Top 5 September Sales in Vancouver’s Real Estate Market

The old saying goes….”Buy low, Sell high!” That being said the recent shift in Vancouver’s market is currently offering fantastic value in the marketplace. One only has to look at the recent sales per week/month to see buyers quietly snapping up deals in the market place. Here is a snap shot of the TOP 5 sales in September in the Vancouver Real Estate Market. 

It was only yesterday that we were in multiple offer situations paying substantially over asking and happy to do so. Today, we have greater selection, lower prices, negotiable owners, great interest rates, and rarely forced to offer over asking? 

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Ritz Carlton Vancouver (PRICING - FLOOR PLANS)

THE RITZ CARLTON VANCOUVER 133 W. Georgia st

Scheduled for completion by 2011 the Ritz Carlton in Vancouver has seen swift sales over the last year. Rising 60 stories above its prime location at 133 W. Georgia Vancouver, The Ritz Carlton will offer 123 exclusive suites with an absolute one of kind Penthouse. 

The Hotel at the Ritz will occupy the first 20 floors and once complete will be the premier hotel in Vancouver. This $500 million dollar project, once complete will become the second tallest building in Vancouver behind The Shangri La, followed closely by the Georgia Residences

 

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British Columbia TOP 50 Estates

British Columbia is home to some of the most magnificent properties in the world. With majestic natural landscapes, breathtaking views, world class recreation and a strong economy it is no wonder the world is investing heavily into the Real Estate Market in British Columbia. 

Below is a look at the TOP 50 most valuable homes in British Columbia measured by assessed value and ranked in order over a 3 year period. 

Considering an Estate Purchase? 

Contanct Roland Lewis-Prudential Sussex Realty 

604.828.8080

roland@rolandlewis.com

For Current Listings & Market Update 


 

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Vancouver, BC vs Europe “Real Estate Pricing”

We were recently in the City of Dubrovnik were we met with Ivica Savinovic from Adriac Luxury Real Estate www.adriacluxuryestate.com

Here’s what we learned…

  • Buyers pays taxes and closing costs
  • The starting home price in Dubrovnik is 3500 Euros/SqM ($500/Sqft)
  • Property in the Center of Dubrovnik (Stati Grad) can fetch 10,000 Euro/SqM ($1500/Sqft)
  • Croatia is quickly becoming an investors paradise

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Vancouver Ranks 89th Most Expensive City in the World

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Mercer Human Resource Consulting
Cost of Living Survey - Worldwide Ranking 2007
(including housing)
Top 50

 

Cost of Living Top 50 List

Toronto remains the most expensive Canadian city, but dropped 35 places to number 82 in the rankings. Vancouver ranks 89th, Calgary 92nd and Montreal 98th. While the Canadian dollar has appreciated sharply against the U.S. dollar, it has depreciated nearly 13 per cent against the euro since last year’s survey. Only two North American cities crack the top 50 - New York at number 15 and Los Angeles at number 42. The ranking of all American cities fell this year because of the declining value of the U.S. dollar.

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VANCOUVER LUXURY HOME GARAGE

LOOKING FOR LUXURY PROPERTY IN VANCOUVER? 

Contact Us in the Form Below 

For Current Listings & Pricing in VANCOUVER, BC 

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