RSS

Open House. Open House on Saturday, June 29, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Saturday, June 29, 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). Open Sat June 29, 2-4pm.
Read

New property listed in Marpole, Vancouver West
I have listed a new property at 763 68TH AVE W in Vancouver.
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).
Read

Open House. Open House on Saturday, June 22, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Saturday, June 22, 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).
Read

Open House. Open House on Sunday, June 23, 2019 2:00PM - 4:00PM
Please visit our Open House at 763 68TH AVE W in Vancouver.
Open House on Sunday, June 23, 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).
Read

I have sold a property at 2208 928 HOMER ST in Vancouver
I have sold a 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.
Read

New property listed in Burnaby Hospital, Burnaby South
I have listed a new property at 4098 KINCAID ST in Burnaby.
Prime building lot in central Burnaby location. This home is situated on a flat, level, 50x122' CORNER LOT on a quiet CUL DE SAC with lane access next to green space. This home is located on the quiet part of Kincaid; not the main street. Perfect opportunity to build your dream home in this fabulous, convenient location. House is liveable and has had some updates over the years including a high efficiency furnace, alum roof, granite in kitchen and appliances. Nearby parks include Discovery Place Conservation Area, Avondale Park and Westburn Park. Great transit options nearby and Burnaby Hospital is just minutes away. Just a 5 minute drive to Metrotown. Nearby schools include K-7 Cascade Heights Elementary; 8-12 Moscrop Secondary. Good transit score = 58 and Walkscore of 53.
Read

May 2019 Market Stats

May sees modest increase in home sales while housing supply reaches five-year high

Monthly *Metro Vancouver1 home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and a 44.2 per cent increase from the 1,829 homes sold in April 2019.


Last month’s sales were 22.9 per cent below the 10-year May sales average and was the lowest total for the month since 2000.


High home prices and mortgage qualification issues caused by the federal government’s B20 stress test remain significant factors behind the reduced demand that the market is experiencing today.  


There were 5,861 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver last month. This represents an 8.1 per cent decrease compared to the 6,375 homes listed in May 2018 and a 2.1 per cent increase compared to April 2019 when 5,742 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 14,685, a 30 per cent increase compared to May 2018 (11,292) and a 2.3 per cent increase compared to April 2019 (14,357). This is the highest number of homes listed for sale since September 2014 (14,832).


Whether you’re a buyer looking to make an offer or a seller looking to list your home, getting your pricing right is the key in today’s market. 


For all property types, the sales-to-active listings ratio for May 2019 is 18 per cent. By property type, the ratio is 14.2 per cent for detached homes, 20 per cent for townhomes, and 21.2 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 Index2 composite benchmark price for all residential homes in Metro Vancouver is currently $1,006,400. This represents an 8.9 per cent decrease over May 2018, a 3.4 per cent decrease over the past six months, and a 0.4 per cent decrease compared to April 2019.


Sales of detached homes in May 2019 reached 913, a 1.4 per cent decrease from the 926 detached sales recorded in May 2018. The benchmark price for a detached home in the region is $1,421,900. This represents an 11.5 per cent decrease from May 2018, a 5.4 per cent decrease over the past six months, and a 0.5 per cent decrease compared to April 2019.


Sales of apartment homes reached 1,246 in May 2019, a 12.9 per cent decrease compared to the 1,431 sales in May 2018. The benchmark price of an apartment property is $664,200. This represents a 7.3 per cent decrease from May 2018, a two per cent decrease over the past six months, and a 0.5 per cent decrease compared to April 2019.

Attached home sales in May 2019 totalled 479, a 0.6 per cent increase compared to the 476 sales in May 2018. The benchmark price of an attached unit is $779,400. This represents a 7.6 per cent decrease from May 2018, a 3.5 per cent decrease over the past six months, and a 0.6 per cent increase compared to April 2019.

Read

Market Highlights May 2019


May sees modest increase in home sales while housing supply reaches five-year high

May sees modest increase in home sales while housing supply reaches five-year high.

Monthly *Metro Vancouver1 home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and a 44.2 per cent increase from the 1,829 homes sold in April 2019.


Last month’s sales were 22.9 per cent below the 10-year May sales average and was the lowest total for the month since 2000.


High home prices and mortgage qualification issues caused by the federal government’s B20 stress test remain significant factors behind the reduced demand that the market is experiencing today.


There were 5,861 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver last month. This represents an 8.1 per cent decrease compared to the 6,375 homes listed in May 2018 and a 2.1 per cent increase compared to April 2019 when 5,742 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 14,685, a 30 per cent increase compared to May 2018 (11,292) and a 2.3 per cent increase compared to April 2019 (14,357). This is the highest number of homes listed for sale since September 2014 (14,832).


Whether you’re a buyer looking to make an offer or a seller looking to list your home, getting your pricing right is the key in today’s market. 


For all property types, the sales-to-active listings ratio for May 2019 is 18 per cent. By property type, the ratio is 14.2 per cent for detached homes, 20 per cent for townhomes, and 21.2 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 Index2 composite benchmark price for all residential homes in Metro Vancouver is currently $1,006,400. This represents an 8.9 per cent decrease over May 2018, a 3.4 per cent decrease over the past six months, and a 0.4 per cent decrease compared to April 2019.


Sales of detached homes in May 2019 reached 913, a 1.4 per cent decrease from the 926 detached sales recorded in May 2018. The benchmark price for a detached home in the region is $1,421,900. This represents an 11.5 per cent decrease from May 2018, a 5.4 per cent decrease over the past six months, and a 0.5 per cent decrease compared to April 2019.


Sales of apartment homes reached 1,246 in May 2019, a 12.9 per cent decrease compared to the 1,431 sales in May 2018. The benchmark price of an apartment property is $664,200. This represents a 7.3 per cent decrease from May 2018, a two per cent decrease over the past six months, and a 0.5 per cent decrease compared to April 2019.

Attached home sales in May 2019 totalled 479, a 0.6 per cent increase compared to the 476 sales in May 2018. The benchmark price of an attached unit is $779,400. This represents a 7.6 per cent decrease from May 2018, a 3.5 per cent decrease over the past six months, and a 0.6 per cent increase compared to April 2019.

Read
Categories:   Annieville, N. Delta Real Estate | Beach Grove, Tsawwassen Real Estate | Big Bend, Burnaby South Real Estate | Boulevard, North Vancouver Real Estate | Bowen Island, Bowen Island 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 | Chilliwack E Young-Yale, Chilliwack Real Estate | Clayton, Cloverdale Real Estate | Cloverdale BC, 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 | Grandview Woodland, Vancouver East Real Estate | Guildford, North Surrey 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 | McLennan North, Richmond 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 | Queensborough, New Westminster 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 | South Vancouver, Vancouver East 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
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.