Oh what a year it has been so far. Please give yourself some time and space to process all of this in whatever feels right for you. Remember to be KIND to yourself and to others.
Market Trend
According to the Real Estate Board of Greater Vancouver (REBGV) news release, it stated that in Metro Vancouver, the home prices remain steady since provincial health officials implemented physical distancing requirements in March.
The REBGV’s Chair Colette Gerber explained that "home buyers and sellers are
adapting today, becoming more comfortable operating with the physical-
distancing requirements that are in place in the market."
Everyday Heroes: Cloverdale Community Kitchen
Helps alleviate poverty in Cloverdale. More than just a soup kitchen, they build a community in Cloverdale.
Pay It Forward
We all need encouragement. Some ideas to put a smile on people.
Write 3 motivating or encouraging notes on a Post-it note and give or stick it around (local coffee shops, library book, etc.). Use the next page as a template.
Show Biz
Throwback Movie: Good Will Hunting
A cult classic! We take in a lot of information, hear about family and friend’s experiences, but what will we do with it?
"Your move, chief!"
Median Prices
ESTIMATED MEDIAN PRICE OF A BENCHMARK PROPERTY
The MLS® HPI is a more stable price indicator than average prices, because it tracks changes of "middle-of-the-range" or "typical" homes and excludes the extreme high-end and low-end properties.
Typical homes are defined by the various quantitative property attributes (e.g. above ground living area in square feet) and qualitative housing features (e.g. proximity to shopping, schools, transportation, hospitals etc.) toward the home price of properties sold in Greater Vancouver communities.
The prices have barely changed from April 2020, but there has been a 5.7% (REBGV) increase in total homes listed on the MLS® system.
"Happiness is not having what you want. It is appreciating what you have."
Other Stats
Be the sunshine on someone's cloudy day!
Click below to download the full June 2020 Newsletter!
Keep Smiling, 😊
Heather Chua