Jeff Benna
I have sold a property at 8 8771 COOK RD in Richmond.
Completed renovated two bedroom and two bath townhouse in a quiet private complex. Super convenient Central Richmond location. Enter through the foyer with all new laminate flooring and relax in your sunken living room with wood burning fireplace. Prepare for dinner in your tile floored kitchen with granite counter tops and stainless steel appliances. Enjoy a summer BBQ on the large West facing deck. Lots of storage. Updated paint, fixtures and window coverings. The Master bedroom has semi en-suite where you can retreat to your soaker tub. Walk to Richmond Centre for Shopping and the Canada Line. Close to Schools and Parks. Unbeatable location and turn key accomodation. YOU'LL LOVE IT!
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Please visit our Open House at 8 8771 COOK RD in Richmond.
Open House on Sunday, June 19, 2016 2:00PM - 4:00PM
Completed renovated two bedroom and two bath townhouse in a quiet private complex. Super convenient Central Richmond location. Enter through the foyer with all new laminate flooring and relax in your sunken living room with wood burning fireplace. Prepare for dinner in your tile floored kitchen with granite counter tops and stainless steel appliances. Enjoy a summer BBQ on the large West facing deck. Lots of storage. Updated paint, fixtures and window coverings. The Master bedroom has semi en-suite where you can retreat to your soaker tub. Walk to Richmond Centre for Shopping and the Canada Line. Close to Schools and Parks. Unbeatable location and turn key accomodation. YOU'LL LOVE IT!
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I have listed a new property at 8 8771 COOK RD in Richmond.
Completed renovated two bedroom and two bath townhouse in a quiet private complex. Super convenient Central Richmond location. Enter through the foyer with all new laminate flooring and relax in your sunken living room with wood burning fireplace. Prepare for dinner in your tile floored kitchen with granite counter tops and stainless steel appliances. Enjoy a summer BBQ on the large West facing deck. Lots of storage. Updated paint, fixtures and window coverings. The Master bedroom has semi en-suite where you can retreat to your soaker tub. Walk to Richmond Centre for Shopping and the Canada Line. Close to Schools and Parks. Unbeatable location and turn key accomodation. YOU'LL LOVE IT!
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Please visit our Open House at 8 8771 COOK RD in Richmond.
Open House on Thursday, June 16, 2016 6:00PM - 7:00PM
Completed renovated two bedroom and two bath townhouse in a quiet private complex. Super convenient Central Richmond location. Enter through the foyer with all new laminate flooring and relax in your sunken living room with wood burning fireplace. Prepare for dinner in your tile floored kitchen with granite counter tops and stainless steel appliances. Enjoy a summer BBQ on the large West facing deck. Lots of storage. Updated paint, fixtures and window coverings. The Master bedroom has semi en-suite where you can retreat to your soaker tub. Walk to Richmond Centre for Shopping and the Canada Line. Close to Schools and Parks. Unbeatable location and turn key accomodation. YOU'LL LOVE IT!
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I have sold a property at 228 3228 TUPPER ST in Vancouver.
Highly sought after Cambie area rarely available 1000+ sq. ft. 2 bedroom, 2 bathroom & den condo with oversized sun drenched 300+ sq. ft. west facing patio in the exclusive Olive building, built by award winning developer Cressey. Perfect for entertaining! This unique home features an open kitchen concept with built in S/S appliances, wine fridge, updated elec. fireplace, custom floating shelving, custom built in office, hardwood floors, new plush carpets in bedrooms, all new blinds, new faucets in kitchen & bathrooms. 2 parking stalls & X LARGE private storage room! Move into the vibrant Cambie St. Corridor neighbourhood! Walking distance to great restaurants, cafes, grocery stores, shopping, schools, transit & parks.
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VANCOUVER, BC – June 2, 2016 – Metro Vancouver* homes continue to sell at an unprecedented rate in communities across the region.

Residential property sales on the region's Multiple Listing Service® (MLS®) totalled 4,769 in May 2016, an increase of 17.6 percent from the 4,056 sales recorded in May 2015 and a decrease of 0.3 percent compared to April 2016 when 4,781 homes sold.

Last month’s sales were 35.3 percent above the 10-year sales average for the month and rank as the highest sales total on record for May.

"Home sellers are becoming more active in recent months, although that activity is being outpaced by home buyer demand today," Dan Morrison, REBGV president said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 6,289 in May 2016. This represents an increase of 11.5 percent compared to the 5,641 units listed in May 2015 and a 2.6 percent increase compared to April 2016 when 6,127 properties were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 7,726, a 37.3 percent decline compared to May 2015 (12,336) and a 2.3 percent increase compared to April 2016 (7,550).

"Economic and job growth in Metro Vancouver is out performing most regions in the country. This is helping to underpin today’s activity," Morrison said.

The sales-to-active listings ratio for May 2016 is 61.7 percent. 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 percent mark, while home prices often experience upward pressure when it reaches the 20 to 22 percent 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 $889,100. This represents a 29.7 percent increase compared to May 2015.

Sales of detached properties in May 2016 reached 1,865, an increase of 8.2 percent from the 1,723 detached sales recorded in May 2015. The benchmark price for detached properties increased 36.9 percent from May 2015 to $1,513,800.

Sales of apartment properties reached 2,150 in May 2016, an increase of 34.4 percent compared to the 1,600 sales in May 2015. The benchmark price of an apartment property increased 22.3 percent from May 2015 to $485,000.

Attached property sales in May 2016 totalled 754, an increase of 2.9 percent compared to the 733 sales in May 2015. The benchmark price of an attached unit increased 24.9 percent from May 2015 to $632,400.

 

 

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Jeff Benna

 


 

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