The British Columbia Real Estate Association (BCREA) released its Housing Forecast for the first quarter of 2011 today.
 
BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 8 per cent from 74,640 units in 2010 to 80,900 units this year, and increase another 4 per cent to 83,950 units in 2012. “British Columbia housing markets are returning to normalcy after two years of volatility,” said Cameron Muir, BCREA Chief Economist. “Employment and population growth will fuel consumer demand over the next two years. However, higher mortgage interest rates and tighter credit...
Post CommentComments: 0Read Full Story

BY JEFF LEE, VANCOUVER SUN

 
For the fifth year in a row, Vancouver has been named the most livable city in the world.
 
 
Still riding an Olympic high from hosting the Vancouver 2010 Games, the city beat out Melbourne,Australia and Vienna, Austria as the place where people most choose to live.
 
Two other Canadian cities, Toronto and Calgary, also made the Economist Intelligence Unit’s top ten list at fourth and fifth respectively.
 
At the other end of the spectrum was Harare, Zimbabwe, once a beautiful city but after three decades of rule under Robert Mugabe is squalid....
Post CommentComments: 0Read Full Story
Proud to announe that we have successfully assisted another client to sell their home in the UniverCity area.
 

Novo II - UniverCity at Simon Fraser University
406 9232 University
 

Immaculate! Shows very well & offers views of green space, mountain tops & City Lights. You won't be disappointed. This bright 2 bed/2bath, 888 sqft home has a spacious open layout & excellent rm separation. Nova II is a concrete building& has balance of 2-5-10 yr warranty. Features: SS apps, granite counters, breakfast bar & lots of cupboard/counter/closet space. The lrg master has 3pc...

Post CommentComments: 0Read Full Story

According to MLS data for the Simon Fraser University area, specifically UniverCity of Burnaby North, activity on the mountain is heating up!  This past week saw 3 new listings which brings the totally inventory level up to 44 active listings.  This includes 4 units for sale in the Origin building by Port Development. The average list price for the area is $427,618 or $464.91 per square foot.  Great to see that Sellers are confident and are bringing their properties market.

I can personally attest to the activity.  During the open house on Feb 12 I held at 406 9232 University...

Post CommentComments: 0Read Full Story

 

The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 7 per cent in January from December 2010, on a seasonally adjusted basis. Compared to January of last year, MLS® residential unit sales were down 10 per cent to 4,137 units. The average MLS® residential price rose 11.5 per cent to $548,183 in January compared to the same month last year.
 
"Consumer demand continues to normalize alongside overall economic conditions," said Cameron Muir, BCREA Chief Economist. "However, the pace of growth in home...
Post CommentComments: 0Read Full Story
By TRACY SHERLOCK, Vancouver
 
Ryan and Keith Beedie donated $22 million to Simon Fraser University's business school, marking the university's largest ever donation.
 
The donation is earmarked for the university's business school, which Ryan attended, and which will now be named the Beedie School of Business, SFU said in a news release.
 
Ryan earned his bachelor of business in 1991 at SFU, and his master of business administration in 1993 at the University of B.C. Following that, he joined his family's industrial real estate development firm The Beedie Group, SFU said in a news...
Post CommentComments: 0Read Full Story

According to MLS data for the Simon Fraser University area, specifically UniverCity of Burnaby North, the first week of February saw 5 new listings come to market.  This includes 406 9232 University which is a 2 bedroom and 2 bathroom 888 sqft unit located in Novo II which is in immaculate condition and shows very well.

Currently there are 45 active listings with the average list price of $424,184 which works out to an average cost per sqft of $463.25.  MLS did not record any sales for the past week.  However, given the number of times my phone rang for showing requests for my listings...

Post CommentComments: 0Read Full Story
Join me this weekend to check out this Immaculate 2 bed & 2 bath condo at UniverCity
 
Novo II - UniverCity at Simon Fraser University
 
Immaculate! Shows very well & offers views of green space, mountain tops & City Lights. You won't be disappointed. This bright 2 bed/2bath, 888 sqft home has a spacious open layout & excellent rm separation. Nova II is a concrete building& has balance of 2-5-10 yr warranty. Features: SS apps, granite counters, breakfast bar & lots of cupboard/counter/closet space. The lrg master has 3pc ensuite, walk-in & a view. Enjoy...
Post CommentComments: 0Read Full Story

The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the region’s largest communities.

 
The number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) last month outpaced the 10-year average in both categories for January.
 
“There was a healthy balance between the number of home buyers and sellers in our market in January, but there’s always variation in activity from region to region,” said Jake Moldowan, president of the Real Estate Board of Greater Vancouver...
Post CommentComments: 0Read Full Story

This week saw the second sale of the year to come through MLS in the Simon Fraser University area, specifically UniverCity of Burnaby North.  One town home and now one condo have sold for an average sale price of $332,250.  Market activity as expected is picking up. 

Currently, there are 42 active listings in the SFU UniverCity area, 11 of which are located in the new development, Origin, by Port Development.  The average asking price of all active condos not sits at $417,547.  Selection of available properties has increased in the past few weeks and we are now seeing a...

Post CommentComments: 0Read Full Story

Simon Fraser
Market Update

Simon Fraser Condos

Altaire by Polygon

Altaire built in 2008/2009 reaches higher then any other condo building in Metro Vancouver offering panoramic views.

Novo I by Intergulf

Novo I built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Novo II by Intergulf

Novo II built in 2007 known for the amazing sight lines and views from most units and balconies up to 1000 sq ft.

Aurora by Polygon

Aurora built in 2006 with 103 condos featuring 36 unique floor plans ranging from 715 sq ft to 1500 sq ft.

One University by Millennium

One University built in 2005 is UniverCity's flagship building with luxury homes featuring semi private elevators.

Harmony by Polygon

Harmony built in 2005 was the first condo development at Univercity & as a result offers a unique setting & views.

Serenity Townhomes by Polygon

Serenity is a collection of 2 bedroom townhomes of 1100 sq ft ranging to 4 bedroom 2000+ sq ft townhomes.

The Hub by Liberty Homes

The Hub built in 2009 is set atop Nester's Grocery and steps from High Street giving these homes an urban feel.

Verdant by VanCity Enterprises

Verdant is a two storey town home building built with environmental design and stylish living spaces which complement the modern exterior of these SFU homes.

Origin by Porte Development

Origin is designed by GBL Architect & BYU Interior Designs, developed by Porte Development Corp. and marketed by Red Dot Real Estate.

Nest by Mosaic

Located on UniverCity High Street across from the new University Highlands elementary schools this refreshing building will add further depth to a growing community.

Highland House by Liberty Homes

A 12-storey concrete high-rise development and targeted towards Rental Investors and First-Time Condo Buyers.

Lift by Porte Development

Lift will be a wood frame building comprising of 56 homes. Building technologies, environmental features, and price points should be similar to Origin.

Altitude by Hungerford Group

Altitude will be a 2 tower development comprising of a 12 and 14 story building with a total of 210 strata units.

CentreBlock by Liberty Homes

CentreBlock at UniverCity atop Burnaby Mountain is the latest condo project with sales commencing early 2014. .

.page-footer-copyright a { background: url("http://www.hafezrealty.com/_media/POWERED-BY-AGENTID.png") no-repeat center center transparent; padding-top: 10px; }