Our neighbourhood sites include: GASTOWN.CA & YALETOWN.CA                  Follow Us:       

Real Estate News

False Creek North becomes Yaletown

False Creek North MLS boundary has been expanded and has been renamed ‘Yaletown’. This new boundary now includes listings North of Pacific all the way to Richards Street and East over to Howe Street reflecting what residents The ‘False Creek’ (South) sub-area will be expanded to include the area around Olympic Village. These changes are [...]

Check out the full article →

False Creek North Assessments lower than average

If we remember back to Economics 101 we will recall that with a low supply of widgets coupled with a strong demand for widgets – the price of widgets increase. And that is exactly what happened in Vancouver with property values in 2010. Simply put there was not enough housing inventory to keep pace with [...]

Check out the full article →

Conflicting reports on stability of BC’s real estate market

In its fall 2010 Market Trends report Re/Max reports that the luxury-home market to be strong accounting for 1,356 sales of homes worth more than $1.5 million during the first eight months of 2010. (44% more than the same period of 2009) This higher income group is expressing confidence in the economic recovery and are [...]

Check out the full article →

Home Sales Down 1/3 over last year

Two reports issued Monday cite September home sales being up slightly from August but remains considerably down from the same period last year. An 0.8% increase over August saw Metro Vancouver record a total of 2,220 sales for September. In comparison to this time last year, September 2009 enjoyed 37.6% more activity with 3,559 recorded [...]

Check out the full article →

More options for consumers as MLS becomes available to sellers

The Competition Bureau and the Canadian Real Estate Association (CREA) have reached an agreement that will result in sellers being able to hire agents in order to post their property on the Multiple Listing Service (MLS) and then to conduct the rest of the sale process themselves. If ratified these new rules will take effect [...]

Check out the full article →