Written By Chris Brown

REBGV Market Update // June 2020

“REALTORS® continue to optimize new technology tools and practices to help their clients meet their housing needs in a safe and responsible way,” Colette Gerber, REBGV Chair said “Over the last three months, home buyers and sellers have become more comfortable operating within the physical distancing and other safety protocols in place.” [read more]

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Client Testimonial!

As first time home buyers with little knowledge of the market, Chris supported us through every aspect of the home buying process. Chris was very responsive and attentive to our needs and was always willing to take the time to answer any questions we had in a way that left us feeling confident. [read more]

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New Price // 2304 – 1775 QUEBEC ST, MOUNT PLEASANT, VANCOUVER

This modern 2 bedroom Olympic Village view apartment is now offered at $985,000. [read more]

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Just sold // 304 – 1425 Esquimalt Ave, Ambleside, West Vancouver

Just sold! Congratulations to my clients on the successful marketing and sale of their family investment property in walkable Ambleside, West Vancouver.  [read more]

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Just Sold // 204 – 250 W 4th St, Lower Lonsdale, North Vancouver

Just sold! Congratulations to my first time buyer clients on the purchase of their new home in Lower Lonsdale!  [read more]

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Home prices remain steady in today’s market

"Home prices have been stable during the COVID-19 period," Colette Gerber, REBGV Chair said. "While we’re seeing a variety of long-term projections for the market, it's critical to understand the facts and trends as they emerge." [read more]

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Mortgage rule changes: CMHC tightens requirements for homebuyers

Qualifying for a mortgage is about to get harder for anyone who doesn’t have at least a 20 per cent down payment for a home, which is likely to have an outsized effect on first-time buyers. Canada Mortgage and Housing Corporation (CMHC) is tightening its rules to qualify for an insured mortgage. [read more]

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Understanding the Contract of Purchase and Sale

The British Columbia Real Estate Association (BCREA) has created a video for REALTORS® to share with their clients to help explain one of the key documents used in a real estate transaction: the Contract of Purchase and Sale (CPS). Central to any transaction, the CPS outlines the terms and conditions on which a transaction takes place. [read more]

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NEW LISTING // 2304 – 1775 QUEBEC ST, MOUNT PLEASANT, VANCOUVER

Gorgeous city and mountain VIEWS from this 23rd floor East facing 2 bed plus den Sky Home at OPSAL by Bastion. This certified LEED Silver building towers over Olympic Village and Southeast False Creek. [read more]

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JUST SOLD // 1501 Frederick Rd, Lynn Valley, North Vancouver

I am pleased to have just represented a Buyer in the sale of 1501 Frederick Rd, Lynn Valley, North Vancouver.  [read more]

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JUST SOLD // 303 – 1327 Draycott Rd, Lynn Valley, North Vancouver

Just sold! 303 1327 Draycott Rd, Lynn Valley North Vancouver. Congratulations to my Seller on the quick sale of their Lynn Valley apartment. This home was offered at $859,900. [read more]

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NEW PRICE // 806 – 955 E Hastings St, Strathcona, Vancouver

Enjoy unobstructed mountain, water and city views from The Heatley at Strathcona Village! This spacious home offers two full size bedrooms, a large flex space and a unique enclosed balcony / solarium - not available in many homes and perfect for your home business. [read more]

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New Price // 303 – 1327 DRAYCOTT RD, LYNN VALLEY, NORTH VANCOUVER

New price and easy to show! Now $859,900. A bright 3 bed corner home with Westerly mountain views - welcome to #303 at Walters Place in Lynn Valley. From here, walk to the best of Lynn Valley including schools, restaurants, shopping, Parks and transit! [read more]

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New Listing // 806 – 955 E Hastings St, Strathcona, Vancouver

Enjoy unobstructed mountain, water and city views from this NW corner home at The Heatley at Strathcona Village! This home is spacious offering two full size bedrooms, a large in-home flex space and a unique enclosed balcony - not available in many plans and perfect for your home business. [read more]

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New Listing // 303 – 1327 Draycott Road, Lynn Valley, North Vancouver

New price and easy to show! A bright 3 bed corner home with Westerly mountain views - welcome to #303 at Walters Place in Lynn Valley. [read more]

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Client Testimonial

Working hard to move mountains for my clients! Thank you B & K for the kind words. They are most appreciated. [read more]

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New Price // 2513 W 8th Ave, Kitsilano, Vancouver

Located on a quiet neighbourhood street in the heart of Kitsilano, you'll find the perfect heritage-inspired 1 bedroom home. [read more]

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Steady Demand and Low Supply Benefits Home Sellers

February saw steady home buyer demand and reduced home seller supply across Metro Vancouver*. [read more]

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SOLD // 412 – 1150 Bailey Street, Downtown, Squamish

2 bedroom (1 w/out window) plus den/flex space, one bathroom, 9' ceilings, quartz counter tops with undermount sink, stainless steel appliances, laminate floors, large windows for lots of light, TWO parking stalls, storage locker, and common amenities room and deck with lounge seating and BBQ. [read more]

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New Listing! 1314 Mountain Highway, North Vancouver

Adjoining property at 1330 Mountain Highway also available for sale (R2436228). Opportunity to assemble both for approx. 32,000sf of land. Great family home sitting on an almost 10,000 sq ft lot in Westlynn. [read more]

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New Listing // 304 – 1425 Esquimalt Ave, West Vancouver

Welcome to Oceanbrook in the heart of Ambleside Village! This bright West facing home offers mountain and partial ocean views. Renovated in 2010, updates include kitchen, appliances and bathroom. [read more]

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New Listing! 17 – 533 East 3rd Street, North Vancouver

Founders Block North is a boutique collection of family-focused 2 bedroom condominiums and 3 & 4 bedroom townhomes, some including live-work or legal suites that are perfect as a mortgage helper or home business in North Vancouver's Moodyville neighborhood. [read more]

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Sold // 106 – 1445 Marpole Ave, Vancouver

This renovated 1 bedroom at popular Hycroft Towers in trendy South Granville sold in 1 week!! [read more]

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Buying Costs

If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property. [read more]

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Sold // 513 – 177 W 3rd St, Lower Lonsdale, North Vancouver

A brand new 2 Bed, 2 Bath home is the latest unit SOLD at West Third in Lolo! West Third, by Anthem, is a luxurious concrete building offering 57 move-in ready residences ranging from 2 bedroom to 3 bedroom+den located in the coveted neighborhood of Lower Lonsdale in North Vancouver. [read more]

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Sold // 1007 – 1177 Hornby St, Vancouver

Spacious suite in the heart of downtown. This well laid out suite with, 2 separated bedrooms & 2 baths, at London Place is a great space to call HOME. With a walkscore of 97, this location has it all. [read more]

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Sold: 319 – 360 E 2nd Street, North Vancouver

Perfect starter home or investment property in Lower Lonsdale. Emerald Manor is a solid building located on a quiet street away from the buzz of Lower Lonsdale but only a quick walk from the Seabus and other amenities. [read more]

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Sold: 40523 N Highlands Way, Squamish

This renovated family home on a private lot backing on to green space is a must see. Enjoy sunny mountain views from your large front yard as you watch the kids walk to Garibaldi Highlands Elementary. [read more]

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Sold: 305 – 177 W 3rd Street, North Vancouver

West Third, by Anthem is a luxurious concrete building offering 57 move-in ready residences ranging from 2 bedroom to 3 bedroom+den located in the coveted neighborhood of Lower Lonsdale in North Vancouver. [read more]

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Home sale activity up, supply down to start 2020

“We’ve begun 2020 with steady home buyer demand that tracks close to the region’s long-term average,” Ashley Smith, REBGV president said. “Looking at supply, we’re seeing fewer homes listed for sale than is typical for this time of year. As we approach the traditionally more active spring market, we’ll keep a close eye on supply to see if the number of homes being listed is keeping pace with demand.” [read more]

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