macdonald realty
 
Greater Vancouver Real Estate Market Statistics – November 2019

Greater Vancouver Real Estate Market Statistics – November 2019

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

 

Burnaby East

Burnaby East had 11 sales and 42 active listings for detached homes at the end of the month. The benchmark sales price was $1,159,600.

The condo market featured 13 sales, 40 active listings, and a benchmark sales price was $718,100.  

The townhome market had 8 sales and 27 active listings. The benchmark sale price was $658,700.  

It’s a seller’s market in Burnaby East. 

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Burnaby North

In September, Burnaby North market had 27 sales and 147 active listings for detached homes. The benchmark sale price was $1,380,700. 

There were 86 sales and 201 active listings for condos. The benchmark sale price was $595,900. 

The townhome market had 14 sales and 58 active listings. The benchmark sale price was $728,500.  

It’s a seller’s market for condos in Burnaby North. 

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Burnaby South

In Burnaby South, there were 40 sales of detached homes and 170 active listings at the end of the month. The benchmark sale price was $1,486,200.    

In comparison, the condo market had 110 sales, 319 active listings and a benchmark sale price of $647,300.  

The townhome market had 14 sales and 64 active listings. The benchmark sale price was $769,600.  

It’s a seller’s market for condos in Burnaby South. 

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Bowen Island

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Coquitlam

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Ladner

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Pitt Meadows

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Port Coquitlam

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Port Moody

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Richmond

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Tsawwassen

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Maple Ridge

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

New Westminster

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

North Vancouver

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Vancouver-East

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Vancouver-West

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

West Vancouver

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2019.

Looking for more information about the real estate market in specific neighbourhoods in the Greater Vancouver

Macdonald Realty has offices across the Greater Vancouver.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org 

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – November 2019

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – November 2019

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2019.

 

Whistler

In November 2019, Whistler had 13 sales of detached homes and 97 active listings. The benchmark sale price was $1,634,700.   

The condo market had 17 sales and 106 active listings at the end of the month.  The benchmark sale price was $499,300.   

Townhome sales were 20 sales, active listings were 65. The benchmark sale price was $940,700. 

It’s a buyer’s market for homes and condos.
Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2019.

 

Squamish

In November 2019, there were 17 sales of detached homes and 85 active listings in Squamish. The benchmark sale price was $979,400.   

The condo market had 12 sales and 63 active listings at the end of the month.  The benchmark sale price was $497,000.   

The townhome market had 16 sales and, the active listings were 32. The benchmark sale price was $708,300.

It’s a seller’s market for townhomes in Squamish.
Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2019.

 

Sunshine Coast

In November 2019, Sunshine Coast had 47 sales of detached homes and 302 active listings. The benchmark sale price was $588,000.   

The condo market had 2 sales and 50 active listings at the end of the month. 

Townhome sales were 8 sales while active listings were 61.

It’s a buyer’s market in Sunshine Coast.

 Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2019.

 

Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast? 

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org 

6 Minimalist Holiday Decoration Ideas

6 Minimalist Holiday Decoration Ideas

We’re excited for the most wonderful season of the year! The holidays are around the corner and we know decorating can be fun and challenging if you want to keep your space simple, contemporary or modern.

Whether you’re into winter land décor or prefer the traditional red & greens, we’ve searched Pinterest for five minimalist holiday decoration ideas that everybody will love! Start setting up early a fun, minimalist feeling for celebrations while crafting a cozy atmosphere at your home to get you in the festive spirit.


1. Bring the outdoors inside
String pinecones across a wall to bring a bit of the wintertime inside. Spray a bit of fake snow to make it extra wintery.


2. Trees of all shapes and sizes
Giving the hint or suggestion of a wintery tree will allude to the season, coordinate with your own colour scheme or let your imagination run wild.

Via “Sugar & Cloth


3. Forage for your decor
Decorative branches can be found in some designer store but also at your local park, be sure not to harm the trees. Hang the branch, lay it on your mantel for a forest feeling.

Via “Woods And Weaves”


4. Happiness is simple
You can bring a joyful mood to your home without feeling overwhelmed. Gold ornaments and tiny lights are timeless and will reflect natural shine throughout your home to add that extra sparkle to your decor.

Via “Elle Mixe

 

Via “Domino

 

Via “Domino

 

Via "Maison de Pax"

Via “Maison de Pax


6. Holiday colour palettes
Red and green are the power colour duo of the season. Create beautiful decorations by combining different elements like flowers, leaves and berries.

Via “Shifting Roots

Ready to give your home a glow and festive spirit?
Have fun and happy holidays!

Okanagan Real Estate Market Statistics – November 2019

Okanagan Real Estate Market Statistics – November 2019

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in November 2019.

Central Okanagan: Kelowna and Lake Country

There were 167 sales, 888 active listings, and a $752,004 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.

The condo market featured 97 sales and 479 active listings at the end of the month. The average sale price was $402,589.

Townhome sales were 58, active listings were 301 and the average sale price was $534,407.

It’s a balanced market in Central Okanagan. 

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in November 2019.  

 

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $547,131. At the end of the month, there were 58 sales and 375 active listings.

There were 7 sales and 71 active listings for condos. The average sale price was $205,914.

In comparison, townhomes featured 14 sales, 117 active listings and a $366,974 average sale price.

It’s a buyer’s market in North Okanagan.

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in November 2019.  

 

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – November 2019

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – November 2019

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in November 2019.

 

Greater Victoria

As released in the Victoria Real Estate Board report, the President of the Board Cheryl Woolley talks about the low inventory and strong demand for low to mid-priced properties in the area, which is pushing pricing up on condos and single-family homes that fall within that segment. She explains that it is a challenging time for those shopping for properties in this price range as they can often find themselves in a competing offer situation.

“The market this year is behaving as we’d expected, in the wake of tighter mortgage requirements and after the rapid pace of price increases, we saw two years ago,” adds Woolley. “Appropriate pricing and awareness of market trends are essential right now if you want to buy or sell a home in our area. That is why it is important to have a Realtor guide you through the process. It’s worth getting this professional help, for what likely will be the biggest purchase or sale of your lifetime.”

In November 2019, there were 692 sales of single-family homes and 255 active listings in Greater Victoria. The benchmark sale price was $751,000.

In comparison, the Condo market had 161 sales and 553 active listings at the end of the month. The benchmark sale price was $506,300.

Townhome sales were 74, active listings were 194 and the benchmark sale price was $588,600.

It’s a seller’s market in Greater Victoria.

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in November 2019.

Parksville / Qualicum 

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in November 2019.

Nanaimo 

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in November 2019.

Looking for more information about the real estate market in specific neighbourhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands? 

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and on Salt Spring Island. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

 

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – November 2019

North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – November 2019

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

According to the Fraser Valley Real Estate Board a combination of unseasonably high demand and declining supply reinforced Fraser Valley’s real estate market in November. Darin Germyn, President of the Board and real estate agent at Macdonald Realty, says, “Some listings are seeing a lot of activity depending on location and property type. REALTORS® are reporting more showings, higher traffic at open houses and even some multiple offer situations, which is atypical for the time of year. For our region, a balanced market is when 12 to 20 per cent of active inventory is selling. In November, 33 per cent of our supply of townhomes sold, as did 29 per cent of Fraser Valley condos; indicating that the supply of attached properties isn’t keeping up with demand.”

 

Abbotsford

In the Abbotsford market, there were 74 sales of detached homes and 379 active listings at the end of the month. The benchmark sale price was $785,100.

In comparison, the condo market had 73 sales, 223 active listings, and the benchmark sale price was $309,200.

Townhome market featured 48 sales, 148 active listings and a $377,700 benchmark sale price.

It’s a seller’s market for condos and townhomes in Abbotsford. 

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

 

Langley

In the Langley market, the benchmark sale price was $990,300 for detached homes. At the end of the month, there were 298 active listings and 82 sales.

The condo market had 65 sales and 269 active listings. The benchmark sale price was $399,200.

Townhomes featured 180 sales, 94 active listings and a $490,400 benchmark sale price.

It’s a seller’s market for homes and townhomes in Langley. 

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

Mission

In the Mission market, the benchmark sale price was $639,200 for detached homes. At the end of the month, there were 150 active listings and 52 sales.

The condo market had 3 sales and 11 active listings. The benchmark sale price was $335,100.

Townhomes featured 12 sales, 26 active listings and a $439,800 benchmark sale price.

It’s a seller’s market in Mission. 

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

 

 Cloverdale

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

North Delta

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

North Surrey

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

Surrey Central

Here are the latest real estate market statistics from Macdonald Realty on Abbotsford, Cloverdale, Langley, Mission, North Delta, North Surrey, Surrey Central, White Rock/South Surrey listings and sales in November 2019.

White Rock/South Surrey

 

Looking for more information about the real estate market in specific neighbourhoods in Surrey, Langley and Fraser Valley

 Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

 Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca

What can a homebuyer get for $500,000 across Canada right now?

What can a homebuyer get for $500,000 across Canada right now?

Released by Montreal Gazette.
BRIANA TOMKINSON, SPECIAL TO THE MONTREAL GAZETTE
Updated: December 1, 2019

Although property here may seem like a screaming deal when seen through Vancouver eyes, half a million doesn’t go as far as it used to in Montreal.

Montreal downtown at dusk

“It’s pretty easy,” laughed MacDonald Realty broker Dan Scarrow. “It’s a one-bedroom condo. That’s what you can get for $500,000.”

To find a detached home at that price point, he said, a buyer would likely be driving an hour or more outside the city.

Scarrow, who ran a MacDonald Realty office in Shanghai for a while, said that although prices seem expensive to locals — especially since salaries have not gone up in pace with real estate prices — the reality is that Vancouver is no longer a “local” market; it is international.

“Real estate in global, more international cities, until about 10 to 15 years ago, was locally driven. Since then it has become a more global market, with people around the world comparing cities to other cities,” Scarrow said. “Locals always look at it in terms of the previous year’s pricing and they can’t make heads or tails of where these prices are coming from.”

The influx of cash from outside Canada has buoyed prices in Vancouver and Toronto beyond what many locals can afford, he said, yet international buyers keep coming because they have been to places that are much more expensive, he said.

To Scarrow, it looks like it may be Montreal’s turn now.

Scarrow’s office is now repping Montreal condo projects like Victoria-sur-le-Parc, YUL and One Square Phillips to buyers in Vancouver and Toronto as well as Shanghai. Real estate agents who work closely with condo investors have been flocking to Vancouver launch parties for Montreal condo projects like these, he said. The buyers they’re working with include both foreigners with property in Vancouver as well as bargain-hunting locals.

“We have a pretty mature investor clientele in Vancouver that are used to investing in presale condos, and I guess that market is just sort of starting in Montreal right now,” he said.

Although property here may seem like a screaming deal when seen through Vancouver eyes, half a million doesn’t go as far as it used to in Montreal. A Centris search reveals the options: lots of two-bedroom condos near downtown, a handyman special in NDG, plexes in the Sud-Ouest, Hochelaga-Maisonneuve or Ahuntsic.

Article released by Montreal Gazette. You can read the entire content by clicking HERE.

Custom “Modern Farmhouse” in Campbell Valley, Langley, BC

Custom “Modern Farmhouse” in Campbell Valley, Langley, BC

At Macdonald Realty, we’re proud to have a team of talented and experienced real estate agents who sell one of the best luxury listings currently available in the market.

Today we’re featuring a modern and unique farmhouse! This fantastic architectural masterpiece is everything you have imagined as a dream home. Perfectly situated on a private 6.23 acre, this south-facing residence has extraordinary landscape details including a dream kitchen, floor to ceiling solid copper fireplace and more.

Let’s take a tour and see how amazing this property is — listed under $6M by Emily Sandhack.

This cozy living room is the perfect space for lounging by the fireplace – sip a cup of hot chocolate on a cold winter day while you enjoy the peace and quiet.   Read your favorite book or invite your friends over for a game night. Regardless of what you decide to do, this room surely radiates warmth as you hear the fire burning.

Don’t let another get together pass by as you prepare mom’s lasagna in the kitchen – those days are over! This open concept kitchen allows you to engage in a conversation without burning what’s in the oven. The natural colours of the cabinets with the minimalist décor welcome you as you entertain your family and friends.

Wine not? Never worry about wasting another bottle with this UV-controlled wine cellar.

Step out onto the massive green space and listen to birds chirping in the morning straight from the privacy of your own room.  Embrace nature from every room and enjoy the dazzling sunlight all day long.

Need I say more? A piece of paradise in your own bathtub.

Ready to make this dream home yours?  Click here for additional property details and request a private showing.

Want to see more beautiful homes like this?  Check out www.macrealty.com today!

Realtors launch annual blanket drive to provide warm clothes for those in need

Realtors launch annual blanket drive to provide warm clothes for those in need

Real Estate Agents from Macdonald Realty

Posted by Vancouver Sun on November 15, 2019

With colder weather creeping in, people are starting to pull out their sweaters, winter coats, slippers, and comforters. Not everyone has access to such everyday luxuries, however. That’s why the annual REALTORS Care Blanket Drive is so vital.

Celebrating its 25th anniversary this year, the REALTORS Care Blanket Drive collects an enormous amount of warm winter items that supports dozens of local charities, helping about 35,000 people around the Lower Mainland each year.

“The need is real,” says Realtor Ashley Smith, REBGV president. “I’ve lived in Gastown and Chinatown and have seen first-hand some of the impacts of cold weather. It makes you realize how quickly a season can change and how vulnerable some members of our communities are.

“A warm blanket is often the first line of defence, especially for the more than 3,500 homeless people in our region,” she says. “For 25 years now, thousands of Realtors have volunteered to gather and distribute blankets and warm clothing to more than 385,000 people in need, including women and children facing domestic violence and those in supportive housing.”

The annual drive began in 1994 when a group of Realtors observed the homeless situation in Vancouver’s core and simply thought, “We’ve got to do something to help.” They put out a call to colleagues, and the response was enormous and swift: they collected enough blankets and coats to help 3,000 people that year alone.

 

Thousands of Realtors from Whistler to Hope have participated since, with more than 100 real estate offices that act as collection depots in the Lower Mainland each year.

Anyone can make a donation. The greatest needs are gently used or new blankets or sleeping bags; hats, gloves and scarves; new socks and underwear; and other warm clothes.

“Vancouver is an incredible city to live in, but it comes with its challenges, and one of those challenges is the expensive cost of living,” says Realtor Colette Gerber, REGBV president-elect. “The Blanket Drive is a way of helping those who need it the most. As Realtors, it’s incumbent upon us to look after those who are less fortunate. It’s a way of giving hope.”

Donations are kept in the community from which they’re collected and distributed by local charities.

The 25th annual REALTORS Care Blanket Drive runs from Nov. 18 to 25. To find a drop-off location near you and learn more, visit blanketdrive.ca or contact your local Realtor.

This story was created by Content Works, Postmedia’s commercial content division, on behalf of the Real Estate Board of Greater Vancouver.

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – October 2019

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – October 2019

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in October 2019.

Squamish

In October 2019, there were 24 sales of detached homes and 100 active listings in Squamish. The benchmark sale price was $986,600.

The condo market had 24 sales and 73 active listings at the end of the month.  The benchmark sale price was $511,400.

The townhome market had 15 sales and, the active listings were 35. The benchmark sale price was $705,900.

It’s a seller’s market for condos and townhomes in Squamish.
Updated monthly, real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales. October 2019.

 

Sunshine Coast

In October 2019, Sunshine Coast had 53 sales of detached homes and 353 active listings. The benchmark sale price was $598,300.

The condo market had 3 sales and 44 active listings at the end of the month.

Townhome sales were 4 sales while active listings were 64.

It’s a buyer’s market in Sunshine Coast.
Updated monthly, real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales. October 2019.

Whistler

In October 2019, Whistler had 9 sales of detached homes and 104 active listings. The benchmark sale price was $1,659,200.

The condo market had 24 sales and 100 active listings at the end of the month.  The benchmark sale price was $503,700.

Townhome sales were 17 sales, active listings were 77. The benchmark sale price was $923,300.

It’s a balanced market for condos and townhomes.

Updated monthly, real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales. October 2019. 

Looking for more information about the real estate market in specific neighborhoods in Squamish, Whistler, and Sunshine Coast?

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

 

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