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Posted on
June 23, 2011
by
Hafez Panju
According to MLS data for the Simon Fraser University area, specifically UniverCity of Burnaby North, during the past week there were a total of 5 new listings that came to market. This brings the total active listings on MLS to 59 including resale and pre-sale properties. The average list price is $436,987 or $474.22 per sq ft.
There were two sales recorded during the past week. The average sale price was $336,000 or $413.88 per sqft.
Contact us now if you have questions about the market in general or specifically if you would like to learn more about the Simon Fraser...
Posted on
June 23, 2011
by
Hafez Panju
Just Sold
Simon Fraser University
Novo II - 404 9262 University, Bunaby
1 bedroom + den in award winning UniverCity. Immaculate, move-in condition, with views from living room & balcony! Spacious, bright & quiet InterGulf unit boasts a great layout. Luxurious granite counter tops in bathroom and kitchen. Kitchen has S/S Frigidaire appliances & island which accommodates bar stools. Front load Frigidaire washer/dryer. Balcony is ideal for entertaining, bird watching & enjoying your view of the tranquil forest. 1 secure parking. Pets welcome. Walk to SFU, shops, restaurants,...
Posted on
June 16, 2011
by
Hafez Panju
Grammy and Juno Award-winning musician Sarah McLachlan received the degree of Doctor of Fine Arts, honoris causa at the June 15, 2011 convocation ceremony at SFU.
The Vancouver singer, songwriter and Lilith Fair founder has sold some 40 million albums worldwide and raised millions of dollars for women's charities, AIDS sufferers and inner-city kids, to name a few.
She performed two songs at the ceremony, World On Fire from her 2003 album Afterglow and Angel from her 1997 album Surfacing.
Posted on
June 16, 2011
by
Hafez Panju
According to MLS data for the Simon Fraser University area, specifically UniverCity of Burnaby North, during the month of May 2011 there were a total of 3 sales for an average cost per sqft of $365.80. Of the three sales registered through MLS two were in the resale market and one was in Origin by Port Development. This compares to 11 sales that took place in April 2011 or a decrease of approximately 77%.
Presently there are 58 active listings for an average cost per sqft of $475.39. In the month of May 17 new listing came to market compared to the month of April that saw...
Posted on
June 15, 2011
by
Hafez Panju
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province edged down one per cent to 7,857 units in May compared to the same month last year. The average MLS® residential price climbed 20 per cent to $596,872 last month compared to May 2010.
"Tighter mortgage rules, tepid employment growth and advance buying during the first quarter kept BC home sales on a lower note in May," said Cameron Muir, BCREA Chief Economist. "However, recent downward pressure on mortgage interest rates is expected to provide some...
Posted on
June 6, 2011
by
Hafez Panju
Spectacular Unit with 12’ Ceilings
Altaire at Simon Fraser University
101 9222 University
$519,800
Stunning & bright corner unit that will exceed your expectations. This 2bed/2bath, 1056sqft 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 & balance of 2-5-10 yr warranty. Features: granite, SS apps, large living room, breakfast bar & excellent closet space. Master has walk-in, & ensuite:...
Posted on
June 6, 2011
by
Hafez Panju
The Bank of Canada held its trend-setting Bank Rate at 1.25 per cent on May 31, 2011. This marks the sixth consecutive policy rate announcement for which interest rates have been kept on hold.
The Bank now sees headline inflation as staying above 3 per cent in the short term. It nonetheless maintained its inflation outlook included in its April Montary Policy Update, which indicated that inflation in Canada would hit two per cent by mid-2012.
“The Bank sets rates based on an inflation target of between one and three per cent, and it normally leans against inflation by raising interest...
Posted on
June 6, 2011
by
Hafez Panju
Home sales remained at typical springtime levels on the Multiple Listing Service® (MLS®) in Greater Vancouver in May.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 3,377 in May 2011, a 7 per cent increase compared to the 3,156 sales in May 2010 and a 4.7 per cent increase compared to the 3,225 sales in April 2011.
Looking back further, last month’s residential sales are 8.1 per cent below the ten-year average for sales in May. The three highest selling Mays ever...
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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.