Posted on
March 6, 2019
by
Ana Domingos
I have sold a property at 2506 15TH AVE W in Vancouver.
A picture perfect storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find mostly larger 50' lots amidst lovely character homes on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home with laneway on this attractive, comer lot with a south facing backyard. There are 3 bedrooms in total; 2 on the main and 1 in the partially finished basement with separate entry. The property is beautifully landscaped and has a 2 car garage with lane access.
Posted on
March 4, 2019
by
Ana Domingos
Buyer's Market - but, for how much longer?
The Metro Vancouver housing market saw increased supply from home sellers and below average demand from home buyers in February.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,484 in February 2019, a 32.8 per cent decrease from the 2,207 sales recorded in February 2018, and a 34.5 per cent increase from the 1,103 homes sold in January 2019.
Last month’s sales were 42.5 per cent below the 10-year February sales average.
“For much of the past four years, we’ve been in a sellers’ market. Conditions have shifted over the last 12 months to favour buyers, particularly in the detached home market,” Phil Moore, REBGV president said. “This means that home buyers face less competition today, have more selection to choose from and more time to make their decisions.”
There were 3,892 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2019. This represents a 7.8 per cent decrease compared to the 4,223 homes listed in February 2018 and a 19.7 per cent decrease compared to the 4,848 homes listed in January 2019.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,590, a 48.2 per cent increase compared to February 2018 (7,822) and a 7.2 per cent increase compared to January 2019 (10,808).
For all property types, the sales-to-active listings ratio for February 2019 is 12.8 per cent.
Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
“Homes priced well for today’s market are attracting interest, however, buyers are choosing to take a wait-and-see approach for the time being,” Moore said. “REALTORS® continue to experience more traffic at open houses. We’ll see if this trend leads to increased sales activity during the spring market.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,016,600. This represents a 6.1 per cent decrease over February 2018, a 6.2 per cent decrease over the past six months, and a 0.3 per cent decrease compared to January 2019.
Sales of detached homes in February 2019 reached 448, a 27.9 per decrease cent from the 621 detached sales recorded in February 2018. The benchmark price for detached properties is $1,443,100. This represents a 9.7 per cent decrease from February 2018, a 7.6 per cent decrease over the past six months, and a 0.7 per cent decrease compared to January 2019.
Sales of apartment homes reached 759 in February 2019, a 35.9 per cent decrease compared to the 1,185 sales in February 2018. The benchmark price of an apartment property is $660,300. This represents a four per cent decrease from February 2018, a 5.1 per cent decrease over the past six months, and a 0.3 per cent increase compared to January 2019.
Attached home sales in February 2019 totalled 277, a 30.9 per cent decrease compared to the 401 sales in February 2018. The benchmark price of an attached unit is $789,300. This represents a 3.3 per cent decrease from February 2018, a 6.7 per cent decrease over the past six months, and a 1.4 per cent decrease compared to January 2019.
courtesy of the Real Estate Board of Greater Vancouver
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Posted on
February 21, 2019
by
Ana Domingos
I have listed a new property at 2506 15TH AVE W in Vancouver.
A picture perfect storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find mostly larger 50' lots amidst lovely character homes on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home with laneway, or duplex on this attractive, comer lot with a south facing backyard. There are 3 bedrooms in total; 2 on the main and 1 in the partially finished basement with separate entry. The property is beautifully landscaped and has a 2 car garage with lane access. Open house Saturday 23rd 2:30-4pm.
Posted on
February 21, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Saturday, February 23, 2019 2:30PM - 4:00PM
A picture perfect storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find mostly larger 50' lots amidst lovely character homes on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home with laneway, or duplex on this attractive, comer lot with a south facing backyard. There are 3 bedrooms in total; 2 on the main and 1 in the partially finished basement with separate entry. The property is beautifully landscaped and has a 2 car garage with lane access. Open house Saturday 23rd 2:30-4pm.
Posted on
February 21, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Tuesday, February 26, 2019 10:30AM - 12:00PM
A picture perfect storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find mostly larger 50' lots amidst lovely character homes on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home with laneway, or duplex on this attractive, comer lot with a south facing backyard. There are 3 bedrooms in total; 2 on the main and 1 in the partially finished basement with separate entry. The property is beautifully landscaped and has a 2 car garage with lane access. Open house Saturday 23rd 2:30-4pm.
Posted on
February 17, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Tuesday, February 19, 2019 10:30AM - 12:00PM
A picture perfect storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home or duplex on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a large 3rd bedroom below, in a partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. OPEN: Tuesday 19th 10:30am-12pm. Welcome!
Posted on
February 15, 2019
by
Ana Domingos
I have listed a new property at 6974 COLBORNE AVE in Burnaby.
Welcome to an extra large 80 x 119 square foot corner lot in a central, sought after location. Value is mainly in the land as the house is not habitable and is sold as is, where is. A great opportunity to build your grand, luxurious home or a side by side duplex, perfect for one or two families or more, on this nice, level corner lot with lane access. Zoning is R5 and so close to Metrotown and High Gate shopping areas and to all amenities and public transportation. Please do not walk onto the property without authorization and contact listing agents for more information.
Posted on
February 14, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Saturday, February 16, 2019 2:30PM - 4:00PM
A picture perfect storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home or duplex on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a large 3rd bedroom below, in a partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. OPEN: Saturday, Feb. 16th 2:30-4pm.Welcome!
Posted on
February 11, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Tuesday, February 12, 2019 10:30AM - 12:00PM
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home or duplex on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a large 3rd bedroom below, in a partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. OPEN FEB 10TH CANCELLED. Next Open: Tues 12th 10:30-12pm.
Posted on
February 6, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Sunday, February 10, 2019 2:30PM - 4:00PM
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home or duplex on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a large 3rd bedroom below, in a partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. OPEN HOUSE: Sunday, Feb 10th 2:30-4pm. All welcome to attend.
Posted on
February 4, 2019
by
Ana Domingos
Inventory UP - Sales DOWN!
Home listings continue to increase across all housing categories in the Metro Vancouver housing market while home buyer activity remains below historical averages.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,103 in January 2019, a 39.3 per cent decrease from the 1,818 sales recorded in January 2018, and a 2.9 per cent increase from the 1,072 homes sold in December 2018.
Last month’s sales were 36.3 per cent below the 10-year January sales average and were the lowest January-sales total since 2009.
“REALTORS® are seeing more traffic at open houses compared to recent months, however, buyers are choosing to remain in a holding pattern for the time being,” Phil Moore, REBGV president said.
There were 4,848 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2019. This represents a 27.7 per cent increase compared to the 3,796 homes listed in January 2018 and a 244.6 per cent increase compared to the 1,407 homes listed in December 2018.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 10,808, a 55.6 per cent increase compared to January 2018 (6,947) and a 5.2 per cent increase compared to December 2018 (10,275).
For all property types, the sales-to-active listings ratio for January 2019 is 10.2 per cent. By property type, the ratio is 6.8 per cent for detached homes, 11.9 per cent for townhomes, and 13.6 per cent for condominiums.
Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
“Home prices have edged down across all home types in the region over the last seven months,” Moore said.
The MLS® Home Price Index composite benchmark price for all residential homes in Metro Vancouver is currently $1,019,600. This represents a 4.5 per cent decrease over January 2018, and a 7.2 per cent decrease over the past six months.
“Economic fundamentals underpinning our market for home buyers and sellers remain strong. Today’s market conditions are largely the result of the mortgage stress test that the federal government imposed at the beginning of last year,” Moore said. “This measure, coupled with an increase in mortgage rates, took away as much as 25 per cent of purchasing power from many home buyers trying to enter the market.”
Sales of detached homes in January 2019 reached 339, a 30.4 per cent decrease from the 487 detached sales recorded in January 2018. The benchmark price for detached homes is $1,453,400. This represents a 9.1 per cent decrease from January 2018, and an 8.3 per cent decrease over the past six months.
Sales of apartment homes reached 559 in January 2019, a 44.8 per cent decrease compared to the 1,012 sales in January 2018. The benchmark price of an apartment property is $658,600. This represents a 1.7 per cent decrease from January 2018, and a 6.6 per cent decrease over the past six months.
Attached home sales in January 2019 totalled 205, a 35.7 per cent decrease compared to the 319 sales in January 2018. The benchmark price of an attached unit is $800,600. This represents a 0.5 per cent decrease from January 2018, and a 6.2 per cent decrease over the past six months.
courtesy of the Real Estate Board of Greater Vancouver
Posted on
February 2, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Tuesday, February 5, 2019 10:30AM - 12:00PM
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home or duplex on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a large 3rd bedroom below, in a partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. OPEN HOUSE: Saturday Feb 2nd 2:30-4pm. All welcome to attend.
Posted on
January 28, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Tuesday, January 29, 2019 10:30AM - 12:00PM
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home or duplex on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a full, partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. Open house Tuesday 29th 10:30-12pm & Saturday Feb 2nd 2:30-4pm. All welcome to attend.
Posted on
January 28, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Saturday, February 2, 2019 2:30PM - 4:00PM
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home or duplex on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a full, partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. Open house Tuesday 29th 10:30-12pm & Saturday Feb 2nd 2:30-4pm. All welcome to attend.
Posted on
January 27, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Sunday, January 27, 2019 2:30PM - 4:00PM
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home or duplex on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a full, partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. Open house Sunday, January 27th 2:3-4pm. All welcome to attend.
Posted on
January 23, 2019
by
Ana Domingos
I have sold a property at 115 4889 53 ST in Delta.
Welcome to Green Gables, a very sought out townhome complex within walking distance to Ladner Village and to the best schools of the area. Be the first to move into a freshly renovated, extra large 2 bedroom, 2 bathroom unit with a yard size patio, perfect for pets and kids. Updates include: new maple wood floors and mouldings, 2 new bathrooms, new kitchen with new appliances, new gas fireplace insert, California closets, crown mouldings and freshly painted thoughout. Park right in front of your home and store all your extra items in the walk-in storage room right next door. Move in anytime, this unit is calling your name.
Posted on
January 21, 2019
by
Ana Domingos
Posted on
January 19, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Thursday, January 24, 2019 5:30PM - 6:30PM
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a full, partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. You are welcome to view during the opens Saturday & Sunday, January 19-20th, from 2:30-4pm.
Posted on
January 18, 2019
by
Ana Domingos
Please visit our Open House at 2506 15TH AVE W in Vancouver.
Open House on Tuesday, January 22, 2019 10:30AM - 12:00PM
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find distinctive character homes amidst 50 foot lots on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill your needs or build a brand new home on this attractive corner lot with a sunny, south facing backyard in the best part of Kits. There are 2 bedrooms on the main and a full, partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. You are welcome to view during the opens Saturday & Sunday, January 19-20th, from 2:30-4pm.
Posted on
January 17, 2019
by
Ana Domingos
I have listed a new property at 2506 15TH AVE W in Vancouver.
A storybook home sitting at the top of the hill in a lovely neighbourhood in upper Kits. In this area you will find mostly larger 50 foot lots amidst lovely character homes on a nice tree lined street. The owners have lived in the property since 1969 and have taken great care in preserving the character and charm of the home. You have an opportunity here to expand the home to fulfill oyur needs or build a brand new home on this attractive, sunny, south facing corner lot. There are 2 bedrooms on the main and a full partially finished basement with separate entry. The property is beautifully landscaped in the front and back and has a 2 car garage with lane access. You are welcome to view during the opens Sat & Sun 19-20th 2:30-4pm.
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Ambleside, West Vancouver Real Estate
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Arbutus, Vancouver West Real Estate
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Bolivar Heights, North Surrey Real Estate
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Bowen Island, Bowen Island Real Estate
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British Properties, West Vancouver Real Estate
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Burnaby Lake, Burnaby South Real Estate
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Cambie, Vancouver West Real Estate
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Central BN, Burnaby North Real Estate
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Central Lonsdale, North Vancouver Real Estate
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Coal Harbour, Vancouver West Real Estate
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Downtown VW, Vancouver West Real Estate
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Dunbar, Vancouver West Real Estate
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Economic News
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Fairview VW, Vancouver West Real Estate
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False Creek, Vancouver West Real Estate
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Forest Glen BS, Burnaby South Real Estate
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Fraser VE, Vancouver East Real Estate
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Fraserview VE, Vancouver East Real Estate
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Government Road, Burnaby North Real Estate
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Grandview VE, Vancouver East Real Estate
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Hawthorne, Ladner Real Estate
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Highgate, Burnaby South Real Estate
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January 2013
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January 2017 Update
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June Report 2011
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Kerrisdale, Vancouver West Real Estate
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Killarney VE, Vancouver East Real Estate
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Kitsilano, Vancouver Real Estate
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Kitsilano, Vancouver West
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Kitsilano, Vancouver West Real Estate
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Lions Bay Real Estate
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Lions Bay, West Vancouver Real Estate
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Lower Lonsdale, North Vancouver Real Estate
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Lynn Valley, North Vancouver Real Estate
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MacKenzie Heights, Vancouver West Real Estate
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Main, Vancouver East Real Estate
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Marpole, Vancouver West Real Estate
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Mount Pleasant VE, Vancouver East Real Estate
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Mount Pleasant VW, Vancouver West Real Estate
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North Shore Pt Moody, Port Moody Real Estate
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Oakridge VW, Vancouver West Real Estate
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Oakridge, Vancouver West Real Estate
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Oakridgr, Vancouver West Real Estate
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Qualicum North Real Estate
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Quilchena, Vancouver West Real Estate
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Real Estate Stats for Vancouver from June 2011
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Real Estate Update for August 2011
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Real Estate Update for Vancouver October 2011
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Renfrew Heights, Vancouver East Real Estate
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Renfrew VE, Vancouver East Real Estate
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S.W. Marine, Vancouver West Real Estate
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September 2011 Real Estate Update
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Shaughnessy, Vancouver West Real Estate
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South Vancouver, Vancouver East Real Estate
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Southlands, Vancouver West Real Estate
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Upper Lonsdale, North Vancouver Real Estate
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Vancouver Real Estate
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Vancouver West Real Estate
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Victoria VE, Vancouver East Real Estate
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West End VW, Vancouver West Real Estate
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Yaletown, Vancouver West Real Estate
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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.