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In a recent column I featured Dr. Stuart Kreisman and his wife. They're a young couple who discovered that it's impossible to find a smoke-free condo in Vancouver--at any price. There simply aren't any for sale. Fortunately, there are other options.

Sharon Hammond, Manager of the Smoke-Free Housing Initiative for the Heart and Stroke Foundation, receives "tons of calls from people in condos wanting to know how to adopt non-smoking bylaws."

"One in three people have experienced second-hand smoke from...

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Spring buyers and sellers emerge in the Greater Vancouver housing market

Home buyers and sellers became more active in the Greater Vancouver housing market in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,050 on the Multiple Listing Service® (MLS®) in April 2014. This represents a 16.1 per cent increase compared to the 2,627 sales recorded in April 2013, and a 15.5 per cent increase compared to the 2,641 sales...

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I just finished uploading this Condo for sale, 105 507 East 6th Avenue, Vancouver, BC

Grab your plants and gardening gloves and dust off your BBQ! This above ground, north east facing CORNER unit has TWO separate patio areas. Sharing no walls, this bright, spacious one bedroom and den is unique to any other floor plan in the building. Many windows overlook the 396 sqft of outdoor patio space. 1200 square feet of combined living space! Nicely updated kitchen/bathroom, freshly painted throughout, new...

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I just finished uploading this Condo for sale, 203 2009 HASTINGS Street E, Vancouver East, British Columbia

Entertain on your outdoor deck & enjoy the stunning mountain & harbour views. Bright NW corner suite on quiet side of building. Stainless steel appliances, granite counters, crown mouldings, laminate & tile flooring. 2 bedrooms & 2 full bathrooms, plenty of closet space with insuite storage/walk in as well as storage locker. Convenient central location. Groceries at Donald's...

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REBGV: Vancouver home sales surge in April
By: Michael Aynsley MAY 2, 2014
 

vancouver housingPhoto: Nick Kenrick/Flickr

Greater Vancouver housing sales saw significant gains last month, but market activity was still down compared to the 10-year average.
The Real Estate Board of Greater Vancouver (REBGV) reports that 3,050 single-family detached homes, condos and townhouses changed hands last month, up 16.1 per cent from the 2,627 sales in April 2013, and a 15.5 increase from March of this year....

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May 2, 2014

Spring buyers and sellers emerge in the Greater Vancouver housing market

Home buyers and sellers became more active in the Greater Vancouver housing market in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,050 on the Multiple Listing Service® (MLS®) in April 2014. This represents a 16.1 per cent increase compared to the 2,627 sales recorded in April 2013, and a 15.5 per cent increase compared to the 2,641 sales in March 2014.

Last month’s sales were 5.2 per cent below the 10-year sales average for April of 3,217.

The sales-to-active-listings ratio currently sits at 19.7 per cent in Greater Vancouver, which is the highest this measure has been since June 2011.

“We saw steady increases in home seller and buyer activity in April, which is typically the case in the spring months,” Ray Harris, REBGV president said. “People often look to buy or sell their home this time of year as the school year draws to a close and the summer holiday season is still a few months away,” Harris said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,950 in April. This represents a 1.3 per cent increase compared to the 5,876 new listings in April 2013 and a 12.7 per cent increase from the 5,281 new listings in March. Last month’s new listing count was 1.2 per cent higher than the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the MLS® system in Greater Vancouver is 15,515, a 7.3 per cent decline compared to April 2013 and a 7.2 per cent increase compared to March 2014.

“Home prices in the region continue to show steady, yet modest, increases when compared to last year,” Harris said.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $619,000. This represents a 3.6 per cent increase compared to April 2013.

Sales of detached properties in April 2014 reached 1,336, an increase of 25.6 per cent from the 1,064 detached sales recorded in April 2013, and an 18.7 per cent increase from the 1,126 units sold in April 2012. The benchmark price for detached properties increased 4.7 per cent from April 2013 to $956,700

Sales of apartment properties reached 1,172 in April 2014, an increase of 11.4 per cent compared to the 1,052 sales in April 2013, and a 1.5 per cent decline compared to the 1,190 sales in April 2012. The benchmark price of an apartment property increased 2.6 per cent from April 2013 to $375,500.

Attached property sales in April 2014 totalled 542, a 6.1 per cent increase compared to the 511 sales in April 2013, and a 12.2 per cent increase over the 483 attached properties sold in April 2012. The benchmark price of an attached unit increased two per cent between April 2013 and 2014 to $464,400. 

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I just finished uploading this Townhouse for sale, 101 933 8TH Ave W, Vancouver West, British Columbia

Outstanding Fairview Slopes townhome with spectacular city & mountain views. Slate floor entry, open concept living, formal dining area, gorgeous fireplace. Chef approved gourmet kitchen with windows, matching stainless steel appliances, lots of cupboard space & functional built ins. Spacious semi-ensuite bathroom with jetted tub & walk in shower. Plenty of closet space throughout, complete...

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Categories:   BC HOME LOAN Program