June 2015

the changing housing stock, affordability & dynamics

Posted on Jun 30, 2015

Vancouver is Canada's third largest census metropolitan area and is home to 2.4 million people distributed across approximately 950,000 households. Its geography is constrained on all sides by natural and legal impediments to the supply of developable land. The vast suburban sprawl associated with many North American cities wasn't able to fully tak...

Read More

lions, tigers, bears and lake monsters? oh my!

Posted on Jun 22, 2015 in Community misc

Looking for a different kind of escape? Away from the ordinary? There are a couple of gems in BC that not only provide you with great beaches and gorgeous landscapes but ghosts, sea monsters and more....I mean what else could one ask for in a weekend!

British Columbia has much lore – since the early pioneer days the legends and tall tales have grown...

Read More

market elevated

Posted on Jun 16, 2015 in North Vancouver Strata

Townhome market options on Vancouver's North Shore are limited and furthermore, to specific North Vancouver and West Vancouver neighborhoods.

To digress for a moment, the difference between townhomes and apartments is that townhomes only 'common party walls' are on their sides whereas apartments (condominiums) can have 'common party walls' above, be...

Read More

less than a millions dollars

Posted on Jun 13, 2015 in North Vancouver Strata

Not all North Shore residential sales are a million dollars plus!  In fact 48% of North Shore residential sales between January and May this year were below a million dollars; 1041 of 2,168.

61% of North Vancouver residential sales (940) were less than a million dollars and 16% in West Vancouver (101).

Residential Sales January to May 2015 >$1,000,000...

Read More

continues to be competitive

Posted on Jun 11, 2015

May 2015 Market Summary was just released by the Real Estate Board of Greater Vancouver reports "It continues to be a competitive Spring market for metro Vancouver home buyers. 

There were 4,056 sales in May.  This is up 23% compared to last year and nearly 17% for the Ten Year Average for the month.  

This is the third consecutive month sales have passe...

Read More

Steady market

Posted on Jun 05, 2015

This past May the Real Estate Board of Greater Vancouver processed 247 North Shore detached homes sales compared to 277 the month before, a decrease of -10.83%.  Both North Shore's North Vancouver's 149 and West Vancouver's 98 May home sale numbers were down,  -11.31% and -10.09% respectively from April 2015.

The average cumulative days on the market...

Read More