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Posted on
September 28, 2021
by
Hafez Panju
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...
Posted on
September 20, 2021
by
Hafez Panju
Spacious & Open Layout
Lush Forest Outlook
2 Bed + Den, 2 Bath, 1024sqft
Priced at $598,800
Click here for more...
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...
Posted on
September 20, 2021
by
Hafez Panju
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...
Posted on
September 14, 2021
by
Hafez Panju
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,...
Posted on
September 10, 2021
by
Hafez Panju
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...
Posted on
September 3, 2021
by
Hafez Panju
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...
Posted on
September 3, 2021
by
Hafez Panju
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
Posted on
September 3, 2021
by
Hafez Panju
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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