Blog by Geordie Moski

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REBGV April 2011 Stats

May 17th, 2011

Greater Vancouver housing market sees typical spring activity in April

Greater Vancouver saw a typical, solid month of residential home sales on the Multiple Listing Service® (MLS®) in April, in contrast to the near record pace witnessed in the two preceding months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment p ...

REBGV March 2011 Stats

April 6th, 2011

March Stats

Home buyers and sellers enter the housing market at near record pace in March

Activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detach ...

REBGV February 2011 Stats

March 2nd, 2011

REBGV reports increased housing demand in February

Demand for detached homes continues to be strong across Greater Vancouver, with particularly high sales volumes occurring in Richmond and Vancouver Westside.

For the past two months, the number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) in Greater Vancouver outpaced the 10-year average in both categor ...

REBGV January 2011 Stats

February 2nd, 2011

Stability and regional ‘hot spots’ characterize January housing market

The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the region’s largest communities.

The number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) last month outpaced the 10-year average in bot ...

Record Home Prices for 2010

January 13th, 2011

 

For immediate release

Record Home Prices for 2010

 

Vancouver, BC – January 13, 2011.

"Tighter credit conditions and expended pent-up demand curbed home sales during the first half of 2010," said Cameron Muir, BCREA Chief Economist. "However, low mortgage interest rates and improved economic conditions buoyed home sales in the latter half of the year." MLS® residential unit sales declined ...

Property Taxes 101

January 13th, 2011

What are property taxes?
An annual local government tax levied on real property based on BC Assessment’s estimated market value. Local governments calculate the tax by dividing the annual budget by total assessed property values. In rural areas, the province assigns the tax rate. Rates vary among property classes: residential, business, light and heavy industry, farm, recreation, utility and ...

BC Property Assessments

January 11th, 2011
Property owners throughout BC received their Property Assessment Notice the first week of January. This notice is BC Assessment’s (BCA) estimate of a property’s value as of July 1, 2010.

BC Assessment is the BC government agency responsible for determining and reporting property value estimates.
 
“The majority of homes in Metro Vancouver are worth more on this year’s assessment roll than the ...

REBGV December 2010 Statistics

January 9th, 2011

Real estate market stable at year-end

The Greater Vancouver residential housing market entered three distinctive phases in 2010. Continued buoyancy from the post-recession recovery began the year, followed by a summer lull and, throughout the fall, a sustained period of stability.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment p ...

REBGV June 2010 Statistics

July 6th, 2010

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 reco ...

REBGV Stats

June 4th, 2010

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 20 ...

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