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A very small note to thank you for all your hard work and support over the past few months. Despite the general feeling of chaos we are both over the moon with our new house. M&L

White Rock and Area

Market Statistics February 2010

Summary: March 4th, 2010.

The Board’s Multiple Listing Service® (MLS®) recorded 1,204 sales in February, an increase of 23 percent over January’s sales and an increase of 77 per cent over the 682 sales during February of last year.

Deanna Horn, president of the Board explains, “Although the phones were quieter and we did experienceless traffic at open houses, we were surprisingly busy given how much everyone, includingREALTORS® were enjoying the Games.

“Buyers are aware of two key changes that could impact their purchasing ability. The new mortgage rulescoming in April, plus the Harmonized Sales Tax in July, so the ‘Olympic effect’ we were expectingwasn’t as deep.”

The Board’s MLS® received 2,879 new listings in February, an average of 144 per business day,providing buyers with 14 per cent more selection than they had the previous month. The number ofactive listings in February was 8,485, 12 per cent fewer than were available during February last year.

Residential Detached

Unit Sales

Feb 10 65
Feb 09 46
Jan 10

62

Townhouses

Unit Sales

Feb 10 22
Feb 09 10
Jan 10

28

Apartments

Unit Sales

Feb 10 44
Feb 09 30
Jan 10

36

 

Note* The above stats are for the White Rock / South Surrey only and while thought to be accurate should not be relied upon without verification.

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