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Vancouver Real Estate Analysis for Coal Harbour – Oct’11

by Maggie Chandler November 7, 2011 Coal Harbour

How’s the market in Vancouver’s waterfront neighbourhood of Coal Harbour? Are prices up or down? How long does it take to sell a Coal Harbour condo or townhouse? What’s the average sale price? Are listings increasing or decreasing? Is it a Buyers or Sellers market? Search for luxury coal harbour homes, find home values, local …

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Vancouver Real Estate a Good Investment since 2000

by Maggie Chandler November 7, 2011 Latest News

Analysts opinions vary regarding the length of time that real estate will double. In Vancouver it can be every 7-10 years. As the stock markets continue to go sideways, real estate may prove to be a better long term investment, given that we cannot make any more land and the population of Vancouver (and the …

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Vancouver Politics and Real Estate – Vancouver Real Estate News

by Maggie Chandler November 7, 2011 Latest News

As Vancouver Municipal elections loom, it’s interesting to look back on the history of our City and observe the role that real estate development has played in civic politics, from as early as 1886 when Vancouver’s first Mayor (a realtor) – Scotsman Malcolm Alexander MacLean – was in conflict with his rival who was the …

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Greater Vancouver Real Estate Graph for October 2011

by Maggie Chandler November 4, 2011 Home Prices and Trends

Finally good news for buyers! Greater Vancouver average price for homes and condos are both down from their peak. Townhome average price now levelling. Multiple offers, for the most part, are no longer present in this market.

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Canada a Leading Choice for Investment – Homes for sale in Vancouver

by Maggie Chandler November 3, 2011 Latest News

A February report from the Economist Intelligence Unit named Vancouver, B.C., the world’s most livable city for the fifth year in a row

Toronto and Calgary ranked fourth and fifth, and several other Canadian cities made the top 30 of the 140 cities surveyed. While urban livability is not an infallible indicator of corporate investment desirability, …

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The Cost of Waiting to Buy a Vancouver Home

by Maggie Chandler November 3, 2011 Latest News

The Cost of Waiting

If you are like many potential home buyers today, you are wondering whether home prices are going to decrease, by how much and when. You are also wondering whether instead, to buy now to take advantage of ultra-low mortgage rates.

Your choices lead to the consideration of weighing the benefits of low …

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Greater Vancouver Home Listings and Sales Decrease in October 2011

by Maggie Chandler November 2, 2011 Home Prices and Trends

With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment …

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Are Westbank Projects and Vancouver’s Mayor Scratching Each Other’s Backs? – Vancouver Homes for sale

by Maggie Chandler November 2, 2011 Latest News

Vision Vancouver mayor Gregor Robertson held an October 25 party fundraiser

It was attended by numerous developers and architects.

According to a Vancouver Sun report, the event at the Fairmont Pacific Rim hotel was organized by developer Ian Gillespie, president of Westbank Projects Corp., to coincide with the release of Vision’s economic plan.

The Vancouver Sun article neglected …

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House Values along Canada Line Soar – Homes for sale in Vancouver

by Maggie Chandler November 2, 2011 Latest News

The city of Vancouver is urging realtors and land holders not to speculate on land values along the Cambie corridor after ten homes were sold for nearly triple their value.

Ten houses on Cambie Street near 41st Avenue were recently sold for $3.4 million each as realtors anticipate construction of mid-to-high rises to begin next year.

City …

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Vancouver Real Estate Update for Luxury Condos – Oct 2011

by Maggie Chandler November 2, 2011 Local Market Data

The Vancouver luxury condo(over $2M) sales for 2011 YTD have exceeded 2010 by 30% and the average price is 12% higher than it was in January but inventory has also risen resulting in 3 years of supply.

March/April were the busiest months of the year. Market balanced in favour of buyers. October sales lower than Sept.

Currently …

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