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The definition of the term "Housing Bubble" in regards to Vancouver Condos

April 5th, 2017
If you Google the the definition of Housing Bubble this is what you will find.A housing bubble is a run-up in housing prices fueled by demand, speculation and exuberance. ... Speculators enter the market, further driving demand. At some point, demand decreases or stagnates at the same time supply increases, resulting in a sharp drop in prices — and the bubble bursts.In the case of Vancouver c ...
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Posted in Ian Watt - Vancouver Real Estate Video Blog by Ian Watt - Condos & Penthouses

A One Bed Condo in Yaletown that Came Up for Sale Last Week That I Love

April 5th, 2017
A One Bed Condo in Yaletown that Came Up for Sale Last Week That I Love   A One Bed Yaletown Condo that Came Up for Sale Last Week That I Love Was 918 Cooperage Way Vancouver BC that came on the market for $885,000.    The south-west facing floor to ceiling windows offer plenty of bright, natural light with partial water views, perfectly enjoyed from the spacious open concept kitche ...
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WTF? Downtown Vancouver Condos Increase 40% in 2 Years ?

April 4th, 2017
  Ian Watt video blogs about the average sale price of a Downtown Vancouver condo in March 2015 was $502,000, in March 2016 it was $648,000 and in March 2017 it was $720,000. If this crazy market continues at 20% per year that would make that March 2018 $861,000 and $1,030,000 in March 2019. This is not sustainable so how will increase the Vancouver prices stop? Plateau? Correction? Or Cra ...

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Posted in Ian Watt - Vancouver Real Estate Video Blog by Ian Watt - Condos & Penthouses

The Cheapest Yaletown Condo for Sale Last Week April 2017

April 4th, 2017
The Cheapest Yaletown Condo for Sale Last Week April 2017 The least expensive Yaletown condo to come on the market last week was a 1 bedroom condo for $518,000 at 977 Mainland Street Vancouver BC.  Welcome home to Yaletown Park! This North facing corner unit overlooks a quiet, manicured courtyard and has a functional layout featuring stainless steel appliances, polished stone ...
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Yaletown Open House!

April 4th, 2017
We are proud to announce that this Apr 8th, 2:00 PM to 4:00 PM we will be hosting an Open House at 8 Smithe Mews in The Flagship in the Yaletown neighborhood, Vancouver. This is an opportunity to visit this excellent * Sub Penthouse * 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 * Sub Penthouse * for s ...

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Posted in Listings

Downtown Open House!

April 4th, 2017
We are proud to announce that this Apr 8th, 12:00 PM to 12:30 PM we will be hosting an Open House at 161 West Georgia St in Cosmo in the Downtown neighborhood, Vancouver. This is an opportunity to visit this excellent Downtown Studio for sale in beautiful Downtown.Please come with any questions you may have. In the meantime you can take a virtual tour of this Downtown Downtown Studio for sale ...

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Posted in Listings

The Most Expensive Yaletown Condo for Sale Last Week April 2017

April 3rd, 2017
The Most Expensive Yaletown Condo for Sale Last Week April 2017   The most expensive Yaletown condo to come on the market last week was a 2 bedroom condo for $2,788,000 at 1280 Richards Street Vancouver BC.   Exceptional terrace residence @ THE GRACE. This expansive one level interior provides 1826 sf plus a private outdoor oasis measuring 545 sf. With abundance of light this S ...
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Vancouver Condo Days on the Market For Active Units Not Sold

April 3rd, 2017
Ian Watt video blogs about how many people are talking about the average days on the market in 12 days in Downtown Vancouver. However, this is for units sold in Downtown, Yaletown, the West End and Coal Harbour but for active units that haven’t sold the average days on the market is 53 days. Ian Watt: Hi good afternoon it’s Ian Watt in Downtown Vancouver. Please keep in mind when you see ...

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Posted in Ian Watt - Vancouver Real Estate Video Blog by Ian Watt - Condos & Penthouses

Last Week's Yaletown Condos for Sale for April 2017 by Ian Watt

April 2nd, 2017
Last Week's Yaletown Condos for Sale for April 2017 by Ian WattIn Yaletown the luxury community of Downtown Vancouver, there were 24 new condo listings for sale last week. The price ranged from $518,000 for a 522 square foot 1 bedroom to $2,399,000 for a 1292 square foot 2 bedroom condo. For more information on the Yaletown luxury condo market please visit www.Vancouver-Penthouse.com or conta ...
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