October 2008

Vancouver Property Graphs September 2008

by Maggie Chandler October 7, 2008

 Graphs tell it all!

The statistics for Vancouer real estate for September show dollar volume for Vancouver real estate sales is back to where it was in January 2007. The listings decreased during the summer but increased again during September and sales are similar to where they were in August. The prices continue to slide.

 Looking at …

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Vancouver Real Estate Prices Continue to Slide

by Maggie Chandler October 6, 2008

The REBGV reports that Greater Vancouver residential property sales declined 42.9% in September’08 to 1,585 from 2,776 sales recorded in Sept’07. Sales were flat compared to 1,568 in Aug’08.

New listings for detached, attached and apartment properties increased 28.8% to 6,142 in Sept’08 compared to Sept’07, when 4,770 new units were listed. In Aug’08 there were 4,331 …

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Luxury Waterfront Condo in Coal Harbour’s Harbour Green Two

by Maggie Chandler October 4, 2008 Coal Harbour

I’ve just listed this brand new condo in Harbour Green Two, on Coal Harbour’s Waterfront. There are currently six condo buildings on West Cordova, one under construction (Four Seasons) and one pre-selling (Harbour Green Three), so this ranks as prime Vancouver real estate.

Amenities include:
2-car private parking garage with storage
Exercise centre
Guest suite
Indoor pool and health club
Virtual golf
24-hour …

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Vancouver Real Estate Market Up, Down or Sideways?

by Maggie Chandler October 3, 2008

The average price chart for Vancouver real estate tells the story.  Since 1977,  periods in each of the past three decades there have been dips in the market. The chart also illustrates that real estate has consistently been an appreciating investment over time. The degree of increase depends on the type of unit bought and its location.
 

In 2003, …

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Vancouver Detached Properties Graph 1977-2008

by Maggie Chandler October 3, 2008

The above graph shows Vancouver real estate from 1977 to present and relates to detached properties.  The first line shows the average price, the second line shows the number of listings and the bottom line reflects units sold.

It is interesting to note that the number of sales during the 1987-1993 period (when Vancouver had a …

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New Canada Line and the Value of Vancouver Real Estate

by Maggie Chandler October 2, 2008

Landcor Data Corporation’s report “Lessons from expos 86 for the 2010 Olympic Games” looks at construction and price appreciation resulting from the Expo Line, completed in 1985 for Expo 86, and then applies the lessons learned to the Canada Line, being completed in time for the 2010 Winter Games.

Though the Vancouver real estate market may …

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Wordless Wednesdays

by Maggie Chandler October 1, 2008 Wordless Wednesdays

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Vancouver Real Estate Market Analysis for Kitsilano

by Maggie Chandler October 1, 2008 Kitsilano

Vancouver real estate market analysis for Kitsilano condos saw sales for the month of September flat at 24, versus 25 in August. Listings up from 165 to 184. Average price for sold condos dropped from $416,240 to $408,,159. Average Days on the market dropped from 37 to 32. September saw a bottom end market with no sales above $600,000 in …

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