Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up between August and September 2021.

Highlights:

  • National home sales rose 0.9% on a month-over-month basis in September.
  • Actual (not seasonally adjusted) activity was down 17.5% on a year-over-year basis.
  • The number of newly listed properties declined by 1.6% from August to September.
  • The MLS® Home Price Index (MLS® HPI) rose 1.7% month-over-month and was up 21.5% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 13.9% year-over-year gain...
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I am greatful for each and everyone of my clients as their support  and trust in me has enabled me to be succesful in my real estate business, thank you! Congrats to all the other top 10 realtors. 
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The British Columbia Real Estate Association (BCREA) reports that a total of 9,164 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September 2021, a decrease of 19.9 per cent from September 2020. The average MLS® residential price in BC was $913,471, a 14 per cent increase from $801,241 recorded in September 2020. Total sales dollar volume was $8.4 billion, an 8.6 per cent decline from last year.

“Home sales have settled at levels that are slightly above long-term average,” said BCREA Chief Economist Brendon Ogmundson. “The main story...

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Home sale activity remains elevated across Metro Vancouver’s* housing market while the pace of homes being listed for sale continues to follow long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,149 in September 2021, a 13.6 per cent decrease from the 3,643 sales recorded in September 2020, and a 0.1 per cent decrease from the 3,152 homes sold in August 2021.

Last month’s sales were 20.8 per cent above the 10-year September sales average.

There were 5,171 detached, attached and apartment properties newly...

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Home price acceleration, alongside continued overvaluation, as home prices further detach from fundamental factors, such as labour income, has created a high degree of vulnerability in Canada’s housing market. This according to the latest Housing Market Assessment released by Canada Mortgage and Housing Corporation (CMHC). High vulnerability at the national level is largely a reflection of problematic conditions in several local housing markets across Ontario and Eastern Canada. A high degree of vulnerability means the housing market is more vulnerable to a potential...

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Spacious & Open Layout

Lush Forest Outlook

2 Bed + Den, 2 Bath, 1024sqft

Priced at $598,800

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Bright, spacious and very private. Just a few ways to describe this immaculate one-owner home. Welcome to a 2 bed + den, 2 bath, 1024sqft home with lush forest outlook that breaks away during winter months to allow for plenty of natural light. Located in Novo II, a concrete building found in UniverCity; Vancouver's premier lifestyle neighborhood, allowing for rentals and pets. Features: new flooring, new dishwasher, open layout, plenty of counter and cupboard space, island...

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Two Level One University Home

Updated Throughout

4 bed, 3 bath, 1739sqft

Priced at $998,000

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Nestled in a gorgeous, forested outlook, this unique and amazing 4bed/3bath/1739sqft/2level home, located at One University Crescent, SFU's flagship development, will not disappoint! Features: freshly painted, new flooring throughout, over height ceilings on main lvl, expansive windows, open living & dining areas, update kitchen w/quartz counters, newer appls, tile backsplash, refaced cupboards & direct access to a massive partially covered patio. The large master has...

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The British Columbia Real Estate Association (BCREA) reports that a total 9,507 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August 2021, a decrease of 7.1 per cent over August 2020. The average MLS® residential price in BC was $901,712, a 17.2 per cent increase from $769,691 recorded in August 2020. Total sales dollar volume was $8.6 billion, an 8.9 per cent increase from last year.

“Home sales around the province have essentially returned to normal after a record setting spring,” said BCREA Chief Economist Brendon Ogmundson. “However,...

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Spectacular Home with 12’ Ceilings

Open Layout

2 Bed, 2 Bath, 1071 sqft

Priced at $598,800

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Stunning & bright corner home that will exceed your expectations. This 2bed/2bath/1071sqft home offers West exposure, green space & mountain top views, 12' ceilings, expansive windows, a spacious open plan, a covered balcony & unique foyer. Altaire is a concrete hi-rise with high-end finishing, excellent amenities & is rental & pet friendly. Features: granite counters, stainless appliances, large great room style layout, breakfast bar & excellent in-suite...

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Spectacular Home with 12’ Ceilings

Open Layout

2 Bed, 2 Bath, 1071 sqft

Priced at $598,800

Click here for more...

Stunning & bright corner home that will exceed your expectations. This 2bed/2bath/1071sqft home offers West exposure, green space & mountain top views, 12' ceilings, expansive windows, a spacious open plan, a covered balcony & unique foyer. Altaire is a concrete hi-rise with high-end finishing, excellent amenities & is rental & pet friendly. Features: granite counters, stainless appliances, large great room style layout, breakfast bar & excellent in-suite...

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Exclusive large 3-bed + den, top-floor unit w/ 400 feet of decks in this concrete building at One University Crescent. Peaceful and private views over the treetops to the mountains and gulf islands. Very bright w/ floor-to-ceiling windows on 3 sides (east, south, and west). Excellent open layout. Amenities include gym, meeting room, and pool room. Only 2 units per floor -- only 1 shared wall. Banks of EV chargers in visitor parking. No rentals. One dog or cat welcome.

Listing Offered by: ReMax Select Properties

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While home buyers have remained active in Metro Vancouver* throughout the summer, the supply of homes for sale has declined steadily since June.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.

Last month’s sales were 20.4 per cent above the 10-year August sales average.

“August was busier than expected, and listings activity isn’t keeping up with the pace of demand....

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Two Level One University Home

Updated Throughout

4 bed, 3 bath, 1739sqft

Priced at $998,000

Click here for more...

Nestled in a gorgeous, forested outlook, this unique and amazing 4bed/3bath/1739sqft/2level home, located at One University Crescent, SFU's flagship development, will not disappoint! Features: freshly painted, new flooring throughout, over height ceilings on main lvl, expansive windows, open living & dining areas, update kitchen w/quartz counters, newer appls, tile backsplash, refaced cupboards & direct access to a massive partially covered patio. The large master has pass through...

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Gorgeous Forest Views

Spacious Layout

Priced at $424,800

Click here for more... 

Investor, student and first-time buyer alert! This 1bed/1bath/545sqft above-ground home offers floor to ceiling windows and is nestled in lush forest and green space views. Features: brand new flooring throughout, freshly painted, an efficient floor plan, GE Cafe appliances, quartz counters, a spacious kitchen w/breakfast bar & covered balcony. Spacious master has large closet space & views. Altitude is Vancouver’s highest rising tower allowing rentals & pets. Bonus: locker & parking. Walk...

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Stunning Views

Desirable Location

Price at $474,800

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Gorgeous endless South facing views. Huge partially covered roof-top deck. Top floor penthouse home! Your search ends here! Located in the "The Heart" of SFU, UniverCity, in The Hub, a concrete building. This 1 bed + large den with a window, 1 bath, 621sqft home is perfect for investors, first time buyers, students & everyone else in between. Features: a spacious plan, an open North/South exposure with no shared hallways, plenty of natural light, wood floors, a kitchen with SS apps, quartz counters & plenty...

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BCREA 2021 Third Quarter Housing Forecast Update

Third Quarter – August 2021 

The pace of home sales in the province has slowed in recent months but an unprecedented start to the year still has BC on track for a record-breaking year.

An expected second-half slowdown has arrived, prompted by eroding affordability and a tightening of mortgage qualification rules. However, with the BC economy on track for very strong growth this year and next, along with the eventual return of normal migration flows, home sales are anticipated to remain well above long-run average levels into 2022.

Canadian...

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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down between June and July 2021.

Summary:

  • National home sales declined by 3.5% on a month-over-month basis in July.
  • Actual (not seasonally adjusted) activity declined by 15.2% year-over-year.
  • The number of newly listed properties dropped by 8.8% from June to July.
  • The MLS® Home Price Index (MLS® HPI) rose 0.6% month-over-month and was up 22.2% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 15.6% year-over-year gain in July.

Home sales...

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Gorgeous Forest Views

Spacious Layout

Priced at $424,800

Click here for more...

Investor, student and first-time buyer alert! This 1bed/1bath/545sqft above-ground home offers floor to ceiling windows and is nestled in lush forest and green space views. Features: brand new flooring throughout, freshly painted, an efficient floor plan, GE Cafe appliances, quartz counters, a spacious kitchen w/breakfast bar & covered balcony. Spacious master has large closet space & views. Altitude is Vancouver’s highest rising tower allowing rentals & pets. Bonus: locker & parking. Walk to: transit,...

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Rental and Pet Friendly Building

1 Bed + Den, 1 Bath, 621sqft

$474,800

Gorgeous endless South facing views. Huge partially covered roof-top deck. Top floor penthouse home! Your search ends here! Located in the "The Heart" of SFU, UniverCity, in The Hub, a concrete building. This 1 bed + large den with a window, 1 bath, 608sqft home is perfect for investors, first time buyers, students & everyone else in between. Features: a spacious plan, an open North/South exposure with no shared hallways, plenty of natural light, wood floors, a kitchen with SS apps, quartz counters & plenty of cupboards....

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VANCOUVER, BC – August 4, 2021 – Metro Vancouver’s* housing market saw more
moderate sales, listings and pricing trends in July compared to the heightened activity
experienced throughout much of the pandemic.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales recorded in July 2020, and an 11.6 per cent decrease from the 3,762 homes sold in June 2021.

Last month’s sales were 13.3 per cent above the 10-year July sales average. “Moderation...

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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. .

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.