Posted on
September 30, 2019
by
Fabrizio Zenone
I have sold a property at 95 STRONG RD in Anmore.
Stately Craftsman style home on a beautifully manicured acreage. This estate residence, over 3 levels, takes utmost advantage of the mountain views & abundance of natural light. Gated driveway takes you to the quaint entrance with a covered porch & seating area. Main floor great room with soaring 2 storey windows to enjoy the view, floor to ceiling river rock fireplace & French doors to the deck, open to the kitchen with breakfast bar & eating area. Master on the main with WIC & 4 piece ensuite including a decadent claw foot tub! Formal dining rm, den & laundry finish the main. Up - 2 more bdrms & loft area above the garage. Walk out bsmt; recreation room with bar, family room, another bdrm, flex room & tons of storage. Huge level lot, covered patio, water feature & fire pit. RV parking.
Posted on
September 28, 2019
by
Fabrizio Zenone
I have listed a new property at 502 607 REGAN AVE in Coquitlam.
LOVELY 1184 SQ.FT. CONDO WITH HUGE PATIO, 2 BEDROOM and DEN. Located steps from the Burquitlam Skytrain Station makes this unit an easy commute to downtown Vancouver, colleges, SFU, entertainment, recreation and shopping throughout the Lower Mainland. A contemporary building with the best floor plan! A common rooftop patio and timeless interior design will be the hallmark of Regan West. You are just a short stroll from parks, shopping and new community amenities. Also comes with 1 parking stall and 1 storage locker. Estimated completion is summer 2020. RENTALS ALLOWED.
Posted on
September 23, 2019
by
Fabrizio Zenone
“Perfection is attained not when there is nothing more to add, but when there is nothing left to take away.”
— Antoine de Saint-Exupéry
Success and self-improvement are two different games. They correlate, but only to a certain degree.
When I sleep eight hours, get up early, then follow a morning routine, that’s good for my well-being. It supports my physical health and aligns my day with our natural circadian rhythm. It’s also productive. I can start work earlier and capitalize on my high alertness in the mornings.
But when I then decide to stay up late to finish some of that work, that’s just productive. Not healthy. The former was a move in self-improvement with spillover benefits. The latter was a success play at my well-being’s expense.
The number of win-win moves is limited, so after you’ve made them all, finding the line between the two is important. You can then spend your time becoming ever healthier, fitter, smarter — or you spend it working.
What most of us do, however, is split ourselves straight down the middle. We think we’re optimizing, when, actually, we’re playing different games at different times. One day we leave work early to support a friend, the next we cancel dinner plans to write our novel.
Unless you deliberately take one side, which most of us aren’t ready to, there is no easy solution to this problem. We want to be rich and we want to be good. We want to have it all.
I’m still young and naive, still foolish enough to believe I can. And while I’m never quite sure about which habits to add, I realized I can do something else in the meantime: I can just take some away.
We might never find the perfect balance between success and self-improvement habits, but we can eliminate the ones that hurt both.
We can give up what was never our best self anyway.
1. Give Up Reducing Your Dimensions
“Do I contradict myself? Very well then, I contradict myself.” — Walt Whitman
Every time I say no to one thing, but yes to another that’s roughly the same, my head hurts. It shouldn’t. It’s our brain’s pitiful attempt to build a consistent identity in a world that’s anything but.
There are a million reasons to change your mind from one second to the next, but you don’t need a single one of them. You don’t owe anyone an explanation. Justifying your existence decision by decision is exhausting. It just keeps you from doing what matters right here, right now.
Stop compressing a thousand layers into one. You’re not a diamond. You don’t thrive under pressure. You crumble. Live large. Be multi-dimensional. Explode into one thousand directions.
“I am large, I contain multitudes.” — Walt Whitman
2. Give Up The Imitation Game
“We have more faith in what we imitate than in what we originate.” — Bruce Lee
When you copy, you’re always in good company. You’re never really alone, but, often, you also don’t stand for anything.
When you stand for something, you know. Because your legs are shaking. When’s the last time you chose to do something not because it’s cool or useful or even valuable? When’s the last time you said: “I’m going to do this because it’s me?”
There’s all this talk about reinventing ourselves, but most of us never invented ourselves in the first place. Creating your life is the scariest thing you’ll ever do. But it also breeds confidence. It helps you step up and speak your truth.
Slowly, then surely, until you do it all the time.
3. Give Up Looking In Favor Of Seeing
“Must there be a Superman?” — “There is.” — From Dawn of Justice
When we look, we look for things. When we see, we just see what’s there. Our best self never jumps to conclusions because there’s never enough context to safely land anywhere.
What if you could suspend all your judgments in mid-air? Let them hang there, like laundry on a line. And then, you’d turn back and see. See ideas, opinions, opposites, and superstitions. But you’d always see two sides of one coin. One reality.
And you’d realize truth and knowledge are often subjective. Even your own.
4. Give Up Living In Outcomes
“That we accept the world as it is does not in any sense weaken our desire to change it into what we believe it should be.” — Saul Alinsky
Professional traders don’t know which direction markets will turn. They bet on one side and form a contingency plan. They don’t need the world to be a certain way because they act with what’s given. In the long run, probabilities ensure they win.
Once you stop judging what’s around you and stay flexible yourself, you won’t require life to give you the outcomes you hope for. You’ll just work with whatever outcomes you get.
That doesn’t make you weak or less determined. It grounds you in the present. It makes you strong.
5. Give Up All Happiness Outside Yourself
“Happiness is not something ready-made. It comes from your own actions.” — Dalai Lama XIV
James Altucher once told a story about Joseph Heller, who wrote Catch-22. Heller was at a fancy party in the Hamptons. Some guy pointed at a young fund manager and said: “He made more money last year than you’ll ever make with all your books combined.” To which Heller replied: “That may be, but I have one thing that man will never have.”
“Oh yeah? What’s that?”
“Enough.”
Creating yourself, non-judgment, living in the present, these are all ways to find contentment in what you do rather than who you are.
At the end of each day, you should look back and be happy about whatever steps you took, even if they’re part of a struggle. Draw strength from how you deal with what you’ve got, rather than how close you get to who you’re not.
When you work only on deserving what you want, all happiness rests inside yourself. You will always have enough.
6. Give Up Waiting
“Of all the words of mice and men, the saddest are, “It might have been.”” — Kurt Vonnegut
Regret happens when we stop living — either because no one’s watching or because too many people are. Opinions and loneliness freeze us in time when there’s really no reason to wait. To do what you want to do. To be who you want to be.
The person who should be most excited about everything you do in life is you. And that should always be enough to start.
7. Give Up The Make-Pretend
“You should think of the word depressed as ‘deep rest.’ Deep. Rest. Your body needs to be depressed. It needs deep rest from the character that you’ve been trying to play.” — Jim Carrey
There’s a fine line between behaving like who you want to be and pretending you already are. One is changing into the best version of yourself, the other living out the parts of it you’re jealous of.
Of course, the latter only drives you away from it. It’s a shadow character, breaking out in cold sweat on stage. True liberty is being the guy or girl behind the curtain, putting in real sweat, because you’re not worried about taking the spotlight.
Credit always finds a way to those, who deserve it.
8. Give Up Anything But Loving Yourself
“Love yourself like your life depends on it.” — Kamal Ravikant
Most of our life’s story is dictated by the one we tell ourselves in our head. What we often don’t realize is that when that story gets ugly, we can stop talking. We can wait for kinder words.
What’s more, we can practice finding them. We can work on our self-targeted adjectives because all adjectives are made up anyway. So you might as well love yourself.
The truth about ourselves is what we choose to believe. If you love yourself first, you’ll always build on the right foundation. From there, you can pick whatever belief most serves you right now.
Once you learn to do that without rejecting the limits of physical reality, you’ll have all the agency you ever need to flourish.
Success and self-improvement may not always go hand in hand and perfection is nothing we can ever reach. But your imperfect best self can do more good than a shadow version can imagine in its dreams.
Maybe, that’s what it’s really about. To find out wanting it all isn’t wanting all that much. At least not for who you were always meant to be. Maybe, this is our best source of hope.
Maybe, it’s the only one we need.
Posted on
September 23, 2019
by
Fabrizio Zenone
Federal Conservative leader Andrew Scheer makes a campaign stop in Vaughan, Ont., on Monday, September 23, 2019. THE CANADIAN PRESS/Nathan Denette
VAUGHAN, Ont. — Conservative Leader Andrew Scheer laid out a plan this morning he says would make it cheaper for Canadians to buy homes, loosening rules put in place by the former Conservative government during the global financial crisis.
Scheer pledged he'd return to allowing first-time homebuyers to take out 30-year mortgages to help lower monthly payments.
"For millions of Canadians their home is the largest investment they will ever make," Scheer said.
Beginning in 2008, the Harper Conservatives began reducing the maximum mortgage amortization rate for insured mortgages. They started by knocking it down from 40 to 35 years, and in 2011 reduced it to 30 years.
Conservative finance minister Jim Flaherty reduced the maximum amortization period to 25 years the following year. He said at the time that while monthly payments would be higher, it would result in less interest and help people pay off their mortgages faster.
The move at the time was meant to address the growing debt burden on Canadians. A major factor in the panic that locked up financial markets in the late 2000s was mortgages that owners couldn't pay, on properties that were worth less than the loans taken out against them.
When asked why a new Conservative government would now reverse course, Scheer responded the longer mortgage period would allow more people to buy homes. He added that "it is important that we have strong regulations around the financial sector."
Statistics Canada reported in August that the median mortgage debt of Canadian families that have them almost doubled between 1999 and 2016, rising from $91,900 to $180,000 in 2016 dollars.
Scheer also promised to ease what's known as the stress test on mortgages and remove it altogether from mortgage renewals. The test is meant to make sure people taking out mortgages could still afford the payments if interest rates were to rise.
The Liberals brought in the policy last year and it has been criticized by the construction and real-estate industries. Both the Canadian Home Builders' Association and the Canadian Real Estate Association welcomed Scheer's promises Monday.
A Conservative government would also make surplus federal real estate available for development to increase housing supply, and launch an inquiry into money laundering in the real estate sector, Scheer said.
"Justin Trudeau has put the dream of home ownership further out of reach for so many, especially young Canadians," Scheer said. "As prime minister, I will fix his bad policies and work to get more homes on the market to lower the price of housing."
Scheer is campaigning today in the Toronto-area suburb of Vaughan and then moves on to St. Catharines, Ont.
King-Vaughn, which was a new riding in 2015, was won by Liberal Deb Schulte by just over 1,700 votes last election.
Scheer said he is not concerned with polling that shows the Conservatives and Liberals neck and neck in key ridings despite recent controversies around photos and videos of Justin Trudeau wearing black- and brownface.
"We've got campaigns all across the country where two or three years ago people were writing us off," Scheer said.
"We are going to win those seats."
Posted on
September 17, 2019
by
Fabrizio Zenone
I have listed a new property at 3607 BEDWELL BAY RD in Belcarra.
Spectacular property with views of Bedwell Bay and Mount Seymour. The existing home is situated on a large lot with a gentle slope, mature trees and plenty of potential; bring your building plans! Peaceful setting, close to Sasamat Lake and Belcarra Regional Park. Village water at lot line. Only 10 minutes to Port Moody for shopping.
Posted on
September 17, 2019
by
Fabrizio Zenone
I have sold a property at 203 2285 61ST AVE E in Vancouver.
Perfect home for downsizers! This top floor unit enjoys a large floor plan with plenty of windows and skylights overlooking Bobolink Park. Freshly painted with new carpeting, this 2 bedroom and 2 bathroom home has radiant in floor heating and a sundrenched room off of the kitchen to use as an eating area, den or sunroom. Large living room with gas fireplace & access to the covered balcony. Two good sized bedrooms including the master with 4 piece ensuite. Central location, close to transit and to Fraserview Golf course. 19+ complex with no rentals.
Posted on
September 16, 2019
by
Fabrizio Zenone
How to Patch Scratches and Small Holes in Hardwood Floors
Every type of flooring takes a beating from shoes, kids, pets, and moving furniture. At some point, even hardwood floors show signs of wear and tear. Scratches and small holes in hardwood floors draw in the eye and might be causing you stress too. It’s spendy to bring in a professional for small repairs, though, so consider doing the work yourself to fix those scratches.
It doesn't matter whether your hardwood floor is maple, walnut, mahogany, bamboo, or oak. The process for patching is the same, and typically includes using a filler of some sort.
Step 1 - Investigate the Scratch
First, take a closer look and and make sure the imperfection is really a scratch. Sometimes a mark can look worse than it really is. If you can, figure out whether the scratch is just on the finish or goes into the wood itself.
Step 2 - Fix Scratches
Superficial scratches can typically be buffed out. Try some furniture cleaner or wood restore oil.
To fix deeper scratches, you'll need to fill them in following the directions for fixing holes below. The easiest first line of defense is a wax repair stick made specifically for this task. Look for a color that matches your wood. If the paste wax won’t stick to your finish, you’ll have to move on to another tactic.
When fillers are required, make sure you locate the right one for the job. Latex fillers are common, but they don't hold stains, so they're primarily for deep but very narrow holes such as small gaps or nail holes.
Epoxy filler is another option that's a little more work, as it requires mixing together two ingredients to create the compound. It's shrink and crack resistant, so it makes a good choice for filling cracks. Like latex, epoxy fillers don’t work well with stain, so make sure you choose a color that matches your flooring. For the best match, use sawdust from your flooring and mix it with glue to make your own filler.
For areas with large scratches, use a sander to bring the surface down to the existing flooring. Start with 100-grit and finish with 150-grit or 200-grit. Always sand in the direction of the wood grain and feather out the edges slightly to blend in with the surrounding floor. For safety, always wear a dust mask, gloves, and a pair of goggles when sanding.
When you're done, you'll need to refinish that section of flooring, which is perhaps the most difficult part of hardwood flooring repair. If your repair spot is large, you may want to wait until you're refinishing the entire floor to make your repairs, or call in a professional that can match both your stain color and finish style. To do it yourself, you’ll want to know whether your finish is urethane or wax so you can match it with your repair.
Step 3 - Sand the Holes
Hardwood flooring can start wearing away as time passes, and you may start to notice small holes in the wood. Clean these indents with a folded piece of sandpaper. Fold the sandpaper so it has a pointed edge.
It’s important to smooth the edges so the repair materials stick to raw wood rather than a finish on the flooring. Use a hair dryer or burst of air from a compressor to blow dust out of the hole or task a shop vac with the job.
Step 4 - Apply Wood Putty
Choose a wood filler that matches the color of your hardwood floor. Use a putty knife to put the putty into the holes in small quantities, and press it down so it fills the holes completely. Apply a bit of extra putty over the hole so you have a small mound.
Check and read the manufacturer’s instructions to see how long you should wait for the putty to dry thoroughly. It usually takes about 24 hours. Use sandpaper to smooth the bump down until it's level with the surrounding floor.
Step 5 - Stain the Floor
For those fillers that accept stain, use a sponge brush to apply it to the area where you filled the hole. Let the stain dry thoroughly for a day, then apply two coats of polyurethane gloss.
Use the sponge brush again and allow the gloss to dry overnight. Sand the area lightly after the first coat dries, creating a shine on the restored hardwood floor. Keep the spot blocked off for two days so the floor cures thoroughly before you use it again.
Step 6 - If the Damage Is Too Bad, Replace the Board
When the damage is too extensive for an easy repair, it’s better to remove and replace the damaged wood. To do this, use a hammer and chisel to create a straight line cut across the board. Using a circular or other saw, cut a few relief lines along the length of the board so you can remove the pieces of board.
Clean out the empty section and ensure your end cuts are straight so the new piece sits flush on both ends. Remove the lower edge of the groove portion on the new board so it can lower into place. Make sure you cut your new board so the tongue fits into the groove of the installed flooring. Then install your new board and finish it with stain and sealer to match your existing floor.
Posted on
September 16, 2019
by
Fabrizio Zenone
Canadian real estate sales were busier than last year, but fell from peak 2019 growth. Canadian Real Estate Association (CREA) numbers show a large climb in sales for August. Falling mortgage rates, and anticipation of policy drive market growth were behind some of the country’s largest rises.
Canadian Real Estate Sales Rise Over 5%
Canadian real estate sales weren’t quite back to the highs seen a few years ago, but volumes are rising. There were 43,478 unadjusted sales process through CREA, down 9.0% from the month before. This represents a 5.7% increase compared to the same month last year. The monthly decline is seasonal, but it was larger than expected.
Canadian Real Estate Sales
The unadjusted sales for all home types, as reported through the Canadian MLS.
SalesJan 2015Mar 2015May 2015Jul 2015Sep 2015Nov 2015Jan 2016Mar 2016May 2016Jul 2016Sep 2016Nov 2016Jan 2017Mar 2017May 2017Jul 2017Sep 2017Nov 2017Jan 2018Mar 2018May 2018Jul 2018Sep 2018Nov 2018Jan 2019Mar 2019May 2019Jul 2019010,00020,00030,00040,00050,00060,00070,000Sales
Month | Sales |
Jan 2015 |
23,289 |
Feb 2015 |
32,898 |
Mar 2015 |
45,527 |
Apr 2015 |
52,982 |
May 2015 |
56,545 |
Jun 2015 |
57,380 |
Jul 2015 |
50,036 |
Aug 2015 |
43,103 |
Sep 2015 |
42,615 |
Oct 2015 |
41,981 |
Nov 2015 |
36,846 |
Dec 2015 |
27,488 |
Jan 2016 |
25,292 |
Feb 2016 |
38,856 |
Mar 2016 |
50,773 |
Apr 2016 |
58,106 |
May 2016 |
61,412 |
Jun 2016 |
60,132 |
Jul 2016 |
48,577 |
Aug 2016 |
47,419 |
Sep 2016 |
44,332 |
Oct 2016 |
42,537 |
Nov 2016 |
37,178 |
Dec 2016 |
26,158 |
Jan 2017 |
25,534 |
Feb 2017 |
37,754 |
Mar 2017 |
54,290 |
Apr 2017 |
53,796 |
May 2017 |
60,594 |
Jun 2017 |
53,344 |
Jul 2017 |
42,599 |
Aug 2017 |
42,769 |
Sep 2017 |
39,446 |
Oct 2017 |
40,691 |
Nov 2017 |
38,095 |
Dec 2017 |
27,206 |
Jan 2018 |
24,977 |
Feb 2018 |
31,356 |
Mar 2018 |
41,983 |
Apr 2018 |
46,344 |
May 2018 |
51,181 |
Jun 2018 |
47,613 |
Jul 2018 |
41,872 |
Aug 2018 |
41,151 |
Sep 2018 |
35,939 |
Oct 2018 |
39,313 |
Nov 2018 |
33,318 |
Dec 2018 |
21,909 |
Jan 2019 |
23,968 |
Feb 2019 |
29,974 |
Mar 2019 |
40,039 |
Apr 2019 |
48,461 |
May 2019 |
54,599 |
Jun 2019 |
47,755 |
Jul 2019 |
47,793 |
Aug 2019 |
43,478 |
Sales made an unusually large seasonal drop, but were still up on the year. The 9.0% monthly decline seen last month, is 50% larger than the 10-year median for August. The market managed to squeeze out a 12 month increase. However, this follows two years of declines for August sales. The annual pace of growth also fell from peak growth for 2019, reached last month. Growth hasn’t moved long enough in any direction this year to give a clear picture of which way it’s heading.
Canadian Real Estate Sales Change
The annual percent chage of unadjusted sales for all home types, as reported through the Canadian MLS.
UnadjustedJan 2008May 2008Sep 2008Jan 2009May 2009Sep 2009Jan 2010May 2010Sep 2010Jan 2011May 2011Sep 2011Jan 2012May 2012Sep 2012Jan 2013May 2013Sep 2013Jan 2014May 2014Sep 2014Jan 2015May 2015Sep 2015Jan 2016May 2016Sep 2016Jan 2017May 2017Sep 2017Jan 2018May 2018Sep 2018Jan 2019May 2019-60-40-20020406080Percent Change
Month | Unadjusted |
Jan 2008 |
-8.57 |
Feb 2008 |
-8.78 |
Mar 2008 |
-18.94 |
Apr 2008 |
-7.04 |
May 2008 |
-17.41 |
Jun 2008 |
-15.35 |
Jul 2008 |
-12.25 |
Aug 2008 |
-20.83 |
Sep 2008 |
-3.49 |
Oct 2008 |
-27.27 |
Nov 2008 |
-42.32 |
Dec 2008 |
-32.86 |
Jan 2009 |
-40.51 |
Feb 2009 |
-31.47 |
Mar 2009 |
-13.97 |
Apr 2009 |
-11.58 |
May 2009 |
-0.86 |
Jun 2009 |
17.67 |
Jul 2009 |
18.69 |
Aug 2009 |
18.69 |
Sep 2009 |
17.31 |
Oct 2009 |
41.73 |
Nov 2009 |
72.75 |
Dec 2009 |
72.65 |
Jan 2010 |
56.26 |
Feb 2010 |
44.22 |
Mar 2010 |
40.3 |
Apr 2010 |
20.4 |
May 2010 |
-4.63 |
Jun 2010 |
-19.88 |
Jul 2010 |
-29.98 |
Aug 2010 |
-19.85 |
Sep 2010 |
-19.97 |
Oct 2010 |
-21.62 |
Nov 2010 |
-9.66 |
Dec 2010 |
-14.63 |
Jan 2011 |
-6.21 |
Feb 2011 |
-5.53 |
Mar 2011 |
-6.41 |
Apr 2011 |
-14.69 |
May 2011 |
2.72 |
Jun 2011 |
11.2 |
Jul 2011 |
12.66 |
Aug 2011 |
16.12 |
Sep 2011 |
11.73 |
Oct 2011 |
9.03 |
Nov 2011 |
5.52 |
Dec 2011 |
4.76 |
Jan 2012 |
4 |
Feb 2012 |
8.66 |
Mar 2012 |
1.34 |
Apr 2012 |
10.99 |
May 2012 |
8.72 |
Jun 2012 |
-4.71 |
Jul 2012 |
2.43 |
Aug 2012 |
-8.87 |
Sep 2012 |
-15.13 |
Oct 2012 |
-0.86 |
Nov 2012 |
-12.08 |
Dec 2012 |
-17.59 |
Jan 2013 |
-6.09 |
Feb 2013 |
-16.81 |
Mar 2013 |
-15.11 |
Apr 2013 |
-3.36 |
May 2013 |
-2.61 |
Jun 2013 |
-0.55 |
Jul 2013 |
9.59 |
Aug 2013 |
11.35 |
Sep 2013 |
17.74 |
Oct 2013 |
8.09 |
Nov 2013 |
5.83 |
Dec 2013 |
12.27 |
Jan 2014 |
0.64 |
Feb 2014 |
3.2 |
Mar 2014 |
4.88 |
Apr 2014 |
0.35 |
May 2014 |
5.46 |
Jun 2014 |
11.53 |
Jul 2014 |
8.1 |
Aug 2014 |
2.32 |
Sep 2014 |
11.13 |
Oct 2014 |
7.57 |
Nov 2014 |
3.12 |
Dec 2014 |
8.61 |
Jan 2015 |
-1.97 |
Feb 2015 |
2.67 |
Mar 2015 |
9.14 |
Apr 2015 |
9.9 |
May 2015 |
3.36 |
Jun 2015 |
10.96 |
Jul 2015 |
3.56 |
Aug 2015 |
3.93 |
Sep 2015 |
0.31 |
Oct 2015 |
0.33 |
Nov 2015 |
10.38 |
Dec 2015 |
10.26 |
Jan 2016 |
8.6 |
Feb 2016 |
18.11 |
Mar 2016 |
11.52 |
Apr 2016 |
9.67 |
May 2016 |
8.61 |
Jun 2016 |
4.8 |
Jul 2016 |
-2.92 |
Aug 2016 |
10.01 |
Sep 2016 |
4.03 |
Oct 2016 |
1.32 |
Nov 2016 |
0.9 |
Dec 2016 |
-4.84 |
Jan 2017 |
0.96 |
Feb 2017 |
-2.84 |
Mar 2017 |
6.93 |
Apr 2017 |
-7.42 |
May 2017 |
-1.33 |
Jun 2017 |
-11.29 |
Jul 2017 |
-12.31 |
Aug 2017 |
-9.81 |
Sep 2017 |
-11.02 |
Oct 2017 |
-4.34 |
Nov 2017 |
2.47 |
Dec 2017 |
4.01 |
Jan 2018 |
-2.36 |
Feb 2018 |
-16.95 |
Mar 2018 |
-22.67 |
Apr 2018 |
-13.85 |
May 2018 |
-16.43 |
Jun 2018 |
-10.74 |
Jul 2018 |
-1.71 |
Aug 2018 |
-3.78 |
Sep 2018 |
-8.89 |
Oct 2018 |
-3.38 |
Nov 2018 |
-12.54 |
Dec 2018 |
-19.47 |
Jan 2019 |
-4.03 |
Feb 2019 |
-4.41 |
Mar 2019 |
-4.59 |
Apr 2019 |
4.2 |
May 2019 |
6.7 |
Jun 2019 |
0.3 |
Jul 2019 |
12.6 |
Aug 2019 |
5 |
Winnipeg, Vancouver, And Quebec Real Estate Lead In Growth
The fastest growing real estate markets are Winnipeg, Vancouver, and Quebec City. Winnipeg reported 1,161 sales in August, up 16.1% from the same month last year. Vancouver followed with 1,961 sales, up 15.0% from last year. Quebec City was the third fastest with 453 sales, up 13.5% from last year. Winnipeg and Quebec follow two consecutive years of growth, but are small markets. Vancouver is seeing a big jump, but that follows August 2018’s unusually slow sales.
Canadian Real Estate Sales By Market
Canadian real estate sales in markets with more than 400 sales in 2018.
Aug 2017Aug 2018Aug 201902,0004,0006,0008,000TorontoVancouverMontrealCalgaryEdmontonFraser ValleyOttawaWinnipegHamiltonLondonVictoriaWindsor-EssexNiagaraHalifax-DartmouthKitchener-WaterlooQuebecSaskatoon
Region | Aug 2017 | Aug 2018 | Aug 2019 |
Toronto |
6,357 |
6,839 |
7,711 |
Vancouver |
3,097 |
1,961 |
2,256 |
Montreal |
2,972 |
3,201 |
3,527 |
Calgary |
2,059 |
1,925 |
2,029 |
Edmonton |
1,857 |
1,894 |
1,811 |
Fraser Valley |
1,822 |
1,102 |
1,245 |
Ottawa |
1,556 |
1,613 |
1,759 |
Winnipeg |
1,207 |
1,161 |
1,348 |
Hamilton |
1,015 |
1,070 |
1,067 |
London |
899 |
917 |
912 |
Victoria |
692 |
570 |
630 |
Windsor-Essex |
661 |
694 |
667 |
Niagara |
544 |
522 |
570 |
Halifax-Dartmouth |
541 |
564 |
581 |
Kitchener-Waterloo |
533 |
510 |
441 |
Quebec |
448 |
453 |
514 |
Saskatoon |
433 |
436 |
418 |
Kitchener, Edmonton, And Saskatoon Real Estate Lead Lower
The fastest shrinking markets are Kitchener, Edmonton, and Saskatoon. Kitchener made the biggest drop, with just 510 sales in August, down 13.5% from last year. Edmonton follows with 1,894 sales, down 4.4% from the month before. Saskatoon has the third biggest drop with 436 sales, down 4.1% from last year. Western Canada and big city suburbs seem to be where slowing sales are concentrated.
Canadian Real Estate Sales Change By Market
The percent change in Canadian real estate sales, in markets with more than 400 sales in 2018.
Change-15-10-505101520WinnipegVancouverQuebecFraser ValleyTorontoVictoriaMontrealNiagaraOttawaCalgaryCanadaHalifaxHamiltonLondonWindsor-EssexSaskatoonEdmontonKitchenerPercent
Region | Change |
Winnipeg |
16.1 |
Vancouver |
15 |
Quebec |
13.5 |
Fraser Valley |
13 |
Toronto |
12.8 |
Victoria |
10.5 |
Montreal |
10.2 |
Niagara |
9.2 |
Ottawa |
9.1 |
Calgary |
5.4 |
Canada |
5 |
Halifax |
3 |
Hamilton |
-0.3 |
London |
-0.5 |
Windsor-Essex |
-3.9 |
Saskatoon |
-4.1 |
Edmonton |
-4.4 |
Kitchener |
-13.5 |
Canadian real estate sales made a big climb, just not quite as big as the month before. Sales normally slow towards the end of the summer, but they’ve picked up this year. Falling mortgage rates and policy-based stimulus are believed to be behind the boost
Posted on
September 13, 2019
by
Fabrizio Zenone
I have sold a property at 14 2139 PRAIRIE AVE in Port Coquitlam.
Lots of natural light to enjoy in this end unit townhome in Westmount Park. The expansive open floor plan on main enjoys vinyl plank laminate, crown molding & a contemporary paint palette. Perfect for entertaining; kitchen with quartz breakfast bar & large island w/extra seating, adjacent dining rm & living rm with access to the covered sundeck that has plenty of room for your patio set & BBQ, as well as stairs to the fenced yard. Up are 3 good sized bdrms, 2 baths & laundry. Master with walk-in closet & 4 piece ensuite. Lower floor with powder rm, garage access & a flex room that can be used as the 4th bdrm or a family room. Flex room has access to the fenced yard & covered patio. Quiet part of the complex, walk to Kwaykwitlam Middle School, parks & transit. Remaining 5/10 Home Warranty
Posted on
September 12, 2019
by
Fabrizio Zenone
I have sold a property at 308 3075 PRIMROSE LANE in Coquitlam.
Freshly painted upper unit with bright open floor plan. Enjoy the large south facing sundeck that overlooks the inner courtyard and the water fountain. Living room with gas fireplace and adjacent dining room with pony wall open to the good-sized kitchen. 2 bedrooms; large master with his and hers closets and walk through to the bathroom with its separate shower. In suite laundry. Beautiful park like setting and well-maintained facilities including an indoor pool with hot tub, exercise center and guest suite. This is a superb location, so close to LaFarge Lake, Evergreen line Skytrain station, restaurants, shopping, recreation and Coquitlam Centre.
Posted on
September 11, 2019
by
Fabrizio Zenone
I have sold a property at 1003 4160 SARDIS ST in Burnaby.
This home is in a perfection location! Great floor plan with good use of space for this STUDIO unit with a large covered balcony and amazing views of downtown and the North Shore mountains. Galley kitchen with stainless steel appliances, dining area, living room with sliding doors to the deck and a NOOK that is a perfect fit for your bed. The complex has had many upgrades including roof, elevator, windows, entry phone and carpeting. Complex enjoys tennis courts, outdoor pool, hot tub, sauna, gym, billiards room and clubhouse. Close to Skytrain station, Central Park and Metrotown. Many amenities within walking distance to this home.
Posted on
September 6, 2019
by
Fabrizio Zenone
I have sold a property at 404 19131 FORD RD in Pitt Meadows.
Huge floor plan for this 2 bedroom, 2 bath condo in Woodford Manor. Bright, top floor, NE facing corner unit. Large entryway with skylight, living room with vaulted ceiling, gas fireplace, sliding door to the large deck and adjacent dining room. Kitchen has room for a table and opens to the family room with another gas F/P. Large master with extra flex space, martini deck, his & hers closet & 4 piece ensuite. Second bedroom is on the opposite side of the unit for the utmost in privacy and has access to the deck. In suite laundry and a good sized storage room. Walk to everything; shopping, restaurants, recreation, West Coast Express and elementary school. View of Golden Ears from the living room and deck.
Posted on
September 4, 2019
by
Fabrizio Zenone
Metro Vancouver’s summer real estate bump continued in August, with sales returning to “more typical levels” according to the Real Estate Board of Greater Vancouver (REBGV).
The board’s latest report says the region saw 2,231 sales last month, up 15.7 per cent from August 2018, though down 12.7 per cent from July 2019.
It’s the second month in a row with year-over-year sales growth, after more than a year of slumping sales in what many analysts have called a correction to the region’s previously white-hot market.
WATCH: Mortgage stress test contributes to a decline in BC home sales
August’s growth was led by a large boost in sales of detached homes, which jumped 24.5 per cent over August 2018, while condo sales climbed by 8.9 per cent year-over-year.
However, August’s sales total remained more than nine per cent below the 10-year sales average for the month.
Despite the boost in sales, inventory remains high in the region, with 12,296 homes on the market – up 13.3 per cent over August last year, though down 5.9 per cent from July.
“With more demand from home buyers, the supply of homes listed for sale isn’t accumulating like earlier in the year. These changes are creating more balanced market conditions,” said REBGV president Ashley Smith in a media release.
Despite the stronger sales figures, prices in the region continued to slide.
Greater Vancouver home prices 1977-present.
Real Estate Board of Greater Vancovuer
The benchmark price for detached houses across the region was $1.4 million, according to the board, down 9.8 per cent from August last year, and down 0.7 per cent from July.
The dip in prices from August 2018 was led by Richmond (12.6 per cent), Vancouver’s west side (12 per cent), Vancouver’s east side and Coquitlam (11.4 per cent) and West Vancouver (11 per cent).
Whistler and Squamish were the only municipalities in the region to see year-over-year price growth, at 7.9 per cent and 5.6 per cent respectively.
The benchmark price of a condo across the region was $771,000, down 7.4 year-over-year, and up 0.1 per cent from July.
The drop in prices from August 2018 was led by West Vancouver (11.3 per cent), east Burnaby (10.5 per cent), south Burnaby (9.6 per cent) and New Westminster (9 per cent).
As with detached homes, just Whistler (3.4 per cent) and Squamish (1.1 per cent) saw apartment price growth year over year.
Categories:
Albion, Maple Ridge Real Estate
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Anmore, Port Moody Real Estate
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Arbutus, Vancouver West Real Estate
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Barber Street, Port Moody Real Estate
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Bear Creek Green Timbers, Surrey Real Estate
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Belcarra, Port Moody Real Estate
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Bolivar Heights, North Surrey Real Estate
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Brentwood Park, Burnaby North Real Estate
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Brookswood Langley, Langley Real Estate
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Burke Mountain, Coquitlam Real Estate
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Burnaby Hospital, Burnaby South Real Estate
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Canyon Springs, Coquitlam Real Estate
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Cape Horn, Coquitlam Real Estate
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Capitol Hill BN, Burnaby North Real Estate
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Central Coquitlam, Coquitlam Real Estate
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Central Lonsdale, North Vancouver Real Estate
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Central Meadows, Pitt Meadows Real Estate
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Central Park BS, Burnaby South Real Estate
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Central Pt Coquitlam, Port Coquitlam Real Estate
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Chilliwack W Young-Well, Chilliwack Real Estate
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Chineside, Coquitlam Real Estate
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Citadel PQ, Port Coquitlam Real Estate
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Cloverdale BC, Cloverdale Real Estate
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College Park PM, Port Moody Real Estate
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Coquitlam East, Coquitlam Real Estate
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Coquitlam West, Coquitlam Real Estate
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Downtown NW, New Westminster Real Estate
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Eagle Ridge CQ, Coquitlam Real Estate
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East Central, Maple Ridge Real Estate
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Elgin Chantrell, South Surrey White Rock Real Estate
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Fairview VW, Vancouver West Real Estate
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Fleetwood Tynehead, Surrey Real Estate
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Forest Hills BN, Burnaby North Real Estate
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Fraserview VE, Vancouver East Real Estate
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Glenayre, Port Moody Real Estate
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GlenBrooke North, New Westminster Real Estate
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Glenwood PQ, Port Coquitlam Real Estate
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Government Road, Burnaby North Real Estate
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Grandview Surrey, South Surrey White Rock Real Estate
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Guildford, North Surrey Real Estate
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Harbour Place, Coquitlam Real Estate
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Hastings, Vancouver East Real Estate
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Heritage Mountain, Port Moody Real Estate
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Heritage Woods PM, Port Moody Real Estate
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Highgate, Burnaby South Real Estate
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Holly, Ladner Real Estate
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Killarney VE, Vancouver East Real Estate
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Kitsilano, Vancouver West Real Estate
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Lincoln Park PQ, Port Coquitlam Real Estate
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Lower Mary Hill, Port Coquitlam Real Estate
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Lynn Valley, North Vancouver Real Estate
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Maillardville, Coquitlam Real Estate
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Marpole, Vancouver West Real Estate
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Mary Hill, Port Coquitlam Real Estate
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Mid Meadows, Pitt Meadows Real Estate
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Mission BC, Mission Real Estate
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Mount Pleasant VE, Vancouver East Real Estate
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Mountain Meadows, Port Moody Real Estate
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New Horizons, Coquitlam Real Estate
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North Coquitlam, Coquitlam Real Estate
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North Shore Pt Moody, Port Moody Real Estate
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Park Ridge Estates, Coquitlam Real Estate
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Parkcrest, Burnaby North Real Estate
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Port Moody Centre, Port Moody Real Estate
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Quay, New Westminster Real Estate
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Queensborough, New Westminster Real Estate
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Ranch Park, Coquitlam Real Estate
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River Springs, Coquitlam Real Estate
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Riverwood, Port Coquitlam Real Estate
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Sapperton, New Westminster Real Estate
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Seafair, Richmond Real Estate
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Silver Valley, Maple Ridge Real Estate
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Simon Fraser Univer., Burnaby North Real Estate
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South Meadows, Pitt Meadows Real Estate
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Southwest Maple Ridge, Maple Ridge Real Estate
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Sperling-Duthie, Burnaby North Real Estate
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Steveston Village, Richmond Real Estate
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University VW, Vancouver West Real Estate
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Upper Eagle Ridge, Coquitlam Real Estate
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Uptown NW, New Westminster Real Estate
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Vancouver East Real Estate
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Vancouver Heights, Burnaby North Real Estate
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Victoria VE, Vancouver East Real Estate
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Websters Corners, Maple Ridge Real Estate
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West Central, Maple Ridge Real Estate
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West End VW, Vancouver West Real Estate
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Westwood Plateau, Coquitlam Real Estate
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Westwood Summit CQ, Coquitlam Real Estate
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Whalley, North Surrey Real Estate
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Willingdon Heights, Burnaby North Real Estate
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Willoughby Heights, Langley Real Estate
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Woodland Acres PQ, Port Coquitlam Real Estate
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