October 2015

It's steamy on the north shore

Posted on Oct 24, 2015



Vancouver's North Shore, West Vancouver and North Vancouver real estate market 'steam' vary according to property type.

The sales-to-active listings ratio in September was
  • 46% for North Vancouver detached homes (29% in January, 42%,in February, 60% in March, 55% in April, 49% in May, 50% in June, 46% in July, 47% in August, and 46% in September),  
  • 13...

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home value gains

Posted on Oct 12, 2015 in North Vancouver Homes



Month after month North Vancouver home prices continue to climb.  End of September the average year-to-date Home Price Index $1,154,438, was up 16% from last year's $991,667!
 
2015 is the first year ever that North Vancouver that the MLS® Home Price Index composite benchmark price for a residential home has been holding monthly over the million dollar...

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Nearly one in six canadian's couldn't handle a $500 mortgage increase

Posted on Oct 07, 2015 in Mortgage misc


According to the bank, 16% of respondents said they would not be able to afford such an increase, while more than a quarter, or roughly 27%, would need to review their budget.

“The ultimate goal of most Canadians should be the elimination of debt, but the first step needs to be getting rid of bad debt,” said Chris Buttigieg, senior manager of wealth...

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accelerated upward trend

Posted on Oct 05, 2015 in West Vancouver Homes



Our MLS® data is significantly more meaningful now that we have the past nine months of 2015 results to compare with 2014.

In West Vancouver, detached number of sales year-to-date for September 31st, 2015 is up by 5% from last year at that time.

YTD average Median price ($2,400,833) of what has sold and House Price Index price ($2,265,500) is up 15...

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