Downtown Vancouver real estate news

On the lighter side .. one mans trash is another mans treasure!

Posted on Nov 17, 2020

For 34 years, New York Sanitation worker, Nelson Molina collected items in the trash on his route in East Harlem. Over 45,000 items, all catalogued and organized on the second floor of the M11 garage. Nelson retired from the job in 2015, but comes to the garage routinely to check in on his "museum."

Downtown market "balanced" in October

Posted on Nov 03, 2020

October and the fall market have resulted in the Vancouver downtown condo and townhouse market being “balanced” overall. When compared to September inventory rose by 0%, sales decreased by 8%, and sale prices rose by 2%.

Looking specifically at the individual downtown neighbourhoods Coal Harbour returned to a “buyers” market in October, while the W...

Downtown condo inventory rise a concern going into the fall

Posted on Sep 24, 2020

Downtown condo inventory has been on a rise since December and is now at the highest level its been in 5 years. In August there were 394 downtown condo listings, an amount exceeded last in July 2015. Other neighbourhoods like Yaletown, West End, and Coal Harbour are also experiencing similar trends of high inventory coming into the last quarter of...

Coal Harbour bounces back as downtown market balances in August

Posted on Sep 03, 2020

August ended for the the Vancouver downtown condo market in overall “balanced” conditions. When compared to July inventory rose by 13%, sales decreased by 1%, and sale prices rose by 9%. Coal Harbour which had been stuck in a buyer’s market for a many many months finally saw a return in demands by buyers and increased sales activity.

Current trends...

Airline industries will need to adapt to survive. Here's how it might look.

Posted on Jun 08, 2020

Few industries have been hit as hard as the airline industry since COVID 19 spread across the globe. With social distancing and a fear of germs perhaps a part of the new world normal how can it survive? This video shares some insights into current ingenuity and possible predictions on what it might take to for the airline industry to have a future...

Downtown condo sales & prices rise in May despite COVID 19 lockdown

Posted on Jun 02, 2020

The month of May resulted in an increase in sales and benchmark prices in Vancouver’s downtown condo and townhouse real estate market despite the COVID 19 lockdown being in place for two consecutive months. In May the inventory downtown increased by 13%, sales increased by 27%, and sale prices rose by 2% when compared to April.

Current trends have...

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