Posted in
Cape Horn, Coquitlam Real Estate
I have sold a property at 2064 CONCORD AVE in Coquitlam.
LOVELY 5 bed, 3 bath, 2630 sq ft rancher w/carport & full basement on CUL DE SAC. Private & green setting w/lots of trees, gardening spots & patios/decks. All rooms nicely finished & well-maintained! Bright kitchen w/eating area. Din, liv room & mstr bedroom have great views w/access to 53' deck. Wood-burning fireplace in living room & rec room below! Rec room has its own entrance & kitchenette, rent as 1 or 2-bed suite! UPDATES: s/s kitch appliances & quartz countertops, main bathroom redone, ensuite powder room redone, new flooring throughout, new paint throughout, new blinds throughout. Roof is 9 yo, furnace is 12, hw tank is 4, wash/dryer are 2. Schools, shopping, recreation, Hwy 1 & Lougheed very close. Check the virtual tour! OPEN HOUSE: Feb 23, 2-4 Canadian Real GDP (2019-Q4) - Feb 28, 2020
Posted on
February 28, 2020
by
Steve Flynn
The Canadian economy slowed to 0.1% in the fourth quarter of 2019, owing to a decrease in business investment and weak trade. Offsetting these declines were increased household spending. GDP growth ended 2019 with 1.6 per cent, a deceleration from the 2 per cent growth reported in 2018. Copyright British Columbia Real Estate Association. Reprinted with permission. Canadian Retail Sales (Dec) - Feb 22, 2020
Posted on
February 22, 2020
by
Steve Flynn
Seasonally-adjusted Canadian retail sales were unchanged in December at $51.6 billion, after rising 1.1% in November. Higher sales at building material and garden equipment stores, and at food and beverage stores more than offset lower sales at auto dealers and gas stations. Sales were up in 7 of 11 sub-sectors, representing 49% of retail sales. Copyright British Columbia Real Estate Association. Reprinted with permission. Canadian Inflation (Jan) - Feb 19, 2020
Posted on
February 20, 2020
by
Steve Flynn
Canadian inflation, as measured by the Consumer Price Index (CPI) rose by 2.4 per cent in January year-over-year, following a 2.2 per cent increase in December. Excluding the impact of higher gasoline prices, national CPI rose by 2.0 per cent year-over-year. The rise in gas prices in January were largely a function of concerns over global oil supplies in response to international political events. The Bank of Canada's three measures of trend inflation fell to average 2.0 per cent in January. Copyright British Columbia Real Estate Association. Reprinted with permission. Open House. Open House on Sunday, February 23, 2020 2:00PM - 4:00PM
Posted on
February 20, 2020
by
Steve Flynn
Posted in
Cape Horn, Coquitlam Real Estate
Please visit our Open House at 2064 CONCORD AVE in Coquitlam.
Open House on Sunday, February 23, 2020 2:00PM - 4:00PM LOVELY 5 bed, 3 bath, 2630 sq ft rancher w/carport & full basement on CUL DE SAC. Private & green setting w/lots of trees, gardening spots & patios/decks. All rooms nicely finished & well-maintained! Bright kitchen w/eating area. Din, liv room & mstr bedroom have great views w/access to 53' deck. Wood-burning fireplace in living room & rec room below! Rec room has its own entrance & kitchenette, add stove to make full kitchen & rent as 1 or 2-bed suite! UPDATES: s/s kitch appliances & quartz countertops, main bathroom redone, ensuite powder room redone, new flooring throughout, new paint throughout, new blinds throughout. Roof is 9 yo, furnace is 12, hw tank is 4, wash/dryer are 2. Schools, shopping, recreation, Hwy 1 & Lougheed very close. Check the virtual tour! OPEN HOUSE: Feb 23, 2-4 I have sold a property at 7394 BRANDYWINE PL in Vancouver
Posted on
February 16, 2020
by
Steve Flynn
I have sold a property at 7394 BRANDYWINE PL in Vancouver.
This home offers a great floor plan, an amazing fully fenced yard and a wonderful location in the upgraded Parklane complex. Currently with 2 very spacious bedrooms and big den, this floor plan can be modified for 3 or even 4 bedrooms and an additional bath. With over 2000 square feet on 3 levels this townhome is large and with its unfinished basement has the option for a family room, bathroom and 4th bedroom. Well maintained Parklane has recently been upgraded with new siding, doors and windows for years of carefree maintenance. It’s only minutes walk to downtown bus connections, parks and shopping. Come visit the Champlain Heights and discover it's quiet charm. A family complex with heated outdoor pool. BC Housing Markets Off to a Strong Start in 2020
Posted on
February 14, 2020
by
Steve Flynn
Vancouver, BC – February 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 4,426 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2020, an increase of 23.7 per cent from the 3,579 units sold in January 2019. The average MLS® residential price in BC was $725,370, a 9.1 per cent increase from $664,633 recorded the previous year. Total sales dollar volume in January was $3.2 billion, a 35 per cent increase over 2019. Copyright British Columbia Real Estate Association. Reprinted with permission. Open House. Open House on Sunday, February 16, 2020 2:00PM - 4:00PM
Posted on
February 14, 2020
by
Steve Flynn
Posted in
Cape Horn, Coquitlam Real Estate
Please visit our Open House at 2064 CONCORD AVE in Coquitlam.
Open House on Sunday, February 16, 2020 2:00PM - 4:00PM LOVELY 5 bed, 3 bath, 2600 sq ft, rancher w/carport & full basement on CUL DE SAC. Private & green setting w/lots of trees & gardening spots. All rooms nicely finished & well-maintained! Bright kitchen w/eating area. Din, liv room & mstr bedroom have great views w/access to 53' deck. Wood-burning fireplace in living room & rec room below! Rec room has its own entrance & kitchenette, add stove to make full kitchen & full 1 or 2-bed suite! UPDATES: s/s kitch appliances, cabinets & quartz countertops, main bathroom totally redone, new flooring throughout, new paint throughout, new blinds throughout. Roof is 9 yo, furnace is 12, hw tank is 4, washer/dryer are 2. City zoning allows for house up to 3200 sq ft. Schools, shopping, recreation & BOTH hwys very close! Check the virtual tour! New property listed in Cape Horn, Coquitlam
Posted on
February 13, 2020
by
Steve Flynn
Posted in
Cape Horn, Coquitlam Real Estate
I have listed a new property at 2064 CONCORD AVE in Coquitlam.
LOVELY 5 bed, 3 bath, 2600 sq ft, rancher w/carport & full basement on CUL DE SAC. Private & green setting w/lots of trees & gardening spots. All rooms nicely finished & well-maintained! Bright kitchen w/eating area. Din, liv room & mstr bedroom have great views w/access to 53' deck. Wood-burning fireplace in living room & rec room below! Rec room has its own entrance & kitchenette, just needs stove to make full kitchen & convert to 1 or 2-bed suite! UPDATES: s/s kitch appliances, cabinets & quartz countertops, main bathroom totally redone, new flooring throughout, new paint throughout, new blinds throughout. Roof is 9 yrs old, furnace is 12, hot water tank is 4, washer/dryer are 2. City zoning allows for house up to 3200 sq ft. Schools, shopping, recreation & BOTH highways very close! January 2020 Metro Vancouver MLS Sales - Video Update
Posted on
February 12, 2020
by
Steve Flynn
Canadian Housing Starts (Jan) - Feb 10, 2020
Posted on
February 10, 2020
by
Steve Flynn
Canadian housing starts increased by 8.8% m/m in January to 213,224 units at a seasonally adjusted annual rate (SAAR). The increase was led by Ontario and Quebec. The trend in national housing starts fell, averaging about 211,000 units SAAR over the past six months. Copyright British Columbia Real Estate Association. Reprinted with permission. Canadian Employment (January) - February 7, 2020
Posted on
February 6, 2020
by
Steve Flynn
Another good news report on the Canadian employment front. January reported an increase of 35,000 jobs (0.2%), adding to the increase reported in the previous month. This brought the national unemployment rate down from 5.6% in December to 5.5% in January.
Copyright British Columbia Real Estate Association. Reprinted with permission. Metro Vancouver January 2020 MLS Sales
Posted on
February 5, 2020
by
Steve Flynn
Home sale and price activity remained steady in Metro Vancouver* to start 2020 while home listing activity declined in January: The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4 per cent increase from the 1,103 sales recorded in January 2019, and a 22.1 per cent decrease from the 2,016 homes sold in December 2019. Last month’s sales were 7.3 per cent below the 10-year January sales average. “We’ve begun 2020 with steady home buyer demand that tracks close to the region’s long-term average,” Ashley Smith, REBGV president said. “Looking at supply, we’re seeing fewer homes listed for sale than is typical for this time of year. As we approach the traditionally more active spring market, we’ll keep a close eye on supply to see if the number of homes being listed is keeping pace with demand.” There were 3,872 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2020. This represents a 20.1 per cent decrease compared to the 4,848 homes listed in January 2019 and a 143.8 per cent increase compared to December 2019 when 1,588 homes were listed. Last month’s new listings were 17.4 per cent below January’s 10-year average. The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,617, a 20.3 per cent decrease compared to January 2019 (10,808) and a 0.2 per cent increase compared to December 2019 (8,603), and is 13.7 per cent below the 10-year January average. For all property types, the sales-to-active listings ratio for January 2020 is 18.2 per cent. By property type, the ratio is 11.6 per cent for detached homes, 22.6 per cent for townhomes, and 23.9 per cent for apartments. Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,008,700. This represents a 1.2 per cent decrease over January 2019, a 1.4 per cent increase over the past six months, and a 0.8 per cent increase compared to December 2019. Sales of detached homes in January 2020 reached 439, a 29.5 per cent increase from the 339 detached sales recorded in January 2019. The benchmark price for detached properties is $1,431,200. This represents a 1.7 per cent decrease from January 2019, a one per cent increase over the past six months, and a 0.5 per cent increase compared to December 2019. Sales of apartment homes reached 814 in January 2020, a 45.6 per cent increase compared to the 559 sales in January 2019. The benchmark price of an apartment property is $663,200. This represents a one per cent decrease from January 2019, a 1.5 per cent increase over the past six months, and a one per cent increase compared to December 2019. Attached home sales in January 2020 totalled 318, a 55.1 per cent increase compared to the 205 sales in January 2019. The benchmark price of an attached unit is $782,500. This represents a 0.7 per cent decrease from January 2019, a 1.6 per cent increase over the past six months, and a 0.5 per cent increase compared to December 2019. * Areas covered by the Real Estate Board of Greater Vancouver include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler. Copyright British Columbia Real Estate Association. Reprinted with permission. I have sold a property at 35 21150 76A AVE in Langley
Posted on
February 5, 2020
by
Steve Flynn
Posted in
Willoughby Heights, Langley Real Estate
I have sold a property at 35 21150 76A AVE in Langley.
Located in quaint part of Yorkson neighbourhood, HUTTON Town home! Duplex Style almost new like condition unit with 1,582 sq.ft, 3 bed + 2.5 bath Backs onto Ellens Park & convenient street parking. Featuring wide-plank laminate flooring, beautifully finished kitchen with stainless appliances, gas range, elegant shaker cabinetry, quartz counters, island with eating bar, 2 pc. powder room & spacious 9' ceilings. facing patio off main level overlooks park and has gas hook-ups. 3 bedrooms up including master with spa inspired en-suite & his/hers dual under-mount sinks, & additional full bath. Close to HWY 1, shopping and schools. MUST SEE! Canadian Monthly Real GDP (Nov) - Feb 3, 2020
Posted on
February 3, 2020
by
Steve Flynn
The Canadian economy grew by 0.1% in November, offsetting most of the decline in October. Driving the increase were the construction industry (0.5%) and utilities (2.1%) where inclement weather in central Canada drove up demand (2.1%). Copyright British Columbia Real Estate Association. Reprinted with permission.
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