Post CommentComments: 0Read Full Story
Tuesday, July 27, 2010

New property listed in Vancouver

We are proud to have listed a new property at # 401 1549 KITCHENER ST in Vancouver.
Fabulous Commercial Drive location in the popular "Dharma Digs". Completely renovated & stunning 2-level loft. Gorgeous bathroom & stylish kitchen with stainless steel appliances & counter tops, chocolate brown cabinets & eating bar area. Soaring ceilings, north facing balcony with City & M ountain views. Custom lighting throughout, Frosted glass doors, high quality laminate floors. Open concept kitchen/dining/liveing plus 2 large bdrms on the main. Loft level has huge master bdrm & den/office area. Great building with lots of updates including newer carpet, paint, roof, seismic upgrades, plumbing & fire sprinkler upgrades. 2 parking stalls. OPEN HOUSE - Sun July 25th from 2 - 4pm.
Read Full Story
Saturday, July 24, 2010

New property listed in Surrey

We are proud to have listed a new property at 9899 157TH ST in Surrey.
Home! This 2249 SF 3 level split features 3 large bed, 3 bath & den (or 4th bed). An open plan kitchen/eating area/family room is ideal for a family. Sliders open onto your private back yard surrounded by green space! Perfect for entertaining is the sunken living room with vaulted cedar ceiling & wood burning FP. Bonuses are the solid wide plank maple floors, Indian Slate in the Kitchen, new gas fireplace, updated carpets, appliances, roof, hot water tank, bathrooms & painted inside & out. This rare find is 'move-in & start living' ready! Fabulous neighbours & great community feel; the elem sch is a 90 sec walk thru the park; the high sch a 5 min walk. Only minutes from T&T, rec centres/libraries, Guildford mall and Hwy 1.
Read Full Story
Saturday, July 24, 2010

Open House. OPEN HOUSE: Sun, Jul 25, 2 - 4 PM

Please visit our Open House at 9899 157TH ST in Surrey.
OPEN HOUSE: Sun, Jul 25, 2 - 4 PM
Home! This 2249 SF 3 level split features 3 large bed, 3 bath & den (or 4th bed). An open plan kitchen/eating area/family room is ideal for a family. Sliders open onto your private back yard surrounded by green space! Perfect for entertaining is the sunken living room with vaulted cedar ceiling & wood burning FP. Bonuses are the solid wide plank maple floors, Indian Slate in the Kitchen, new gas fireplace, updated carpets, appliances, roof, hot water tank, bathrooms & painted inside & out. This rare find is 'move-in & start living' ready! Fabulous neighbours & great community feel; the elem sch is a 90 sec walk thru the park; the high sch a 5 min walk. Only minutes from T&T, rec centres/libraries, Guildford mall and Hwy 1.
Read Full Story
Sunday, July 11, 2010

Open House. OPEN HOUSE: Say 1 - 2:30PM

Property Photo: 2202 788 HAMILTON ST in Vancouver
Please visit our Open House at 2202 788 HAMILTON ST in Vancouver.
OPEN HOUSE: Say 1 - 2:30PM
Spacious 1 bedroom & den with balcony! Fabulous SW view of False Creek, Sip lattes in the most stylish cafes & dine in the city's best restaurants in the middle of Vancouver's lively Downtown core at the edge of Yaletown. Solid concrete, expansive glass, cutting-edge architecture, the definition of sleek metropolitan design. Concierge service, secured underground parking & state-of-the-art video controlled entry system; relax knowing your home is safe & secure. Modern finishes, white cabinetry, brushed stainless appliances, laminate countertops contemporary kitchens with stainless backsplashes & ceramic glass cook-tops, soaker tubs & chic lighting fixtures. Investors this will rent for over $1,500/per month.
Read Full Story
Friday, July 9, 2010

Metro Vancouver Real Estate Statistics June 2010

Activity steady to start the summer season
 
The Greater Vancouver housing market experienced steady activity to begin the summer season.
 
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,972 in June 2010, a decline of 30.2 per cent compared to the 4,259 sales in June 2009, which was the second highest selling June on record.
 
“Activity in June marked a healthy balance between the near record setting pace of June 2009 and the considerably slower activity witnessed in June 2008, a period of recession as we all know,” Jake Moldowan, REBGV president said.
 
Compared to June 2008, last month’s sales represent a 22.6 per cent increase over the 2,425 sales recorded that month, but are 30 per cent less than the 4,244 sales in June 2007. June 2010 sales also represent a 5.8 per cent decline compared to the previous month’s sales totals.
 
“We didn’t experience any record-breaking activity in June, but we did see a stable summer market,” Moldowan said. “The number of new listings coming on the market is not as dramatic as we saw over the previous three months and demand remains at a healthy level for this traditionally quieter time of year.”
 
New listings for detached, attached and apartment properties totalled 5,544 in June 2010, a 3.2 per cent increase compared to June 2009 when 5,372 new units were listed, and a 21 per cent decline compared to May 2010 when 7,014 properties were added to the MLS®.
 
At 17,564, the total number of property listings on the MLS® increased 1.2 per cent in June compared to last month, and is up 32 per cent compared to this time last year.
 
“There has been less upward pressure on prices in our market the last few months, which has allowed prices to ease back from the record high numbers seen in April,” Moldowan said.
 
Over the last 12 months, the overall MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 11.8 per cent to $580,237 from $518,855 in June 2009.
 
Sales of detached properties in June 2010 reached 1,139, a decrease of 31.7 per cent from the 1,667 detached sales recorded in June 2009 and a 24.1 per cent increase from the 918 units sold in June 2008. The benchmark price for detached properties increased 13.4 per cent from June 2009 to $795,025.
 

Sales of apartment properties reached 1,258 in June 2010, a decline of 29.7 per cent compared to the 1,790 sales in June 2009 and an increase of 19 per cent compared to the 1,057 sales in June 2008.The benchmark price of an apartment property increased 9.7 per cent from June 2009 to $391,528.

Attached property sales in June 2010 totalled 575, a decline of 28.3 per cent compared to the 802 sales in June 2009 and a 27.8 per cent increase from the 450 attached properties sold in June 2008. The benchmark price of an attached unit increased 11.6 per cent between June 2009 and 2010 to $492,861.

 

 

 

Post CommentComments: 0Read Full Story
Friday, July 9, 2010

Fraser Valley Real Estate Statistics June 2010

Sales processed on the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) increased by 23 per cent in one month going from 1,477 sales in May to 1,815 in June. June’s numbers represent an 8 per cent decrease compared to the 1,982 sales during the same month last year.

Deanna Horn, president of the Board, says, “Historically, it’s not unusual for June sales to outperform May in the Fraser Valley. This has happened in nine of the last twenty years.

“However, a 23 per cent increase in one month is significant. We were busier than expected and it could be due to the combined effect of mortgage rates edging down, the Harmonized Sales Tax coming into effect July 1, as well as the tremendous selection of homes available in the Fraser Valley.

“Although we’re seeing a decrease in the number of new properties coming on stream, June buyers have only had this volume of homes to choose from two other times in our history, in 1995 and 2008.”

The total active inventory on Fraser Valley’s MLS® at month’s end was 11,110, 19 per cent more than was available in June 2009. The Board’s MLS® received 9 per cent fewer new listings in June compared to May, good news according to Horn.

“Listings typically do decrease in the summer, which will continue to stabilize the market.

“Over the last few months, we’ve seen residential benchmark prices leveling. Year-over-year, price increases may still appear dramatic depending on the property type and location because at this time last year, we hadn’t yet begun our recovery phase.

“In a stabilizing market, consumers know to rely on the expertise of a REALTOR® because prices are highly local and competitive.”

In June, the benchmark price for Fraser Valley detached homes was $518,355, a 9.9 per cent increase compared to $471,788 in June 2009.   

The benchmark price of Fraser Valley townhouses in June was $328,080, a 9 per cent increase compared to $301,103 in June 2009.  The benchmark price of apartments increased by 6.6 per cent year-over-year going from $231,014 in June 2009 to $246,351 in June 2010.

 

 

Click here to download complete stats package.

 

 

For Information, contact us at: 778-869-7653

Blogs
Posts By Date
Categories