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Blog by Mario Felicella - Sutton Group Westcoast Realty

Need a mortgage? Here's what you should know

June 26th, 2014

The late spring/early summer market has been very strong in Vancouver. May's real estate report has shown an increase in new homebuyers and because of this, we are seeing a more balanced real estate market. In fact, the sales-to-active-listings ratio in Greater Vancouver was just over 20 per cent for the first time since 2011.

Greater Vancouver has also seen several on-the-fence buye ...

May home sales up from April and a year ago

June 16th, 2014
Just announced today, the Canadian Real Estate Association says home sales for May were up compared with April and a year ago.

The association says home sales though its Multiple Listing Service system were 5.9 per cent higher compared with April and 4.8 per cent higher compared with a year ago.

The national average price for a home sold in May was $416,584, up 7.1 per cent from the same ...

634 SEMLIN Drive, Vancouver East, British Columbia

June 11th, 2014

I just sold this House at 634 SEMLIN Drive, Vancouver East, British Columbia Hastings.

View this recently sold House or see all my home sales

3251 15TH Ave W, Vancouver West, British Columbia

June 11th, 2014

I just sold this House at 3251 15TH Ave W, Vancouver West, British Columbia Kitsilano.

View this recently sold House or see all my home sales

It's official - it's a seller’s market in Greater Vancouver

June 4th, 2014

It’s a seller’s market in Greater Vancouver for the first time in three years.

A gauge closely monitored by the real estate sector, called the sales-to-active-listings ratio, reached 20.4 per cent last month – the first time since June, 2011 that Greater Vancouver’s housing market has crossed into seller’s territory.

The industry deems it a balanced market when the ratio ranges from 15 ...

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