Doris Gee

Sorry it’s been so long since our last entry. We’ve been crazy busy. It seems that just as soon as a listing sells, we replenish our inventory with a new listing. But t’s all good. Staying busy keeps us on our toes. Looking at our activity, it’s obvious that our attached listings (that’s apartments and townhouses) get more attention from buyers. And it’s understandable why. Many buyers are first-time buyers on a limited budget. That’s why all the reasonably priced apartments and townhouses get snatched up so quickly. That’s what many first-time buyers can afford.

Demand for homes is still running high and prices are following accordingly.

Real estate sales steady moving into fall

VANCOUVER, B.C. November 2, 2005 – The Real Estate Board of Greater Vancouver (REBGV) reports that year-to-date sales to the end of October are up 10.1 per cent in comparison to the same time last year. Sales of detached, attached and apartment properties increased by 13.4 per cent to 3,099 units sold in October 2005, compared to 2,734 sales in October 2004.

"In the last twenty-five years, October sales numbers have reached over 3,000 only three times," says REBGV President Georges Pahud. "Even as benchmark prices increased in comparison to last year, we’re seeing more than 64 per cent of home sales