Lisa MacIntosh-Vancouver Real Estate Expert
Dexter Associates
Vancouver Home Sweet HomeFeatured ListingsTime to buy or sell in Vancouver
Honesty...integrity...efficiencyHome Sweet Home-Vancouver

 

Lisa MacIntosh - Your Vancouver Real Estate Expert

Specializing in Vancouver Heritage Homes, First Time Buyers and Real Estate Investors looking for great investments in Vancouver.

Let me be your Vancouver real estate expert. I will give you honest, efficient and professional service that helps you in reaching your goals.

Phone: (604) 263-1144
Fax: (604) 263-6699
E-mail: Lisa MacIntosh
Web site: www.lisamacintosh.com

Awarded - MLS Medallion Club Member 2006,2007 & 2008 - Top 10% of Realtors in Greater Vancouver   -     Recent Sales

 
 

OPEN HOUSES THIS WEEK

 

4671 Arthur Drive, Ladner - List Price $649,900

Call for an appointment.

 

 

Green Real Estate
For information about Green Real Estate and how you can make educated environmentally friendly decisions about your home, check out my new Green Living Section for some great Green links. Find out about grants for Green renovations.
Specializing in Commercial Drive / East Vancouver

Looking for the perfect East Vancouver Home? I specialize in the Commercial Drive Real Estate Market as well as many other East Vancouver Neighbourhood. Whether you are looking for a house in Commercial Drive, Grandview,Mount Pleasant, Main Street, Strathcona, Victoria, Fraser, Fraserview, Knight, Cedar Cottage, Renfrew, Renfrew Heights, Hastings or Hastings Sunrise - just give me a call.

What's In the News...
February 20, 2008 - First Time Home Buyers’ Program – Thresholds

Effective for registrations after February 20, 2007, the fair market value threshold for eligible residential property under the First Time Home Buyers' Program is increased and will apply throughout the province. The new threshold will be $425,000 which is increased from $375,000 in all areas of the province. A proportional exemption is provided for eligible residences that have a fair market value of up to $25,000 above the new threshold. Also, there is no longer a requirement for 70% financing. Click here for a guide to the Property Transfer Tax Exemption. For more information: Government of BC

Vancouver Real Estate Market Update - April 2009( Historical Statistics for Real Estate Board )

There is often a lot of confusion, and misinformation about the real estate market in Vancouver. The media likes to create "news", so often, real estate market information is given a sensational "breaking news headline" - that perhaps sometimes misconstrues the facts somewhat.

My attempt with this market update is to give you the facts about what has been happening in the Vancouver market focusing on the Vancouver West Side and Vancouver East Side. Remember, if you need an East Vancouver Realtor or someone equally familiar with the West Side market don't hesitate to call, as I specialize in both Vancouver West Side and East Vancouver Real Estate.

Type of PropertyAREA
Benchmark Price*
1 Year Change %
3 Year Change %
5 Year Change %
DETACHED East Vancouver Houses

$608,174

-12.1%
5.6%
45.0%
Vancouver West Houses

$1,237,674

-14.4 %
11.0%
58.6%
ATTACHEDEast Vancouver
$477,690
-10.0 %
18.5%
57.2%
Vancouver West

$641,206

--12.2%
18.9%
52.7%
APARTMENTEast Vancouver
$294,674
-11.1%
14.2%
65.6%
Vancouver West
$430,318
12.9%
8.6%
40.5%

*BENCHMARK PRICE: Estimated sale price of a benchmark property. Benchmarks represent a typical property within each market.

Click on Graph for Full 30 Year Historic Trend.

Increased demand steadies housing market in Greater Vancouver


VANCOUVER, B.C. – June 2, 2009 – A continued increase in buyer activity over the last four months has resulted in increased home sales and lessened the downward pressure on housing prices in Greater Vancouver.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 3,524 in May 2009, an increase of 17.4 per cent from the 3,002 sales recorded in May 2008, and an increase of 18.9 per cent compared to last month.

Since the beginning of the year, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver has increased 4.5 per cent to $506,201 from $484,211. However, home prices compared to May 2008 levels are down 10.9 per cent.

“The increased level of buyer activity over the last few months has had a stabilizing effect on home prices across our region,” Scott Russell, REBGV president said. “MLS® data continues to show a trend toward a balanced market in the region.”

New listings for detached, attached and apartment properties declined in Greater Vancouver, down 36 per cent to 4,733 in May 2009 compared to May 2008, when 7,390 new units were listed. At 13,641, the total number of property listings on the Multiple Listing Service® (MLS®) declined 4.7 per cent compared to last month and 16 per cent compared to May 2008.

Sales of detached properties increased 16.5 per cent to 1,402 from the 1,203 detached sales recorded during the same period in 2008. The HPI benchmark price for detached properties declined 11.8 per cent from May 2008 to $680,320.

Sales of apartment properties in May 2009 increased 17.2 per cent to 1,458, compared to 1,244 sales in May 2008. The benchmark price of an apartment property declined 10.2 per cent from May 2008 to $349,987.

Attached property sales in May 2009 are up 19.6 per cent to 664, compared with the 555 sales in May 2008. The benchmark price of an attached unit decreased 9 per cent between May 2008 and 2009 to $435,848.

Bright spots in Greater Vancouver in May 2009 compared to May 2008:

Detached:
Burnaby up 48.9 per cent (140 units sold from 94)
Maple Ridge/Pitt Meadows up 13.4 per cent (144 units sold from 127)
North Vancouver up 31.4 per cent (134 units sold from 102)
Port Moody/Belcarra up 52.6 per cent (29 units sold from 19)
Richmond up 14.0 per cent (170 units sold from 142)
Vancouver East up 11.1 per cent (180 units sold from 162)
Vancouver West up 63.4 per cent (232 units sold from 142)

Attached:
Burnaby up 31.5 per cent (96 units sold from 73)
Maple Ridge/Pitt Meadows up 43.8 per cent (46 units sold from 32)
North Vancouver up 31.8 per cent (58 units sold from 44)
Vancouver West up 54.5 per cent (102 units sold from 66)

Apartments:
Burnaby up 32.6 per cent (187 units sold from 141)
North Vancouver up 22.6 per cent (103 units sold from 84)
Richmond up 27.4 per cent (200 units sold from 157)
Vancouver East up 28.7 per cent (139 units sold from 108)
Vancouver West up 25.4 per cent (529 units sold from 422)

The Real Estate Board of Greater Vancouver is an association representing more than 9,500 REALTORS®. The Real Estate Board provides a variety of membership services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.realtylink.org.

Information provided with permission by the Real Estate Board of Greater Vancouver (REBGV)


Lisa MacIntosh Personal Real Estate Corporation - Dexter Associates Realty
Phone: 604-263-1144 Fax: 604-263-6699
Medallion Club Member -
Top 10% of Realtors in Greater Vancouver
email: Lisa MacIntosh Copyright © 2009. All rights reserved.
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