The Greater Vancouver housing market continues to maintain a relative balance between the number of homes for sale and the number of people looking to purchase a home in the region today.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,642 on the Multiple Listing Service® (MLS®) in June 2013. This represents an 11.9 per cent increase compared to the 2,362 sales recorded in June 2012, and an 8.3 per cent decline compared to the 2,882 sales in May 2013.

Last month’s sales were 22.2 per cent below the 10-year sales...

Completely Updated

Private Covered Balcony

Priced at $388,800

305 9232 University

Novo II

Updated throughout, large fully covered balcony with lush-forested views, a corner/end unit home that will not disappoint. This 993 sqft, 2bed+den, 2bath home shows very well & is in excellent condition. Located in Novo II, a concrete building found in UniverCity; Vancouver's premier lifestyle neighborhood. Features: open layout, brand new flooring, freshly painted w/new trim, stainless apps, granite counters, convenient kitchen island with breakfast bar, large eating area, spacious master w/3pc...

The British Columbia Real Estate Association (BCREA) reports that a total of 7,664 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during May, down 0.7 per cent from May of 2012. Total sales dollar volume was 2 per cent higher at $4.1 billion. The average MLS® residential price in the province was $534,013, up 2.7 per cent from a year ago.

"BC home sales continued to trend higher in May,” said Cameron Muir, BCREA Chief Economist. “In contrast to slowing demand and moderating prices in 2012, the BC housing market is turning around.” Rising...

Mountain & Water Views
Shows Well
Priced at $474,800
Open June 15 1:00 - 3:00

501 9380 University Cr.

One University Crescent

Burnaby, BC

SFU, UniverCity

Beautiful Mount Baker & City Views, bright, spacious & extremely clean! This 2&den or 3bed/2bath/1172sqft luxury concrete home, located in One University Cr., offers an excellent layout & shows very well. Features: East/West exposure from two large covered balconies, engineered floors in living & dining rooms, 9’ ceilings throughout, open kitchen with SS appliances,...

Private Green Space Views

Penthouse with 12’ Ceilings

514 9319 University Cr.

Priced at $330,000

Beautiful green space views from this spacious penthouse home with soaring 12’ ceilings. You will not be disappointed. This 2bed/2bath/838 sqft unit features an open concept plan, new laminate floors, SS appliances w/gas stove & a cozy gas fireplace. Excellent sized master w/nook, ensuite with soaker & walk-in closet & a well sized 2nd bed complete this home. Located in The Harmony, a rental and pet friendly, complex w/balance of a 2-5-10 yr warranty & recreation f...

While the number of home sales in Greater Vancouver continued to trend below the 10-year average in May, the balance of sales and listings meant continued market stability this spring.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,882 on the Multiple Listing Service® (MLS®) in May 2013. This represents a one per cent increase compared to the 2,853 sales recorded in May 2012, and a 9.7 per cent increase compared to the 2,627 sales in April 2013.

Last month’s sales were 19.4 per cent below the 10-year sales average...

Fabulous Outdoor Patio

Harmony at the Highlands

217 9319 University Cr, SFU

Priced at $314,800

Outdoor lover ALERT!!! Huge semi-private outdoor patio; perfect for gardeners & pet owners alike. Enjoy peaceful & serene water fountain sounds from this bright 2bed/2bath/835sqf. You will not be disappointed. Features: freshly painted throughout, open concept plan, SS apps w/gas stove, gas F/P & 1 parking.  Excellent sized master w/nook, ensuite with soaker & walk-in closet & a well sized 2nd bed complete this home. Located in The Harmony, a rental & pet friendly complex...

The British Columbia Real Estate Association (BCREA) released its 2013 Second Quarter Housing Forecast today.

BC Multiple Listing Service® (MLS®) residential sales are forecast to edge up 1.9 per cent to 68,900 units this year, before increasing a further 6.5 per cent to 73,400 units in 2014. The five-year average is 74,600 unit sales, while the ten-year average is 86,800 unit sales. A record 106,300 MLS® residential sales were recorded in 2005.

"Stricter mortgage credit regulation combined with slower economic growth has kept BC home sales at a cyclical low over the past three quarters,"...

South Facine Concrete Town Home 

Join us Sunday May 5 from 2:00 to 4:00

The Hub

110 9009 Cornerstone Mews

Burnaby, BC

Unique and rarely available town home conveniently located in the heart of UniverCity! Steps to shopping, transit, SFU campus & all this area has to offer. This south facing 2level/2bed/2full bath home is in great condition & shows very well. Features: hardwood floors, open layout, euro-inspired kitchen, large windows, tons of storage, separate locker & a fabulous patio space. Top floor offers a large master bedroom w/4 pc ensuite & large walk-in, a 2nd...

The lowest priced 2 Bed & 2 Bath condo in SFU!!!!

Join us Saturday May 4 from 1:00 to 3:00

Novo II

105 9232 Universtiy Cr.,

Burnaby, BC

Clean & Spacious! This South East facing, 2bed/2bath, 888sqft unit offers an open layout, excellent room separation & well sized second bed. Features: stainless apps, granite counters throughout, breakfast bar & lots of cupboard/counter/closet space. The large master has 3pc ensuite & walk-in closet. Enjoy BBQs on the covered oversized balcony. Novo II is a concrete rental & pet friendly building with the balance of 2-5-10 yr warranty...

A closer relationship between home buyer demand and the supply of homes for sale has been having a stabilizing impact on home prices in the Greater Vancouver housing market over the last three months. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,627 on the Multiple Listing Service® (MLS®) in April 2013. This represents a 6.1 per cent decrease compared to the 2,799 sales recorded in April 2012, and an 11.9 per cent increase compared to the 2,347 sales in March 2013.

Last month’s...

We had the chance to speak with Hafez Panju of Royal LePage Coronation West and he shared with us some great tips on what to consider about the market when you’re purchasing your home as well as his thoughts on UniverCity.

Q: We can see from your blog that you closely follow news about the Vancouver housing market. What do you tell clients who watch the market and decide to delay purchasing a home?

Hafez Panju (HP): The real estate market in Vancouver has gone through many changes over the course of the past couple of years.  Sales have trended downwards and prices have also decreased,...

 The British Columbia Real Estate Association (BCREA) reports that a total of 5,661 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during March, up 6.6 per cent from February on a seasonally adjusted basis, but down 17.7 per cent compared to March 2012. Total sales dollar volume 

"BC home sales in March posted the largest seasonally adjusted month-to-month increase since January 2011,” said Cameron Muir, BCREA Chief Economist. “However, homes sale per capita continue to remain near a cyclical low, suggesting that pent-up demand may...

Courtesy of UniverCity and the SFU Community Trust. 

http://univercity.ca/community/univercity-real-estate-investing/

Many homebuyers are discovering that UniverCity is an attractive and complete community, but how does its investment potential stack up against other neighbourhoods in Metro Vancouver?

An analysis prepared by Urban Analytics Inc (UAI), an independent consulting firm, answers this question, finding that UniverCity is Metro Vancouver’s best-kept secret for real estate investing.

In a report released this January, UAI looked at the financial factors that make for a good real...

Join us at an Open House Saturday April 6 from 1:30 to 3:00

Beautiful Views

Spacious Layout

Clean & Move-in Condition

300 9300 University Cr.

Burnaby, BC

SFU, UniverCity

Bright, spacious & extremely clean! This 3bed/2bath/1285sqft luxury concrete home, located in One University Cr., offers an excellent spacious layout, shows like new & is surrounded by beautiful nature trails. Features: East/West exposurewith large covered balcony offering City & lush forest views, rich hardwood floors, 9' ceilings throughout, good size closets in all 3 rooms, open kitchen with SS appliances, quartz...

Join us for an open house on Saturday April 6 from 1:30 to 3:30

16' Soaring Ceilings

1459 sqft, 2 Level, 3 Bed & 3 Bath Condo

Priced at $574,979

Open House: Jan 26 from 1:00 to 3:00 

10 9320 Universt Cr.

Burnaby, BC

Simon Fraser Univeristy, UniverCity

Rarely available! A stunning home w/bouns self-contained studio/flex space; perfect for home/office or suppplement income. This 1459 sqft, 3 bed/3 bath/2 level unit located in prestigious One University Cr. shows very well & is in excellent condition. Features; East/West exposure, open concept plan, soaring 16' living &...

Lower levels of both supply and demand in recent months are holding home prices in check in the Greater Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,347 on the Multiple Listing Service® (MLS®) in March 2013. This represents an 18.3 per cent decrease compared to the 2,874 sales recorded in March 2012, and a 30.6 per cent increase compared to the 1,797 sales in February 2013.

Last month’s sales were the second lowest March total in the region since 2001 and 30.2...

Beautiful Views

Spacious Layout

Clean & Move-in Condition

300 9300 University Cr.

Burnaby, BC

SFU, UniverCity

Bright, spacious & extremely clean! This 3bed/2bath/1285sqft luxury concrete home, located in One University Cr., offers an excellent spacious layout, shows like new & is surrounded by beautiful nature trails. Features: East/West exposurewith large covered balcony offering City & lush forest views, rich hardwood floors, 9' ceilings throughout, good size closets in all 3 rooms, open kitchen with SS appliances, quartz counters & lots of cupboard/counter space....

Vancouver, BC – March 14, 2013. The British Columbia Real Estate Association (BCREA) reports that a total of 4,501 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during February, down 23.6 per cent compared to February 2012. Total sales dollar volume was down 29.9 per cent to $2.39 million. The average MLS® residential price in the province was $514,134, up 3.1 per cent from January, but down 8.1 per cent from a year ago.

“BC home sales continued at a modest pace in February,” said Cameron Muir, BCREA Chief&nb...