Helen Gambling  'A Sure Bet in Real Estate'

Personal Real Estate Corporation


(604) 466-2838
 

 

We’re only weeks away from the start of a new year. I hope it turns out to be a terrific one for you and your family.
If you’re like most people, you probably have things you want to do and accomplish in 2016. Perhaps your plan is for something personal, like taking up a new sport. Maybe it’s something familyoriented, like arranging the vacation of a lifetime.

 

Whatever your plans, there’s one thing for sure: rarely can a goal be achieved without some help. In some cases, expert help. That’s where I come in. You see, as your REALTOR®, I can help with most goals that are real-estate related.

 

I don’t have to remind you that your home is a big investment. Possibly your biggest Whether it’s providing an assessment of your property’s value in today’s market, helping you determine the benefits of a renovation, or getting you into a brand new home, I can help.


So if the coming year’s plan includes something to do with your home, please give me a call. When it comes to real estate, I’m all about turning my clients’ goals into reality.

 

Season's Greetings, wishing you and your family health and happiness!


All the best!

 

Helen Gambling

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Simple Ways to Reduce Your Monthly Utility Costs

 

Many homeowners think there’s not much they can do about telephone, heating, water and other utility expenses. Sure, you may grumble about a high heating bill one month, but what can you do about it?

 

Turns out, you can do plenty. There are several ways to reduce monthly utility costs that can save you tens or even hundreds of dollars. For example:

 

  • Shop around for a better phone plan. Then contact your phone company. They might match the rates.

 

  • Turn down the thermostat on your water heater. You likely don’t need tap water to be that hot.

 

  • Clean the screen on your outside air conditioning unit regularly. (Gently with the water hose.) Dirt and leaves can build up on it, reducing the unit’s efficiency.

 

  • Leverage the sun. Open curtains in the winter to gain heat. Block direct sunlight in summer to keep the cool air inside.

 

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Housing demand remains strong despite diminishing supply


VANCOUVER, B.C. – December 2, 2015 – Home sales reached near record levels in
November even as home listings began the traditional year-end decline.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Metro Vancouver reached 3,524 on the Multiple Listing Service® (MLS®) in November 2015.


This represents a 40.1 per cent increase compared to the 2,516 sales recorded in November 2014,
and a 3.3 per cent decrease compared to the 3,646 sales in October 2015.


Last month’s sales were 46.2 per cent above the 10-year sales average for the month and rank as
the second highest November on record for residential property sales.


“November is typically one of the quietest months of the year in our housing market, but not this
year,” Darcy McLeod, REBGV president said. “The ratio of sales to home’s available for sale
reached 44 per cent in November, which is the highest it’s been in our market in nine years.”


New listings for detached, attached and apartment properties in Metro Vancouver totalled 3,392
in November. This represents a 12.5 per cent increase compared to the 3,016 new listings
reported in November 2014.


The total number of properties listed for sale on the real estate board’s MLS® is 8,096, a 35 per
cent decline compared to November 2014 and a 15.4 per cent decline compared to October 2015.
“Demand remains strong and there are housing options at different price points throughout the
region,” McLeod said. “It’s important to work with your REALTOR® to understand your
options before you embark on your home buying journey.”


The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $752,500. This represents a 17.8 per cent increase compared to
November 2014.


The sales-to-active-listings ratio in November was 43.5 per cent. Generally, analysts say that
downward pressure on home prices occurs when the ratio declines below the 12 per cent mark,
while home prices often experience upward pressure when it reaches 20 per cent, or higher, in a
particular community for a sustained period of time.


Sales of detached properties in November 2015 reached 1,335, an increase of 31.9 per cent from
the 1,012 detached sales recorded in November 2014, and a 44.2 per cent increase from the 926
units sold in November 2013. The benchmark price for a detached property in Metro Vancouver
increased 22.6 per cent from November 2014 to $1,226,300.


Sales of apartment properties reached 1,553 in November 2015, an increase of 47.6 per cent
compared to the 1,052 sales in November 2014, and an increase of 60.3 per cent compared to the
969 sales in November 2013. The benchmark price of an apartment property increased 14 per
cent from November 2014 to $435,000.


Attached property sales in November 2015 totalled 636, an increase of 40.7 per cent compared to
the 452 sales in November 2014, and a 49.3 per cent increase from the 426 attached properties
sold in November 2013. The benchmark price of an attached unit increased 11.3 per cent
between November 2014 and 2015 to $536,600.

 

*Editor’s Note: Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast,
Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody,
Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta.


Source: REBGV

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