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I have sold a property at 209 2545 Broadway BLVD in Vancouver.
TRAFALGAR MEWS. A very well maintained building in Kitsilano. This top floor corner unit, in a very quiet inner courtyard with a great view of mountains. Rain Screened and Roof replaced. All appliances replaced in 2013, and laminated flooring. 2 bedrooms with 2.5 baths. Functional layout and spacious. Schools, transit. Shops, Restaurants nearby. Kitsilano Secondary School catchment. Convenient to Downtown and UBC. This is a must see.
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I have sold a property at 1386 Seymour ST in Vancouver.
Downtown living in a truly unique building at the Mark by award winning developer Onni. This spacious two bedroom and den townhouse features an open concept floorplan with a gourmet kitchen and living room. The main floor also has wide plank hardwood flooring, den and a half bath. Upstairs has 2 bedrooms with two full bathrooms. Nicely air conditioned and includes a patio to entertain and BBQ. First class amenities includes Yoga/dance studio, steam/sauna room, lounge, theatre, grand dining room with kitchen, outdoor pool with hot tub, fitness centre and rooftop garden as well as a kids zone. Conveniently located just steps to False creek and George Wainborn park as well as to shops and transit. A pleasure to show.
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I have listed a new property at Vancouver.
Interested in buying a brand new condo without the tax but with all of the new home warranties under 400K? Coming next spring this ground floor, 560 sqft one bedroom comes with secured underground parking and storage. This home will be perfect for anyone not wanting to deal with elevators, anyone with pets, or anyone who wants the welcoming feeling of having your own front door. Mount Pleasant is quickly becoming Vancouver's most desirable location to live and this new development will definitely be a great investment. Inquire for further details or if you would like to be put on a priority list.
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I have always had a soft spot for a nicely renovated Vancouver Specials, partly because they are very effective layouts but also because they have the charm and grit of Vancouver 30 years ago.  Growing up in the city I spent a lot of time playing in them, running through them and seeing them on a daily basis.  Seeing them maintained nowadays is truly something special for me. 


This one that just hit the market checks most boxes.  Nicely finished.  Check.  Spacious.  Check. Huge patio.  Check.  Quiet street.  Check.  Spacious mortgage helper…. check check and check! 


If you would like to be informed when the next home like this hits the market just send me a quick email to casey@caseyarchibald.com with your own checklist!

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Metro Vancouver home sales set record pace in June

Last month was the highest selling June, and the second highest overall monthly total, on record for the Real Estate Board of Greater Vancouver (REBGV).

The REBGV reports that residential property sales in Metro Vancouver* reached 4,375 on the Multiple Listing Service® (MLS®) in June 2015. This represents a 28.4 per cent increase compared to the 3,406 sales recorded in June 2014, and an increase of 7.9 per cent compared to the 4,056 sales in May 2015.

Last month’s sales were 29.1 per cent above the 10-year sales average for the month. It’s the fourth straight month with over 4,000 sales, which is a first in the REBGV’s history. The previous highest number of residential home sales was 4,434, recorded in May 2005.

“Demand in our detached home market continues to drive activity across Metro Vancouver,” Darcy McLeod, REBGV president said. “There were more detached home sales in the region last month than we’ve seen during the month of June in more than 10 years.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $694,000. This represents a 10.3 per cent increase compared to June 2014.

“Housing market activity comes in cycles; we're in an up cycle right now that looks similar to the mid-2000s,” McLeod said. “It would be easy to point to one factor that's causing this cycle, but the truth is that it's a number of different factors.

"Conditions today are being driven by low interest rates, a declining supply of detached homes, a growing population, a provincial economy that's outperforming the rest of Canada, pent-up demand from previous years and, perhaps most importantly, the fact that we live in a highly desirable region," McLeod said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,803 in June. This represents an 8.7 per cent increase compared to the 5,339 new listings reported in June 2014.

"We’re seeing a steady stream of new listings entering the market, but the overall number of homes for sale is not keeping up with buyer demand," McLeod said.

The total number of properties currently listed for sale on the region’s MLS® is 12,181, a 23.9 per cent decline compared to June 2014 and a 1.3 per cent decline compared to May 2015. This is the lowest active listing total for June since 2006.

The sales-to-active-listings ratio in June was 35.9 per cent. This is the highest that this ratio has been in Metro Vancouver since June 2006. A seller’s market typically occurs when this ratio exceeds 20 per cent for a sustained period of time.

“The competition in today’s market means that buyers have less time to make decisions,” McLeod said. “Given this, it’s important to work with your REALTOR® to gain insight into the local market, to get quick access to new MLS® listings, to develop a buying strategy that meets your needs and risk appetite, and to receive other services and protections that come from having professional representation.”

Sales of detached properties in June 2015 reached 1,920, an increase of 31.3 per cent from the 1,462 detached sales recorded in June 2014, and a 74.2 per cent increase from the 1,102 units sold in June 2013. The benchmark price for a detached property in Metro Vancouver increased 14.8 per cent from June 2014 to $1,123,900.

Sales of apartment properties reached 1,774 in June 2015, an increase of 35.6 per cent compared to the 1,308 sales in June 2014, and an increase of 66.1 per cent compared to the 1,068 sales in June 2013. The benchmark price of an apartment property increased 5.3 per cent from June 2014 to $400,200.

Attached property sales in June 2015 totalled 681, an increase of 7.1 per cent compared to the 636 sales in June 2014, and a 44.3 per cent increase from the 472 attached properties sold in June 2013. The benchmark price of an attached unit increased 7.1 per cent between June 2014 and 2015 to $506,900.

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