It is rare to put a property out in the market, receive multiple bids & get more than what you expect. Sales have dropped about 10.% from May 2009 and prices are starting slide downward as the number of properties in the market increase steadily. It clearly indicates that we are moving into a buyers' market.
Top reasons why properties don't sell:
HST...its coming. Accept it!
BC HST comes into effect on July 1st 2010 and many new home buyers may have second thoughts about purchasing a new property in BC. But did you know that HST is only payable on brand new properties i.e. properties that have never been registered in the land titles office or never been transferred out of the ownership of the builder or the builder developer.
As ...
I just sold this Condo at 804 39 6TH Street, New Westminster, British Columbia .
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I just sold this Condo at 1106 1277 NELSON Street, Vancouver West, British Columbia .
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I just sold this Condo at 202 222 Templeton, Vancouver, BC .
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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 2009; 5.1 per cent more than the 3,002 sales ...
I just sold this Condo at 1703 1816 HARO Street, Vancouver West, British Columbia .
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I just sold this House at 3435 GARDEN Drive, Vancouver East, British Columbia .
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I just sold this Condo at 206 3921 CARRIGAN Court, Burnaby North, British Columbia .
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The Greater Vancouver housing market experienced increased activity in April thanks to a steady balance of home buyers and sellers entering the marketplace.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,512 in April 2010, the fifth highest-selling April on record. The figure represents an increase of 18.5 per cent c ...