I have sold a property at

Posted on December 11, 2012 by Think Realty

I have sold a property at .

“Guildford Greens”. 3 bedroom, 2 ½ Bathroom townhome backing onto greenbelt. Top of the line finishings include granite counters throughout, crown mouldings on the main level and Master Bedroom. Double garage, electric fireplace, rough-in alarm system. Brand new, never lived in. Net Hst included in the price.

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I have sold a property at 53 6700 RUMBLE ST in Burnaby

Posted on December 7, 2012 by Think Realty

Posted in South Slope, Burnaby South Real Estate

Property Photo: 53 6700 RUMBLE ST in Burnaby

I have sold a property at 53 6700 RUMBLE ST in Burnaby.

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Francisco Lane by Polygon. Private and gated townhouse complex located close to the Skytrain and Schools. 3 large bedrooms and 2 1/2 baths. 1,452 sq ft of living space features tiled vaulted foyer, spacious living and dining room, large eating area with walk out backyard, gas fireplace, single garage and additional storage. Master bedroom has a 4 pce ensuite bathroom and walk-in closet. Worry free property, roof and balconies replaced in 2010. Outdoor pool, hot tub, gym and clubhouse facilities. Short walk to Ron McLean Park. Visit website for additional photos and virtual tour.

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Greater Vancouver Statistics Dec. 2012

Posted on December 4, 2012 by Think Realty

Posted in real estate, statistics,, Vancouver

Greater Vancouver residential property sale and listing activity below 10-year averages in November

Over the past six months, the Greater Vancouver housing market has seen a reduction in the number of homes listed for sale, a gradual moderation in home prices and a decrease in property sales compared to historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,686 on the region’s Multiple Listing Service® (MLS®) in November, a 28.6 per cent decline compared to the 2,360 sales in November 2011 and a 12.7 per cent decline compared to the 1,931 home sales in October 2012.

November sales were 30.3 per cent below the 10-year November sales average of 2,420.

“Home sellers appear more inclined to remove their properties from the market today rather...

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Fraser Valley Statistics Dec. 2012

Posted on December 4, 2012 by Think Realty

Posted in real estate, statistics

Home sales decrease in the Fraser Valley; those buying looking for affordability

December, 04 2012, by FVREB

Property sales through the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) decreased by 19 per cent in November compared to the same month last year, moving from 1,120 to 905. Sales also decreased 14 per cent month-over-month compared to October 2012.

Scott Olson, president of the Board says, “Buyers can’t borrow as much as what they could prior to the mortgage rule changes, so we’re seeing our pool of prospective buyers shrink and we’re seeing a change in the price range they’re looking for.

“For three months in a row, we’ve seen a decrease in sales of detached homes $700,000 and up and greater demand for those $400,000 to half a million. Tighter credit conditions are having...

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Bank of Canada maintains overnight rate target at 1 %

Posted on December 4, 2012 by Think Realty

Posted in real estate, mortgage, interest rate

4 December 2012

Contact: Jeremy Harrison

613 782-8782

Ottawa -

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

The global economy has unfolded broadly as the Bank projected in its October Monetary Policy Report (MPR). The economic expansion in the United States is progressing at a gradual pace and is being held back by uncertainty related to the fiscal cliff. Europe remains in recession. Chinese growth appears to be stabilizing. Commodity prices have remained at elevated levels since the October MPR and global inflationary pressures are subdued in response to persistent excess capacity. Global financial conditions remain stimulative, though vulnerable to major shocks from the U.S. or Europe.

In Canada, economic...

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Open House. Open House on Sunday, December 2, 2012 2:00 pm - 4:00 pm

Posted on November 30, 2012 by Think Realty

Posted in Coquitlam West, Coquitlam Real Estate

Property Photo: 504 575 DELESTRE AVE in Coquitlam

Please visit our Open House at 504 575 DELESTRE AVE in Coquitlam.

See details here

Open House on Sunday, December 2, 2012 2:00 pm - 4:00 pm

Save HUNDREDS of dollars in tolls living on this side of the bridge! "CORA" This extra large 2 bdrm+den corner suite has 1010 sqft & 2 full bathrooms. Open concept with luxury features: granite countertops throughout, stainless kitchen applnaces, dark cabinets & floor to ceiling windows to allow plenty of natural light. The large 11'x10' covered balcony has dual access from living room and master bdrm. Also features TWO parking stalls, storage & in-suite laundry. Conveniently located at the Coquitlam/ Burnaby border, walking distance to Lougheed Mall, Lougheed SkyTrain Station, Shopping, Supermarkets & Restaurants. Amenities include Recreation Centre & Clubhouse. 2 pets are welcome. Quiet side of the building. Exceptional value!

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