“Activity in June marked a healthy balance between the near record setting pace of June 2009 and the considerably slower activity witnessed in June 2008, a period of recession as we all know,” Jake Moldowan, REBGV president said.

“We didn’t experience any record-breaking activity in June, but we did see a stable summer market,” said Moldowan. “The number of new listings coming on the market is not as dramatic as we saw over the previous three months and demand remains at a healthy level for this traditionally quieter time of year”.

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The Tapestry

List Price : $745,000
Bedrooms : 2
Bathrooms : 2
Square Footage : 1094
Tax : $2835 (2009)
MLS # : V818488
Public Open(s) : Sunday, July 25 from 2pm – 4pm

Come by and say ‘hello’ to the Vancouver Realty Online team.

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Downtown Attached Market Update July 12 – July 19 :

Supply conditions continued to tighten in the downtown markets with 89 new attached listings this past week (compared to 118 attached listings downtown in the previous period).  As a whole Vancouver West attached supply trended downwards after posting a slight recovery in the previous week with 172 new attached listings (down from 209 new attached listings in the previous week).  Entry level downtown conditions remained very tight as sub-$500,000 properties continued to move with regularity and relatively low days on the market numbers.  The luxury markets continued to provide potential buyers with more options as supply conditions remained relatively loose as we saw 14 new attached listings in Coal Harbour to 6 confirmed sales in the neighbourhood.

Please click HERE for the full article.

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Westside Vancouver Attached Report July 12 – July 19:

Attached listing supply declined this past week after posting growth in the previous week; across the Westside we saw 83 new attached listings (down slightly from the 91 new attached listings in the previous period).  The high-density attached markets in Kitsilano, University and Fairview again posted the strongest supply figures with 23, 15 and 14 new attached listings respectively.  The Westside markets accounted for a higher percentage of listing supply this past week with 83 of 172 new attached listings across Vancouver West or approximately 48% of all new attached listings falling in Westside neighbourhoods (up from 44% in the previous week).

Confirmed sales volume continued to fall for the third consecutive week with 40 confirmed attached sales (down from 52 confirmed attached sales in the previous period).

Please click HERE for the full article.

Westside Vancouver Detached Report July 12 – July 19:

Detached supply remained stable this week across the Westside neighbourhoods with 61 new detached listings (the same supply number as the previous week); Dunbar continued to be a notably busy listing neighbourhood with 14 new detached listings (which accounted for 23% of detached listings across the Westside). Point Grey and Cambie also posted stronger then average supply figures with 6 new detached listings in each neighbourhood.

Confirmed detached sales volume, on the other hand, continued to trend downwards for the second consecutive week as we saw just 21 confirmed detached sales across the Westside (down from 36 detached sales in the previous period).

Please click HERE for the full article.

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PH4 1133 Homer St. (V842290)

The living room offers lovely city and park views, access to a large 200+ square foot terrace, dramatic 20 ft ceiling height and ample space for large furniture pieces and artwork. Open the patio doors and enjoy a lovely indoor/outdoor living experience year round. This is luxury living at it’s finest.

The gourmet kitchen was designed for the entertaining chef and offers a Fisher&Paykel stainless steel appliance package, a wine cooler, an abundance of counter space and cabinetry, a dry pantry, and a lovely breakfast bar.

Price : $1,688,888
Bedrooms : 2
Bathrooms : 3
Square Footage : 2240
Year Built : 2008
Tax : $5,362 (2009)
Maintenance : $812.85
Amenities : Air Cond./Central, Bike Room, Exercise Centre, Garden, In Suite Laundry, Recreation Center

Click HERE for more information.

[View with PicLens]

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Two Harbour Green

1151 W Cordova St. (Harbour Green Two) – Coal Harbour Open House
List Price : $1,475,000
Bedrooms : 2
Bathrooms : 2
Square Footage : 1656
Tax : $7,581 (2009)
MLS # : V832960
Public Open(s) : Saturday, July 17 from 2pm – 4pm

AND

#804 2851 Heather St. (The Tapestry) – Fairview Open House

The Tapestry

List Price : $745,000
Bedrooms : 2
Bathrooms : 2
Square Footage : 1094
Tax : $2835 (2009)
MLS # : V818488
Public Open(s) : Sunday, July 18 from 2pm – 4pm

Come by and say ‘hello’ to the Vancouver Realty Online team.

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Westside Vancouver Attached Report July 5 – July 12:

Attached listing activity demonstrated growth this period with 91 new attached listings across the Westside (up from 72 new attached listings in the previous week); after performing strongly for the past 6-8 weeks the Westside has demonstrated a tilt towards the supply-side with a greater number of listings versus sales. Kitsilano and Fairview continued to be the most active supply neighbourhoods (not surprising considering attached density variables); we saw 23 new attached listings in Kitsilano and 18 new attached listings in Fairview.  As a whole Vancouver West saw 209 new attached listings this past week with the Westside accounting for approximately 44% of new listing supply (a 3% increase from the market share in the previous week). 

The confirmed sales side, on the other hand, continued to trend downwards across the Westside neighbourhoods with 52 confirmed attached sales (down from 61 confirmed transactions in the previous week).  After posting strong sales to listing figures over the past two months the Westside has weakened slightly as we’ve approached the heart of the Summer months.

Please click HERE for the full article.

Westside Vancouver Detached Report July 5 – July 12:

Detached supply across the Westside markets rebounded this past week after trending downwards for two consecutive weeks through the mid-Summer period; we saw 61 new detached listings across the Westside this week (up from 43 detached listings in the previous period).  Point Grey continued to be quite busy on the listing side (and the sales side as well) with 8 new detached listings. Arbutus, Dunbar, and Kerrisdale also demonstrated strong ‘spot’ supply conditions with 7 new detached listings in each neighbourhood respectively.   Kitsilano remained relatively quiet with just 3 new detached listings; though the neighbourhood does tend to take a bit of hiatus in the late-Summer months.

Please click HERE for the full article.

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PH4 1133 Homer St.
To be listed at $1,688,888.00

1133 Homer St. “H & H”. Welcome to your “Home in the Sky”. No need to sacrifice space to live in the heart of Yaletown. This 2240 sqft spectacular 2-bdrm + den Penthouse has it all; luxurious finishes, floor-to-ceiling windows, 9 ft vaulted-ceilings, hardwood floors, gourmet kitchen w/ gas range, limestone counters, teak cabinets, and a master suite like no other with very spacious walk-in closet and the ultimate over-sized master bath/spa. [READ MORE]

Stay tuned over the next few days for more information on this stunning Penthouse property in Vancouver’s historic Yaletown district.

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Over the last 12 months, the overall MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 11.8 per cent to $580,237 from $518,855 in June 2009. Sales of detached properties in June 2010 reached 1,139, a decrease of 31.7 per cent from the 1,667 detached sales recorded in June 2009 and a 24.1 per cent increase from the 918 units sold in June 2008. The benchmark price for detached properties increased 13.4 per cent from June 2009 to $795,025.

Sales of apartment properties reached 1,258 in June 2010, a decline of 29.7 per cent compared to the 1,790 sales in June 2009 and an increase of 19 per cent compared to the 1,057 sales in June 2008.The benchmark price of an apartment property increased 9.7 per cent from June 2009 to $391,528.

Attached property sales in June 2010 totalled 575, a decline of 28.3 per cent compared to the 802 sales in June 2009
and a 27.8 per cent increase from the 450 attached properties sold in June 2008. The benchmark price of an attached
unit increased 11.6 per cent between June 2009 and 2010 to $492,861.

Please click HERE for the full report.

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Two Harbour Green

1151 W Cordova St. (Harbour Green Two) – Coal Harbour Open House
List Price : $1,475,000
Bedrooms : 2
Bathrooms : 2
Square Footage : 1656
Tax : $7,581 (2009)
MLS # : V832960
Public Open(s) : July 10 from 2pm – 4pm

AND

#804 2851 Heather St. (The Tapestry) – Fairview Open House

The Tapestry

List Price : $745,000
Bedrooms : 2
Bathrooms : 2
Square Footage : 1094
Tax : $2835 (2009)
MLS # : V818488
Public Open(s) : July 11 from 2pm – 4pm

Come by and say ‘hello’ to the Vancouver Realty Online team.

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