April 2009

Affordability Drives Vancouver Real Estate Sales Higher

by Maggie Chandler April 16, 2009

British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 35 per cent to $2.3 billion in March, compared to the same month last year. Residential unit sales declined 25 per cent to 5,464 units during the same period. The average MLS® residential price …

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Wordless Wednesdays

by Maggie Chandler April 15, 2009 Wordless Wednesdays

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Genworth Financial Tightens Mortgage Guidelines

by Maggie Chandler April 14, 2009

Genworth Financial is Canada’s second biggest mortgage default insurer and is reportedly making several changes to its insurance offerings, effective April 18th. The changes will effect new borrowers with less than 20% down, who use a lender than insure with Genworth.

Among other things, Genworth is …

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Vancouver Real Estate Stats for Kitsilano March 2009

by Maggie Chandler April 10, 2009 Kitsilano

Vancouver real estate market stats for Kitsilano condos saw sales jump 70% in March, compared to February and were higher than any of the last 15 months. Listings up slightly from 107 to 122. Average price for sold condos down to $406,841 from $416,000. Average Days on the market for sold condos down to 35. List price to sale price ratio flat. March …

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A new survey on affordability and green housing reveals BC trends

by Maggie Chandler April 9, 2009

A survey of homeowners and renters across British Columbia suggests that, when it comes to housing, affordability concerns and making smart green choices are top of mind for most BC residents.Sponsored by the British Columbia Real Estate Association (BCREA), the January 2009 Mustel Group survey examines the top affordability barriers in the province and how …

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wordless wednesdays

by Maggie Chandler April 8, 2009 Wordless Wednesdays

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Vancouver Real Estate Graphs

by Maggie Chandler April 6, 2009

Above are the Vancouver real estate graphs for March 2009, for houses, townhouses and condos in Vancouver west side. They show an improvement in the market.

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1616 Bayshore Drive, Coal Harbour, Vancouver

by Maggie Chandler April 3, 2009 Coal Harbour

Vancouver’s waterfront neighbourhood of Coal Harbour has seven condo buildings on Bayshore Drive and 1616 Bayshore is the final one at Bayshore Gardens

Address – 1616 Bayshore Drive, Vancouver, B.C. V6G 3L1

Levels – 25 and 69 units with entertainment size balconies. The 22nd – 24th floors have only 3 suites per floor and the 25th …

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Vancouver Real Estate Market Improves Again in March 2009

by Maggie Chandler April 2, 2009

The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season.

Home sales in March 2009 returned to levels witnessed at the beginning of the decade, with 2,265 sales recorded across Metro Vancouver for the month, a 53 per cent increase over February but …

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