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Local economists have stated that the real estate market in 2014 should become relatively stable, as it calms from the rebound in sales of 2013.
In Metro Vancouver, the communities covered by the Real Estate Board of Greater Vancouver saw a 14-per-cent gain in 2013 showing 28,524 sales, compared to the 25,032 sales of 2012.
Central 1 Credit Union predicts that for 2014, property sales in Metro Vancouver are to increase by six per cent, mortgage rates will increase slightly but remain low, and employment growth will continue as the economy improves in the United States.
Overall, a quiet 2013 has resulted in a net balanced market between buyers and sellers for the year – continuing on into 2014.
For the complete article, please click on the link below:
Vancouver Sun – January 4th, 2014
Featured Listings
Fawn Bluff,
Bute Inlet
$28,800,000
Four Hearts Ranch,
South Cariboo
$23,800,000
1143 Highway 3,
Okanagan
$8,700,000
Seven Stones Winery – 1143 Hwy 3,
Okanagan
$8,700,000
4235 West 29th Avenue,
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$7,380,000
4572 West 3rd Avenue,
Vancouver West
$6,998,000
Butedale Bay,
Princess Royal Island
$6,200,000
The River House Estate,
Telkwa
$4,998,000
3823 West 11th Avenue,
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$3,788,000
8596 Squilax-Anglemont Road,
North Shuswap
$3,280,000
301 – 2102 West 48th Avenue,
Vancouver West
$3,280,000
498 Ellis Street,
Okanagan
$3,274,800
450 Matheson Road,
Okanagan
$3,195,000
2791 Alamein Avenue,
Vancouver West
$2,998,000
2787 Alamein Avenue,
Vancouver West
$2,688,800
1-1310 W King Edward Avenue,
Vancouver West
$2,669,900
2-1310 W King Edward Avenue,
Vancouver West
$2,629,000
5880 Clarendon Street,
Vancouver East
$2,338,000
5411 Steveston Highway,
Richmond
$2,088,000
2789 Alamein Avenue,
Vancouver West
$1,998,000
9380 Francis Road,
Richmond
$1,799,000
1508 East 3rd Avenue,
Vancouver East
$1,688,000
2006 West 14th Avenue,
Vancouver West
$1,688,000
4111 Hudson Street,
Vancouver West
$1,629,000
2504-6288 Cassie Avenue,
Burnaby South
$1,419,000
4105 Hudson Street,
Vancouver West
$1,229,000
2008 West 14th Avenue,
Vancouver West
$1,198,000
4343 Windsor Street,
Vancouver East
$1,189,000
10216 125 Street,
North Surrey
$1,098,000
58-10199 River Drive,
Richmond
$1,069,000
803-8160 Lansdowne Road,
Richmond
$888,000
Cottage Siavonga,
Africa
$499,900 USD
15-145 Redwing Place,
Okanagan
$325,000
190 Peregrine Place,
Okanagan
$205,000
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