Spacious 2 Bed

243sqft Fully Covered Patio

Price at $474,800

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Looking for a home with more space? Your search is over! Welcome to this spacious 2 bed , 1 bath, 829sqft home. Located in Altaire, a concrete building at UniverCity; Vancouver's premier lifestyle neighborhood. Features: spacious open layout, dining & living rooms to accommodate full size furniture, a kitchen with plenty of counter & cupboard space, SS apps, cozy F/P, extra storage plus a 243sqft fully covered patio. The well sized master has pass-through closets & access to a cheater ensuite. The 2nd...

TransLink to consider three possible routes

The dream of one day gliding up Burnaby Mountain in a gondola is one step closer to coming true, thanks to a unanimous vote of the Mayors’ Council on Regional Transportation.

Metro Vancouver mayors advanced the planning process for the proposed project Thursday. It will now go to public consultation, and TransLink staff will start trying to secure funding from senior levels of government. 

The agency’s vice-president of transportation planning and policy, Geoff Cross, explained the mountain’s topography makes it hard to build other...

Spacious 1 Bed Condo

The Heart of SFU

Price at $414,800

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Looking for that perfect 1 bed condo & can't seem to find it? Well your search ends here! Located in the "The Heart" of SFU, UniverCity, in The Hub, a concrete, LEED building. This 1bed/1bath/594sqft home is perfect for investors, first time buyers, aspiring students & everyone else in between. Features: an open concept plan, plenty of natural light, wood floors, a kitchen with SS apps, quartz counters & plenty of cupboards. The well sized master offers excellent closet space & large windows looking...

The interest rate used by the federally regulated banks in mortgage stress tests has declined for the first time since 2016, making it a bit easier to get a mortgage. This is particularly important for first-time homeowners who have been struggling to pass the B-20 stress test. The benchmark posted 5-year fixed rate has fallen from 5.34% to 5.19%. It’s the first change since May 9, 2018. And it’s the first decrease since Sept. 7, 2016, despite a 106-basis-point nosedive in Canada’s 5-year bond rate since November 8 (see chart below).

Five-Year Canadian Bond Yield

The benchmark...

The British Columbia Real Estate Association (BCREA) reports that a total of 6,960 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, a decline of 11.8 per cent from the same month last year. The average MLS® residential price in the province was $687,584, a decline of 4 per cent from June 2018. Total sales dollar volume was $4.8 billion, a 15.3 per cent decline from the same month last year. “BC home sales moderated lower in June after a stronger showing in May,” said BCREA Deputy Chief Economist Brendon Ogmundson. “While mortgage...

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were little changed in June 2019 from the previous month.

Highlights:

• National home sales edged back 0.2% month-over-month (m-o-m) in June.
• Actual (not seasonally adjusted) activity ticked up 0.3% year-over-year (y-o-y).
• The number of newly listed homes rose 0.8% m-o-m.
• The MLS® Home Price Index (HPI) climbed 0.3% m-o-m in June but was down 0.3% y-o-y.
• The actual (not seasonally adjusted) national average sale price was up 1.7% y-o-y.

Home sales recorded via Canadian MLS® Systems were...

Spacious 1 Bed Condo

The Heart of SFU

Open: July 14, from 2 to 4

Price at $414,800

Click here for more...

Looking for that perfect 1 bed condo & can't seem to find it? Well your search ends here! Located in the "The Heart" of SFU, UniverCity, in The Hub, a concrete, LEED building. This 1bed/1bath/594sqft home is perfect for investors, first time buyers, aspiring students & everyone else in between. Features: an open concept plan, plenty of natural light, wood floors, a kitchen with SS apps, quartz counters & plenty of cupboards. The well sized master offers excellent closet space &...

With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver*. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and a 21.3 per cent decrease from the 2,638 homes sold in May 2019. 

Last month’s sales were 34.7 per cent below the 10-year June sales average. This is the lowest total for the month since 2000. 

“We’re continuing to see an expectation...