The BC economy has struggled to grow in the past two years, facing headwinds from high interest rates, falling commodity prices, and slowing household spending. However, the Bank of Canada’s aggressive tightening has helped to cool inflation significantly, and the Bank has begun easing by lowering its policy rate in both June and July earlier this year with further rate cuts expected.

This policy shift has positive implications for the BC housing market, which has been sluggish since 2022 as high borrowing costs and robust home prices have stretched affordability. BC home sales have trended...

Loft Style Home

1 Bed, 1 Bath, 756sqft

Priced at $498,800

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Stunning! Just one way to describe this south facing loft style home with amazing natural light. Welcome to UniverCity at SFU, Vancouver's premier lifestyle neighborhood. Enjoy the peace & tranquility this area has to offer. This 1 bed, 1 bath, 756sqft home will not disappoint. Features: 17'+ ceilings, an abundance of windows, quality flooring, open layout, SS appls, plenty of cupboard & counter space, spacious living & dinning areas. The large primary bedroom offers plenty of closet space, plush carpeting...

VANCOUVER, BC – August 2, 2024 – Newly listed properties registered on the Multiple Listing Service® (MLS®) rose nearly twenty per cent year over year in July, helping to sustain a healthy level of inventory in the Metro Vancouver¹ housing market.

On the demand side, the Greater Vancouver REALTORS®² (GVR) reports that residential sales in the region totalled 2,333 in July 2024, a 5 per cent decrease from the 2,455 sales recorded in July 2023. This was 17.6 per cent below the 10-year seasonal average (2,831).

“The trend of buyers remaining hesitant, that began...

Vancouver, BC – July 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS® ) systems in June 2024, a 19 per cent decrease from June 2023. The average MLS® residential price in BC in June 2024 was up 1 per cent at $998,159 compared to an average price of $988,632 in June 2023. The total sales dollar volume was $7.1 billion, an 18 per cent decline from the same time the previous year. BC MLS® unit sales were 24 per cent lower than the ten-year average for June.

“Sales activity...

Large Outdoor Space

Parking & Locker

Priced at $568,800

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Looking for outdoor space? Look no further, your search ends here. Enjoy the 277sqft semi-private, partially covered patio; perfect for gardeners & pet owners alike. This 2bed/1bath/756sqft home, in the Veritas complex, will not disappoint. Features: an abundance of natural light, upgraded flooring, over-height ceilings, open concept plan, kitchen w/plenty of cupboard & counter space, breakfast bar & SS apps. The spacious primary bed has walk-in closet & cheater ensuite. Benefit from a well sized...

Spacious, Jr. 1 Bedroom Home

Rental & Pet Friendly

1 Bed, 1 Bath, 538 sqft

Priced at $449,000

Enjoy the peace & tranquility this area has to offer. Welcome to UniverCity at SFU, Vancouver's premier lifestyle neighborhood. This Jr. 1 bed, 1 bath, 538sqft home is located near the heart of the area in Fraser by Mosaic, a rental and pet friendly building. Perfect for investors, first time buyers, students & everyone in between. Features: excellent natural light, open layout, herringbone floors, over height ceilings, plenty of cupboard & counter space, SS appliances & in-suite laundry....

Studio Home w/ Patio

Efficient Layout

Priced at $372,800

Open house Saturday, July 13th from 2-4pm.

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Investor, student and first-time buyer alert! Excellent condition, nothing to do but move in. Located in Harmony, a rental & pet friendly building, this studio/1bath/407sqft home features: laminate floors throughout, an efficient floor plan, well-sized kitchen w/stainless apps, newer stove & microwave. Enjoy the spacious, partially covered, fully fenced patio; perfect for BBQs. Bonus: parking & built-in murphy bed included. Walk to: transit, campus, childcare, shopping,...

VANCOUVER, BC – July 3, 2024 – Metro Vancouver¹ home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019.

The Greater Vancouver REALTORS® (GVR) reports that residential sales² in the region totalled 2,418 in June 2024, a 19.1 per cent decrease from the 2,988 sales recorded in June 2023. This was 23.6 per cent below the 10-year seasonal average (3,166).

“The June data continued a trend we’ve been watching where buyers...

Open house: Sunday, June 23rd from 2-4pm.

Large Outdoor Space

Parking & Locker

Priced at $568,800

Click here for more…

Looking for outdoor space? Look no further, your search ends here. Enjoy the 277sqft semi-private, partially covered patio; perfect for gardeners & pet owners alike. This 2bed/1bath/756sqft home, in the Veritas complex, will not disappoint. Features: an abundance of natural light, upgraded flooring, over-height ceilings, open concept plan, kitchen w/plenty of cupboard & counter space, breakfast bar & SS apps. The spacious primary bed has walk-in closet &...

Vancouver, BC – June 13, 2024. The British Columbia Real Estate Association (BCREA) reports that 8,075 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in May 2024, a 11.6 per cent decrease from May 2023. The average MLS® residential price in BC in May 2024 was down 1.5 per cent at $1 million, compared to an average price of $1.02 million in May 2023. The total sales dollar volume was $8.1 billion, a 13 per cent decline from the same time the previous year.

"Markets could not match the surge in home sales that occurred this time last year," said...

The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.

The global economy grew by about 3% in the first quarter of 2024, broadly in line with the Bank’s April Monetary Policy Report (MPR) projection. In the United States, the economy expanded more slowly than was expected, as weakness in exports and inventories weighed on activity. Growth in private domestic demand remained strong but eased. In the euro area, activity picked up...

VANCOUVER, BC – June 4, 2024 – The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver¹ . This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000 homes now actively listed on the MLS® in the region.

The Greater Vancouver REALTORS® (GVR)² reports that residential sales in the region totalled 2,733 in May 2024, a 19.9 per cent decrease from the 3,411 sales recorded in May 2023. Last month’s sales total was also down 19.6...

Large Outdoor Space

2 Bed, 2 Bath, 849sqft

Priced at $574,800

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Outdoor lover ALERT!!! Huge semi-private patio with direct access to your suite; perfect for gardeners & pet owners alike. This 2bed/2bath/849sqft home will not disappoint. Features: laminate flooring throughout, open concept plan, kitchen w/plenty of cupboard & counter space, breakfast bar, SS apps, gas stove & a cozy gas F/P. The large primary bed has nook space, ensuite w/soaker & walk-in closet. Benefit from a well sized 2nd bed. Located in Harmony, a rental & pet friendly complex w/rec ...

Studio Home w/ Patio

Efficient Layout

Priced at $374,800

Click here for more...

Investor, student and first-time buyer alert! Excellent condition, nothing to do but move in. Located in Harmony, a rental & pet friendly building, this studio/1bath/407sqft home features: laminate floors throughout, an efficient floor plan, well-sized kitchen w/stainless apps, newer stove & microwave. Enjoy the spacious, partially covered, fully fenced patio; perfect for BBQs. Bonus: parking & built-in murphy bed included. Walk to: transit, campus, childcare, shopping, indoor/outdoor rec. & a host of...

Large Outdoor Space

Parking & Locker

Priced at $578,800

Open House: Sunday, May 26th from 2-4pm.

Click here for more…

Looking for outdoor space? Look no further, your search ends here. Enjoy the 277sqft semi-private, partially covered patio; perfect for gardeners & pet owners alike. This 2bed/1bath/756sqft home, in the Veritas complex, will not disappoint. Features: an abundance of natural light, upgraded flooring, over-height ceilings, open concept plan, kitchen w/plenty of cupboard & counter space, breakfast bar & SS apps. The spacious primary bed has walk-in closet & cheater ensuite....

Open house Sunday, May 26th from 2-4pm.

Fully Furnished

Large, Private Patio

1 Bed + Den, 1 Bath, 649sqft

Priced at $498,800

Enjoy the peace & tranquility this area has to offer. Welcome to UniverCity at SFU, Vancouver's premier lifestyle neighborhood. Looking for outdoor space? What about a place that is fully-furnished? This 1bed+den/1bath/649sqft home will not disappoint. Enjoy the large partially covered private patio with walk-up access. Features: quality flooring, open layout, SS appls, plenty of cupboard & counter space, excellent natural light & in-suite laundry. The primary has ...

Vancouver, BC – May 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,569 residential unit sales were recorded in Multiple Listing Service® (MLS® ) systems in April 2024, an increase of 1.5 per cent from April 2023. The average MLS® residential price in BC in April 2024 was up 1.4 per cent at $1 million, compared to an average price of $992,440 in April 2023. The total sales dollar volume was $7.6 billion, an increase of 3 per cent from the same time the previous year.

"April was an above-average month for new listings activity, registering the highest pace since 2021,"...

Enjoy the peace & tranquility this area has to offer. Welcome to UniverCity at SFU, Vancouver's premier lifestyle neighborhood. Looking for outdoor space? What about a place that is fully-furnished? This 1bed+den/1bath/649sqft home will not disappoint. Enjoy the large partially covered private patio with walk-up access. Features: quality flooring, open layout, SS appls, plenty of cupboard & counter space, excellent natural light & in-suite laundry. The primary has pass-through closet...