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Posted in Brentwood Park, Burnaby North Real Estate
Open House. Open House on Sunday, July 9, 2023 2:00PM - 4:00PM

Please visit our Open House at 1804 4178 DAWSON ST in Burnaby. See details here

Open House on Sunday, July 9, 2023 2:00PM - 4:00PM

TANDEM, developed by reputable Anthem properties, is Centrally located in the heart of Brentwood in Burnaby . This is a convenient location that is steps away from Gilmore Skytrain Station, close to transit, Save-On-Foods, Brentwood Town Centre, Kitchener Elementary, Ecole Alpha Secondary, restaurants, medical services, Brentwood Park and more. Excellent building complex with all the amenities : clubhouse, games room, fitness centre, playground, hot tub, sauna, steam room, gym, pool tables and private function room all year long . The unit features laminate and tile throughout, in suite laundry, open layout, good sized balcony and much more. Great investment opportunity as well as this area is in high demand. Open House Sunday July 9 2-4 pm

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Finding a B.C. home under $200K is a 'race against the clock' Maple Ridge, Chilliwack and Delta are the cities with the most homes under this price. Claire Wilson Claire Wilson Jun 10, 2023 6:00 AM houseinvan Cities such as Burnaby and Vancouver have no

Finding a B.C. home under $200K is a 'race against the clock'

Maple Ridge, Chilliwack and Delta are the cities with the most homes under this price.

As buyers navigate a low-supply market, finding a home under $200,000 is few and far between. 

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In B.C., cities such as Vancouver, District of North Vancouver, City of North Vancouver, Coquitlam and Burnaby have zero homes under this price, according to a new report from Point2Homes. 

The report describes finding a home of this price as a “race against the clock.” 

 

“The ones who really need to hurry and make up their minds are buyers in Abbotsford and Richmond. Each of these two cities had only one home under $200,000 at the time the data was gathered,” said the report. 

Maple Ridge is the only one which comes close to having one per cent of available housing stock under $200,000. To compare, there were no homes available under this price in 2022. 

Across Canada, 15 of the 50 largest and most expensive cities, eight of which are in B.C., have homes for sale under $200,000. 

The average home price in B.C. was 995,506 as of May 2023. This is down 5.6 per cent compared to the average price of close to $1.1 million in April 2022, according to the British Columbia Real Estate Association (BCREA). While prices have declined since 2022, May marked the third consecutive month that prices rose in the province. 

The spring market saw a renewal of activity with buyers experiencing an increase in confidence. However, the recovery in sales has not been matched by available listings. 

“As a result, average prices across the province are once again rising, recovering much of the decline since prices peaked early last year,” said Brendon Ogmundson, chief economist for BCREA, in their May report. 

At the time of the Point2Homes report, Vancouver had nearly 3,000 listings with none costing less than $200K. Of Surrey’s 2,300 homes at the time of the report's publication, there were two homes with asking prices below $200,000. 

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Posted in Whalley, North Surrey Real Estate
I have sold a property at 104 14355 103 AVE in Surrey

I have sold a property at 104 14355 103 AVE in Surrey. See details here

Beautiful, bright 2 bed 2 bath corner unit centrally located in Surrey. Close to Guildford Mall & Skytrain. Wonderfully renovated home that features laminate & tile flooring, newly renovated kitchen, bathrooms & fireplace. Bonus large, private patio to enjoy those sunny days we are blessed with. Maint. fee includes gas fireplace, saving you money! You will not find a nicer looking condo at this price! Also has in-suite laundry! Pets allowed. Extra parking available. Open cancelled as we have completed the sale.

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Posted in Brentwood Park, Burnaby North Real Estate
New property listed in Brentwood Park, Burnaby North

I have listed a new property at 1804 4178 DAWSON ST in Burnaby. See details here

TANDEM, developed by reputable Anthem properties, is Centrally located in the heart of Brentwood in Burnaby . This is a convenient location that is steps away from Gilmore Skytrain Station, close to transit, Save-On-Foods, Brentwood Town Centre, Kitchener Elementary, Ecole Alpha Secondary, restaurants, medical services, Brentwood Park and more. Excellent building complex with all the amenities : clubhouse, games room, fitness centre, playground, hot tub, sauna, steam room, gym, pool tables and private function room all year long . The unit features laminate and tile throughout, in suite laundry, open layout, good sized balcony and much more. Great investment opportunity as well as this area is in high demand

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Posted in Whalley, North Surrey Real Estate
Open House. Open House on Sunday, June 18, 2023 2:00PM - 4:00PM

Please visit our Open House at 104 14355 103 AVE in Surrey. See details here

Open House on Sunday, June 18, 2023 2:00PM - 4:00PM

Beautiful, bright 2 bed 2 bath corner unit centrally located in Surrey. Close to Guildford Mall & Skytrain. Wonderfully renovated home that features laminate & tile flooring, newly renovated kitchen, bathrooms & fireplace. Bonus large, private patio to enjoy those sunny days we are blessed with. Maint. fee includes gas fireplace, saving you money! You will not find a nicer looking condo at this price! Also has in-suite laundry! Pets allowed. Extra parking available.

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Posted in Port Moody Centre, Port Moody Real Estate
Open House. Open House on Sunday, June 18, 2023 3:00PM - 5:00PM

Please visit our Open House at 109 195 MARY ST in Port Moody. See details here

Open House on Sunday, June 18, 2023 3:00PM - 5:00PM

Great value in the heart of Port Moody! Beautifully updated 2-bedroom corner unit in Port Moody Centre. Steps away from schools, Skytrain, breweries and near Coquitlam Centre as well; making this the best value in the city! Short walk to the amazing Rocky Point as well. Newer Quartz countertops, kitchen cabinets, laminate flooring, light fixtures, electrical panel, paint throughout, newer bathroom sink, and cabinets. Nothing to do but move in and enjoy this renovated home and the wonderful, serene balcony/patio with views of the mountain. Open House Sunday 18 3-5 pm

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Posted in Port Moody Centre, Port Moody Real Estate

I have listed a new property at 109 195 MARY ST in Port Moody. See details here

Great value in the heart of Port Moody! Beautifully updated 2-bedroom corner unit in Port Moody Centre. Steps away from schools, Skytrain, breweries and near Coquitlam Centre as well; making this the best value in the city! Newer Quartz countertops, kitchen cabinets, laminate flooring, electrical panel, paint throughout, newer bathroom sink, and cabinets. Nothing to do but move in and enjoy this renovated home and the wonderful, serene balcony/patio with views of the mountain. First showings start Sat June 10 and Open House Sun June 11 2-4 pm.

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Posted in Port Moody Centre, Port Moody Real Estate

Please visit our Open House at 109 195 MARY ST in Port Moody. See details here

Open House on Sunday, June 11, 2023 2:00PM - 4:00PM

Great value in the heart of Port Moody! Beautifully updated 2-bedroom corner unit in Port Moody Centre. Steps away from schools, Skytrain, breweries and near Coquitlam Centre as well; making this the best value in the city! Newer Quartz countertops, kitchen cabinets, laminate flooring, electrical panel, paint throughout, newer bathroom sink, and cabinets. Nothing to do but move in and enjoy this renovated home and the wonderful, serene balcony/patio with views of the mountain. First showings start Sat June 10 and Open House Sun June 11 2-4 pm.

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Posted in Whalley, North Surrey Real Estate
New property listed in Whalley, North Surrey

I have listed a new property at 104 14355 103 AVE in Surrey. See details here

Beautiful, bright 2 bed 2 bath Apt. centrally located in Surrey. Close to Guildford Mall & Skytrain. Wonderfully renovated home that features laminate & tile flooring, newly renovated kitchen, bathrooms & fireplace. Bonus large, private patio to enjoy those sunny days we are blessed with. Maint. fee includes gas fireplace, saving you money! You will not find a nicer looking condo at this price! Also has in-suite laundry! Pets allowed. Open House: Sat. June 3, 11am-1pm & Sun. June 4, 2-4pm. Offers Monday at 5pm.

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Posted in Whalley, North Surrey Real Estate
Open House. Open House on Saturday, June 3, 2023 11:00AM - 1:00PM

Please visit our Open House at 104 14355 103 AVE in Surrey. See details here

Open House on Saturday, June 3, 2023 11:00AM - 1:00PM

Beautiful, bright 2 bed 2 bath Apt. centrally located in Surrey. Close to Guildford Mall & Skytrain. Wonderfully renovated home that features laminate & tile flooring, newly renovated kitchen, bathrooms & fireplace. Bonus large, private patio to enjoy those sunny days we are blessed with. Maint. fee includes gas fireplace, saving you money! You will not find a nicer looking condo at this price! Also has in-suite laundry! Pets allowed. Open House: Sat. June 3, 11am-1pm & Sun. June 4, 2-4pm. Offers Monday at 5pm.

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Posted in Whalley, North Surrey Real Estate
Open House. Open House on Sunday, June 4, 2023 2:00PM - 4:00PM

Please visit our Open House at 104 14355 103 AVE in Surrey. See details here

Open House on Sunday, June 4, 2023 2:00PM - 4:00PM

Beautiful, bright 2 bed 2 bath Apt. centrally located in Surrey. Close to Guildford Mall & Skytrain. Wonderfully renovated home that features laminate & tile flooring, newly renovated kitchen, bathrooms & fireplace. Bonus large, private patio to enjoy those sunny days we are blessed with. Maint. fee includes gas fireplace, saving you money! You will not find a nicer looking condo at this price! Also has in-suite laundry! Pets allowed. Open House: Sat. June 3, 11am-1pm & Sun. June 4, 2-4pm. Offers Monday at 5pm.

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January 2023 REBGV Greater Vancouver Market Reports

Home sales decline below long-term averages and inventory remains low

“Due to seasonality, market activity is quieter in January. With mortgage rates having risen so rapidly over the last year, we anticipated sales this month would be among the lowest in recent history. Looking forward, however, the Bank of Canada has said that it will pause further rate increases as long as the incoming economic data continues to support this policy stance. This should provide more certainty for home buyers and sellers in the market.”
Andrew Lis, REBGV Director, economics and data analytics

Inventory remains low in Metro Vancouver* while home sales dipped well below monthly historical averages in January.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,022 in January 2023, a 55.3 per cent decrease from the 2,285 sales recorded in January 2022, and a 21.1 per cent decrease from the 1,295 homes sold in December 2022.

Last month’s sales were 42.9 per cent below the 10-year January sales average.

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