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We have just sold a property at 132 19TH AVE E in Vancouver.
Outstanding Heritage style home with 5 bedrooms above the main! Excellent WEST of Main location across from Grimmitt Park. Main floor features a fantastic front porch and an inviting entry foyer. Fir floors throughout, high ceilings with crown moldings. Spacious living & dining area with classic fireplace. A huge family room with 2nd fireplace . Stunning Cooks kitchen with Limestone counters, top of the line 5 Star gas range, Jenn-Air fridge & wine fridge. 2 sinks and a huge butcher block island. Upstairs offers 5 amazing bedrooms on 2 more levels. 2 stunning baths including a spa like master with steam shower. Views to the park & North shore mountains! Downstairs features a media room with surround sound, plus a flex room for hobbies/kids play area. All this plus a full 1 bedroom suite with its own laundry. Over 3800 sq feet. Fantastic family home! Enjoy the urban garden in the front & Entertainment size deck in landscaped back yard + 2 car garage. You will fall in love with this beautiful home!
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Please visit our Open House at 108 3278 HEATHER ST in Vancouver.
Open House on Sunday, May 3, 2015 2:00 pm - 4:00 pm
Terrific 1 bedroom PLUS flex space unit in The Heatherstone building. Tucked away on quiet side of building with updated wood floors, appliances & counters. Living room has cozy gas fireplace plus doors to spacious private patio - Perfect for the gardener or BBQ lover. In suite laundry, 1 parking in secure underground and 1 storage locker. Well run, pet friendly building. Steps to Heather Park & Douglas Park. Cambie Village shops, theatre & bike route at your door step!
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Please visit our Open House at 132 19TH AVE E in Vancouver.
Open House on Sunday, April 26, 2015 2:00 pm - 4:00 pm
Outstanding Heritage style home with 5 bedrooms above the main! Excellent WEST of Main location across from Grimmitt Park. Main floor features a fantastic front porch and an inviting entry foyer. Fir floors throughout, high ceilings with crown moldings. Spacious living & dining area with classic fireplace. A huge family room with 2nd fireplace . Stunning Cooks kitchen with Limestone counters, top of the line 5 Star gas range, Jenn-Air fridge & wine fridge. 2 sinks and a huge butcher block island. Upstairs offers 5 amazing bedrooms on 2 more levels. 2 stunning baths including a spa like master with steam shower. Views to the park & North shore mountains! Downstairs features a media room with surround sound, plus a flex room for hobbies/kids play area. All this plus a full 1 bedroom suite with its own laundry. Over 3800 sq feet. Fantastic family home! Enjoy the urban garden in the front & Entertainment size deck in landscaped back yard + 2 car garage. You will fall in love with this beautiful home!
Read

We have just sold a property at 3256 FLEMING ST in Vancouver.
Outstanding well kept home on a beautiful tree lined street in prime Cedar Cottage neighborhood. Welcoming entry foyer with excellent closets, leads to generous living/dining room with hardwood floors & fireplace. Large kitchen with centre island, adjacent family room & guest bath. With 3 or (optionally) 4 bedrooms & a full bath on the 2nd floor, this home is perfect for the growing family. Master bedroom suite is On the top (3rd) floor with huge walk in closet, full en-suite bath plus great VIEWS from private deck. Enjoy the beautiful mature garden with an entertainment sized back deck. All this plus an amazing, totally private self contained suite - an excellent mortgage helper. Steps to Clark Park, Trout Lake Park & Community Centre PLUS Sky train. Must be seen!
Read

Please visit our Open House at 108 3278 HEATHER ST in Vancouver.
Open House on Sunday, April 26, 2015 2:00 pm - 4:00 pm
Terrific 1 bedroom PLUS flex space unit in The Heatherstone building. Tucked away on quiet side of building with updated wood floors, appliances & counters. Living room has cozy gas fireplace plus doors to spacious private patio - Perfect for the gardener or BBQ lover. In suite laundry, 1 parking in secure underground and 1 storage locker. Well run, pet friendly building. Steps to Heather Park & Douglas Park. Cambie Village shops, theatre & bike route at your door step!
Read

Please visit our Open House at 108 3278 HEATHER ST in Vancouver.
Open House on Sunday, April 19, 2015 2:00 pm - 4:00 pm
Terrific 1 bedroom PLUS flex space unit in The Heatherstone building. Tucked away on quiet side of building with updated wood floors, appliances & counters. Living room has cozy gas fireplace plus doors to spacious private patio - Perfect for the gardener or BBQ lover. In suite laundry, 1 parking in secure underground and 1 storage locker. Well run, pet friendly building. Steps to Heather Park & Douglas Park. Cambie Village shops, theatre & bike route at your door step!
Read

Please visit our Open House at 3256 FLEMING ST in Vancouver.
Open House on Sunday, April 19, 2015 2:00 pm - 4:00 pm
Outstanding well kept home on a beautiful tree lined street in prime Cedar Cottage neighborhood. Welcoming entry foyer with excellent closets, leads to generous living/dining room with hardwood floors & fireplace. Large kitchen with centre island, adjacent family room & guest bath. With 3 or (optionally) 4 bedrooms & a full bath on the 2nd floor, this home is perfect for the growing family. Master bedroom suite is On the top (3rd) floor with huge walk in closet, full en-suite bath plus great VIEWS from private deck. Enjoy the beautiful mature garden with an entertainment sized back deck. All this plus an amazing, totally private self contained suite - an excellent mortgage helper. Steps to Clark Park, Trout Lake Park & Community Centre PLUS Sky train. Must be seen!
Read

Please visit our Open House at 132 19TH AVE E in Vancouver.
Open House on Saturday, April 25, 2015 2:00 pm - 4:00 pm
Outstanding Heritage style home with 5 bedrooms above the main! Excellent WEST of Main location across from Grimmitt Park. Main floor features a fantastic front porch and an inviting entry foyer. Fir floors throughout, high ceilings with crown moldings. Spacious living & dining area with classic fireplace. A huge family room with 2nd fireplace . Stunning Cooks kitchen with Limestone counters, top of the line 5 Star gas range, Jenn-Air fridge & wine fridge. 2 sinks and a huge butcher block island. Upstairs offers 5 amazing bedrooms on 2 more levels. 2 stunning baths including a spa like master with steam shower. Views to the park & North shore mountains! Downstairs features a media room with surround sound, plus a flex room for hobbies/kids play area. All this plus a full 1 bedroom suite with its own laundry. Over 3800 sq feet. Fantastic family home! Enjoy the urban garden in the front & Entertainment size deck in landscaped back yard + 2 car garage. You will fall in love with this beautiful home!
Read

We have just listed a new property at 132 19TH AVE E in Vancouver.
Outstanding Heritage style home with 5 bedrooms above the main! Excellent WEST of Main location across from Grimmitt Park. Main floor features a fantastic front porch and an inviting entry foyer. Fir floors throughout, high ceilings with crown moldings. Spacious living & dining area with classic fireplace. A huge family room with 2nd fireplace . Stunning Cooks kitchen with Limestone counters, top of the line 5 Star gas range, Jenn-Air fridge & wine fridge. 2 sinks and a huge butcher block island. Upstairs offers 5 amazing bedrooms on 2 more levels. 2 stunning baths including a spa like master with steam shower. Views to the park & North shore mountains! Downstairs features a media room with surround sound, plus a flex room for hobbies/kids play area. All this plus a full 1 bedroom suite with its own laundry. Over 3800 sq feet. Fantastic family home! Enjoy the urban garden in the front & Entertainment size deck in landscaped back yard + 2 car garage. You will fall in love with this beautiful home!
Read

BCREA ECONOMICS NOW

Bank of Canada Interest Rate Announcement - April 15, 2015


The Bank of Canada announced this morning that it is maintaining its target for the overnight rate at 0.75 per cent. In the press release accompanying the decision, the Bank noted that temporary sector-specific factors as well as pass-through effects from a lower Canadian dollar to import-prices is keeping core inflation close to its 2 per cent target in spite of increasing slack in the economy. The Bank now expects the growth impact of low oil prices to be more front-loaded than assumed in January and for growth to rebound beginning in the second quarter with real GDP growth projected at 2.5 per cent on average through the middle of 2016.  Weak first quarter growth will translate to a widening of the Canadian output gap and downward pressure on projected inflation, but the Bank expects a higher rate of growth in the second half will push the economy back onto its previous trajectory, reaching full-capacity around the end of 2016. 

Since unveiling a surprise interest rate cut in January, each successive Bank of Canada announcement has brought heightened anticipation. However, stable oil prices, a low Canadian dollar and firm core inflation mean that the Bank is likely to take a wait and see approach as to the ultimate impact of low oil prices on the Canadian economy. Monetary policy generally operates with a four to six quarter lag, which is why the Bank opted to reduce its target rate in January to cushion the potential impact of low oil prices. Unless the Bank anticipates further shocks to the economy or a deepening impact on growth and employment arising from the oil sector, it may ultimately hold rates constant for the remainder of the year. 


For more information, please contact: 

Cameron Muir Brendon Ogmundson
Chief Economist Economist
Direct: 604.742.2780 Direct: 604.742.2796
Mobile: 778.229.1884 Mobile: 604.505.6793
Email: cmuir@bcrea.bc.ca Email: bogmundson@bcrea.bc.ca


Source: The British Columbia Real Estate Association (BCREA) is the professional association for more than 18,500 REALTORS® in BC, focusing on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients.

Real estate boards, real estate associations and REALTORS® may reprint this content, provided that credit is given to BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.” BCREA makes no guarantees as to the accuracy or completeness of this information.

Read

We have just listed a new property at 108 3278 HEATHER ST in Vancouver.
Terrific 1 bedroom PLUS flex space unit in The Heatherstone building. Tucked away on quiet side of building with updated wood floors, appliances & counters. Living room has cozy gas fireplace plus doors to spacious private patio - Perfect for the gardener or BBQ lover. In suite laundry, 1 parking in secure underground and 1 storage locker. Well run, pet friendly building. Steps to Heather Park & Douglas Park. Cambie Village shops, theatre & bike route at your door step!
Read

We have just listed a new property at 3256 FLEMING ST in Vancouver.
Outstanding well kept home on a beautiful tree lined street in prime Cedar Cottage neighborhood. Welcoming entry foyer with excellent closets, leads to generous living/dining room with hardwood floors & fireplace. Large kitchen with centre island, adjacent family room & guest bath. With 3 or (optionally) 4 bedrooms & a full bath on the 2nd floor, this home is perfect for the growing family. Master bedroom suite is On the top (3rd) floor with huge walk in closet, full en-suite bath plus great VIEWS from private deck. Enjoy the beautiful mature garden with an entertainment sized back deck. All this plus an amazing, totally private self contained suite - an excellent mortgage helper. Steps to Clark Park, Trout Lake Park & Community Centre PLUS Sky train. Must be seen!
Read
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