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New property listed in Burnaby Hospital, Burnaby South
I have listed a new property at 4098 KINCAID ST in Burnaby.
Build your dream home in this fabulous, convenient location. Prime BUILDING LOT in central Burnaby Hospital 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. House is liveable and has had some updates over the years including a high efficiency furnace, metal 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.
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New property listed in Strathcona, Vancouver East
I have listed a new property at 1007 289 ALEXANDER ST in Vancouver.
Fabulous TOP FLOOR, NorthEast facing work/live loft @ the Edge. This concrete and brick home features soaring 16-18' ceilings and boasts expansive VIEWS of the North Shore mountains, Burrard Inlet WATER views, Port of Vancouver and city. Other features include a covered balcony, a gas fireplace, 2 bathrooms with a powder room on the main and a 4 piece ensuite above with insuite laundry. The building features a 7000 sq.ft. amenity area that includes a woodworking shop, a metal shop, band/music room, a gym, pottery studio and so much more. This is your chance to re- create this modern space that suits your personality and your desires. Pets and rentals are welcome. By appointment only. The Edge, a highly sought after building in a vibrant eclectic neighbourhood; You'll love it!
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Rob's Real Estate Board July 2020 Stats for Vancouver.


The July 2020 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 PropertyType
  • 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 STATS

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New property listed in Sullivan Station, Surrey
I have listed a new property at 14116 59A AVE in Surrey.
RARE opportunity to own a spectacular, fully renovated, family home on almost a 0.5 acre in Sullivan Heights. This home is situated on a CORNER LOT & has development potential to subdivide. Features of this home include a 988 sq.ft. attached garage/workshop with 200 amp service & is perfect for a home based business. The home, features 3 spacious bedrooms up & 2.5 baths. Below is a 1 bedroom self contained suite w/ separate access. Updates include crown mouldings throughout, h/w flooring, updated kitchen with mosaic backsplash and quartz stone countertops, solid maple cabinets & stainless appliances. French doors in the dining area open up to a massive 1378 sq.ft. SW facing sundeck. Other features include hot water on demand, central air conditioning and so much more. 1 of a kind!
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Metro Vancouver housing market sees steady summer activity

Home buyer and seller activity in Metro Vancouver exceeded historical levels in July.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from the 2,443 homes sold in June 2020.


Last month’s sales were 9.4 per cent above the 10-year July sales average.


“We're seeing the results today of pent up activity, from both home buyers and sellers, that had been accumulating in our market throughout the year,” Colette Gerber, REBGV Chair said. “Low interest rates and limited overall supply are also increasing competition across our market.”


There were 5,948 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in July 2020. This represents a 28.9 per cent increase compared to the 4,613 homes listed in July 2019 and a 2.8 per cent increase compared to June 2020 when 5,787 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 12,083, a 15.1 per cent decrease compared to July 2019 (14,240) and a 5.8 per cent increase compared to June 2020 (11,424).

“Safety remains the top priority for our REALTOR® community,” Gerber said. “We continue to limit in-person interactions with clients and employ different technology solutions to ensure home buyers and sellers can get as much information as possible in a virtual setting.”


For all property types, the sales-to-active listings ratio for July 2020 is 25.9 per cent. By property type, the ratio is 25.1 per cent for detached homes, 31.1 per cent for townhomes, and 24.7 per cent for apartments.


Generally, analysts say that 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 $1,031,400. This represents a 4.5 per cent increase over July 2019 and a 0.6 per cent increase compared to June 2020.


Sales of detached homes in July 2020 reached 1,121, a 33.3 per cent increase from the 841 detached sales recorded in July 2019. The benchmark price for a detached home is $1,477,800. This represents a five per cent increase from July 2019 and a 0.9 per cent increase compared to June 2020.


Sales of apartment homes reached 1,400 in July 2020, a 12.6 per cent increase compared to the 1,243 sales in July 2019. The benchmark price of an apartment property is $682,500. This represents a 4.2 per cent increase from July 2019 and a 0.3 per cent increase compared to June 2020.


Attached home sales in July 2020 totalled 607, a 28.3 per cent increase compared to the 473 sales in July 2019. The benchmark price of an attached home is $797,700. This represents a 3.7 per cent increase from July 2019 and a 0.9 per cent increase compared to June 2020.



GET THE FULL REPORT

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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.