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Blog by Mario Felicella - Sutton Group Westcoast Realty

Canadians are getting richer, thanks to their houses

May 25th, 2015
A new survey out today on the property wealth of high net worth individuals, should hit some Canadians right where they live.

Bank of Montreal found among its high net worth clients that primary residences were worth almost $1.5 million on average. Those clients were defined as having more than $1 million in investible assets.

On top of that, the survey found 36 per cent of those people own at ...

1003 1483 7TH Ave W, Vancouver West, BC

May 21st, 2015

I just finished uploading this Apartment Unit for sale, 1003 1483 7TH Ave W, Vancouver West, BC

Verona of Portico, built by BOSA with unobstructed VIEWS of English Bay, Northshore Mountains, City - DT, Kitsilano & Granville St. One of premier locations in Vancouver- steps away to Granville Island, Seawalks, Galleries, Inspiring shops and Fine dining. Mins away to DT&UBC. Enjoy privacy with onl ...

3120 YEW Street, Vancouver West, British Columbia

May 21st, 2015

I just finished uploading this Duplex for sale, 3120 YEW Street, Vancouver West, British Columbia

Corner Heritage style Kitsilano home brand new 3 bedrooms and 3 bathroom duplex, offering private front entrance that faces Yew St. The main floor feature a huge open plan, gorgeous living room with coffered ceiling, large well-appointed gourmet kitchen offering Thermador appliances and a massive ...

The Drive Open House!

May 21st, 2015

We are proud to announce that this May 24th, 2:00 PM to 4:00 PM we will be hosting an Open House at 1830 Venables Street in the The Drive neighborhood, Vancouver East. This is an opportunity to visit this excellent House for sale in beautiful The Drive.

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

As always please do ...

“Seller’s market” takes grip of Vancouver condo market

May 20th, 2015
Plunging mortgage rates, a tight inventory and parents willing to bankroll their kids are all factors pushing Vancouver new condominium sales and prices into record territory this spring.

But foreign buyers are not a big part of the factor.

“It is a seller’s market,” said Bryan Yu, senior economist with Central 1 Credit Union in Vancouver.

A study prepared by Urban Analytics Inc. for the Urban D ...

1830 Venables Street, Vancouver East, BC

May 13th, 2015

I just finished uploading this 1/2 Duplex for sale, 1830 Venables Street, Vancouver East, BC

Housing sales surge 37% in Vancouver and 17% in Toronto in April

May 11th, 2015
Canada’s two hottest housing markets got hotter in April, with the number of sales in Vancouver surging 37 per cent and Toronto up 17 per cent from last April.

The Real Estate Board of Greater Vancouver says people are not looking to sell their homes, with listings falling 19 per cent since last year. Supply is especially tight in Metro Vancouver, where the average selling price of a detached ...

6 939 7TH Ave W, Vancouver West, British Columbia

May 9th, 2015

I just finished uploading this Townhouse for sale, 6 939 7TH Ave W, Vancouver West, British Columbia

Stunning views from this very bright updated 2 bed one level townhouse! This fabulous home offers private entry with solid wood staircase to an open plan. Nicely renovated kitchen with opening skylight idea for the summer, newer appliance (Fisher Paykell fridge Samsung stove and Kitchen Aid dis ...

Supply not meeting demand in Vancouver’s red-hot real-estate market

May 5th, 2015

Metro Vancouver’s April real estate numbers point to a red-hot housing market that’s having trouble keeping up with demand.

The Real Estate Board of Greater Vancouver said there were 4,179 residential property sales in the region last month, representing a whopping 37 per cent increase over April 2014.

Meanwhile, the number of property listings dropped 20 per cent over the same period.

“The supp ...

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