Bob Sethi, B.Comm | 604.273.2828

 
I have listed a new property at 2080 ANSON AVE in Richmond.
This is it! Burkeville's hottest listing! Studs-out renovated, bright family home has it all: new kitchen, bathrooms, electrical/plumbing, heat-pump/air-conditioning, floors/moldings/paint, roof, windows plus so much more. Indoor/outdoor living layout w/fenced yard, sundeck, grass lawns, two kids' playcentres, large storage shed/workshop & room to build lane-entry garage. Burkeville is Richmond's best kept secret: a family-friendly community minutes from Vancouver where you'll see kids riding down tree-lined streets while families picnic & play in Burkeville Neighborhood Park. Why live in a townhouse? Own this fully renovated home in an idyllic community! Alot of love has been put into this home - call today to make it yours!
Read Full Story

VANCOUVER, May 8, 2014 — Housing starts in the Vancouver Census Metropolitan Area (CMA) were trending at 18,682 units in April compared to 18,729 in March, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts.


“The trend was relatively stable in April, with a marginal increase in single-detached home starts balanced by a small decline in multiple-family construction,” said Robyn Adamache, CMHC’s Senior Market Analyst for Vancouver.


Vancouver CMA Housing Starts April 2014

*Seasonally adjusted annual rate. Source: SCHL.


CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the housing market. In some situations, analysing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next.


The standalone monthly SAAR was 17,681 units in April, down from 20,594 in March. This decrease is the result of a decline in multiple housing starts, notably in apartment construction.


Housing starts in the Abbotsford-Mission CMA were trending at 629 units in April from 463 units in March.


Preliminary Housing Starts data is also available in English and French at the following link: Preliminary Housing Starts Tables

 

As Canada's national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions.


For more information, contact me at bob@bobsethi.com with subject line, "CMHC". 


All information taken from sources believed to be reliable. Reproduced from CMHC news release. 1 All starts figures in this release, other than actual starts and the trend estimate, are seasonally adjusted annual rates (SAAR) — that is, monthly figures adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels. By removing seasonal ups and downs, seasonal adjustment allows for a comparison from one season to the next and from one month to the next. Reporting monthly figures at annual rates indicates the annual level of starts that would be obtained if the monthly pace was maintained for 12 months. This facilitates comparison of the current pace of activity to annual forecasts as well as to historical annual levels.

Post CommentComments: 0Read Full Story
Categories:  | 2011 | AB | agricultural land reserve | Alberta | ALR | apartment | apartments | April | attached | August | Bank of Canada | BC | bc hydro | BC Real Estate | BC Real Estate Association | BCREA | benchmark | benchmark price | Brendon Ogmundson | Bridgeport RI | Bridgeport RI, Richmond Real Estate | Brighouse | Brighouse South | Brighouse South, Richmond Real Estate | Brighouse, Richmond | Brighouse, Richmond Real Estate | British Columbia | Broadmoor | Broadmoor, Richmond Real Estate | bubble | Burnaby East Real Estate | bursuries | buyers | buying selling investing mortgage home equity loan loan to value ratio | Cameron Muir | Canada | Central Interior | change | chba | cmhc | CMHC Goverment of Canada Line of Credit mortgage insurance amortization loan | condominium | Conserative | detached | Downtown VW | Downtown VW, Vancouver West | East Burnaby | East Burnaby, Burnaby East Real Estate | East Cambie | East Cambie, Richmond Real Estate | East Vancouver Burnaby | economy | energy | Eugen Klein | families | first time homebuyer | First Time Homebuyers Tax Credit | Flaherty | fortis bc | Garden City | Garden City, Richmond Real Estate | GDP | Genworth | Government | grade 12 | grants | Granville, Richmond Real Estate | Greater | Greater Vancouver | Greater Vancover | gst | gvhba vancouver real estate peter simpson cmhc bob rennie bob ransford u.s. mainland china tsawwassen nimby banana nope delta lo | Hamilton RI | Hamilton RI, Richmond | harmonized tax | Harper | high density housing | home owner grant | house prices | housing | Housing Price Index | HPI | hst | Immigration | insurance | Interior | investment | Ironwood | Ironwood, Richmond | Ironwood, Richmond Real Estate | Kamloops | Kevin Falcon | Liberal | Lower Mainland | Mainland China | market share | May | McLennan | McLennan North | McLennan North, Richmond | McLennan North, Richmond Real Estate | McLennan, Richmond | McNair | McNair, Richmond | McNair, Richmond Real Estate | Metro Vancouver | Minister | minister of finance | MLS | mortgage | mortgage rules 2011 cmhc goverment of canada mortgage insurance housing market bank of canada income borrowing | MV RGS | N. Delta Real Estate | NDP | new home taxes | New Westminster | New Westminster Real Estate | North | North Shore | North Surrey | North Surrey Real Estate | owners | problem solvers | property | Province | Provincial Government | PST | PTT | Queen Mary Park Surrey | Queen Mary Park Surrey, Surrey | Queensborough | Queensborough, New Westminster | Queensborough, New Westminster Real Estate | rates | RE/MAX | RE/MAX Housing Barometer Report 2010 | Real Estate | Real Estate Board of Greater Vancouver | Realtors | rebates | REBGV | reduce | referendum | Regional Growth Strategy | rental | residential property | Richmond | Richmond condo strata development project six storey wood frame | Richmond Real Estate | Riverdale RI | Riverdale RI, Richmond Real Estate | rules | sales | Sauder School of Business | Saunders | Saunders, Richmond | Saunders, Richmond Real Estate | scholarship | Schools | Sea Island, Richmond Real Estate | sell through rates | September | solar | South Arm | South Arm, Richmond | South Arm, Richmond Real Estate | statistics | stats | Steveston North | Steveston North, Richmond | Steveston North, Richmond Real Estate | Steveston South | Steveston South, Richmond | Steveston South, Richmond Real Estate | Sunshine Hills Woods | Sunshine Hills Woods, N. Delta Real Estate | Surrey | Surrey City Centre | Surrey Real Estate | tax deferment | taxes | terasen | threshold | towhomes | townhome | transition | Tsur Somerville | UBC | vancouver | vancouver real estate rebgv statistics buying selling average prices market conditions | Vancouver West | water meter | West Cambie | West Cambie, Richmond Real Estate | West Coast | West Newton | West Newton, Surrey | West Newton, Surrey Real Estate | Western Canada | Westwind, Richmond Real Estate | Whalley | Whalley, North Surrey | Whalley, North Surrey Real Estate | WHL hockey RE/MAX
Bob Sethi, B.Comm
Office:604.273.2828
Fax:604.273.0685
RE/MAX Westcoast
#110-6086 Russ Baker Way
Richmond, BC
V7B 1B4 Canada

Why Sign Up?

  • Save your Listing Searches
  • Email Alerts on new Listings
  • See new listings sooner
  • Tag your Favourites for later

Already a Member?