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Blog by Mario Felicella - Sutton Group Westcoast Realty

Canada’s most expensive housing market not headed for crash, says credit agency DBRS

July 30th, 2014

A leading credit rating agency says Canada’s most expensive housing market may not be all that affordable for the average family, but despite that no major correction is coming Vancouver’s way.

DBRS  looked at 39 markets in Canada, the United States and Australia, releasing its focus feature on Vancouver today.

“Based on historical data, the Vancouver market does not appear to be sign ...

Canadian home sales heat up in June

July 23rd, 2014
Canadian home sales heated up in June to their best pace since March 2010 after a sluggish start to the year due to the frigid winter and late spring.

The Canadian Real Estate Association said Tuesday that sales through its Multiple Listings Service in June were up 0.8 per cent from May as sales were up in about half of the markets tracked last month with the Vancouver region and Mon ...

1349 E 21st, Vancouver, BC

July 18th, 2014

I just finished uploading this House for sale, 1349 E 21st, Vancouver, BC

Lovely original family home for sale with neighboring home. Possible land development with RM-1 Zoning. Please call for details.

1343 East 21st, Vancouver, BC

July 18th, 2014

I just finished uploading this House for sale, 1343 East 21st, Vancouver, BC

The one you've been waiting for! Fabulous home in the Charles Dickens catchment, on a lovely tree lined street! This gorgeous light filled home, with updates through out has it all!Great open concept layout with 2 bedrooms up and 2 down (could be a great suite with tons of light!) storage, laundry, lovely deck off the ...

4361 Albert St, Burnaby, BC

July 17th, 2014

I just finished uploading this 1/2 Duplex for sale, 4361 Albert St, Burnaby, BC

Vancouver Hts. 3 BR town home with many recent upgrades including new S/S appliances: Bosch DW, Gas 5 burner stove; new master bath with limestone tile; wood flooring throughout bedroom level; Italian tile flooring on main; in floor HW heat throughout; elegant fireplace in living room; large covered deck off dining a ...

1002 2770 SOPHIA Street, Vancouver East, British Columbia

July 11th, 2014

I just finished uploading this Condo for sale, 1002 2770 SOPHIA Street, Vancouver East, British Columbia

This is the best of the best! Awesome commanding city, mountain and water views from this 2 bedroom & 2 bathroom home! The unit offers a fantastic open floor plan with gorgeous kitchen featuring Corian counter tops, stainless steel appliances, gas range, and custom built cabinetry. The livi ...

Canadian property prices set to rise 5.7% this year

July 8th, 2014
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity and prices for 2014 and 2015.

Little is expected to change on the sales front but nationally average home prices are expected to increase by 5.7% in 2014 but by such 0.7% in 2015.

The CREA report says that an extraordinarily bleak winter resulted in slow start to 2014 national sales activity. As t ...

Canadian consumer confidence rises on real-estate outlook

July 2nd, 2014

Canadian consumer confidence rose for the first time in a month as optimism about real-estate prices surged to the highest in almost five years.

The Bloomberg Nanos Canadian Confidence Index climbed to 59.2 for the week ended June 27, from 58.5 in the prior period. The percentage of respondents who believe home values in their neighborhood will increase in the next six months rose to 44 ...

1208 ISLAND Park, Vancouver West, British Columbia

July 1st, 2014

I just finished uploading this Townhouse for sale, 1208 ISLAND Park, Vancouver West, British Columbia

WATER LIVING in fabulous False Creek! This one level, open plan 2 bedroom and 2 bathroom townhouse offers a walk out patio and amazing water views. Views are from the large kitchen, the dining area and awesome views from the huge living room that features fireplace and walk out to patio area. ...

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