Vancouver’s Biggest Events
October 25th, 2008 Categories: Vancouver Events, Vancouver Real Estate
Vancouver enjoys many festivals and cultural events throughout the year. Following is a list of the biggest ones, published by Business In Vancouver.
HSBC’s celebration of Light comes in first with 1.5 million people attending. This Vancouver Event held in the summer and started in the ’80s, when it was sponsored by Benson & Hedges, prior to the Government of Canada banning cigarette companies from sponsoring public events. Fireworks extraordinare!
The Fair at the PNEis the runner-up with three quarters of a million attending.
Vancouver’s Pride Parade and TD Canada Trust International Jazz Festival boasts half a million attendees.
CelticFest Vancouver. is the fifth largest event and boasts a quarter of a million attendees. Read the rest of this entry »
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Featuring Flatiron in Vancouver’s Coal Harbour Waterfront Neighbourhood
October 24th, 2008 Categories: Coal Harbour, Vancouver Real Estate
Coal Harbour’s Flatiron will be opening soon and is the neighbourhood’s newest development. It is a luxury condo located at 1277 Melville Street, Vancouver. Condos in Coal Harbour are considered the waterfront neighbourhood of choice when it comes to Vancouver real estate.
Triangles where meeting of the West End, Coal Harbour and Stanley Park. The triangular intersection of Melville, Pender and Jervis, and the Flatiron: designed with inspiration from the old triangular Flatiron building in New York City. Described as a “lithe and elegant tower”, the Flatiron makes maximum use of a small triangle of land.
The Building Flatiron will be one of Coal Harbour’s most exclusive residential buildings, with only 52 homes in a sleek 28 story tower. The 01 suites are 1392 sq.ft. and the ‘02 suites are 1272 sq.ft.Taking advantage of the extraordinary views of the water and mountains, the building features only two exclusive homes per floor, each fronting on to incredible waterfront and mountain views.
The Developer the Cathedral Development Group . Constructed by Intertech. Read the rest of this entry »
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Canada Real Estate Round UP
October 23rd, 2008 Categories: Real Estate News
Take a look at what’s happening in the Canada real estate market. The big cities of Toronto, Vancouver, Calgary are down (with the exceptiion of Montreal which is up)and the small ones like Winnipeg, Halifax, St. Johns Newfoundland are up.
Vancouver - prices down according to Vancouverreflections
Edmonton - prices down according to TheEdmontonRealEstateBlog
Calgary- prices down according to TheCalgaryRealEstateBlog
Saskatoon- prices down according to SaskatoonOnLine
Winnipeg -sellers market is changing according to WinnipegRealEstateBlog
Toronto - prices down 15% in October according to MoveSmartly
Mississagua - prices down according to MississaugaRealEstateHomes
Collingwood-BlueMountain - prices up according to CollingwoodBlueMountain RealEstateBlog Read the rest of this entry »
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Wordless Wednesdays
October 22nd, 2008 Categories: Vancouver Real Estate, Wordless Wednesdays
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Find Out Which Price Range for Vancouver Real Estate Sells the Best
October 21st, 2008 Categories: Real Estate News, Vancouver Real Estate
In this excellent Vancouver real estate buyer’s market, it’s a good idea for sellers to look at which price ranges are selling and which aren’t, then they can make an informed decision whether they should be listing their Vancouver condo, or making alternate plans.
The Real Estate Board’s stats for the year show there have been 3,051 condo sales in Vancouver (west side) til the end of September.
As Vancouver real estate prices continue to slide The best selling price range is $350,000 to $400,000 (about 17% of the total sales). Closely followed is the $300,000-350,000 (14%) and $400,000 to $450,000 (13%)price range. Concluding that most of the buyers are in the $300,000 to $450,000 range (44%). The sales start to decrease quite a bit after $550,000. Read the rest of this entry »
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Vancouver Real Estate Analysis Downtown - September 2008
October 20th, 2008 Categories: Downtown, Vancouver Housing Market, Vancouver Real Estate
Vancouver’s Downtown condo market saw listings decrease in September, versus August, and sales slightly lower. Average days on the market for condos that sold increased to 50. The average price for Downtown condos that sold dropped to only $379,000. The average $ pr sq ft for condos that sold is only $565 (given that new construction starts at $700 pr sq ft, there is real value in resale condos). 90% of the sales were under $500,000. Best selling price range is under $400,000. Vancouver’s Downtown has almost a year’s worth of inventory.
Listings - 742
49 listings under $300,000. 217 listings between $300,000 and $400,000. 200 listings between $400,000 and $500,000. 227 between $500,000 and $1 million and 43 listed over one million dollars. The most expensive is $3.8 million for 3800 sq.ft.
2008 Listings - Jan 420 , Feb 457 ,Mar 529 , Apr 630, May 669 , June 740, July 745, Aug 782, Sept 742
Sales - 62
10 sales under $300,000. 35 sold between $300,000 to $400,000. 9 sales between $400,000 and $500,000. 6 sold between $500,000 and $1 million and one condo sold at a million dollars.
Least expensive sales was $220,000 for a studio 410 sq.ft. ($536 pr sq ft). The most expensive sale was $1 million for 1492 sq.ft. ($670 pr sq ft) Read the rest of this entry »
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Vancouver Home & Interior Design Show
October 18th, 2008 Categories: Vancouver Events, Vancouver Real Estate
If you own a bit of Vancouver real estate then here’s a show for you to visit - Vancouver Home and Garden Show at BC Place Stadium from October 16th to 19th.
Visit their website
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Vancouver Real Estate Analysis False Creek North - September 2008
October 17th, 2008 Categories: False Creek North, Vancouver Housing Market, Vancouver Real Estate
Vancouver real estate analysis for False Creek North saw listings flat and sales up (two consecutive months). Days on the market dropped from 56 to 40 and the average selling price decreased from $799,000 to $631,944. The average supply of condos in this waterfront neighbourhood dropped from 18 months to 16 months and the best selling price range is between $400,000 and $500,000. The slowest selling price range is over $800,000.
Listings - 257
In False Creek North there are 14 listings under $300,000, 27 listed between $300,000 and $400,000, 27 listed between $400,000 and $500,000, 26 listed between $500,000 and $600,000, 12 listings between $600,000 and $700,000, 35 listings between $700,000 and $800,000, 36 listed between $800,000 and $900,000, 33 listings between $900,000 and $1 million and 73 listed over $1 million.
2008 Listings Feb 153, Mar 174, May 202, Jun 210, Jul 237, Aug 256, Sept 257
Sales - 16 Read the rest of this entry »
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Vancouver Real Estate West End Analysis - September 2008
October 16th, 2008 Categories: Vancouver Housing Market, West End
Vancouver real estate in the West End saw September listings up a tad from 246 in August to 257 in September. Sales were up from 25 in August to 29 in September. The days on the market for condos that sold increased from 57 to 65. The average selling price increased from $392,000 to $447,834. The West End has nearly a nine month supply of condos for sale.
Listings - 257
2008 Listings - Jan 168, Feb 172 , Apr 232 , May 241 , June 235, July 235, Aug 246, Sept 257
41 listed $300,000. 68 listings between $300,000 and $400,000. 50 listed between $400,000 and $500,000. 29 listings between $500,000 and $600,000. 39 listings between $600,000 and $1M and 30 listings over $1 million.
The least expensiveis a one bedroom at 1250 Burnaby, 540 sq.ft., 99 year leasehold concrete building with a rooftop pool for only $199,000. The most expensiveis the 717 Jervis Penthouse for $5,775,000 for 8700 sqft. Read the rest of this entry »
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Wordless Wednesdays
October 15th, 2008 Categories: Vancouver Real Estate, Wordless Wednesdays
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