The BCREA Commercial Leading Indicator (CLI) fell from 155.4 to 150.9 in the third quarter of 2021,representing the first decline since the economy began recovering from the COVID-19-induced recession.Compared to the same time last year, the index was up by 9 per cent.

It is important to note that while the economy generally continues recovering strongly, we are still in a very abnormal and uncertain environment for commercial real estate. Therefore, the strong economic and employment growth we have seen in previous quarters may not translate...

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A senior official at the Bank of Canada says the number of highly indebted households appears to be back on the rise as pandemic aid from governments winds down.

In a speech to conference held by the Ontario Securities Commission, deputy governor Paul Beaudry says unprecedented federal aid and restrictions that limited where consumers could spend helped bolster the finances of Canadian households during the pandemic.

But now he says that vulnerabilities linked to elevated household debt appear to be on the rise again after a slight pause.

"A key concern here is that financially stretched households...

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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales have already set a new annual record in 2021.

Highlights:

  • National home sales rose 8.6% on a month-over-month basis in October.
  • Actual (not seasonally adjusted) monthly activity was down 11.5% on a year-over-year basis.
  • The number of newly listed properties climbed by 3.2% from September to October.
  • The MLS® Home Price Index (MLS® HPI) rose 2.7% month-over-month and was up 23.4% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted an 18.2% year-over-year...
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Bright and Spacious

Updates Throughout

2 bed, 2 bath, 1124sqft

Priced at $624,800

Click here for more...

FINALLY! The search is over. Welcome to this bright, spacious and updated corner/end unit home with plenty of windows and natural light. Conveniently located w/street access in Serenity, a pet & rental friendly SFU, UniverCity townhome complex. This 2bed/2bath/1124sqft., home features: an open layout, fresh paint, quality wood flooring, crown moldings, over height ceilings, no-cord privacy blinds, cozy F/P, cute patio, tree/mountain views & much more. Enjoy the large kitchen w/SS apps,...

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Congrats to all the realtors who made the October's Top 10! To my clients, friends and family, THANK YOU for trusting me to do what I do.
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Bright and Spacious

Updates Throughout

2 bed, 2 bath, 1124sqft

Priced at $624,800

Click here for more... 

FINALLY! The search is over. Welcome to this bright, spacious and updated corner/end unit home with plenty of windows and natural light. Conveniently located w/street access in Serenity, a pet & rental friendly SFU, UniverCity townhome complex. This 2bed/2bath/1124sqft+ home features: an open layout, fresh paint, quality wood flooring, crown moldings, over height ceilings, no-cord privacy blinds, cozy F/P, cute patio, tree/mountain views & much more. Enjoy the large kitchen w/SS...

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Home sale activity in Metro Vancouver* remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,494 in October 2021, a 5.2 per cent decrease from the 3,687 sales recorded in October 2020, and an 11 per cent increase from the 3,149 homes sold in September 2021.

Last month’s sales were 22.4 per cent above the 10-year October sales average.

“Home sale activity continues to outpace what’s typical for...

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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.