Wills Creek Townhouse: 11-3122 160th ST, South Surrey / White Rock

PRESTIGIOUS WILLS CREEK!! Outstanding townhome in Morgan Creek with 4 BR and 4 bath. Exceptional details and quality throughout, including gourmet kitchen with Fisher Paykel appliances, geothermal heating and cooling, hardwood floors, granite counters & heated flooring in bathroom. Fully finished basement with bedroom and full bathroom. Double side by side garage with bonus parking on the driveway. Relax at the resort style clubhouse featuring outdoor pool, hot tub & fitness centre. Near shopping, Morgan creek golf course, Southridge School and minutes from White Rock’s finest amenities. Balance 2/5/10 warranty. The ULTIMATE townhouse lifestyle is here! DON’T MISS OUT!!

MARCH, 2015: Real Estate Market Update

MARCH PROPERTY SALES CLIMB IN THE FRASER VALLEY (Surrey, BC) – In March, sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) reached the highest they’ve been in nine years. The Board processed 1,857 sales, a 47 per cent increase compared to the 1,259 sales in March of last year. Sales during March of 2006 were 2,072. Jorda Maisey, President of the Board, attributes the strength in the market to a number of factors. “Our population is growing, interest rates continue to remain supportive of housing demand and consumers are confident. It all adds up to a desire to invest in real estate now.” In March, the Board processed 11 per cent more new listings compared to March 2014, however higher sales eroded the number of active listings. March finished with 8,193 active listings of all property types, 7 per cent fewer than available during the same month last year. Maisey adds, “It’s important to emphasize that supply and demand vary depending on property type and location. Currently, demand for single family detached homes is outpacing supply in most Fraser Valley communities resulting in lower inventory levels, upward pressure on prices and homes selling faster than they did last year. “For buyers looking for a detached home or in certain areas a townhome, your REALTOR® will advise that selection is limited, you will have less time to make decisions and their ability to negotiate a lower price for you is diminished. This is not the case if you’re looking to invest in an apartment or an acreage property where the market continues to favour buyers.” The MLS® HPI benchmark price of a Fraser Valley single family detached home in March was $588,500, an increase of 4.5 per cent compared to March 2014 when it was $563,400. In …