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I have sold a property at 213 428 8TH AVE W in Vancouver.
The XL Lofts is a concrete, live/work, loft-style building located at 8th and Cambie, walking distance to Downtown and to all the great shops in the area, as well as the Cambie line. A very sought after building with a brand new roof, modern features, including an open courtyard, a gallery space and a workshop. This large, corner studio is 580 square feet, with a massive 180 square foot, south facing patio with street access. You will live comfortably in this freshly painted suite that comes with insuite laundry and one parking stall. The unit has an updated kitchen, bathroom, window coverings, fireplace insert and new floors. Rentals are allowed as well as 2 pets. Welcome!
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I have listed a new property at 213 428 8TH AVE W in Vancouver.
The XL Lofts is a concrete, live/work, loft-style building located at 8th and Cambie, walking distance to Downtown and to all the great shops in the area, as well as the Cambie line. A very sought after building with a brand new roof, modern features, including an open courtyard, a gallery space and a workshop. This large, corner studio is 580 square feet, with a massive 180 square foot, south facing patio with street access. You will live comfortably in this freshly painted suite that comes with insuite laundry and one parking stall. The unit has an updated kitchen, bathroom, window coverings, fireplace insert and new floors. Rentals are allowed as well as 2 pets. Open houses: Thursday March 8th 5:30-6:30, Sat & Sun March 10-11th 2-4pm.
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Please visit our Open House at 213 428 8TH AVE W in Vancouver.
Open House on Saturday, March 10, 2018 2:00PM - 4:00PM
The XL Lofts is a concrete, live/work, loft-style building located at 8th and Cambie, walking distance to Downtown and to all the great shops in the area, as well as the Cambie line. A very sought after building with a brand new roof, modern features, including an open courtyard, a gallery space and a workshop. This large, corner studio is 580 square feet, with a massive 180 square foot, south facing patio with street access. You will live comfortably in this freshly painted suite that comes with insuite laundry and one parking stall. The unit has an updated kitchen, bathroom, window coverings, fireplace insert and new floors. Rentals are allowed as well as 2 pets. Open houses: Thursday March 8th 5:30-6:30, Sat & Sun March 10-11th 2-4pm.
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Please visit our Open House at 213 428 8TH AVE W in Vancouver.
Open House on Sunday, March 11, 2018 2:00PM - 4:00PM
The XL Lofts is a concrete, live/work, loft-style building located at 8th and Cambie, walking distance to Downtown and to all the great shops in the area, as well as the Cambie line. A very sought after building with a brand new roof, modern features, including an open courtyard, a gallery space and a workshop. This large, corner studio is 580 square feet, with a massive 180 square foot, south facing patio with street access. You will live comfortably in this freshly painted suite that comes with insuite laundry and one parking stall. The unit has an updated kitchen, bathroom, window coverings, fireplace insert and new floors. Rentals are allowed as well as 2 pets. Open houses: Thursday March 8th 5:30-6:30, Sat & Sun March 10-11th 2-4pm.
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Home buyers were less active in February...

 

Metro Vancouver* home sales dipped below the long-term historical average in February.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent increase compared to January 2018 when 1,818 homes sold.

 

Last month’s sales were 14.4 per cent below the 10-year February sales average. By property type, detached sales were down 39.4 per cent over the same period, attached sales were down 6.8 per cent, and apartment sales were 5.5 per cent above the 10-year February average.

 

“Rising interest rates and stricter mortgage requirements have reduced home buyers’ purchasing power, particularly for those at the entry level of our market,” Jill Oudil, REBGV president said. “Even still, the supply of apartment and townhome properties for sale today is unable to meet demand. On the other hand, our detached home market is beginning to enter buyers’ market territory.”

 

There were 4,223 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2018. This represents a 15.2 per cent increase compared to the 3,666 homes listed in February 2017 and an 11.2 per cent increase compared to January 2018 when 3,796 homes were listed.

 

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 7,822, a three per cent increase compared to February 2017 (7,594) and a 12.6 per cent increase compared to January 2018 (6,947).

“The spring is traditionally the busiest time for home buyers and sellers in our market. We’ll wait to see how they react to the taxes and other policy measures that our provincial and federal governments have introduced so far this year,” Oudil said. “To help you navigate these changes in today’s housing market, it’s important to work with your local REALTOR®.”

 

For all property types, the sales-to-active listings ratio for February 2018 is 28.2 per cent. By property type, the ratio is 13 per cent for detached homes, 37.6 per cent for townhomes, and 59.7 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.

 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,071,800. This represents a 16.9 per cent increase over February 2017 and a 1.4 per cent increase compared to January 2018.

 

Sales of detached properties in February 2018 reached 621, a 16.6 per cent decrease from the 745 detached sales recorded in February 2017. The benchmark price for detached properties is $1,602,000. This represents an 8.2 per cent increase from February 2017 and is virtually unchanged from January 2018.

 

Sales of apartment properties reached 1,185 in February 2018, a 7.1 per cent decrease compared to the 1,275 sales in February 2017. The benchmark price of an apartment property is $682,800. This represents a 27.2 per cent increase from February 2017 and a 2.6 per cent increase compared to January 2018.

 

Attached property sales in February 2018 totalled 401, a 0.7 per cent decrease compared to the 404 sales in February 2017. The benchmark price of an attached unit is $819,200. This represents an 18.1 per cent increase from February 2017 and a 1.9 per cent increase compared to January 2018.

 

Courtesy of the Real Estate Board of Greater Vancouver

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I have sold a property at 461 ST. JAMES RD E in North Vancouver.
HERITAGE ESTATE FOR SALE! Rare opportunity to own a heritage lot adjacent to an old growth forest, for an additional 100'-140' of DNV evergreen park. This unique character home, on a 10,486 sq.ft. lot, built by the Guinness family, has been loved and cared for by purists. Bring your ideas and enjoy the most pristine and private lot in the upper Lonsdale corridor. South-facing, wraparound decks overlook your private creek; cedar, hemlock, vine maples can be seen from every window. This home has 3 additional play houses for the artists, gardeners and dreamers. Newly updated kitchen with Italian Carrara marble, stainless steel appliances. Genuine hardwood floors, Brazilian cherry, wildwood stained glass windows throughout in this truly unique heritage beauty.
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Ana Domingos

Cell: 604-328-6330

Office: 604-629-6100

TRG-The Residential Group Realty

#101 - 1965 West 4th Avenue

Vancouver,BC

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