Please visit our Open House at 204 538 SMITHE ST in Vancouver.

Open House on Saturday, October 28, 2017 2:00PM - 4:00PM

HOT PRICE! ACT FAST for this chic New York style 2 level 2 bedroom townhouse. It's the only Downtown townhome under $1M. Beautifully updated and on quiet side of the building overlooking landscaped courtyard. Live the Urban Lifestyle at the edge of Downtown & Yaletown. This designer style home features crown mouldings, stainless steel appliances, sliding glass doors to second bedroom, tasteful wall treatments, all new flooring and blinds, built-in electric fireplace, a unique floorplan & 2 huge insuite storage spaces, plus locker & parking. Nothing to do but move in! Boutique style Mode is a concrete building with only 8 floors and a pro-active strata. 100 transit & walkscore! Pets & rentals welcomed. Open Oct 28 & 29, 2-4 pm.

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Please visit our Open House at 204 538 SMITHE ST in Vancouver.

Open House on Sunday, October 29, 2017 2:00PM - 4:00PM

HOT PRICE! ACT FAST for this chic New York style 2 level 2 bedroom townhouse. It's the only Downtown townhome under $1M. Beautifully updated and on quiet side of the building overlooking landscaped courtyard. Live the Urban Lifestyle at the edge of Downtown & Yaletown. This designer style home features crown mouldings, stainless steel appliances, sliding glass doors to second bedroom, tasteful wall treatments, all new flooring and blinds, built-in electric fireplace, a unique floorplan & 2 huge insuite storage spaces, plus locker & parking. Nothing to do but move in! Boutique style Mode is a concrete building with only 8 floors and a pro-active strata. 100 transit & walkscore! Pets & rentals welcomed. Open Oct 28 & 29, 2-4 pm.

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Please visit our Open House at 1820 WOODLAND DR in Vancouver.

Open House on Saturday, October 21, 2017 1:30PM - 2:30PM

Sophisticated 2 year old quality built half duplex in a sought after location boasting a Walkscore of 95. Steps to the Drive and close to Commercial Skytrain, Olympic village neighborhood and Downtown Vancouver. Unique 3 levels, high ceilings, 4 bedrooms & den, 4 bathrooms plus garage and security system. Excellent layout features a spacious main floor with designer kitchen situated off the large dining/living room with the 3/4 inch solid maple wide plank flooring, top of the line stainless steel appliance including gas stove Master bedroom with vaulted ceilings, walk in closet and a balcony. Enjoy summers entertaining on the backyard patio with gas hookup for BBQ. 2 bedroom accommodation on lower level. Practically a house! Outstanding value! Open House: Sat, Oct 21st, 1:30-2:30 PM.

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The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 9.9 per cent from the same period last year. Total sales dollar volume was $5.8 billion, up 30.2 per cent from September 2016.

 

The average MLS® residential price in the province was $693,774, up 18.5 per cent from September 2016.

 

“BC home sales rose nearly 5 per cent from August on a seasonally adjusted basis," said Cameron Muir, BCREA Chief Economist. "Total active listings on the market continue to trend at ten-year lows in most BC regions, limiting unit sales and pushing home prices higher. While the economic fundamentals support elevated housing demand, rising home prices are eroding affordability, particularly for first-time buyers."

 

Year-to-date, BC residential sales dollar volume was down 12.8 per cent to $57.6 billion, when compared with the same period in 2016.

Residential unit sales declined 13 per cent to 81,608 units, while the average MLS® residential price was down 0.2 per cent to $705,501.

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Please visit our Open House at 1820 WOODLAND DR in Vancouver.

Open House on Saturday, October 14, 2017 1:30PM - 2:30PM

Sophisticated 2 year old quality built half duplex in a sought after location boasting a Walkscore of 95. Steps to the Drive and close to Commercial Skytrain, Olympic village neighborhood and Downtown Vancouver. Unique 3 levels, high ceilings, 4 bedrooms & den, 4 bathrooms plus garage and security system. Excellent layout features a spacious main floor with designer kitchen situated off the large dining/living room with the 3/4 inch solid maple wide plank flooring, top of the line stainless steel appliance including gas stove Master bedroom with vaulted ceilings, walk in closet and a balcony. Enjoy summers entertaining on the backyard patio with gas hookup for BBQ. 2 bedroom accommodation on lower level. Practically a house! Outstanding value! Open House: Sat, Oct 14, 1:30-2:30 PM.

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Canadian Housing Starts - October 10, 2017 - BCREA


Canadian housing starts decreased by 4 per cent in September to 217,118 units at a seasonally adjusted annual rate (SAAR).  The six-month trend in Canadian housing starts also declined to 214,821 units SAAR.

New home construction in BC rose 6 per cent on a monthly basis to 37,470 units SAAR but was down 18 per cent on a year-over-year basis.  Single detached starts were flat compared to one year ago while multiple unit starts declined 24 per cent year-over-year.

Looking at census metropolitan areas (CMA) in BC: 

  • Total starts in the Vancouver CMA fell 13 per cent from August and were down about half compared to September 2016. Multiple unit starts were down 58 per cent from one year ago as record levels of units under construction weigh on new projects.
  • In the Victoria CMA market, housing starts continue to surge, rising 127 per cent year-over-year. Multiple unit starts continue to drive new home construction, with starts more than triple levels seen last September.
  • New home construction in the Kelowna CMA jumped more than 200 per cent year-over-year as close to 350 new multiple unit starts were recorded.
  • Housing starts in the Abbotsford-Mission CMA also more than doubled year-over-year due to strong growth in both single and multiple starts. 
Call Maggie 604-3288-0077
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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.