Anthea Poon (www.antheapoon.com) : Blog http://www.antheapoon.com/Blog.php This page contains the blog. Fri, 18 May 2012 23:55:01 -0700 http://ubertor.com/?v=1.0 en Yaletown Open House! http://www.antheapoon.com/Blog.php/yaletown-open-house-1 Wed, 09 May 2012 12:33:50 -0700 Anthea Poon Listings http://www.antheapoon.com/Blog.php/yaletown-open-house-1 We are proud to announce that this May 12th, 2:00 PM to 4:00 PM we will be hosting an Open House at 1199 Seymour St in The BRAVA in the Yaletown neighborhood, Vancouver. This is an opportunity to visit this excellent Apartment for sale in beautiful Yaletown.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Yaletown Apartment for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> UPDATED: Yaletown Open House! http://www.antheapoon.com/Blog.php/updated-yaletown-open-house Mon, 30 Apr 2012 19:38:29 -0700 Anthea Poon Listings http://www.antheapoon.com/Blog.php/updated-yaletown-open-house Please note the change for this upcoming openhouse.

We are proud to announce that this May 5th, 2:00 PM to 4:00 PM we will be hosting an Open House at 1199 Seymour St in The BRAVA in the Yaletown neighborhood, Vancouver. This is an opportunity to visit this excellent Apartment for sale in beautiful Yaletown.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Yaletown Apartment for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> Yaletown Open House! http://www.antheapoon.com/Blog.php/yaletown-open-house Mon, 30 Apr 2012 19:38:13 -0700 Anthea Poon Listings http://www.antheapoon.com/Blog.php/yaletown-open-house We are proud to announce that this Apr 28th, 2:00 PM to 4:00 PM we will be hosting an Open House at 1199 Seymour St in The BRAVA in the Yaletown neighborhood, Vancouver. This is an opportunity to visit this excellent Apartment for sale in beautiful Yaletown.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Yaletown Apartment for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> 2803 1199 Seymour St, Vancouver, BC http://www.antheapoon.com/Blog.php/2803-1199-seymour-st-vancouver-bc Mon, 30 Apr 2012 19:19:25 -0700 Anthea Poon Listings http://www.antheapoon.com/Blog.php/2803-1199-seymour-st-vancouver-bc I just finished uploading this Apartment for sale, 2803 1199 Seymour St, Vancouver, BC

]]> March 2012 Statistics http://www.antheapoon.com/Blog.php/march-2012-statistics Tue, 03 Apr 2012 15:04:01 -0700 Anthea Poon Market Updates http://www.antheapoon.com/Blog.php/march-2012-statistics

Increased selection helps maintain balance in Greater Vancouver housing market


Home sales in March trended below the 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,874 on the Multiple Listing Service® (MLS®) in March 2012. This represents a 12.9 per cent increase compared to the 2,545 sales recorded in February 2012, a decline of 29.6 per cent compared to the 4,080 sales in March 2011 and an 8.4 per cent decline compared to the 3,137 home sales in March 2010.

March sales in Greater Vancouver were the second lowest total for the month in the region since 2002 and were 16.8 per cent below the 10-year sales average for the month.

“Home sellers have been more active than buyers the first few months of the year, but we continue to see a relative balance in the total supply of homes for sale and current demand in the marketplace,” Eugen Klein, REBGV president said. 

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,843 in March 2012. This represents a 5.2 per cent increase compared to February when 5,552 homes were listed and a 14 per cent decline compared to March 2011 when 6,797 homes were listed for sale on the region’s MLS®.

Last month’s new listing total was 4.5 per cent above the 10-year average for listings in Greater Vancouver for March.

At 15,236, the total number of residential property listings on the MLS® increased 8.4 per cent in March compared to last month and increased 16 per cent from this time last year.

“The total number of properties for sale in Greater Vancouver has increased each month since December, which means there’s more selection to choose from as we enter what’s traditionally the busiest season of the year in our market,” Klein said.

The MLS® HPI benchmark price for all residential properties in Greater Vancouver currently sits at $679,000, up 5.3 per cent compared to March 2011 and an increase of 1.1 per cent compared to February 2012. The benchmark price for all residential properties in the Lower Mainland is $607,700, an increase of 4.8 per cent compared to March 2011.

Sales of detached properties on the MLS® in March 2012 reached 1,183, a decline of 34.1 per cent from the 1,795 detached sales recorded in March 2011, and an 11.5 per cent decrease from the 1,336 units sold in March 2010. The benchmark price for detached properties increased 9.2 per cent from March 2011 to $1,056,400.

Sales of apartment properties reached 1,191 in March 2012, a decline of 26.6 per cent compared to the 1,622 sales in March 2011, and a decrease of 4.9 per cent compared to the 1,252 sales in March 2010.The benchmark price of an apartment property increased 2.2 per cent from March 2011 to $375,100.

Townhome property sales in March 2012 totalled 500, a decline of 24.6 per cent compared to the 663 sales in March 2011, and an 8.9 per cent decrease from the 549 townhome properties sold in March 2010. The benchmark price of a townhome unit increased 0.9 per cent between March 2011 and 2012 to $480,900.

]]> #605 #298-E11th Ave, Vancouver, BC http://www.antheapoon.com/Blog.php/605-298-e11th-ave-vancouver-bc Mon, 19 Mar 2012 18:40:54 -0700 Anthea Poon Listings http://www.antheapoon.com/Blog.php/605-298-e11th-ave-vancouver-bc I just finished uploading this Condo for sale, #605 #298-E11th Ave, Vancouver, BC

Sorry to brag but....being the North East corner of the Sophia makes me a pretty big deal. I can impress any of your guests with my grand entrance and with a view from my wrap-around deck that will blow your mind! That's not all. I am solid concrete with massive floor to ceiling windows, a smartly designed functional open concept floor plan with 2 generous sized bedrooms and 2 bathrooms. My features are also pretty amazing with courian countertops and gas range. The city is my playground, I'm surrounded by some of Vancouver's best eateries, baristas' and do I have to mention the about the shopping? Just minutes away from Downtown, Seawall, the Village and Canada RAV Line, need I say more. Parking and storage included.

]]> 310 1928 Nelson St, Vancouver, BC http://www.antheapoon.com/Blog.php/310-1928-nelson-st-vancouver-bc Mon, 19 Mar 2012 17:59:43 -0700 Anthea Poon Listings http://www.antheapoon.com/Blog.php/310-1928-nelson-st-vancouver-bc I just finished uploading this Apartment for sale, 310 1928 Nelson St, Vancouver, BC

Beautifully maintained 1 bedroom suite in superb location 'WEST OF DENMAN' nestled on quiet tree-lined street. Just 2 blocks from spectacular Stanley Park & English Bay. Spacious layout, 9 foot ceiling, gas fireplace, Beech parquet floors in foyer & kitchen. Jetted bath. Well managed 41 units, rainscreened building. 1 secured underground parking stalls & storage locker. Priced below assessment value!

]]> Gastown Open House! http://www.antheapoon.com/Blog.php/gastown-open-house-6 Tue, 31 Jan 2012 17:06:18 -0800 Anthea Poon Listings http://www.antheapoon.com/Blog.php/gastown-open-house-6 We are proud to announce that this Jan 27th, 10:30 AM to 12:00 PM we will be hosting an Open House at 108 W Cordova in Woodwards 32 in the Gastown neighborhood, Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Gastown.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Gastown Condo for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> Gastown Open House! http://www.antheapoon.com/Blog.php/gastown-open-house-5 Mon, 30 Jan 2012 17:19:18 -0800 Anthea Poon Listings http://www.antheapoon.com/Blog.php/gastown-open-house-5 We are proud to announce that this Jan 28th, 2:00 PM to 4:00 PM we will be hosting an Open House at 108 W Cordova in Woodwards 32 in the Gastown neighborhood, Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Gastown.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Gastown Condo for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> 1808 108 W Cordova, Vancouver, BC http://www.antheapoon.com/Blog.php/1808-108-w-cordova-vancouver-bc Mon, 30 Jan 2012 17:18:52 -0800 Anthea Poon Listings http://www.antheapoon.com/Blog.php/1808-108-w-cordova-vancouver-bc I just finished uploading this Condo for sale, 1808 108 W Cordova, Vancouver, BC

Rarely available at Woodwards32. Enjoy breathtaking Water and Mountain views from your 100sf balcony - great for BBQs & Entertaining! Features 9' ceilings w/exposed concrete, H/W floors throughout, German eng. Eggersman cabinetry, stone counters, S/S appliances w gas stove, front loading W/D, 5-pc spa-like bathroom w/separate glass shower, spacious bdrm, superb floor plan for maximum functionality. Known for its great amenities, Club W is located on the rooftop (2 levels) with outdoor hot tub, lounge, gym & climbing wall & stunning views from the endless terrace. Pet & rentals allowed, includes 1 secured underground parking. Just steps from all the amazing Gastown amenities, boutiques, eateries & lounges. Call now to view!

]]> Cloverdale BC Open House! http://www.antheapoon.com/Blog.php/cloverdale-bc-open-house-1 Mon, 23 Jan 2012 15:53:47 -0800 Anthea Poon Listings http://www.antheapoon.com/Blog.php/cloverdale-bc-open-house-1 We are proud to announce that this Jan 30th, 2:00 PM to 4:00 PM we will be hosting an Open House at 18588 64A Ave in Clover Valley in the Cloverdale BC neighborhood, Cloverdale. This is an opportunity to visit this excellent House for sale in beautiful Cloverdale BC.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Cloverdale BC House for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> REBGV November 2011 Stats http://www.antheapoon.com/Blog.php/rebgv-november-2011-stats Fri, 02 Dec 2011 14:22:22 -0800 Anthea Poon Market Updates http://www.antheapoon.com/Blog.php/rebgv-november-2011-stats Historically normal activity keeps the Greater Vancouver housing market in a balanced state The Greater Vancouver housing market saw relatively typical home sale and listing activity in November.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,360 in November. This represents a 5.9 per cent decline compared to the 2,509 sales in November 2010 and a 1.9 per cent increase compared to the 2,317 sales recorded in October 2011.

Looking back further, last month’s residential sales total is 5.8 per cent below the ten-year average for sales in November.

“The pace of home listings entering the market eased slightly in November, compared to recent months, while sale levels remained fairly normal for this time of year,” Rosario Setticasi, REBGV president said. “November activity helped put our market firmly in balanced territory.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 3,222 in November. This represents a 26.3 per cent decline compared to the 4,374 new listings reported in October 2011, but a 6.3 per cent increase compared to November 2010 when 3,030 properties were listed for sale on the MLS®.

Looking back further, last month’s new listing total is 2.1 per cent above the ten-year average for November.

The total number of properties currently listed for sale on the Greater Vancouver MLS® sits at 14,090, a decline of 9 per cent compared to October 2011 but an increase of 13 per cent when compared to this time last year.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 7.2 per cent to $622,087 in November 2011 from $580,080 in November 2010.

Since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 1.4 per cent.

Sales of detached properties on the MLS® in November 2011 reached 916, a decrease of 12.8 per cent from the 1,050 detached sales recorded in November 2010, and a 21.3 per cent decrease from the 1,164 units sold in November 2009. The benchmark price for detached properties increased 11.4 per cent from November 2010 to $890,204.

Sales of apartment properties reached 1,000 in November 2011, a 4.9 per cent decrease compared to the 1,052 sales in November 2010, and a decrease of 28.4 per cent compared to the 1,396 sales in November 2009. The benchmark price of an apartment property increased 2.7 per cent from November 2010 to $399,686.

Attached property sales in November 2011 totalled 444, a 9.1 per cent increase compared to the 407 sales in November 2010, and a 15.1 per cent decrease from the 523 attached properties sold in November 2009. The benchmark price of an attached unit increased 4.5 per cent between November 2010 and 2011 to $510,960.

Contact me with any questions!.]]> The Real Deal: Why the Chinese are Buying up Vancouver Real Estate http://www.antheapoon.com/Blog.php/the-real-deal-why-the-chinese-are-buying-up-vancouver-real-estate Thu, 24 Nov 2011 16:00:44 -0800 Anthea Poon General http://www.antheapoon.com/Blog.php/the-real-deal-why-the-chinese-are-buying-up-vancouver-real-estate The Inside Scoop

I was recently interviewed by CBC and the Vancouver Observer about why the Chinese are so interested in Vancouver real estate. They thought I’d be the realtor to ask, as I have been working closely with many Asian buyers and investors.

The 2008 recession oved to be an interesteing time for Real Esate. In efforts to stimulate market activity, the goverment kept interest rates low but the real reason the market receovered as quickly as it did was because of Asian Buyers. They had the financial means to do so at a time when no one else could and reaped the benenfits of lower prices. Since then it triggered more Asian Buyers which is reflected in our ever increasing housing prices. 

Why Asians are interested in Vancouver Real Estate

1. The Chinese want to provide better futures for the families.

2. There is a rapidly growing middle class in China which is just beginning to realize that they can afford homes abroad.

3. Recent tax increases to own a second property in China make it more appealing to own real estate in Vancouver.

4. As China is developing so quickly, the US and Canada have more political and legal stability.

5. Vancouver remains one of top three cities throughout the World to live in. It is a safe city with a reputable school system and has the most temperate and humid climate across the country. The air and water quality compared to China are also unmatched. There are approximatley 650,000 fatal illnesses per year due to air pollution and 90,000 deaths from drinking polluted water in China.

6. It is a relatively easy commute from Hong Kong with direct flights to Vancouver daily. Just a hop, skip and a jump away from one of the most beautiful cities in the world (plus 12 hours).

Here's the most recent article from Blookberg BusinessWeek: http://www.businessweek.com/magazine/chinas-superrich-buy-a-better-life-abroad-11222011.html


]]> 303 55 E Cordova St, Vancouver, BC http://www.antheapoon.com/Blog.php/303-55-e-cordova-st-vancouver-bc Mon, 21 Nov 2011 13:30:43 -0800 Anthea Poon Listings http://www.antheapoon.com/Blog.php/303-55-e-cordova-st-vancouver-bc I just finished uploading this Loft/Heritage Conversion for sale, 303 55 E Cordova St, Vancouver, BC

Unique New York Style 1200 sf loft with views of the North Shore and SECURED U/G PARKING in the well sought after KORET LOFTS (heritage building conversion). Great layout with over height ceilings, massive exposed wooden beams, restored heritage windows, polished concrete floors, brick walls, S/S appliances and in-suite storage and laundry. Also incl. Concierge & bike room. Pets/Rentals allowed. Just steps from all the great amenities boutiques, food & drinks Gastown has to offer (i.e. Milano Coffee, Nicli Antica Pizzeria, Cork & Fin, L’Abbatoir, Cobre’s, Bonita’s, Diamond, Pourhouse). Commercial live/work zoning allows for a number of creative uses. Call now to view!

]]> Cloverdale BC Open House! http://www.antheapoon.com/Blog.php/cloverdale-bc-open-house Mon, 21 Nov 2011 12:38:23 -0800 Anthea Poon Listings http://www.antheapoon.com/Blog.php/cloverdale-bc-open-house We are proud to announce that this Nov 26th, 2:00 PM to 4:00 PM we will be hosting an Open House at 18588 64A Ave in Clover Valley in the Cloverdale BC neighborhood, Cloverdale. This is an opportunity to visit this excellent House for sale in beautiful Cloverdale BC.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Cloverdale BC House for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> Cloverdale Open House! http://www.antheapoon.com/Blog.php/cloverdale-open-house Wed, 16 Nov 2011 14:07:17 -0800 Anthea Poon Listings http://www.antheapoon.com/Blog.php/cloverdale-open-house We are proud to announce that this Nov 19th, 2:00 PM to 4:00 PM we will be hosting an Open House at 64A Ave in Clover Valley in the Cloverdale neighborhood, Surrey. This is an opportunity to visit this excellent Apartment for sale in beautiful Cloverdale.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Cloverdale Apartment for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> 18588 64A Ave, Surrey, BC http://www.antheapoon.com/Blog.php/18588-64a-ave-surrey-bc Mon, 14 Nov 2011 14:09:44 -0800 Anthea Poon Listings http://www.antheapoon.com/Blog.php/18588-64a-ave-surrey-bc I just finished uploading this Apartment for sale, 18588 64A Ave, Surrey, BC

Stunning 6 bedroom home built by Parklane Homes in the most sought after Cloverdale location. Plenty of sunlight and recent upgrades throughout including new flooring, french doors extending from kitchen onto 300 SF patio, new appliances & fully finished basement with private entrance and separate washer/dryer. Great Feng Shui and layout with open concept on the main and 4 bedrooms up. BC Hydro certified POWERSMART home with central vac. Just steps from all the great shopping, amaneities, Hillcrest Park, Hillcrest Elemetary School & public transit Cloverdale has to offer.

]]> UPDATED: Hastings Open House! http://www.antheapoon.com/Blog.php/updated-hastings-open-house-1 Thu, 03 Nov 2011 15:08:20 -0700 Anthea Poon Listings http://www.antheapoon.com/Blog.php/updated-hastings-open-house-1 Please note the change for this upcoming openhouse.

We are proud to announce that this Nov 6th, 12:00 PM to 1:00 PM we will be hosting an Open House at 201- 16 LAKEWOOD Drive in Copper Place in the Hastings neighborhood, Vancouver East. This is an opportunity to visit this excellent Condo for sale in beautiful Hastings.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Hastings Condo for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> Hastings Open House! http://www.antheapoon.com/Blog.php/hastings-open-house-4 Wed, 02 Nov 2011 15:35:37 -0700 Anthea Poon Listings http://www.antheapoon.com/Blog.php/hastings-open-house-4 We are proud to announce that this Nov 6th, 12:00 PM to 1:30 PM we will be hosting an Open House at 201- 16 LAKEWOOD Drive in Copper Place in the Hastings neighborhood, Vancouver East. This is an opportunity to visit this excellent Condo for sale in beautiful Hastings.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Hastings Condo for sale.

As always please do not hesitate to give me a call at 604-629-6100 if I can answer any questions before the open house, or if you would like to book a private showing.

Anthea Poon
TRG Realty

]]> October Stats: Real Estate Board of Greater Vancouver http://www.antheapoon.com/Blog.php/october-stats-real-estate-board-of-greater-vancouver Wed, 02 Nov 2011 14:57:07 -0700 Anthea Poon Market Updates http://www.antheapoon.com/Blog.php/october-stats-real-estate-board-of-greater-vancouver It's Official! Greater Vancouver is at the lower end of balanced housing market! Investors and Buyers get ready...

Here are the most recent statistics for October 2011

With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) system reached 2,317 in October, a 1 per cent decrease compared to the 2,337 sales in October 2010 and a 3.2 per cent increase compared to the previous month. Those sales rank as the second lowest total for October over the last 10 years.

“Right now, prospective home buyers have a good selection of properties to choose from and more time to make decisions,” Rosario Setticasi, REBGV president said. “Home sellers should be mindful of local market conditions to ensure they are pricing their properties competitively.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,374 in October, which is on par with the 10-year average. This represents an 18.3 per cent increase compared to October 2010, when 3,698 properties were listed for sale on the MLS®, and a 23 per cent decrease compared to the 5,680 new listings reported in September 2011.

The total number of properties listed for sale on the Greater Vancouver MLS® system currently sits at 15,377, which is 9.3 per cent higher than the 14,075 properties listed for sale during the same period last year. October was the first month that the total number of property listings showed a decrease this year.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 7.5 per cent to $622,955 in October 2011 from $579,349 in October 2010. However, since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 1.3 per cent.

Sales of detached properties in October reached 974, which represents virtually no change from the 976 detached sales recorded in October 2010, and a 34.5 per cent decrease from the 1,487 units sold in October 2009. The benchmark price for detached properties increased 11 per cent from October 2010 to $884,778, but decreased 1.3 per cent compared to the previous month.

Sales of apartment properties reached 958 in October, a 2.6 per cent decrease compared to the 984 sales in October 2010, and a decrease of 40.4 per cent compared to the 1,607 sales in October 2009. The benchmark price of an apartment property increased 3.2 per cent from October 2010 to $402,702, but decreased 0.7 per cent compared to the previous month.

Attached property sales in October totalled 382, a 1.3 per cent increase compared to the 377 sales in October 2010, and a 37.4 per cent decrease from the 610 attached properties sold in October 2009. The benchmark price of an attached unit increased 6.5 per cent between October 2010 and 2011 to $519,455, and increased half a per cent compared to the previous month.]]>