Courtesy BCREA


The Bank of Canada held its overnight rate at 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that there is evidence that the global economy is stabilizing and that US recession concerns are waning, though trade conflicts remain the biggest threat to the Canadian economy.  The Bank expects modest growth in 2020 and for inflation to closely track its 2 per cent target.

With many central banks around the world lowering their policy rates,  why is the Bank of Canada holding firm? Simply, the Bank judges the potential of lower rates igniting a further accumulation of household debt as a greater risk to the Canadian economy than the risk from deteriorating global economic conditions.  Canadian policymakers have committed to bending the curve on the Canadian household debt-to-income ratio, through a combination of higher interest rates and stricter mortgage policy.

Balanced against the goal of restraining debt, the Bank sees the risk of a further disruption in global trade as manageable.  The outlook for Canadian economic growth is roughly in line with trend growth for the economy and inflation is expected to be well tethered to its 2 per cent target. As long as that outlook holds, we expect that the Bank will remain on the sidelines in 2020.
 



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Vancouver, BC – November 13, 2019.


The British Columbia Real Estate Association (BCREA) reports that a total of 7,666 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, an increase of 19.3 per cent from the same month last year. The average MLS® residential price in the province was $724,045, an increase of 5.1 per cent from October 2018. Total sales dollar volume was $5.55 billion, a 25.4 per cent increase from the same month last year.   

“Most markets around the province are returning to a more typical level of sales activity,” said BCREA Chief Economist Brendon Ogmundson. “That recovery in sales and slower listings activity is putting upward pressure on prices in many markets.”

MLS® residential active listings in the province were up 1 per cent from September 2018 to 36,567 units, although down slightly when compared on a seasonally adjusted basis. With sales and listings down, overall market conditions in the province have tightened, with a sales-to-active listings ratio of 21 per cent.

Year-to-date, BC residential sales dollar volume was down 9 per cent to $45.3 billion, compared with the same period in 2018. Residential unit sales were 6.2 per cent lower at 65,468 units, while the average MLS® residential price was down 3 per cent year-to-date at $691,618.    

 
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October 30, 2019

Courtesy of BCREA


The Bank of Canada held its overnight rate at 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that ongoing trade conflicts have weakened the global economic outlook, which is expected to drag Canadian economic growth below its potential in the second half of this year. The bank is further projecting that growth will register under 2 per cent over the next two years. Inflation is expected to trend at the Bank's target of 2 per cent.

With the expectation that the US Federal Reserve will be lowering its own policy rate later today, the third rate cut this year, there may be extra pressure for the Bank to begin loosening monetary policy at its next meeting.  As reflected by the Bank's statement, while current trade conflicts will test the resilience of the Canadian economy, the Bank does not as yet foresee the need for lower interest rates. However, the Bank stands ready to act if the impact of trade conflicts spreads beyond trade and investment and begin to slow consumer spending or housing activity. Thus far, the Bank appears to judge those risks as contained, which likely mean no change in interest rates this year.

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September 6, 2019

Courtesy BCREA



Canadian employment increased in August by 81,100 jobs. An increase in the participation rate kept the unemployment rate unchanged at 5.7%. Leading the increase in August was part-time employment (57,200) and almost entirely in the private sector on the service side. Regionally, the largest gains in employment were reported in Ontario (57,800) and Quebec (19,700). 

In contrast, employment in BC fell by 8,300 jobs in August. This marks the third consecutive monthly decline. The August decline was driven by part-time employment, raising the provincial unemployment rate by 0.6 percentage points to 5%. Compared to one year ago, employment in BC is up 3% (73,800 jobs).   

For more information, please contact:  
 
Brendon Ogmundson
Deputy Chief Economist
604.742.2796
bogmundson@bcrea.bc.ca 
Kellie Fong
Economist
778.357.0831
kfong@bcrea.bc.ca 
   
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Vancouver, BC - September 5, 2019. 

The British Columbia Real Estate Association (BCREA) released its 2019 Third Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 5 per cent to about 75,000 units this year, after recording 78,505 residential sales in 2018. MLS® residential sales are forecast to increase 11 per cent to 82,700 units in 2020, just below the 10-year average for MLS® residential sales of 85,800 units.

"BC markets are showing signs of recovery after nearly a year and a half of policy-induced declines," said Brendon Ogmundson, BCREA Deputy Chief Economist. "We expect that recovery to continue into next year, with home sales normalizing around long-term averages."

A recovery in home sales has slowed the accumulation of resale inventory, with active listings still well short of the previous peak in 2012. That leaves market conditions at the provincial level essentially balanced with little upward pressure on prices. We anticipate that the MLS® average price will decline 2.4 per cent in 2019 before rising modestly by 3 per cent to $718,000 in 2020.

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September 4, 2019
Metro Vancouver housing market sees summer uptick in sales

Home buyer activity increased to more typical levels in Metro Vancouver throughout the summer months.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrease from the 2,557 homes sold in July 2019.


Last month’s sales were 9.2 per cent below the 10-year August sales average.


“Home sales returned to more historically normal levels in July and August compared to what we saw in the first six months of the year,” said REBGV President Ashley Smith. 


There were 3,747 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2019. This represents a 3.5 per cent decrease compared to the 3,881 homes listed in August 2018 and an 18.8 per cent decrease compared to July 2019 when 4,613 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 13,396, a 13.3 per cent increase compared to August 2018 (11,824) and a 5.9 per cent decrease compared to July 2019 (14,240).


For all property types, the sales-to-active listings ratio for August 2019 is 16.7 per cent. By property type, the ratio is 12 per cent for detached homes, 18.4 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.


“With more demand from home buyers, the supply of homes listed for sale isn’t accumulating like earlier in the year. These changes are creating more balanced market conditions,” Smith said.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $993,300. This represents an 8.3 per cent decrease over August 2018 and a 0.2 per cent decrease compared to July 2019.


Sales of detached homes in August 2019 reached 706, a 24.5 per cent increase from the 567 detached sales recorded in August 2018. The benchmark price for detached homes is $1,406,700. This represents a 9.8 per cent decrease from August 2018 and a 0.7 per cent decrease compared to July 2019.


Sales of apartment homes reached 1,116 in August 2019, an 8.9 per cent increase compared to the 1,025 sales in August 2018. The benchmark price of an apartment property is $771,000. This represents a 7.4 per cent decrease from August 2018 and a 0.1 per cent increase compared to July 2019.


Attached home sales in August 2019 totalled 409, a 21.4 per cent increase compared to the 337 sales in August 2018. The benchmark price of an attached unit is $654,000. This represents a 7.8 per cent decrease from August 2018, a 0.2 per cent increase compared to July 2019.


Download the August 2019 stats package. 


Home buyer activity increased to more typical levels in Metro Vancouver throughout the summer months.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrease from the 2,557 homes sold in July 2019.


Last month’s sales were 9.2 per cent below the 10-year August sales average.


“Home sales returned to more historically normal levels in July and August compared to what we saw in the first six months of the year,” said REBGV President Ashley Smith. 


There were 3,747 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2019. This represents a 3.5 per cent decrease compared to the 3,881 homes listed in August 2018 and an 18.8 per cent decrease compared to July 2019 when 4,613 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 13,396, a 13.3 per cent increase compared to August 2018 (11,824) and a 5.9 per cent decrease compared to July 2019 (14,240).


For all property types, the sales-to-active listings ratio for August 2019 is 16.7 per cent. By property type, the ratio is 12 per cent for detached homes, 18.4 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.


“With more demand from home buyers, the supply of homes listed for sale isn’t accumulating like earlier in the year. These changes are creating more balanced market conditions,” Smith said.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $993,300. This represents an 8.3 per cent decrease over August 2018 and a 0.2 per cent decrease compared to July 2019.


Sales of detached homes in August 2019 reached 706, a 24.5 per cent increase from the 567 detached sales recorded in August 2018. The benchmark price for detached homes is $1,406,700. This represents a 9.8 per cent decrease from August 2018 and a 0.7 per cent decrease compared to July 2019.


Sales of apartment homes reached 1,116 in August 2019, an 8.9 per cent increase compared to the 1,025 sales in August 2018. The benchmark price of an apartment property is $771,000. This represents a 7.4 per cent decrease from August 2018 and a 0.1 per cent increase compared to July 2019.


Attached home sales in August 2019 totalled 409, a 21.4 per cent increase compared to the 337 sales in August 2018. The benchmark price of an attached unit is $654,000. This represents a 7.8 per cent decrease from August 2018, a 0.2 per cent increase compared to July 2019.


Download the August 2019 stats package. 


REBGV

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September 4, 2019- courtesy of BCREA


The Bank of Canada left its target for the overnight rate unchanged at 1.75 per cent this morning. In the statement accompanying the decision the Bank noted escalated trade tensions between the US and China has resulted in weakened  business investment, lower commodity prices and heightened global risk.  While the Canadian economy posted strong growth in the second quarter of this year, the Bank attributes that growth to temporary factors unlikely to be repeated in the back half of the year. Overall, the Bank judges that the economy is operating close to its potential and inflation is in line with its target.  However, rising uncertainty in the global economy is impacting economic growth and further escalation may require additional monetary stimulus.

While the Bank of Canada, as expected, opted to not follow other central banks in lowering its policy rate, it has left the door open to lowering rates should developments in the global economy warrant doing so. Currently, economic conditions in Canada do not require further stimulus, and policymakers remain weary of re-igniting a build-up in household debt particularly after imposing policies designed to bring those debt burdens down.  We expect the  Bank will therefore remain on hold as long as current economic risk does not reach a tipping point, such as an impending recession in the United States.  As the uncertain global outlook keeps bond yields down, Canadian mortgage rates should stay near their current sub-3 per cent level for some time.

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August 30, 2019 - BCREA


The Canadian economy rebounded in the second quarter, surging at an annual rate of 3.7 per cent. That follows two quarters of lackluster sub-1 per cent real GDP growth.  Growth was primarily led by a recovery in export volumes which masked underlying weakness in domestic demand, which actually declined as household spending slowed and business investment declined.

Despite a solid second quarter growth, we are forecasting that the Canadian economy will expand by only 1.5 per cent this year, a slight deceleration from 1.8 per cent growth in 2018.  Moreover, inflation remains closely tied to its 2 per cent target, and unemployment remains very low, which should translate to a sidelined Bank of Canada.


That said, risks to the economy are very clearly tilted to the downside. The US continues to flirt with potentially disastrous trade wars and global financial markets are anticipating a US recession in the next twelve months.  Should those fears be realized, the next move by the Bank will certainly be to lower its overnight rate.
  

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Vancouver, BC – July 15, 2019.


The British Columbia Real Estate Association (BCREA) reports that a total of 6,960 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, a decline of 11.8 per cent from the same month last year. The average MLS® residential price in the province was $687,584, a decline of 4 per cent from June 2018. Total sales dollar volume was $4.8 billion, a 15.3 per cent decline from the same month last year.


“BC home sales moderated lower in June after a stronger showing in May,” said BCREA Deputy Chief Economist Brendon Ogmundson. “While mortgage rates offered by lenders have moved below 3 per cent, a static qualifying rate has limited the impact of the lower cost of borrowing.”


Total MLS® residential active listings were up 18.6 per cent to 42,625 units compared to the same month last year and were essentially flat on a seasonally adjusted basis compared to May.

Year-to-date, BC residential sales dollar volume was down 23.4 per cent to $24.5 billion, compared with the same period in 2018. Residential unit sales decreased 18.7 per cent to 35,679 units, while the average MLS® residential price was down 5.8 per cent to $688,080..

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Please visit our Open House at 2402 889 HOMER ST in Vancouver.

Open House on Saturday, June 22, 2019 2:00PM - 4:00PM

Gorgeous s.w. comer one bedroom & den (which could also be a second bedroom) 2 bathrooms plus a solarium and balcony which overlooks the new park on Smithe & Richards-. Bing Thom designed hirise with only 3 suites per floor and boasting 180 degree views of False Creek and the city. Wonderful open and airy floorplan with lots of natural light featuring 1 parking & Locker. Building has a gym, sauna, lounge area with fireplace & large outdoor terrace. 889 Homer boasts 100 Walk and Transportation Score! Minutes to the city's best restaurants, theater district shopping, entert, groceries, business district, SFU Downtown, BC Place and Vancouver Public Library. Superbly located in upper Yaletown. Short walk to Canada Line & Expo/Millennium Line. Enjoy city living at its best! Open June 22, 2-4.

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BC Home Sales to Rise in 2020
BCREA 2019 Second Quarter Housing Forecast


Vancouver, BC – June 18, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 Second Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 9 per cent to 71,400 units this year, after recording 78,346 residential sales in 2018. MLS® residential sales are forecast to increase 14 per cent to 81,700 units in 2020. The 10-year average for MLS® residential sales in the province is 84,300 units.


“The shock to affordability from restrictive mortgage policies, especially the B20 stress test, will continue to limit housing demand in the province this year,” said Cameron Muir, BCREA Chief Economist. “However, a relatively strong economy and favourable demographics are likely creating pent-up demand in the housing market,”


The inventory of homes for sale has climbed out of a cyclical low, leading to balanced market conditions in many areas and buyer’s market conditions in some communities and across some products types. Current market conditions are expected to provide little upward pressure on home prices this year, with the average annual residential price forecast to remain essentially unchanged, albeit down 2 per cent to $697,000. Modest improvement in consumer demand is expected to unfold though 2020, pushing the average residential price up 4 per cent to $726,000.

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Vancouver, BC – June 14, 2019. 


The British Columbia Real Estate Association (BCREA) reports that a total of 8,221 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, a decline of 7 per cent from the same month last year. The average MLS® residential price in the province was $707,829, a decline of 4.3 per cent from May 2018. Total sales dollar volume was $5.8 billion, an 11 per cent decline from the same month last year.


“BC home sales increased 9 per cent in May compared to April, on a seasonally adjusted basis,” said BCREA Chief Economist Cameron Muir. “However, consumers continue to struggle with the negative shock to affordability that stringent mortgage lending policies have created.”


Total MLS® residential active listings were up 23.2 per cent to 41,519 units compared to the same month last year. However, total active listings were down 2 per cent from April, on a seasonally adjusted basis, the first monthly decline since the B20 Stress test was introduced in January 2018.


Year-to-date, BC residential sales dollar volume was down 25.1 per cent to $19.8 billion, compared with the same period in 2018. Residential unit sales decreased 20.2 per cent to 28,711 units, while the average MLS® residential price was down 6.2 per cent to $688,339.

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Please visit our Open House at 810 1239 GEORGIA ST W in Vancouver.

Open House on Saturday, June 8, 2019 1:00PM - 2:30PM

Welcome to the Venus, located in Vancouver's desirable Coal Harbour. Open space studio featuring gas fireplace, real hardwood floor, outdoor balcony, 9' ceilings, granite countertops, parking and large locker. Building features a concierge, 2 guest suites, indoor pool, gym, hot tub, steam/sauna, media room, party room, library and visitor parking. All furnishings included except tv. Walk to work Downtown. Enjoy Stanley Park, the seawall, fine dining and entertainment. Boasting a 99 Walkscore! Perfect for first time buyers or investors. Rentals minimum 6 months. Shows well- move in condition. Sharply priced and easy to view! Open House Sat (Jun 8) & Sun (Jun 9) 1-2:30PM.

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Please visit our Open House at 810 1239 GEORGIA ST W in Vancouver.

Open House on Sunday, June 9, 2019 1:00PM - 2:30PM

Welcome to the Venus, located in Vancouver's desirable Coal Harbour. Open space studio featuring gas fireplace, real hardwood floor, outdoor balcony, 9' ceilings, granite countertops, parking and large locker. Building features a concierge, 2 guest suites, indoor pool, gym, hot tub, steam/sauna, media room, party room, library and visitor parking. All furnishings included except tv. Walk to work Downtown. Enjoy Stanley Park, the seawall, fine dining and entertainment. Boasting a 99 Walkscore! Perfect for first time buyers or investors. Rentals minimum 6 months. Shows well- move in condition. Sharply priced and easy to view! Open House Sat (Jun 8) & Sun (Jun 9) 1-2:30PM.

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Please visit our Open House at 810 1239 GEORGIA ST W in Vancouver.

Open House on Saturday, June 1, 2019 1:00PM - 3:00PM

Welcome to the Venus, located in Vancouver's desirable Coal Harbour. Open space studio featuring gas fireplace, real hardwood floor, outdoor balcony, 9' ceilings, granite countertops, parking and large locker. Building features a concierge, 2 guest suites, indoor pool, gym, hot tub, steam/sauna, media room, party room, library and visitor parking. All furnishings included except tv. Walk to work Downtown. Enjoy Stanley Park, the seawall, fine dining and entertainment. Boasting a 99 Walkscore! Perfect for first time buyers or investors. Rentals minimum 6 months. Shows well- move in condition. Sharply priced and easy to view! Open House Sat (Jun 01) & Sun (Jun 02) 1-3pm

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Please visit our Open House at 810 1239 GEORGIA ST W in Vancouver.

Open House on Sunday, June 2, 2019 1:00PM - 3:00PM

Welcome to the Venus, located in Vancouver's desirable Coal Harbour. Open space studio featuring gas fireplace, real hardwood floor, outdoor balcony, 9' ceilings, granite countertops, parking and large locker. Building features a concierge, 2 guest suites, indoor pool, gym, hot tub, steam/sauna, media room, party room, library and visitor parking. All furnishings included except tv. Walk to work Downtown. Enjoy Stanley Park, the seawall, fine dining and entertainment. Boasting a 99 Walkscore! Perfect for first time buyers or investors. Rentals minimum 6 months. Shows well- move in condition. Sharply priced and easy to view! Open House Sat (Jun 01) & Sun (Jun 02) 1-3pm

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H-Info-April-2019

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,” Ashley Smith, REBGV president said. “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,” Smith said. “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.

Editor’s Note

Areas covered by the Real Estate Board of Greater Vancouver include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.


The real estate industry is a key economic driver in British Columbia. In 2018, 24,619 homes changed ownership in the Board’s area, generating $1.7 billion in economic spin-off activity and an estimated 11,720 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $26 billion in 2018.

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Please visit our Open House at 217 288 8TH AVE E in Vancouver.

Open House on Saturday, April 27, 2019 2:00PM - 4:00PM

Enjoy this bright, spacious 1 bedroom and den in the heart of Vancouver's popular "SOMA" neighborhood. Suite features open plan living concept, laminate flooring, floor to ceiling windows, newer kitchen/bathroom countertops and stainless steel appliances. Leave the car at home and walk/bike to all your favorite restaurants, shops, craft breweries and Skytrain/transit. Building is well managed and Includes fitness centre, parking, locker and bike room. Pet and Rental friendly too. Perfect!! Open April 20 1:30 - 3pm & April 27 & 28, 2-4pm.

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Please visit our Open House at 217 288 8TH AVE E in Vancouver.

Open House on Sunday, April 28, 2019 2:00PM - 4:00PM

Enjoy this bright, spacious 1 bedroom and den in the heart of Vancouver's popular "SOMA" neighborhood. Suite features open plan living concept, laminate flooring, floor to ceiling windows, newer kitchen/bathroom countertops and stainless steel appliances. Leave the car at home and walk/bike to all your favorite restaurants, shops, craft breweries and Skytrain/transit. Building is well managed and Includes fitness centre, parking, locker and bike room. Pet and Rental friendly too. Perfect!! Open April 20 1:30 - 3pm & April 27 & 28, 2-4pm.

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Please visit our Open House at 217 288 8TH AVE E in Vancouver.

Open House on Saturday, April 20, 2019 1:30PM - 3:00PM

Enjoy this bright, spacious 1 bedroom and den in the heart of Vancouver's popular "SOMA" neighborhood. Suite features open plan living concept, laminate flooring, floor to ceiling windows, newer kitchen/bathroom countertops and stainless steel appliances. Leave the car at home and walk/bike to all your favorite restaurants, shops, craft breweries and Skytrain/transit. Building is well managed and Includes fitness centre, parking, locker and bike room. Pet and Rental friendly too. Perfect!! Open April 20 1:30 - 3pm & April 27 & 28, 2-4pm.

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.