Classic European inspired executive home on 1 acre stand alone lot offering privacy & peaceful environment not far from the bustle of city life. Situated on a gently sloping lot on the prestigious Uplands Drive that offers many benefits including sweeping mountainside views, private forest pathways, low outdoor maintenance & with French doors leading to huge outdoor decks for entertaining you will not know there are neighbors nearby. Encompassing features like indoor & inground sprinklers, aircon & heat pump, large master suite with walk in closet & cozy fire, custom fitted window blinds, elegant moldings, beautiful wooden floors & walk out basement with 9ft ceiling, private balcony 2 bdrms & oversized rec room pre plumbed/wired for kitchen installation/suite potential.

https://www.dropbox.com/s/rgbw4ba46fzhh8c/1065%20Uplands%20Dr%2C%20Anmore.mp4?dl=0

This fantastic property will allow, when completed, 3 RS-8 lots on cul-de-sac street. Spectacular location and opportunity. All costs for subdividing to be paid by the buyer. Please do not walk on property.

http://www.listings.360hometours.ca/15764

Welcome to River Rock Landing. Fabulous 2 bdrm & den condo is move in ready. The living room has a gas fireplace & sliders that lead to the a private deck. Dining room for entertaining. The kitchen cabinets have been freshly painted white & bright. New stainless-steel appliances. Stone counter tops & tiled back splash. New laminate flooring in most areas & new carpet in bedrooms. The 2 bathrooms have been updated in recent years as well as the washer & dryer. Principal bedroom has a large walk-in closet plus sliders that also lead to the private deck. The second bedroom would make a great home office. Great prime location with parks, shopping, transit, the new Poco Rec Centre & a wide array of restaurants & pubs, minutes away by foot, bike or car.

http://www.listings.360hometours.ca/15765

Welcome to Windsor Gardens, a unique boutique condo building with only 12 units. This cute 1 bedroom & 1 bath garden condo on the 1st floor with a large, fenced yard. The garden area with its patio is one of the best features of this condo. Private side entrance or front entrance. Living room & dining room have wood floors & large windows. Gas fireplace. White kitchen & appliances. Cute bedroom. 4 piece bathroom. In suite storage & in suite laundry. Enjoy sitting on the patio or if you like to garden this is the place for you. Minutes away from the VCC-Clark Skytrain Station & across the street is China Creek Park North. Rentals allowed, so this condo makes a great investment property. Quick completion possible. Don’t miss your chance to own a great condo in a fabulous location.

http://share.jumptools.com/studioSlideshow.do?collateralId=226068&t=2918&b=1

Summer sees home listing supply decline across Metro Vancouver

While home buyers have remained active in Metro Vancouver throughout the summer, the supply of homes for sale has declined steadily since June.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.

Last month’s sales were 20.4 per cent above the 10-year August sales average.

“August was busier than expected, and listings activity isn’t keeping up with the pace of demand. This is leaving the market under supplied.” said Keith Stewart, REBGV economist. 

There were 4,032 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2021. This represents a 30.6 per cent decrease compared to the 5,813 homes listed in August 2020 and a 7.9 per cent decrease compared to July 2021 when 4,377 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,005, a 29.7 per cent decrease compared to August 2020 (12,803) and an 8.6 per cent decrease compared to July 2021 (9,850).

“Housing supply is the biggest factor impacting the market right now. To help relieve pressure on prices and improve peoples’ home buying options, the market needs a more abundant supply of homes for sale.” Stewart said. “Housing affordability has been a key issue in the federal election. We encourage the political parties to focus on policy solutions that will help streamline the creation of more diverse housing options for hopeful home buyers today and into the future.” 

For all property types, the sales-to-active listings ratio for August 2021 is 35 per cent. By property type, the ratio is 25.3 per cent for detached homes, 51.8 per cent for townhomes, and 39.2 per cent for apartments. 

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“When assessing the market, it’s important to understand that while year-over-year price increases have reached double digits, most of the increases happened three or more months ago,” Stewart said. “To better understand the latest home price trends in your preferred location and home type, talk with your local REALTOR®.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,176,600. This represents a 13.2 per cent increase over August 2020 and a 0.1 per cent increase compared to July 2021.

Sales of detached homes in August 2021 reached 945, a 13.7 per cent decrease from the 1,095 detached sales recorded in August 2020. The benchmark price for a detached home is $1,807,100. This represents a 20.4 per cent increase from August 2020 and a 0.3 per cent increase compared to July 2021.

Sales of apartment homes reached 1,631 in August 2021, a 22.4 per cent increase compared to the 1,332 sales in August 2020. The benchmark price of an apartment property is $735,100. This represents a 7.6 per cent increase from August 2020 and a 0.2 per cent decrease compared to July 2021.

Attached home sales in August 2021 totalled 576, a 7.1 per cent decrease compared to the 620 sales in August 2020. The benchmark price of an attached home is $952,600. This represents a 16.5 per cent increase from August 2020 and a 0.3 per cent increase compared to July 2021.

Download the August 2021 stats package.