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Vancouver, BC – May 13, 2014.  The British Columbia Real Estate Association (BCREA) reports that a total of 7,730 residential sales were recorded by the Multiple Listing Service® (MLS®) in April, up 12 per cent from April 2013. Total sales dollar volume was $4.3 billion, an increase of 19 per cent compared to a year ago. The average MLS® residential price in the province rose to $561,613, up 6.3 per cent from the same month last year.

"BC home sales trended higher in April as the typically robust spring market unfolds,” said Cameron Muir, BCREA Chief Economist. “Rising consumer demand coupled with fewer homes for sale has most BC housing markets now exhibiting balanced conditions, where neither buyers nor sellers have any particular advantage."

"Housing affordability improved last month as intensifying completion for new business by financial institutions pushed the posted five-year fixed mortgage rate to a record low of 4.79 per cent” added Muir.

During the first four months of the year, BC residential sales dollar volume was nearly 28 per cent to $13.9 billion, compared to the same period last year. Residential unit sales were up 18 per cent to 24,165 units, while the average MLS® residential price was up 8.3 per cent at $573,965.

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I have sold a property at 208 4211 BAYVIEW ST in Richmond.
Stevestons best location. Spacious 3-bdrm w/den corner unit in The Village at Imperial landing. Lots of natural light in this wide open plan living area w/hardwood floors, an open plan kitchen finishedw/granite countertops, stainlesssteel appliances w/gas range & oven. Large master bdrm w/ensuite plus 2 other bedrooms plus a good-sized den that makes a good office/study/computer room. Conveniently located right in the heart of Steveston, with shops, fine restaurants, Community Center, Library, parks, tennis courts and just steps to the river boardwalk and Steveston's own Fisherman's Wharf
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