Jeff Benna
I have sold a property at 1204 821 CAMBIE ST in Vancouver.
RAFFLES on ROBSON! In the centre of it all. This is a big, two bedroom, two bath, designer decorated suite with separation for guests or sharing. Beautiful outlooks from every room. See The Library, Post Office and lights of BC place. There is a large open kitchen with top of the line stainless steel appliances. Wonderful for entertaining. Stone counters, rich floors and modern finishes. This is just the place you will want to call home. Ample space to work from home in a bright corner office or bonus flex room. Big Storage in the suite. Great building with a fourth floor rooftop deck, gym and swirlpool. Awesome location minutes walk from Yaletown, The Seawall, Library, entertainment, restaurants and shopping. It's a perfect match for your downtown lifestyle. YOU'LL LOVE IT!
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I have sold a property at 104 6076 TISDALL ST in Vancouver.
Mansion House Estates! This is a large, bright, one bedroom, not ground floor in one of Oakridge's best loved CO-OPs. Spacious living room, efficient kitchen, formal dining, and big bedroom with double closet. Balcony and parquet hardwood floors. In original condition, ready to be made your own. Well maintained concrete building with a new elevator, updated plumbing, updated roof, the exterior painted in 2016 and a new boiler in 2014. New windows are scheduled for this year and paid for by the current owner. There is an outdoor swimming pool and patio for relaxing in the summer. Sorry no pets, no rentals and 19+. Worry free living close to Oakridge Mall, The Library, Safeway, The Seniors Centre, Tisdall Park and Canada Line for easy access to Downtown and Richmond. YOU'LL LOVE IT!
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I have listed a new property at 407 9830 WHALLEY BLVD in Surrey.
KING GEORGE PARK. A well maintained, Rainscreened building. West facing ’07 unit in the tower has a warm sunny balcony. This one bedroom and one bath unit is perfect for investors or first-time buyers. Functional and efficient layout featuring a gas fireplace, insuite laundry and semi-ensuite. You can walk to SKYTRAIN, SFU, Holland Park, Surrey Public Library, Surrey Center Mall, Community Centre, Restaurants, Entertainment and much more. Relax in the building's recreation center with hot tub, exercise and games room. There is secure underground parking with lots of space for visitors.YOU’LL LOVE IT!
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I have listed a new property at 1007 9830 WHALLEY BLVD in Surrey.
KING GEORGE PARK. A well maintained, Rainscreened building. West facing ’07 unit in the tower has a warm sunny balcony. This one bedroom and one bath unit is perfect for investors or first-time buyers. Functional and efficient layout featuring a gas fireplace, insuite laundry and semi-ensuite. You can walk to SKYTRAIN, SFU, Holland Park, Surrey Public Library, Surrey Center Mall, Community Centre, Restaurants, Entertainment and much more. Relax in the building's recreation center with hot tub, exercise and games room. There is secure underground parking with lots of space for visitors.YOU’LL LOVE IT!
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I have listed a new property at 307 9830 WHALLEY BLVD in Surrey.
KING GEORGE PARK. A well maintained, Rainscreened building. West facing ’07 unit in the tower has a warm sunny balcony. This one bedroom and one bath unit is perfect for investors or first-time buyers. Functional and efficient layout featuring a gas fireplace, insuite laundry and semi-ensuite. You can walk to SKYTRAIN, SFU, Holland Park, Surrey Public Library, Surrey Center Mall, Community Centre, Restaurants, Entertainment and much more. Relax in the building's recreation center with hot tub, exercise and games room. There is secure underground parking with lots of space for visitors.YOU’LL LOVE IT!
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I have listed a new property at 903 9830 WHALLEY BLVD in Surrey.
KING GEORGE PARK. A well maintained, Rainscreened building. East facing ’03 unit in the tower has a morning sun balcony. This one bedroom and one bath unit is perfect for investors or first-time buyers. Functional and efficient layout featuring a gas fireplace, insuite laundry and semi-ensuite. You can walk to SKYTRAIN, SFU, Holland Park, Surrey Public Library, Surrey Center Mall, Community Centre, Restaurants, Entertainment and much more. Relax in the building's recreation center with hot tub, exercise and games room. There is secure underground parking with lots of space for visitors.YOU’LL LOVE IT!
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Please visit our Open House at 2 61 23RD AVE E in Vancouver.
Open House on Sunday, February 11, 2018 2:00PM - 4:00PM
MAIN STREET TOWNHOME! This is a large, two bedroom, two bath unit in a boutique development West of Main. It has it's own front door and a single car garage space. Perfect for couples or small families. The rooms are large and open with Living, Formal Dining, and a large Kitchen with Eating Area. There is a two piece bath and a full size washer and dryer. Upstairs are two bedrooms and a four piece bath, semi ensuite to the Master Bedroom. A landing at the top of the stairs is a cozy spot for a reading chair or home office space. Original, well kept condition with lots of light and open outlooks. There are two balconies and ample storage. You can walk to the shops and restaurants of Main Street, enjoy the wonderful community of the area, a tree lined street and Riley Park. YOU'LL LOVE IT!
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VANCOUVER, BC – February 2, 2018 – Attached and apartment homes are in demand across Metro Vancouver* while detached home buyers are facing less competition today.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 percent increase from the 1,523 sales recorded in January 2017, and a 9.8 percent decrease compared to December 2017 when 2,016 homes sold.

Last month’s sales were 7.1 percent above the 10-year January sales average. By property type, detached sales were down 24.8 percent from the 10-year January average, attached sales increased 14.3 percent and apartment sales were up 31.6 percent over the same period.

“Demand remains elevated and listings scarce in the attached and apartment markets across Metro Vancouver,” Jill Oudil, REBGV president said. “Buyers in the detached market are facing less competition and have much more selection to choose. For detached home sellers to be successful,it’s important to set prices that reflect today’s market trends.”

There were 3,796 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2018. This represents an 8.3 percent decrease compared to the 4,140 homes listed in January 2017 and a 100.7 percent increase compared to December 2017 when 1,891 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 6,947, a four percent decrease compared to January 2017 (7,238) and a 0.2 percent decrease compared to December 2017 (6,958).

For all property types, the sales-to-active listings ratio for January 2018 is 26.2 percent. By property type, the ratio is 11.6 percent for detached homes, 32.8 per cent for townhomes, and 57.2 percent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 percent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 percent over several months.

The MLS® Home Price Index composite benchmark price for all residential homes in Metro Vancouver is currently $1,056,500. This represents a 16.6 percent increase over January 2017 and a 0.6 percent increase compared to December 2017.

Detached home sales in January 2018 reached 487, a 9.7 percent increase from the 444 detached sales recorded in January 2017. The benchmark price for detached properties is $1,601,500. This represents an 8.3 percent increase from January 2017 and a 0.3 percent decrease compared to December 2017.

Apartment home sales reached 1,012 in January 2018, a 22.7 percent increase compared to the 825 sales in January 2017. The benchmark price of an apartment property is $665,400. This represents a 27.4 percent increase from January 2017 and a 1.5 percent increase compared to December 2017.

Attached home sales in January 2018 totalled 319, a 25.6 percent increase compared to the 254 sales in January 2017. The benchmark price of an attached unit is $803,700. This represents a 17.5 percent increase from January 2017 and unchanged compared to December 2017.

 

 

Download The Full Market Report Here

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Jeff Benna

 


 

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