Market News › May 2016

New Listing 11720 Steveston Hwy, Richmond,

C8006028 - 11720 Steveston Hwy, Richmond, , CANADAView my new listing for sale at 11720 Steveston Hwy, Richmond and currently listed at $285,000.

Marble Slab Creamery Franchise provides franchisees with corporate support, a proven brand & a delicious product. Corporate Support  Each franchisee receives extensive, hands-on training in that covers every aspect of store management including operations, marketing and financial management. You will be accompanied by an “Opening team” to help assist you in the first days of store operations and planning of your grand opening. You will receive one-on-one marketing guidance and our Franchise Business Consultants are always a phone call or email away. Proven Brand  Conceived in 1983, Marble Slab Creamery is the originator of the unique frozen slab concept. Throughout the past 30 years, the Marble Slab Creamery brand has continued to strengthen their proven systems and concepts that offer franchisees the tools for success. Delicious Product  What could be better than going to “work” surrounded by a more than 55 flavours of super-premium ice cream, a variety of mixins and the aroma of freshly-baked waffle cones?   IDEAL FRANCHISEE PROFILE Our group of Franchisees is very diverse, including Entrepreneurs, Accountants, Flight Attendants and former employees of large corporations. However, there are a number of qualities that our most successful Franchisees have in common. Attitude. The ideal Franchisee has a positive attitude, is passionate and enthusiastic, and has an entrepreneurial spirit. Successful Franchisees are appreciative of their customers and employees, recognizing that they are essential to the success and growth of their business. Successful Franchisees are willing to act as a role model for their employees, and provide them with the necessary training to develop their skills as a member of the Marble Slab Creamery team. Integrity. The ideal Franchisee is an individual that has integrity in all aspects of their business operations. Participation. Must be willing to follow a proven system that establishes consistent protocol for all aspects of running a successful business. They will work “in” the business to learn the System provided to them by Marble Slab Creamery, then work “on” the business to promote new venues for building customer loyalty, attracting new customers, and promoting catering, custom cakes, and to-go sales. The Franchisee will also commit to maintain consistent superior standards in store sanitation, cleaning and customer service practices. Finances. The ideal Franchisee will have the financial resources to establish and expand their business. Community Involvement. The ideal Franchisee is active in their community and community organizations. Marketing. The ideal Franchisee is a proactive grassroots marketer. They seek out the venues that they perceive will be most valuable in growing their business. They will collaborate with the Corporate Office to determine proactive marketing plans and strategies for their business. All above information courtesy of Marble Slab Creamery Please email [email protected] for more specific details.


av grey logo  stats  stats april2016

Home sales remain at record levels across Metro Vancouver

Last month was the highest selling April on record for Metro Vancouver.

Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared to March 2016 when 5,173 homes sold.

April sales were 41.7 per cent above the 10-year sales average for the month. 

“Home buyer competition remains intense across the region,” Dan Morrison, REBGV president said. “Whether you’re a home buyer or seller, it’s important to work with your local REALTOR® to get the information you need and to develop a strategy that will help you navigate today’s market.”

New listings for detached, attached and apartment properties in Metro Vancouver totalled 6,127 in April 2016. This represents an increase of 3.9 per cent compared to the 5,897 units listed in April 2015 and a 2.4 per cent decline compared to March 2016 when 6,278 properties were listed.

"While we’re seeing more homes listed for sale in recent months, supply is still chasing this unprecedented surge of demand in our marketplace," Morrison said.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 7,550, a 39.3 per cent decline compared to April 2015 (12,436) and a 2.6 per cent increase compared to March 2016 (7,358).

The sales-to-active listings ratio for April 2016 is 63.3 per cent. This is indicative of a seller’s market.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period of time.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $844,800. This represents a 25.3 per cent increase [in price] compared to April 2015.

Sales of detached properties in April 2016 reached 1,979, an increase of 9 per cent from the 1,815 detached sales recorded in April 2015. The benchmark price for detached properties increased 30.1 per cent from April 2015 to $1,403,200.

Sales of apartment properties reached 2,107 in April 2016, an increase of 33.4 per cent compared to the 1,579 sales in April 2015.The benchmark price of an apartment property increased 20.6 per cent from April 2015 to $475,000.

Attached property sales in April 2016 totalled 695, a decrease of 11.5 per cent compared to the 785 sales in April 2015. The benchmark price of an attached unit increased 22.1 per cent from April 2015 to $608,600.


For more regional or neighbourhood details, please contact:

A.V. Sayson REBGV Realtor®


Statistics Package now avilable for April 2016