VANCOUVER REAL ESTATE OUTLOOK - 09/26/09 02:38 PM
Every Fall I attend Ozzie Jurock's "Real Estate Outlook" . On Saturday it was held at our new Convention Centre, which is truly a beautiful and very impressive building on the waterfront in Coal Harbour.
This is a quick summary of what I heard from Ozzie and Cameron McNeill  of MAC Marketing Solutions  The outlook for Vancouver real estate is cautiously optimistic, not full steam ahead yet, but bullish in the longer run. It's a good time to be buying the right deal now.
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vancouver real estate analysis for downtown, august 2009 - 09/26/09 02:35 PM
Vancouver's Downtown condo market has seen listings stabilize since April, sales stabilize since June and the average selling price unchanged since June. Monthly Sales remain the highest since Jan'08.  Condos that  "expired" and didn't sell increased from 33 to 42 (vs. 78 in Jan) and only 7 got re-listed.   Average days on the market for condos that sold dropped to 25 and are the lowest since Jan'08. The average sale price for Downtown condos is $439,000 and higher than a year ago. The average $ pr sq ft for condos that sold is up to $611 and is the highest for this year.  A whopping 80% of the sales were under $500,000 and only 2 over $1M. The supply is flat for the last 3 … (0 comments)

Canada Real Estate Roundup - 09/26/09 02:32 PM
The average Canadian real estate price in August saw the big cities of  Vancouver, Victoria, Calgary, Edmonton lower than a year ago. But Saskatoon, Winnipeg, Toronto, Ottawa, Montreal prices are higher than a year ago, as are all the Maritime Provinces & Newfoundland. The following is a release by CREA, you can hold your mouse over a specific city or province and view the current average price and the average price one year ago.  Read the August summary.
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Vancouver's Shangri-la Condos Selling Well - 09/26/09 02:29 PM
Vancouver's Shangri-la Hotel/Condo building is located at 1128 West Georgia and at 61 storeys is the tallest building in Vancouver and the 11th tallest in Canada.  It opened in November 2008.
The luxury boutique hotel only occupies the first 15 floors and is, of course, an international brand name.  16th to 45th floors are 227 live/work condos with a lobby at 1111 Alberni. To date there have been 29 sales and currently there are 9 listings. 670 sq.ft. l bedroom listed at $600,000 and 1000 sq ft 2 bedroom listed at $1,230,000. The 2 bedrooms range from 1000 to 1600 sq ft. The re-sales are … (0 comments)

VANCOUVER REAL ESTATE ANALYSIS FOR OLYMPIC VILLAGE, AUGUST 2009 - 09/18/09 06:28 PM
The Olympic Village is Vancouver’s last waterfront community. Vancouver real estate statistics for False Creek South (Olympic Village) saw listings increase 50% and sales decline substantially. We can only track the activity for this neighbourhood through MLS, not the Developers who are pre-selling, but that will eventually change and then we can get a better feel for the neighbourhood. Most expensive listing $1,248,000 for 1141 sq.ft. sub penthouse (air conditioned) in Foundry. The increase in listings is due mainly to resales in Foundry at 1833 Crowe. Listings - Feb 19, Mar 18, Apr 16, May 26, Jun 28, Jul 18, Aug … (0 comments)

vancouver real estate analysis for false creek north, august 2009 - 09/18/09 06:25 PM
Listings flat and sales in August were down from July. Vancouver real estate analysis for False Creek North saw listings down to 127. Sales dropped to 34 from the peak in May. Days on the market down to 42 and equal to a year ago. The average selling price up to $840,000 and the highest for the year. Average $ psf is up to $727 and also the highest for the year. The average supply of condos in this waterfront hood is 3.7 months, down from 17 in January. Six sales over $1 million. In March there were none over $1M. … (0 comments)

best priced view condo on bayshore drive, coal harbour, vancouver, - 09/18/09 06:22 PM
1616 Bayshore Drive #1804. Now $1,048,000. 1257 sq.ft. Welcome to Coal Harbour and Bayshore Gardens. This condo is the least expensive view 2 bedroom on the market. Steps to the waterfront. Enjoy the magnificent ocean, mountain and Stanley Park views from this luxury corner 2 bedroom, featuring a large view patio. The kitchen has granite island and countertops, Bosch gas cooktop, oven, dishwasher, Sub-Zero fridge and Sub-Zero wine fridge. Master bedroom ensuite features a double-sink vanity with pullout drawers, marble countertop, dressing mirror and faucets by Kholer. Enjoy 24 hr concierge, 2 parking & locker. Pets & rentals welcome. view the … (0 comments)

vancouver real estate graphs for aug 2009 - 09/06/09 02:40 PM
Above are the Vancouver real estate graphs for August for houses, townhouses and condos on Vancouver's west side.
Median house and condo price is up, townhouse price is down.
Condo listings are stabilizing at 1300 from nearly 2500 a year ago. The monthly new listings are also stabilizing. Sales  increased from January to June and dropped slightly since then. For the year, the busiest price range is $300,000 to $450,000 . Year to Date over $1 Million saw 165 sales  in Vancouver West Side (up from 30 for the first quarter). Total of 3305 sales for the year
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VANCOUVER real estate sales in august contine strong - 09/03/09 05:27 PM
The number of home sales in Greater Vancouver increased significantly last month compared to August 2008 and moved closer in line with the active summer months experienced between 2003 and 2007.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver increased 119.5 per cent in August 2009 to 3,441 from the 1,568 sales recorded in August 2008 and increased 1.7 per cent compared to August 2007. New listings for detached, attached and apartment properties increased 4.9 per cent to 4,544 in August 2009 compared to August 2008 when 4,331 new units were listed. Total active … (0 comments)

vancouver real estate graphs for august show prices up - 09/03/09 05:24 PM
The average price of Greater Vancouver houses increased in August, compared to July. Townhome and Condo prices dipped slightly. Prices have been rising since March. The graph shows the houses on the top, townhomes (middle) and condos (bottom) average price from 1977 to present.  The Vancouver market peaked in 1981, 1990, 1995 and 2008. Vancouver condos didn't appreciate much between 1990 and 2002 but they did between 2002 and 2008 and prices are back to where they were in mid to late 2006.  Listings decreased in August and sales were up slightly, compared to July.  
Following are the stats for Vancouver West Side
Listings - in Aug there were … (0 comments)

 

maggie chandler

Vancouver, BC

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