Vancouver Real Estate News 2018

Exciting Developments are Happening in Lower Lonsdale

The opening of a hotel, two restaurants, shops and the region’s largest public ice rink at a North Shore development taking shape will complete Lower Lonsdale’s transformation into one of the region’s top gathering spots, says North Vancouver’s mayor and the developers of Lot 5.

To read more about this exciting development CLICK HERE


Quote of the Month 

If you want a golden design rule, follow this quote:

“Have nothing in your house that you do not know to be useful,
or believe to be beautiful

Source: William Morris (24 March 1834 – 3 October 1896) was an English textile designer, artist, writer, socialist and Marxist associated with the Pre-Raphaelite Brotherhood and the English Arts & Crafts Movement.


Steady Sales & Diminished Listings Summarizes 2017

Metro Vancouver Housing Market

After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. However they were still 9.7% above the 10 year sales average.

For the full report CLICK HERE


December Stats Snapshot

Please see below the 1yr percentage changes in property values for popular areas within Metro Vancouver, as provided by the Home Price Index (HPI)*:

For the full stats report CLICK HERE

                                          Detached 

West Vancouver           +4%               

North Vancouver          +5.2%             

Vancouver West           +3.3%               

Vancouver East            + 7.1%          

Burnaby  North             +6%         

Whistler                         +17.1%   

                                        Apartments 

West Vancouver        +19.5%                

North Vancouver       +22.2%                 

Vancouver West        +20.2%               

Vancouver East         +25.4% 

Burnaby  North          +26.7%         

Whistler                      +26.5%       

                                         Townhouses

West Vancouver               NA

North Vancouver           +16.1%

Vancouver West            +12.6%

Vancouver East             +19.8%

Burnaby  North              +22.6%

Whistler                          +23.8%


Testimonials

“It has been a real pleasure working with you Raif! Thank you for the excellent service you’ve provided in selling our condominium. We were thrilled with how smooth and quick the experience was. The preparation and advice you provided really took the pressure off of us. We appreciate how you listened to us, answered all our questions and developed a plan that fit our specific circumstances.  You hit the mark to attract buyers resulting in three offers over ask. We are very happy with the result! We are pleased to provide you with a high recommendation as you have proven yourself to be a very knowledgeable, considerate and thorough professional realtor.  Many thanks! We’ll be sure to call on you again for future realty needs.”
K, K & R

“We recently sold and purchased our new home through Raif, and couldn’t be happier. He made our experience quick and easy. Raif was very attentive to our needs and always made himself available. He did an exceptional job negotiating on our behalf, securing us a great price for the sale and purchase.  Both Pete and I highly recommend Raif and we will definitely be using his services again in the future!”
P & C

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