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Increased seller activity is giving buyers more choice this  spring

VANCOUVER, BC – April 3, 2024 – The number of Metro Vancouver1 homes listed for sale on the MLS® rose nearly 23 per cent year-over-year, providing more opportunity for buyers looking for a home this spring.

The Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,415 in March 2024, a 4.7 per cent decrease from the 2,535 sales recorded in March 2023. This was 31.2 per cent below the 10-year seasonal average (3,512).

“If you’re finding the weather a little chillier than last spring, you may find some comfort in knowing that the...

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Just Listed - 313 9319 University Cr., Burnaby, SFU, UniverCity

Large Outdoor Space

2 Bed, 2 Bath, 849sqft

Open house: April 13th from 2-4pm

Priced at $598,800

Outdoor lover ALERT!!! Huge semi-private patio with direct access to your suite; perfect for gardeners & pet owners alike. This 2bed/2bath/849sqft home will not disappoint. Features: laminate flooring throughout, open concept plan, kitchen w/plenty of cupboard & counter space, breakfast bar, SS apps, gas stove & a cozy gas F/P. The large primary bed has nook space, ensuite w/soaker & walk-in closet. Benefit from a well sized 2nd bed. Located in Harmony, a rental & pet friendly complex...

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Just Listed - 219 9339 University Cr., Burnaby, SFU, UniverCity

Studio Home w/ Patio

Efficient Layout

Open House: April 7th from 1-3pm

Priced at $389,000

Investor, student and first-time buyer alert! Excellent condition, nothing to do but move in. Located in Harmony, a rental & pet friendly building, this studio/1bath/408sqft home features: laminate floors throughout, an efficient floor plan, well-sized kitchen w/stainless apps, newer stove & microwave. Enjoy the spacious, partially covered, fully fenced patio; perfect for BBQs. Bonus: parking & built-in murphy bed included. Walk to: transit, campus, childcare, shopping, indoor/outdoor rec. &...

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Just Listed - 1301 8940 University Cr., Burnaby, SFU, UniverCity

Gorgeous, Endless Views

Penthouse Home

Open house: March 23rd, 2-4pm

Priced at $998,800

Stunning 270 degree water, mountain and city views from this gorgeous penthouse with 536sqft rooftop deck. Located in Terraces, a concrete hi-rise in UniverCity, SFU, Vancouver's premier lifestyle neighborhood. You don't want to miss this 2bed/2bath/1067sqft home! Features: open layout, excellent room separation, engineered floors, over-height ceilings, an abundance of light & 118sqft balcony. The large kitchen has SS apps, gas stove, plenty of cupboard & counter space & large island w/breakfast bar....

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Provincial Housing Market Relatively Calm Heading into Spring

The British Columbia Real Estate Association (BCREA) reports that a total of 5,497 residential unit sales were recorded in Multiple Listing Service® (MLS® ) systems in February 2024, an increase of 15.3 per cent from February 2023. The average MLS® residential price in BC in February 2024 was up 4.7 per cent at $987,798 compared to an average price of $943,574 in February 2023. The total sales dollar volume was $5.4 billion, an increase of 20.7 per cent from the same time in the previous year.

"The BC housing market is in a period of relative calm entering the spring," said BCREA Chief...

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Home sellers awaken this spring, bringing much-needed  inventory to the housing market

VANCOUVER, BC – March 4, 2024 – While Metro Vancouver1 home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market.

Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,070 in February 2024, a 13.5 per cent increase from the 1,824 sales recorded in February 2023. This was 23.3 per cent below the 10-year seasonal average (2,699).

“While the pace of home sales started the year off briskly, the pace of newly listed properties...

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2023 Achievements

Thank you to all my clients for your continued support and trust. Truly grateful and humbled to have been able to assist you with your real estate needs. Trust The Value.

2023 Year Achievements:

Royal LePage National Top 5%

Royal LePage Ruby Award Top 10% of all BC Agents

Royal LePage West Real Estate Services Top 10 (#7)

Greater Vancouver Realtors Medallion Award Top 10% of all agents

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Housing Market Activity Picks Up to Start 2024

Vancouver, BC – February 13, 2024. The British Columbia Real Estate Association (BCREA) reports that a total of 3,979 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in January 2024, an increase of 29.4 per cent from January 2023. The average MLS® residential price in BC in January 2024 was up 10.5 per cent at $957,909 compared to an average price of $866,922, the low-point for average prices over the past two years. The total sales dollar volume was $3.8 billion, an increase of 42.9 per cent from the same time in the previous year.

"Home sales...

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January 2024 Top Ten

Thank you to my clients for your support and trusting me to assist you with your real estate needs. 

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Home sales across Metro Vancouver’s housing market off to strong  start in 2024

VANCOUVER, BC – February 2, 2024 – While the Metro Vancouver1 market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the jump in home sales.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 1,427 in January 2024, a 38.5 per cent increase from the 1,030 sales recorded in January 2023. This was 20.2 per cent below the 10-year seasonal average (1,788).

“It’s hard to believe that January sales figures...

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BC Housing Market Set to Rebound Amidst Changing Interest Rate Environment

Vancouver, BC – January 25, 2024. The British Columbia Real Estate Association (BCREA) released its 2024 First Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS® ) residential sales in BC are forecast to increase 7.8 per cent to 78,775 units this year. In 2025, MLS® residential sales are forecasted to strengthen further, rising to 86,475 units.

"In 2023, the housing market faced headwinds due to elevated mortgage rates, but the recent decline in fixed mortgage rates and potential Bank of Canada rate cuts present an optimistic outlook for 2024," said Brendon...

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The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.

Global economic growth continues to slow, with inflation easing gradually across most economies. While growth in the United States has been stronger than expected, it is anticipated to slow in 2024, with weakening consumer spending and business investment. In the euro area, the economy looks to be in a mild contraction. In China, low consumer confidence and policy uncertainty will likely restrain activity....

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The 2023 Housing Market was Defined by High Rates and Slow Sales

Vancouver, BC – January 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 73,109 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2023, a 9.2 per cent decline from 80,506 units sold in 2022. The annual average MLS® residential price in BC was $971,144, a 2.6 per cent decrease from $996,943 recorded the previous year. Total sales dollar volume was $71 billion, an 11.5 per cent decline from 2022.

“The highest mortgage rates in over 15 years led to the slowest sales in a decade for BC,” said BCREA Chief Economist...

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Metro Vancouver housing market shows resilience in 2023, ending the year in balanced territory

VANCOUVER, BC – January 3, 2024– Metro Vancouver’s1 housing market closed out 2023 with balanced market conditions, but the year-end totals mask a story of surprising resilience in the face of the highest borrowing costs seen in over a decade.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 26,249 in 2023, a 10.3 per cent decrease from the 29,261 sales recorded in 2022, and a 41.5 per cent decrease from the 44,884 sales in 2021.

Last year’s sales total was 23.4 per cent below the 10-year annual sales average (34,272)....

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November 2023 Top Ten
Thank you to my clients for your support and business. Congratulations to my fellow colleagues.
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Softening Home Sales but Prices Remain Firm Across BC

Vancouver, BC – December 12, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 4,630 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in November 2023, an increase of 2.2 per cent from November 2022. The average MLS® residential price in BC was $964,246 up 6.6 per cent compared to November 2022. The total sales dollar volume was $4.5 billion, representing an 8.9 per cent increase from last year.

“Despite high mortgage rates and generally weak sales, home prices across the province have been remarkably resilient...

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Balanced conditions come to the Metro Vancouver housing market  for the holiday season

VANCOUVER, BC – December 4, 2023– With one month left in 2023, a steady increase in housing inventory is offering home buyers across Metro Vancouver1 among the largest selection to choose from since 2021.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 1,702 in November 2023, a 4.7 per cent increase from the 1,625 sales recorded in November 2022. This was 33 per cent below the 10-year seasonal average (2,538).

“We’ve been watching the number of active listings in our market increase over the past few months, which...

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BC Markets Finding Balance at Low Levels of Activity

Vancouver, BC – November 14, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 5,373 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in October 2023, an increase of 1.8 per cent from October 2022. The average MLS® residential price in BC was $968,786 up 4.1 per cent compared to October 2022. The total sales dollar volume was $5.2 billion, representing a 6 per cent increase from the same time last year.

“Home sales have slowed as expected given high borrowing costs and a punishing stress test,” said...

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Metro Vancouver housing market holds steady in October

VANCOUVER, BC – November 2, 2023 – An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver1 , but sales remain below long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales2 in the region totalled 1,996 in October 2023, a 3.7 per cent increase from the 1,924 sales recorded in October 2022. This total is 29.5 per cent below the 10-year seasonal average (2,832) for October.

“With properties coming to market at a rate roughly five per cent above the ten-year seasonal average, there...

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High Rates Will Hold Back Sales Over the Next Year

Vancouver, BC – October 25, 2023. The British Columbia Real Estate Association (BCREA) released its 2023 Fourth Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in BC are forecast to decline 4.8 per cent to 76,700 units this year. In 2024, MLS® residential sales are forecast to post a modest rebound, rising 4.8 per cent to 80,375 units.

“Activity in the BC housing market has mirrored movements by the Bank of Canada over the past two years,“ said Brendon Ogmundson, Chief Economist. “As such, there is little reason to believe...

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Simon Fraser
Market Update

Simon Fraser Condos

Altaire by Polygon

Altaire built in 2008/2009 reaches higher then any other condo building in Metro Vancouver offering panoramic views.

Novo I by Intergulf

Novo I built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Novo II by Intergulf

Novo II built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Aurora by Polygon

Aurora built in 2006 with 103 condos featuring 36 unique floor plans ranging from 715 sq ft to 1500 sq ft.

One University by Millennium

One University built in 2005 is UniverCity's flagship building with luxury homes featuring semi private elevators.

Harmony by Polygon

Harmony built in 2005 was the first condo development at Univercity & as a result offers a unique setting & views.

Serenity Townhomes by Polygon

Serenity is a collection of 2 bedroom townhomes of 1100 sq ft ranging to 4 bedroom 2000+ sq ft townhomes.

The Hub by Liberty Homes

The Hub built in 2009 is set atop Nester's Grocery and steps from High Street giving these homes an urban feel.

Verdant by VanCity Enterprises

Verdant is a two storey town home building built with environmental design and stylish living spaces which complement the modern exterior of these SFU homes.

Origin by Porte Development

Origin is designed by GBL Architect & BYU Interior Designs, developed by Porte Development Corp. and marketed by Red Dot Real Estate.

Nest by Mosaic

Located on UniverCity High Street across from the new University Highlands elementary schools this refreshing building will add further depth to a growing community.

Highland House by Liberty Homes

A 12-storey concrete high-rise development and targeted towards Rental Investors and First-Time Condo Buyers.

Lift by Porte Development

Lift will be a wood frame building comprising of 56 homes. Building technologies, environmental features, and price points should be similar to Origin.

Altitude by Hungerford Group

Altitude will be a 2 tower development comprising of a 12 and 14 story building with a total of 210 strata units.

CentreBlock by Liberty Homes

CentreBlock at UniverCity atop Burnaby Mountain is the latest condo project with sales commencing early 2014. .

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.