January 2019 Issue
Sosa Real Estate Group
Sosa Real Estate January Newsletter

Hello Friend

Welcome to my newsletter. Here you will find the latest real estate news and stats for your area. If you or anyone you know would like more information about market conditions, or have any other real estate related questions, please pass along my contact information or contact me directly. I would be happy to help and make any real estate experience a positive one!

Sosa Real Estate Group
Sosa Real Estate Group
Macdonald Realty Westmar

Metro Vancouver home sales decline below historical averages in 2018


Metro Vancouver* home sales in 2018 were the lowest annual total in the region since 2000.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 24,619 on the Multiple Listing Service® (MLS®) in 2018, a 31.6 per cent decrease from the 35,993 sales recorded in 2017, and a 38.4 per cent decrease compared to the 39,943 residential sales in 2016.

Last year’s sales total was 25 per cent below the region’s 10-year sales average.

“This past year has been a transition period for the Metro Vancouver housing market away from the sellers’ market conditions we experienced in previous years,” Phil Moore, REBGV president said. “High home prices, rising interest rates and new mortgage requirements and taxes all contributed to the market conditions we saw in 2018.”

Click here for the full report.

Three Tips for Keeping Your New Year’s Resolutions


Welcome to 2019! The New Year has officially arrived and with it, New Year’s resolutions! As most are aware, New Year’s resolutions are notoriously difficult to stick with past the first few weeks of January. Stay true to your 2019 resolutions by using these helpful tips!

Write It down in a Visible Location

It’s far easier to abandon a resolution when it’s never visible throughout your daily routine. If you are serious about sticking to your resolutions this year, be sure to write them down in a place that you will look at every day. This could be a sticky note on the fridge, a notification on your phone, or anything in between! Seeing your resolutions on a daily basis puts them at the front of your mind and higher on your priorities.

Let People Know

When you make a resolution, be sure to let the people you care about know! Whether this is your spouse or some coworkers, letting people know can help to create a support system that encourages you to stay true to your goals. Also, you will be far less likely to abandon a resolution knowing that you might face the judging glances of a colleague or loved one!

Make Your Resolution a Part of Your Daily Routine

It can be hard to stick to a resolution when you haven’t made the time for it! If possible, try to schedule your resolution into your week to ensure that it becomes a firmly ingrained part of your day-to-day life. Once your resolution becomes a part of your daily lifestyle, sticking to it will be a breeze!

Hope everyone has an amazing 2019!

Greater Vancouver Market Watch - Detached


Stats are calculated comparing December 2018 to December 2017 .

To see more information on local stats in Greater Vancouver, please click here.

Local Events

Walk Richmond – Minoru Park
Richmond, BC
February 2, 2019
Cannery Farmer’s Market
Richmond, BC
February 3, 2019
Chinese New Year Celebrations
Richmond, BC
January 26, 2019 - February 10, 2019

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New Listing!

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This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.

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