View this recently sold Townhouse or see all my home sales

“Activity in June marked a healthy balance between the near record setting pace of June 2009 and the considerably slower activity witnessed in June 2008, a period of recession as we all know,” Jake Moldowan, REBGV president said.

Compared to June 2008, last month’s sales represent a 22.6 percent increase over the 2,425 sales recorded that month, but are 30 percent less than the 4,244 sales in June 2007. June 2010 sales also represent a 5.8 percent decline compared to the previous month’s sales totals.

“We didn’t experience any record-breaking activity in June, but we did see a stable summer market,” Moldowan said. “The number of new listings coming on the market is not as dramatic as we saw over the previous three months and demand remains at a healthy level for this traditionally quieter time of year.”

New listings for detached, attached and apartment properties totalled 5,544 in June 2010, a 3.2 percent increase compared to June 2009 when 5,372 new units were listed, and a 21 percent decline compared to May 2010 when 7,014 properties were added to the MLS®.

At 17,564, the total number of property listings on the MLS® increased 1.2 percent in June compared to last month, and is up 32 percent compared to this time last year.

“There has been less upward pressure on prices in our market the last few months, which has allowed prices to ease back from the record high numbers seen in April,” Moldowan said.

Over the last 12 months, the overall MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 11.8 percent to $580,237 from $518,855 in June 2009.

Sales of detached properties in June 2010 reached 1,139, a decrease of 31.7 percent from the 1,667 detached sales recorded in June 2009 and a 24.1 percent increase from the 918 units sold in June 2008. The benchmark price for detached properties increased 13.4 percent from June 2009 to $795,025.

Sales of apartment properties reached 1,258 in June 2010, a decline of 29.7 percent compared to the 1,790 sales in June 2009 and an increase of 19 percent compared to the 1,057 sales in June 2008.The benchmark price of an apartment property increased 9.7 percent from June 2009 to $391,528.

Attached property sales in June 2010 totalled 575, a decline of 28.3 percent compared to the 802 sales in June 2009 and a 27.8 percent increase from the 450 attached properties sold in June 2008. The benchmark price of an attached unit increased 11.6 percent between June 2009 and 2010 to $492,861.

View this recently sold Commercial Drive condo or see all my home sales

Expansive views of Mt. Baker to the city, from this spacious 2 bedroom suite. This sunny southwest corner suite offers 2 large balconies, brand new kitchen cabinets and counters and an updated bathroom. The bedrooms are both a good size and nicely separated for privacy. The sought after Boundary View complex is Bosa built and recent upgrades include roof membrane, pipes, balconies, boilers, and exterior paint. The suite comes with one underground parking stall and storage locker. All this in a great neighborhood, just one block to Kootenay Loop transit, and steps to the shops and cafes of Vancouver Heights. First Open Sunday July 4th, 2 to 4.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Fairview VW Condo for sale.

As always please do not hesitate to give me a call at 604-263-2823 if I can answer any questions before the open house, or if you would like to book a private showing.

Jennifer Hill
RE/MAX Real Estate Services

Please come with any questions you may have. In the meantime you can take a virtual tour of this Fairview VW Condo for sale.

As always please do not hesitate to give me a call at 604-263-2823 if I can answer any questions before the open house, or if you would like to book a private showing.

Jennifer Hill
RE/MAX Real Estate Services

TOP FLOOR Northwest corner 1 bedroom and real Den! This suite offers lots of natural light and a gorgeous expansive view of the North shore mountains. The den has a large "view" window and is easily big enough for a child's bedroom, small guest room or great home office/studio. The over sized 100sf balcony is great for entertaining or just taking in the view. This building is well-maintained with a pro-active strata, and pets and rentals are allowed. Enjoy this Mount Pleasant location just a block to transit and close to SOMA, the new community centre and Vancouver Community College.

View this recently sold Condo or see all my home sales

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 percent compared to the 3,524 sales in May 2009; 5.1 percent more than the 3,002 sales in May 2008; and 27.1 percent less than the 4,331 sales in May 2007. May 2010 sales also represent a 10.1 percent decline compared to last month’s sales.

In terms of number of property listings, last month marked the third consecutive month during which more than 7,000 homes were listed for sale on the Multiple Listing Service (MLS®) in Greater Vancouver.

New listings for detached, attached and apartment properties totalled 7,014 in May 2010, a 48.2 percent increase compared to May 2009 when 4,733 new units were listed, and an 8.3 percent decline compared to April 2010 when 7,648 properties were added to the MLS®.

At 17,492, the total number of property listings on the MLS® increased 10 percent in May compared to last month, and is up 28.2 percent compared to this time last year.

“Prospective home buyers in today’s market have a broad selection to choose from in every property type. REALTORS® are telling us they’re working with buyers who are not feeling as rushed to make a decision as they did late last year and earlier in the year,” Jake Moldowan, REBGV president said.

Over the last 12 months, the overall MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 16.7 percent to $590,662 from $506,201 in May 2009.

“It’s important for those looking to buy or sell a home to remember that real estate is local and wise real estate decisions are made by those who understand current market conditions at the neighbourhood level,” Moldowan said.

Sales of detached properties in May 2010 reached 1,256, a decrease of 10.4 percent from the 1,402 detached sales recorded in May 2009 and a 4.4 percent increase from the 1,203 units sold in May 2008. The benchmark price for detached properties increased 19.1 percent from May 2009 to $810,175.

Sales of apartment properties reached 1,354 in May 2010, a decline of 7.1 percent compared to the 1,458 sales in May 2009 and an increase of 8.8 percent compared to the 1,244 sales in May 2008.The benchmark price of an apartment property increased 13.9 percent from May 2009 to $398,783.

Attached property sales in May 2010 totalled 546, a decline of 17.8 percent compared to the 664 sales in May 2009 and a 1.6 percent decline from the 555 attached properties sold in May 2008. The benchmark price of an attached unit increased 14.8 percent between May 2009 and 2010 to $500,339.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Fairview VW Condo for sale.

As always please do not hesitate to give me a call at 604-263-2823 if I can answer any questions before the open house, or if you would like to book a private showing.

Jennifer Hill
RE/MAX Real Estate Services

Please come with any questions you may have. In the meantime you can take a virtual tour of this Kitsilano Townhouse for sale.

As always please do not hesitate to give me a call at 604-263-2823 if I can answer any questions before the open house, or if you would like to book a private showing.

Jennifer Hill
RE/MAX Real Estate Services

Please come with any questions you may have. In the meantime you can take a virtual tour of this Kitsilano Townhouse for sale.

As always please do not hesitate to give me a call at 604-263-2823 if I can answer any questions before the open house, or if you would like to book a private showing.

Jennifer Hill
RE/MAX Real Estate Services

Welcome to this 2 level, 2 bed/2 bath townhome on the QUIET side of popular Trafalgar Mews. This private & cozy suite has a large fenced patio opening from the living room, perfect for outdoor entertaining. The open plan living room has gas fireplace & floor to ceiling windows & flows nicely to the dining area & large kitchen. There is also a bathroom conveniently located on this level. Upstairs are 2 bright bedrooms, nicely separated & full bathroom. Private storage locker is located by your front door, one underground parking also included. Trafalgar Mews is a fully rainscreened complex just steps to everything Kitsilano offers! One pet welcome.

Comfortable, North Facing, 2 bedroom suite with lots of recent updates; new kitchen, new bathroom, new engineered h/w floors, paint, etc. Rainscreened building (2002), has new roof (2007), is pet friendly and 1/2 block from East Van's lifestyle mecca, Commercial Drive. In-suite storage and 1 underground parking space included. Did I mention this location is ground zero for fantastic restaurants, shopping, lifestyle and public transit? 1st Showing April 22nd 5-6pm.

This suite is truly special! Great view, vaulted ceilings, huge skylight, and terrific South Granville location. Recently renovated with taste and flair. Engineered hardwood floors throughout. Kitchen includes stainless appliances, fresh white cabinets, Corian countertops, and glass tile back splash. Bathroom is completely updated and includes soaker tub. The living room offers vaulted ceiling and skylight for exceptional natural light and opens onto large balcony with wonderful mountain view. Enjoy the convenience of insuite laundry and good storage. The pro-active building has had many recent improvements including new roof, hallways, outside walkways, landscaping and more. Just a block to everything S Granville offers.

View this recently sold Mount Pleasant condo or see all my home sales

View this recently sold West End Condo or see all my home sales

Fantastic KITS location! Fabulous ground floor 1 bdrm condo in "Maple Gardens". Smart floorplan w/ no wasted space. Lrg south facing patio to enjoy the sun & entertaining. Features include: Total reno'd in 2006, new paint, dark laminat e floors throughout, new kitchen including dark cabinets, granite counters & s/s appliances, Bathroom w/ slate floors & raised basin, Insuite front/loading laundry. 1 parking & 1 storage locker. New roof & boiler in 2005. Great location just steps from shopping (4th ave & Broadway), transit, restaurants & kits beach. Pets & Rentals OK. Must see - Call now to view!

We are proud to announce that this Sunday, May 9, 2010, 12:30 PM to 2:00 PM we will be hosting an Open House at 711 6TH Ave , in Picasso in Mount Pleasant VE, Vancouver East. This is an opportunity to visit this excellent Condo for sale in beautiful Mount Pleasant VE.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Mount Pleasant VE Condo for sale.

As always please do not hesitate to give me a call at 604-263-2823 if I can answer any questions before the open house, or if you would like to book a private showing.

Jennifer Hill
RE/MAX Real Estate Services

We are proud to announce that this Sunday, May 9, 2010, 12:30 PM to 2:00 PM we will be hosting an Open House at 711 6TH Ave , in Picasso in Mount Pleasant VE, Vancouver East. This is an opportunity to visit this excellent Mount Pleasant condo for sale in beautiful Mount Pleasant VE.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Mount Pleasant VE Mount Pleasant condo for sale.

As always please do not hesitate to give me a call at 604-263-2823 if I can answer any questions before the open house, or if you would like to book a private showing.

Jennifer Hill
RE/MAX Real Estate Services