VANCOUVER, B.C. – January 5, 2009 – The record-breaking real estate market cycle in Greater Vancouver, longer than normal at seven consecutive years, ended in 2008 amidst global economic challenges. The change brought relief from rising prices that saw benchmark prices escalate from $357,770 for a single family detached home in December 2001 to $648,421 by December 2008.
The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties decreased 35.3 per cent in 2008 to 24,626 sales compared to 38,050 sales in 2007. Property listings for the year increased 13.9 per cent to 62,561 compared to 2007 when 54,945 new properties were listed.
“Trends in the latter half of 2008 showed a consistent month-over-month decrease in residential housing prices, a departure from the rising home prices and record-breaking sales that were experienced in Greater Vancouver for much of this decade,” said REBGV president, Dave Watt.
“It’s also important to note that our December statistics show a third consecutive month of a decrease in active property listings in Greater Vancouver. That means supply is coming down,” Watt said. “Last month was also the first time in 27 years that Greater Vancouver homes sales for December were higher than November.”
By Glenn on January 4, 2009 - 2:14pm
Hello everyone who reads this, my first ever blog. Hey,I find it comical that the spell check is telling me blog is misspelled. Oh well.
I have spent many years focusing on good health. As any of my friends would tell you, I am passionate about sharing what I know. This includes my knowledge and insights on: nutrition, exercise, stress reduction & homeopathic medicine. Putting all I have on these subject would make this blog far too long. However, for those that would like to know more, I have a great deal of information available on any of the above topics and will happily share it on request. One small personal note: I used to date a nutritionist and after eating healthy foods for a few months my eye color changed from hazel to blue. Did not even know that could happen.
By Ray on January 3, 2009 - 12:15pm
Stay warm, everyone!
By Ray on January 3, 2009 - 12:08pm
While doing a little Googling on the subject of blogs, I came across this article about blogs and it makes interesting reading. Check it out.
Woke up this morning to find another beautiful snowfall winter wonderland, looking out on my backyard, my mom's roses flowerbed is just like a giant cupcake with lots of white foamy cream cheese on it.
LIfe is a state of mind, if you see cupcake instead of roses flowerbed....check your eye doctor or just retreat to your own little world, it is all up to you.
I am no bitch complaining about the the weather even though I nearly had an accident yesterday when I was driving and showing homes to my clients. I just love the white snow....so pure....so peaceful.
Whenever I feel down and out about my life, a good friend of mine says to me, "your life is someone else's dream", I have realized there is no doubt that…
…life is a state of mind!
I first heard this line in a Peter Sellers' movie, where the main character, a gardener named Chance, walks on water, seemingly because he doesn't know that walking on water is against the laws of nature. As he is not aware of the laws, he is not bound by them, or so the movie would have us believe.
The director is challenging our own sense of what we see and what we want to see. Are we prepared just to see the same view as others, or are we prepared to see beyond that …
By worldpoetry on December 31, 2008 - 9:54am
World Poetry Cafe Radio Show at 9 pm on 102;7 fm or on the internet: www.coopradio.org
(World Poetry Cafe) proudly present the first poet of the New Year Kagan Goh!
Hosts Ariadne Sawyer and guest host World Poetry Lifetime Achievment Award Winner 2009,
Diego Bastianutti will welcome Kagan Goh.
Kagan Goh is an author who has been published in anthologies such as “Strike the Wok”, “The Return of the Downtown Eastside Poets” and “The Bulletin.” He is a well-established spoken word poet who has participated in poetry slams and numerous readings, open mikes and festivals. Kagan was chosen as one of the feature poets for CBC radio’s “Poetry Face Off”. Central themes running through his work are the damaging effects of the stigma of mental illness, and the exploration of mental illness as a spiritual emergence and vehicle for personal growth and spiritual transformation. Kagan's deeply personal poems and short stories illustrate his transformation from victim to survivor to activist.
Regular host and co-founder Alejandro Mujica-Olea will be reading in Brazil and traveling to Chile for six weeks. Our best wishes to him on his trip.
By eharvey on December 31, 2008 - 12:16am
Some of my personal favorites from the past year. Thanks for following and taking interest.
I was totally defeated in this flu battle, my nose is all plugged up like the city catch basins from the heavy snow which started melting slowly like my slurpy.
As I was drinking my chicken soup, eating my ABC alphabets in the bowl, listening to Bob Dylan's "Workingman's Blues", my mind wouldn't stop wandering to my winter wonderland and the peaceful time I spent at my hobbit hut up at Whistler during last Christmas holidays.
My being bedridden has forced my brain to start thinking about my 2009 New Year's Resolution : Regardless how much gloom and doom the economists predict for 2009, I am determined to be sunny and cheerful and hopefully a better person next year. Hey... who am I anyway? Just a dedicated realtor serving my clients with a big heart and with a big smile.
Whether you are buying your first home, or are a property owner looking to sell or buy, upsize or downsize, or investment, Maria and her team have the experience and successful track record to provide you with the utmost confidence that your real estate experience working with me as your agent will be an enjoyable one.
Call Maria Mak at Sutton Centre Realty 604-839-6368 or visit my website at http://www.mariamak.com/ , you'll be smiling too!
