Jeff Benna

 

Each year, the Real Estate Board of Greater Vancouver (REBGV) celebrates the achievements of its top-producing Realtors on the Mul-tiple Listing Service® (MLS®) with the Medallion Club and President’s Club awards.

 

The 2016 Medallion Club represents the top 10 per cent of the more than 13,500 members partici-pating on the MLS® in the region. The President’s Club represents the top one per cent.

 

The idea of a “multiple list-ing service” was born from the need to create an infrastructure through which Realtors could compete and cooperate at the same time. It’s variously been called a “listing exchange,” “cooperative listing service” and today’s “MLS®.”

 

The MLS® today is a sign of quality. Home listing information originating from the MLS® is the most reliable and compre-hensive source of real estate in-formation in Canada.

 

The Real Estate Board of Greater Vancouver is proud to also recognize one of its newest Life Member of the Medallion Club, Jeff Benna. Life membership is earned by Realtors who achieve Medallion Club status for 20 years. Jeff Benna earned Life Member status in 2016.

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Only a FEA designation prepares you for the complexities of family enterprise. FEA designated advisors see the whole picture in dealing with business families because they understand the nuanced and complex issues that are uniques to family enterprise. Congratulations to Jeff Benna on his FEA Designation.

 

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Season's Greetings & Happy New Year!

 

Cheers to eggnog, good times and stimulating conversation with family and friends!

 

All the best from my family to yours, wishing you a safe and happy holiday season.

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VANCOUVER, B.C. – October 2, 2013 – Home buyer and seller activity in the Greater Vancouver housing market continues to far outpace 2012, yet is in line with the region’s 10-year averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,483 on the Multiple Listing Service® (MLS®) in September 2013. This represents a 63.8 percent increase compared to the 1,516 sales recorded in September 2012, and a 1.2 percent decline compared to the 2,514 sales in August 2013.

Last month’s sales were 1 per cent below the 10-year sales average for the month, while new listings for the month were 3.5 percent below the 10-year average.

“While sales are up considerably from last year, it’s important to note that September 2012 sales were among the lowest we’ve seen in nearly three decades,” Sandra Wyant, REBGV said. “Home sale and listing activity this September were in line with the 10-year average for the month.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,030 in September. This represents a 5.5 percent decline compared to the 5,321 new listings reported in September 2012 and a 20.2 percent increase compared to the 4,186 new listings in August of this year.

The total number of properties currently listed for sale on the MLS® in Greater Vancouver is 16,115, a 12.2 percent decrease compared to September 2012 and a 0.5 percent increase compared to August 2013.

The sales-to-active-listings ratio currently sits at 15.4 percent in Greater Vancouver.

“It’s important to remember that stronger sales activity does not necessarily equate to rising home prices. In fact, home prices have not fluctuated much in our market this year,” Wyant said.

The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is currently $601,900. This represents a decline of 0.7 percent compared to this time last year and an increase of 2.3 percent compared to January 2013.

Sales of detached properties reached 1,023 in September 2013, an increase of 72.2 percent from the 594 detached sales recorded in September 2012, and a 6.9 percent increase from the 957 units sold in September 2011. The benchmark price for detached properties decreased 1.4 percent from September 2012 to $922,600.

Sales of apartment properties reached 1,018 in September 2013, an increase of 50.6 percent compared to the 676 sales in September 2012, and an increase of 10.4 percent compared to the 922 sales in September 2011. The benchmark price of an apartment property decreased 0.5 percent from September 2012 to $366,600

Attached property sales in September 2013 totalled 442, an increase of 79.7 percent compared to the 246 sales in September 2012, and a 20.4 percent increase from the 367 attached properties sold in September 2011. The benchmark price of an attached unit is currently $458,300, which is unchanged from September 2012.

 

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Jeff Benna

 


 

 for service in mandarin or cantonese  |     604.880.8727

 


 

RE/MAX Real Estate Services

each office independently owned & operated.

 

410-650 W 41st Avenue, North Tower, Vancouver, BC  V5Z 2M9