north vancouver homes for sale: Market conditions drive strong June housing sales - 07/03/09 02:37 PM
VANCOUVER, B.C. – July 3, 2009 – The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per cent in June 2009 to 4,259, from the 2,425 sales recorded in June 2008. The figure is just short of the record-breaking 4,333 sales which occurred in June 2005. New listings for detached, attached and apartment properties declined 17.9 per cent to 5,372 in June 2009 … (0 comments)

north vancouver homes for sale: North Vancouver Homes - The Q Report February 2009.02 - 03/08/09 06:39 PM

www.AlphonseQ.com
Detached Homes - At an average benchmark price of $739,856, February detached home prices declined 5.6% from January, and 16.1% from twelve months ago. The number of detached homes sold in February was up 283.3% from the low point reached in January, but down 43.2% from one year ago. The supply of detached homes on the market fell 6.6% from last February.
Townhouse benchmark prices averaged $535,646, down 13.6% from one year ago. February sales were down 65.7% over this period.
Condominium prices in North Vancouver declined 15.6% from February 2008, while sales fell 59.1%. The February inventory of condos … (0 comments)

north vancouver homes for sale: Home listings withdraw as sales volume slows - 02/05/09 05:53 AM
VANCOUVER, B.C. - February 3, 2009 - The first month of 2009 saw a continued reduction in the number of homes listed for sale in Greater Vancouver, while sales volumes in January were the lowest for that month since the early 1980s.The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties declined 58.1 per cent in January 2009 to 762 from the 1,819 sales recorded in January 2008.New listings for detached, attached and apartment properties declined 20.9 per cent to 3,700 in January 2009 compared to January 2008, when 4,675 new units were listed. … (0 comments)

north vancouver homes for sale: Federal budget offers good news for homebuyers and homeowners - The "Q" Report - 01/29/09 03:21 AM
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VANCOUVER, B.C. - January 29, 2009 -Yesterday's federal budget offered a number of initiatives to benefit homebuyers and homeowners in our communities.
"The housing measures tabled in yesterday's budget will go a long way to addressing local economic uncertainties, consumer confidence and the quality of life in our neighbourhoods," said REBGV president Dave Watt. "Home sales are so important to our economy. Each time a home changes hands, the transaction generates significant spin-offs and jobs because homebuyers also purchase furniture, appliances, carpeting, and numerous other goods and services related to their homes."
The federal budget announced a new First-Time Home … (0 comments)

north vancouver homes for sale: Metro Vancouver Homes - The Q Report December 2008.12 - 01/18/09 05:43 PM
Metro Vancouver real estate sales continued their downward trend, ending 2008 at 35.2% fewer sales than last year. The number of overall listings avaialble for sale was down 8.9% this December over last. Challenges in the global economy in 2008 have brought relief from detached home benchmark prices that had rised fro $357,770 in 2001 to $648,421 in December 2008. Detached home prices have now reached levels consistent with those of mid-2006.
Detached home prices in Metro Vancouver have fallen 11.2% from December 2007, to an average benchmark price of $648,421, while listings available for sale were up 6%. The number of … (2 comments)

north vancouver homes for sale: Squamish Homes - The Q Report December 2008.12 - 01/18/09 05:40 PM
The number of 2008 detached home sales in Squamish was down 40% from last year. December 2008 inventory levels were consistent with those of one year ago.
Squamish townhouse and condominium sales were down 48.5% from 2007. Inventory levels this December were down 78.1% from December of last year, in part due to the slowing of new building construction.
Statistical source: Real Estate Board of Greater Vancouver
Published Sunday, January 18, 2009 2:57 PM by Alphonse Quenneville
www.AlphonseQ.com
 
(0 comments)

north vancouver homes for sale: North Vancouver Homes - The Q Report December 2008.12 - 01/18/09 05:37 PM
Detached homes - At an average benchmark price of $728,600, December detached home prices in North Vancouver were down 16.4% from twelve months ago. Current pricing is consistent with early 2006. The number of detached homes sold in 2008 declined 27.5% from 2007. Detached homes available for sale increased by 63.2% over last December.
Townhouse benchmark prices averaged $506,158, down 12.4% from one year ago. 2008 sales were down 32% from last year.
Condominium prices in North Vancouver are down 16.2% from December 2007, while 2008 sales have fallen 36.4% from last year. The December inventory of condos available for sale is … (0 comments)

north vancouver homes for sale: West Vancouver Homes - The Q Report December 2008.12 - 01/18/09 05:35 PM
West Vancouver detached home prices declined 12.8% from December of last year, reaching a benchmark price of $1,168,852. As the number of units sold in 2008 was down 38.3%, the number of detached homes available for sale fell by 4% this December over last.
Statistical source: Real Estate Board of Greater Vancouver
Published Sunday, January 18, 2009 2:38 PM by Alphonse Quenneville
www.AlphonseQ.com
 
(2 comments)

north vancouver homes for sale: People are still Planning on Moving & Buying in British Columbia - 11/03/08 02:43 PM
www.AlphonseQ.com - The "Q" Report
Sales in Metro Vancouver including West Vancouver Homes and North Vancouver Homes have slowed considerably and prices have reversed.  People are still planning on buying as indicated by Ipsos Reid. A new Ipsos Reid survey shows that the number of people who intend to buy is holding steady.
Sean Simpson of Ipsos Reid says "Home purchasing intentions in Canada are relatively stable. Nationally, they are down just one percentage point from when we asked the question in January and in British Columbia they are actually up one percentage point"
Ipsos Reid says 22% of Canadians are … (0 comments)

north vancouver homes for sale: Residential housing price decline creates buying opportunities - 11/03/08 01:34 PM
VANCOUVER, B.C. www.AlphonseQ.com  The "Q" Report
November 3, 2008 - Housing price reductions across Greater Vancouver over the last six months have eliminated price gains witnessed in the first quarter of 2008.
 The Real Estate Board of Greater Vancouver (REBGV) reports that residential benchmark prices, as calculated by the MLSLink Housing Price Index®, declined 8.8 per cent between May and October 2008, resulting in a 3.9 per cent year-to-date price reduction for detached, attached and apartment properties in Greater Vancouver between Octobers 2007 and 2008. In May 2008, the overall residential benchmark price was $568,411, compared to $518,668 in October 2008.
 "Home … (0 comments)

north vancouver homes for sale: Fall Outlook For Real Estate - The "Q" Report - 09/08/08 07:37 PM
After the U.S. election in November, all bets are off with respect to interest rates. The start of a new presidential term is typically when tough medicine is doled out to fix the economy. An upward draft in U.S. rates would come as no surprise. Iʼd recommend locking in your mortgage rate now for a minimum four year term, if an increase in mortgage rates could jeopardize your financial position. Uncertainty and lack of consumer confidence are having an impact on Real Estate and Equity Markets. The Toronto Stock Exchange's main index plunged over 470 points today, dragged lower by retreating … (0 comments)

north vancouver homes for sale: North Vancouver Homes -The Q Report July 2008.07 - 08/28/08 09:34 AM
At an average benchmark price of $883,972, detached home prices were up 4.3% over last July, but down 1.1% from last month. The number of detached homes sold declined 33% from July 2007, a significant dip in the 21.9% year-to-date decline from this time last year. Detached homes available for sale in July increased by 20.3% from Juy 2007.
North Vancouver townhouse prices were up 5% from one year ago. Sales were down 34.8% in July, significantly lower than the year-to-date decline of 19.4%.
While condominium prices in North Vancover were up 3.4% from July 2007, the number of condo sales … (0 comments)

 
Alphonse J. Quenneville (Royal LePage Northshore)

Alphonse J. Quenneville

West Vancouver, BC

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Royal LePage Northshore

Address: 2407 Marine Drive, West Vancouver, BC, V7K 2R1

Office: (604) 926-6011

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Metro Vancouver market updates including North Vancouver Homes, & West Vancouver Homes.


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