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Open House. Open House on Saturday, October 5, 2024 1:00PM - 3:00PM
Please visit our Open House at 588 28TH AVE W in Vancouver.
Open House on Saturday, October 5, 2024 1:00PM - 3:00PM
This is the best value in all of Cambie. Fab brand new 2 bdrm, 3 bath, 2 lvl t home at Intergulf’s newest dev., Lilibet. This 1208 sq ft home features 9'ft ceiling on the main floor, dual A/C & heating system, engineered h/w, and modern finishing t/o. It offers a 480 sq ft exclusive and private rooftop deck that boasts skyline views and an amazing area to spread out and entertain. The location is so central and walkable to Cambie Village shopping & Canada Line 5 minutes, the New Oakridge just 10 minutes and QE Park a short 5 minutes, and yet it is very quiet. Wonderful lifestyle home so close to everything. Pets & Rentals ok. Buy to live in or for investment. This home comes with its own private storage room of approx. 250 sq ft plus 1 parking. Open Sat & Sun Oct 5 & 6th, 1-3 & 2-4.
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Open House. Open House on Sunday, October 6, 2024 2:00PM - 4:00PM
Please visit our Open House at 588 28TH AVE W in Vancouver.
Open House on Sunday, October 6, 2024 2:00PM - 4:00PM
This is the best value in all of Cambie. Fab brand new 2 bdrm, 3 bath, 2 lvl t home at Intergulf’s newest dev., Lilibet. This 1208 sq ft home features 9'ft ceiling on the main floor, dual A/C & heating system, engineered h/w, and modern finishing t/o. It offers a 480 sq ft exclusive and private rooftop deck that boasts skyline views and an amazing area to spread out and entertain. The location is so central and walkable to Cambie Village shopping & Canada Line 5 minutes, the New Oakridge just 10 minutes and QE Park a short 5 minutes, and yet it is very quiet. Wonderful lifestyle home so close to everything. Pets & Rentals ok. Buy to live in or for investment. This home comes with its own private storage room of approx. 250 sq ft plus 1 parking. Open Sat & Sun Oct 5 & 6th, 1-3 & 2-4.
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Buyers remain cautious to begin the fall market

VANCOUVER, BC – October 2, 2024 – Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far.

Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,852 in September 2024, a 3.8 per cent decrease from the 1,926 sales recorded in September 2023. This was 26 per cent below the 10-year seasonal average (2,502).

“Real estate watchers have been monitoring the data for signs of renewed strength in demand in response to recent mortgage rate reductions, but the September figures don’t offer the signal that many are watching for,” Andrew Lis, GVR’s director of economics and data analytics said. “Sales continue trending roughly 25 per cent below the ten-year seasonal average in the region, which, believe it or not, is a trend that has been in place for a few years now. With the September data, sales are now tracking slightly below our forecast however, but we remain optimistic sales will still end 2024 higher than 2023.”

There were 6,144 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2024. This represents a 12.8 per cent increase compared to the 5,446 properties listed in September 2023. This was also 16.7 per cent above the 10-year seasonal average (5,266).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 14,932, a 31.2 per cent increase compared to September 2023 (11,382). This is 24.2 per cent above the 10-year seasonal average (12,027).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for September 2024 is 12.8 per cent. By property type, the ratio is 9.1 per cent for detached homes, 16.9 per cent for attached, and 14.6 per cent for apartments.

Analysis of the historical data suggests downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“With some buyers choosing to stay on the sidelines, inventory levels have sustained the healthy gains achieved over the course of this year, providing much more selection to anyone searching for a home,” Lis said.

With all this choice available, prices have trended sideways for the past few months. The September figures, however, are now showing modest declines across all segments on a month over month basis. This downward pressure on prices is a result of sales not keeping pace with the number of newly listed properties coming to market, which has now put the overall market on the cusp of a buyers’ market. With two more policy rate decisions to go this

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Open House. Open House on Saturday, October 5, 2024 2:00PM - 4:00PM
Please visit our Open House at 17 7848 170 ST in Surrey.
Open House on Saturday, October 5, 2024 2:00PM - 4:00PM
The Vantage is an award winning development by Vesta. You'll love this move in ready 3 bedroom home which has been beautifully maintained. The complex is nestled beside the Surrey Golf Course and offers over 1760 sq ft of living on 3 levels. 9 ft ceilings provide a feeling of space and abundance of natural light. There's a lovely private garden patio off the kitchen eating area and gas hook up for your bbq. Lots of storage in your private attached garage. Conveniently located close to Fleetwood Comm Ctr and Library, Fleetwood Park Sec & William Watson Elem schools. Future Skytrain will be 4 blocks away. Open House Sat Oct 5th, 2-4.
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Open House. Open House on Sunday, October 6, 2024 2:00PM - 3:30PM
Please visit our Open House at 906 518 MOBERLY RD in Vancouver.
Open House on Sunday, October 6, 2024 2:00PM - 3:30PM
Sub-Penthouse w BIG VIEWS. Over 2000 sq ft of living w 600 sq feet of view balcony and Terrace boasting terrific views from every room. NEWPORT QUAY is situated in the heart of False Creek steps to the waters edge, False Creek Ferries and the seawall. Resort style location and living. This 3 bedroom home boasts generous room sizes to accommodate those with house sized furniture. The suite was renovated back about 25 years ago so for most, is ready for another remodel. Its priced to reflect this and at just $ 1189 / sq ft its the best value for living in False Creek. The suite faces North, east and west with an abundance of natural light and a sundrenched view terrace to enjoy outdoor entertaining. 2 Parking. Check out the photos and video. Viewings are all by appt only. Sorry, No Pets.
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New property listed in Fleetwood Tynehead, Surrey
We have listed a new property at 17 7848 170 ST in Surrey.
The Vantage is an award winning development by Vesta. You'll love this move in ready 3 bedroom home which has been beautifully maintained. The complex is nestled beside the Surrey Golf Course and offers over 1760 sq ft of living on 3 levels. 9 ft ceilings provide a feeling of space and abundance of natural light. There's a lovely private garden patio off the kitchen eating area and gas hook up for your bbq. Lots of storage in your private attached garage. Conveniently located close to Fleetwood Comm Ctr and Library, Fleetwood Park Sec & William Watson Elem schools. Future Skytrain will be 4 blocks away. Open House Sat Oct 5th, 2-4.
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Open House. Open House on Saturday, September 28, 2024 2:00PM - 4:00PM
Please visit our Open House at 1209 63 KEEFER PL in Vancouver.
Open House on Saturday, September 28, 2024 2:00PM - 4:00PM
You're going to love the location and views this 2 bedroom plus den provides. Walk to everything. The suite is primarily South, East and West Facing with an abundance of natural light. The heat pump provides AC in the warm summer months. Great layout and ready for someone to come in and renovate. The suite is livable but in original condition. This would be a great move in condo or buy and rent out. Pets and Rentals ok. Easy to show. Open House Sat Sept 28th, 2-4.
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Open House. Open House on Sunday, September 29, 2024 2:00PM - 3:30PM
Please visit our Open House at 2650 MARINE CRES in Vancouver.
Open House on Sunday, September 29, 2024 2:00PM - 3:30PM
Rare and private 35 x 218 lot on highly sought after Marine Crescent across from McCleery park. Only second time ever on the market, this beautiful 4 bed 5 bath home is one of a kind. Upstairs, find 3 generous bdrms all with ensuites. Ocean view from the Master bdrm. Open floor plan on the main floor with great sunsets. High end finishes include a gourmet kitchen with large marble island & backsplash. Additional amenities include spa-like ensuites, high end appliances such as WOLF six range stove, Sub-Zero fridge, wine fridge, double oven, large laundry room, a 2 car garage and a gated driveway for security & privacy. Take a step into the serene garden to find lilac trees and lush rose bushes nestled into an additional back house. Open House Sun Sept 29th, 2-3:30.
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Open House. Open House on Saturday, September 28, 2024 2:00PM - 4:00PM
Please visit our Open House at 588 28TH AVE W in Vancouver.
Open House on Saturday, September 28, 2024 2:00PM - 4:00PM
This is the best value in all of Cambie. Fab brand new 2 bdrm, 3 bath, 2 lvl t home at Intergulf’s newest dev., Lilibet. This 1208 sq ft home features 9'ft ceiling on the main floor, dual A/C & heating system, engineered h/w, and modern finishing t/o. It offers a 480 sq ft exclusive and private rooftop deck that boasts skyline views and an amazing area to spread out and entertain. The location is so central and walkable to Cambie Village shopping & Canada Line 5 minutes, the New Oakridge just 10 minutes and QE Park a short 5 minutes, and yet it is very quiet. Wonderful lifestyle home so close to everything. Pets & Rentals ok. Buy to live in or for investment. This home comes with its own private storage room of approx. 250 sq ft plus 1 parking. Open Sat & Sun Sept 28 & 29th, 2-4.
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Open House. Open House on Sunday, September 29, 2024 2:00PM - 4:00PM
Please visit our Open House at 588 28TH AVE W in Vancouver.
Open House on Sunday, September 29, 2024 2:00PM - 4:00PM
This is the best value in all of Cambie. Fab brand new 2 bdrm, 3 bath, 2 lvl t home at Intergulf’s newest dev., Lilibet. This 1208 sq ft home features 9'ft ceiling on the main floor, dual A/C & heating system, engineered h/w, and modern finishing t/o. It offers a 480 sq ft exclusive and private rooftop deck that boasts skyline views and an amazing area to spread out and entertain. The location is so central and walkable to Cambie Village shopping & Canada Line 5 minutes, the New Oakridge just 10 minutes and QE Park a short 5 minutes, and yet it is very quiet. Wonderful lifestyle home so close to everything. Pets & Rentals ok. Buy to live in or for investment. This home comes with its own private storage room of approx. 250 sq ft plus 1 parking. Open Sat & Sun Sept 28 & 29th, 2-4.
Read
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.