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www.jenniferchenghomes.com

December 2018 Issue
604-808-9708
Jennifer Cheng
December 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.

Jennifer Cheng
Jennifer Cheng
Multiple Realty LTD
Multiple Realty Ltd
604-808-9708
www.jenniferchenghomes.com

Metro Vancouver homes sales down across all property types

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Home buyer demand remains below long-term historical averages in the Metro Vancouver* housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales totalled 1,608 in the region in November 2018, a 42.5 per cent decrease from the 2,795 sales recorded in November 2017, and an 18.2 per cent decrease compared to October 2018 when 1,966 homes sold.

Last month’s sales were 34.7 per cent below the 10-year November sales average and was the lowest sales for the month since 2008.

“Home buyers have been taking a wait-and-see approach for most of 2018. This has allowed the number of homes available for sale in the region to return to more typical historical levels,” Phil Moore, REBGV president said. “This activity is helping home prices edge down, across all property types, from the record highs we’ve experienced over the last year.”

Click here for the full report.

Preparing Your Home For Holiday Guests

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The holiday season is officially upon us and with it, holiday guests! If you have taken it upon yourself to be the host for this year’s holiday season, now is the perfect time to start preparing your home for family and friends. Use these tips to guide you through getting your home guest-ready to ensure that your holiday hosting goes off without a hitch!

Make Room For A Happy Holiday

It can be hard to enjoy the company of family and friends when you are constantly bumping into one another. Be sure to thoroughly declutter the rooms that your guests will be mingling in before the big day. Depending on the number of guests you are expecting, you may have to rearrange your furniture to better accommodate your party.

Set The Holiday Mood For Your Guests

A little bit of tinsel and a few wreaths can go a long way towards bringing the holiday spirit into your home! Try spreading holiday decorations throughout your home to help your guests get into a holiday mood. Also, be sure to create a playlist of your favorite holiday tunes that can play in the background during your event. A few holiday classics are sure to set the perfect tone for your evening!

Prepare Easy To Eat Appetizers

Make sure you prepare enough snacks to keep your guests occupied while dinner cooks! When choosing which appetizers to provide, try to pick ones that won’t leave a mess on your guests’ hands and cause a handwashing lineup at your bathroom. If you are comfortable working in the kitchen, homemade appetizers are not only a great treat but also a fantastic conversation starter!

Here’s to wishing everyone a happy holiday and a fantastic New Year!

Vancouver Market Watch - Detached

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Stats are calculated comparing November 2018 to November 2017 .

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

Burnaby Market Watch - Detached

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Stats are calculated comparing November 2018 to November 2017 .

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

Local Events

Ugly Christmas Sweater Toonie Skate
Burnaby, BC
December 22, 2018
2018 Vancouver Christmas Market
Vancouver, BC
November 21 - December 24, 2018
CONTACT Festival 2018
Vancouver, BC
December 28 - 29, 2018

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


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