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Vancouver Home Team Update : 

We have sold a property at 11 Union ST in Georgetown.
Georgetown Ontario ! Sweet 3 + 1 Br Bungalow In Awesome Central Location - Walk To Go Train; Separate Tandem Garage/workshop. Swimming pool sized 66' X 158' Lot !! or ?? ? Large Eat-In Kitchen; Good Sized Formal Living Room With Picture Window; Master Bedroom Has 2 Closets, 2 Other Bedrooms On Main Level; Beautiful Hardwood Floors; Front Porch And Side Porch Entries; Easily suited with side entrance & 3 piece washroom downstairs. Parking for 6 cars & Great bones! See Floor Plan Attachment; Walk to Park(S), Schools, Downtown; Groceries, Restaurants, Brkage Remks: Lockbox For Easy Showing; Please Follow Covid Protocols - Masks Are Mandatory; RE/MAX REAL ESTATE CENTRE INC., BROKERAGE Ph: 905-877-5211 Fax: 905-877-5214 23 Mountainview Rd South Georgetown L7G4J8 JANET MCKEOWN, Salesperson 905-866-3258
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Real Estate Board of Greater Vancouver

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October 2019, and a 1.2 per cent increase from the 3,643 homes sold in September 2020.


Last month’s sales were 34.7 per cent above the 10-year October sales average and stands as the second-highest total on record for the month.


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There were 5,571 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2020. This represents a 36.7 per cent increase compared to the 4,074 homes listed in October 2019 and a 13 per cent decrease compared to September 2020 when 6,402 homes were listed.


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The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 12,416, a 1.5 per cent increase compared to October 2019 (12,236) and a 5.2 per cent decrease compared to September 2020 (13,096).


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"Home has been a focus for residents during the pandemic. With more days and evenings spent at home this year, people are re-thinking their housing situation. Throughout this period, REALTORS® have been working to understand and adapt to the latest safety protocols so that they can continue to help the public meet their housing needs in a safe and responsible way." Said Colette Gerber, REBGV Chair.


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“With demand on the rise, homes priced right for today’s market are receiving attention and, at times, garnering multiple offers," Gerber said. "To understand the market conditions in your neighbourhood and property type of choice, work with your local REALTOR® to assess the latest MLS® housing market information."


For all property types, the sales-to-active listings ratio for October 2020 is 29.7 per cent. By property type, the ratio is 30.9 per cent for detached homes, 43.5 per cent for townhomes, and 24.9 per cent for apartments.


Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,045,100. This represents a six per cent increase over October 2019 and a 0.4 per cent increase compared to September 2020.


Sales of detached homes in October 2020 reached 1,335, a 42.3 per cent increase from the 938 detached sales recorded in October 2019. The benchmark price for a detached home is $1,523,800. This represents an 8.5 per cent increase from October 2019 and a 1.1 per cent increase compared to September 2020.


Sales of apartment homes reached 1,570 in October 2020, a 13.4 per cent increase compared to the 1,384 sales in October 2019. The benchmark price of an apartment property is $683,500. This represents a 4.4 per cent increase from October 2019 and is unchanged compared to September 2020.


Attached home sales in October 2020 totalled 782, a 45.9 per cent increase compared to the 536 sales in October 2019. The benchmark price of an attached home is $813,000. This represents a 5.4 per cent increase from October 2019 and a 0.4 per cent increase compared to September 2020.

 


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We have sold a property at 2839 20TH AVE E in Vancouver.
Renfrew Heights 2200 sf Vancouver Special starter on two levels. 6 bed, 2 baths, Two Fireplaces, hardwood floors under carpets, huge covered deck in rear. Built 1964, taxes $4500/year. Easy to show, available for immediate occupancy. Go to realtors web site for pics and video.
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A new property at 11 Union ST in Georgetown.
Georgetown Ontario ! Sweet 3 + 1 Br Bungalow In Awesome Central Location - Walk To Go Train; Separate Tandem Garage/workshop. Swimming pool sized 66' X 158' Lot !! or ?? ? Large Eat-In Kitchen; Good Sized Formal Living Room With Picture Window; Master Bedroom Has 2 Closets, 2 Other Bedrooms On Main Level; Beautiful Hardwood Floors; Front Porch And Side Porch Entries; Easily suited with side entrance & 3 piece washroom downstairs. Parking for 6 cars & Great bones! See Floor Plan Attachment; Walk to Park(S), Schools, Downtown; Groceries, Restaurants, Brkage Remks: Lockbox For Easy Showing; Please Follow Covid Protocols - Masks Are Mandatory; RE/MAX REAL ESTATE CENTRE INC., BROKERAGE Ph: 905-877-5211 Fax: 905-877-5214 23 Mountainview Rd South Georgetown L7G4J8 JANET MCKEOWN, Salesperson 905-866-3258
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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.