March 2008

Vancouver Property Graphs

by Maggie Chandler March 20, 2008

Downtown Statistics for February 2008

by Maggie Chandler March 20, 2008 Downtown

Current Listings: 457 . Average Price $676,942

Least Expensive $218,000 for 365 sq. ft. studio. Most expensive $5,900,000 for 5000 sq.ft. at the Wall Centre.

265 listed under $500K, almost 60%. 29 listed over $1 million. Of those listed, 97 have had a price reduction and 10 a price increase.

Solds 137. Average Price $424,157. Days of Market 29. …

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Kitsilano Statistics for February 2007

by Maggie Chandler March 20, 2008 Kitsilano

Current Listings 117. Average Price $556,381

37 listings have had a price reduction and 2 have had a price increase.

59 are listed under $500,000. 45 are listed between $500,00 and $750,000 and 8 listed over $1 million

SOLDS 44. Average price $488,505. Average Days on market 19. 2 1/2 months of inventory

28 sold under $500,000. 13 sold …

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False Creek North Statistics for February 2008

by Maggie Chandler March 20, 2008 False Creek North

Current Listings 153. Average price $1,147,037. Only 14 listed under $500,000. 59 listed over $1 million.

February Solds 36. Average Price $919,278. Days on Market 46. Just over 4 months of supply.

5 of those sales had List Price reduced and 2 had an increase.

5 sold under $500,000 and 7 sold over $1 million and 1 sold over $4 …

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If You Don’t Buy Now, You’ll Hate Yourself Later

by Maggie Chandler March 20, 2008

Vancouver’s market has falling interest rates, economic growth and job creation.

Robyn Adamache at CMHC says we have no real estate bubble in Vancouver. The following is a summary of her presentation that I just attended, courtesy of RBC.

Interest rates will be falling slightly in ’08 and rise slightly(up to 0 .75%) in ’09, remaining flat to 2012-13. …

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Vancouver’s Interior Design Show West

by Maggie Chandler March 17, 2008

Vancouver’s Home for Design on the West Coast

March 20th-22nd for the general public, held at the Vancouver Convention and Exhibition Centre. This is the West Coast’s premiere platform for contemporary residential design, featuring local and international furnishings, fixtures and accessories for the home.

View the schedule and exhibitors.

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Vancouver’s St. Patrick’s Day Events

by Maggie Chandler March 17, 2008

This is Vancouver’s 5th anniversary for Celtic celebrations.

The Edgewater Casino, from March 12th-16th, will bring visitors and locals together for some Celtic fun, featuring national and international artists.

St. Patrick is the patron saint of Ireland, whose population is around 4 million and the shamrock is its floral emblem. March 17th is the anniversary of the saint’s …

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Can We Improve the Air We Breathe?

by Maggie Chandler March 13, 2008

Yes! The amount of greenhouse gases in the air we breathe has risen steadily for 200 years.

In Vancouver we have pretty clean air, but we can always improve. A practical solution is to go carbon neutral by planting trees.

Tree Canada can help – people, companies and organizations. Their website says, on average, 98 trees capture and …

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West End Stats February 2008

by Maggie Chandler March 13, 2008 West End

172 Current Listings

108 listed under $500,000. 38 listed between $500,00 and $1 million. 16 between $1 million and $2 million. 10 listed over $2 million.

The least expensive listing is $152,000 for a studion in a 99 year leasehold building. The least expensive studio in a strata building is $279,000. The least expensive 2 bedroom is at 1232 …

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