with extensive facilities including a pub, pool table darts, activity room, exercise room, Jacuzzi, two guest suites, workshop, lounge, sunroom & outdoor patios. Pet friendly. Strata Fee includes heat, hot water, gas & sewer. Building has been rain screened and has a newer roof.
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RE/MAX Michael Cowling And Associates Realty - Serving Richmond, Vancouver, Ladner, and Tsawwassen

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Wednesday, April 4, 2012

Increased selection helps maintain balance in Greater Vancouver housing market

Home sales in March trended below the 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,874 on the Multiple Listing Service® (MLS®) in March 2012. This represents a 12.9 per cent increase compared to the 2,545 sales recorded in February 2012, a decline of 29.6 per cent compared to the 4,080 sales in March 2011 and an 8.4 per cent decline compared to the 3,137 home sales in March 2010.

March sales in Greater Vancouver were the second lowest total for the month in the region since 2002 and were 16.8 per cent below the 10-year sales average for the month.

Home sellers have been more active than buyers the first few months of the year, but we continue to see a relative balance in the total supply of homes for sale and current demand in the marketplace.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,843 in March 2012. This represents a 5.2 per cent increase compared to February when 5,552 homes were listed and a 14 per cent decline compared to March 2011 when 6,797 homes were listed for sale on the region’s MLS®.

Last month’s new listing total was 4.5 per cent above the 10-year average for listings in Greater Vancouver for March.

At 15,236, the total number of residential property listings on the MLS® increased 8.4 per cent in March compared to last month and increased 16 per cent from this time last year.

The total number of properties for sale in Greater Vancouver has increased each month since December, which means there’s more selection to choose from as we enter what’s traditionally the busiest season of the year in our market.

The MLS® HPI benchmark price for all residential properties in Greater Vancouver currently sits at $679,000, up 5.3 per cent compared to March 2011 and an increase of 1.1 per cent compared to February 2012. The benchmark price for all residential properties in the Lower Mainland is $607,700, an increase of 4.8 per cent compared to March 2011.

Sales of detached properties on the MLS® in March 2012 reached 1,183, a decline of 34.1 per cent from the 1,795 detached sales recorded in March 2011, and an 11.5 per cent decrease from the 1,336 units sold in March 2010. The benchmark price for detached properties increased 9.2 per cent from March 2011 to $1,056,400.

Sales of apartment properties reached 1,191 in March 2012, a decline of 26.6 per cent compared to the 1,622 sales in March 2011, and a decrease of 4.9 per cent compared to the 1,252 sales in March 2010.The benchmark price of an apartment property increased 2.2 per cent from March 2011 to $375,100.

Townhome property sales in March 2012 totalled 500, a decline of 24.6 per cent compared to the 663 sales in March 2011, and an 8.9 per cent decrease from the 549 townhome properties sold in March 2010. The benchmark price of a townhome unit increased 0.9 per cent between March 2011 and 2012 to $480,900.

Source Real Estate Board of Greater Vancouver