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blue-white-pearl-icon-Vancouver-Real-Estate-thumbs-up1A brokerage you can trust
Remax No. 1 Brokerage in Canada Remax No. 1 Brokerage in CanadaWork with a reputable brokerage and good track record in the past.
blue-white-pearl-icon-Vancouver-Real-Estate-thumbs-up1Knowledge & Experience
Vancouver Medallion Club Realtor Vancouver Medallion Club RealtorI have grown up and Studies in Vancouver, Burnaby cities. As a full time professional real estate agent, we work on Real Estate Buying and Selling everyday in the cities of Greater Vancouver area. I am Top 10% Realtor of Greater Vancouver in 2015, 2016 & 2017. In addition, we have committed to bring the top real estate services to our clients. And I have proven track record to break price record for our listings to get best result for our Sellers. Your Best Interest and Satisfaction are my priority.
blue-white-pearl-icon-Vancouver-Real-Estate-thumbs-up1Matterport 3D Virtual Realty
matterport 3D Virtual Realty Real Estate Agent matterport 3D Virtual Realty Real Estate AgentRevolutionary technology that creates a 3D Virtual Realty map of your home, allowing buyers to virtually walk through the space. 
Click here to see more about Matterport 3D Virtual Realty.
blue-white-pearl-icon-Vancouver-Real-Estate-thumbs-up1Home Staging
Home Staging Service by Real estate agent Lotus Yuen Home Staging Service by Real estate agent Lotus YuenStaging a home to showcase its full potential, accentuate its strengths, minimize the impact of its weaknesses and optimize the space’s flow enables a broad range of potential buyers to connect with the property and more easily see themselves living in it. We invest at our cost, you benefit from the result.
blue-white-pearl-icon-Vancouver-Real-Estate-thumbs-up1Digital Marketing Strategy
online-marketing Real Estate Agent online-marketing Real Estate AgentAccording to Google, 90% of home buyers use Google Search as some point during the home buying process.  The value of an online presence, in terms of real estate, has never been more important, as more and more people are finding homes for sale online. 
Home buyers rely less on newspapers and open houses, and more on online resources, in order to obtain valuable home buying information, which they require in order to go about purchasing a home.  Click here to see more about Digital Marketing.
blue-white-pearl-icon-Vancouver-Real-Estate-thumbs-up1Multi Language Marketing
Vancouver Real Estate chinese English
We do not limit our target client locally.  We will still invest to market your property for local buyers.  However, we will not ignore another groups of oversea buyers who are investors, oversea resident and Canadians, and Chinese speaking clients, etc.  Our marketing will not be only English, but also Chinese in popular websites. Click here to see more about Marketing Strategy.
blue-white-pearl-icon-Vancouver-Real-Estate-thumbs-up1Unparalleled Services

From start to finish, I aim to provide the highest level of professionalism, communication and service in every transaction.  And I will meet you in person (not sending an assistance or Junior real estate agent) to understand your requirement, we will custom a marketing plan for you to achieve your real estate goals.  We have a group professionals to support you from mortgage, renovator,  inspection, lawyer.

We will walk you through for the whole process.

 

Getting more

Find-out-more Lotus Yuen PREC Selling Real Estate

Please feel free to give me a call at (778) 862 8321 or email me at LotusYuen@gmail.com for No obligation consultancy.   We love hear more from you and understand your needs and your plan.  And we can provide professional advice to you.

 Your BEST Interest and satisfaction are my FIRST Priority.

 

Professional Buyer Representation
vip_icon We offer the most modern tools to help you buy your next home. Expertly trained in negotiating, we will not only provide you with the highest level of market knowledge and customer service, but also get you the best price possible.  And We educate you along the whole process for Resale or Presale.

Vancouver MLS Search System provides you to find home easily and send you the listing once it hits to the market.   Be the first group to know new listings.   Let us find your dream home for you without hassle.


 

Featured Listings

Featured Listings

Featured list home and real estate in Greater Vancouver


  

Vancouver East Detached House Real Estate Market Update

Statistics for Average Price per Sqft

 

Real Estate Market Report in Greater Vancouver for Jan2020

Greater Vancouver Real Estate Market Report Jan 2020

Real Estate Market Report in Greater Vancouver for Jan 2020 :

Home sale activity up, supply down to start 2020

Home sale and price activity remained steady in Metro Vancouver* to start 2020 while home listing activity declined in January.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4 per cent increase from the 1,103 sales recorded in January 2019, and a 22.1 per cent decrease from the 2,016 homes sold in December 2019.

Last month’s sales were 7.3 per cent below the 10-year January sales average.

“We’ve begun 2020 with steady home buyer demand that tracks close to the region’s long-term average,” Ashley Smith, REBGV president said. “Looking at supply, we’re seeing fewer homes listed for sale than is typical for this time of year. As we approach the traditionally more active spring market, we’ll keep a close eye on supply to see if the number of homes being listed is keeping pace with demand.”

There were 3,872 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2020. This represents a 20.1 per cent decrease compared to the 4,848 homes listed in January 2019 and a 143.8 per cent increase compared to December 2019 when 1,588 homes were listed.

Last month’s new listings were 17.4 per cent below January’s 10-year average.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,617, a 20.3 per cent decrease compared to January 2019 (10,808) and a 0.2 per cent increase compared to December 2019 (8,603), and is 13.7 per cent below the 10-year January average.

For all property types, the sales-to-active listings ratio for January 2020 is 18.2 per cent. By property type, the ratio is 11.6 per cent for detached homes, 22.6 per cent for townhomes, and 23.9 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 $1,008,700. This represents a 1.2 per cent decrease over January 2019, a 1.4 per cent increase over the past six months, and a 0.8 per cent increase compared to December 2019.

Sales of detached homes in January 2020 reached 439, a 29.5 per cent increase from the 339 detached sales recorded in January 2019. The benchmark price for detached properties is $1,431,200. This represents a 1.7 per cent decrease from January 2019, a one per cent increase over the past six months, and a 0.5 per cent increase compared to December 2019.

Sales of apartment homes reached 814 in January 2020, a 45.6 per cent increase compared to the 559 sales in January 2019. The benchmark price of an apartment property is $663,200. This represents a one per cent decrease from January 2019, a 1.5 per cent increase over the past six months, and a one per cent increase compared to December 2019.

Attached home sales in January 2020 totalled 318, a 55.1 per cent increase compared to the 205 sales in January 2019. The benchmark price of an attached unit is $782,500. This represents a 0.7 per cent decrease from January 2019, a 1.6 per cent increase over the past six months, and a 0.5 per cent increase compared to December 2019. 

Editor’s note

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

Source: Real Estate Board of Greater Vancouver

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Lotus Yuen PREC (Real Estate Specialist & Realtor) | (778) 862 8321 | Remax Crest Realty

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