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Blog by Mario Felicella - Sutton Group Westcoast Realty

Vancouver real estate prices will keep rising for 2 years

November 25th, 2015

British Columbia homeowners can celebrate the latest predictions about real estate prices - but would-be home buyers could face even more pressure.

Central 1 Credit Union senior economist Bryan Yu predicts B.C. home prices and sales will continue to rise for the next two years.

He says average prices in the province will leap six per cent this year to $425,000, reaching $462,000 by 2017, with ...

2472 West 4th Ave, Vancouver West, BC

November 24th, 2015

I just finished uploading this 1/2 Duplex for sale, 2472 West 4th Ave, Vancouver West, BC

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

November 24th, 2015

I just sold this Townhouse at 6 939 7TH Ave W, Vancouver West, British Columbia Fairview VW.

View this recently sold Townhouse or see all my home sales

3646 Triumph, Vancouver East, BC

November 24th, 2015

I just finished uploading this House for sale, 3646 Triumph, Vancouver East, BC

Amazing Views! Great opportunity to own this fantastic view property. This classic “Vancouver Special” offers 4 bedrooms, 3 bathrooms on two levels. Here is your chance to renovate existing house or build your dream home! Superb 33’ by 122’ southern lot with back lane. SOLD IN DAYS!

Sales of existing homes in Canada rose in October as Vancouver and Toronto lead the way

November 16th, 2015

Sales of existing homes in Canada rose in October from September led by strength in the Vancouver and Toronto markets despite signs of slack in the condo market, a report from the Canadian Real Estate Association showed on Monday.

The industry group for Canadian real estate agents said sales activity was up 1.8 per cent last month from September. Actual sales for October, not seasonally adju ...

Vancouver and Toronto house prices still soaring, stats show

November 9th, 2015

Canada's two hottest housing markets are seeing house prices escalate into record territory in October — a time when real estate sales typically slow down.

The average price of a detached house in Toronto has risen by 12.5 per cent in the last year to reach $1.07 million in October. In Metro Vancouver, the price spike was even steeper, with the benchmark price for a detached house 20.1 per cen ...

Vancouver's apartment vacancy rate drops further

November 3rd, 2015

Finding an apartment to rent in Vancouver has become more difficult than it was last year, according to a Canada Mortgage and Housing Corporation report released November 2.

The city’s already-low apartment vacancy rate has fallen to 0.8%, down from 1.0% last year and 1.7% two years ago. As fewer apartments have become available, the average rent for a two-bedroom apartment has increased 4.6% ...

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