I have listed a new property at 202 642 7TH AVE E in Vancouver.
You'll love the SPECTACULAR mountain VIEWS from this large, 1 bdrm condo located in the heart of Mt. Pleasant. This PET FRIENDLY home is situated on the NE CORNER of a quaint, 15 unit bldg. The OPEN CONCEPT floor plan boasts room sizes that can easily accommodate house sized furniture and the mbdrm can fit your king size bed & features a huge walk in closet. Recent updates to this home include new paint and laminate flooring. The kitchen and bath are original and are waiting for your personal touch. Laundry is located right outside your door and is free! 1 parking and storage locker are included. Favorable Depreciation Report! Walkscore 92/100. 12 min walk to the Millenial Skytrain Line @ VCC. Lovely tree lined street.
Read full post

Please visit our Open House at 202 642 7TH AVE E in Vancouver.
Open House on Saturday, November 3, 2018 2:00PM - 4:00PM
You'll love the SPECTACULAR mountain VIEWS from this large, 1 bdrm condo located in the heart of Mt. Pleasant. This PET FRIENDLY home is situated on the NE CORNER of a quaint, 15 unit bldg. The OPEN CONCEPT floor plan boasts room sizes that can easily accommodate house sized furniture and the mbdrm can fit your king size bed & features a huge walk in closet. Recent updates to this home include new paint and laminate flooring. The kitchen and bath are original and are waiting for your personal touch. Laundry is located right outside your door and is free! 1 parking and storage locker are included. Favorable Depreciation Report! Walkscore 92/100. 12 min walk to the Millenial Skytrain Line @ VCC. Lovely tree lined street.
Read full post

Please visit our Open House at 202 642 7TH AVE E in Vancouver.
Open House on Sunday, November 4, 2018 2:00PM - 4:00PM
You'll love the SPECTACULAR mountain VIEWS from this large, 1 bdrm condo located in the heart of Mt. Pleasant. This PET FRIENDLY home is situated on the NE CORNER of a quaint, 15 unit bldg. The OPEN CONCEPT floor plan boasts room sizes that can easily accommodate house sized furniture and the mbdrm can fit your king size bed & features a huge walk in closet. Recent updates to this home include new paint and laminate flooring. The kitchen and bath are original and are waiting for your personal touch. Laundry is located right outside your door and is free! 1 parking and storage locker are included. Favorable Depreciation Report! Walkscore 92/100. 12 min walk to the Millenial Skytrain Line @ VCC. Lovely tree lined street.
Read full post

Please visit our Open House at 1135 RENFREW ST in Vancouver.
Open House on Sunday, October 21, 2018 2:00PM - 4:00PM
SPECTACULAR, NEW, MODERN/CONTEMPORARY home in popular Renfrew Area. Built by an experienced builder & comes with 2-5-10 N.H.W. This OPEN CONCEPT floor plan home boasts wide plank H/W floors, 2 f/p with custom wall features, custom french doors, glass panels on stairs & Gourmet-like kitchen including a wok kitchen & high end appliances. There are quartzstone countertops in the kitchens and baths & imported Italian tiles throughout. Other features inc designer led light fixtures, HRV, & A/C. There are 4 bedrooms up + laundry. The master features a spa-like ensuite with a free standing modern tub. There is also a 2 bdrm legal suite, a potential 1 bdrm  suite & a 2 bdrm & den laneway. You'll be impressed!
Read full post


The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 in September 2018, a 43.5 per cent decrease from the 2,821 sales recorded in September 2017, and a 17.3 per cent decrease compared to August 2018 when 1,929 homes sold.

Last month’s sales were 36.1 per cent below the 10-year September sales average.

“Fewer home sales are allowing listings to accumulate and prices to ease across the Metro Vancouver housing market,” Ashley Smith, REBGV president-elect said. “There’s more selection for home buyers to choose from today. Since spring, home listing totals have risen to levels we haven’t seen in our market in four years.”

There were 5,279 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2018. This represents a 1.8 per cent decrease compared to the 5,375 homes listed in September 2017 and a 36 per cent increase compared to August 2018 when 3,881 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 13,084, a 38.2 per cent increase compared to September 2017 (9,466) and a 10.7 per cent increase compared to August 2018 (11,824).

For all property types, the sales-to-active listings ratio for September 2018 is 12.2 per cent. By property type, the ratio is 7.8 per cent for detached homes, 14 per cent for townhomes, and 17.6 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.

“Metro Vancouver’s housing market has changed pace compared to the last few years. Our townhome and apartment markets are sitting in balanced market territory and our detached home market remains in a clear buyers’ market,” Smith said. “It's important for both home buyers and sellers to work with their Realtor to understand what these trends means to them.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,070,600. This represents a 2.2 per cent increase over September 2017 and a 3.1 per cent decrease over the last three months.

Sales of detached properties in September 2018 reached 508, a 40.4 per cent decrease from the 852 detached sales recorded in September 2017. The benchmark price for detached properties is $1,540,900. This represents a 4.5 per cent decrease from September 2017 and a 3.4 per cent decrease over the last three months.

Sales of apartment properties reached 812 in September 2018, a 44 per cent decrease compared to the 1,451 sales in September 2017. The benchmark price of an apartment property is $687,300. This represents a 7.4 per cent increase from September 2017 and a 3.1 per cent decrease over the last three months.

Attached property sales in September 2018 totalled 275, a 46.9 per cent decrease compared to the 518 sales in September 2017. The benchmark price of an attached unit is $837,600. This represents a 6.4 per cent increase from September 2017 and a two per cent decrease over the last three months.



GET THE FULL REPORT

Read full post


The September Market stats are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West.

  • Activity Snapshot by Property Type
  • Detached Properties Report and Graph
  • Condo Report and Graph
  • Townhomes Report and Graph
  • Benchmark Price Graph
  • Average Price Per Square Foot

If you are interested in a report like this is for other areas, please contact me to request it and I'll send it to you.


DOWNLOAD VANCOUVER EAST

DOWNLOAD VANCOUVER WEST

Read full post
Categories:   Annieville, N. Delta Real Estate | Big Bend, Burnaby South Real Estate | Boulevard, North Vancouver Real Estate | Boyd Park, Richmond Real Estate | Brentwood Park, Burnaby North Real Estate | Bridgeport RI, Richmond Real Estate | Brighouse South, Richmond Real Estate | Brighouse, Richmond Real Estate | Burnaby Hospital, Burnaby South Real Estate | Cambie, Vancouver West Real Estate | Caulfeild, West Vancouver Real Estate | Champlain Heights, Vancouver East Real Estate | Clayton, Cloverdale Real Estate | Collingwood VE, Vancouver East Real Estate | Coquitlam West, Coquitlam Real Estate | Deep Cove, North Vancouver Real Estate | Downtown VW, Vancouver West | Downtown VW, Vancouver West Real Estate | East Cambie, Richmond Real Estate | East Richmond, Richmond Real Estate | English Bluff, Tsawwassen Real Estate | Fairview VW, Vancouver West | Fairview VW, Vancouver West Real Estate | False Creek North Real Estate | False Creek North, Vancouver West Real Estate | False Creek, Vancouver West Real Estate | Fraser VE, Vancouver East Real Estate | Fraserview VE, Vancouver East Real Estate | Gilmore, Richmond Real Estate | Hastings, Vancouver East Real Estate | Hawthorne, Ladner Real Estate | Heritage Woods PM, Port Moody Real Estate | Indian River, North Vancouver Real Estate | Ironwood, Richmond Real Estate | Killarney VE, Vancouver East Real Estate | Kitsilano, Vancouver West | Kitsilano, Vancouver West Real Estate | Knight, Vancouver East Real Estate | Ladner Elementary, Ladner Real Estate | Langley City, Langley Real Estate | Lower Lonsdale, North Vancouver Real Estate | Main, Vancouver East Real Estate | Marpole, Vancouver West Real Estate | Morgan Creek, South Surrey White Rock Real Estate | Mount Pleasant VE, Vancouver East | Mount Pleasant VE, Vancouver East Real Estate | Mount Pleasant VW, Vancouver West Real Estate | New Westminster Real Estate | Point Grey, Vancouver West Real Estate | Queen Mary Park Surrey, Surrey Real Estate | Quilchena, Vancouver West Real Estate | Renfrew VE, Vancouver East Real Estate | Riverdale RI, Richmond Real Estate | Sardis West Vedder Rd, Sardis Real Estate | Seafair, Richmond Real Estate | Seymour, North Vancouver Real Estate | South Cambie, Vancouver West Real Estate | South Granville, Vancouver West Real Estate | South Marine, Vancouver East Real Estate | South Slope, Burnaby South Real Estate | Steveston North, Richmond Real Estate | Steveston South, Richmond Real Estate | Strathcona, Vancouver East Real Estate | Sullivan Station, Surrey Real Estate | Sunshine Hills Woods, N. Delta Real Estate | Surrey Real Estate | Tsawwassen Central, Tsawwassen Real Estate | Tsawwassen East, Tsawwassen Real Estate | University VW, Vancouver West Real Estate | Uptown NW, New Westminster Real Estate | Vancouver Market Report | Vancouver Real Estate | Victoria VE, Vancouver East Real Estate | West Cambie, Richmond Real Estate | West End VW Real Estate | West End VW, Vancouver West Real Estate | West Newton, Surrey | West Newton, Surrey Real Estate | Whalley, North Surrey Real Estate | White Rock, South Surrey White Rock Real Estate | Woodwards, Richmond Real Estate | Yaletown, Vancouver West Real Estate
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.