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Blog by Mario Felicella - Sutton Group Westcoast Realty

See how the interest rate cut affects Vancouver's housing market

January 25th, 2015

The low dollar, the interest rate cut and the recovery of the American economy should mean good news for the real estate markets in most places in B.C., experts say.

But the plummeting cost of oil and the resulting instability of the Canadian economy could hurt domestic demand and spell bad news for resort areas such as the Okanagan, which rely on people from Alberta buying vacation homes.

Dan ...

Vancouver sets new record for high-price houses in 2014

January 19th, 2015

The number of posh properties that sold last year in the Vancouver region swelled, setting a new record.

There were 842 homes that fetched $3-million or more in 2014, up 31 per cent from sales volume of 644 in 2013, according to Macdonald Realty Group’s compilation of data from two local real estate boards. Last year’s performance smashed the previous record of 691 luxury sales in 2011.

In the ...

Kitsilano Open House!

January 14th, 2015

We are proud to announce that this Jan 18th, 2:00 PM to 4:00 PM we will be hosting an Open House at 3017 2ND Ave W in the Kitsilano neighborhood, Vancouver West. This is an opportunity to visit this excellent Duplex for sale in beautiful Kitsilano.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Kitsilano Duplex for sale.

As always please do not ...

3017 2ND Ave W, Vancouver West, British Columbia

January 14th, 2015

I just finished uploading this Duplex for sale, 3017 2ND Ave W, Vancouver West, British Columbia

GORGEOUS NEW 3 BED & 3 BATH 3 LEVEL HALF DUPLEX-REAR UNIT on 40' LOT with FULL ENCLOSED PRIVATE YARD. Open plan main floor with over height 10'ceilings, huge living space w/ gas F/P that walks out to patio/yard area. Huge gourmet kitchen with island and awesome lighting, superb cabinets and W ...

Kitsilano Open House!

January 14th, 2015

We are proud to announce that this Jan 18th, 2:00 PM to 4:00 PM we will be hosting an Open House at 3015 2ND Ave W in the Kitsilano neighborhood, Vancouver West. This is an opportunity to visit this excellent Duplex for sale in beautiful Kitsilano.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Kitsilano Duplex for sale.

As always please do not ...

3015 2ND Ave W, Vancouver West, British Columbia

January 14th, 2015

I just finished uploading this Duplex for sale, 3015 2ND Ave W, Vancouver West, British Columbia

GORGEOUS NEW 3 BED & 3 BATH 2 LEVEL HALF DUPLEX-FRONT UNIT on 40' LOT with FULL ENCLOSED YARD AREA. Open plan main floor with over height 10'ceilings, huge living space w/ gas F/P that walks out to patio and yard area. Amazing gourmet kitchen with island and awesome lighting, superb cabinets ...

Should you buy a house in 2015? It's a question many people are asking

January 12th, 2015

Buy a house. Don’t buy a house. Soft landing. Crash landing. As we start the new year, the question on everyone’s mind is: What can we expect from Canada’s housing market?

Once again, experts agree that housing affordability is stretched, historically low interest rates will rise, and housing prices will drop. Rewind 365 days and you could be reading a forecast for 2014. But this time the exp ...

Vancouver's single-family homes see greatest increase in value

January 5th, 2015

Metro Vancouver homeowners have grown accustomed to healthy increases on their annual B.C. Assessment notices, which are now landing in mailboxes.

What’s new this year is that condo values are also rising in the region, after a few flat years that saw condo construction outpace homebuyer demand.

“Condominiums, that’s apartments and townhouses, up until 2014 had been relatively flat over three y ...

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