New property listed in Nordel, N. Delta
I have listed a new property at 8269 112A ST in Delta.
FIRST TIME ON THE MARKET!! BUILD YOUR DREAM HOME now or later! 2589 sf home on 7282 SQ FT rectangular lot (RS1 ZONING) in the heart of NORDEL... walking distance to Nordel shops, restaurants, etc with easy access to Alex Fraser Bridge. This home was lovingly maintained by the original owners and had updates over the years (dates unknown) incl roof, furnace, hot water tank, some windows and an updated kitchen in 2016. Main floor w/ real HW floors features 4 bedrms/ 1bath, LR w/ fireplace, DR, kitchen w/ eating area which opens to west facing balcony & large, private fenced yard. Basement finished area has 1 bedroom, LR w/ fireplace, DR plus unfinished space currently used for laundry/ storage w/ separate entry. Potential for 1 or 2 bedrm suite. Short walk to Richardson Elem. & NDSS. Contact your Realtor for appointment to view. Offers to be emailed by 6PM Monday Feb 1

New property listed in Sullivan Station, Surrey
I have listed a new property at 14 15177 60 AVE in Surrey.
Welcome to EVOQUE, Sullivan's premier townhome community built by Maskeen Homes! This 3 bedrm (flex space c/b rec room or 4th bedrm), 3.5 bath home is over 2206 sf plus a side by side garage w/ driveway parking. The open concept main flr boasts a formal L/R w/ Elec FP, powder rm, large D/R, & F/R which flows into the entertainment sized kitchen w/ lrge island, quartz counters, upgraded SS appl. &loads of cabinets. F/R opens to large covered E facing balcony. Upper flr has 3 bedrms, 2 full baths incl large MB w/ WI & ensuite w/ built in vanity table. Washer/ dryer on upper floor. Bottom level w/ garage access has full bath + large flex space which c/b 4th bedrm w/ door to patio/yard. Other features incl. geothermal heating/cooling system, 9' ceilings, LED pot lighting, & more. Located in the heart of Sullivan close to Hwy 10 and 152nd and across from Sullivan Elementary. Bus Stop outside front door! Don't delay.

New property listed in Grandview Surrey, South Surrey White Rock
I have listed a new property at 19 2427 164 ST in Surrey.
Attention DOWNSIZERS!! MASTER ON MAIN at THE SMITH- a boutique collection of 40 townhomes, (only 2 with master on main) located in the heart of Grandview, South Surrey. This bright, CORNER UNIT 2180 sq ft C plan w/ WALK OUT and private west facing patio from kitchen offers an open concept floorplan w/ 3 beds/2.5 baths. Main floor incl. lrge MB w/ double sink en suite & WI closet, 9' ceilings, white kitchen w/high end SS appl. quartz counters, powder room + Formal LR/DEN. Access from main floor to side by side double car garage (upgraded Epoxy floors). 2 more bedrooms on lower level w/ full bath/ large rec rm & wet bar. Convenient and CENTRAL LOCATION in a walkable neighbourhood with an abundance of amenities incl. Morgan/Grandview shops, restaurants, new aquatic centre & more.

New property listed in Willoughby Heights, Langley
I have listed a new property at 19 20195 68 AVE in Langley.
Welcome to the Highlands; a collection of 20 boutique townhomes centrally located in Willoughby, off 68th Ave and walking distance to all amenities. This beautiful 3 bedroom 2.5 bath (powder on the main) townhome shows well and boasts an open living room area w/ 9' ceilings, large windows, an electric FP plus a formal dining area perfect for entertaining. Kitchen features granite counters, SS appliances and eating area/family room which opens to a large & private NW sunny PATIO (Perfect for BBQ, kids and pets).Unit was updated in 2018 w/ new carpets & fresh paint. Security system, built in screens and bug screens included. School catchment RC Garnett (E), Peter Ewart (M), RE Mountain (HS). Rentals allowed, Pet Friendly. Don't delay... won't last!

New property listed in King George Corridor, South Surrey White Rock
I have listed a new property at 1078 160 ST in Surrey.
Attention builders!! Ocean view property located few blocks from East Beach. Older home currently rented for $2350 will cover some holding costs while going thru building applications (win win). Nice rectangular 8020 sq ft lot has 100 ft frontage (survey cert available). Build your dream home...up to a 3960 sq ft home (2 levels) plus 420 sf garage plus fully finished basement (not included in sq footage).Value mostly in land but home is liveable w/ 3 bedrms up/ 2 full baths plus a large den on the main currently used for home based business + unfinished bsmt... currently rented to tenant who would like to remain as long as possible. South Meridian / Earl Marriot school catchment. Showings this Sunday 1-4 PM by appointment only. See drone video (available Thursday)

Home prices to rise more than 9% in 2021, Canadian Real Estate Association forecasts

The Canadian Real Estate Association expects the national average home price will rise 9.1 per cent to $620,400 in 2021, in one of the most optimistic forecasts yet for the real estate sector.

The real estate association says it expects home prices to either hold steady or climb in all regions across the country, citing economic improvements from the lows of the COVID-19 pandemic

"The strength of demand, particularly for larger single-family properties, will drive the average price higher as potential buyers compete for the most desirable properties," the report says

The group of more than 130,000 real estate agents has one of the cheerier forecasts out there, as the industry tries to make sense of a hot real estate market against a backdrop of lingering unemployment and an uncertain end date to the COVID-19 pandemic's second wave.

Re/Max is predicting 2021 price increases of four per cent to six per cent, while fellow homeseller Royal LePage is betting on a 5.5 per cent price hike.

Debt market watchers, meanwhile, have a wider range of estimates.

Ratehub, for instance, sees prices rising four to seven per cent next year. But that excludes the condo market, where sales have not grown as quickly this year as more Canadians have shed their commutes in search of space to work and school from home. Fitch Ratings expects home prices to decline three per cent to five per cent next year, predicting borrowers may default on mortgages as unemployment makes homeownership unaffordable.

CREA's forecast, however, notes that after home sales plunged this spring, the real estate market not only rebounded to record highs in summer, but continued its multi-year trend of demand exceeding supply.

"Over the past several years, record levels of international immigration, low interest rates and an increasing share of millennials entering their homebuying years have helped make the housing market a significant source of strength for the Canadian economy," the report says.

"The recent government support programs for individuals and businesses have also helped the overall economy through the most severe parts of the pandemic to date."

Headed into 2021, CREA says even more homes will be sold, although monthly home sales are likely to ease back to more typical levels compared to 2020's wild swings. Overall, CREA expects 2021 home sales volumes to surge 7.2 per cent to around 584,000.

The report also notes that mortgage rates are expected to stay low next year, supporting borrowing.

CREA does say, however that it expects a shortage of new listings to cap sales activity in Ontario next year, and notes that home prices in the Prairies and Newfoundland and Labrador are not climbing with the same "intensity" seen in markets like British Columbia and Quebec.

On the other hand, CREA expects Alberta and Saskatchewan, which have seen several years of falling prices, to see a pickup in home prices next year.

"Current trends and the outlook for housing market fundamentals suggest activity will remain relatively healthy through 2021," the report said.

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.