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Future without a trace of COVID-19

Since the pandemic started in early 2020, many precious lives are lost to this deadly virus, and cost billions of dollars, and upended our way of life.  It is very crucial that all of us do our part to get rid of this COVID virus.

The real estate professional has been named an essential service in British Columbia since the outbreak started last year.  This essential service designation is a privilege and yet comes with a responsibility.  We must take responsible action to help prevent the further spread of COVID-19.  As we are continued to work and help our clients meeting their housing needs in a time of crisis, we must follow Dr. Bonnie Henry’s recommendations and get vaccinated.  And of course, we encourage all clients, family, and friends to do the same.  I’m, as a real estate professional, taking all the protocols to protect my clients and families possible.           

Feel free to contact me anytime about real estate questions or market trends in a certain area, and I am glad to be able to help.

I look forward to our normal future without a trace of COVID-19. 

Eva

Steady sales, reduced listings and virtually unchanged home prices in July

Metro Vancouver’s housing market saw more moderate sales, listings and pricing trends in July compared to the heightened activity experienced throughout much of the pandemic.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales recorded in July 2020, and an 11.6 per cent decrease from the 3,762 homes sold in June 2021.


Last month’s sales were 13.3 per cent above the 10-year July sales average.

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Metro Vancouver housing market sets a steady, calmer pace to begin the summer season

While still elevated, home sale and listing activity in Metro Vancouver* has eased back from the record-setting pace seen in March and April of this year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020, and an 11.9 per cent decrease from the 4,268 homes sold in May 2021.

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Home sale and listing activity in Metro Vancouver moves off of its record-breaking pace

The Metro Vancouver housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorded in May 2020, and a 13 per cent decrease from the 4,908 homes sold in April 2021.
 
Last month’s sales were 27.7 per cent above the 10-year May sales average.

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Supply response emerges in Metro Vancouver’s active housing market

Home sellers have become increasingly active in Metro Vancouver’s housing market this spring in response to heightened demand and rising home values that have materialized during the pandemic.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,908 in April 2021, a 342.6 per cent increase from the 1,109 sales recorded in April 2020, and a 14 per cent decrease from the 5,708 homes sold in March 2021.

Last month’s sales were 56.2 per cent above the 10-year April sales average and is the highest total on record for the month.

“Our housing market has changed considerably from one year ago when COVID-19 concerns brought activity to a near standstill,” Keith Stewart, REBGV’s economist said. “This was followed by a well-documented spike in home buyer demand across the region. So far this spring, we’ve seen a corresponding supply response from home sellers.” 

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SOLD!

Congratulations to my client for making a quick decision to buy a 2 bedroom 2 full bath unit at SAAVIN. A new development next to the skytrain station and walking distance to Metrotown Shopping Centre, Burnaby. My client will move in before the end of the month.   

Address:  409 – 6968 Royal Oak Ave, Burnaby BC

Spring has sprung!

Planning to move or wondering the value of a certain property, contact Eva Li today!

The following article is published by the Real Estate Board of Greater Vancouver on April 2, 2021:

March home sales and new listings set records in Metro Vancouver

Home buyer and seller activity reached unprecedented levels across Metro Vancouver in March. 

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SOLD!

Congrats to my clients.
403 828 Agnes Street, New Westminster BC
This listing has been sold in just 1 week on the market and over the asking price!
Congrats to the buyer who finds a dream home!

Have plans to upgrade or downsize, contact Eva Li today!
All meetings and discussions can be arranged by an online meeting.

Home buyer competition intensifies across Metro Vancouver’s housing market

Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent increase from the 2,150 sales recorded in February 2020, and a 56 per cent increase from the 2,389 homes sold in January 2021. 

Last month’s sales were 42.8 per cent above the 10-year February sales average. 

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