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In the early 20th century, North Vancouver began to transform from a primarily industrial and commercial area to a more residential community. The opening of the Lion's Gate Bridge in 1938 made it easier for people to travel to and from the North Shore, and this helped to spur further growth and development.

In recent years, North Vancouver has continued to evolve as a community. The population has grown, and the economy has diversified. The area is known for its natural beauty and outdoor recreational opportunities, and has become a popular destination for tourists and residents alike. The city also has a growing number of housing developments, office buildings, and retail centres.

Overall, North Vancouver has undergone significant changes over…

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Burnaby, British Columbia is located just east of the city of Vancouver. It is known for its diverse population and abundance of exceptional green spaces, with many parks and recreational areas scattered throughout the city. 

One of the biggest attractions in Burnaby is the Burnaby Mountain Conservation Area, which feature hiking trails, biking trails, a golf course, and stunning views of the surrounding north shore mountains and Pacific Ocean. The city is also home to a number of shopping centres, including the famous Metropolis at Metrotown, the largest shopping mall in British Columbia. Grouse Mountain ski resort is also only a 20-minute drive from Burnaby across the second narrows bridge to the north shore. 

Living in Burnaby is…

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We just finished uploading this beautiful new condo in North Vancouver, BC. 

# 303 719 W 3rd Street, North Vancouver

For questions, please contact Kerri Demski 604-971-1967 or Robert Fyfe 604-621-2010 

About Kerri Demski & Robert Fyfe 

North Vancouver-based Kerri Demski and Robert Fyfe of RE/MAX crest work together to provide the absolute best service for their clients. Whether buying a condo in North Vancouver or selling your home in the West Vancouver, Robert and Kerri will put your needs first to make your transaction successful. If you're considering selling a home in North Vancouver and are looking for a team of top REALTORS® please give our team a call. 

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Simplified, what does the new budget mean for our real estate market?

It is important to note that the First Time Home Buyer PTT exemption for RESALE properties remains unchanged and capped at 475K (sliding scale to 500k).

Property Transfer Tax (PTT)

• a New Housing exemption will apply to newly built homes or newly subdivided units priced up to $750,000, saving buyers up to $13,000; and

• a partial exemption will apply on newly built homes priced $750,000 to $800,000.

• a new 3% PTT rate will apply to the portion of a home sale that exceeds $2 million. For homes that sell for below $2 million, the PTT will continue to apply at a rate of 1% on the first $200,000 and 2% on the balance.

These changes take effect today February 17, 2016. A…

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Decade low inventory levels across all property types ignites an aggressive real estate market in Vancouver. Whether you're looking for a detached home, townhouse or a condo, chances are you'll find yourself in multiple offers so be prepared.

After a record setting 2015 where home sales were the highest in REBGV history, we're headed for a strong 2016. January sales are up by almost 32% compared to January 2015 and new listing inventory is down by 6%.

“Fundamental economics are driving today’s market. Home buyer demand is at near record heights and home seller supply is as low as we’ve seen in many years,” Darcy McLeod, REBGV president said.

If you’re contemplating a purchase this spring/summer it might be a good idea to start looking now to…

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Wow... the highest number of detached sales in North Vancouver for February since 2002. Yep, I said 2002. There were 124 detached sales in February 2015 compared to 94 in 2014 and 137 in 2002. The least number was 46 in 2009. Coupled with low inventory, relative to the level of demand, multiple offers are commonplace in both North and West Van for detached homes, now trickling into the townhouse and condo markets as well.

However, not EVERYTHING is selling for higher than the asking price. The detached market saw 57 out of 124 homes selling at or over list price (from 3k to 160k); townhouses 25 out of 53; and apartment condos saw 31 out of 94. 

“It’s an active and competitive marketplace today. Buyers are motivated and homes that are priced…

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Multiple offers are back in play as the North Vancouver real estate market experiences low detached inventory. There were 134 sales in March, which is up by about 19% over the previous year while listings are down by 21%. Due to the shift in supply and demand, 41 of those properties sold for asking price or, more commonly, over asking price. The busiest neighbourhoods being Lynn Valley with 8 and Blueridge with 5. Canyon Heights, Forest Hills, Central Lonsdale and Westlynn were also popular.

The West Vancouver market had a very different experience where only 9 of 62 detached sales resulted in multiple offers however, prices continue to rebound and are up by 6.8% over last year and 1.7% over last month. While condos prices are down by -1.6% over last…

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