Wordless Wednesdays
August 27th, 2008 Categories: Vancouver Real Estate, Wordless Wednesdays
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It’s Getting Hot in Here
August 26th, 2008 Categories: Green Condos, Vancouver Real Estate
BC Hydro introduces ESTAR windows, which keeps the heat out and allows the homeowner to stay cooler inside, whilst saving money. Homeowners can save up to 7% on energy costs or about $127 a year by replacing their windows and doors with ESTAR qualified products.
ESTAR windows are also PST exempt, saving consumers an additional 7%. If just 10% of Greater Vancouver’s households replaced all of their windows with ESTAR, there would be an energy saving of more than $10.4 million a year.
Visit Natural Resources Canada’s website to find model numbers of all Energy Star labelled windows qualified under the Canadian criteria. Look for the Energy Star label.
For more info about renovations to green homes and buildings, visit BCREA’s Green Tool Kit for REALTORS.
Have a energy saving idea you’d like to share with us?
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Downtown Vancouver’s Newest Pre-Sale “Cosmo”
August 22nd, 2008 Categories: Downtown, Vancouver Real Estate
Concord Pacific have just released “Cosmo” on West Georgia Street in Downtown Vancouver.
Featuring Miele appliances, quartz stone countertops, hardwood flooring and wood carpeting. Club Cosmo on the rooftop features a lounge, terrace, outdoor spa and wellness facility. The lobby is furnished by Armani Casa.
This will be one of the final pre-sales in Vanocouver’s Downtown as there are few lots left.
Pre-register here of fill out my contact form for other Downtown Vancouver presales or resale condos.
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Vancouver Property Graphs July 2008
August 21st, 2008 Categories: Real Estate News, Vancouver Real Estate
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Wordless Wednesdays
August 20th, 2008 Categories: Vancouver Real Estate, Wordless Wednesdays
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Hitting Gold on Vancouver’s Skid Row
August 19th, 2008 Categories: Downtown, Vancouver Real Estate
Maclean’s recently published this article on the most notorious slum in Canada getting a millionaire makeover - Vancouver’s Skid Row in Downtown Eastside.
The Pacific Hotel on Main Street is coming down. Next door Ginger the new condo building is selling for as high as $900,000. The unthinkable is happening….Vancouver’s Downtown Eastside is quietly disappearing. The sold signs are everywhere - most along Hastings Street, ground zero of the city’s drug and homelessness crises.
In the past 24 months hundreds of lots have changed hands as developers and speculators snap up deeds to the Vancouver’s so-called final frontier. And some of Vancouver’s biggest players have bought in, including Holborn, the group behind the $500 million Residences at Ritz-Carlton: Westbank Projects, developers of the Shangri-La, the city’s tallest tower and Macdonald Development Corp, which hopes to erect the Downtown Eastside’s first high rise. Concord Pacific is building a glass tower along Hasting’s seediest stretch. Then there’s Salt, a chic charcuterie in Blood Alley. Read the rest of this entry »
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Vancouver Condo Neighbourhood Sales for 2008
August 18th, 2008 Categories: Real Estate News
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Vancouver’s Downtown Market Analysis July 2008
August 16th, 2008 Categories: Downtown, Vancouver Real Estate
Vancouver’s Downtown market in July saw listings level off (745 vs 740 in June). The sales were down to 65 from 102 in June. The average days on market was up to 39, from 32. The average price was down to $403,000 from $460,000. 80% of the sales were under $500,000 ( vs 75% in June) and no sales over $800,000….very much a bottom end market.
Listings - 745
Vancouver’s Downtown has a months supply for condos listed under $500,000. A months supply for listings between $500,000 and $1 million and no takers for condos over $900,000 this month.
2008 Listings Jan 420 , Feb 457 ,Mar 529 , Apr 630, May 669 , June 740, July 745
Solds 65. 23 had list price reductions, 1 had a list price increase!
52 sold under $500,000 and the rest sold under $800,000.
2008 SALES - Jan 109, Feb 137 , Mar 139, Apr 114, May 86, June 102, July 65
Expired Listings (didn’t sell) 67 vs. 48 in June and 20 in July’07
Days on the Market - 39
Average Sale Price - $403,793
Average $ pr sq ft - $598
Did you know you can search for Downtown listings on this site? Read my other posts on Vancouver’s Downtown.Buying or selling in Vancouver’s Downtown? Please fill out my contact form.this site is updated regularly, subscribe via RSS or email FOR FREE
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Vancouver Kitsilano’s Market Analysis July 2008
August 15th, 2008 Categories: Kitsilano, Vancouver Real Estate
Vancouver’s Kitsilano condo neighbourhood saw sales for the month of July increase to 38 from 35 in June and listings at 159 versus 157 in June. Average $ pr sq ft and average price for sold condos were both up. Days on the market 43, up from June. Market bottoming?
Listings - 159. 46 of those Kitsilano listings had list price reductions (vs. 57 in June). 99 are listed under $500,000 and 52 listed between $500,000 and $1 million. 6 are listed between $1 and 2 million and 1 listed over $2 million.
Sales - 38. 14 Kitsilano condos had list price reductions (vs. 13 in June). 26 sold under $500,000 and 12 sold between $500,000 and $1 million. There is a 3.8 month supply of Kitsilano condos under $500K and a 4.3 month supply for condos between $500K and $1 million. No market for Kitsilano condos over $1 million for the month of July 2008.
2008 SALES - Jan 26, Feb 44 , Mar 20, Apr 42, May 45, June 35, July 38 Read the rest of this entry »
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Vancouver’s False Creek North Market Analysis July 2008
August 14th, 2008 Categories: False Creek North, Vancouver Real Estate
Vancouver’s False Creek North neighbourhood saw listings up from 210 in June to 237 and sales drop substantially from 17 to 9. The average $ pr sq ft dropped from $733 to $688. Aaverage price was down from $713 in June to $550. The days on the market dropped from 59 to 46. Market run out of steam?
Listings - 237. 82 False Creek North condos had a price reduction and one increased their price. 33 are listed under $500,000. 136 are listed between $500,000 and $1 million. 46 are listed between $1 and 2 million. 11 between $2 and 3 million and 5 between $3 and 4 million and the Penthouse at 1000 Beach at $14,800 for nearly 8000 sq.ft.
The least expensive l bedroom is $329,00. The least expensive 2 bedroom is $399,000.
Sales 9 . False Creek North had 4 sales under $500,000 and 5 sold between $500,000 and $1 million. Read the rest of this entry »
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