Tuesday

Vancouver Real Estate Updates

It's been quiet in the MACBULK universe at the moment as I'm not receiving anything new from the mailings. Is it because the market is picking up and discounted new homes have been snapped up already? The past few months has been good for Vancouver real estate as more first-time buyers jump into the market and bought their first home. I just spoke lately with a realtor friend and they've been having a lot of business since May. It seems the historically low interest rate is one big factor for the increase. In my view, the coming imposition of the HST is affecting buyers to rush their home purchase as well.

Is it becoming a sellers market again? I don't think so. I think we're not gonna see the deep discount as in the previous months. The market it seems is becoming more even. It's not really a sellers market but is not a buyers either.

Rounding up the developments featured here:

Since this blog was started, I've compiled most of the offerings from the MacBulk team. I believe I missed some of them but to refresh the memories of everyone, even myself, I'm listing all of them here. I believe most have all been snapped up but some have units that are still available. Here are the properties and the link to each of them.

1. District Condos in South Main
2. The Carlyle and Whittaker in New Westminster
3.
Mira Vista in the Okanagan
4. Keystone and Origin in Pitt Meadows
5. Paris Block Lofts in Vancouver
6. Alysen Place in Penticton
7. Amadeo in New Westminster
8. Cora Condos in Coquitlam, Legacy Condos in Burnaby, The Morgan in South Surrey, Edgebrook in Abbotsford

For those seeking a new home in the Vancouver area, there are lots of other available properties out there. Although I've mostly featured new developments from MACBulk, there's quite a lot of good opportunities as well from other developers and marketers. You should even look at pre-owned homes as some are definitely good values.

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