Saturday, Jan 25, 2020
Volume 29 Number 4
Phone: 604-502-6100
Fax: 604-501-6111 Email: voicerealtyads@gmail.com
BC Homes Sales Carry Momentum into 2020 BCREA 2020 First Quarter Housing Forecast Update Vancouver, BC: January 23, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 10.3 per cent to 85,290 units this year, after recording 77,349 residential sales in 2019. MLS® residential sales are forecast to increase 6.3 per cent to 90,700 units in 2021. “The outlook for home sales in 2020 is considerably brighter than the past two years,” said Brendon Ogmundson, BCREA Chief Economist. “Momentum carried through from the end of 2019 to 2020 will put the housing market on more solid footing, aided by low interest rates and an improving economy.” While demand is recovering, the supply of homes for sale has not managed to keep pace. New listings activity did not materially increase during the downturn in home sales, and total inventory did not accumulate to the same extent as in prior slowdowns. As a result, market conditions around the province are tightening and home prices will likely face upward pressure as demand continues to firm. In 2020, we expect the MLS® average price will rise
To demonstrate the profession’s commitment to improving Quality of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide
housing opportunities, preserve the environment, protect property owners and build better communities with good schools and safe neighbourhoods.
Manufacturers Of Quality Cabinetry
4.8 per cent to $734,000.-30For the complete news release, including detailed statistics For more information, please contact: Brendon Ogmundson Chief Economist Direct: 604.742.2796 Mobile: 604.505.6793 Email: bogmundson@bcrea.bc.ca BCREA is the professional association for more than 23,000 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients.
“Celebrating 30 years in Business” Sohan Singh Bhogal
Single Family Homes Multi Family Projects Hi-rise Apartments
Ph: (604) 597-0364 • Fax: (604) 597-2638
13375 comber way, Surrey, BC V3W 5V8 Canada, www.sunrisekitchens.com info@sunrisekitchens.com
Buying or Selling... Call for all your real estate need and a FREE EVALUATION of your property • RESIDENTIAL • COMMERCIAL • INVESTMENT • LAND ASSEMBLY • FARM LAND • TOWN HOUSE • CONDOMINIUMS • WAREHOUSE • APARTMENTS
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RESIDENTIAL, COMMERCIAL & PRIVATE MORTGAGES
Refinance & Renew Your Mortgage
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• Low Income • Self Employed • Bad Credit • New Immigrant • Land Development • Second Mortgages
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#202-12830, 80th Ave. (York Business Centre) Surrey Tel: 604-501-9837 Fax: 604-501-9847 amhc@shawbiz.ca
muPq sl`h mSvry leI huxy Pon kro *Lender/Broker Fee may apply but not without prior written consent of the client
GURHIMAT S. GILL
604.825.4880
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604.765.4023
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LOOKING FOR
MORTGAGE I WORK FOR YOU, NOT FOR LENDERS
With over 14 years of banking and lending experience, I make your financial journey to home ownership a hassle free experience.
PRIVATE MORTGAGES We have large pool of in house funds available
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I SPECIALIZE IN : • Residential mortgages Purchases and refinances • Commercial mortgages • Self-employed programs • New to Canada programs
Axis Mortgage Corp. #204-12885-80th Ave Surrey BC V3W 0E6
NEETU DHILLON Email : neetu_dhillon46@hotmail.com Email : dhillon_n@mortgagecentre.com
www.neetudhillonmortgageadvisor.com
MORTGAGE SPECIALIST
PH: 604.780.0458
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Century 21 Award Winner 2011, 2012, 2014
13977 18 Avenue, Surrey
$3,999,888
Stunning new home in Sunnyside with a sun drenched North backyard. Beautifully crafted w/ultra high end construction & finishing. Exclusive open concept designed & built by a professional Builder. Water on demand systems. Build in A/C and more. Huge kitchen w/elegant cabinets. Feature Island, wok kitchen. Designer Lighting. High celling in living room welted ceiling in the Family room area. Four security cameras with monitor. Tile & Engg wood floor. Media room w/wet bar and Billiard room. In ground sprinkler System, Professionally landscaped. Legal two bedroom suite. Two front gates entry U shape driveway. This is perfect family home close to Bay ridge/Ray Shepherd Elementary and Elgin high school catchment. Close to Be * PREC - Personal Real Estate Corporation
6989 204 St, Langley
$3,299,000
1.2 Acre Townhouses, live/work 'C' 16-20 units/acre Development Property with Views in APROVED Willoughby Central Gordon Estates Plan. No Creeks or Easements. 1,400 Sq ft 3bdr/2bath Rancher not livable. Great Investment Potential. Close to all shopping and amenities. An exclusive opportunity to invest in one of Canada's fastest developing communities. Property sold as is where is. Land value only. By appointment only.
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13997 18 AV, SURREY
20561 68A Ave., Langley
Half Acre Lot Ready to Build. Fabulous 19,000 sq. ft. building lot available in Sunny Side Park. The perfect location to build your dream home. Close to Ray Shepherd, Laronde, and Elgin Park Secondary schools and walking distance to local parks. G.S.T. not included in the listing price. * PREC
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$1579000.00
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Spectacular custom built home with professional b u i l d e r N o r t h Ea st Gordon area. Walking distance to the urban shopping area. This impressive 3-storey homewith finished basement. Featuring 4
SITE FOR SALE Three townhouse site available in Langley For more details call vipan sharma
6922 202B Street, Langley This offering represents an opportunity to secure 1.6 acres of prime townhouse development land in the Central Gordon neighbourhood in the Township of Langley. The property is designated for 12-40 units per acre. Great Investment Potential. Close to all shopping and amenities. An exclusive opportunity to invest in one of Canada's fastest
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$3,678,400
$929,000
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8 Bed, 7 Bath, 6,355 Sq Ft, 20,020 Sq Ft Lot, Built: 2017
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BANK MORTGAGES ALTERNATIVE LENDING
2.69 2.94 3.89% %
5 YEAR FIXED HIGH RATIO
%
5 YEAR FIXED CONVENTIONAL
UP 1 YR FIXED
PRIVATE MORTGAGES 5.99% up 1 Year Fixed for 1st Mortgage. 7.95% up 1 Year Fixed for 2nd Mortgage.
JEET SINGH Mortgage Advisor 20 years of mortgage experience
778-320-9494 www.crownfunding.ca
*Rates subject to change without notice. Conditions apply.
Call me for a no obligation rate quote !!
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We Build Your Dream Home
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Saturday, Jan. 25, 2020
CELEBRATE LUNAR NEW YEAR WITH US!
SATURDAY, JANUARY 25TH 12PM-6PM Lion Dance at 2PM, followed by Lucky Red Envelope Draw.
PRIZES UP TO $500! LIMITED TIME PROMOTION 2σ $// %HGV 2σ $// %HGV
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NOW SELLING
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TOWNLINE.CA | 604 951 8111
Sales and Marketing by Townline Marketing Inc. & Rennie and Associates. Prices, promotions and incentives are for a limited time only and subject to change without notice. See sales associates for details on incentives. The developer reserves the right to make changes and modifications to the information contained herein without prior notice. Artistâ&#x20AC;&#x2122;s renderings are representations only and may not be accurate. This is not an offering for sale. Any such offering can only be made with a Disclosure Statement. E.&O.E.