KEVIN O'TOOLE'S SUMMER 2006 HEADLINES

CURRENT MARKET CONDITIONS

AREAS TO WATCH

NEW UK & EU CONTACT NUMBER

LISTINGS & SALES

Greater Vancouver Current Market Conditions

The Real Estate Board of Greater Vancouver (REBGV) reports that total residential sales for detached, attached and apartment properties reached 2,732 units in July 2006, a decrease of 25.2 per cent when compared to the 3,652 units sold in July 2005.

“It’s important to note that the sales figures for July are reflective of a more traditional summer market cycle, when consumers take a break for vacations,” says REBGV president Rick Valouche. “Last year was the best year on record for real estate in the Greater Vancouver area and the 3,652 units we moved in July 2005 were a bit of a market anomaly. The numbers we are seeing this summer are closer to the sales figures we saw in 2004.

The benchmark price of a detached unit in Greater Vancouver, calculated by the MLSLink® Housing Price Index, is $644,461, up 19.4 per cent from last year. The benchmark price of an apartment property is $328,966, up 22.8 per cent from one year ago.

Download the press release: CLICK HERE 

Areas to Watch

For Over the last few months and years, I have been keenly watching a number of areas within the Greater Vancouver region. One of the most interesting ways of tracking popularity is the number of searches on the web. Based on enquiries to my web site: www.findaproperty.ca, The Sunshine Coast is definitely one of the top places to watch over the next few years. Every day, more people come to www.findaproperty.ca looking for the Sunshine Coast than any other specific area.

Along with the Sunshine Coast, other areas that have been popular queries on the site include East Vancouver, Lions Bay, Britannia Beach, Squamish, Furry Creek, and increasingly Gambier Island. These areas, along with the ever-popular North & West Vancouver and Vancouver's West Side, may prove to be the places to be over the next few years.

For more information on these and other hot areas, please contact Kevin on (+1) 604.340.1267

New UK & EU Contact Number

Due to the increasing number of enquiries I have received over the last year from the UK & Europe, I have acquired a London area phone number. This phone number allows residents of the UK and European Union with either a local call or low cost rate rather than overseas calling rates. If you are currently living in the UK or EU, you can reach me on +44 (0) 20 7870 2319. Please note that this number will still reach me in Vancouver which is 8 hours behind BST and 9 hours behind CET.

Listings & Sales

JUST LISTED & SOLD!  100 Stonegate, Furry Creek Away from stresses of urban sprawl, this is the perfect place to relax and enjoy life. This home features 3 bedrooms, office, media room, great room (18' ceiling) & a kitchen to die for! With the development of the Sea-to-Sky corridor rapidly making progress, you should look to get in before the rest of the world discovers what an amazing place this is to live.

OTHER SALES THIS SUMMER:

• 12-3437 W 4th, Vancouver $449,900

• 1134 E 24th, Vancouver $395,000

• 240 Oceanview, Lions Bay $815,000

• 821 Ridgeway, North Vancouver $699,000

• 20 E King Edward, Vancouver $768,800

• and more!

For more information on this and other properties, please keep visiting the Feature Listings section www.findaproperty.ca/listings/

Kevin is also looking to sell further homes in Furry Creek, Lions Bay, the North Shore and the rest of the Sea-to-Sky corridor after a number of recent sales in area.. 

If you are looking to sell your property, contact Kevin now. 604 340 1267 or kevin@findaproperty.ca 

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