Recent Sales
Greetings!

As we move forward into 2018, one thing is certain, this upcoming year will no doubt be a watershed year for the real estate industry in British Columbia. The Superintendent of Real Estate is committed to introducing new rules and regulations designed to slow down the escalation in sale prices and rein in unscrupulous Realtors® who currently hold real estate licenses.

Personally, as a proud Realtor®, with over 22 years of experience, I welcome any changes proposed by the Superintend, if they make this industry more transparent and fair to all parties involved.

As mentioned in this space previously, I spent some time during 2017 updating and increasing my social media and online presence, and I would like to ask for your support with my efforts in these areas.

Please visit my Facebook page at Barrie Seaton - Your Local Realtor and you will see me on the right side of the page. Please click on “Write a Review” give me a star rating to describe your experience and click “Post”.

Thank you in advance for your support, and please feel free to contact me anytime if I can be of help or you need anything from me.


Barrie Seaton
Royal LePage West Real Estate Services 
778.229.6627
Market News
Home buyers were less active in February

Metro Vancouver* home sales dipped below the long-term historical average in February.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent increase compared to January 2018 when 1,818 homes sold.

Last month’s sales were 14.4 per cent below the 10-year February sales average. By property type, detached sales were down 39.4 per cent over the same period, attached sales were down 6.8 per cent, and apartment sales were 5.5 per cent above the 10-year February average.

“Rising interest rates and stricter mortgage requirements have reduced home buyers’ purchasing power, particularly for those at the entry level of our market,” Jill Oudil, REBGV president said. “Even still, the supply of apartment and townhome properties for sale today is unable to meet demand. On the other hand, our detached home market is beginning to enter buyers’ market territory.”
Area Market Trends
Sales volumes and new & active listings for detached homes. Information on your area is also available. Please call or email to request.






* Note: This representation is based in whole or in part from data generated by the REBGV, while it is deemed to be accurate the REBGV assumes no responsibility for its accuracy.
Mortgage Information
First Mortgages
Term Rate
6 months 3.10 %
1 Year 2.99 %
2 year 3.04 %
3 Year 3.24 %
5 Year 3.24%
7 Year 3.79 %
10 Year 3.84 %
Rates are subject to change, for a current rate quote contact:
Kevin Oake koake@dominionlending.ca 604-816-6242
Dominion Lending Centers
Cops for Cancer 2018
Tour de Coast
Presented by the Canadian Cancer Society

One of my past clients Jason Gray will be riding in the 2018 Canadian Cancer Society’s Cops for Cancer Tour de Coast. The Cops for Cancer campaign is part of the Canadian Cancer Society and raises funds for pediatric cancer research and support programs and services for children and families living with cancer.
Read More On the Cops For Cancer
Barrie Seaton
778.229.NOBS (6627)