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Springhill MLS® Listings
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Building Info
Springhill - 15065 58 Avenue Surrey, BC V3S 8Z5, LMS4445 - Located in the heart of the Sullivan Station neighbourhood on 58 Avenue and Panorama Ridge. This is a prime location that is close to transit, IGA, Cambridge Elementary, Panorama Village Park, medical services, shopping, restaurants, coffee shops, banks, recreation, City Hall, YMCA and more! Direct access to major transportation routes allows an easy commute to Langley, Downtown Vancouver and Delta. Springhill offers 61 lovely townhomes built in 2002 that are professionally managed. Most homes feature three levels, two or three bedrooms, gourmet kitchens, insuite laundry, cozy fireplaces, private backyards with patio areas and single or double garages with additional parking in the driveway. This is a well maintained complex that offers a clubhouse, visitor parking and manicured gardens. Springhill is in a quiet neighbourhood in Surrey with comfortable townhome living for the whole family!
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
Real Estate Related News Articles(Sun and Province)Search News
Q1 net income increase compare to previous quarter
The bank’s capital position remained “robust”, with a CET1 ratio of 12.5% “supporting strong volume growth and $1.5 billion in common share dividends paid.” RBC also boasted of a strong average Liquidity Coverage Ratio (LCR) of 141%.
According to CREA, as the spring market approaches, the current pace of home sales growth might be inhibited by an evident lack of supply, particularly in Ontario markets, to meet growing home buyer demand.