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Month: December 2008

by Maggie Chandler Maggie Chandler No Comments

Polar Bear Swim

The Vancouver Polar Bear Swim Club is one of the oldest Polar Bear Clubs in the world!

Its first swim was in 1920.

Free registration takes place in front of the English Bay bathhouse from 12.30pm. The swims starts at 2.30pm. You receive a commemorative button after you take the plunge.

Venue is English Bay Beach on New Year’s Day

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Merry Christmas!

MERRY XMAS TO YOU AND YOURS!

This from Wikipedia 

Christmas (IPA: /krɪsməs/), also referred to as Christmas Day or Christmastide, is an annual holiday celebrated on December 25 that marks and honors the birth of Jesus of Nazareth. His birth, which is the basis for the anno domini system of dating, has been determined by modern historians as having occurred between 7 and 2 BC. The date of celebration is not thought to be Jesus’ actual date of birth. It may have been chosen to coincide with the winter solstice, which the ancient Romans celebrated on December 25.

Modern customs of the holiday include gift-giving, church celebrations, and the display of various decorations—including the Christmas tree, lights, mistletoe, nativity scenes and holly. Santa Claus (also referred to as Father Christmas, although the two figures have different origins) is a popular mythological figure often associated with bringing gifts at Christmas. Santa is generally believed to be the result of a syncretization between St. Nicholas of Myra and elements from pagan Nordic and Christian mythology, and his modern appearance is believed to have originated in 19th century media.

Christmas is celebrated throughout the Christian population, but is also celebrated by many non-Christians as a secular, cultural festival. The holiday is widely celebrated around the world, including in the United States, where it is celebrated by 96% of the population. Because gift-giving and several other aspects of the holiday involve heightened economic activity among both Christians and non-Christians, Christmas has become a major event for many retailers.

See what’s happening in Vancouver for Christmas.

View my other Vancouver Events.

Have a Xmas story you’d like to share or some joy or a favourite Christmas carol?

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by Maggie Chandler Maggie Chandler No Comments

Smoke Detectors Save Lives

Smoke detectors save lives – the risk of dying in a home fire is cut in HALF when operating smoke detectors are in place.

Replace the batteries at least once a year or use 100V detectors that do not use batteries. Clean smoke detectors at least twice a year and test them at least annually. There should be one smoke detector on every level of your home. If you sleep with the bedroom door closed, install one in the bedroom as well . Generally detectors last for 10 years.

 Visit this website for more information

when you’re ready to buy or sell Vancouver real estate, contact Maggie, an experienced realtor marketing Vancouver homes since 1981

this site is updated regularly, subscribe via RSS or email for free. the above information is deemed to be correct but should not be relied upon

by Maggie Chandler Maggie Chandler No Comments

Canada Real Estate Roundup

Montreal, Newfoundland and Halifax are experiencing rising prices, all other metro areas in Canada are doing the reverse.

Canadian home sales will stabilize in 2009 after a double-digit drop this year, while prices will edge down slightly following this year’s single-digit decline, according to a national real estate firm.

This from Canada.com “Nationally, 440,000 homes are expected to change hands in 2008, down 15 per cent from record 2007 levels,” Re/Max forecast Wednesday. “Canadian housing values are expected to hover at $300,000, a nominal three per cent decline from last year’s historic peak.”Sales are expected to drop further in the early part of 2009 before recovering by the end of the year at the 440,000 level, Re/Max said. However, the average price is expected to slip by two per cent to an average of $293,000, it said.The outlook is for “somewhat static” activity in the first six to nine months of 2009, given continued volatility in financial markets and the threat of recession. However, as stability returns to the financial sector, housing markets are expected to recover. Read more

by Maggie Chandler Maggie Chandler No Comments

Festival of Trees

For the past 21 years the festival of trees has transformed the lobby of the Four Seasons Hotel and upper level of the Pacific Centre into a forest of lavishly decorated trees, to raise funds for BC Children’s Hospital.

You are invited to browse through the display and cast your ballot for your favourite tree.

On display November 19-January 1st at 791 West Georgia Street, Vancouver, BC

by Maggie Chandler Maggie Chandler No Comments

BC Homeownership is 70%

Canada Mortgage and Housing Corp says home-ownership in British Columbia is approximately 70%. CMHC estimate that 45% of Vancouver Downtown condos are investor owned (adding to a tight rental market) versus 23% of condos across metropolitan Vancouver.

Stats Canada match CMHC figures, stating that 69.7% of households in BC own their own home, leaving 30% of the province renting a home. However in Metropolitan Vancouver  35% of households rent and in Vancouver itself 51% of households rent.

With the rental vacancy rate below 1% it does not bode well for newcomers to the City or tenants facing displacement, such as what’s taking place in the West End.

For more info on Vancouver real estate, view my website

when you’re ready to buy or sell Vancouver real estate, contact Maggie, an experienced realtor marketing Vancouver homes since 1981.

this site is updated regularly, subscribe via RSS or email for free.

by Maggie Chandler Maggie Chandler No Comments

Vancouver Real Estate Price Graph Nov 2008

avg nov 08

The above graph shows the average price of properties sold throught the Real Estate Board of Greater Vancouver’s MLS from 1971 to present.

The top line is houses, the middle is townhomes and the bottom line is condos.

It is interesting to observe that the average price gap between houses and condos was quite narrow in the ’70’s and ’80s and is now substantially wider. The houses went nearly vertical in 2002 and has now decreased more than the townhomes and condos.

Between 2003 and 2008, the HPI benchmark price of a detached home in Greater Vancouver increased nearly 70 per cent to $761,000 from $449,000. Condominiums over the same period increased 82 per cent to $387,000 from $213,000. Left unchecked at this rate, by 2013 the benchmark price of a detached home would top $1.2 million and condos more than $700,000.

View my website for more info on Vancouver real estate.

when you’re ready to buy or sell Vancouver real estate, contact Maggie, an experienced realtor, marketing Vancouver homes since 1981.

this site is updated regularly, subscribe for free via RSS or email. the above information is courtesy REBGV but should not be relied upon.

by Maggie Chandler Maggie Chandler No Comments

Vancouver Real Estate Graphs for Nov 2008

sales to list nov 08

sales to list 2 nov 08

The above graphs show the listings, sales, average price for november 2008 for houses, townhouses and condos for vancouver, bc.

Listings – in all types of property have peaked or levelled.

New number of monthly listings is down substantially, in all categories.

Sales – are the lowest for the entire year

Dollar volume – for the entire year is at the lowest point

Average price – for homes and condos are equal to a year ago. For townhomes it is higher than a year ago.

Busiest price range – for townhomes it is between $650K nad $850K. For condos it is $300K- $450K and for houses it is those selling over$1M.

Search for listings on the site or contact Maggie, an experienced realtor, marketing Vancouver real estate since 1981, when you’re ready to buy or sell Vancouver real estate

this site is updated regularly, subscribe via RSS or emai, for FREE! the above info is courtesty of REBGV and should be verified

by Maggie Chandler Maggie Chandler No Comments

Carol Ships Parade of Lights

The annual Carol Ships Parade of Lights takes place every evening from November 29th to December 23rd.

 The decorated boats join up and form a flotilla and cruise to different areas of the city and harbour. The majority of boats offer dinner on board with carol singing and festivities. Departs from various locations.

For a schedule to view the Carol Ships. A Vancouver favourite!

by Maggie Chandler Maggie Chandler No Comments

Vancouver Real Estate Analysis for Coal Harbour Nov 2008

CG Graph Nov 08

Vancouver’s Coal Harbour statistics for November show listings flat at 247.   Sales down to 9, from 12.   Days on market dropped from 54 in October, to 41 in November for sold condos. Average selling price down from $910,291 in October to $848,555.  The supply increased from 20 in October to 27 .  Highest number of listings, lowest number of sales but the solds are selling in fewer number of days and at the lowest average sales price for the past 6 months. The average list price reduction has levelled. Like October, November saw the least number of sales for the month  for the entire millennium. In November 2000 there were 20 sales! (that was the bottom of the real estate market when the average selling price was $305,000 but the high end luxury buildings weren’t built then, except for a few Bayshore Drive buildings – 1717 was completed in 1999 – and Avila and Bauhina).   535 Nicola was selling for $300 pr sq ft for condos not on the front of the building! 

The average sale price in Vancouver’s Coal Harbour  is down 15% since January.

Listings – 247

Least expensive $285,000 for a studio ($587 pr sq ft). Most expensive $16,800,000 for the Shaw Tower Penthouse ($2248 pr sq ft). The $12,000,000 for the Melville Penthouse ($2100 pr sq ft).  The the sub-penthouse at One Harbour Green for $6,999,000 ($2000 pr sq ft)

2008 Listings –Jan 128,Feb 149, Mar 179, Apr 176, May 175, June 192, July 220, Aug 212, Sept 245, Oct 246, Nov 247

Sales – 9. One under $400,000. 2 between $400,000 and $500,000. 3 between $500,000 and $1 million and 3 Coal Harbour condos sold between $1M and $1.6M.

2008 Sales – Jan 14, Feb 33, Mar 22, Apr 26  May 16, June 16, July 11, Aug 12, Sept 16, Oct 12, Nov 9

Least expensive was $399,000 for a l bedroom ($598 pr sq ft), it first registered in 1997 for $152,000.

Most expensivewas $1.6M which was on the Bayshore waterfront ($971 pr sq ft for prime Coal Harbour waterfront), which first registered in 1999 (pre-sale?) for $692,000.

Days on Market for Solds – Jan 67, Feb 44, Mar 39, Apr 47, Jun 71, Jul 73, Aug 83, Sept 53, Oct 54, Nov 41

Average Sale Price – Nov $848,555 $Oct $910,291, Sept $1,513,062, Aug $1,569,772 ,  July 1,379,091, Jun 803,091,  Apr $770,430, Mar 807,340, Feb $974,329, Jan $966,806

Average Selling Price Pr Sq Ft – Nov 742, Oct  835 , Sept 958

List Price to Sale Price Ratio – Nov 92%, Oct 92%, Sept 93%

Did you know you can search for Coal Harbour listings on this site?

View my Coal Harbour website

when you’re ready to buy or sell Coal Harbour or Vancouver real estate, contact Maggie, an experienced realtor marketing Vancouver homes since 1981

this site is updated regularly, subscribe via RSS or email for free. the above information is deemed to be correct but should not be relied upon without verification

by Maggie Chandler Maggie Chandler No Comments

Vancouver Real Estate Analysis for Downtown November 2008

dt graph nov 2008

Vancouver’s Downtown condo market saw listings up in November and the highest for the year. Sales slightly lower. Average days on the market for condos that sold was down slightly from 50 to 48.  The average price for Downtown condos that sold increased from  $411,768 to $435,088. The average $ pr sq ft for condos that sold is flat at $567.  Again a whopping 85% of the sales were under $500,000 and only 2 sold over $1M.  Best selling price range is under $400,000. Vancouver’s Downtown inventory increased from 16 months to 23 months. As in October, the sales for November were the lowest for that month for the entire millennium.

Listings -804

2008 Listings –  Jan 420 , Feb 457  ,Mar 529 , Apr 630, May 669 , June 740, July 745, Aug 782, Sept 742, Oct 744, Nov 804

Sales – 34. Seven sold under $300,000. 14 sold between $300,000 and $400,000. Seven sales between $400,000 and $500,000 and four over $500,000 .

Most expensive $1.4M, the suite sold spring 2005 for just over $1M and first registered early in 2001 for $841,000. Read more

by Maggie Chandler Maggie Chandler No Comments

Vancouver Real Estate Analysis for Kitsilano Nov 2008

kits nov 08

Vancouver real estate market analysis for Kitsilano condos saw sales for the month of November down to 12 from 15 in October. Listings down from 187 in September to 171.  Average price for sold condos down from $427,850 to $408,250 (equal to September).  Average Days on the market increased from 36 to 44.  October saw a bottom end market with 10 of the 12 sales under $500,000 in this hood. Kits condo supply up from 12 months to 14 months (versus 4 months in January).  The price range over $400,000 has the most inventory. Kitsilano prices are off 12% since January. November had the least number of sales for the month of November for the entire decade.

Listings – 171. 11 listed under $300,000. 55 listed between $300,000 and $400,000. 102 listed between $400,000 and $700,000 and 3 over $800,000

2008 Listings – Nov 171,  Oct  187, Sept 184, Aug 166, July 159, Jun 157, May 145, Apr 130

Sales – 12. Three sales below $300,000. 6 from $300,000 to $400,000. Two between $400,000 and $700,000 and one over $800,000.

Least expensive was 522 sq.ft. l bedroom sold for $245,000 ($469 pr sq ft). This condo sold in summer 2004 for $173,000. Least expensive 2 bedroom sold for $380,000 for 850 sq.ft. ($447 pr sq ft).

2008 SALES – Jan 26, Feb 44 , Mar 20, Apr 42, May 45, June 35, July 38, August 25, Sept 24, Oct 15 , Nov 12

supply – 4 months under $300,000. 9 months of inventory between $300,000 and $400,000.  51 months between $400,000 and $700,000

Best value? 689 sqft l bedroom sold for $320,000. Last time it sold was spring 2006 for $327,500

Days on the market  – January 27, February 18, March 18.  April 28, May 28, June 28, July 43, August 37, Sept 32, Oct 36, Nov 44

Average price –  Jan $449,600, Feb $486,260 Mar $451,000, Apr $ 476,452, May $492,063, Jun $ 398,350, Jul $439,663 , Aug 416,240, Sept $408,159, Oct $427,850, Nov $408,250

Average Selling Price pr sq ft  – Nov 511 , Oct $518, Sept $555

Sale price to list price ratio – Nov  95%, Oct 96%, Sept 97%

Viewmy other posts for Kitsilano or search for Kitsilano listings

When you’re ready to buy or sell Kitsilano or Vancouver real estate, contact Maggie, an experienced agent marketing Vancouver real estate since 1981

this site is updated regularly, subscribe via RSS or email FOR FREE

by Maggie Chandler Maggie Chandler No Comments

Bright Nights Xmas Train

Bright Nights Xmas Train consists of more than a million lights transforming the forest, train and children’s farmyard. Explore the woodland paths leading to the illuminated displays and holiday sounds. The aroma of the hot choclate, roasted nuts and fresh popcorn bring back childhood memories. Visit Santa and the much loved mouse.

The Vancouver Park Board and the BC Professional Fire Fighters’ Burn Fund have together created nights of magic and illumination in the middle of wondrous Stanley Park.

View the website

In Stanley Park from November 28 – January 5th

by Maggie Chandler Maggie Chandler No Comments

False Creek North Graph Nov 2008

FCN Graph Nov 08

Vancouver real estate analysis for False Creek North saw listings down a tad to 246.   Days on the market drop from 62 to 58. The average selling price drop a bit to $816,605    The average supply of condos in this waterfront hood increased from 25 months in October to 41 months. Best selling price range is under $500,000.  No sales over $1.6M. By far the worst November in the history of this waterfront neighbourhood.

Listings – 246

2008 Listings – Feb 153, Mar 174, May 202, Jun 210,  Jul 237, Aug 256, Sept 257, Oct 250, Nov 246

Sales – 6 – three sold under $500,000. One sold in the high$800K, one over a million and one at $1.6 million.

2008 Sales – Jan 24, Feb 39 , Mar 44 , Apr 40 , May 18, June 18, July 9, Aug 14, Sept 16, Oct 10

Average Sale Price – $816,605, Oct $864,980, Sept $631,944 Read more

by Maggie Chandler Maggie Chandler No Comments

Vancouver Real Estate Analysis for West End Nov 2008

Wedt End Nov 2008

Vancouver real estate in the West End saw November listings  up  from October to 281 and is a record high for the year.  Sales were down from 16 to 15 and is a record low for the year.  The days on the market for condos that sold dropped 65 to 45.   The average selling price increased from $370,468 to $375,433 and is a 35% drop since January.  9 of the sales were under $400,00 and the highest price was $732,000.   The West End has over 18 months of  inventory on the market. The average $ pr sq ft for those West End condos that sold dropped under $500 for the first time this year.

Listings – 281

2008 Listings – Jan  168, Feb 172 ,  Apr 232 , May  241 , June 235, July 235, Aug 246, Sept 257, Oct 268, Nov 281

Sales – 15 Read more

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