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Just Sold: 4 46151 Airport Road., Chilliwack, E Young-Yale

Extensively renovated. Private, corner home far off from the street. Welcome to Avion Place, located in a convenient part of Chilliwack with excellent Hwy 1 access. Your search ends here! This bright, 3bed + loft space, perfect as a den, 3 bath, 3 level 1904sqft home features: new flooring, fresh paint throughout, new HW tank, new furnace, private fenced yard, a large 2 car garage & more. The open kitchen has new counters & undermount sink, plenty of cupboard space & direct access to a covered deck, perfect for BBQs. The huge master is located on the main level w/spacious walk-in closet & brand new 5pc ensuite. The upper floor has 2 well sized rooms, brand new 5pc main bath & a convenient loft/den area. Close to shopping, all sorts of amenities, transit. Act Now!


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Just Listed: 43 20852 77A Ave., Langley, Willoughby Heights

Bright, South facing town home with a green space outlook! This 3bed/3bath/3lvl/1303sqft home features an open layout with contemporary finishing. Located in popular Arcadia complex, close to all sorts of amenities, shopping, recreation, schools, easy Hwy 1 access & more. Main level offers an open concept, kitchen with plenty of cupboard & counter space, granite counters, SS apps, large island w/stunning waterfall counter top, balcony access, living & dining room & 2pc powder room. Up: has three excellent sized rooms, master w/ensuite, oversized laundry closet with lots of storage & 4pc bath. The lower lvl has a massive tandem 2 car garage with tons of extra space for storage or even a workshop, has a window & access to the private fenced yard. Act Now! Call to book your private showing.


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Just Listed: 4 46151 Airport Rd. Chilliwack, BC

Extensively renovated. Private, corner home far from the street. Welcome to Avion Place, located in a convenient part of Chilliwack with excellent Hwy 1 access. Your search ends here! This bright, 3bed + loft space, perfect as a den, 3 bath, 3 level 1900sqft home features: new flooring, fresh paint throughout, new HW tank, new furnace, private fenced yard, a large 2 car garage & more. The open kitchen has new counters & undermount sink, plenty of cupboard space & direct access to a covered deck; perfect for BBQs. The huge master is located on the main level w/spacious walk-in closet & brand new 5pc ensuite. The upper floor has 2 well sized rooms, brand new 5pc main bath & a convenient loft/den area. Close to: shopping, all sorts of amenities, transit. Act Now!


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Just Listed: 20314 Wharf St. Maple Ridge, BC

Beautiful waterfront property! Wake every morning and enjoy your first sip of Java looking out on a gorgeous, still sheet of water. Own your own private dock. Soak in the peace and quiet and serenity. Look no further. This 5850sqft level lot has been cleared, undergone both a geotechnical and erosion control plans and has passed Alteration Permit under the BC Archaeology Branch. Building plans available for a 5700sqft+ 3 level Home. Act Now!


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Just Sold: 1928 Dawes Hill Rd., Coquitlam, Cape Horn


Welcome to this cute original home built in the 1940's on a huge lot! Either buy and hold to build your future dream house, or keep as an investment as it is currently tenanted. The lot frontage starts at 49 feet at the front and widens to 99 feet at the back with 130 feet of depth. This large over 9600 square foot view lot is your perfect opportunity to build your forever home! Pictures show potential views with a new build. This home has been tastefully updated with laminate flooring and paint, featuring 2 large bedrooms upstairs, with a nice deck, 1 bathroom and large living room. Downstairs features 1 bedroom, laundry room and storage area, with a bathroom. This home is tenanted, please call for further details!


Listing offered by: Royal LePage West Real Estate Services


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Incredibly, Hafez managed to sell our Mom’s condo in record time in the middle of the peak of the COVID-19 pandemic. Hafez put protocols in place to safeguard owners, realtors, and prospective buyers during the sale process while still maintaining momentum and interest during uncertain times. Hafez is a truly an experienced, strategic, thoughtful and capable real estate professional. After many years of his exceptional service, we wouldn’t trust our real estate needs to anyone else.’..

S.S.

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BC Housing Markets Bounce Back in June


The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2020, an increase of 16.9 per cent from June 2019. The average MLS® residential price in BC was $748,155, a 9.1 per cent increase from $685,968 recorded the previous year. Total sales dollar volume in June was $6.1 billion, a 27.5 per cent increase over 2019.


“Sales around the province surged back to pre-COVID-19 levels in June,” said BCREA Chief Economist Brendon Ogmundson. “While there are some temporary factors that may have pushed demand forward, we are cautiously optimistic that market activity will remain firm.”


Although listings activity has normalized along with sales, active listings are still down close to 20 per cent year-over-year and, as a result, many markets are seeing upward pressure on prices.


Year-to-date, BC residential sales dollar volume was up 0.6 per cent to $24.7 billion, compared with the same period in 2019. Residential unit sales were down 8 per cent to 32,875 units, while the average MLS® residential price was up 9.4 per cent to $751,722.


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Provided by: BCREA

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Steady increases in home sale and listing activity continue in June


Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 in June 2020, a 17.6 per cent increase from the 2,077 sales recorded in June 2019, and a 64.5 per cent increase from the 1,485 homes sold in May 2020.

Last month’s sales were 21.9 per cent below the 10-year June sales average.


“REALTORS® continue to optimize new technology tools and practices to help their clients meet their housing needs in a safe and responsible way,” Colette Gerber, REBGV Chair said “Over the last three months, home buyers and sellers have become more comfortable operating within the physical distancing and other safety protocols in place.”


There were 5,787 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in June 2020. This represents a 21.8 per cent increase compared to the 4,751 homes listed in June 2019 and a 57.1 per cent increase compared to May 2020 when 3,684 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 11,424, a 23.7 per cent decrease compared to June 2019 (14,968) and a 15.1 per cent increase compared to May 2020 (9,927).


“Much more of the real estate transaction is happening virtually today. Before considering an inperson showing, REALTORS® are helping potential buyers pre-screen homes more thoroughly by taking video tours, reviewing floorplans and an increased number of high-resolution images, as well as often driving through the neighborhood.”


For all property types, the sales-to-active listings ratio for June 2020 is 21.4 per cent. By property type, the ratio is 19.9 per cent for detached homes, 25.2 per cent for townhomes, and 21.3 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.


“Home prices have remained steady with minimal fluctuation over the last few months,” Gerber said. “With increasing demand, REALTORS® have begun seeing multiple offers for homes priced competitively for today’s market.”


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,025,300. This represents a 3.5 per cent increase over June 2019 and a 0.3 per cent decrease compared to May 2020.


Sales of detached homes in June 2020 reached 866, a 16.1 per cent increase from the 746 detached sales recorded in June 2019. The benchmark price for a detached home is $1,464,200. This represents a 3.6 per cent increase from June 2019 and a 0.5 per cent increase compared to May 2020.


Sales of apartment homes reached 1,105 in June 2020, a 17.4 per cent increase compared to the 941 sales in June 2019. The benchmark price of an apartment property is $680,800. This represents a 3.6 per cent increase from June 2019 and a 0.8 per cent decrease compared to May 2020.


Attached home sales in June 2020 totalled 472, a 21 per cent increase compared to the 390 sales in June 2019. The benchmark price of an attached home is $790,800. This represents a 2.3 per cent increase from June 2019 and a 0.2 per cent decrease compared to May 2020.


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Provided by: REBGV

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.