Mike’s Blog for Home Buyers

February 2017 Real Estate Board of Greater Vancouver Statistics Package with Graphs & Charts

February 2017 REBGV Statistics Package Mike Stewart Realtor from Mike Stewart Low supply continues to limit Metro Vancouver home buyers Reluctance amongst Metro Vancouver* home sellers is impacting sale and price activity throughout the region’s housing market. Residential home sales in the region totalled 2,425 in February 2017. This is a 41.9 per cent decrease from the record 4,172 homes sold in February 2016 and an increase of 59.2 per cent compared to January 2017 when 1,523 homes sold. Last month’s sales were 7.7 per cent below the 10-year February sales average. “February home sales were well below the record-breaking… Find out more

January 2017 Real Estate Board of Greater Vancouver Statistics Package with Charts and Graphs

January 2017 Rebgv Statistics Package Mike Stewart Vancouver Realtor from Mike Stewart Metro Vancouver housing market off to a quieter start than last year Home sales and listings trends are below long-term averages in the Metro Vancouver* housing market. This is due largely to reduced activity in the detached home market. Residential property sales in the region totalled 1,523 in January 2017, a 39.5 per cent decrease from the 2,519 sales recorded in January 2016 and an 11.1 per cent decrease compared to December 2016 when 1,714 homes sold. Last month’s sales were 10.3 per cent below our 10-year January… Find out more

118-150 Robson by Amacon.

118-150 Robson by Amacon – Plans, Prices, Availability

At a Glance prime location at Robson & Cambie streets 30-storey mixed-use building 125 studio to 3-bedroom condos hotel with restaurant & lounge 1 block from BC Place Stadium 1 block from Vancouver Public Library goal of LEED Gold Where Downtown Meets Yaletown Canadian developer, Amacon, has proposed to redevelop the site of the Northern Electric Company Building at 118-150 Robson Street into a mixed-use building containing a 120-room hotel, 4,635 sq ft of commercial space, and a residential tower with 125 condominiums. The Art Moderne façade of the heritage building will be restored and re-purposed into retail shops and… Find out more

December 2016 Real Estate Board of Greater Vancouver Real Estate Statistics Package with Charts & Graphs

December 2016 rebgv statistics package mike stewart vancouver realtor from Mike Stewart A heated year for Metro Vancouver real estate draws to a close The Metro Vancouver housing market had its third highest selling year on record in 2016, behind only 2015 and 2005. Sales of detached, attached and apartment properties in the region reached 39,943 in 2016, a 5.6 per cent decrease from the 42,326 sales recorded in 2015, and a 20.6 per cent increase over the 33,116 residential sales in 2014. “It was an eventful year for real estate in Metro Vancouver. Escalating prices caused by low supply… Find out more

Are Foreclosures Necessarily Good Value in Vancouver?

by Jon Lumer Everyone in Vancouver is looking for a deal. Rental rates are jumping to catch up with the sharp increase in property values and many tenants (as always) are looking at home ownership as a way to avoid paying rent to their landlord and start paying it to themselves, or at least their lender. Meanwhile, investors made dizzy by the capital appreciation they've witnessed in Vancouver over the last three years are desperate for a piece of the action or hope to expand their current holdings. Many of these potential buyers, be they first-time home owners or investors,… Find out more

Park Station – 50 Luxurious Oakridge-Langara Condos + Townhouses

At a Glance 8-storey, mixed-use concrete building seven 2-storey townhomes 43 1-, 2- & 3-bedroom condos three ground floor commercial spaces steps from Canada Line, Oakridge Centre, Langara Golf Course air conditioning airy 9’4" ceilings spacious decks or patios Vancouver's Most Central Address All paths lead to Park Station – a central neighbourhood location in the park-like Oakridge Langara district. A quiet structure in monochromatic tones, Park Station exudes confidence and well-grounded permanence. Its timelessness acts as a compliment to its neighbourhood of mature trees and streetscapes, emerging as a captivating new addition to the boulevard. Expansive windows and dramatic… Find out more