2008 Greater Vancouver Real Estate Stats

weeklyupdate.jpgVANCOUVER, B.C. – The Real Estate Board of Greater Vancouver (REBGV) reports that residential attached, detached and apartment property sales totalled 1,819 in January 2008, an increase of 0.7 per cent over the 1,806 total residential sales in January 2007 and a 5.5 per cent decline from the 1, 924 sales recorded in January 2006.New listings for detached, attached and apartment properties climbed 14.9 per cent in January 2008, compared to the 4,067units listed in January 2007. In contrast to January 2006, new listings from this January rose more dramatically, up 34.7 percent.

 

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Ubertor Blog & Vancouver Tech Meetup

As a Realtor here in Vancouver British Columbia,  I am always interested in keeping up with the latest technology and news in the industry. The Ubertor Real Estate Blog has been an excellent source for many industry professionals here in Vancouver. We area continually asking ourselves “how can we use to technology to help serve our clients better?” and with this thought in mind we enter the era of modern real estate. Every month Steve Jagger & Mike Stephanson host the  Vancouver Real Estate Technology Meetup. It is an excellent gathering of like minded professionals in Vancouver looking to excel in the field with the help of technology. Come join us and meet some of the top Realtors in Vancouver and learn how we use cutting edge marketing to help make your next move that much better!

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Sky Train will push Real Estate Prices in Coquitlam & Surrey

Real estate in Coquitlam and Surrey just got a whole lot pricier after the province announced three new SkyTrain lines yesterday.1169700328808_skytrain-pr.jpg

“It will add billions to property values,” said Don Campbell, president of the Real Estate Investment Network.

North American studies show properties increase 20 per cent if they are within 1,000 metres of transit stations. If the property is up-zoned to high-density residential, the value jumps a further 100 per cent.

Campbell has a tip for anyone owning a property near a line or thinking of buying one.

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Homer and Helmcken in Receivership

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The Greater Vancouver Home Builders Association is urging presale condo-buyers not to panic as condominium projects go into receivership.

“The sky is not falling,” Greater Vancouver Home Builders Association president Peter Simpson said yesterday.

“It’s an unfortunate situation, but it’s still a very rare occurrence.”

ast week, the Eden Group’s 81-unit Sophia went into receivership, leaving pre-sale buyers wondering what will happen to their investment. The Mount Pleasant condo was about 85-per-cent complete.

It’s at least the sixth presale development to run into problems in recent months.

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Garage Gastown Vancouver (Current Listings)

www.moderngarage.ca

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1889, 1930, 1970 and 2007 architectural elements merge and converge
Centred around intimate and vibrant courtyard
Overheight 8’9” - 10’6” ceilings
Polished concrete floors in main areas with maple hardwood floors in raised living room areas
Maple hardwood floors in raised living room
Fully-panelled kitchens featuring Miele appliances

Energy efficient Variable Refrigerant Flow heating and cooling
secured access to underground parking
Located in the centre of the Gastown district renaissance
Tailored interiors where function + form coincide
Killer design - raises the bar for urban habitats
Mix use heritage building with new construction component
Completion Summer of 2008

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Will the US economy impact our Real Estate Market in Vancouver, BC?

800px-usa_flag_map_svg.pngThe US Situation

Right now in the US, a combination of a housing slowdown and a credit crisis are heightening recession fears and slowing the economy. As a result, the economic downturn is becoming one of the most severe in decades.

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Vancouver Real Estate Statistics 2008

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Solid Vancouver Home Starts Point to a Robust Year Ahead

On the heels of one of the busiest years of new home construction, preliminary Vancouver Census Metropolitan Area (CMA) figures from the Canada Mortgage and Housing Corporation (CMHC) show home starts for January keeping pace with last year’s. A slight increase in multiple unit (semi-detached, townhouse and apartment) starts offset a small decline in single family homebuilding to keep the total number of home starts almost exactly on par with those in January 2007. Foundations were poured for 1,332 homes in January, with more than eighty per cent of those being multiple unit projects.

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Kelly Deck Design Vancouver

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We create environments that fulfill the needs and desires of its clients. A well-designed house is one in which people find themselves entirely at home. From conception to the last detail, Kelly Deck Design provides a complete design package.

Our services include:

  • Project assessment
  • Concept development
  • Consultation with related professionals
  • Collaboration with architects and developers
  • Design presentation and perspective drawings
  • Working budgets
  • Working drawings
  • Specification documents
  • Millwork packages
  • Custom furniture design and production
  • Consultation and project management throughout construction
  • Furnishing, window finishing, upholstering

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