Category: Uncategorized
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Vancouver home prices continue to rise
In July, the average home price in Vancouver rose 0.6% compared to June and sales surged by 28.9% to 2,455, according to the Real Estate Board of Greater Vancouver. New supply also increased with 4,649 new listings last month. The increase in sales was a result of many would-be buyers returning to the market after…
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Average rent for a one-bedroom apartment Vancouver tops $3,000 a month
Joe Pobia has been living in a bachelor suite in a Commercial Drive apartment for 10 years, but after receiving an eviction notice in April, he is now looking for a home in Vancouver, the most expensive place to rent in Canada. The average rent for a one-bedroom apartment in the city is $3,000 a…
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Vancouver home sales jump nearly 30% in July as tight market persists
In July 2023, Vancouver home sales jumped nearly 30% compared to the same month in 2022, with a total of 2,455 units sold. The MLS Home Price Index composite benchmark price for all residential properties also rose to $1,210,700, up 0.5 per cent over last year, and detached homes had a significant rise in sales…
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New Listing: 10 856 ORWELL STREET
Experience the ultimate in space and comfort with this 3-bedroom, 3-bathroom townhouse at Continuum by Brody Developments. This exclusive enclave of 23 boutique townhomes boasts attached private gated garages, captivating rooftop patios, modern A/C, efficient HRV, and instant hot water. Nestled on a serene cul-de-sac, moments from Lynnmour Elementary, parks, trails, and shopping, Continuum embodies…
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Dan Fumano: Vancouver aims to discourage single-detached houses by shrinking them
Vancouver City Hall is attempting to reduce the maximum size of single-detached houses and discourage their construction, which is opposed by some developers. This move is part of a larger effort to shift away from replacing old houses with new single-detached homes. The Province newspaper offers exclusive articles by top sports columnists, Canucks Report, Sports…
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Vancouver potentially eliminating single-family residential zoning rules
The City of Vancouver is considering a new zoning policy that would allow up to six homes on each plot of land, rather than just one. This change would allow for more space to build larger laneway houses, duplexes, fourplexes, and sixplexes, making neighbourhoods more affordable by introducing different housing options. If approved, the new…
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New Listing: 412 20325 85 AVENUE
This is an exclusive and scarce opportunity to own a 3-bedroom and 2-bathroom corner unit in the sought-after Yorkson Park Development. Situated in Langley's Willoughby Heights area, this meticulously designed A2 Plan residence by Quadra Homes boasts high desirability. It offers luxurious features such as air conditioning, a state-of-the-art kitchen with a 5-burner cooktop, two…
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Vancouver, Burnaby top Canada’s most expensive rental markets: Rentals.ca
Vancouver remains Canada's most expensive rental market, according to a report by Rentals.ca. The report showed that the average one-bedroom unit was listed at $2,945 and a two-bedroom at $3,863, well above the national average asking price of $2,042. This has been an issue for the Lower Mainland due to an imbalance between the supply…
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New Listing: 810 E 51ST AVENUE
ENTIRE Back Unit in a newly built fourplex. Ready to Occupy! Basement Rental Unit! No Strata Fees, best location and open concept layout; quiet and convenience. This will be one of the most stunning properties on the East Side. Immense attention to detail went into the functionality and design of this project. built by Reputable…
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New Listing: C2 1100 W 6TH AVENUE
RAINSCREENED & Quiet Spacious two level townhome with your own front door in a well maintained rainscreened building. Offering over 800 sqft of living space, this recently renovated one bedroom home gives you plenty of room to spread out. Open Kitchen with breakfast bar, quartz counters and stainless steel appliances. Laminate floors and new lighting…