real estate in british columbia: 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)

real estate in british columbia: 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

real estate in british columbia: 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)

real estate in british columbia: Our Leaders need a Chance - 11/12/08 04:51 AM
The "Q" Report 
We now have our new Canadian and American leaders elected. As Canadians, we ended up pretty much where we started. For Americans, there has been a total change of direction. Obama officially takes over in January amidst much optimism and anticipation. What Canadians and Americans need to understand is it will take time for Obama to achieve his goals. With the poor state of the economy in the U.S. a new President will require everyone's patience to move the country in the direction he has laid out, which will be no easy task.

Alphonse J. Quenneville (Royal LePage Northshore)

Alphonse J. Quenneville

West Vancouver, BC

More about me…

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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