by Sebastian on January 30, 2009
The Qube is a 12 storey, 181 suite condo development in Coal Harbour, Vancouver. Originally built in the 1960s as an office tower, it was converted to condominiums in 2006. It’s one of the most recognizable structures in the City of Vancouver (built to be earthquake proof).
The fact that it was originally an office tower [...]
by Sebastian on January 29, 2009
The recent (2009) federal budget proposed by the governing Conservative party contains a number of measures that are intended to stimulate the economy. It’s clear that the government feels that the housing market is a critical element of a robust economy from what is contained in the budget.
There are three key elements that are meant [...]
by Sebastian on January 28, 2009
There wasn’t a big difference between the second week of January and this past week in the Vancouver real estate market. In fact, that’s three weeks in a row that we’ve seen relatively stable numbers across the board.
New Listings stopped increasing. We saw only a 0.58% increase over the previous week to 344 New Listings. [...]
by Sebastian on January 24, 2009
There’s a Vancouver real estate developer that is suing pre-sale buyers that are trying to back out of contracts. Amacon has filed a lawsuit against seven buyers that have defaulted on their contracts to buy condos at Amacon’s Morgan Heights development in Surrey. The purchases were to supposed to have completed in December.
CBC article on [...]
by Sebastian on January 23, 2009
The Savona is a 4 storey, 103 unit condo development in the Kitsilano area of Vancouver. It was built in 2000 as part of the Arbutus Walk development by Concert Properties. Originally an old brewery, the community is now one of the most desirable condominium developments outside of downtown Vancouver.
As far as location, the building [...]
by Sebastian on January 23, 2009
It’s no secret. The Vancouver real estate market has slowed considerably.
Anyone who has picked up a newspaper lately has seen nothing but bad news for owner’s of Vancouver condos or those of us that have Vancouver homes for sale. For the Vancouver real estate bear’s it’s been an affirmation, a victory and money in [...]
by Sebastian on January 20, 2009
Now we are into the second full week of 2009. The numbers for the week are similar to those that we saw last week. Listings continued to come on strongly (+30.53%) to 342 while Sales remained relatively flat (+14.58%) at 55. The result was that the Sell/List ratio was just 16.08% (-2.24). That’s the lowest [...]
by Sebastian on January 19, 2009
There’s another new addition to my Vancouver real estate website. In fact, there are two new additions to the site both on the topic of Vancouver estate sales.
The first page on Vancouver estate sales is the perfect starting point if you are in the market to purchase real estate, or if you just want to [...]
by Sebastian on January 17, 2009
This update is for the Grandview area of Vancouver (aka Commercial Drive) in December 2008.
Grandview Vancouver Homes for Sale (Grandview Vancouver Condos only) – 46
The Grandview area of Vancouver had 46 Active Listings in the month of December 2008. This is the second month in a row that we`ve seen listings drop, and it`s a [...]
by Sebastian on January 16, 2009
The first full week of 2009 began with a resounding explosion of New Listings, and a whimper of Sales. There were a total of 262 New Listings in the week (way up from the 66 seen the previous week), and just 48 Sales (which was a slight decline from the 54 seen the week before). [...]