The downtown skyline including BC Place stadium, condo towers and numerous construction cranes is seen from Queen Elizabeth Park in Vancouver on Sunday, Nov. 8, 2020. (Darryl Dyck / THE CANADIAN PRESS)  

A just-published report suggests the inventory in the Vancouver real estate market has reached a low not seen since

2016.

The Q3 report posted Thursday morning by the Real Estate Board of Greater Vancouver noted the number of active

listings was low over the summer months, a trend that isn't exactly new in the region.

"Since the last half of 2019, the total inventory of homes for sale in the market has been operating at near-historic lows

despite higher-than-typical sales and new listing activity," the REBGV wrote.

"The increasing correlation between sales and new listings over the pandemic is consistent with more buyers selling their

current homes and purchasing other, typically larger, homes," the board said.

It described the trend board members are seeing since early 2021 as the market "settling down," and said a monthly survey

pointed to first-time and move-up buyers becoming a larger portion of total home sales.

While inventory is down, prices are generally not.

The August 2021 benchmark price – a measure that is not an average or median but is calculated based on the typical type,

size and age of home available in a region – was a record-breaking $1,176,600.

Looking at detached homes alone, the benchmark was $1,807,000. Benchmarks for attached homes and condos were at

$952,600 and $735,100 in the market.

While growth in prices hasn't been to the extent seen at other times in the local market, things are expected to pick up again

in the fall.

The board forecast an upward pressure due to above-average sales volumes, coupled with the low inventory noted previously.

It says buyers and sellers should expect new listings and sales in Q4 to remain near to long-term averages, and expects the

number of listings to increase, but at a level still well below the norm.

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I have listed a new property at 1003 1196 PIPELINE RD in Coquitlam.
Welcome to the Hudson and this amazing home with its massive deck and panoramic view! If you enjoy outdoor living and spectacular views, then this is the property for you!! Very spacious 2 bedroom with over 1,300 square feet of living space and a whopping 1,900 square foot deck! New carpeting throughout the home. Bright kitchen, good sized laundry room, master with his & hers closets & 4 piece ensuite, second bedroom/den with Murphy bed. Impressive building with indoor pool, recreation centre, a very pro active strata council and an on site caretaker. 2 side by side parking and bonus 2 good sized lockers! You are steps to Lafarge Lake, Transit, Skytrain station, shopping, restaurants and recreation. Showings start Saturday, September 25th by appointment.
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I have listed a new property at 10656 138A ST in Surrey.
Attention Developers!! Surrey's City Centre Official Community Plan has this site as multi-family residential development. With low to mid rise buildings at 2.5 FAR. Purchase for development or as an excellent holding property with good rental income. Great location, walking distance to SFU Surrey campus & skytrain stations. Close to shopping and restaurants and great for your commute with quick access to Hwy 1 and King George Blvd.
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I have sold a property at 34 1486 JOHNSON ST in Coquitlam.
Bright end unit townhome in Stoney Creek. Sitting at the base of Westwood plateau, this complex is well maintained & close to everything. You will love this private end unit with its panoramic views & generous outdoor space with decks & patios for you to relax. This 4 bedroom home has a living room with a wall of windows to enjoy the views & floor to ceiling rock fireplace, galley kitchen with adjacent dining room that has your deck access with southern exposure. Up are 3 good sized bedrooms incl master with walk-in closet and ensuite. Down is a family room that opens to the patio and yard, an extra bedroom, den and laundry. Home has A/C, EV charger in garage & a fresh designer paint palette incl doors & mouldings. Close to schools & shopping & only steps to the trails of Ridge Park.
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I have listed a new property at 210 3105 LINCOLN AVE in Coquitlam.
The Larkin House East by Polygon is in the perfect location! You can walk to transit, skytrain, parks, Henderson Mall, recreation, Lafarge Lake, shopping and restaurants and still be in a quiet complex! This 2 bedroom and den unit enjoys overlooking the tranquil inner courtyard and gardens. Kitchen with granite, stainless steel appliances, including a gas stove and breakfast bar. Open floor plan with fireplace and sliders to the large balcony. Master bedroom with walk in closet and 5 piece ensuite. Excellent resort like amenities in the Nakoma Club and 18,000 square foot meeting place with an outdoor pool, hot tub, gymnasium, basketball court, clubhouse, movie screening room and pool table. You will love living here!
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I have sold a property at 3293 CHARTWELL GREEN in Coquitlam.
Move in & Enjoy! Westwood Plateau at its finest. Just a few mins walk to the 1st tee or Clubhouse. Privacy & seclusion while overlooking the 17th fairway & mtns. Renovated 5bdrm features open floor plan on the main w/ high ceilings, ENG HW floors, custom kitchen w/ quartz & granite, white shaker cabinetry, SS appliances incl: 5 burner gas cooktop, wall oven & microwave combo, eating bar, dining & fam rm. Also a den, powder rm & laundry which could be used as a wok kitchen with it's sink & gas cooktop. Up - 3 bdrms, master has huge w/i closet, vaulted ceiling & new ensuite w/ massive walk in jetted shower. Main bath fully renovated. Down has 2 bdrms w/ suite potential, walk out basement to covered patio. Newer furnace, HW tank & AC. Also BI Vac, designer paint & low maintenance yard.
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I have sold a property at 1535 EAGLE MOUNTAIN DR in Coquitlam.
This professionally renovated and fully refined home sits on a unique 11,000sqft. lot atop Eagle Mountain. Over $200,000 invested on interior renovations and landscaping. Featuring a large, fully fenced yard with multiple outdoor entertainment areas, hot tub, granite fire pit and strategically placed mature trees maintaining full privacy. Breathtaking from the first step, you will notice meticulous care throughout the home, including crown moulding/baseboards, French doors, updated bathrooms, modernized kitchen revisions and expansion of the patio. The walk out basement is perfect space for a growing family or mortgage helper. With the Coquitlam Crunch at your doorstep, golf courses and schools only blocks away, your family will love this secluded large greenbelt lot.
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I have sold a property at 905 1415 PARKWAY BLVD in Coquitlam.
This sub penthouse suite enjoys unobstructed mountain and forest views from every room! You will love to entertain in the gourmet kitchen and on your large private patio. Kitchen with stainless steel appliances, custom hood vent and large breakfast bar. This home is perfect with its full size dining room, open concept floor plan, nine foot ceilings, luxurious master suite; including a spacious walk-in closet, spa like ensuite & custom blinds. The second bedroom is on the other side of the unit for full privacy. Engineered hardwood and new carpeting, granite counters and maple cabinetry throughout. Custom built fireplace surround & mantle to enjoy in the living room. Separate den for your workspace or family room. Close to shopping at Westwood Plateau Plaza, hiking trails & 2 golf courses!
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I have listed a new property at 3293 CHARTWELL GREEN in Coquitlam.
Move in & Enjoy! Westwood Plateau at its finest. Just a few mins walk to the 1st tee or Clubhouse. Privacy & seclusion while overlooking the 17th fairway & mtns. Renovated 5bdrm features open floor plan on the main w/ high ceilings, ENG HW floors, custom kitchen w/ quartz & granite, white shaker cabinetry, SS appliances incl: 5 burner gas cooktop, wall oven & microwave combo, eating bar, dining & fam rm. Also a den, powder rm & laundry which could be used as a wok kitchen with it's sink & gas cooktop. Up - 3 bdrms, master has huge w/i closet, vaulted ceiling & new ensuite w/ massive walk in jetted shower. Main bath fully renovated. Down has 2 bdrms w/ suite potential, walk out basement to covered patio. Newer furnace, HW tank & AC. Also BI Vac, designer paint & low maintenance yard.
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I have listed a new property at 34 1486 JOHNSON ST in Coquitlam.
Bright end unit townhome in Stoney Creek. Sitting at the base of Westwood plateau, this complex is well maintained & close to everything. You will love this private end unit with its panoramic views & generous outdoor space with decks & patios for you to relax. This 4 bedroom home has a living room with a wall of windows to enjoy the views & floor to ceiling rock fireplace, galley kitchen with adjacent dining room that has your deck access with southern exposure. Up are 3 good sized bedrooms incl master with walk-in closet and ensuite. Down is a family room that opens to the patio and yard, an extra bedroom, den and laundry. Home has A/C, EV charger in garage & a fresh designer paint palette incl doors & mouldings. Close to schools & shopping & only steps to the trails of Ridge Park.
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I have listed a new property at 672 IOCO RD in Port Moody.
Extensive ocean views from every angle on this property! 4 bedroom home is substantially updated & is ready for you to move in. Beautiful open floor plan on the main; kitchen with a picture window framing the fabulous view, quartz, high end stainless steel appliances including a gas stove, eating bar & walk-in pantry. Living room with linear fireplace & access to the front deck & dining room with sliders to the large deck across the back with gas outlet. 3 piece bath up. New counters, cabinetry & flooring throughout the home. Down are 4 bedrooms, laundry & 4 piece bath. Master bdrm w/ 3 pce ensuite, private covered deck & backyard access. Picturesque property with a small stream meandering through, mature trees & did we mention the ocean view!! Freshly painted, new doors, windows & roof.
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I have sold a property at 236 PARKSIDE CRT in Port Moody.
Bright, airy & beautifully landscaped, bring the family & gourmet chef to this fabulous home at the end of a cul-de-sac. Living room w/ linear gas fireplace & vaulted ceilings, formal dining room & large kitchen w/ beautiful quartz counters & white shaker style cabinetry, SS appliances including the enviable Thermador 6 burner gas stove w/ grill & flat top, steam & warming ovens. Eating area has access to the yard & adjacent family room. Den/office, laundry & powder room round out the main floor. Beautiful hardwood & designer paint throughout. 4 bedrooms are up; large master w/ walk-in closet & 5pce ensuite w/ walk-in shower & soaker tub. Basement has a large office & room to expand for your family or suite for a mortgage helper. Song birds abound in your private oasis, 2 tiered back patio
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I have sold a property at 5419 HEATHDALE CRT in Burnaby.
One of the best neighbourhoods in North Burnaby! Personalize this unique family home with your own creativity. You will love the quiet cul-de-sac and the beautifully landscaped gardens of this property. 3 level split home has a vast south facing deck over the carport & spectacular North Shore mountain views from the master bedroom. Main floor has huge living room with floor to ceiling rock fireplace & generous windows; adjacent dining room w/ sliders to the patio & large kitchen. Up are 3 bedrooms, deck access, 2 bathrooms including master ensuite & that amazing view! Down is the family room w/ fireplace and sliders to the covered patio, bathroom, workshop & laundry. The terraced backyard has a lawn area, veg garden and plenty of patios for your family to enjoy their private oasis.
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I have listed a new property at 236 PARKSIDE CRT in Port Moody.
Bright, airy & beautifully landscaped, bring the family & gourmet chef to this fabulous home at the end of a cul-de-sac. Living room w/ linear gas fireplace & vaulted ceilings, formal dining room & large kitchen w/ beautiful quartz counters & white shaker style cabinetry, SS appliances including the enviable Thermador 6 burner gas stove w/ grill & flat top, steam & warming ovens. Eating area has access to the yard & adjacent family room. Den/office, laundry & powder room round out the main floor. Beautiful hardwood & designer paint throughout. 4 bedrooms are up; large master w/ walk-in closet & 5pce ensuite w/ walk-in shower & soaker tub. Basement has a large office & room to expand for your family or suite for a mortgage helper. Song birds abound in your private oasis, 2 tiered back patio
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I have sold a property at 1182 FRASERVIEW ST in Port Coquitlam.
NOW is your prime opportunity to own a 2,900 square foot family home in the prestigious CITADEL HEIGHTS neighbourhood! Close to fantastic schools - Hazel Trembath Elementary, Citadel Middle and Riverside Secondary all within your school catchment. Close to public transit and easy access to Highway 1. Many local parks and trails close by. 4 bedroom rancher with additional 2 bedroom + den basement suite - currently tenanted as bonus mortgage helper. Newer appliances throughout, including washer/dryer, stainless steel gas stove/hood fan, and fridge. High efficiency furnace installed 2012. Roof 9 years old. Upstairs interior repainted 2019. Low maintenance, fully fenced backyard. Bring your home renovation ideas and make this into your FOREVER HOME. OPEN HOUSE Sun July 11 1-3pm.
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I have listed a new property at 1535 EAGLE MOUNTAIN DR in Coquitlam.
This professionally renovated and fully refined home sits on a unique 11,000sqft. lot atop Eagle Mountain. Over $200,000 invested on interior renovations and landscaping. Featuring a large, fully fenced yard with multiple outdoor entertainment areas, hot tub, granite fire pit and strategically placed mature trees maintaining full privacy. Breathtaking from the first step, you will notice meticulous care throughout the home, including crown moulding/baseboards, French doors, updated bathrooms, modernized kitchen revisions and expansion of the patio. The walk out basement is perfect space for a growing family or mortgage helper. With the Coquitlam Crunch at your doorstep, golf courses and schools only blocks away, your family will love this secluded large greenbelt lot.
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I have sold a property at 214 2477 KELLY AVE in Port Coquitlam.
This home is all about lifestyle: surrounded by nature, a walkable neighbourhood, steps to parks, trails, shopping, restaurants, pubs and brewery. Bright corner unit takes advantage of the great open floorplan with extensive windows across the living and dining space. Galley kitchen with a large eating bar, stainless steel appliances and granite counters. Living room with fireplace and access to the secluded deck. Two good sized bedrooms on either side of the unit for the utmost in privacy. Master with 4 piece ensuite including a walk in shower and separate tub. Freshly painted and new carpeting. Private patio with custom storage and two side by side parking. You are steps from Gates Park and the trails beside the Coquitlam River. Leave the car at home!!
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I have listed a new property at 1026 IOCO RD in Port Moody.
Ocean views and the sea breeze; it doesn't get any better than that! This home takes advantage of the open floor plan and windows across the back of the home to enjoy that view. Unique architecture with wooden vaulted ceilings, exposed beams, floor to ceiling and clerestory windows. Corner gas fireplace in the living room and huge family room off of it. Country style kitchen was updated in 2019 with white shaker style cabinetry & quartz counters. Master bedroom on the top floor with martini deck and large master bath. Huge deck off the living area and plenty of yard for the kids and dogs to roam. This home is move in ready or bring your building plans for that dream home.
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I have listed a new property at 2415 LEGGETT DR in Port Moody.
Spectacular custom built family home in picturesque Anmore. Contemporary home is an entertainer's dream; open floor plan, state of the art kitchen & massive deck w/ hot tub. Stunning features include; LR with vaulted ceilings & rock fireplace with linear flame, massive marble island with bev fridges, wine rack & room for plenty of seating, SS appliances incl 6 burner gas stove, separate spice kitchen, dining room has built-ins & French Doors to that huge deck. Up are 5 bdrms, 3 bathrooms & laundry. Master suite with luxurious spa like ensuite including free standing tub & huge WIC. Down are rec room, 6th bedroom, wine cellar & media room w/ wet bar. 3bdrm inlaw accommodation & separate 2 bdrm suite for extended family or mortgage helper. Enjoy the outdoor lifestyle at your doorstep!
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I have listed a new property at 214 2477 KELLY AVE in Port Coquitlam.
This home is all about lifestyle: surrounded by nature, a walkable neighbourhood, steps to parks, trails, shopping, restaurants, pubs and brewery. Bright corner unit takes advantage of the great open floorplan with extensive windows across the living and dining space. Galley kitchen with a large eating bar, stainless steel appliances and granite counters. Living room with fireplace and access to the secluded deck. Two good sized bedrooms on either side of the unit for the utmost in privacy. Master with 4 piece ensuite including a walk in shower and separate tub. Freshly painted and new carpeting. Private patio with custom storage and two side by side parking. You are steps from Gates Park and the trails beside the Coquitlam River. Leave the car at home!!
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