October 2009

Canada Real Estate Roundup

by Maggie Chandler October 29, 2009

Slowly all of the major Canadian cities are showing real estate prices are higher than a year ago.

The average Canadian real estate price in September saw the Western cities of Vancouver, Victoria, Calgary, Regina and Winnipeg higher than a year ago. So were Toronto, Ottawa, Montreal, Newfoundland and PEI. But prices were lower in Edmonton, Saskatoon and Halifax. …

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Wordless Wednesdays

by Maggie Chandler October 28, 2009 Wordless Wednesdays

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Featuring 1790 and 1710 Bayshore Drive, Coal Harbour, Vancouver

by Maggie Chandler October 26, 2009 Coal Harbour

Bayshore Gardens consists of 7 condo buildings, of which 1790 and 1710 were the first to be built in 1997 and 1998. They are on the south west side of Bayshore Drive, Vancouver, BC

Built: 1996-97

Levels – 22

Floorplan – All 66 suites are corner condos. 1790 has 5 suites per floor, 19 storeys and is …

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Just Listed! 36th Floor 2 bedroom at The Melville, Coal Harbour, Vancouver

by Maggie Chandler October 22, 2009 Coal Harbour

Welcome home to The Melville, steps to Coal Harbour’s waterfront. This 36th floor 2 bedrooms & conservatory, 2 1/2 baths, insuite storage plus 2 parking & locker. South, East & West views of English Bay, Stanley Park & the city. Corner suite with floor to ceiling windows, hardwood floors & lovely open floor plan. Chef’s …

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Bullish Forecast for Vancouver Real Estate Market in 2010

by Maggie Chandler October 22, 2009

Central Credit Union, Chief Economist , Helmut Pastrick, projects a 30% increase in sales for BC real estate in 2010, setting new records for both sales and prices, and then falling back slightly in 2011.

“The annual medium sales price will climb to $391,000 next year and $415,000 in 2011. Pastrick also sees housing starts rebounding almost 50% …

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Wordless Wednesdays

by Maggie Chandler October 21, 2009 Wordless Wednesdays

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Vancouver Real Estate Analysis for West End

by Maggie Chandler October 20, 2009 West End

Vancouver real estate in the West End saw September listings steady at 171 (equal to feb’08) and sales at 65 (less than the peak of 88 in June) resulting in 2.6 months of inventory, second lowest month for the year after July. The days on the market for condos that sold increased from 29 to 39. The average selling price jumped to …

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Vancouver Real Estate Analysis for False Creek North

by Maggie Chandler October 19, 2009 False Creek North

Vancouver real estate analysis for False Creek North saw listings flat at 127. Sales up from 34 in August to 41 in September. Days on the market steady at 42 and equal to a year ago. The average selling price up to $714,000 and equal to a year ago. Average $ psf down slightly to $705, due to fewer sales over $1M, but higher than a year ago. The average supply of condos …

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Vancouver Real Estate Analysis for Downtown

by Maggie Chandler October 17, 2009 Downtown

Vancouver’s Downtown condo market saw listings up and sales down in September and a move up market with the middle range selling better than the bottom end. The average selling price and average $psf jumped due to more sales over $1M. Monthly sales were higher than a year ago, but lower than any of the 3 summer months. Condos that “expired” and didn’t …

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BC Housing Market Gains Momentum

by Maggie Chandler October 16, 2009

The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 68 per cent to 8,576 units in September compared to the same month last year. The average MLS® residential sales price in the province climbed 15 per cent to $474,169 from $412,149 in September 2008.

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