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The Thornton Group has JUST SOLD ANOTHER property at 33925 MCPHEE PL in Mission

The Thornton Group has JUST SOLD ANOTHER property at 33925 MCPHEE PL in Mission.
STOP THE CAR!! Do not miss this large luxury Family home located in an impressive neighborhood! Main features Huge Open Floor plan, attractive chef inspired Kitchen with quartz countertops, gas stove, stainless steel appliances & cabinets right to the ceiling. Oversized living room with fireplace is open to the kitchen & dining area flooded with sunlight has access to the large covered sundeck overlooking your fenced backyard. Upstairs includes 2 HUGE master bedrooms with private ensuites & walk-in closets! 2 more HUGE bedrooms, another full bathroom, & a large flex/ family room. Downstairs has Separate entrance, 2 bedrooms, 2 bathrooms, & a rec / theatre room! All of this Located on a quiet street within walking distance to shops, parks and more! HAS AC!
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Open House Open House on Saturday, October 29, 2022 1:00PM - 3:00PM

Please visit our Open House at 8 7077 EDMONDS ST in Burnaby.
Open House on Saturday, October 29, 2022 1:00PM - 3:00PM
This stunning, bright & fully renovated Apt/townhome has it all! Brand new chef-inspired kitchen with fresh cabinets, beveled tile backsplash & luxury quartz counters w/ waterfall! Other upgrades include BRAND NEW: Kitchen sink, water resistant laminate floor, paint, fixtures/lighting, fully renovated bathroom, fireplace stone, interior doors, retractable outdoor screen, washer & dryer. Cozy up to the gas fireplace while looking out to the oversized 325+ Sqft patio perfect for entertaining & BBQs. Pets allowed w/restrictions. Enjoy numerous trails & schools nearby including Byrne Creek Ravine steps away! Centrally located-Edmonds Skytrain & Highgate Village 5 min walk & fabulous shopping at Metrotown Mall 5 min drive. Welcome Home! OPEN HOUSE!! SATURDAY OCTOBER 29TH AND SUNDAY OCTOBER 30
 
 
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Open House Open House on Sunday, October 30, 2022 1:00PM - 3:00PM

Please visit our Open House at 8 7077 EDMONDS ST in Burnaby.
Open House on Sunday, October 30, 2022 1:00PM - 3:00PM
This stunning, bright & fully renovated Apt/townhome has it all! Brand new chef-inspired kitchen with fresh cabinets, beveled tile backsplash & luxury quartz counters w/ waterfall! Other upgrades include BRAND NEW: Kitchen sink, water resistant laminate floor, paint, fixtures/lighting, fully renovated bathroom, fireplace stone, interior doors, retractable outdoor screen, washer & dryer. Cozy up to the gas fireplace while looking out to the oversized 325+ Sqft patio perfect for entertaining & BBQs. Pets allowed w/restrictions. Enjoy numerous trails & schools nearby including Byrne Creek Ravine steps away! Centrally located-Edmonds Skytrain & Highgate Village 5 min walk & fabulous shopping at Metrotown Mall 5 min drive. Welcome Home! OPEN HOUSE!! SATURDAY OCTOBER 29TH AND SUNDAY OCTOBER 30
 
 
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Open House Open House on Sunday, October 30, 2022 2:00PM - 4:00PM

Please visit our Open House at 404 1655 GRANT AVE in Port Coquitlam.
Open House on Sunday, October 30, 2022 2:00PM - 4:00PM
Beautiful 2 Bedroom Condo in Port Coquitlam. The Benton is a quiet Top Floor North Facing Mountain view in natural light with a lovely, spacious balcony. Gorgeous layout & perfect condition thru-out. This home has BRAND NEW Carpets in both Bedrooms! Master bdrm is ample size with plenty of Closet area & 2nd Bdrm is also a good size. Kitchen is white with a great Breakfast Bar & new track lighting. Good entertaining home with lots of space & a cozy fireplace. Bathroom has been nicely updated with new flooring, toilet & light fixture. In Suite laundry. Large amenities party room with pool table & huge outdoor balcony for your special events, Walking distance to shopping, parks, schools, transportation & restaurants yet a quiet street. Easy to show home with lots of street parking!
 
 
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Open House Open House on Sunday, October 23, 2022 1:00PM - 3:00PM

Please visit our Open House at 404 1655 GRANT AVE in Port Coquitlam.
Open House on Sunday, October 23, 2022 1:00PM - 3:00PM
Beautiful 2 Bedroom Condo in Port Coquitlam. The Benton is a quiet Top Floor North Facing Mountain view in natural light with a lovely, spacious balcony. Gorgeous layout & perfect condition thru-out. This home has BRAND NEW Carpets in both Bedrooms! Master bdrm is ample size with plenty of Closet area & 2nd Bdrm is also a good size. Kitchen is white with a great Breakfast Bar & new track lighting. Good entertaining home with lots of space & a cozy fireplace. Bathroom has been nicely updated with new flooring, toilet & light fixture. In Suite laundry. Large amenities party room with pool table & huge outdoor balcony for your special events, Walking distance to shopping, parks, schools, transportation & restaurants yet a quiet street. Easy to show home with lots of street parking!
 
 
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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The Thornton Group has just listed ANOTHER home in Highgate, Burnaby South

The Thornton Group has just listed ANOTHER new property at 8 7077 EDMONDS ST in Burnaby.
This stunning, bright & fully renovated Apt/townhome has it all! Brand new chef-inspired kitchen with fresh cabinets, beveled tile backsplash & luxury quartz counters w/ waterfall! Other upgrades include BRAND NEW: Kitchen sink, water resistant laminate floor, paint, fixtures/lighting, fully renovated bathroom, fireplace stone, interior doors, retractable outdoor screen, washer & dryer. Cozy up to the gas fireplace while looking out to the oversized 325+ Sqft patio perfect for entertaining & BBQs. Pets allowed w/restrictions. Enjoy numerous trails & schools nearby including Byrne Creek Ravine steps away! Centrally located-Edmonds Skytrain & Highgate Village 5 min walk & fabulous shopping at Metrotown Mall 5 min drive. Welcome Home! Open House Sat Oct 22, 1-3pm
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Open House Open House on Saturday, October 22, 2022 1:00PM - 3:00PM

Please visit our Open House at 8 7077 EDMONDS ST in Burnaby.
Open House on Saturday, October 22, 2022 1:00PM - 3:00PM
This stunning, bright & fully renovated Apt/townhome has it all! Brand new chef-inspired kitchen with fresh cabinets, beveled tile backsplash & luxury quartz counters w/ waterfall! Other upgrades include BRAND NEW: Kitchen sink, water resistant laminate floor, paint, fixtures/lighting, fully renovated bathroom, fireplace stone, interior doors, retractable outdoor screen, washer & dryer. Cozy up to the gas fireplace while looking out to the oversized 325+ Sqft patio perfect for entertaining & BBQs. Pets allowed w/restrictions. Enjoy numerous trails & schools nearby including Byrne Creek Ravine steps away! Centrally located-Edmonds Skytrain & Highgate Village 5 min walk & fabulous shopping at Metrotown Mall 5 min drive. Welcome Home! Open House Sat Oct 22, 1-3pm
 
 
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Open House Open House on Sunday, October 16, 2022 2:00PM - 4:00PM

Please visit our Open House at 36 13819 232 ST in Maple Ridge.
Open House on Sunday, October 16, 2022 2:00PM - 4:00PM
Brighton Townhomes, proudly built by Portrait Homes in the award winning community of Silver Ridge. This home features 2 Bedrooms up,1 large office/3rd bedroom down & 3 Bathrooms. This Spacious home has loads of natural sunlight. A Massive unobstructed View with gorgeous sunsets, while sitting on your large balcony. The kitchen is center of attention with Granite countertops . Master Bedroom shares the stunning view of the mountains and sunsets with a ensuite and new laminate floors through-out the entire top floor. Brand New Washer, Dryer. 1 car garage with driveway parking for your second vehicle . All located minutes away from Maple Ridge Park, equestrian center, Wildplay park and plenty nature paths. The development is pet friendly and allows rentals! Book a Viewing Today!
 
 
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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The Thornton Group has just listed ANOTHER home in Silver Valley, Maple Ridge

The Thornton Group has just listed ANOTHER new property at 36 13819 232 ST in Maple Ridge.
Brighton Townhomes, proudly built by Portrait Homes in the award winning community of Silver Ridge. This home features 2 Bedrooms up,1 large office/3rd bedroom down & 3 Bathrooms. This Spacious home has loads of natural sunlight. A Massive unobstructed View with gorgeous sunsets, while sitting on your large balcony. The kitchen is center of attention with Granite countertops . Master Bedroom shares the stunning view of the mountains and sunsets with a ensuite and new laminate floors through-out the entire top floor. Brand New Washer, Dryer. 1 car garage with driveway parking for your second vehicle . All located minutes away from Maple Ridge Park, equestrian center, Wildplay park and plenty nature paths. The development is pet friendly and allows rentals! Book a Viewing Today!
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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The Thornton Group has just listed ANOTHER home in Glenwood PQ, Port Coquitlam

The Thornton Group has just listed ANOTHER new property at 404 1655 GRANT AVE in Port Coquitlam.
Beautiful Vacant 2 Bedroom Condo in Port Coquitlam. The Benton is a quiet Top Floor North Facing Mountain view in natural light with a lovely, spacious balcony. Gorgeous layout & perfect condition thru-out. This home has BRAND NEW Carpets in both Bedrooms! Master bdrm is ample size with plenty of Closet area & 2nd Bdrm is also a good size. Kitchen is white with a great Breakfast Bar & new track lighting. Good entertaining home with lots of space & a cozy fireplace. Bathroom has been nicely updated with new flooring, toilet & light fixture. In Suite laundry. Large amenities party room with pool table & huge outdoor balcony for your special events, Walking distance to shopping, parks, schools, transportation & restaurants yet a quiet street. Easy to show home with lots of street parking!
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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The Thornton Group has JUST SOLD ANOTHER property at 104 1135 WINDSOR MEWS in Coquitlam

The Thornton Group has JUST SOLD ANOTHER property at 104 1135 WINDSOR MEWS in Coquitlam.
Welcome to this spacious & beautiful 2-bed/2-bath home w/ fresh paint, & 9” ceilings thru-out at Bradley House in the Windsor Gate community! The main living area has an open concept with gorgeous chef inspired kitchen that boasts s/s appliances, gas range, quartz counter tops & over height cabinets! There is a spacious dining area & bright living room with lots of natural light flooding through the many windows & access to the large cover patio. Big master bedroom w/ walk in closet & 4 pce enste w/ soaker tub & dble vanity. Nice big 2nd bedroom w/ dble closet. This ground floor unit has a private, fenced backyard PERFECT for your doggy! Incredible resort like clubhouse with recreation center, sauna, hot tub and pool! Walking distance to the mall, skytrain, & restaurants!
Colin Thornton PREC*, Greg Thornton & Maria Chalmers With The Thornton Group at Keller Williams Elite Realty Port Coquitlam Greater Vancouver  are Top producing Real Estate Experts!
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Metro Vancouver saw more home sellers and fewer buyers in September

Vancouver, B.C. – October 4, 2022 – Home sellers were more active in Metro Vancouver’s* housing market in September while home buyer demand remained below the region’s long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,687 in September 2022, a 46.4 per cent decrease from the 3,149 sales recorded in September 2021, and a 9.8 per cent decrease from the 1,870 homes sold in August 2022.

Last month’s sales were 35.7 per cent below the 10-year September sales average.

“With the Bank of Canada and other central banks around the globe hiking rates in an effort to stamp out inflation, the cost to borrow funds has risen substantially over a short period,” said Andrew Lis, REBGV director, economics and data analytics. “This has resulted in a more challenging environment for borrowers looking to purchase a home, and home sales across the region have dropped accordingly.”

There were 4,229 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2022. This represents an 18.2 per cent decrease compared to the 5,171 homes listed in September 2021 and a 27.1 per cent increase compared to August 2022 when 3,328 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,971, an eight per cent increase compared to September 2021 (9,236) and a 3.2 per cent increase compared to August 2022 (9,662).

“With fewer homes selling and new listings continuing to come to market, inventory is beginning to accumulate, providing buyers with more selection compared to last year,” Lis said.

“With more supply and less demand within this market cycle, residential home prices have edged down in the region over the last six months.”

For all property types, the sales-to-active listings ratio for September 2022 is 16.9 per cent. By property type, the ratio is 12.4 per cent for detached homes, 18.4 per cent for townhomes, and 20.9 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,155,300. This represents a 3.9 per cent increase over September 2021, an 8.5 per cent decline over the past six months, and a 2.1 per cent decline compared to August 2022.

Sales of detached homes in September 2022 reached 525, a 44.7 per cent decrease from the 950 detached sales recorded in September 2021. The benchmark price for a detached home is $1,906,400. This represents a 3.8 per cent increase from September 2021 and a 2.4 per cent decrease compared to August 2022.

Sales of apartment homes reached 888 in September 2022, a 45.2 per cent decrease compared to the 1,621 sales in September 2021. The benchmark price of an apartment home is $728,500. This represents a 6.2% per cent increase from September 2021 and a 1.6 per cent decrease compared to August 2022.

Attached home sales in September 2022 totalled 274, a 52.6 per cent decrease compared to the 578 sales in September 2021. The benchmark price of an attached home is $1,048,900. This represents a 9.1 per cent increase from September 2021 and a 1.9 per cent decrease compared to August 2022.

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*Editor’s Note: Areas covered by the Real Estate Board of Greater Vancouver include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.

The real estate industry is a key economic driver in British Columbia. In 2021, 43,999 homes changed ownership in the Board’s area, generating $2.98 billion in economic spin-off activity and an estimated 20,942 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totaled $53.4 billion in 2021.

The Real Estate Board of Greater Vancouver is an association representing more than 14,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.rebgv.org.

For more information please contact: 

Craig Munn

Vice President, Communication

Real Estate Board of Greater Vancouver

604.730.3146

cmunn@rebgv.org

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