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sharonlum.com

November 2018 Issue
604-813-0033
Sharon Lum, Personal Real Estate Corporation
November newsletter

Hello Friend

Welcome to my newsletter. Here you will find the latest real estate news and stats for your area. If you would like more information about market conditions in your community, or have any other real estate related questions, please contact me. I would be happy to meet with you to see how I can help you out.

Sharon Lum, PREC*
B. Com, Associate Broker
604.813.0033
sharon@sharonlum.com
www.sharonlum.com

OCTOBER SNAPSTATS REPORT

THE PUTTER

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As the modern world has moved toward machine-made goods, Ernest Wright & Sons of Sheffield (1902) is one of the last remaining hand manufacturer of scissors. This film documents ‘Putter’ Cliff Denton who is a ‘putter togetherer of scissors.’ Filmmaker Shaun Bloodworth captures the story of how these household tools are put together and perfected in this beautiful, wordless short which went viral in the US creating orders and saving the manufacturer from closing its doors.

Home listings at four-year October high as sales remain below typical levels

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Home sale activity across Metro Vancouver* remained below long-term historical averages in October.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 per cent decrease from the 3,022 sales recorded in October 2017, and a 23.3 per cent increase compared to September 2018 when 1,595 homes sold.

Last month’s sales were 26.8 per cent below the 10-year October sales average.

“The supply of homes for sale today is beginning to return to levels that we haven’t seen in our market in about four years,” Phil Moore, REBGV president said. “For home buyers, this means you have more selection to choose from. For sellers, it means your home may face more competition, from other listings, in the marketplace.”

Click here for the full report.

Greater Vancouver Market Watch - Detached

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Stats are calculated comparing October 2018 to October 2017 .

To see more information on local stats in Greater Vancouver, please click here.

Local Events

Vancouver Synthesizer Festival
Vancouver East, BC
November 23, 2018
Little Dickens: The Daisy Theatre
Vancouver East, BC
December 4-22, 2018
2018 Vancouver Christmas Market
Vancouver, BC
November 21 - December 24, 2018
Aurora Winter Festival
Vancouver, BC
November 23 - December 30, 2018
Grouse Mountain Peak of Christmas
Grouse Mountain, BC
November 23, 2018 - January 6, 2019
LEGO Workshop: The Loco-Motion
New Westminster, BC
November 17, 2018

Latest Featured Listings

R2311191

Luxury and Location! Metrotown / R2311191

$968,000
2 Bedrooms 2 Bathrooms 1,155 Sq Ft

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.


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