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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
5679 Newton Wynd,
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$31,000,000
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Okanagan
$8,700,000
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$8,700,000
4572 West 3rd Avenue,
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$6,998,000
1001-1633 Ontario Street,
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$6,800,000
Butedale Bay,
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$6,200,000
The River House Estate,
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2588 Courtenay Street,
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8596 Squilax-Anglemont Road,
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142 Flagstone Rise,
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5880 Clarendon Street,
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$2,338,000
3605 – 688 Abbott Street,
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$1,998,000
2440 Gammon Road,
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$1,698,000
3023 Maple Street,
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2006 West 14th Avenue,
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3057 Naramata Road,
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408-503 West 16th Avenue,
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188 Longview Place,
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2488 East 8th Avenue,
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Cottage Siavonga,
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419-9979 140th Street,
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$445,000
104-3426 Hemlock Street,
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