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Receive more information about Lakewood Green
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Lakewood Green MLS® Listings
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Building Info
Lakewood Green - 8560 162 Street Surrey, BC V4N 1B4, NWS3278 - located on the corner on 162 Street and 86 Avenue in the popular area of Fleetwood in Surrey. Lakewood Green offers 78 luxury townhomes quality built by Contour in 1991 and are well managed. Lakewood Green is nearby Elementary and Secondary schools, bus stops, Fleetwood shopping, a rec centre, parks, Surrey Public library, restaurants, coffee shops, medical services and more! Direct access to major transportation routes including the Fraser Highway, allows an easy commute to surrounding destinations. Most homes feature two levels, three bedrooms, 1 1/2 baths, side-by-side double garage with lots of storage space, vaulted ceilings, skylights, in-suite laundry and cozy gas fireplaces. Residents can enjoy spacious patios with fully fenced private backyards that are perfect for entertaining and relaxing. Complex features include a common clubhouse, visitor parking and manicured grounds. Lakewood Green offers quality and elegant townhome living.
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
Covid-19 pandemic cause increase demand for housing
“In the absence of a marked uptick in inventory, the current relationship between demand and supply supports continued double-digit average home price growth this year,” the real estate board’s chief market analyst, Jason Mercer, commented in the report.
The province has already introduced and extended a rent freeze during the COVID-19 pandemic, and it says in a news release Monday that new legislative changes will keep it in place through Dec. 31.
The pros and cons of purchasing the upgraded condo building compare to the newly build one
“Capacity is also a problem—most managers struggle to keep up with their day-to-day activities, so targeting reductions doesn’t happen much because they’re trying to keep their heads above water.”
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