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Blog › February 2012

Recently Sold Listing 4263 NORDBY PL, North Vancouver, BC


V933077 - 4263 NORDBY PL, North Vancouver, BC, CANADAI have just recently sold this House at 4263 NORDBY PL, North Vancouver.

NEW HOME BUYERS BONUS


BC FIRST TIME NEW HOME BUYERS BONUS

Lately I've had numerous clients who have mentioned that they would like to help their children buy a home.  In its 2012 Budget announced on February 21, 2012, the Provincial Government offered a temporary one-time refundable personal income tax credit worth up to $10,000.  For details:

http://www.bcbudget.gov.bc.ca/2012/homebuyers/2012_First_Time_Home_Buyers_Fact_Sheet.pdf



New Listing 4263 NORDBY PL, North Vancouver, BC


V933077 - 4263 NORDBY PL, North Vancouver, BC, CANADAView my new House for sale SOLD at 4263 NORDBY PL, North Vancouver and currently listed at $925,000.SOLD

Family favoured in Lynn Valley! This 1 owner home has been pampered. It features spacious comfortable room sizes, updated kitchen with eating area & money saving thermo windows. The massive rec room is perfect for rambunctious kids on rainy days. Parents can rest assured knowing the safety of the quiet C-D-S. The flat fully fenced yard is ideal for soccer games in the back yard. There's even space for your RV on the lane allowance.

See the Pixilink 360° Virtual Tour for this House

Desirable Edgemont


The appetite for land in the Edgemont Village area is robust!

Lots and land with older houses are receiving multiple offers. Specific houses on St. Annes, Highland, Trenton and Vale sold in mere days. Listed between $829,000 and $1,150,000 they went for asking price and over asking, proving that ‘The Village’ is still a highly desired area.



Market Report for January 2012


Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market

VANCOUVER, B.C. – February 6, 2012  Greater Vancouver home sellers were more active than buyers in January and overall home prices, according to the new MLS® Home Price Index (MLS® HPI), continued to experience more stability and less fluctuation compared to the beginning of 2011.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,577 on the Multiple Listing Service® (MLS®) in January 2012. This represents a 4.9 per cent decrease compared to the 1,658 sales recorded in December 2011, a decrease of 13.3 per cent compared to the 1,819 sales in January 2011 and an 18 per cent decline from the 1,923 home sales in January 2010.

 January sales in Greater Vancouver were the second lowest January total in the region since 2002, though only 146 sales below the 10-year average.

 “We’re seeing trends emerge in our market that favour buyers, such as increased selection and more stability in pricing compared to this time last year,” Rosario Setticasi, REBGV president said. “Last month’s activity tells us that competition amongst home buyers was reduced in January, which means that individuals looking to purchase a home had more time to do their homework, consult with their REALTOR®, and make a decision.”

 New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,756 in January. This represents a 19.9 per cent increase compared to the 4,801 new listings reported in January 2011, and a 253.3 per cent increase compared to the 1,629 new listings reported in December 2011.

 Last month’s new listing count was the highest January total in Greater Vancouver since 1995.

 The total number of properties currently listed for sale on the Greater Vancouver MLS® is 12,544, a 12.5 per cent increase compared to December 2011 and an increase of 20.2 per cent compared to January 2011.

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