Jeff Benna

Please visit our Open House at 303 1967 BARCLAY ST in Vancouver.
Open House on Sunday, March 11, 2018 2:00PM - 4:00PM
THE PALASADES. West of Denman, one block from Stanley Park and a short stroll to English Bay. Smart one bedroom layout in a freehold concrete building on a Gorgeous tree-lined street. Re-piped 2004. New elevator 2009. New roof 2015. Full exterior painting caulking and sealing 2016. This unit has hardwood parquet floors, big windows and a large balcony. Bathroom and Kitchen updates so you can live in and enjoy right away while you customize and design your own personal nest in the heart of the West End. Free Laundry. Parking available by wait list though strata $30-40/month. Pets OK. Rentals limited to 5. YOU'LL LOVE IT!
Read full post

VANCOUVER, BC – March 2, 2018 – Metro Vancouver* home sales dipped below the longterm 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 percent decrease from the 2,424 sales recorded in February 2017, and a 21.4 percent increase compared to January 2018 when 1,818 homes sold.

Last month’s sales were 14.4 percent below the 10-year February sales average. By property type, detached sales were down 39.4 percent over the same period, attached sales were down 6.8 percent, and apartment sales were 5.5 percent 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 percent increase compared to the 3,666 homes listed in February 2017 and an 11.2 percent 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 percent increase compared to February 2017 (7,594) and a 12.6 percent 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 percent. By property type, the ratio is 13 percent for detached homes, 37.6 percent for townhomes, and 59.7 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 properties in Metro Vancouver is currently $1,071,800. This represents a 16.9 percent increase over February 2017 and a 1.4 percent increase compared to January 2018.

Sales of detached properties in February 2018 reached 621, a 16.6 percent 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 percent increase from February 2017 and is virtually unchanged from January 2018.

Sales of apartment properties reached 1,185 in February 2018, a 7.1 percent 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 percent increase from February 2017 and a 2.6 percent increase compared to January 2018.

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

 

 

Download The Full Market Report Here

Read full post

Please visit our Open House at 706 4083 CAMBIE ST in Vancouver.
Open House on Sunday, March 4, 2018 2:00PM - 4:00PM
“CAMBIE STAR” by Yuanheng. NO GST. LEED Gold Project with AIR CONDITIONING This two bedroom two bath plus flex space is conveniently located above King Edward Canada Line Station. On the quiet side with partial views over the rooftops to Douglas Park, The mountains and water of English Bay. Enjoy everything the Cambie Village has to offer. Easy access to downtown, airport & Richmond. Walking distance to Queen Elizabeth Park, cafes, restaurants, shopping, transit and schools. Fisher & Paykel gas cook-top, double drawer dishwashers, integrated LIEBHERR refrigerator and freezer, engineered stone counter-tops and engineered hardwood floors. 1 Parking & 1 Bicycle locker. YOU’LL LOVE IT!
Read full post

I have sold a 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!
Read full post

I have listed a new property at 706 4083 CAMBIE ST in Vancouver.
“CAMBIE STAR” by Yuanheng. NO GST. LEED Gold Project with AIR CONDITIONING This two bedroom two bath plus flex space is conveniently located above King Edward Canada Line Station. On the quiet side with partial views over the rooftops to Douglas Park, The mountains and water of English Bay. Enjoy everything the Cambie Village has to offer. Easy access to downtown, airport & Richmond. Walking distance to Queen Elizabeth Park, cafes, restaurants, shopping, transit and schools. Fisher & Paykel gas cook-top, double drawer dishwashers, integrated LIEBHERR refrigerator and freezer, engineered stone counter-tops and engineered hardwood floors. 1 Parking & 1 Bicycle locker. YOU’LL LOVE IT!
Read full post

Please visit our Open House at 3533 30TH AVE W in Vancouver.
Open House on Sunday, March 4, 2018 2:00PM - 4:00PM
The perfect Dunbar family home located on a quiet tree-lined street in the heart of Westside. This is a renovated, well maintained, six bedroom, five bath, three level house. There are four bedrooms and three baths upstairs with two en-suites. The master bedroom has a five piece bath & walk-in closet. The main floor has large, bright rooms, hardwood floors, nine foot ceilings, and a two piece powder room. French doors lead out to a beautiful, covered, back yard patio which is perfect for summer evenings and year round BBQ's. Downstairs is family room with wetbar, two more bedrooms, a four piece bath, laundry room & your own private sauna. Close to the best public & private schools, parks & shopping. YOU'LL LOVE IT!
Read full post

I have sold a 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!
Read full post

I have sold a 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!
Read full post

I have listed a new property at 3533 30TH AVE W in Vancouver.
The perfect Dunbar family home located on a quiet tree-lined street in the heart of Westside. This is a renovated, well maintained, six bedroom, five bath, three level house. There are four bedrooms and three baths upstairs with two en-suites. The master bedroom has a five piece bath & walk-in closet. The main floor has large, bright rooms, hardwood floors, nine foot ceilings, and a two piece powder room. French doors lead out to a beautiful, covered, back yard patio which is perfect for summer evenings and year round BBQ's. Downstairs is family room with wetbar, two more bedrooms, a four piece bath, laundry room & your own private sauna. Close to the best public & private schools, parks & shopping. YOU'LL LOVE IT!
Read full post

I have sold a property at 2 61 23RD AVE E in Vancouver.
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!
Read full post

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!
Read full post

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!
Read full post

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!
Read full post

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!
Read full post

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!
Read full post

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!
Read full post

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!
Read full post

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

Read full post

I have sold a property at 6 1717 DUCHESS AVE in West Vancouver.
THE REGENT. This is a large two bedroom and den in an exclusive one suite per floor building. The exterior glass elevator takes you to your secure and private home. Enjoy the sun room and large wraparound decks. There are partial views of English Bay, Mt Baker and Lion’s Gate Bridge. Large rooms for your house size furniture and a great layout. Tasteful, Neutral, 90's decor acts as a clean slate for your renovation plans and ideas. Two, easy to drive in and out, side by side, under building, assigned, parking stalls and your own 15x10 garage level storage/hobby room with phone line. Meeting and exercise room on main level All this on a quiet cul-de-sac in Ambleside, steps from shopping, transit, and the beach. Sorry, no rentals, or pets and 18+ age restriction. VERY RARE, YOU'LL LOVE IT!
Read full post

I have sold a property at 3530 33RD AVE W in Vancouver.
Substantial Dunbar family home. A big 50x130 RS-5 lot with beautiful South facing backyard. Completely renovated with addition in 1978, this 6 bedroom, 3 bathroom home has lots of space for rental income while you prepare plans for your new house or renovation to update. Close to shopping, parks, the community center, St George's and Crofton Private Schools. Easy Access to UBC, Pacific Spirit Park, YVR airport and Transportation. YOU'LL LOVE IT!
Read full post
Jeff Benna

 


 

 for service in mandarin or cantonese  |     604.880.8727

 


 

RE/MAX Real Estate Services

each office independently owned & operated.

 

410-650 W 41st Avenue, North Tower, Vancouver, BC  V5Z 2M9