April 2009

Wordless Wednesdays

by Maggie Chandler April 29, 2009 Wordless Wednesdays

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Vancouver Real Estate and Things Economic

by Maggie Chandler April 28, 2009

Bank of Canada lowered their rate  this week and Vancouver real estate buyers can now get a 5 year term under 4%.However, Canadian banks are tightening up on lending.  Bank of Nova Scotia is telling mortgage brokers not to bother sending them  files for funding; construction, rentals, and anyone who is trying to buy in a company name. Expect to …

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Canada Real Estate Roundup

by Maggie Chandler April 27, 2009

Take a look at what’s happening in the Canada real estate market. Average price a year ago shows the big cities of Toronto, Vancouver, Calgary and Edmonton are down but Montreal is flat, but the Maritime Provinces, Ottawa and Winnipeg are up. The following is a release by CREA, you can hold your mouse over a specific city …

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Vancouver Real Estate Stats for False Creek South (Olympic Village)

by Maggie Chandler April 25, 2009 Olympic Village

Vancouver real estate statistics for False Creek North (Olympic Village) saw listings flat and sales up for March. We can only track the activity for this neighbourhood through MLS, not the Developers who are pre-selling, but that will eventually change and then we can get a better feel for the neighbourhood.

Listings – Feb 19,  Mar …

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Vancouver Real Estate Statistics for Downtown March 2009

by Maggie Chandler April 24, 2009 Downtown

Vancouver’s Downtown condo market saw listings drop 20% in March compared to February and are the lowest since January 2008.  69 condos expired and came off the market (vs. 78 in Jan). Sales increased 40% to 129 and are the highest since Mar’08 and have quadrupled since last December.  Average days on the market for condos flat at 51. The average price for Downtown condos that sold jumped …

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Vancouver Real Estate Statistics for False Creek North March 2009

by Maggie Chandler April 23, 2009 False Creek North

Listings Down! Sales Up! Vancouver real estate analysis for False Creek North in March(compared to February) saw listings down to 231 from 240.   Sales up to 28 from 18. Days on the market up from 41 to 77.  The average selling price down from $672,000 to $592,388.  Average $ psf is down to $600. The average supply of condos in this waterfront hood dropped to 8 …

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Wordless Wednesdays

by Maggie Chandler April 22, 2009 Wordless Wednesdays

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Vancouver Real Estate Statistics for Coal Harbour March 2009

by Maggie Chandler April 21, 2009 Coal Harbour

Vancouver’s luxury waterfront neighbourhood of Coal harbour saw real estate sales  up in March to 17 from 11 in february and its best month since April 2008. Listings down to 191, from 202 in February.  Days on market up to 75, from 47 in february.  Coal Harbour inventory dropped from 19 to 11 months. The average sale price  is down to …

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Vancouver Real Estate Analysis for West End March 2009

by Maggie Chandler April 20, 2009 West End

Vancouver real estate in the West End saw listings  down to 254 in March from 274 in February, having reached a record high for the year in November.  Sales steadily climbing from 26 in January, to 34 in February and 56 in March.  The days on the market for condos that sold increased to 67 from 44. The average selling price decreased from  $477,545 to $443,480.  80% of the sales were …

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Beach Avenue Living with Oceanview and Private Garden

by Maggie Chandler April 16, 2009 West End

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Beach Avenue living with ocean views, private garden (641 SqFt) & security. Like-new, this Designer Condo has been completely renovated to the highest quality of finishing and boasts 2 Bedrooms & Den, 3 Baths + 864 SqFt of outdoor living. Kitchen features Wenge-wood cabinets, granite countertops, limestone bar, stainless steel appliances, Grohe fixtures, glass tile …

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