VANCOUVER, B.C. – May 4, 2015

Strong home buyer demand cou-

pled with below average home list-

ing activity has created seller's

market conditions within the Metro

Vancouver* housing market. The

Real Estate Board of Greater Van-

couver (REBGV) reports that resi-

dential property sales in Metro

Vancouver reached 4,179 on the

Multiple Listing Service® (MLS®)

in April 2015. This represents a 37

per cent increase compared to the

3,050 sales recorded in April 2014,

and a 2.9 per cent increase com-

pared to the 4,060 sales in March

2015. Last month’s sales were

29.3 per cent above the 10-year

sales average for the month. “The

supply of homes for sale today in

the region is not meeting the de-

M a r k e t U p d a t e

한국어 문의 환영 합니다. 감사합니다.

VOL.2. ISSUE 05 May, 2015 778-997-0427 info@williamhong.com

www.williamhong.com

Real Estate News

Home buyer demand outpacing supply across the Metro Van-couver housing market

Funny Joke

Johnny's Heavy Wagon

Little Johnny was going to his fathers

house one day and he was packing

every thing in his room and putting it in

his little red wagon.

He was walking to his fathers house

with his wagon behind him, when he

came to this hill.

He started up the hill but was con-

stantly swearing "This God damn thing

is so heavy"

A priest heard him and came out. "You

shouldn't be swearing" said the priest.

"God hears you...He is every-

where...He's in the church...He's on the

sidewalk...He's everywhere"

Then Little Johnny says "Oh is he in

my Wagon"

The priest replies "Yes Johnny God is

in your Wagon"

Little Johnny says "Well tell him to get

the hell out and start pulling"

From William Hong, MBA

2

mand we're seeing from home

buyers. This is putting upward

pressure on prices, particularly in

the detached home market," Darcy

McLeod, REBGV president said.

New listings for detached, attached

and apartment properties in Metro

Vancouver totalled 5,897 in April.

This represents a 0.9 per cent de-

crease compared to the 5,950 new

listings reported in April 2014. The

total number of properties currently

listed for sale on the region’s

MLS® is 12,436, a 19.8 per cent

decline compared to April 2014

and an increase of 0.5 per cent

compared to March 2015. “It’s a

competitive and fast-moving mar-

ket today that is tilted in favour of

home sellers. To be competitive, it’

s important to connect with a local

REALTOR® who can help you de-

velop a strategy to meet your

home buying or selling needs,”

McLeod said. The MLS® Home

Price Index composite benchmark

price for all residential properties in

Metro Vancouver is currently

$673,000. This represents an 8.5

per cent increase compared to

April 2014. The sales-to-active-

listings ratio in April was 33.6 per

cent. This is the highest that this

ratio has been in Metro Vancouver

since June 2007. Sales of de-

tached properties in April 2015

reached 1,815, an increase of 35.9

per cent from the 1,336 detached

sales recorded in April 2014, and a

70.6 per cent increase from the

1,064 units sold in April 2013. The

benchmark price for a detached

property in Metro Vancouver in-

creased 12.5 per cent from April

2014 to $1,078,900. Sales of

apartment properties reached

1,579 in April 2015, an increase of

34.7 per cent compared to the

1,172 sales in April 2014, and an

increase of 50.1 per cent com-

pared to the 1,052 sales in April

2013. The benchmark price of an

apartment property increased 4.4

per cent from April 2014 to

$394,200. Attached property sales

in April 2015 totalled 785, an in-

crease of 44.8 per cent compared

to the 542 sales in April 2014, and

a 53.6 per cent increase from the

511 attached properties sold in

April 2013. The benchmark price of

an attached unit increased 5.7 per

cent between April 2014 and 2015

to $493,300.

www.rebgv.org.

3

www.williamhong.com

(NC) No matter what the season, Canadi-

ans love being outdoors. While Canadians

will brave the elements year round, things

are made a lot easier during the spring and

summer months. The amount of warm

weather activities are endless, however for

many Canadians the best memories are of

time spent with friends and family at the

cottage or in the backyard. One of the ne-

cessities for any outdoor gathering is a

powerful barbecue. The right grill and ac-

cessories can provide you and your guests

with mouth-watering meats, pizzas, vegeta-

bles and more. Here are some things to

look for when searching for your next grill:

Cooking Grids: Look for a grill with

heavy cast iron or stainless steel cooking

grids. Thick tightly spaced rods provide

superior heat retention that delivers searing

heat across the entire grilling surface.

Vaporization: Food drippings that are

allowed to drop through to the grease tray

are simply lost flavour. When you are

shopping for a grill look for a vaporizing

system that fully covers the cook box. This

allows vaporization to occur everywhere,

maximizing the flavour of your food.

The Burner System: The burner system

is one of the most important features in any

grill. If you already own a grill, you know

that nothing

is more frus-

trating that

doing the

grill dance –

rotating your

food around

the grill be-

cause of uneven heat distribution. Look for

a grill with multiple burners and flame

ports on both sides for the best coverage.

An important tip to note with tube burners

is gas has a natural tendency to pool at the

front. Make sure you look for a burner with

Dual-Tube design like in Broil King grills.

This is engineered to ensure even flame

from front to back. For peace of mind con-

sider a grill with a burner warranty of at

least 10 years.

If you are selecting a grill for the cottage,

make sure to also purchase a cover to pro-

tect from inclement weather and animals.

These are just a few helpful tips to keep in

mind when you are looking for your next

grill. Do your research, read consumer re-

views, and ask the store's customer service

representatives any questions that you may

have.

www.newscanada.com

T e n d e r L o v i n g C a r e

Spring and summer fun starts in the backyard

4

R e c i p e

Grilled Vegetables

Call William for Free Estimate, Today!

William Hong, MBA

778-997-0427 info@williamhong.com www.williamhong.com

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LISHER, THEREFORE APPROPRIATE CAUTION SHOULD BE USED.

NOT INTENDED TO CAUSE OR INDUCE BREACH OF AN EXISTING AGENCY RELATIONSHIP

Total Time:40 min ; Prep:15 min

Yield : 6 servings

Level:Easy

Ingredients

3 red bell peppers, seeded and halved

3 yellow squash (about 1 pound total), sliced lengthwise into 1/2-inch-thick rectangles

3 zucchini (about 12 ounces total), sliced lengthwise into 1/2-inch-thick rectangles

3 Japanese eggplant (12 ounces total), sliced lengthwise into 1/2-inch-thick rectangles

12 cremini mushrooms

1 bunch (1-pound) asparagus, trimmed

12 green onions, roots cut off

1/4 cup plus 2 tablespoons olive oil

Salt and freshly ground black pepper

3 tablespoons balsamic vinegar

2 garlic cloves, minced

1 teaspoon chopped fresh Italian parsley leaves

1 teaspoon chopped fresh basil leaves

1/2 teaspoon finely chopped fresh rosemary leaves

Directions

Place a grill pan over medium-high heat or prepare the barbecue (medium-high heat). Brush the vegetables with 1/4 cup of the oil to coat lightly. Sprinkle the vegetables with salt and pepper. Work-ing in batches, grill the vegetables until tender and lightly charred all over, about 8 to 10 minutes for the bell peppers; 7 minutes for the yellow squash, zucchini, eggplant, and mushrooms; 4 minutes for the asparagus and green onions. Arrange the vegetables on a platter. The key to getting those great grill marks is to not shift the vegetables too frequently once they've been placed on the hot grill.

Meanwhile, whisk the remaining 2 ta-blespoons of oil, balsamic vinegar, gar-lic, parsley, basil, and rosemary in a small bowl to blend. Add salt and pep-per to taste. Drizzle the herb mixture over the vegetables. Serve the vegeta-bles, warm or at room temperature.

Recipe courtesy Giada De Laurentiis