Existing home sales are expected to increase in 2014 by 8%.
November of this year saw a 38% increase in units sold compared to November 2012, albeit down 11% compared to October of this year in Greater Vancouver. November typically sees the real estate market wind down as we get closer to the holiday season. Total Active Listings are down 8% compared to this time last year. Year to date, 2013 should finish 12 to 15% above 2012 for total units sold in Greater Vancouver. In their Fall Housing Market Outlook, the Canada Mortgage and Housing Corporation (CMHC) outlined that existing home sales are expected to increase in 2014 by 8% with the market to remain in balanced conditions. This is to be supported with an increase in economic and job growth projected in 2014. Further strengthening in global economies will benefit Vancouver and help sustain economic growth. And of course, pent up demand in our housing market will continue to be a positive factor moving forward.
Greater Vancouver: Total Units Sold in November 2013 was 2,390 – down from 2,698 (11%) in October 2013, up from 1,733 (38%) in November 2012; New Listings in November 2013 were down 25% from October 2013; Month’s Supply of Total Residential Listings is steady at 6 Months (Balanced Market).
Vancouver Westside Residential: Total Units Sold in November 2013 was 488 – down from 579 (16%) inOctober 2013, up from 358 (36%) in November 2012; New Listings in November 2013 were down 26% from October 2013; Month’s Supply of Total Residential Listings is steady at 5 Months (Balanced Market).
Vancouver Eastside Residential: Total Units Sold in November 2013 was 282 – down from 288 (2%) inOctober 2013, up from 197 (43%) in November 2012; New Listings in November 2013 were down 26% from October 2013; Month’s Supply of Total Residential Listings is steady at 4 Months (Bordering on Seller’s Market).
North Vancouver Residential: Total Units Sold in November 2013 was 197 – down from 221 (11%) in October2013, up from 145 (36%) in November 2012; New Listings in November 2013 were down 34% from October 2013; Month’s Supply of Total Residential Listings is steady at 4 Months (Bordering on Seller’s Market).
West Vancouver Residential: Total Units Sold in November 2013 was 89 – down from 110 (19%) in October2013, up from 45 (98%) in November 2012; New Listings in November 2013 were down 34% from October 2013; Month’s Supply of Total Residential Listings is steady at 7 Months (Balanced Market).
Richmond Residential: Total Units Sold in November 2013 was 290 – down from 327 (11%) in October 2013, up from 210 (56%) in November 2012; New Listings in November 2013 were down 10% from October 2013; Month’s Supply of Total Residential Listings is steady at 7 Months (Balanced Market).
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Set the Scene
Sometimes I love to cook, but more than that - I love to set a table...all fancy! Thanksgiving, Christmas, Hanukkah or any type of celebration - what is your style and does this make you want to cook or get invited somewhere?
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Ballet anyone?
Those words don't usually come from me. But this past month I was exposed and am intrigued. A women's group I am involved in called MCentredinvited Chan Hon Goh of Goh Ballet Academy to speak about her career as a principal ballerina and her experience in taking over the running of her parents successful Goh Ballet school. She has had a fascinating international career and the history of her parents and their ballet fame is like a history lesson about China and Russia and their early dance theories. The Goh Ballet School is hosting the Nutcracker this December and there are 200 ballet students in the cast! Check it out.
And something you can't check out, but maybe you were lucky enough to see it was theFumbling towards Ecstasy… featuring music from Sarah McLachlan and the visiting Alberta Ballet. It was breathtaking. The costumes were modern, the music was like taking a walk down memory lane and the dancing was hip, cool even sexy. Loved it.
In the same week that I listened to a ballerina, went to the ballet, one of my favourite blogs directed me to a series called city.ballet. It's a 12-part online documentary series about the New York City Ballet, narrated by Sarah Jessica Parker. Through each 6 minute episode, you hear from soloists who feel stuck in the ranks, principal ballerinas feeling all eyes upon them, apprentices desperately trying to get into the company and those in hoping to stand out. Exhausting, brutal and inspiring. Have no fear the coincidence of all these ballet experiences happening at once, is not inspiring me to don any pointed toe shoes - that would just be exhausting and brutal for all!
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Elixirs, Soup & Healthy Treats
Recently at an event, a number of very cool women who are doing very cool things were introduced to me and to our guests. Among them were four, who are preparing foods that are uber-healthy and delicious. You need to tryNectar Juicery for their magical juicing elixirs soon to be found at YYoga and Cafe Artigiano. VIV- Living Vibrantly is Vital. Be intentional with your food...change the world one bite at a time. These are delicious bars/breads/treats that are nothing but pure healthy goodness. And Beyond Nourished who brought us soups but are known for delivering delicious food, putting on wicked workshops and creating unique dining events with spectacular service.
There were so many amazing women doing amazing things at this event. Here is the list - click to find out more about them: Bag O'Swag,Blessed Beyond Measure Coast Modern Film, Elana Sigal Jewelry, Inflection Management, Mesaimedesigns Raindrop Acupuncture, Redfish Kids Clothing, Gift a Night at Ronald McDonald House, Sancha Jewelry, ShoK Designs, Yoga for Teens
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Is anyone out there addicted to Scandal?
I know I am not alone in the binge watching of shows. On my Ipad mini I have lived in the English country side with Downton Abbey, the Pentagon with Homeland and of course in the underground Meth lab of Breaking Bad...but then I wondered what next? Well, that would be Scandal. So I am back in Washington, more often in the White House than the Pentagon and am addicted. Anyone else there with me?
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Dexter Associates Realty
Kerrisdale
2094 West 43rd Avenue
Vancouver, BC. V6M 2C9
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