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Everyone, media, home owners, Realtors etc. are fascinated with the average price of housing. With 80% of sales within a $200,000 price change it only takes a couple of million dollar properties to skew the average into an unrealistic number.
I like using the Housing Price Index (HPI) as an indication of the market for tow reasons: first, its gives a truer indication of real estate price levels of both the long and short period; second, when doing a market evaluation of a "typical" home I can look at the change in the index between the date a client purchased their house and the date of the evaluation and extrapolate a current price.
The HPI of the three housing categories follow.
The Housing Price Index (HPI), for all detached homes and apartment condos have recovered to within 3 per cent lower than in spring 2008. HPI for all three categories for January 2010 was $446,671 compared to $460,682 in May 2008.

HPI of Fraser Valley Detached Homes increased by 10.8 per cent going from $452,145 in January 2009 to $500,931 in January 2010.

HPI of Fraser Valley Townhouses increased by 7.6 percent going from $295,339 in January 2009 to $317,719 in January 2010.

HPI of Fraser Valley Apartments increased by 10.4 per cent going from $220,595 in January 2009 to $243,470 in January 2010.
The Housing Price Index (HPI) is a tool developed by the Greater Vancouver and Fraser Valley Real Estate Boards to measure residential market activity. It tracks and measures the movement of mid-range priced homes for a set time period and provides reliable information on housing price trends since it excludes extremely high and low priced properties.
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Find a Great Deal on a Home in Surrey, Cloverdale or Clayton Hill during the Olympics.
There are many people completely focused on the upcoming Olympics here in Vancouver and area.
There's talk about the cost of Gold Medal final hockey tickets, and the price we're paying for the truck-loads of snow being brought down from Manning Park to the Cypress Bowl ski area.
Something that's going a little bit un-noticed is the up-tick of new real estate listings in the last 6 weeks in the Fraser Valley, Surrey, Cloverdale, and Clayton Hill (to see video).
This fact, coupled with the fact that so many people will be putting their home search activities on hold for a few weeks could spell a real opportunity for those buyers who are serious about moving and are willing to put their goals of home-ownership ahead of their desire to watch ski-jumping or the Jamaica bob-sled teams "cool-running"!
Put yourself one step ahead and save money on your next home purchase.
You can always contact us at: info@claytonhillrealestate.com
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Preparing your home for sale is no easy task so if you are planning on of selling your home in the months to come then this Seminar will help you get started. Learn what Home Staging is, tips for preparing your house prior to listing to ensure top asking price. Pair Home Design will give you tips on everything from "Curb appeal" to "Broad buyer appeal"Home buyers today expect more and want "Move in Condition"
WEDNESDAY MARCH 17TH 2010 7 - 8.15 P.M.
PHONE LIBRARY TO REGISTER 604-869-2313
1011 6th Avenue Hope, BC phone: (604) 869-2313
Pair home design - view our work at www.pairhomedesign.com
AFTER DE-CLUTTERING & STAGING

BEFORE STAGING
Pair home design - www.pairhomedesign.com
Hope Public Library Wednesday March 17 2010
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Chilliwack Home buyers seminar
February 11, 2010
Sign up today on my web site www.chilliwackhouses.com
by phone 604-798-0833
by email clarksells@telus.net
Chilliwack Mortgage Specialist in attendance, a building inspector, a lawyer and Clark Hitchcock your friendly Chilliwack Realtor.
Deadline for signing up for the Chilliwack Home buyers seminar is February 9th 2010.
www.chilliwackhouses.com for all your real estate needs when buying or selling
call Clark Hitchcock
604-798-0833
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The weather here on the west coast of Canada is so nice. We see flowers popping out of the ground, trees starting to bud, but wait it should not be happening. The Winter yes WINTER Olympics are starting just days away.
Snow is being made and not only is it being made but it is being trucked in to some of the venues.

Truck heading down the road from picking up a load at Manning park 350 km away from Cypress mountain the destination site.

being moved around the mountain for stockpilling

Some more snow.
it is expected that more than 100 loads of snow will be trucked in for a back up plan.
These truckloads of snow passed by us Here in Chilliwack BC on the freeway to thier destination.
If you are thinking of buying or selling in Chilliwack BC give Clark Hitchcock a call today at the
RE/MAX NYDA office.
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