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Download Special Information Update: http://davidsetton.com/15-foreign-tax.html
Special Report - Vancouver Detached Single Family Homes Westside - Impact from Foreign 15% Tax
- take a few minutes to how new 15% tax introduced Aug 2nd has impacted single family market in Vancouver Westside
- look at 3 variables see how changed since tax introduced and since this time last year.
1) inventory, 2) # sales 3) Sale Price
1) Inventory: here is the challenge for buyers in the Westside - inventory hasn’t really changed since Aug or this time last year. +/- 1%. This is why we will see prices haven’t moved much.
2) # Sales: Sales are actually up since Aug when the tax was intro. by 24% but when you look at Oct 2015 comp to now sales are dn 52%
3) Sale Price: down 9% comp to Aug this year, but we are still up 10% compared to Oct 2015.
Lots of stats! One last thing - strong seller’s market in Oct 2015 now market favouring buyers.
Information package Westside, North Vancouver, Richmond, Burnaby, Surrey, Coquitlam

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Download 10 Sales Here: http://davidsetton.com/what-is-selling-in-kitsilano.html
What’s hot in the Kitsilano Single Family for November 2016
The Van Westside Single Family market is now favouring buyers but the Kitsilano market is balance.
- 10 Homes sold in Kits for between $1.395M for a 1925 built home on a 42 x 54 lot up to $3.28M for a 2015 built home on a 33 x 122 lot on 16th Ave
- 49 homes were available and on the market in Kitsilano in October so to have 10 sales puts us in a balanced market at a 20% SR (21% or more is a seller's market)
- Sold values in Kitsilano are lower at $2.3M than the median price for a home in the Westside - now at a $3.2M
If you like to take a look at these sales, I have a new package you can download at the link below map locating them and photos and details for each property.

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What’s hot in the Kitsilano Single Family for Jan 2016
See all homes that sold in Kitsilano last month here: http://davidsetton.com/what-is-selling-in-kitsilano.html
The Van Westside Single Fam market is very strong and very much fav sellers and Kits is no exception.
- 11 Homes sold in Kits for between $1.851M bought 33’ x 115’ land on 8th ave up to $3.3M for two ½ duplexes on a 49’ x 110 on 5th Ave
- 10 / 11 homes sold for over asking price
- 11 homes were available and on the market in Kits in Dec so to have 11 sales puts us in a strong seller’s market at a 100% SR (21% or greater)
- Sold values in Kits are lower at $1.9M than the median price for a home in the Westside - now at a staggering $3.2M
If you like to take a look at these sales, I have a new package you can download at the link below map locating them and photos and details for each property. specialize ph number

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