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New property listed in Kitsilano, Vancouver West
I have listed a new property at 105 1933 5TH AVE W in Vancouver.
Attention investors and first time home buyers! Act fast for Kitsilano's lowest priced condo! Welcome to Sahlano Place. Spacious studio with open layout and separate sleeping area that is currently screened off to make it a 1 bedroom with closet and window. Enjoy summers on your spacious patio. Includes 1 underground parking and 1 locker. Building has a bike storage room. Pets and rentals welcomed. 97 Walkscore. Enjoy the Kits lifestyle- close to Arbutus Gateway, restaurants, shopping, trnasportation, 5th Ave cinema and desirable Kits Beach & Vanier park. Tenanted and 24hrs to show
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New property listed in Lower Lonsdale, North Vancouver
I have listed a new property at 9 215 4TH ST E in North Vancouver.
Central Lower Lonsdale Location. A boutique development of only 9, modern/contemporary townhomes featuring beautiful and timeless curb appeal . This END UNIT, 2 level + bsmt 3 bed home is only 8 yrs old and is a great opportunity for growing families or couples. Features include a spacious recreation/media room with a built in Murphy bed and direct access to secured underground parking & storage. Other features include large windows, an open floor plan, radiant heating, engineered hardwood floors, a powder room on the main, granite countertops, maple cabinets, gas fireplace, & french doors leading to a large S facing patio that's perfect for entertaining. K-7 = Ridgeway Elementary and 8-12 = Sutherland Secondary. Sutherland Secondary.
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Reduced demand is allowing housing supply to accumulate

Home buyer demand continues to decline across the Metro Vancouver* housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 percent decrease from the 4,364 sales recorded in May 2017, and a 9.8 percent increase compared to April 2018 when 2,579 homes sold.

Last month’s sales were 19.3 percent below the 10-year May sales average.

“With fewer homes selling today compared to recent years, the number of homes available for sale is rising,” Phil Moore, REBGV president said. “The selection of homes for sale in Metro Vancouver has risen to the highest levels we’ve seen in the last two years, yet supply is still below our long-term historical averages.”

There were 6,375 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in May 2018. This represents a 5.5 percent increase compared to the 6,044 homes listed in May 2017 and a 9.5 percent increase compared to April 2018 when 5,820 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 11,292, a 38.2 percent increase compared to May 2017 (8,168) and a 15 percent increase compared to April 2018 (9,822).

The total number of listings available today is 17.2 percent below the 10-year May average.

For all property types, the sales-to-active listings ratio for May 2018 is 25.1 percent. By property type, the ratio is 14.7 percent for detached homes, 30.8 percent for townhomes, and 41.7 percent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 percent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 percent over several months.

“For home sellers to be successful in today’s market, it’s important to price your property competitively given the shifting dynamics we’re experiencing,” Moore said. “It’s also important to work with your local Realtor to better understand these changing conditions.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,094,000. This is an 11.5 percent increase over May 2017 and a 0.2 percent increase compared to April 2018.

Sales of detached properties in May 2018 reached 926, a 40.2 percent decrease from the 1,548 detached sales recorded in May 2017. The benchmark price for detached properties is $1,608,000. This is a 2.4 percent increase from May 2017 and a 0.1 per cent increase compared to April 2018.

Sales of apartment properties reached 1,431 in May 2018, a 29.3 per cent decrease from the 2,025 sales in May 2017. The benchmark price of an apartment property is $701,700. This is a 20.2 percent increase from May 2017 and a 0.1 percent increase compared to April 2018.

Attached property sales in May 2018 totalled 476, a 39.8 percent decrease from the 791 sales in May 2017. The benchmark price of an attached unit is $859,500. This represents a 16 percent increase from May 2017 and a 0.6 percent increase compared to April 2018.

 

Download the full news release

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New property listed in Cambie, Vancouver West
I have listed a new property at 403 20TH AVE W in Vancouver.
Extra Deep Corner lot 33x138.5 w/charming home in one of Vancouver’s most desired locations within the Cambie Corridor. This property has been meticulously cared for over the years. 2 bedrooms on the main level, cozy gas f/p, leaded glass windows & hardwood floors throughout make this home feel warm & inviting. Enjoy tremendous light throughout the space & take in the mountain views from your kitchen, deck or within the comfort of your fenced garden oasis. The basement was reno'd in 2005 and contains a beautiful secondary 2 bedroom suite w/separate laundry. Additional bedroom & full bath in basement can be incorporated into the suite or accessed from the main level. Hold, build, add laneway house or do further renovations. Pls do not disturb tenants.
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New property listed in Steveston South, Richmond
I have listed a new property at 104 5700 ANDREWS RD in Richmond.
Georgie Award winning "Rivers Reach" in Steveston; A fully rainscreened bldg loc in Richmond's best neighbourhood. This lovely 2 bdrm + 2 bath, former showhome, CORNER UNIT features an open floor plan, separation of bedrooms, large wrap around windows & a 350 sq.ft. wrap around patio. There are wall to wall windows on the north, east and south sides including a window in the kitchen. The living and dining areas boast engineered h/w floors w/ carpets in the bedrooms. This home also features a natural gas f/p, built ins in the master closet & a spacious insuite storage area. A very peaceful setting just steps to the Village shops and restaurants, the river, trails and boardwalk. This is a pet friendly bldg and community.
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Open House. Open House on Saturday, June 9, 2018 3:00PM - 5:00PM
Please visit our Open House at 104 5700 ANDREWS RD in Richmond.
Open House on Saturday, June 9, 2018 3:00PM - 5:00PM
Georgie Award winning "Rivers Reach" in Steveston; A fully rainscreened bldg loc in Richmond's best neighbourhood. This lovely 2 bdrm + 2 bath, former showhome, CORNER UNIT features an open floor plan, separation of bedrooms, large wrap around windows & a 350 sq.ft. wrap around patio. There are wall to wall windows on the north, east and south sides including a window in the kitchen. The living and dining areas boast engineered h/w floors w/ carpets in the bedrooms. This home also features a natural gas f/p, built ins in the master closet & a spacious insuite storage area. A very peaceful setting just steps to the Village shops and restaurants, the river, trails and boardwalk. This is a pet friendly bldg and community.
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Open House. Open House on Sunday, June 10, 2018 3:00PM - 5:00PM
Please visit our Open House at 104 5700 ANDREWS RD in Richmond.
Open House on Sunday, June 10, 2018 3:00PM - 5:00PM
Georgie Award winning "Rivers Reach" in Steveston; A fully rainscreened bldg loc in Richmond's best neighbourhood. This lovely 2 bdrm + 2 bath, former showhome, CORNER UNIT features an open floor plan, separation of bedrooms, large wrap around windows & a 350 sq.ft. wrap around patio. There are wall to wall windows on the north, east and south sides including a window in the kitchen. The living and dining areas boast engineered h/w floors w/ carpets in the bedrooms. This home also features a natural gas f/p, built ins in the master closet & a spacious insuite storage area. A very peaceful setting just steps to the Village shops and restaurants, the river, trails and boardwalk. This is a pet friendly bldg and community.
Read

I have listed a new property at 9 215 4TH ST E in North Vancouver.
Central Lower Lonsdale Location. A boutique development of only 9, modern/contemprorary townhomes featuring beautiful and timeless curb appeal. This END UNIT, 2 level + bsmt 3 bed home is only 8 yrs old and is a great opportunity for growing families or couples. Features include a spacious recreation/media room with a built in Murphy bed and direct access to secured underground parking & storage. Other features include large windows, an open floor plan. radiant heating, engineered hardwood floors, a powder room on the main , granite countertops, maple cabinets, gas fireplace, & french doors leading to a large S facing patio that's perfect for entertaining K-7 = Ridgeway Elementary and 8-12 = Sutherland Secondary.
Read

4 Products on Deep Discount in June

Great deals on pressure washers, smartwatches, and more

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