June 2009

Vancouver Real Estate Analysis for West End May 2009

by Maggie Chandler June 15, 2009 West End

Compared to April, Vancouver real estate in the West End saw May listings drop 12% to 201, having reached a record high in November. Sales climbing from 26 in January to 88 in May, which is the highest for the year. The days on the market for condos that sold dropped to 49, compared to 69 in January. The average selling price was …

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Vancouver International Jazz Festival

by Maggie Chandler June 13, 2009

TD Canada Trust Vancouver International Jazz festival is held from June 25th to July 5th and consists of many venues throughout the city. Many are free concerts and some are paid concerts.

This year features a collection of up and coming artists.

Drop by O’Douls Restaurant and Bar on Robson or the Media club or Ouisi Bistro …

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Vancouver Real Estate Analysis for Coal Harbour May 2009

by Maggie Chandler June 12, 2009 Coal Harbour

Vancouver’s luxury waterfront neighbourhood of Coal harbour saw real estate sales and listings flat in May, compared to April. It was the best month since February 2008. Listings flat at 172. Days on market down from 86 to 78. Coal Harbour inventory dropped from 19 months in February to 5 1/2 months. The average sale price is now over $800,000 for condos that sold. List …

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BC Home Sales Continue to Climb

by Maggie Chandler June 11, 2009

The British Columbia Real Estate Association (BCREA) reported that Multiple Listing Service (MLS®) residential sales in the province rose 3 per cent to 8,270 units in May 2009 compared to the same month last year. It was the first year-over-year increase since December 2007. The month of May also posted the highest number of residential …

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Canada Interest Rates on the Rise

by Maggie Chandler June 10, 2009

Canadian Interest Rates have been rock bottom but now they’re on the move – upwards.

The 5 year fixed rate is up .40 bases points but the 2 and 3 year terms have been reduced by .20 bases points. We do not know if this is a permanent trend or not. If you lock in now …

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Wordless Wednesdays

by Maggie Chandler June 10, 2009 Wordless Wednesdays

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The Economist Ranks Vancouver “The Most Liveable City in the World”

by Maggie Chandler June 9, 2009

Vancouver voted the World’s Most Liveable city with a score of 98 out of 100.

AUSTRALIAN cities occupy five of the top 20 places in a British survey ranking the liveability of 140 of the world’s major centres.Melbourne ranked third in the world, behind Vancouver in Canada and the Austrian city of Vienna in the Economist …

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Vancouver Real Estate Analysis for Downtown May 2009

by Maggie Chandler June 9, 2009 Downtown

Vancouver’s Downtown condo market saw listings drop slightly to 416 (compared to 426 in March) and are the lowest since January 2008. 51 condos expired and came off the market (vs. 78 in Jan). Sales down from 129 to 117. and are the highest since Mar’08. Average days on the market for condos that sold are down to 49. The average price for Downtown condos …

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View the parade of Renovated Homes by GVHBA

by Maggie Chandler June 8, 2009

On June 14th, join the 16th annual Parade of Renovate Homes by GVHBA

Tour 17 professionally renovated homes in Burnaby, Richmond, Delta, Mission, New West, North Vancouver and Vancouver from 10am to 4pm. The homes showcase leading edge design, advanced construction techniques and innovative building products.

Projects include extreme facelifts of homes built from the ’20s to …

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Vancouver Real Estate Graphs Show Listings Down, Sales & Prices Up

by Maggie Chandler June 8, 2009

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

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