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– Vancouver Real Estate Realtor with Profession, Knowledge and Caring

Hello! I’m Lotus Yuen, I am a Medallion Club member and Top 10% Realtors of Real Estate Broad of Greater Vancouver 2015. And I am a Realtor with Sutton WestCoast Realty with currently 25 offices in British Columbia. I have very strong background in Real Estate, Finance, Technologies, and Marketing. And the skills can definitely help me to add values to my real estate services for my clients.

I’m passionate about Vancouver, Burnaby, Richmond and Coquitlam real estate and love helping people make great decisions. I have always done my best for everyone I work with by acting with Trust, Honesty and Integrity. I measure my success in terms of your happiness and satisfaction. This is my committment to my clients.

Please feel free to give me a call at (778) 862 8321 or email me at LotusYuen@gmail.com for No obligation consultancy.   Before you make a decision for hiring a Realtor to get your home SOLD, it is important for me to show you how I can SAVE you more money, but add more services to get it SOLD with better price and with professional real estate services.

Our Marketing is Better We Sell your property with Top Dollars Professional Buyer Representation
marketing_icon Extensive Internet marketing,  Professional Photos and Videos, and several custom websites is just the start. We actually spend a lot of money up front to market your home. soldhouseFree Home Staging services for a non-vacant home by a Home Staging Professional.  We provide compliementary value-added services to your home at our cost.  In addition, We eliminate the guesswork by pricing your home accurately and marketing efficiently. We show you what it’s worth and will sell your home in the time frame you desire. 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.  Let us find your dream home for you without hassle.

 

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Featured list home and real estate in Greater Vancouver including Burnaby, Vancouver, Richmond areas

Greater Vancouver Real Estate Market Update for April 2016

Vancouver Real Estate Market Update May

<< Greater Vancouver Real Estate Market Update >>

Home sales remain at record levels across Metro Vancouver

 

Vancouver Real Estate Market Update Dec

Last month was the highest selling April on record for Metro Vancouver.

Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared to March 2016 when 5,173 homes sold.

April sales were 41.7 per cent above the 10-year sales average for the month.

“Home buyer competition remains intense across the region,” Dan Morrison, REBGV president said. “Whether you’re a home buyer or seller, it’s important to work with your local REALTOR® to get the information you need and to develop a strategy that will help you navigate today’s market.”

New listings for detached, attached and apartment properties in Metro Vancouver totalled 6,127 in April 2016. This represents an increase of 3.9 per cent compared to the 5,897 units listed in April 2015 and a 2.4 per cent decline compared to March 2016 when 6,278 properties were listed.

“While we’re seeing more homes listed for sale in recent months, supply is still chasing this unprecedented surge of demand in our marketplace,” Morrison said.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 7,550, a 39.3 per cent decline compared to April 2015 (12,436) and a 2.6 per cent increase compared to March 2016 (7,358).

The sales-to-active listings ratio for April 2016 is 63.3 per cent. This is indicative of a seller’s market.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period of time.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $844,800. This represents a 25.3 per cent increase compared to April 2015.

Sales of detached properties in April 2016 reached 1,979, an increase of 9 per cent from the 1,815 detached sales recorded in April 2015. The benchmark price for detached properties increased 30.1 per cent from April 2015 to $1,403,200.

Sales of apartment properties reached 2,107 in April 2016, an increase of 33.4 per cent compared to the 1,579 sales in April 2015.The benchmark price of an apartment property increased 20.6 per cent from April 2015 to $475,000.

Attached property sales in April 2016 totalled 695, a decrease of 11.5 per cent compared to the 785 sales in April 2015. The benchmark price of an attached unit increased 22.1 per cent from April 2015 to $608,600.

Download the full stats package by clicking here.

Vancouver Real Estate Market Update | Greater Vancouver Real Estate Market Update | Vancouver House Townhouse Condo Market Update

Lotus Yuen2015 Medallion Member Top 10% of Realtors in Greater Vancouver | Sutton Grp-West Coast Realty | 778-862-8321