Vancouver Westside REALTOR® since 1979 - Luxury Real Estate Specialist

Welcome to our website.  We specialise in Vancouver's Westside properties - including Point Grey, Dunbar, Kitsilano, MacKenzie Heights, Quilchena, Kerrisdale, University Endowment Lands, and Southlands.  Whether you are a first time home buyer, an owner planning to sell your property or an experienced investor, we can provide you with comprehensive real estate solutions.  Are you thinking of buying or selling a home?  Our FREE Market Snapshot tool gives you up to date information from the Multiple Listing Service®.   Get this week's market conditions, see active listings, recent sales and market trends by simply entering your details here. Our goal, as it has been for over 30 years, is to help minimise the stress during the process while securing the best result for YOU.  Begin your search here and feel free to contact us at any time to answer your questions.

Canada's housing market & Vancouver's luxury market See Stuart Bonner on Global News (6 July 2010)

Stuart is consistently recognised as one of the Top 100 RE/MAX agents in Canada!

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Extraordinary opportunity to own a tudor house awaiting renovations or build your new home on a 113' x 230.7' lot on this exclusive street at the corner of 45th & Cedarhurst!  

See details - 2958 W 45th Avenue, Kerrisdale

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Buyers

Whether you're looking for your first home, your dream home or an investment property, we're committed to providing you with the highest quality buyer service. When making the type of investment that buying a home requires, you deserve to have all the latest market information and the very best advice, both of which we can provide you with. Read more.

Sellers

The decision to sell a home is often dependent on many factors. Whatever your reasons are for selling, our proven effective marketing strategies will ensure that you get the highest possible price for your home. We guarantee to provide you with professional, ethical and confidential service and keep you fully informed every step of the way. Read more

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Buyer's market conditions continue in Greater Vancouver

Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This represents a 36 per cent decline from the 3,441 sales in August 2009, the second highest selling August ever recorded, and a 2.4 per cent decline compared to July 2010.

From a wider perspective, last month’s residential sales represent a 40.4 per cent increase over the 1,568 residential sales in August 2008, a 34.9 per cent decline compared to August 2007’s 3,384 sales, and a 26.6 per cent decline compared to August 2006’s 2,998 sales.

New listings for detached, attached and apartment properties declined 17.5 per cent to 3,750 in August 2010 compared to August 2009 when 4,544 new units were listed. Total active listings in Greater Vancouver currently sit at 15,421, a 6.1 per cent decline from last month and a 29 per cent increase from August 2009.

“We’re seeing moderate demand, low interest rates and a healthy but slowing stream of supply in our marketplace, all variables that favour those looking to purchase a home,” Jake Moldowan, REBGV president said. “The last few months have also shown some stability when it comes to price fluctuations in the region, which is a welcome trend after reaching record highs in April.”

Since spring, housing prices have decreased 2.8 per cent compared to the all-time high reached in April when the residential benchmark price was $593,419. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.9 per cent to $576,597 in August 2010 from $539,600 in August 2009.

“Canada remains an attractive destination for foreign buyers, a fact that continues to affect activity in the Greater Vancouver housing market,” Moldowan said.

Sales of detached properties in August 2010 reached 893, a decrease of 34.7 per cent from the 1,367 detached sales recorded in August 2009 and a 66.9 per cent increase from the 535 units sold in August 2008. The benchmark price for detached properties increased 8.5 per cent from August 2009 to $795,076.

Sales of apartment properties reached 935 in August 2010, a decline of 36.1 per cent compared to the 1,464 sales in August 2009 and an increase of 26.4 per cent compared to the 740 sales in August 2008.The benchmark price of an apartment property increased 4.5 per cent from August 2009 to $385,968.

Attached property sales in August 2010 totalled 374, a decline of 38.7 per cent compared to the 610 sales in August 2009 and a 27.6 per cent increase from the 293 attached properties sold in August 2008. The benchmark price of an attached unit increased 6.6 per cent between August 2009 and 2010 to $489,511.

Source: REBGV 2 September 2010

Note: The above report pertains to all of Greater Vancouver.  Visit our News & Stats page for updated Westside graphs.  This unique pocket of real estate shows significantly different data.

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