Sold (Bought): Plenty of interest in renovated Kits home with high-quality finishes vancouversun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vancouversun.com Daily Mail and Mail on Sunday newspapers.
Sold (Bought): West Van home boasts stunning views, custom design This newly-built property offers tantalizing views from Stanley Park to Vancouver Island via its vantage point in West Vancouver s Ambleside district.
Author of the article: Nicola Way
Publishing date: Apr 24, 2021 • 2 hours ago • 3 minute read • This West Vancouver residence was listed for $3,798,000 and sold for $3,898,000 after four days on the market. Photo by BARBARA TILI /PNG
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Weekly roundup of three properties that recently sold in Metro Vancouver.
Price of detached homes continue to outpace condominiums as Canadians trade location for square footage
Despite strong push toward the suburbs, Toronto and Montreal single-family homes see double-digit price gains in city centres
Median price of a two-storey home in Greater Vancouver rises 8.8% as buyers prioritize square footage
Out-of-region buyers spur Maritimes home prices, as option of remote work and demand for large, affordable properties grows
Aggregate price of a home in Canada rose $206,815 since Q4 2015
TORONTO, Jan. 15, 2021 /CNW/ - According to the Royal LePage House Price Survey released today, the aggregate
1 price of a home in Canada increased 9.7 per cent year-over-year to $708,842 in the fourth quarter of 2020, as strong seller s market conditions continued to shape Canada s real estate market through the end of the year. The significant year-over-year increase in aggregate price was driven by price gains for larger properties. Sixty-four per cent of al
Listing agent: Ryan Hayes at Royal LePage Sterling Realty
Buyers agent: Guy Christie at Oakwyn Realty
The big sell: This one-bedroom corner suite in New Westminster’s Grove complex enjoys views across a green space opposite as well as nearby access to Queen’s Park, major bus routes, a SkyTrain station and other amenities. The kitchen features granite countertops, stainless-steel GE appliances, a built-in microwave, a garburator, a subway tile backsplash, and an eating bar. The living room has an electric fireplace and expansive windows to capture the vistas, as well as access to a covered deck with a glass privacy wall. The master bedroom also has deck access plus a walk-in closet. There is an insuite washer and dryer plus storage space and the unit comes with a parking stall and a monthly maintenance fee of $382.74. Pets and rentals are permitted.
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TORONTO – BUSINESS – Residential real estate is surging. Demand for housing has exceeded supply through the last half of 2020. This has put pressure on home prices, which Royal LePage says, in their Market Survey Forecast predicts a five and a half per cent increase in the price of the average home in 2021.
The price of a home in Canada in 2021 across the country will be $745,100, while the median price of a two-storey detached house or condominium will be projected to rise by six per cent, and 2.25 percent respectively to $890,100 and $522,700.
“The leading indicators we analyze are pointing to a market that favours property sellers in the all-important spring of 2021,” said Phil Soper, president and CEO, Royal LePage. “Across the country, a large number of hopeful buyers intent on improving their housing situation were not able to find the home they were looking for this year, as the inventory of properties for sale came nowhere near to