Maria Mak. Burnaby Real Estate Agent - Happy New Year!!

Happy New Year to everyone !

All the best in 2014.

新年快樂

知足者常樂，感恩者多福。

Maria Mak. Burnaby Realtor - Why rent when you can own this beautiful condo in Downtwon core $249,000

Perfect for investors and 1st time home buyers. Nicely renovated and bright junior 1 bedroom concrete condo in central Downtown. 

Just a short stroll to the Sea Wall. Peek-a-boo water view from the balcony. Pro-active strata with new elevators and building upgrades. Amenities include gym and shared laundry.

Why rent when you can own this beautiful condo. 

Contact Maria Mak @ 604.839.6368 for private viewing or visit www.mariamak.com for more details .

 

 

Maria Mak - Burnaby Realtor -looking back over this hectic year...

Looking back over this hectic year, I realize I have lost much but have gained even more. Winning is not the name of the game but being in the game, participating, learning and enjoying the whole process is the key.

Wishing all my beloved family, friends and clients a happy and gainful 2014.

Maria Mak. Burnaby Realtor - Happy New Year

Wishing all my beloved family, friends and clients a happy and gainful 2014.

Maria Mak - Burnaby Realtor - Merry Christmas to all my beloved family, friends and clients.

Maria Mak has been serving her clients in Metro Vancouver for over 25 years with a big heart, with a big smile, most importantly with passion. 

Maria can speak fluent Mandarin, Cantonese and English. Contact Maria Mak at Sutton Centre Realty for all your premium real estate services at 604-839-6368 or visit her websites www.mariamak.com, You'll be smiling too.

Happy Holidays from Maria Mak @ Sutton Centre Realty

Happy Holidays

Season's Greetings from Maria Mak. Burnaby Realtor @ Sutton Centre Realty

Happy Holidays!

         

  Drawings by Maria Mak

Maria Mak . Burnaby Realtor - Average home price rises about 10%

Average home price rises almost 10% to $391,085

The average price of a Canadian home has increased by almost 10 per cent in the past 12 months. Darren Calabrese/Canadian Press

Home prices continue to climb

Average prices up nearly 10% since 2012 to $391,085, and sales climbed 5.9% from this time last year

New data released Monday from the organization that represents home sellers shows Canada's housing market continues to hit new highs, with the average price increasing by almost 10 per cent in the last 12 months to $391,085.

The Canadian Real Estate Association said the strong gain was in part because this time a year ago, sales were down in some of the largest housing markets. 

When prices in Toronto and Vancouver are stripped out of the equation, the average annual price gain was 4.3 per cent, CREA said.

Aside from prices, the realtor group says the number of homes sold was a little below the peak in September, but higher than the number this time last year and still close to the historical average.

A total of 434,678 homes have traded hands across the country this year, CREA says. That's about 0.2 per cent higher than last year's total.

"While there has been a lot of volatility in sales activity from month to month, sales for the year to date are on par with fairly steady levels posted for the same time period in each of the past five years," CREA's economist Gregory Klump said.

The average price rose 9.8 per cent compared to a year ago, but actually had dropped on a monthly basis. November's average price was slightly lower than October's, $391,820.

"Most housing markets are well balanced, including many large urban centres," Klump said.

"Housing price gains are always stronger in places where supply is tight relative to demand, such as we're seeing in Calgary and in parts of southern Ontario including the low-rise market in Toronto."

Contact Maria Mak and her team @ Sutton Centre Realty or visit her website www.mariamak.com for all your premium real estate services.

Maria Mak - Burnaby Realtor - Season's Greetings

For all your premium real estate services , contact Maria Mak and her team @ Sutton Centre Realty or visit her website http://www.mariamak.com.

Thank You.

Steady trends continue in the Greater Vancouver housing market

Consistent home sale and listing activity has allowed balanced market conditions to prevail in the Greater Vancouver housing market for most of 2013.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,321 on the Multiple Listing Service® (MLS®) in November 2013. This represents a 37.7 per cent increase compared to the 1,686 sales recorded in November 2012, and a 12.8 per cent decline compared to the 2,661 sales in October 2013.

Last month’s sales were 1.2 per cent below the 10-year sales average for the month, while new listings were 1.5 per cent above the 10-year November average.

“We’ve seen steady and consistent trends the Greater Vancouver housing market for much of this year,” Sandra Wyant, REBGV president said. “This year’s activity has resulted in gradual and modest increases in home prices of approximately one per cent over the last 12 months in the region.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 3,245 in November. This represents a 17.7 per cent increase compared to the 2,758 new listings reported in November 2012 and a 24.8 per cent decline compared to the 4,315 new listings in October of this year.

The total number of properties currently listed for sale on the MLS® in Greater Vancouver is 13,986, a 10.9 per cent decrease compared to November 2012 and an 8.3 per cent decline compared to October 2013.

The sales-to-active-listings ratio currently sits at 16.6 per cent in Greater Vancouver.

The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is currently $603,000. This represents a 1 per cent increase compared to November 2012.

Sales of detached properties reached 926 in November 2013, an increase of 47.2 per cent from the 629 detached sales recorded in November 2012, and a 1.1 per cent increase from the 916 units sold in November 2011. The benchmark price for detached properties increased 1.1 per cent from November 2012 to $924,800.

Sales of apartment properties reached 969 in November 2013, an increase of 29.2 per cent compared to the 750 sales in November 2012, and a decline of 3.1 per cent compared to the 1,000 sales in November 2011. The benchmark price of an apartment property increased 0.8 per cent from November 2012 to $367,800. 

Attached property sales in November 2013 totalled 426, an increase of 38.8 per cent compared to the 307 sales in November 2012, and a 4.1 per cent decline compared to the 444 attached properties sold in November 2011. The benchmark price of an attached unit is currently $458,000, which is a 0.8 per cent increase from November 2012.

Contact Maria Mak and her team at Sutton Centre Realty @ 604.839.6368 for all your premium professional real estate services, or visit her website www.mariamak.com, THANK YOU.

Maintenance tips for preparing your home for winter

Maintenance tips for preparing your home for winter - Maria Mak. Burnaby Realtor @ www.mariamak.com

Winter’s coming, and with it, plunging temperatures and shorter days that make you want to curl up and relax, warm and cosy by the fire. As the coldness looms and you prepare to pump the heat, it’s important to protect your home from potential damage and address heat and energy leaks. These seven simple tasks will help you stay warm, safe and energy-conscious this winter.

1. Prepare your hearth for fire

Before getting chestnuts ready for the roasting, get your fireplace set for the fire. Grab a flashlight and look inside for build-up, bird’s nests or obvious cracks. From the outside, check for broken bricks and crumbling mortar. Ensure that your damper opens and closes and seals tightly. Clean out the ashes and remember that in addition to these steps, you should have your chimney professionally cleaned every other year (more often if you burn a lot of fires). Stock up on wood and kindling, and you’re ready for a comfy, cosy season by the fire.

2. Seal the windows

Seal drafty windows to keep heat in and energy bills low with one (or both) of these two simple tasks. First, caulk the cracks. Sold in temporary or permanent form, caulking is inexpensive and easy to apply. Second, cover your windows in a thin plastic film (available at any hardware store) and tape it down with waterproof double-sided tape, heating the edges with a hair dryer and pressing the protective layer into place. When it gets warmer outside, simply peel the film off, open the window, and let the sun shine in.

3. Clear out the gutters

Clogged gutters block the drainage of rain and melting snow, resulting in household leaks and damage to landscape and foundation. As fall sheds its last leaves, grab a ladder, a garbage bag, some rubber gloves and dig in. Remove everything, from twigs to leaves to caked-on dirt. Check that the downpipes are clear of obstruction and then ensure the entire system is un-clogged and leak-free by running water through it.

4. Prepare for winter storms

Don’t let a blizzard take you by storm―always have a fully-stocked emergency kit at hand. Include batteries, a flashlight, candles, matches and a lighter; warm clothes and blankets; a battery-powered radio; non-perishable food items and water (two litres per adult per day); a first-aid kit and specialty products like medicine, baby formula and pet food (if necessary). Store at least three days’ worth of supplies for everyone in your household.

5. Don’t forget about heating maintenance

Is your heating system ready to weather the winter? Have a professional check your heating system and ensure it’s in good working order before you turn it on. Schedule checks for your furnace, venting system and chimney. Don’t forget to replace the batteries on smoke and carbon monoxide detectors, in case any of your heating systems are overworking.

6. Pad your pipes

A small frozen pipe can cause big household damage if it bursts, so pad your pipes to prevent floods. Grab some tubular pipe insulation sleeves from your local hardware store and set to task covering exposed pipes in unheated areas, such as a basement, attic, crawl space or cabinet. The pipe sleeves are easy to apply and can be cut to fit. Cover all exposed parts, including bends and joints. Finally, seal the seams with duct tape. With that simple task, you’re not only preventing considerable water damage, but also conserving energy.

7. Clean out your garage

Like your traditional spring cleaning, consider scheduling a traditional ‘fall cleaning’ of your garage. Organize the remains of your summer projects and clean and store gardening tools. Like a seasonal turning of your closet, push what you won’t be needing ― the lawn-mower, hedge trimmer, rakes and summer toys – to the back and bring any winter necessities ― shovels, snow blowers, skis and sleds ― to the front. Set out salt and gravel containers, and you’ll thank yourself the first time the ice hits.

For all the professional real estate services, contact Maria Mak and her team @ Sutton Centre Realty @ 604.839.6368 or visit her website @ www.mariamak.com, THANK YOU.

Maria Mak. Burnaby Realtor - Home Advantage: Increasing the benefits of home sales

Each year, the BC Legislature's Select Standing Committee on Finance and Government Services travels throughout BC seeking input about spending and taxation priorities for the upcoming provincial budget.

The Committee reviews and summarizes this information and reports its findings to the Finance Minister, who uses it as input in budget deliberations.

On September 24, 2013 representatives of the Real Estate Board had the opportunity to make recommendations.

Here is our written submission: Home Advantage: Increasing the benefits of home sales

For all your premium real estate services, contact Maria Mak and her team @ Sutton Centre Realty or visit her website www.mariamak.com, You'll be smiling too.

Maria Mak. Burnaby Realtor - Sale and listing activity continues to follow historical averages

Home buyer and seller activity in the Greater Vancouver housing market continues to far outpace 2012, yet is in line with the region’s 10-year averages.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,483 on the Multiple Listing Service® (MLS®) in September 2013. 

This represents a 63.8 per cent increase compared to the 1,516 sales recorded in September 2012, and a 1.2 per cent decline compared to the 2,514 sales in August 2013. Last month’s sales were 1 per cent below the 10-year sales average for the month, while new listings for the month were 3.5 per cent below the 10-year average.

“While sales are up considerably from last year, it’s important to note that September 2012 sales were among the lowest we’ve seen in nearly three decades,” Sandra Wyant, REBGV said. “Home sale and listing activity this September were in line with the 10-year average for the month.

”New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,030 in September.This represents a 5.5 per cent decline compared to the 5,321 new listings reported in September 2012 and a 20.2 per cent increase compared to the 4,186 new listings in August of this year.

The total number of properties currently listed for sale on the MLS® in Greater Vancouver is 16,115, a 12.2 per cent decrease compared to September 2012 and a 0.5 per cent increase compared to August 2013.The sales-to-active-listings ratio currently sits at 15.4 per cent in Greater Vancouver.

“It’s important to remember that stronger sales activity does not necessarily equate to rising home prices. In fact, home prices have not fluctuated much in our market this year,” Wyant said.

The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is currently $601,900. This represents a decline of 0.7 per cent compared to this time last year and an increase of 2.3 per cent compared to January 2013.

Sales of detached properties reached 1,023 in September 2013, an increase of 72.2 per cent from the 594 detached sales recorded in September 2012, and a 6.9 per cent increase from the 957 units sold in September 2011. The benchmark price for detached properties decreased 1.4 per cent from September 2012 to $922,600.

Sales of apartment properties reached 1,018 in September 2013, an increase of 50.6 per cent compared to the 676 sales in September 2012, and an increase of 10.4 per cent compared to the 922 sales in September 2011. The benchmark price of an apartment property decreased 0.5 per cent from September 2012 to $366,600Attached property sales in September 2013 totalled 442, an increase of 79.7 per cent compared to the 246 sales in September 2012, and a 20.4 per cent increase from the 367 attached properties sold in September 2011. The benchmark price of an attached unit is currently $458,300, which is unchanged from September 2012.

Maria Mak. Burnaby REALTOR®. @ Sutton Centre Realty

Life is just a come and go!

Treasure your loved ones.

If you are thinking of buying and selling real estate, contact Maria Mak @ Sutton Centre Realty or visit her website www.mariamak.com, you will be smiling too.

Maria Mak. Burnaby Realtor. www.mariamak.com

Maria Mak.Burnaby Realtor. August 2013 Housing Market Update

Maria Mak. Burnaby Realtor @ Sutton Centre Realty

Maria Mak. Burnaby Realtor has been serving her clients in Metro Vancouver for over 24 years with a big heart, with a big smile, most importantly with passion. 

Contact Maria Mak @ www.mariamak.com for all your professional premium real estate services, you will be smiling too.

Let Maria Mak. Burnaby REALTOR® market your home

It’s time for your REALTOR® to do their thing with a few old-fashioned, and some new-fashioned, marketing tools.

• Despite our leaps in technology, the “For Sale” sign continues to be an extremely effective way to advertise. Anybody responding to your sign is a solid lead because they’ve seen your home with their own eyes.

• Your REALTOR® may choose any or all of the following: classified ads in the newspaper (often with a photo), ads in real estate publications, property listings on cable television and good old-fashioned mail. Neighbourhood mailers can be incredibly effective.

• If you decide to have your home listed on a real estate Board’s MLS® System, you can also have your home advertised on http://www.REALTOR.ca, and http://www.mariamak.com ,  Canada’s most popular Internet research tool for residential real estate, and a big reason why over 85% of Canadians who search for a home start their search on the Internet.

• Your REALTOR® is part of an extensive community ofREALTORS® who collectively represent hundreds of eager buyers. REALTORS® can call other REALTORS®, who can call other REALTORS®, who can call other REALTORS®.

• A REALTOR® Open House is an efficient way to attractREALTORS® to see your home with their own eyes. If your home is perfect for one of their buyers, you can be sure they’ll rush right out and tell them! Your REALTOR® can organize everything and get the buzz started.

• Many buyers want to get a feel for your neighbourhood before they start working with a REALTOR®. That’s why Open Houses to the public are so important. They usually last a few hours on a Saturday or Sunday, and there are a few simple but important rules to follow.

• Make sure your home looks its finest

• Your best buyer may just walk in off the street!

• Most folks are decent, courteous and honest, but it’s wise to stash away jewelry, cameras and other small valuables. You can ask your REALTOR® to request a name and phone number from every visitor for added security.

• Is there an electrical cord somebody could trip on? Is there a chair that will collapse if somebody actually sits in it? Fix it, or lose it.

• Almost nobody’s dream home smells like smoked herring!

• You want people to feel relaxed and daydream that your home is their home. This just isn’t possible with you there. Go see a movie, or take your pets on a field trip.

• A “lock box” is a small, secure box that’s affixed to your front doorknob. It’s a mini safe with a key to your house inside.REALTORS® are given a combination to the lock box, so they can show your home to interested buyers.

• Be patient with visits. Hopefully they will lead to a great offer, soon.

Maria Mak. Burnaby Realtor. Latest Real Estate Market Update

Vancouver, BC – April 15, 2013. 

The British Columbia Real Estate Association (BCREA) reports that a total of 5,661 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during March, up 6.6 per cent from February on a seasonally adjusted basis, but down 17.7 per cent compared to March 2012. Total sales dollar volume was down 18.5 per cent to $3.06 billion. The average MLS® residential price in the province was $540,662, up 2 per cent from February, but down 1 per cent from a year ago.

"BC home sales in March posted the largest seasonally adjusted month-to-month increase since January 2011,” said Cameron Muir, BCREA Chief Economist. “However, homes sale per capita continue to remain near a cyclical low, suggesting that pent-up demand may be beginning to grow in the housing market."

Year-to-date, BC residential sales dollar volume declined 22.1 per cent to $7.2 billion, compared to the same period last year. Residential unit sales dipped 18.8 per cent to 13,572 units, while the average MLS® residential price was down 4.0 per cent at $530,435.

Maria Mak 麥福玲 REALTOR® | 604-839-6368 本拿比REALTOR®。 大溫哥華地產經紀

我的名字叫 麥福玲 ,本拿比REALTOR®/地鐵溫哥華房地產代理。

    
 我的做法房地產我以同樣的方式對待我的藝術與激情！ 當它為我的客戶提供服務時，我總是一個很大的微笑，最重要的是，一個大的心！

自1989年以來，我不僅是保證讓每一位滿意的客戶其購買的內容，但這樣做一種發自內心的微笑。

 

雖然我很榮幸被評為“薩頓總統獎，更重要的是，我服務，滿足您所有的房地產需求。24年多以來，我不僅在房地產業務，但在業務使夢想成真。 這不只是任何財產，這是你的家。

住宅，多戶家庭以及項目營銷是我的特色。 我期待著為您服務英語，粵語和普通話。 讓我照顧你最重要的房地產資產，我將讓你的微笑......這是一個承諾。

我唯一的房地產營銷計劃和我的現金返回關閉成本包裝與我聯繫。 我可以利用最新的技術和營銷系統，以最大限度地提高盈利能力和保證滿意。

Maria Mak. Burnaby Real Estate Agent: Thinking of buying and selling in this stable market, contact Maria Mak. Burnaby Realtor @ 604.839.6368

Fast Facts on BC Assessment

BC Assessment (BCA) is a provincial Crown corporation incorporated in 1974 under the Assessment Authority Act. Our mandate is to establish and maintain an independent, uniform and efficient real property assessment system throughout B.C. in accordance with the Assessment Act. Operations

 An assessment is the determination of a property's market value, property classification and applicable exemptions. There are nine classes of property in B.C. For more information on these property classes, read this fact sheet.

 Total number of properties on the 2013 roll is 1,935,426, a 0.92%increase from 2012. 

 Total value of real estate on the 2013 roll is $1,129,026,081,413, a 2.30% increase from 2012. 

 The 2013 Assessment Roll, our core product, represents over 1.9 million properties with a general taxable value of $983 billion. This is a 1.90 per cent increase from the 2012 Roll total taxable value of $964 billion.  The Assessment Roll provides a stable base for local governments and taxing authorities in B.C. to raise over $6.2 billion in property taxes for schools and important local services. 

 BC Assessment determines a property’s market value and sends the owner(s) a Property Assessment Notice in early January. Taxing authorities establish the property tax rate, apply it to the assessed value and send the owner a tax notice.
  BCA is funded from property tax levies and does not rely on grants or government funding.

 There are 629 full-time employees at the 16 BCA offices throughout the province.Assessment Roll Statistics

 BCA added approximately $16.64 billion of value in ‘non-market change’, including new construction and development to the 2013 Assessment Roll – an increase of 2.30 per cent from the $14.69 billion of non-market change recorded on the 2012 Roll. 

 In 2012, more than 98 per cent of property owners accepted their property assessment as provided by BC Assessment without proceeding to a formal, independent review (appeal) of their assessment. Appeals in writing must be filed by January 31. 

 There are approximately 75 Property Assessment Review Panels (PARP) appointed and administered annually by the provincial government. More info: http://www.cd.gov.bc.ca/parp/index.htm

 In British Columbia, approximately 87.6 per cent of all properties are classified as Residential (Class 1). 

Public Information 

 BC Assessment prepared a total of 2,105, 741 assessment notices forBritish Columbia property owners for the 2013 Assessment Roll. This is an increase of 1.02 per cent from 2012. (Note: several properties have multiple owners who may each receive an assessment notice.) 

 BCA’s website www.bcassessment.ca features access to the convenient and easy-to-use e-valueBC. This public audit feature, designed for residential property owners, helps our customers ensure that their assessment is accurate by allowing them to easily compare their assessment to others in their neighbourhood. 

 An e-valueBC feature called Property Details allows property owners to view basic property details such as the number of bathrooms, bedrooms and total square footage.

Thinking of buying or selling in this stable market, and for all premium professional real estate services, contact Maria Mak @ 604.839.6368 or visit her website www.mariamak.com, you'll smiling too.

Contact Maria Mak for all premium real estate services 604.839.6368

 

Contact Maria Mak and her elite team @ Sutton Centre Realty @ 604-839-6368 for all your premium professional real estate services or visit her website www.mariamak.com

Maria has been serving her clients in Metro Vancouver for over 25 years with a big heart and with a big smile .THANK YOU .

Maria Mak - *Burnaby Real Estate Agent*: ***Maria Mak. Premium Real Estate Services. 604.839.6368***

My name is Maria Mak 麥福玲, a Burnaby REALTOR® / Metro Vancouver Real Estate Agent with Sutton Centre Realty.

  

I approach real estate the same way I approach my art...with passion! When it comes to serving my clients, I always come with a big smile and, most importantly, a big heart!

Since 1989 I have made a point of ensuring each satisfied client is not only content with their purchase but does so with a heartfelt smile. While I’m proud to have been honoured with the Sutton President Award, it is more important that I serve and meet all your real estate needs.

For over 24 years I have not only been in the business of real estate but in the business of making dreams come true. This is not just any property, this is your home.

Residential, multi-family and project marketing are my specialties. I look forward to serving you in English, Cantonese or Mandarin. Let me take care of your most important real estate assets and I’ll make you smile...that’s a promise.

Contact me for my unique Real Estate Marketing Plan and my Cash Back Closing Cost Package. I can leverage the latest technology and marketing systems to maximize profitability and guarantee satisfaction for you.

Maria Mak - *Burnaby Real Estate Agent*: ***Maria Mak. Burnaby Realtor. 604.839.6368***: Contact Maria Mak. Burnaby Realtor. 604.839.6368 for all premium real estate services, or visit her website  www.mariamak.com  for ...

Maria Mak.Burnaby Realtor.604.839.6368

Maria Mak . Burnaby Realtor . 604.839.6368

My name is Maria Mak 麥福玲, a Burnaby REALTOR® / Metro Vancouver Real Estate Agent with Sutton Centre Realty.  I approach real estate the same way I approach my art...with passion! When it comes to serving my clients, I always come with a big smile and, most importantly, a big heart! 

Since 1989 I have made a point of ensuring each satisfied client is not only content with their purchase but does so with a heartfelt smile. While I’m proud to have been honoured with the Sutton President Award, it is more important that I serve and meet all your real estate needs. 

For over 24 years I have not only been in the business of real estate but in the business of making dreams come true. This is not just any property, this is your home. Residential, multi-family and project marketing are my specialties. I look forward to serving you in English, Cantonese or Mandarin. 

Let me take care of your most important real estate assets and I’ll make you smile...that’s a promise. 

Contact me for my unique Real Estate Marketing Plan and my Cash Back Closing Cost Package. I can leverage the latest technology and marketing systems to maximize profitability and guarantee satisfaction for you.

Maria Mak. Drops of my memories

Vibrant colorful dreams are beckoning on me,

Yearning for the awakening of my dull sleepyhead,

May I have the right to be the queen of my uncompromising.

Drawings and written by

Maria Mak.Burnaby Realtor

Listed vs Sold Apartment Listings in Burnaby

The Real Estate Board of Greater Vancouver's graphs let you compare homes listed to homes for sale in neighbourhoods throughout Greater Vancouver. The charts also show overall activity in the areas and trends.

Units listed is the number of homes listed for sale in that month.
Units sold is the number of homes sold in that month.
Active listings is the number of homes listed for sale

For all your premium real estate services, contact Maria Mak and her team @ Sutton Centre Realty @ 604.839.6368 or visit her website www.mariamak.com, You'll be smiling too!

Listed vs Sold Attached Listings in Burnaby

The Real Estate Board of Greater Vancouver's graphs let you compare homes listed to homes for sale in neighbourhoods throughout Greater Vancouver. The charts also show overall activity in the areas and trends.

Units listed is the number of homes listed for sale in that month.

Units sold is the number of homes sold in that month.

Active listings is the number of homes listed for sale in that month plus the number of homes previously listed that haven't sold yet.

For all your premium real estate services, contact Maria Mak and her team @ Sutton Centre Realty @ 604.839.6368 or visit her website www.mariamak.com, You'll be smiling too!

Listed vs Sold Detached Listings in Burnaby

The Real Estate Board of Greater Vancouver's graphs let you compare homes listed to homes for sale in neighbourhoods throughout Greater Vancouver. The charts also show overall activity in the areas and trends.

Units listed is the number of homes listed for sale in that month.

Units sold is the number of homes sold in that month.

Active listings is the number of homes listed for sale in that month plus the number of homes previously listed that haven't sold yet.

For all your premium real estate services, contact Maria Mak and her team @ Sutton Centre Realty @ 604.839.6368 or visit her website www.mariamak.com, You'll be smiling too!

Prices hold firm as home buyers and sellers conclude 2012 from the sidelines

VANCOUVER, BC – The Greater Vancouver housing market experienced below average home sale totals, typical home listing activity and modest declines in home prices in 2012.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2012 reached 25,032, a 22.7 per cent decline from the 32,387 sales recorded in 2011, and an 18.2 per cent decrease from the 30,595 residential sales in 2010. Last year’s home sale total was 25.7 per cent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.

The number of residential properties listed for sale on the MLS® in Greater Vancouver declined 2 per cent in 2012 to 58,379 compared to the 59,539 properties listed in 2011. Looking back further, last year’s total represents a 0.6 per cent increase compared to the 58,009 residential properties listed in 2010. Last year’s listing total was 6.1 per cent above the ten-year average for annual MLS® property listings in the region.

"For much of 2012 we saw a collective hesitation on the part of buyers and sellers in the Greater Vancouver housing market. This behavior was reflected in lower than average home sale activity and modest fluctuations in home prices,” Eugen Klein, REBGV president said.

Residential property sales in Greater Vancouver totalled 1,142 in December 2012, a decrease of 31.1 per cent from the 1,658 sales recorded in December 2011 and a 32.3 per cent decline compared to November 2012 when 1,686 home sales occurred.

December sales were 38.4 per cent below the 10-year December sales average of 1,855.

Since reaching a peak in May of $625,100, the MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver has declined 5.8 per cent to $590,800. This represents a 2.3 per cent decline when compared to this time last year.

“We saw home prices come down a bit during the latter half of the year. During the same period, we saw fewer home sales and listings,” Klein said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,380 in December 2012. This represents a 15.3 per cent decline compared to the 1,629 units listed in December 2011 and a 50 per cent decline compared to November 2012 when 2,758 properties were listed.

Sales of detached properties in December 2012 reached 425, a decrease of 32.5 per cent from the 630 detached sales recorded in December 2011, and a 44.7 per cent decrease from the 769 units sold in December 2010. The benchmark price for detached properties decreased 2.7 per cent from December 2011 to $904,200. Since reaching a peak in May, the benchmark price of a detached property has declined 6.5%.

Sales of apartment properties reached 504 in December 2012, a decline of 34.9 per cent compared to the 774 sales in December 2011, and a decrease of 37.9 per cent compared to the 811 sales in December 2010.The benchmark price of an apartment property decreased 1.9 per cent from December 2011 to $361,200. Since reaching a peak in May, the benchmark price of an apartment property has declined 12.8%.

Attached property sales in December 2012 totalled 213, a decline of 16.1 per cent compared to the 254 sales in December 2011, and a 33.2 per cent decrease from the 319 attached properties sold in December 2010. The benchmark price of an attached unit decreased 2.6 per cent between December 2011 and 2012 to $450,900. Since reaching a peak in April, the benchmark price of an attached property has declined 4.4%.
“Activity continues to vary depending on area so it’s important to work with your REALTOR® and other professionals to understand the trends in your area of interest,” Klein said.