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Posted on
September 19, 2016
by
Hafez Panju
Investor, student and first time buyer alert! This 1bed/1bath/599sq home features Inlet & green space views, an efficient floor plan, quality flooring, GE Cafe appliances, quartz counters, a spacious kitchen w/breakfast bar & covered balcony. Spacious master has walk-through closet to a cheater 4pc bathroom. Altitude is Vancouver's highest rising tower, 1 yr young & rental & pet friendly. Bonus: 1 locker & Parking. Walk to: transit, campus, childcare, shopping, indoor/outdoor rec. & a host of resident-only perks. Do not miss your chance to enjoy living in this great lifestyle...
Posted on
September 18, 2016
by
Hafez Panju
Breath Taking Views
Priced at $574,800
Gorgeous home offering breath-taking views of Burrard Inlet & privacy from green space. This exceptionally bright 2bed/2bath/1039sqft home features a spacious layout, fireplace, floor to ceiling windows, a large balcony, granite counters, stainless apps & so much more. The large master has walk-in & ensuite w/dual sinks, soaker & shower. Bonus: custom closet organizers & cabinets add lots of in-suite storage & separate locker. Altaire, Polygon built, offers balance of 2-5-10 warranty & fully equipped exercise room. Close to: transit,...
Posted on
September 17, 2016
by
Hafez Panju
Investor, student and first time buyer alert! This 1bed/1bath/599sq home features Inlet & green space views, an efficient floor plan, quality flooring, GE Cafe appliances, quartz counters, a spacious kitchen w/breakfast bar & covered balcony. Spacious master has walk-through closet to a cheater 4pc bathroom. Altitude is Vancouver's highest rising tower, 1 yr young & rental & pet friendly. Bonus: 1 locker & Parking. Walk to: transit, campus, childcare, shopping, indoor/outdoor rec. & a host of resident-only perks. Do not miss your chance to enjoy living in this great lifestyle...
Posted on
September 15, 2016
by
Hafez Panju
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined for a fourth consecutive month in August 2016.
Highlights:
- National home sales fell 3.1% from July to August.
- Actual (not seasonally adjusted) activity came in 10.2% above August 2015.
- The number of newly listed homes declined 2.7% from July to August.
- The MLS® Home Price Index (HPI) rose 14.7% year-over-year in August.
- The national average sale price climbed 5.4% in August from one year ago.
The number of homes trading hands via Canadian MLS® Systems fell by 3.1...
Posted on
September 13, 2016
by
Hafez Panju
The British Columbia Real Estate Association (BCREA) reports that 8,945 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 1.5 per cent from the same month last year. Total sales dollar volume was $5.1 billion in August, down 6.7 per cent compared to the previous year. The average MLS® residential price in the province was $569,393, a decline of 8.1 per cent compared to the same month last year.
“Strong housing demand across most regions of the province offset slowing home sales in Vancouver last month,” said Cameron Muir, BCREA...
Posted on
September 12, 2016
by
Hafez Panju
Investor, student and first time buyer alert! This 1bed/1bath/599sq home features Inlet & green space views, an efficient floor plan, quality flooring, GE Cafe appliances, quartz counters, a spacious kitchen w/breakfast bar & covered balcony. Spacious master has walk-through closet to a cheater 4pc bathroom. Altitude is Vancouver's highest rising tower, 1 yr young & rental & pet friendly. Bonus: 1 locker & Parking. Walk to: transit, campus, childcare, shopping, indoor/outdoor rec. & a host of resident-only perks. Do not miss your chance to enjoy living in this great lifestyle...
Posted on
September 8, 2016
by
Hafez Panju
The trend measure of housing starts in Canada was 195,640 units in August compared to 201,379 in July, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.
"Housing starts declined in August, as construction of multi-unit dwellings slowed in most regions, led by lower activity in Alberta and Manitoba” said Bob Dugan, CMHC Chief Economist. "However, housing market activity levels remain elevated and this decline in starts is the market's response to increasing levels...
Posted on
September 8, 2016
by
Hafez Panju
The Bank of Canada announced on September 7th, 2016 that it was keeping its trend-setting target overnight lending rate at 0.5 per cent.
The Bank acknowledged that inflation risks were “tilted more to the downside since July” when it published its most recent economic forecast. Normally, this would signal that it may lower interest rates in the near future.
However, the Bank also said it remains concerned about rising mortgage debt, throwing cold water on the idea that it might lower rates for fear of fueling further household debt.
The big picture for the Bank’s key policy interest...
Posted on
September 2, 2016
by
Hafez Panju
For the second straight month, home buyer demand in Metro Vancouver* moved off of the record-breaking pace seen earlier this year and returned to more typical levels.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver totalled 2,489 in August 2016, a decline of 26 per cent compared to the 3,362 sales in August 2015; 10.2 per cent less than the 2,771 sales in August 2014; and one per cent less than the 2,514 sales in August 2013. August 2016 sales also represent a 22.8 per cent decline compared to last month...
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