November 16, 2018
The 24th annual Realtors Care Blanket drive has kicked off. You can read more about it here:
Making a donation is easy - I can come and collect! Macdonald Realty is collecting toonies for socks and toques. Each pair of socks or toque cost $2. No donation is too big or too small. All are very much appreciated.
Socks are a lifeline and the most important item to a homeless person. Without them, feet can become infected, blistered and render the homeless unable to walk. Toques will keep a homeless person warm and dry during our winter.
If you would like to make a donation of any of the following, I can come and collect these as well:
• gently used or new blankets or sleeping bags
• warm clothing, coats
• hats, gloves, scarves
• new socks and underwear
• plastic ponchos, bivy sacks
Now, as far as what happened in real estate in Greater Vancouver: listings are at a four-year high for October as sales remain below typical levels.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region were 34.9% lower in October 2018 than October 2017, but 23.3% higher compared to September 2018.
Last month’s sales were 26.8% below the 10-year October sales average.
“The supply of homes for sale today is beginning to return to levels that we haven’t seen in our market in about four years,” Phil Moore, REBGV president said. “For home buyers, this means you have more selection to choose from. For sellers, it means your home may face more competition, from other listings, in the marketplace.”
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 42.1% higher compared to October 2017 and 0.8% lower compared to September 2018.
“Home prices have edged down between three and five per cent, depending on housing type, in our region since June,” said Moore. “This is providing a little relief for those looking to buy compared to the all-time highs we’ve experienced over the last year.”
Here's the snapshot for Vancouver - contact me if you'd like info on another area:
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A large part of my business comes from referrals, so if you or someone you know is interested in buying and/or selling, please pass along my contact information and I would be happy to speak with them about how I can help.