Home sellers outpaced buyers on Greater Vancouver’s Multiple Listings Service® (MLS®) in June, drawing the market back toward balance this summer. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 3,262 in June, a 9.8 per cent increase compared to the 2,972 sales in June 2010 and a 3.4 per cent ...

After years of paying rent, first time homebuyers in B.C. say it’s time they started collecting it. According to the 2011 TD Canada Trust First Time Homebuyers Report, 56 per cent of first-time homebuyers in B.C. are looking for a home with a rental unit. Eighty-five per cent think the unit will generate between $500 - $1,000 per month and seven-in-ten say the extra income will go towards paying ...

Getting ready for your long-awaited vacation? Don’t forget to protect your home from break-ins with these 5 simple precautions:1. Don’t Broadcast Your Absence. We know you’re ecstatic about your long-awaited vacation, but try to contain your excitement! Don’t tell anyone you’re leaving except immediate family, very close friends, and your neighbour who you’ve asked to watch your house. As te ...

Yaletown is officially on the map! The Real Estate Board of Greater Vancouver (REBGV), effective yesterday, Thursday, June 16th, renamed the Vancouver West “False Creek North” (VVWFCN) sub-area to “Yaletown” (VVWYA). In addition to the name change (which in our opinion, is much more fitting), this newly renamed sub-area has also been expanded past Pacific Boulevard to include the area within ...

The Olympic Village in False Creek South is preparing to welcome a new neighbour to the east, Central by Onni, a unique three “tower” development unlike anything else in Vancouver. Bruce Haden and Joost Bakker, Central’s architects, are trying something different – deconstructing the vertical residential tower and laying an  8 storey “skybridge” horizontally across two 11 storey towers, one w ...

An exclusive collection of 10 boutique “green” homes is coming soon to the quiet tree-lined streets of Mackenzie Heights. The limited assortment of luxurious row homes, townhomes, and duplexes at Mackenzie Green will not only feature exquisite interior finishes, energy efficient options and timeless Edwardian architecture, but will also be steps to charming neighbourhood cafes and restaurants ...

Our May 2011 Vancouver Market Sales Absorption Report is available and ready to be emailed to you! This monthly free-no obligation sales absorption report (SAR) is designed to keep you up-to-date and on top of the Vancouver real estate market. Each monthly report covers: Analysis of the East, West and Downtown Vancouver real estate market Current monthly sales and listing stat ...