
Friday, August 5, 2011
Impressive 3,636 sq ft Coal Harbour view condo at TWO HARBOUR GREEN

Thursday, July 14, 2011
Coal Harbour real estate market statistics - July 2011
COAL HARBOUR STATISTICSFor a more complete report on the Coal Harbour real estate market click on this link.
Building with most sales in June: Venus at 1239 W Georgia (5 sales).
On 12 July 2011, 181 condos are listed for sale: average asking price of $2,219,954, median asking price of $1,459,000.
Most active listings: Fairmont Pacific Rim Estates (1011 W Cordova) - 24, West Pender Place (1499 W Pender) - 20.
Recently I sold several impressive Coal Harbour condos. Please contact me at 604 926 3936 or christinelouw@shaw.ca if you like me to assist you in achieving a similar great result.
· 2301 - 139 W Cordova, Two Harbour Green ♦ sold in 4 days for $ 5,600,000
· 1802-1680 Bayshore ♦ sold in 5 days for $1,900,000
· high floor 04-323 Jervis, Escala ♦ sold for $1,630,000
· 506 - 590 Nicola, Cascina ♦ sold in 29 days for $1,012,500.
Greater Vancouver real estate market update - July 2011

GREATER VANCOUVER STATISTICS
- the number of residential property sales in the Greater Vancouver area increased by 9.8 %: condo sales increased by 0.6% and detached home sales by 29.1%
- new listings increased by 4.5%; the total number of listings declined by 14%
- the benchmark price of condos increased by 3.5% and of detached homes by 13.4%
For the full June 2011 report of the Real Estate Board of Greater Vancouver click on this link and scroll down.
Friday, April 1, 2011
New! SALT by Concert Properties at Hornby/Drake
Wednesday, March 30, 2011
MADDOX DOWNTOWN - New development by Cressey
Rental market is strong
Sunday, March 6, 2011
Vancouver real estate market statistics for February 2011
The Real Estate Board just released their most recent statistical information which shows that
- listings, sales and demand have increased in the first two months of 2011 and
- that some areas and categories of real estate (notably detached homes in Richmond and Vancouver Westside) have seen considerably more activity than others.
In February 2011
- the number of sales increased by 70.3% compared to January 2011 and by 25.5% compared to February 2010.
- new listings increased by 23.6% compared to February 2010 and the total number of listings increased by 5%
- the 12 month increase of the benchmark price of detached homes was 6%, of condos was 2.2% and of townhomes was 2.3%.
Statistics are not the same for all areas. Contact me if you like to know what properties sold in the last 60 days in your immediate area. Your property may be worth more than you think!
If you like to browse yourself to see current asking prices visit my websites
www.vancouver-condos.net
www.coalharbourcondos.info
www.falsecreeknorthcondos.com
www.christinelouw.com for homes
Tuesday, March 1, 2011
Bank of Canada held its overnight rate
This morning the Bank of Canada held the overnight (interest) rate at 1 percent. The overnight rate has a substantial influence on mortgage interest rates. The statement released with the decision noted the improved outlook for the Canadian economy but also the escalating geopolitical risk and the challenge to export by the rising Can dollar. The Vancouver market is increasingly active in all price ranges. On 18 March the maximum amortization period for high ratio mortgages (mortgage for more than 80 percent of the purchase price/appraised value) will be reduced from 35 to 30 years. Buyers who remove subjects before 18 March have access to the 35 year amortization period. This change will mainly affect purchases in the lower price ranges and likely not to a significant degree. At the moment this segment of the market is very active with quick sales and multiple offers; remains to be seen if this activity is in anticipation of the 18 March change or just part of the general increase of demand. For mortgage rate information see "Resources" at http://www.vancouver-condos.net and "Statistics" at http://www.coalharbourcondos.info
Friday, February 11, 2011
KITS360 - new affordable development on Fairview/Kits border
Sunday, February 6, 2011
Vancouver real estate market statistics for January 2011
- the number of sales decreased by 5.4%
- new listings decreased by 6.7%
- the total number of listings increased by 2.2%
- the benchmark price of condos increased by 1.4%, of detached homes by 2.7% and of townhomes by 2.6% However both Richmond and Vancouver West saw a strong seller's market - the price of detached homes in Richmond increased by 22.6% and in Vancouver West by 12.2%.
The stronger market in Richmond and Vancouver West must be due to the obvious increase of Asian buyers in Vancouver who predominantly prefer and buy detached homes in these two areas. For the full statistical report of the GVREB visit http://www.vancouver-condos.net and go to market trends.
