We had the chance to speak with Hafez Panju of Royal LePage Coronation West and he shared with us some great tips on what to consider about the market when you’re purchasing your home as well as his thoughts on UniverCity.

Q: We can see from your blog that you closely follow news about the Vancouver housing market. What do you tell clients who watch the market and decide to delay purchasing a home?

Hafez Panju (HP): The real estate market in Vancouver has gone through many changes over the course of the past couple of years.  Sales have trended downwards and prices have also decreased,...

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Vancouver’s housing market may depend on the strength of China’s economy as much as anything that happens in Canada.

The CHART OF THE DAY shows the relationship between growth in China’s gross domestic product and home prices in metropolitan Vancouver, Canada’s most expensive city, where Statistics Canada data show 15 percent of the population has a first language that’s a Chinese dialect.

Bank of Canada Governor Mark Carney has warned that indebted domestic consumers are a risk to the world’s 11th largest economy, and Finance Minister Jim Flaherty tightened mortgage...

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 The British Columbia Real Estate Association (BCREA) reports that a total of 5,661 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during March, up 6.6 per cent from February on a seasonally adjusted basis, but down 17.7 per cent compared to March 2012. Total sales dollar volume 

"BC home sales in March posted the largest seasonally adjusted month-to-month increase since January 2011,” said Cameron Muir, BCREA Chief Economist. “However, homes sale per capita continue to remain near a cyclical low, suggesting that pent-up demand may...

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Courtesy of UniverCity and the SFU Community Trust. 


http://univercity.ca/community/univercity-real-estate-investing/


Many homebuyers are discovering that UniverCity is an attractive and complete community, but how does its investment potential stack up against other neighbourhoods in Metro Vancouver?

An analysis prepared by Urban Analytics Inc (UAI), an independent consulting firm, answers this question, finding that UniverCity is Metro Vancouver’s best-kept secret for real estate investing.

In a report released this January, UAI looked at the financial factors that make for a good real...

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Join us at an Open House Saturday April 6 from 1:30 to 3:00

Beautiful Views

Spacious Layout

Clean & Move-in Condition

300 9300 University Cr.

Burnaby, BC

SFU, UniverCity

Bright, spacious & extremely clean! This 3bed/2bath/1285sqft luxury concrete home, located in One University Cr., offers an excellent spacious layout, shows like new & is surrounded by beautiful nature trails. Features: East/West exposurewith large covered balcony offering City & lush forest views, rich hardwood floors, 9' ceilings throughout, good size closets in all 3 rooms, open kitchen with SS appliances, quartz...

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Join us for an open house on Saturday April 6 from 1:30 to 3:30

16' Soaring Ceilings

1459 sqft, 2 Level, 3 Bed & 3 Bath Condo

Priced at $574,979

Open House: Jan 26 from 1:00 to 3:00 

 

10 9320 Universt Cr.

Burnaby, BC

Simon Fraser Univeristy, UniverCity

 

Rarely available! A stunning home w/bouns self-contained studio/flex space; perfect for home/office or suppplement income. This 1459 sqft, 3 bed/3 bath/2 level unit located in prestigious One University Cr. shows very well & is in excellent condition. Features; East/West exposure, open concept plan, soaring 16' living &...

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Lower levels of both supply and demand in recent months are holding home prices in check in the Greater Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,347 on the Multiple Listing Service® (MLS®) in March 2013. This represents an 18.3 per cent decrease compared to the 2,874 sales recorded in March 2012, and a 30.6 per cent increase compared to the 1,797 sales in February 2013.

Last month’s sales were the second lowest March total in the region since 2001 and 30.2...

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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. .

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