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New property listed in Yaletown, Vancouver West
I have listed a new property at 2208 928 HOMER ST in Vancouver.
Lovely, well maintained, 1 bdrm + den in Yaletown Park. This SE facing, upper unit has no other bldg directly in front & features an open concept floor plan with an open VIEW of BC Place, City and partial False Creek WATER Views. The mbdrm can easily accommodate a queen size bed with room to spare for a dresser or armoire. The kitchen & bath boast engineered stone countertops, modern cabinetry& tile. The bldg is pet friendly and rentals are allowed. This home comes with 1 secured parking & 1 storage locker. Enjoy all that Yaletown has to offer with great dining & boutique shops without having to use a car. Transit and Walkscores of 100 (7 min walk to Roundhouse Station). This is a great opportunity for 1st time buyers, investors or for those who desire a pied-e-terre in Vancouver. Good building with $1,645,001 in the Contingency Reserve Fund.
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Open House. Open House on Saturday, May 25, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Saturday, May 25, 2019 2:00PM - 4:00PM
Great Value, side/side, renovated, 1/2 Duplex in Prime Cambie/Marpole location. This lovely family home boasts over 1873 sq.ft. of living space w/ 3 bdrms, 2.5 baths + flex space. Split level floor plan w/sunken living room featuring wood f/p & 10.5' ceilings. Other features inc h/w flrs on the main & a formal dining room that can accommodate a table for 8. The real showpiece of this home is the updated kitchen featuring solid wood cabinetry, granite counters, s/s appliances, center island & plenty of built-ins. The huge mbdrm features a WICLO w/custom built-ins, & a lovely ensuite. Updates include roof, exterior trim paint, gutters, furnace, water tank, kitchen, and so much more. 8 min walk to Marine Gateway Canada Line. Schools: K-7 Sir Wilfred Laurier, 8-12 = Winston Churchill (IB).
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Open House. Open House on Sunday, May 26, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Sunday, May 26, 2019 2:00PM - 4:00PM
Great Value, side/side, renovated, 1/2 Duplex in Prime Cambie/Marpole location. This lovely family home boasts over 1873 sq.ft. of living space w/ 3 bdrms, 2.5 baths + flex space. Split level floor plan w/sunken living room featuring wood f/p & 10.5' ceilings. Other features inc h/w flrs on the main & a formal dining room that can accommodate a table for 8. The real showpiece of this home is the updated kitchen featuring solid wood cabinetry, granite counters, s/s appliances, center island & plenty of built-ins. The huge mbdrm features a WICLO w/custom built-ins, & a lovely ensuite. Updates include roof, exterior trim paint, gutters, furnace, water tank, kitchen, and so much more. 8 min walk to Marine Gateway Canada Line. Schools: K-7 Sir Wilfred Laurier, 8-12 = Winston Churchill (IB).
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Reduced demand and increased supply remain the trend across Metro Vancouver’s housing market

Decreased demand continues to allow the supply of homes for sale to accumulate across the Metro Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,829 in April 2019, a 29.1 per cent decrease from the 2,579 sales recorded in April 2018, and a 5.9 per cent increase from the 1,727 homes sold in March 2019.

Last month’s sales were 43.1 per cent below the 10-year April sales average.

Government policy continues to hinder home sale activity. The federal government’s mortgage stress test has reduced buyers’ purchasing power by about 20 per cent, which is causing people at the entry-level side of the market to struggle to secure financing. Suppressing housing activity through government policy not only reduces home sales, it harms the job market, economic growth and creates pent-up demand.

There were 5,742 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in April 2019. This represents a 1.3 per cent decrease compared to the 5,820 homes listed in April 2018 and a 16 per cent increase compared to March 2019 when 4,949 homes were listed.

The total number of homes currently listed for sale on the MLS® in Metro Vancouver is 14,357, a 46.2 per cent increase compared to April 2018 (9,822) and a 12.4 per cent increase compared to March 2019 (12,774).

There are more homes for sale in our market today than we’ve seen since October 2014. This trend is more about reduced demand than increased supply. The number of new listings coming on the market each month are consistent with our long-term averages. It’s the reduced sales activity that’s allowing listings to accumulate.

The overall sales-to-active listings ratio for April 2019 is 12.7 per cent. By property type, the ratio is 9.4 per cent for detached homes, 15.4 per cent for townhomes, and 15.3 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,008,400. This represents an 8.5 per cent decrease over April 2018, and a 0.3 per cent decrease compared to March 2019.

Detached home sales totalled 586 in April 2019, a 27.4 per cent decrease from the 807 detached sales in April 2018. The benchmark price for a detached home is $1,425,200. This represents an 11.1 per cent decrease from April 2018, a 0.8 per cent decrease compared to March 2019.

Apartment home sales totalled 885 in April 2019, a 32.3 per cent decrease compared to the 1,308 sales in April 2018. The benchmark price of an apartment is $656,900 in the region. This represents a 6.9 per cent decrease from April 2018 and is unchanged from March 2019.

Attached home sales totalled 358 in April 2019, a 22.8 per cent decrease compared to the 464 sales in April 2018. The benchmark price of an attached home is $783,300. This represents a 7.5 per cent decrease from April 2018 and is unchanged from March 2019.

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I have sold a property at 901 5989 WALTER GAGE RD in Vancouver
I have sold a property at 901 5989 WALTER GAGE RD in Vancouver.
Breathtaking ocean & mountain VIEWS from every room of this exquisite, luxury, concrete condo in the prestigious Corus. This well appointed 2 bdrm + 2 bath fully renovated home features an open concept flr plan w/over 9' ceilings. Every room is flooded w/natural light from the floor to ceiling windows. Elegant mbdrm w/ custom closet & spa-like ensuite boasting carrera marble tiles, new glass shower, quartzstone countertop & Grohe fixtures throughout. Wide plank h/w flooring in all
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Open House. Open House on Sunday, May 19, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Sunday, May 19, 2019 2:00PM - 4:00PM
Great Value, side/side, renovated, 1/2 Duplex in Prime Cambie/Marpole location. This lovely family home boasts over 1873 sq.ft. of living space w/ 3 bdrms, 2.5 baths + flex space. Split level floor plan w/sunken living room featuring wood f/p & 10.5' ceilings. Other features inc h/w flrs on the main & a formal dining room that can accommodate a table for 8. The real showpiece of this home is the updated kitchen featuring solid wood cabinetry, granite counters, s/s appliances, center island & plenty of built-ins. The huge mbdrm features a WICLO w/custom built-ins, & a lovely ensuite. Updates include roof, exterior trim paint, gutters, furnace, water tank, kitchen, and so much more. 8 min walk to Marine Gateway Canada Line. Schools: K-7 Sir Wilfred Laurier, 8-12 = Winston Churchill (IB).
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New property listed in Marpole, Vancouver West
I have listed a new property at 763 68TH AVE W in Vancouver.
Beautiful, side/side, renovated, 1/2 Duplex in Prime Cambie/Marpole location. This lovely family home boasts over 1873 sq.ft. of living space w/ 3 bdrms, 2.5 baths + flex space. Split level floor plan w/sunken living room featuring wood f/p & 10.5' ceilings. Other features inc h/w flrs on the main & a formal dining room that can accommodate a table for 8. The real showpiece of this home is the updated kitchen featuring solid wood cabinetry, granite counters, s/s appliances, center island & plenty of built-ins. The huge mbdrm features a WICLO w/custom built-ins, & a lovely ensuite. Updates include roof, exterior trim paint, gutters, furnace, water tank, kitchen, and so much more. 8 min walk to Marine Gateway Canada Line. Schools: K-7 Sir Wilfred Laurier, 8-12 = Winston Churchill (IB).
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Open House. Open House on Saturday, May 11, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Saturday, May 11, 2019 2:00PM - 4:00PM
Beautiful, side/side, renovated, 1/2 Duplex in Prime Cambie/Marpole location. This lovely family home boasts over 1873 sq.ft. of living space w/ 3 bdrms, 2.5 baths + flex space. Split level floor plan w/sunken living room featuring wood f/p & 10.5' ceilings. Other features inc h/w flrs on the main & a formal dining room that can accommodate a table for 8. The real showpiece of this home is the updated kitchen featuring solid wood cabinetry, granite counters, s/s appliances, center island & plenty of built-ins. The huge mbdrm features a WICLO w/custom built-ins, & a lovely ensuite. Updates include roof, exterior trim paint, gutters, furnace, water tank, kitchen, and so much more. 8 min walk to Marine Gateway Canada Line. Schools: K-7 Sir Wilfred Laurier, 8-12 = Winston Churchill (IB).
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Open House. Open House on Sunday, May 12, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Sunday, May 12, 2019 2:00PM - 4:00PM
Beautiful, side/side, renovated, 1/2 Duplex in Prime Cambie/Marpole location. This lovely family home boasts over 1873 sq.ft. of living space w/ 3 bdrms, 2.5 baths + flex space. Split level floor plan w/sunken living room featuring wood f/p & 10.5' ceilings. Other features inc h/w flrs on the main & a formal dining room that can accommodate a table for 8. The real showpiece of this home is the updated kitchen featuring solid wood cabinetry, granite counters, s/s appliances, center island & plenty of built-ins. The huge mbdrm features a WICLO w/custom built-ins, & a lovely ensuite. Updates include roof, exterior trim paint, gutters, furnace, water tank, kitchen, and so much more. 8 min walk to Marine Gateway Canada Line. Schools: K-7 Sir Wilfred Laurier, 8-12 = Winston Churchill (IB).
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Open House. Open House on Saturday, May 4, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Saturday, May 4, 2019 2:00PM - 4:00PM
Beautiful, side/side, renovated, 1/2 Duplex in Prime Cambie/Marpole location. This lovely family home boasts over 1873 sq.ft. of living space w/ 3 bdrms, 2.5 baths + flex space. Split level floor plan w/sunken living room featuring wood f/p & 10.5' ceilings. Other features inc h/w flrs on the main & a formal dining room that can accommodate a table for 8. The real showpiece of this home is the updated kitchen featuring solid wood cabinetry, granite counters, s/s appliances, center island & plenty of built-ins. The huge mbdrm features a WICLO w/custom built-ins, & a lovely ensuite. Updates include roof, exterior trim paint, gutters, furnace, water tank, kitchen, and so much more. 8 min walk to Marine Gateway Canada Line. Schools: K-7 Sir Wilfred Laurier, 8-12 = Winston Churchill (IB).
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Open House. Open House on Sunday, May 5, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Sunday, May 5, 2019 2:00PM - 4:00PM
Beautiful, side/side, renovated, 1/2 Duplex in Prime Cambie/Marpole location. This lovely family home boasts over 1873 sq.ft. of living space w/ 3 bdrms, 2.5 baths + flex space. Split level floor plan w/sunken living room featuring wood f/p & 10.5' ceilings. Other features inc h/w flrs on the main & a formal dining room that can accommodate a table for 8. The real showpiece of this home is the updated kitchen featuring solid wood cabinetry, granite counters, s/s appliances, center island & plenty of built-ins. The huge mbdrm features a WICLO w/custom built-ins, & a lovely ensuite. Updates include roof, exterior trim paint, gutters, furnace, water tank, kitchen, and so much more. 8 min walk to Marine Gateway Canada Line. Schools: K-7 Sir Wilfred Laurier, 8-12 = Winston Churchill (IB).
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