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December 4, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for New Westminster, British Columbia

Reported by Charlie Kiers, REALTOR

Updated November 3, 2009.

Current Market Rating: 1



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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

For more information you can reach Charlie Kiers toll free at 1-866-439-2266 or 604-897-3559 or via www.charliekiers.com

New Westminster has a current benchmark price for detached homes of $577,434. This is down 6.4% from a year ago. Apartments are down 4.9% to $291,566.


Approximate Location Boundaries: Burnaby,Coquitlam, Vancouver

Location Characteristics: New Westminster has a wonderful history and heritage. In 1859, it was selected as the first capital of the new colony of British Columbia and officially named the "City of New Westminster' by Queen Victoria, after her favourite part of London. From this naming by the Queen, the City gained its nickname, "The Royal City", and became the first city in Western Canada.
The City of New Westminster is situated in the center of the Greater Vancouver Regional District, otherwise referred to as the Lower Mainland. The City, roughly 15 square kilometers in area, is attractively located on a hillside overlooking the Fraser River, 20 km east of Vancouver. The City Center slopes down from Royal Avenue to the Waterfront, offering excellent views up-river to the Golden Ears Mountains, southeast to Mount Baker and down river towards Richmond and Delta and the Straight of Georgia. The Downtown section of New Westminster with its sloping streets, waterfront views and heritage buildings reminds one of San Francisco

For More Information:

View Market Conditions of other areas served by Charlie Kiers

Navigate: Top > British Columbia > New Westminster

About Charlie Kiers:
I am a Certified Relocation Specialist as well a great resource for Investors. I can be reached at 1-866-439-2266 or directly at 604-897-3559. I am an experienced Realtor who has helped many people find homes for various purposes throughout the Greater Vancouver area.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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