Vancouver’s Downtown Real Estate Market Analysis August 2008
September 16th, 2008 Categories: Downtown, Vancouver Real Estate
Vancouver real estate market Downtown in August saw sales up, listings up, days on the market up and average sale price up slightly. There is an 11 month supply of condos in Vancouver’s Downtown.
Listings 782. Up from 745 in July
39 listings under $300,000. 206 between $300,000 and $400,000. 220 between $400,000 and $500,000. 213 between $500K and $700K. 64 listings between $700K and $1 million and 46 listings over $1 million.
2008 Listings Jan 420 , Feb 457 ,Mar 529 , Apr 630, May 669 , June 740, July 745, Aug 782
Sales 69. Up from 65 in July Read the rest of this entry »
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Solds Graph for Vancouver’s Condo Neighbourhoods
August 1st, 2008 Categories: Coal Harbour, Downtown, False Creek North, Kitsilano, Vancouver Real Estate, West End
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You Ain’t Seen Nothing Yet
July 20th, 2008 Categories: Downtown, Vancouver Real Estate
You don’t need to be all that old to remember when the Marine Building and Hotel Vancouver nominated the Vancouver city skyline.
Now you need sharp eyes to find them as they’re buried behnd the sea of hirise towers that have gone up in the Vancouver Downtown core The largest and tallest of them all is nearing completion. Ledcor Construction managers will oversee the completion touches on the Shangri-la Vancouver this October
Between Alberni and West Georgia Street, in the heart of Downtown Vancouver, the Shangri-la has redefined the city’s look. At 61 storeys it is the tallest structure in Vancouver , with the first 15 floors as the hotel and the remainder luxury condos. Read the rest of this entry »
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Why Vancouver Downtown Condo Supply Will Diminish and Office Space will Increase
June 20th, 2008 Categories: Downtown, Vancouver Real Estate
Vancouver City Hall is considering a ban on residential development in favour of commercial and higher density for office towers
This plan will radically reshape the Downtown business district core and keep condos at bay, so says a recent article by Frances Bula in the Vancouver Sun. The City is proposing a 20-40% higher density for office towers and Developers will be encouraged to build as high as possible without blocking designated views. There is a problem for capacity for job space in the City.
The City is also proposing that all conversions from office to condos in buildings over 50,000 square feet will be discouraged throught the new central business district, which will stretch from Bute to Beatty and Robson to Cordova. Read the rest of this entry »
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