131 19678 POPLAR Drive, Central Meadows Pitt Meadows


GREAT OPPORTUNITY TO OWN IN POPULAR MEADOW HIGHLANDS CO-OP PARK! Don't miss your chance! This updated manufactured home offers an affordable lifestyle with easy low maintenance. Offers 845 sq.ft, 2 bedrooms, large 4pce. bath with soaker tub & shower . Updates include crown mouldings, drywall, refinished oak cabinets, hardware, stainless steel appliances, counter top gas stove, wall oven, french door fridge, kitchen tiled floor, hardwood floors thru-out, serviced furnace, roof & updates approximately 8 years old and a newer hot water tank. Nice large covered deck with storage room, covered parking & shed. RV parking available in the park, monthly fee of $247 includes garbage pick-up, use of indoor pool, clubhouse & tennis courts. Convenient location to Westcoast Express, shopping & transit. Easy to show by appointment. Good interior conditions, no interior photos due to stored boxes.


Link to listing: https://helengambling.com/mylistings.html/listing.r2393151-131-19678-poplar-drive-pitt-meadows-v3y-1z3.90043688


Main Photo: 131 19678 POPLAR Drive in Pitt Meadows: Central Meadows Manufactured Home for sale in "MEADOW HIGHLANDS PARK" : MLS®# R2393151

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12140 202 Street, Northwest Maple Ridge


A PLACE TO CALL HOME...CONVENIENT WESTSIDE LOCATION! GREAT FAMILY HOME in a popular family neighbourhood! Short walk to Fairview & Maple Ridge Christian Elementary & Westview High School & to local park with playground & basketball court. Walk to West Coast Express, shopping & quick access to Golden Ears Bridge & connector. Well Maintained 4 level split with room for a growing family with a partially finished basement with 1 bedroom & rec-room, lots of storage area. Kitchen with oak cabinets, separate eating area & access to deck, familyroom with gas F/P & sliders out to backyard, 3pce bath & laundry room. Upstairs with hallway skylight, master bedroom with W/I closet & 4pc ensuite, 4pc main bath & 2 good size bedrooms. Covered deck, large private east facing backyard. Make this your own!


Link to listing: https://helengambling.com/mylistings.html/listing.r2394155-12140-202-street-maple-ridge-v2x-8x4.90069878


Main Photo: 12140 202 Street in Maple Ridge: Northwest Maple Ridge House for sale : MLS®# R2394155

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August 2, 2019

Home sales increase in July

Home buyer demand picked up across Metro Vancouver last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,557 in July 2019, a 23.5 per cent increase from the 2,070 sales recorded in July 2018, and a 23.1 per cent increase from the 2,077 homes sold in June 2019.


Last month’s sales were 7.8 per cent below the 10-year July sales average.


“While home sale activity remains below long-term averages, we saw an increase in sales in July compared to the less active spring we experienced,” Ashley Smith, REBGV president said. “Those looking to buy today continue to benefit from low interest rates, increased selection, and reduced prices compared to the heated market a few years ago.”


There were 4,613 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in July 2019. This represents a 3.3 per cent decrease compared to the 4,770 homes listed in July 2018 and a 2.9 per cent decrease compared to June 2019 when 4,751 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 14,240, a 17.3 per cent increase compared to July 2018 (12,137) and a 4.9 per cent decrease compared to June 2019 (14,968).


For all property types, the sales-to-active listings ratio for July 2019 is 18 per cent. By property type, the ratio is 13.5 per cent for detached homes, 20 per cent for townhomes, and 22 per cent for apartments.


Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.


“To better understand conditions in your property type or neighbourhood of choice, it’s important to work with your local REALTOR®. They can help you develop a strategy to reach your long-term real estate goals,“ Smith said.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $995,200. This represents a 9.4 per cent decrease over July 2018 and a 0.3 per cent decrease compared to June 2019.


Sales of detached homes in July 2019 reached 841, a 32 per cent increase from the 637 detached sales recorded in July 2018. The benchmark price for detached properties is $1,417,000. This represents a 10.5 per cent decrease from July 2018, and a 0.5 per cent decrease compared to June 2019.


Sales of apartment homes reached 1,243 in July 2019, a 15.2 per cent increase compared to the 1,079 sales in July 2018. The benchmark price of an apartment property is $653,200. This represents an 8.8 per cent decrease from July 2018, and a 0.2 per cent decrease compared to June 2019.


Attached home sales in July 2019 totalled 473, a 33.6 per cent increase compared to the 354 sales in July 2018. The benchmark price of an attached unit is $770,000. This represents a nine per cent decrease from July 2018, and a 0.6 per cent decrease compared to June 2019.


Download the July 2019 stats package.

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July 3, 2019

Housing supply up, home sales and prices down in June

With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and a 21.3 per cent decrease from the 2,638 homes sold in May 2019.


Last month’s sales were 34.7 per cent below the 10-year June sales average. This is the lowest total for the month since 1998.


“We’re continuing to see an expectation gap between home buyers and sellers in Metro Vancouver,” said Ashley Smith, REBGV president. “Sellers are often trying to get yesterday’s values for their homes while buyers are taking a cautious, wait-and-see approach.”


On the supply side, there were 4,751 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2019. This represents a 10 per cent decrease compared to the 5,279 homes listed in June 2018 and an 18.9 per cent decrease compared to May 2019 when 5,861 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 14,968, a 25.3 per cent increase compared to June 2018 (11,947) and a 1.9 per cent increase compared to May 2019 (14,685).


“Home buyers haven’t had this much selection to choose from in five years,” Smith said. “For sellers to be successful in today’s market, it’s important to work with your local REALTOR® to make sure you’re pricing your home for these conditions.”


For all property types, the sales-to-active listings ratio for June 2019 is 13.9 per cent. By property type, the ratio is 11.4 per cent for detached homes, 15.8 per cent for townhomes, and 15.7 per cent for apartments.


Generally, analysts say that downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $998,700. This represents a 9.6 per cent decrease over June 2018 and a 0.8 per cent decrease compared to May 2019.


This is the first time the composite benchmark has been below $1 million since May 2017.


Sales of detached homes in June 2019 reached 746, a 2.6 per cent decrease from the 766 detached sales recorded in June 2018. The benchmark price for detached properties is $1,423,500. This represents a 10.9 per cent decrease from June 2018 and a 0.1 per cent increase compared to May 2019.


Sales of apartment homes reached 941 in June 2019, a 24.1 per cent decrease compared to the 1,240 sales in June 2018. The benchmark price of an apartment property is $654,700. This represents an 8.9 per cent decrease from June 2018 and a 1.4 per cent decrease compared to May 2019.


Attached home sales in June 2019 totalled 390, a 6.9 per cent decrease compared to the 419 sales in June 2018. The benchmark price of an attached unit is $774,700. This represents an 8.6 per cent decrease from June 2018 and a 0.6 per cent decrease compared to May 2019.


Download the June 2019 stats package.

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Upcoming Community Event: Canadian Multiculturalism Day

Saturday, June 29, 2019, Time: 9:00 AM - 2:00 PM
Location: Memorial Peace Park, 11900 224 Street, Maple Ridge,
Come celebrate culture within our community through cultural performances, children’s crafts and activities, music and food. Wear your traditional cultural clothing to win a prize. For more information call 604-467-6055.


Canadian Multiculturalism Poster 2019

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Upcoming Community Event: Celebrate Canada Day in Pitt Meadows on Monday July 1, 2019


This year marks Canada's 152nd birthday! There will be entertainment, artisans, a car show & shine, kids zone, dog show and so much more - you won't want to miss it. Location: 12007 Harris Road, Pitt Meadows


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Always 'A SURE BET IN REAL ESTATE ' for any of your real estate questions  concerns , market updates , assistance in buying or selling a home , or a market evaluation. 
Don't hesitate to contact me , I'm ready to help!


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Main Photo: 11947 ACADIA Street in Maple Ridge: West Central House for sale : MLS®# R2372668
 
NEW LISTING: 11947 ACADIA Street, Maple Ridge

PERFECT COMBINATION, EXTENSIVELY RENOVATED split entry style home with a CUL-DE-SAC location and contains a lovely, large renovated 2 bedroom self contained in-law suite. Enjoy the beautifully landscaped, private, fenced 9158 sq.ft lot with a west facing backyard. For the hobbyist or car collector bonus of having a HEATED DETACHED 29' x 22' GARAGE with a 9' door and 10' ceiling,a 2pc bath and shelving for extra storage, with convenient LANE ACCESS. Too many improvements to list! This beautiful home features vaulted post & beam ceiling, 2 gas fireplaces, main floor fireplace has been updated. Beautiful updated bright white kitchen, soft close cabinets and granite counters, undermount sink, stainless steel appliances, gas stove and some built in shelving/cabinets. Nice open living area with laminate floors, updated baths with quartz counters, main bath with heated floor. Newer fixtures & lighting, vinyl windows, updated exterior doors, 60 gallon hot water tank, R50 insulation and upgraded plumbing. Huge covered deck that wraps around to the back of home, has a natural gas BBQ hookup. RV parking available. Shed/playhouse plus a 20' x 8' storage unit with ramp, located to side of garage perfect for ATV's, bikes etc. Gardeners delight to enjoy cherry and apple trees plus blueberry bushes! Close to town, shopping and recreation. Don't miss the opportunity on this fantastic home and property!
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June 4, 2019

May sees modest increase in home sales while housing supply reaches five-year high

Monthly Metro Vancouver1 home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and a 44.2 per cent increase from the 1,829 homes sold in April 2019.


Last month’s sales were 22.9 per cent below the 10-year May sales average and was the lowest total for the month since 2000.


“High home prices and mortgage qualification issues caused by the federal government’s B20 stress test remain significant factors behind the reduced demand that the market is experiencing today,” Ashley Smith, REBGV president said.


There were 5,861 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver last month. This represents an 8.1 per cent decrease compared to the 6,375 homes listed in May 2018 and a 2.1 per cent increase compared to April 2019 when 5,742 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 14,685, a 30 per cent increase compared to May 2018 (11,292) and a 2.3 per cent increase compared to April 2019 (14,357). This is the highest number of homes listed for sale since September 2014 (14,832).


“Whether you’re a buyer looking to make an offer or a seller looking to list your home, getting your pricing right is the key in today’s market,” Smith said. “To be competitive, it’s important to work with your local REALTOR® to assess and understand the latest trends in your neighbourhood and property type of choice.”


For all property types, the sales-to-active listings ratio for May 2019 is 18 per cent. By property type, the ratio is 14.2 per cent for detached homes, 20 per cent for townhomes, and 21.2 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.


The MLS® Home Price Index2 composite benchmark price for all residential homes in Metro Vancouver is currently $1,006,400. This represents an 8.9 per cent decrease over May 2018, a 3.4 per cent decrease over the past six months, and a 0.4 per cent decrease compared to April 2019.


Sales of detached homes in May 2019 reached 913, a 1.4 per cent decrease from the 926 detached sales recorded in May 2018. The benchmark price for a detached home in the region is $1,421,900. This represents an 11.5 per cent decrease from May 2018, a 5.4 per cent decrease over the past six months, and a 0.5 per cent decrease compared to April 2019.


Sales of apartment homes reached 1,246 in May 2019, a 12.9 per cent decrease compared to the 1,431 sales in May 2018. The benchmark price of an apartment property is $664,200. This represents a 7.3 per cent decrease from May 2018, a two per cent decrease over the past six months, and a 0.5 per cent decrease compared to April 2019.


Attached home sales in May 2019 totalled 479, a 0.6 per cent increase compared to the 476 sales in May 2018. The benchmark price of an attached unit is $779,400. This represents a 7.6 per cent decrease from May 2018, a 3.5 per cent decrease over the past six months, and a 0.6 per cent increase compared to April 2019.


Download the May 2019 stats package.

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Local Community Event: GSS Music Marathon - Friday, May 10, 2019 - Time: 1:00 PM - 8:00 PM
Time Details: Music starts at 1:00 PM and continues for 7 hours. Showcase from 6:00-8:00 PM will feature every group performing at least once.
Location: View Facility, Memorial Peace Park - Address: 11900 224 Street, Maple Ridge, BC 
Cost: By donation; this is a fundraising event, but it's also a concert in the Bandstand for all to enjoy.
https://www.mapleridge.ca/Calendar.aspx…


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May 2, 2019

Reduced demand and increased supply remain the trend across Metro Vancouver’s housing market

Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver housing market.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,829 in April 2019, a 29.1 per cent decrease from the 2,579 sales recorded in April 2018, and a 5.9 per cent increase from the 1,727 homes sold in March 2019.


Last month’s sales were 43.1 per cent below the 10-year April sales average.


“Government policy continues to hinder home sale activity. The federal government’s mortgage stress test has reduced buyers’ purchasing power by about 20 per cent, which is causing people at the entry-level side of the market to struggle to secure financing,” Ashley Smith, REBGV president said. “Suppressing housing activity through government policy not only reduces home sales, it harms the job market, economic growth and creates pent-up demand.”


There were 5,742 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in April 2019. This represents a 1.3 per cent decrease compared to the 5,820 homes listed in April 2018 and a 16 per cent increase compared to March 2019 when 4,949 homes were listed.


The total number of homes currently listed for sale on the MLS® in Metro Vancouver is 14,357, a 46.2 per cent increase compared to April 2018 (9,822) and a 12.4 per cent increase compared to March 2019 (12,774).


“There are more homes for sale in our market today than we’ve seen since October 2014. This trend is more about reduced demand than increased supply,” Smith said. “The number of new listings coming on the market each month are consistent with our long-term averages. It’s the reduced sales activity that’s allowing listings to accumulate.”


The overall sales-to-active listings ratio for April 2019 is 12.7 per cent. By property type, the ratio is 9.4 per cent for detached homes, 15.4 per cent for townhomes, and 15.3 per cent for apartments.


Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,008,400. This represents an 8.5 per cent decrease over April 2018, and a 0.3 per cent decrease compared to March 2019.


Detached home sales totalled 586 in April 2019, a 27.4 per cent decrease from the 807 detached sales in April 2018. The benchmark price for a detached home is $1,425,200. This represents an 11.1 per cent decrease from April 2018, a 0.8 per cent decrease compared to March 2019.


Apartment home sales totalled 885 in April 2019, a 32.3 per cent decrease compared to the 1,308 sales in April 2018. The benchmark price of an apartment is $656,900 in the region. This represents a 6.9 per cent decrease from April 2018 and is unchanged from March 2019.


Attached home sales totalled 358 in April 2019, a 22.8 per cent decrease compared to the 464 sales in April 2018. The benchmark price of an attached home is $783,300. This represents a 7.5 per cent decrease from April 2018 and is unchanged from March 2019.


 Download Stats PDF: http://listserv.realtorlink.ca/t/359721/2549256/126544/44/


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Helen Gambling
Cell: (604) 230-7311
Office: (604) 466-2838
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.