I just finished uploading this House & Land for sale, 107 KLAHOWYA ROAD, Thetis Island, BC

No matter where you're at in life, this cosy rancher has something for you. Set on 2.47 acres or bright level land at the south end of Thetis Island, the home welcomes you in on all sides via the wrap around deck. 3 bedrooms featuring an open living area make it easy to see how you could enjoy yourself here. A large master bedroom with sliding glass doors overlooks the peaceful yard & fir trees. Zoning permits a guest cabin and represents long term value in the land for the owner. This private parcel has plenty of room o garden & grow. High speed internet, thermal wood windows & a bright southern exposure. Come over for a look, easy to show and ready to go, call Joe on Thetis at 1-877-626-9259

BC Commercial Leading Indicator Moves Higher

Vancouver, BC – November 29, 2011. The BCREA Commercial Leading Indicator (CLI) increased 1.1 points to 109.8 in the third quarter of 2011, reversing the downward trend observed in the first half of the year. The trend in the CLI, a more reliable indicator of future activity, points to a flattening out of commercial real estate activity over the following two to four quarters.

The strong rebound in the CLI in the third quarter was driven largely by strong manufacturing activity and job growth. Given the heightened risk environment in financial markets, the CLI's financial component (composed of risk-spreads and REIT index returns) made a negative, albeit small, contribution to the index for the first time since the fourth quarter of 2008.

The CLI peaked at a level of 116.1 in the second quarter of 2007 before the onset of the financial crisis pushed it to 98.1 in the first half of 2009. The CLI has since recovered 95 per cent of its previous peak level.

"A strong rebound in the BC manufacturing sector lead the CLI higher last quarter," said Brendon Ogmundson, BCREA Economist. "However, rising tension in financial markets and slowing global economic growth may create significant headwinds in coming months."

Home Sales Climb Higher Outside Vancouver

Vancouver, BC – November 15, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province rose 6.5 per cent to 5,865 units in October compared to the same month last year. The average MLS® residential price was up 2.6 per cent to $535,695 last month compared to October 2010.

"BC home sales rose three per cent in October compared to September on a seasonally adjusted basis," said Cameron Muir, BCREA Chief Economist. "While consumer demand in Vancouver edged lower last month on a year-overyear basis, strong increases were recorded in the Fraser Valley, Kamloops, Kootenay, the North and on Vancouver Island."

"Total active residential listings in the province declined by 3,360 units in October from September. However, active listings were up 6.9 per cent from October 2011," added Muir. "Market conditions remained slightly in favour of home buyers last month."

Year-to-date, BC residential sales dollar volume increased 16.8 per cent to $38 billion, compared to the same period last year. Residential unit sales increased 3.5 per cent to 66,922 units, while the average MLS® residential price rose 12.9 per cent to $566,925 over the same period.

 

I just sold this Home and Acreage at 42A Blue Point Lane, Thetis Island, BC South End of Thetis Island.

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I just finished uploading this 2 door coupe for sale, 2000 Prelude Coupe, Nanaimo B.C., BC

Mom's car FOR SALE! This is it, 1 owner, garage kept, mama driven 5-speed 2 door 2000 Honda Prelude with only 110K KM's! Don't delay, this car will be sold to the first lucky buyer with cash. Mint interior, mint exterior, just serviced, all systems working properly in this great car! All maintenance records/ service history available, buy with confidence, this Honda will go 300K+

I just sold this Condo at 2503 588 BROUGHTON Street, Vancouver West, British Columbia Coal Harbour.

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I just finished uploading this Other for sale, LT 2 TWIN CREEKS Road, Sunshine Coast, British Columbia

3 acres located 3 kilometers north of Langdale Ferry Terminal. This is a very affordable area to build your dream home or use as a recreation property until you're ready to move from the city.

I just sold this Beach Home at 205 Pilkey Point, Thetis Island, BC Southern Gulf Islands.

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I just sold this Acreage at 97 Hollyberry Lane, Thetis Island, BC South End of Thetis Island.

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I just sold this House at 179 PENTICTON Street, Vancouver East, British Columbia Hastings East.

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I just finished uploading this Acreage for sale, 364 Mill Road, Thetis Island, BC

Come over and explore this acreage, you're in for a treat! Several building sites, hydro/tel/internet to the lot lines. Located at the corner of Mill road and Lupin Lane, you'll find all the privacy and property required to build a wonderful island getaway. No property transfer tax + very low taxes help make this property a sound investment in your future. Have you been looking for an acreage to call home? This could be it.

April 4, 2011

March Stats

Home buyers and sellers enter the housing market at near record pace in March

Activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 4,080 in March 2011. This represents a 31.7 per cent increase compared to the 3,097 sales recorded in February 2011, an increase of 30.1 per cent compared to the 3,137 sales in March 2010 and an 80.1 per cent increase from the 2,265 home sales in March 2009. The all-time sales record for March occurred in 2004 when 4,371 transactions were recorded.

“Our market has had a very strong start to the spring season,” Rosario Setticasi, REBGV president said. “With home sales above 4,000 and nearly 7,000 home listings added to the MLS® in March, it’s clear that home buyers and sellers view this as a good time to be active in their local housing market.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 6,797 in March 2011. This represents a 3 per cent decline compared to March 2010 when 7,004 properties were listed for sale on the MLS®, an all-time record for March. Compared to February 2011, last month’s new listings total registered a 19.4 per cent increase.

At, 13,110, the total number of residential property listings on the MLS® increased 9.9 per cent in March compared to last month and declined 3 per cent from this time last year.

“Conditions favour sellers at the moment, but we’re seeing differences in home-price trends and overall activity depending on the region and property type,” Setticasi said.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 5.4 per cent to $615,810 in March 2011 from $584,435 in March 2010.

Sales of detached properties on the MLS® in March 2011 reached 1,795, an increase of 34.4 per cent from the 1,336 detached sales recorded in March 2010, and a 100.1 per cent increase from the 897 units sold in March 2009. The benchmark price for detached properties increased 8.3 per cent from March 2010 to $866,806.

Sales of apartment properties reached 1,622 in March 2011, a 29.6 per cent increase compared to the 1,252 sales in March 2010, and an increase of 66.2 per cent compared to the 976 sales in March 2009. The benchmark price of an apartment property increased 2.1 per cent from March 2010 to $403,885.

Attached property sales in March 2011 totalled 663, a 20.8 per cent increase compared to the 549 sales in March 2010, and a 69.1 per cent increase from the 392 attached properties sold in March 2009. The benchmark price of an attached unit increased 3.6 per cent between March 2010 and 2011 to $511,039.

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I just finished uploading this waterfront estate for sale, 4582 Sparwood Road, Cowichan Bay, BC

WOW!! 1.68 acres of walk on waterfront in the Cowichan Valley, with sweeping views over Cowichan Bay and Saltspring Island. The architecturally designed residence has windows everywhere to bring the light and ocean views into all principal rooms, with extensive use of cedar and vaulted ceilings. This custom built estate property features ample room for your family and friends, with the luxurious features of a fine West Coast home. Take a dip in the huge 36' indoor pool or relax in the sauna, then take the elevator down to the fully equipped media room or up to the spacious open kitchen and living area. Climb the spiral staircase up to the top floor master suite and imagine waking up to the ocean and mountains bathed in sunlight. Elevator services all four floors, detached 3 car garage & shop contains a bright guest suite, complete with its own kitchen/bath/laundry. A nice trail leads down to the sand/ pebble beach. Properties of this nature are rare to the market, don't delay.

I just finished uploading this Hilltop Ocean View Acreage for sale, 164 Pilkey Point Road, Thetis Island, BC

I just sold this Beach Home at 94 Hollyberry Lane, Thetis Island, BC South End of Thetis.

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I just sold this Beach Home at 494 Arbutus Drive, Mayne Island, BC Southern Gulf Islands.

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I just sold this Home and Acreage at 104 Hollyberry Lane, Thetis Island, BC South End of Thetis Island.

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I just sold this Beach Home at 1713 Admiral Tryon Blvd, Parksville, BC French Creek.

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I just finished uploading this serviced waterfront building lot for sale, 143 Sunrise Point Road, Thetis Island, BC

Welcome to this beautifully treed and fully serviced 2.16 acre waterfront property on Sunrise Point located on the East side of Thetis Island close to the South end. The property features 192 feet of medium bank accessible waterfront, with several possible building sites and the option of a full build-out under the existing zoning to include a Main Residence plus a Guest House! Treat yourself to the sweeping views down Trincomali Channel and out towards the Coastal Range on the Mainland. This waterfront acreage is one of the last properties on the East side of Thetis that has not been built on. Power/ water is buried underground to enhance the tranquility of the setting, driveway, well, septic system and Hydro service are in place and ready for the new owners! 3 flights to Vancouver and 11 ferries to Chemainus daily. This is the one you've been waiting for, call Joe Squire on Thetis Island at 1-877-626-9259

We are proud to announce that this Jan 30th, 2:00 PM to 4:00 PM we will be hosting an Open House at 621 6TH East Ave in the Mount Pleasant VE neighborhood, 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 604-626-9259 if I can answer any questions before the open house, or if you would like to book a private showing.

Joe Squire
Sutton West Coast Realty