I have sold a property at 3002 1500 HORNBY ST in Vancouver.
BEACH TOWER – award winning complex with elegant lobby, 24 hour concierge, indoor pool, sauna/steam room, exercise centre, 2 side by side parking, storage & direct access to the seawall. Designer makeover to this 1703sf Sub penthouse by previous owners include rich Brazilian cherry hardwood floors, crown mouldings, professional kitchen featuring granite countertops, custom cabinetry, stainless SubZero fridge & Wolfe gas stove. Living room features Tuscan stone fireplace & wet bar with wine fridge. Stunning views of False Creek & Granville Island that are offered from every room, open floor plan. 9’ ceilings & air con. Master bedroom offers sensational ensuite with steam shower and Jacuzzi tub. Aquabus steps away, Aquatic Centre & the heart of Yaletown close by. YOU’LL LOVE IT!!
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I have listed a new property at 209 2080 MAPLE ST in Vancouver.
START HERE: This is a nice size, one bedroom apartment, on the 2nd floor of a well maintained building. This Southeast corner unit overlooks the Kits streetscape. Warm, bright, functional layout with a sunny balcony and updated laminate flooring. It's mostly original inside and is just waiting for your decorating ideas and personal touches to make it your own. An amazing location in the heart of your Vancouver Lifestyle. Great 4th Ave shopping, amazing restaurants, beautiful parks, active Kits Point, the beach and the pool are literally at your doorstep. Enjoy the fireworks and the sun on a massive common rooftop deck with fantastic views. YOU'LL LOVE IT!
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Please visit our Open House at 209 2080 MAPLE ST in Vancouver.
Open House on Thursday, March 21, 2019 6:00PM - 6:00PM
START HERE: This is a nice size, one bedroom apartment, on the 2nd floor of a well maintained building. This Southeast corner unit overlooks the Kits streetscape. Warm, bright, functional layout with a sunny balcony and updated laminate flooring. It's mostly original inside and is just waiting for your decorating ideas and personal touches to make it your own. An amazing location in the heart of your Vancouver Lifestyle. Great 4th Ave shopping, amazing restaurants, beautiful parks, active Kits Point, the beach and the pool are literally at your doorstep. Enjoy the fireworks and the sun on a massive common rooftop deck with fantastic views. YOU'LL LOVE IT!
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Please visit our Open House at 209 2080 MAPLE ST in Vancouver.
Open House on Sunday, March 24, 2019 2:00PM - 4:00PM
START HERE: This is a nice size, one bedroom apartment, on the 2nd floor of a well maintained building. This Southeast corner unit overlooks the Kits streetscape. Warm, bright, functional layout with a sunny balcony and updated laminate flooring. It's mostly original inside and is just waiting for your decorating ideas and personal touches to make it your own. An amazing location in the heart of your Vancouver Lifestyle. Great 4th Ave shopping, amazing restaurants, beautiful parks, active Kits Point, the beach and the pool are literally at your doorstep. Enjoy the fireworks and the sun on a massive common rooftop deck with fantastic views. YOU'LL LOVE IT!
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Please visit our Open House at 3002 1500 HORNBY ST in Vancouver.
Open House on Sunday, March 17, 2019 2:00PM - 4:00PM
BEACH TOWER – award winning complex with elegant lobby, 24 hour concierge, indoor pool, sauna/steam room, exercise centre, 2 side by side parking, storage & direct access to the seawall. Designer makeover to this 1703sf Sub penthouse by previous owners include rich Brazilian cherry hardwood floors, crown mouldings, professional kitchen featuring granite countertops, custom cabinetry, stainless SubZero fridge & Wolfe gas stove. Living room features Tuscan stone fireplace & wet bar with wine fridge. Stunning views of False Creek & Granville Island that are offered from every room, open floor plan. 9’ ceilings & air con. Master bedroom offers sensational ensuite with steam shower and Jacuzzi tub. Aquabus steps away, Aquatic Centre & the heart of Yaletown close by. YOU’LL LOVE IT!!
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I have listed a new property at 2049 10TH AVE E in Vancouver.
SINGLE LOT DEVELOPMENT OPPORTUNITY .9 FSR. Ask about RM-8A zoning. This property is one of the few RM-8A sites in the City of Vancouver - Part of the new Grandview-Woodland Plan. Exceptional location: half block from Laura Secord school, three-minute walk to Broadway Skytrain and an easy stroll to Trout Lake & Community Centre. Perched high above street level and the Grandview Cut, on a traffic calmed street, part of the Grandview Bike Path. This new zoning, RM-8A, allows a builder real flexibility of building forms. This boutique zoning is one of the few in the city that permits a single lot to build up to three units at .9 FSR and, if assembled (with a two-lot minimum), 1.2 FSR. The house is a well maintained bungalow with high basement, 2 beds on main and a garage. YOU'LL LOVE IT!
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Please visit our Open House at 2049 10TH AVE E in Vancouver.
Open House on Thursday, March 14, 2019 6:00PM - 7:00PM
SINGLE LOT DEVELOPMENT OPPORTUNITY .9 FSR. Ask about RM-8A zoning. This property is one of the few RM-8A sites in the City of Vancouver - Part of the new Grandview-Woodland Plan. Exceptional location: half block from Laura Secord school, three-minute walk to Broadway Skytrain and an easy stroll to Trout Lake & Community Centre. Perched high above street level and the Grandview Cut, on a traffic calmed street, part of the Grandview Bike Path. This new zoning, RM-8A, allows a builder real flexibility of building forms. This boutique zoning is one of the few in the city that permits a single lot to build up to three units at .9 FSR and, if assembled (with a two-lot minimum), 1.2 FSR. The house is a well maintained bungalow with high basement, 2 beds on main and a garage. YOU'LL LOVE IT!
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Please visit our Open House at 2049 10TH AVE E in Vancouver.
Open House on Sunday, March 17, 2019 2:00PM - 4:00PM
SINGLE LOT DEVELOPMENT OPPORTUNITY .9 FSR. Ask about RM-8A zoning. This property is one of the few RM-8A sites in the City of Vancouver - Part of the new Grandview-Woodland Plan. Exceptional location: half block from Laura Secord school, three-minute walk to Broadway Skytrain and an easy stroll to Trout Lake & Community Centre. Perched high above street level and the Grandview Cut, on a traffic calmed street, part of the Grandview Bike Path. This new zoning, RM-8A, allows a builder real flexibility of building forms. This boutique zoning is one of the few in the city that permits a single lot to build up to three units at .9 FSR and, if assembled (with a two-lot minimum), 1.2 FSR. The house is a well maintained bungalow with high basement, 2 beds on main and a garage. YOU'LL LOVE IT!
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The February Market Stats Pack for East and West are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West.

  • Activity Snapshot by Property Type
  • Detached Properties Report and Graph
  • Condo Report and Graph
  • Townhomes Report and Graph
  • Benchmark Price Graph
  • Average Price Per Square Foot

If you are interested in a report like this for other areas, please contact me to request it and I'll send it to you.


DOWNLOAD HERE

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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.



DOWNLOAD THE FULL REPORT

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I have listed a new property at 2304 738 BROUGHTON ST in Vancouver.
VIEW, VIEW, VIEW. Watch the world beneath you, English Bay & sunsets at ALBERNI PLACE. This is the original Vancouver luxury building with big floor plans, large rooms and 24 hour concierge. This amazing West facing apartment has 2 LEVELS, 2 bedrooms + 2 dens and 2 side by side parking. Originally 3 bed + den & easy to convert back. A completely renovated kitchen & master suite, real oak Hardwood floors, an elegant curving feature staircase & three bathrooms (two ensuite). BIG, BOLD & GORGEOUS, double height living room & easily fits house size furniture. Impeccably maintained building, close to Robson St shopping, the City’s best restaurants, world class recreation, the Business District, The Seawall & Stanley Park. Live perfect security and comfort. Great Value @$975 psf YOU’LL LOVE IT!
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Please visit our Open House at PH3 1102 HORNBY ST in Vancouver.
Open House on Sunday, March 3, 2019 2:00PM - 2:30PM SHOWING APPOINTMENTS 2-2:30PM
PENTHOUSE 3 at “ARTEMESIA” This is an enchanting three bedroom and den + office with soaring 30' high glass jewel case windows. There are only 21 homes in this boutique residence designed by James Schouw & built by Boffo Developments. It's one of Vancouver's most sought after & distinctive developments defined by rich custom cabinetry and expansive granite counters. The gourmet kitchen features a premium line of Gaggenau appliances. Distinctive spa-like bathrooms with specialty vanishing TV mirror. Generous outdoor living. Very high acoustic ratings, geothermal heating/cooling, biometric security. Custom wine storage room & THREE parking stalls. In the Heart of Downtown with an easy walk to restaurants, shopping, the business district & Yaletown. By appointment only please. YOU’LL LOVE IT
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Please visit our Open House at 3002 1500 HORNBY ST in Vancouver.
Open House on Thursday, February 28, 2019 7:00PM - 7:30PM Showing Appointments 7-7:30pm
BEACH TOWER – award winning complex with elegant lobby, 24 hour concierge, indoor pool, sauna/steam room, exercise centre, 2 side by side parking, storage & direct access to the seawall. Designer makeover to this 1703sf Sub penthouse by previous owners include rich Brazilian cherry hardwood floors, crown mouldings, professional kitchen featuring granite countertops, custom cabinetry, stainless SubZero fridge & Wolfe gas stove. Living room features Tuscan stone fireplace & wet bar with wine fridge. Stunning views of False Creek & Granville Island that are offered from every room, open floor plan. 9’ ceilings & air con. Master bedroom offers sensational ensuite with steam shower and Jacuzzi tub. Aquabus steps away, Aquatic Centre & the heart of Yaletown close by. YOU’LL LOVE IT!!
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Please visit our Open House at 3002 1500 HORNBY ST in Vancouver.
Open House on Sunday, March 3, 2019 3:00PM - 3:30PM Showing Appointments 3-3:30pm
BEACH TOWER – award winning complex with elegant lobby, 24 hour concierge, indoor pool, sauna/steam room, exercise centre, 2 side by side parking, storage & direct access to the seawall. Designer makeover to this 1703sf Sub penthouse by previous owners include rich Brazilian cherry hardwood floors, crown mouldings, professional kitchen featuring granite countertops, custom cabinetry, stainless SubZero fridge & Wolfe gas stove. Living room features Tuscan stone fireplace & wet bar with wine fridge. Stunning views of False Creek & Granville Island that are offered from every room, open floor plan. 9’ ceilings & air con. Master bedroom offers sensational ensuite with steam shower and Jacuzzi tub. Aquabus steps away, Aquatic Centre & the heart of Yaletown close by. YOU’LL LOVE IT!!
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I have listed a new property at 3002 1500 HORNBY ST in Vancouver.
BEACH TOWER – award winning complex with elegant lobby, 24 hour concierge, indoor pool, sauna/steam room, exercise centre, 2 side by side parking, storage & direct access to the seawall. Designer makeover to this 1703sf Sub penthouse by previous owners include rich Brazilian cherry hardwood floors, crown mouldings, professional kitchen featuring granite countertops, custom cabinetry, stainless SubZero fridge & Wolfe gas stove. Living room features Tuscan stone fireplace & wet bar with wine fridge. Stunning views of False Creek & Granville Island that are offered from every room, open floor plan. 9’ ceilings & air con. Master bedroom offers sensational ensuite with steam shower and Jacuzzi tub. Aquabus steps away, Aquatic Centre & the heart of Yaletown close by. YOU’LL LOVE IT!!
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I have listed a new property at 4541 3RD AVE W in Vancouver.
VIEW! VIEW! VIEW! Spectacular North of 4th View Lot in West Point Grey. This is an oversized, 50x168 foot lot, zoned RS-1, on the North side of the street with views out the back from all three floors from Stanley Park to Point Atkinson. The house is a well maintained, 1929 built, Tudor styled family home with three bedrooms up, though hall, formal living, dining, kitchen and solarium on the main and a finished basement with one bedroom suite. Renovate or build your dream home in this irreplaceable location. Easy Access to UBC, Jericho Beach, Shopping on 10th & 4th Av and Downtown. YOU'LL LOVE IT!
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The January Market Stats Pack for East and West are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West.

  • Activity Snapshot by Property Type
  • Detached Properties Report and Graph
  • Condo Report and Graph
  • Townhomes Report and Graph
  • Benchmark Price Graph
  • Average Price Per Square Foot

If you are interested in a report like this for other areas, please contact me to request it and I'll send it to you.


DOWNLOAD HERE

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VANCOUVER, BC – February 4, 2019 – 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.



Download the Full Market Report Here.

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I have sold a property at 1101 9830 WHALLEY BLVD in Surrey.
INVESTORS and FIRST TIME HOME BUYERS - Don't miss out on this beautifully renovated one bedroom and DEN in a CONCRETE high rise. This unit has BRAND NEW stainless steel kitchen appliances, BRAND NEW washer/dryer, NEW flooring, light fixtures, paint...the list goes in! EXCEPTIONALLY close to transit (1/2 Blk), Shopping, Recreation, SFU & More! Rentals are allowed, call to book your appointment today.
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British Columbians in urban areas will have to apply for an exemption to the province's new Speculation and Vacancy Tax — or else they'll automatically pay by default.

Declaration notices will be sent by mid-February to homeowners in the Lower Mainland, Greater Victoria, Kelowna and Nanaimo in the coming weeks. They'll have until March 31 to fill out the exemption form. You can complete your declaration online as soon as you receive your declaration letter. You need the Letter ID and Declaration Code from your letter before you start.


The speculation tax was introduced to prevent housing speculation in B.C.'s overheated real estate market and help turn vacant properties into rentals. The tax targets vacant or underutilized properties, and homeowners who live at their properties — or rent them out — will be exempt.

In a release, the Ministry of Finance said more than 99 per cent of British Columbians will be exempt. However, owners still must register to claim their exemption.

It means that, of the 1.6 million households that will receive the letter, only about 32,000 homes will be taxed, according to ministry estimates.

For 2018, the tax rate is 0.5 per cent of the property's assessed value for all properties subject to the tax. For 2019 and subsequent years, the tax rate is two per cent for foreign owners and satellite families, and 0.5 per cent for Canadian citizens or permanent residents of Canada who are not members of a satellite family. Satellite families are those families where the majority of the combined income is earned outside of Canada.

If you have any questions or concerns regarding this issue please feel free to reach out to me and I will be happy to assist in any way I can.

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