Please visit our Open House at 129 5880 DOVER CRES in Richmond.
Open House on Sunday, September 24, 2017 3:00PM - 5:00PM Corner E exposure large 2 bdrm 2 ba G/F facing quiet courtyard, views from the large private patio. This ideal layout has no wasted space. Complete renovation: new flooring, brand new kitchen, ceiling, bathroom. Move in ready. Wheelchair accessible.
Popular " Waterside" comfortable and quiet corner 2 bedroom G/F suite facing landscaped courtyard, mountains and river views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint, 2 bedrooms with walk-in closet. Large flex room (could be a den/storage), and a locker. Radiant floor heating in ensuite bathrm. Well managed bldg with new plumbing, redesigned lobby, and new metal roof. Amenities: exercise room, library, party/meeting room, lovely gardens and visitor parking. Super convenient location to everywhere, Dyke Trail, Oval, Terra-Nova, park, shops and restaurant. Easy access to Vancouver. Wheelchair accessible. No dogs but 1 cat ok. Quick possession welcomed.
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I have listed a new property at 3712 13696 100TH AVE in Surrey.
Park Ave West by Concord Pacific. Sunny and bright NE facing 2 bedroom corner suite with panoramic view of mountain and city. View from every room. Great layout with no wasted space. Large covered balcony. Brand new suite with GST paid. Open kitchen features marble tile backsplash, engineered HW flooring and quartz countertops, European brand integrated applicance. 5 star amenities. Concierge service. Steps to Surrey Central Mall, King George Skytrain, SFU campus. 1 parking and bike locker incl.
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Please visit our Open House at 129 5880 DOVER CRES in Richmond.
Open House on Saturday, September 9, 2017 2:00PM - 4:00PM Corner large 2 bedroom 2 bath G/F facing quiet landscaped courtyard, mountains views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint. Just move in.
Popular " Waterside" comfortable and quiet corner 2 bedroom G/F suite facing landscaped courtyard, mountains and river views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint, 2 bedrooms with walk-in closet. Large flex room (could be a den/storage), and a locker. Radiant floor heating in ensuite bathrm. Well managed bldg with new plumbing, redesigned lobby, and new metal roof. Amenities: exercise room, library, party / meeting room, lovely gardens and visitor parking. Super convenient location to everywhere, Dyke Trail, Oval, Terra-Nova, shops and restaurant. Easy access to Vancouver. Catchment schools: Blair Elem, and Burnett HS. No dogs but 1 cat ok.
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Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,043 in August 2017, a +22.3% from the 2,489 sales recorded in August 2016, and a +2.8% compared to July 2017 when 2,960 homes sold.


Last month’s sales were 19.6% above the 10-year August sales average.


“First-time home buyers have led a surge this summer in demand in our condominium and townhome markets,” Jill Oudil, REBGV president said. “Homes priced between $350,000 and $750,000 have been subject to intense competition and multiple offers across the region.”


There were 4,245 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2017. This represents a -1.1% compared to the 4,293 homes listed in August 2016 and a -19.2% compared to July 2017 when 5,256 homes were listed.


The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 8,807, a +3.5% compared to August 2016 (8,506) and a -4.2% compared to July 2017 (9,194).


For all property types, the sales-to-active listings ratio for August 2017 is 34.6%. By property type, the ratio is 16.3% for detached homes, 44.8% for townhomes, and 76.3% for condominiums.


Generally, analysts say that downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.


“Conditions in our detached home market are distinct today from the dynamic in our condominium and townhome markets,” Oudil said. “Detached homes have entered a balanced market. This means there’s less upward pressure on prices and that buyers have more selection to choose from and more time to make their decisions.”


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,029,700. This represents a +9.4% over August 2016 and a +1% compared to July 2017.


Sales of detached properties in August 2017 reached 901, a +26% from the 715 detached sales recorded in August 2016. The benchmark price for detached properties is $1,615,100. This represents a +2.2% from August 2016 and a +0.2% compared to July 2017.


Sales of apartment properties reached 1,613 in August 2017, a +20.1% compared to the 1,343 sales in August 2016. The benchmark price of an apartment property is $626,800. This represents a +19.4% from August 2016 and a +1.7% compared to July 2017.


Attached property sales in August 2017 totalled 529, a +22.7% compared to the 431 sales in August 2016. The benchmark price of an attached unit is $778,300. This represents a +12.8% from August 2016 and a +1.9% compared to July 2017.

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Please visit our Open House at 129 5880 DOVER CRES in Richmond.
Open House on Sunday, September 3, 2017 3:00PM - 5:00PM Corner large 2 bedroom 2 bath G/F facing landscaped courtyard, mountains views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint. Just move in.
Popular " Waterside" comfortable and quiet corner 2 bedroom G/F suite facing landscaped courtyard, mountains and river views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint, 2 bedrooms with walk-in closet. Large flex room (could be a den/storage), and a locker. Radiant floor heating in ensuite bathrm. Well managed bldg with new plumbing, redesigned lobby, and new metal roof. Amenities: exercise room, library, party / meeting room, lovely gardens and visitor parking. Super convenient location to everywhere, Dyke Trail, Oval, Terra-Nova, shops and restaurant. Easy access to Vancouver. Catchment schools: Blair Elem, and Burnett HS. Open Sept 3 Sun 3-5.
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Please visit our Open House at 129 5880 DOVER CRES in Richmond.
Open House on Saturday, August 26, 2017 2:00PM - 4:00PM Corner large 2 bedroom 2 bath G/F suite facing landscaped courtyard, mountains and river views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint.
Popular " Waterside" comfortable and quiet corner 2 bedroom G/F suite facing landscaped courtyard, mountains and river views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint, 2 bedrooms with walk-in closet. Large flex room (could be a den/storage), and a locker. Radiant floor heating in ensuite bathrm. Well managed bldg with new plumbing, redesigned lobby, and new metal roof. Amenities: exercise room, library, party / meeting room, lovely gardens and visitor parking. Super convenient location to everywhere, Dyke Trail, Oval, Terra-Nova, shops and restaurant. Easy access to Vancouver. Catchment schools: Blair Elem, and Burnett HS. Open Sat/Sun. 2-4pm
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Please visit our Open House at 129 5880 DOVER CRES in Richmond.
Open House on Sunday, August 27, 2017 2:00PM - 4:00PM Corner large 2 bedroom 2 bath G/F suite facing landscaped courtyard, mountains and river views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint.
Popular " Waterside" comfortable and quiet corner 2 bedroom G/F suite facing landscaped courtyard, mountains and river views from the large private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint, 2 bedrooms with walk-in closet. Large flex room (could be a den/storage), and a locker. Radiant floor heating in ensuite bathrm. Well managed bldg with new plumbing, redesigned lobby, and new metal roof. Amenities: exercise room, library, party / meeting room, lovely gardens and visitor parking. Super convenient location to everywhere, Dyke Trail, Oval, Terra-Nova, shops and restaurant. Easy access to Vancouver. Catchment schools: Blair Elem, and Burnett HS. Open Sat/Sun. 2-4pm
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I have listed a new property at 129 5880 DOVER CRES in Richmond.
Popular " Waterside" comfortable and quiet corner 2 bedroom G/F suite with large patio with views of landscaped courtyard, mountains and river views from the private patio. This ideal layout has no wasted space. Newly renovated: new flooring, brand new kitchen, all new appl, new bathrooms, paint, 2 bedrooms with walk-in closet. Large flex room (could be a den/storage), and a locker. Well managed bldg with new plumbing, redesigned lobby, and new metal roof. Amenities: exercise room, library, party / meeting room, lovely gardens and visitor parking. Super convenient location to everywhere, Dyke Trail, Oval, Terra-Nova, shops and restaurant. Easy access to Vancouver. Catchment schools: Blair Elem, and Burnett HS. Open Sat/Sun. 2-4pm
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I have sold a property at 307 1190 Eastwood ST in Coquitlam.
Gorgeous 1 bed condo located in highly sought after Lakeside Terrace. Updates include paint, laminated wood flooring, shower and newer appliances. This unit features a beautiful spacious and private patio oasis, one could almost forget they were in the heart of Coquitlam. Central and walking distance to everything from Douglas College, Evergreen line, WC Express, Coq. Centre to Lafarge Lake and Town Centre Park. Luxury amenities include Indoor Pool, hot tub & sauna, Guest Suite and Exercise centre!
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Home buyer activity returned to more typical summer levels in Metro Vancouver last month.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,960 in July 2017, a -8.2% from the 3,226 sales recorded in July 2016, and a -24% compared to June 2017 when 3,893 homes sold.


Last month’s sales were +0.7% above the 10-year July sales average.


“Housing demand is inconsistent across the region right now. Pockets of the market are still receiving multiple offers and others are not. It depends on price, property type, and location,” Jill Oudil, REBGV president said. “For example, it’s taking twice as long, on average, for a detached home to sell compared to both townhomes and condominiums.”


There were 5,256 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in July 2017. This represents a +0.3% compared to the 5,241 homes listed in July 2016 and a -8.1% compared to June 2017 when 5,721 homes were listed.


The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 9,194, a +10.1% compared to July 2016 (8,351) and a +8% compared to June 2017 (8,515).


“Because home sale activity decreased to more historically normal levels in July, the selection of homes for sale in the region was able to edge above 9,000 for the first time this year,” Oudil, said.


For all property types, the sales-to-active listings ratio for July 2017 is 32.2%. By property type, the ratio is 16.9% for detached homes, 44.9% for townhomes, and 62% for condominiums.


Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12% mark for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,019,400. This represents a +8.7% over July 2016 and a +2.1% compared to June 2017.


Sales of detached properties in July 2017 reached 949, a -11.9% from the 1,077 detached sales recorded in July 2016. The benchmark price for detached properties is $1,612,400. This represents a +1.9% from July 2016 and a +1.5% compared to June 2017.


Sales of apartment properties reached 1,468 in July 2017, a -8.4% compared to the 1,602 sales in July 2016. The benchmark price of an apartment property is $616,600. This represents a +18.5% from July 2016 and a +2.7% compared to June 2017.


Attached property sales in July 2017 totalled 543, a -0.7% compared to the 547 sales in July 2016. The benchmark price of an attached unit is $763,700. This represents a +11.9% from July 2016 and a +2.4% compared to June 2017. 

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I have sold a property at 311 2020 8th AVE W in Vancouver.
Here is your chance to live in Kits! This comfortable, 1 bedroom unit features gas fireplaces, in-suite storage, and south facing covered patio, engineered flooring, SS appliances, walk in closet, in-suite laundry, and full bathroom renovation. AND it is situated in a friendly, well maintained building. The walk score is an amazing 98, so most days you will be able to leave your car in the parking spot that comes with the unit. Have a pet? Not a problem; building is pet friendly! Rentals are allowed with restrictions.
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I have sold a property at 129 5880 Dover CRES in Richmond.

Modern and eclectic 2 bedroom 2 full bath condo situated alongside some of Richmond's finest viewpoints and walking trails. This remodelled and redesigned home showcases craftsmanship and offers a spacious living experience with integrated technology. This corner unit features views of landscaped courtyard, mountains and sparkly river views from your private ground floor patio. Just bring your suitcase to move in.


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The imbalance between supply and demand in the condominium market is creating home buyer competition across Metro Vancouver.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,893 in June 2017, a -11.5% from the 4,400 sales recorded in June 2016, an all-time record, and a -10.8% compared to May 2017 when 4,364 homes sold.


Last month’s sales were 14.5% above the 10-year June sales average.

“Two distinct markets have emerged this summer. The detached home market has seen demand ease back to more typical levels while competition for condominiums is creating multiple offer scenarios and putting upward pressure on prices for that property type,” Jill Oudil, REBGV president said.


There were 5,721 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2017. This represents a -2.6% compared to the 5,875 homes listed in June 2016 and a -5.3% compared to May 2017 when 6,044 homes were listed.


The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 8,515, a nine per cent increase compared to June 2016 (7,812) and a +4.2% compared to May 2017 (8,168).


“Home buyers have more selection to choose from in the detached market today while condominium listings are near an all-time low on the MLS®,” Oudil said. “Detached home listings have increased every month this year, while the number of condominiums for sale has decreased each month since February.”


For all property types, the sales-to-active listings ratio for June 2017 is 45.7%. By property type, the ratio is 24.5% for detached homes, 62% for townhomes, and 93.2% for condominiums.


Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12% mark for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.


“Market conditions will vary today depending on area and property type,” Oudil said. “It’s important to work with your local REALTOR® to help you understand the trends that are occurring in your community.”


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $998,700. This represents a +7.9% over June 2016 and a +1.8% compared to May 2017.


Sales of detached properties in June 2017 reached 1,320, a -15.5% from the 1,562 detached sales recorded in June 2016. The benchmark price for detached properties is $1,587,900. This represents a +1.4% from June 2016 and a +1.1% compared to May 2017.


Sales of apartment properties reached 1,905 in June 2017, a -9.6% compared to the 2,108 sales in June 2016. The benchmark price of an apartment property is $600,700. This represents a +17.6% from June 2016 and a +2.9% compared to May 2017.


Attached property sales in June 2017 totalled 668, a -8.5% compared to the 730 sales in June 2016. The benchmark price of an attached unit is $745,700. This represents a +10.7% from June 2016 and a +0.6% compared to May 2017.

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Home buyer activity returned to near record levels across the Metro Vancouver housing market in May.

Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 per cent compared to April 2017 when 3,553 homes sold.

Last month’s sales were 23.7 per cent above the 10-year May sales average and is the third-highest selling May on record.

"Demand for condominiums and townhomes is driving today’s activity," Jill Oudil, Real Estate Board of Greater Vancouver (REBGV) president said. “First-time buyers and people looking to downsize from their single-family homes are both competing for these two types of housing.”

New listings for detached, attached and apartment properties in Metro Vancouver totalled 6,044 in May 2017. This represents a 3.9 per cent decrease compared to the 6,289 units listed in May 2016 and a 23.2 per cent increase compared to April 2017 when 4,907 homes were listed.

The month-over-month increase in new listings was led by detached homes at 27.1 per cent, followed by apartments at 22.7 per cent and townhomes at 14.1 per cent.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 8,168, a 5.7 per cent increase compared to May 2016 (7,726) and a 4.5 per cent increase compared to April 2017 (7,813).

"Home buyers are beginning to have more selection to choose from in the detached market, but the number of condominiums for sale continues to decline," Oudil said.

The sales-to-active listings ratio across all residential categories is 53.4 per cent. By property type, the ratio is 31 per cent for detached homes, 76.1 per cent for townhomes, and 94.6 per cent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“While sales are inching closer to the record-breaking pace of 2016, the market itself looks different. Sales last year were driven by demand for single-family homes. This year, it's clear that townhomes and condominiums are leading the way,” said Oudil. “It’s important to work with your local REALTOR® to understand the different factors affecting the market today.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $967,500. This represents an 8.8 per cent increase over May 2016 and a 2.8 per cent increase compared to April 2017.

Sales of detached properties in May 2017 reached 1,548, a decrease of 17 per cent from the 1,865 detached sales recorded in May 2016. The benchmark price for a detached property is $1,561,000. This represents a 3.1 per cent increase over May 2016 and a 2.9 per cent increase compared to April 2017.

Sales of apartment properties reached 2,025 in May 2017, a decrease of 5.8 per cent compared to the 2,150 sales in May 2016.The benchmark price for an apartment property is $571,300. This represents a 17.8 per cent increase over May 2016 and a 3.1 per cent increase compared to April 2017.

Attached property sales in May 2017 totalled 791, an increase of 4.9 per cent compared to the 754 sales in May 2016. The benchmark price for an attached property is $715,400. This represents a 13.1 per cent increase over May 2016 and a 1.9 per cent increase compared to April 2017.

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Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market.


Residential property sales in the region totalled 3,553 in April 2017, a -25.7% compared to April 2016 when 4,781 homes sold and a -0.7% from the 3,579 sales recorded in March 2017.


April sales were 4.8% above the 10-year average for the month.


For the first four months of the year, condominium and townhome sales have comprised a larger percentage of all residential sales on the Multiple Listing Service® (MLS®) in Metro Vancouver. Over this time, they’ve accounted for 68.5%, on average, of all residential sales. This is up 10% from the 58.2% average over the same period last year.


“Our overall market is operating below the record-setting pace from a year ago, and is in line with historical spring levels. It’s a different story in our condominium and townhome markets," Jill Oudil, Real Estate Board of Greater Vancouver (REBGV) president said. “Demand has been increasing for months and supply is not keeping pace. This dynamic is causing prices to increase and making multiple offer scenarios the norm.”


New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,907 in April 2017. This represents a -19.9% compared to the 6,127 units listed in April 2016 and a +3% compared to March 2017 when 4,762 properties were listed.


The total number of residential properties currently listed for sale on the MLS® system in Metro Vancouver is 7,813, a +3.5% compared to April 2016 (7,550) and a +3% compared to March 2017 (7,586).


The sales-to-active listings ratio for April 2017 is 45.5% for all property types. This is 2% below March 2017 and is indicative of a sellers’ market. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12% mark for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.


By property type, the sales-to-active listings ratio is 26% for detached homes, 58.2% for townhomes, and 82.2% for condominiums.


“Until more entry level, or ‘missing middle’, homes are available for sale in our market, we’ll likely continue to see prices increase,” Oudil said. “There’s been record building this past year, but much of that inventory isn’t ready to hit the market.”


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $941,100. This represents a five per cent increase over the past three months and an 11.4 per cent increase compared to April 2016.


Over the last three months, the benchmark price of condominiums has seen the largest increase in the region at 8.2 per cent, followed by townhomes at 5.3 per cent, and detached homes at 2.8 per cent.


“Home buyers are looking to get into the market and they’re facing fierce competition,” Oudil said. “It’s important to work with your local Realtor to help you navigate today’s marketplace.”


Sales of detached properties in April 2017 reached 1,211, a -38.8% from the 1,979 detached sales recorded in April 2016. The benchmark price for detached properties is $1,516,500. This represents an +8.1% over the last 12 months and a +1.8% compared to March 2017.


Sales of apartment, or condominium, properties reached 1,722 in April 2017, a -18.3% compared to the 2,107 sales in April 2016. The benchmark price of an apartment property is $554,100. This represents a +16.6% over the past 12 months and a +3.1% compared to March 2017.


Attached, or townhome, property sales in April 2017 totalled 620, a -10.8% compared to the 695 sales in April 2016. The benchmark price of an attached unit is $701,800. This represents a +15.3% over the past 12 months and a +2.4% compared to March 2017.

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I have sold a property at 7368 HAWTHORNE TERR in Burnaby.
A rare find! Sunny and bright South facing corner 2 level 2 bedroom townhome with no unit above/below. Monterey was built by award winner ADERA. Great layout with no wasted space. Large front patio and yard. Brand new laminate flooring on main floor and new carpet upstairs. New blinds. Gas F/P with rock surround, crown mouldings and window screens. Large window bench. Master bedroom has vaulted ceiling and walk-in closet. Insuite laundry. Nestled in a quiet family oriented setting, facing inside courtyard. 2 u/g parking stalls (63,81) and a locker (29). Allowed 2 dogs no size restriction. Steps to Highgate Village, schools, shops, Edmond Skytrain Stn, Community Centre and library. A pleasure to show. - Open house cancelled.
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Please visit our Open House at 7368 HAWTHORNE TERR in Burnaby.
Open House on Sunday, April 23, 2017 2:00PM - 4:00PM SOLD Firm - open cancelled.
A rare find! Sunny and bright South facing corner 2 level 2 bedroom townhome with no unit above/below. Monterey was built by award winner ADERA. Great layout with no wasted space. Large front patio and yard. Brand new laminate flooring on main floor and new carpet upstairs. New blinds. Gas F/P with rock surround, crown mouldings and window screens. Large window bench. Master bedroom has vaulted ceiling and walk-in closet. Insuite laundry. Nestled in a quiet family oriented setting, facing inside courtyard. 2 u/g parking stalls (63,81) and a locker (29). Allowed 2 dogs no size restriction. Steps to Highgate Village, schools, shops, Edmond Skytrain Stn, Community Centre and library. A pleasure to show. SOLD firm - Open house cancelled.
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For prompt, polite and professional service, always contact Eva Li of RE/MAX Central Realty