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Market Update for May 2014

Love to Veg Out?

Who doesn't love to veg out sometimes?  I certainly do but that's not quite what I'm talking about here.  A friend of mine has embarked on her first ever Expo on Vegan and Vegetarian Diets.  Whether you're Vegan or Vegetarian or not this will be a great place to learn a little more and get an understanding of why so many people believe in these types of diets.  The main topic of discussion will be on GMOs.  Eat your vegetables! Sunday, June 8th from 10am - 5pm.



So, how's the market?


I'll keep this one short and sweet and quote a few words from the Real Estate Board of Greater Vancouver's President; "Our MLS® statistics tell us that there’s more home buyer demand today than at any point over the last three years,” Ray Harris, REBGV president said. “With sales surpassing the 3,000 mark in May and our sales-to-active-listing ratio exceeding 20 per cent, this is the most active marketplace we’ve seen since the spring of 2011.”

This year the market has been very consistent and we are seeing modest increases in home prices.  Basically, the number of listings are slightly down compared to last year but the number of sales are up which is giving us the balanced market (seller's market in a lot of places/ neighbourhoods/ price points) we have.  

If you have any questions about the market or would like to join my E-Market Updates Newsletter please contact me.

As always if you or someone you know are planning a move I'd love the opportunity to chat!


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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.