House and Home Archives - macdonald realty
 
Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – December 2020

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – December 2020

According to the Fraser Valley Real Estate Board record‐shattering December caps an unexpected year in Fraser Valley real estate.

As released by the FVREB this January “in a year when the real estate market was at a standstill for months due to COVID‐19, total annual sales in the Fraser Valley still finished 12.4% above the 10‐year average due to unrelenting, pent‐up consumer demand during the second half of 2020.  In December, the Board’s Multiple Listing Service® (MLS®) processed a staggering 2,086 sales, the strongest December on record and 81.2% above normal for the month. New listings in December, were the second-highest on record at 1,502. By month’s end, active inventory finished below typical levels, at 3,949 units.

Fraser Valley Real Estate Board reported the total sales volume for the year in Fraser Valley was 19,926; an increase of 28.7% compared to 2019’s 15,487 sales and placing it fourth-highest for annual sales since 2011.

Chris Shields, President of the Board, observes, “The pandemic upended everything in 2020 and how the real estate market responded to it was nothing short of remarkable. No one could have anticipated a six‐month stretch like we’ve just experienced. Typical seasonal cycles did not apply, how we conduct business had to change to keep the public safe; and most unexpected, has been the unwavering demand for family‐sized homes in our region and so far, there is no sign of it slowing down.”

Find all the infographics related to the May Market Statistics by visiting the Facebook Album.

Abbotsford

Cloverdale

Langley

Mission

North Delta

North Surrey

Surrey Central

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

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – December 2020

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in December 2020.
Find all the infographics related to the February Market Statistics by visiting the Facebook Album.

Greater Victoria

According to the Victoria Real Estate Board “A total of 631 properties sold in the Victoria Real Estate Board region this December, 57% more than the 402 properties sold in December 2019 and a 20.6% decrease from November 2020. Sales of condominiums were up 61.2% from December 2019 with 195 units sold. Sales of single-family homes increased 58.6% from December 2019 with 314 sold.”

“This has been an unexpected year on many levels,” says 2020 Victoria Real Estate Board President Sandi-Jo Ayers. “The onset of the COVID-19 pandemic in March and April quickly swept away any illusions that our normal seasonal market patterns would persist. Equally surprising was the resurgence of our market in early summer when restrictions lightened and pent-up demand began pushing sales beyond expectations. The combination of the ongoing pandemic, historically low interest rates and a shift in consumer priorities towards properties that cater to a more home-based work / life / retirement balance resulted in record setting sales for the last several months of 2020.”


Nanaimo

Parksville / Qualicum


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 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.

6 Minimalist Holiday Decoration Ideas

6 Minimalist Holiday Decoration Ideas

We can’t believe it’s already December! Our days in lockdown seem to be slipping faster than usual, right?
Although the holidays may not be the same this year, it doesn’t mean it should stop us from getting into the spirit!

The truth is: the best season of the year upon us, 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 6 minimalist holiday decoration ideas that everybody will love! Start setting up early for 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 stores 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!

 

If you are craving more inspiration, visit these decor ideas on Pinterest.

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – November 2020

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – November 2020

According to the Fraser Valley Real Estate Board the housing market activity reaches historic levels in November.

The Fraser Valley Real Estate Board processed 2,173 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 54.7% compared to the 1,405 sales in November of last year, and an 8.3% decrease month‐over‐month compared to 2,370 sales in October.

Fraser Valley Real Estate Board reported that they received 2,217 new listings in November, a 28.0% decrease compared to October’s intake and an 18.1% increase compared to the 1,877 new listings received during the same month last year. For November, it was the second-highest volume of new inventory in the last decade.

Chris Shields, President of the Board, observes, “We’re running out of superlatives. We expected November activity to moderate due to the season, but the desire for family‐sized homes and their benefits continues to dominate. Since the summer, we’ve seen the strongest demand in our Board’s 99‐year history specifically for single‐family detached and townhomes.

Find all the infographics related to the May Market Statistics by visiting the Facebook Album.

Abbotsford

Cloverdale

Langley

Mission

North Delta

North Surrey

Surrey Central

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

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – November 2020

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – November 2020

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in November 2020.
Find all the infographics related to the February Market Statistics by visiting the Facebook Album.

Greater Victoria

According to the Victoria Real Estate Board “A total of 795 properties sold in the Victoria Real Estate Board region this November, 37.8% more than the 577 properties sold in November 2019 but 19.7% fewer than the previous month of October 2020. Sales of condominiums were up 62.7% from November 2019 with 262 units sold. Sales of single-family homes were up 21.8% from November 2019 with 375 sold.”

“Once again, we’ve tracked an unexpectedly busy month for the Victoria area real estate market,” said Victoria Real Estate Board President Sandi-Jo Ayers. “With near 800 total sales last month, we came close to the record for sales in a November – which was 892 sales in 1989.”

Nanaimo

Parksville / Qualicum


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 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.

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2020

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – October 2020

According to the Fraser Valley Real Estate Board the housing market activity reaches historic levels in October.

The Fraser Valley Real Estate Board processed 2,370 sales of all property types on its Multiple Listing Service® (MLS®) in October, an increase of 48.9% compared to the 1,592 sales in October of last year, and a 6.2% increase month-over-month compared to the 2,231 sales in September.

Fraser Valley Real Estate Board reported that in October the board finished with 6,872 active listings, a decrease of 6.8% compared to September and a decrease of 7.1% year-over-year. Last month’s active listings were 11.9%  below the ten-year average for October.

Chris Shields, President of the Board, observes, “The situation is unprecedented. We are in the middle of a pandemic and in many of our communities we are seeing a strong seller’s market for townhomes and single-family homes priced correctly. For example, in Langley, our current supply of detached homes would sell in 1.4 months if no new listings became available. And for Mission townhomes, we have zero months of inventory.

Find all the infographics related to the May Market Statistics by visiting the Facebook Album.

Abbotsford

Cloverdale

Langley

Mission

North Delta

North Surrey

Surrey Central

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

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