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New property listed in Heritage Mountain, Port Moody
I have listed a new property at 100 RAVINE DR in Port Moody.
5 BEDROOM 3 BATHROOM DETACHED HOME ON HERITAGE MOUNTAIN! Bus stop located right in front of the property and schools just down the street - school catchment includes Heritage Mountain Elementary, Eagle Mountain Middle and Heritage Woods Secondary. Close to parks, trails, shoppings & restaurants in Newport & Suterbrook, recreation and EVERGREEN LINE. Enjoy views of the city and inlet. Spacious kitchen w/ large island. 3 large bedrooms up. Master bedroom has 5-pc ensuite w/ pass-through fireplace and walk-in closet. 2 other bedrooms share 5-pc Jack & Jill bathroom. Lots of room in basement. 2-car DETACHED garage in the back lane w/ additional parking available. Low maintenance fenced yard, great for entertaining!
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June Stats 2018



With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver* reached a three-year high in June.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,425 in June 2018, a 37.7 per cent decline from the 3,893 sales recorded in June 2017, and a 14.4 per cent decrease compared to May 2018 when 2,833 homes sold.

Last month’s sales were 28.7 per cent below the 10-year June sales average.

“Buyers are less active today. This is allowing the supply of homes for sale to accumulate to levels we haven’t seen in the last few years,” Phil Moore, REBGV president said. “Rising interest rates, high prices and more restrictive mortgage requirements are among the factors dampening home buyer activity today.”

There were 5,279 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2018. This represents a 7.7 per cent decrease compared to the 5,721 homes listed in June 2017 and a 17.2 per cent decrease compared to May 2018 when 6,375 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,947, a 40.3 per cent increase compared to June 2017 (8,515) and a 5.8 per cent increase compared to May 2018 (11,292). This is the highest this total has been since June 2015.

“With reduced demand, detached homes are entering a buyers’ market and price growth in our townhome and apartment markets is showing signs of decelerating.”

For all property types, the sales-to-active listings ratio for June 2018 is 20.3 per cent. By property type, the ratio is 11.7 per cent for detached homes, 24.9 per cent for townhomes, and 33.4 per cent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,093,600. This represents a 9.5 per cent increase over June 2017 and is virtually unchanged from May 2018.

Sales of detached homes in June 2018 reached 766, a 42 per cent decrease from the 1,320 detached sales recorded in June 2017. The benchmark price for a detached home is $1,598,200. This represents a 0.7 per cent increase from June 2017 and a 0.6 per cent decrease compared to May 2018.

Sales of apartment homes reached 1,240 in June 2018, a 34.9 per cent decrease compared to the 1,905 sales in June 2017. The benchmark price for an apartment is $704,200. This represents a 17.2 per cent increase from June 2017 and a 0.4 per cent increase compared to May 2018.

Attached home sales in June 2018 totalled 419, a 37.3 per cent decrease compared to the 668 sales in June 2017. The benchmark price of an attached home is $859,800. This represents a 15.3 per cent increase from June 2017 and is virtually unchanged from May 2018.

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Tree pruning can be a difficult concept for many growers, but proper pruning is essential to proper growth and fruit development. When it comes to pruning, it seems like an arcane a mixture of art and science. When my dad bought his first fruit tree, he tried pruning by himself. His idea was that pruning was more for looks than anything else. He’d take the time to cut them into a nice shape and take off any dead or dying branches. He’d also do it about once a month. He was also doing it all wrong.

Pruning is far more than just a cosmetic treatment for your fruit trees; it’s a necessary part of growing process. Improperly pruned trees can end up overloaded with fruit or bear no fruit at all.

(For more info on growing your trees, look here.)

When Do You Prune?

Any cutting of dead branches and shaping done throughout the year is more akin to cleaning. Pruning is specifically designed to make it easier for the tree to grow and bear fruit. The primary time to prune a tree is at the tail of winter, at the end of the tree’s dormant cycle, or very early in spring. There are no leaves or fruit to bar your way and you have a clear vantage of the branches. There’s nothing worse than trying to cut a tree branch and end up falling off your ladder, cutting through a branch or being hit in the head by falling fruit. (Been there, done that). The other time to prune is during the summer, but that's only to time down trees that are over grown or too big.

Pruning a Young Tree

Young trees need to be pruned heavy. You basically turn small trees back into sticks in the ground. You’ll want to keep any small horizontal branches and get rid of any that are growing more vertically or downward below 90 degrees. Ideally, you want branches that are shooting for 45 to 60 degrees. Of course, any damaged or diseased branches have to go, as well as any small trees sprouting at the base. These are called suckers and compete for nutrients and do nothing for you.

Pruning a Larger Tree

When trees get larger, consider topping and thinning. Be careful of topping versus thinning trees. Topping a tree means cutting the tops of the tree into a snowball or flattop shape. This is drastic, and I always leave this to a professional arborist. If done wrong, topping can severely decrease the foliage of the tree as well as create several new shoots going off in all different directions. Topping is usually only done if the tree is so large that it could cause damage to property or if it is near power lines. Thinning means complete removal of the branches back to the main stem. You can keep the overall shape of the tree and new growth is distributed via numerous areas. You also want to cut off any branches that have turned and are growing towards the tree.

Buds Versus Branches

Trimming buds should be done right where the bud and tree connect. You don’t want to leave any stubs. You want to prune buds and shoots if branches become too overgrown or too heavy with fruit. Remember, each bud will become a small branch. The old way of pruning branches was to do it flush with the trunk of the tree. The problem was this wound allowed organisms to enter and infect the tree. The accepted way now is to prune just outside where the collar is. This creates a circular wound as compared to oval if cut to close to the main trunk.

My dad never did get the hang of pruning, but that’s no reason why you can’t become an expert.

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New property listed in Central Pt Coquitlam, Port Coquitlam
I have listed a new property at 203 2368 MARPOLE AVE in Port Coquitlam.
2 bedroom + den, 2 bathroom unit in Central Port Coquitlam! Features spacious kitchen with stainless steel appliances, granite countertops and breakfast bar. Large master bedroom with walk-in closet and ensuite. Features well-appointed bedroom and den. Balcony with access from both living room and master bedroom. Amenities include guest suites, fitness room, and bike room. Take your bike out during the summer along the Traboulay Trail adjacent to the Coquitlam River across the street. Close to Gates Park, all levels of schooling, shopping in Downtown Port Coquitlam, 5 minute walk to West Coast Express and recreation being built in the next few years. Only a 5-minute drive to Coquitlam Centre and skytrain. OPEN HOUSE Saturday, June 30th from 2:00pm to 4:00pm.
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New property listed in Glenwood PQ, Port Coquitlam
I have listed a new property at 3 2150 SALISBURY AVE in Port Coquitlam.
Buy nearly BRAND NEW 4 bedroom, 4 bathroom townhouse without paying GST! Fantastic, family-oriented neighbourhood. Many great detail-oriented features. Huge, modern kitchen with centre island, quartz countertops, spice drawer, spacious pantry and toe-kick vacuum in kitchen to sweep up your crumbs. Built-in surround sound in living room and speakers in kitchen and dining areas of the main floor. 3 bedrooms upstairs, including master bedroom with ensuite and walk-in closet. Additional bedroom and bathroom downstairs on ground level - perfect for guests! Rentals allowed. Close to shopping, restaurants, bus, schools, dog park, 25 km Traboulay trail along the Coquitlam River, and parks. Do nothing but move in!
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New property listed in Brentwood Park, Burnaby North
I have listed a new property at 4404 4485 SKYLINE DR in Burnaby.
BUY NEW WITHOUT PAYING GST! 2 bedroom + den, 2 bathroom unit with spectacular panoramic VIEWS of the North Shore mountains, Downtown Vancouver & ocean. Features include imported Italian cabinets and quartz countertops in kitchen and bathroom, air conditioning, laminate wood flooring & finished 9' ceilings. Includes 24 hr concierge service, 4 high-speed elevators, 1 storage locker, 1 parking, 5000 sq/ft two-level clubhouse with full kitchen/lounge, games room, fitness studio, outdoor rooftop patio with garden & BBQ. Close to shopping - Whole Foods, Shoppers Drug Mart, BC Liquor Store all just downstairs, Brentwood Skytrain across the street, 10 mins to downtown, 5 minute drive to Metrotown. OPEN HOUSE Saturday, June 30th from 2-4.
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