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On September 28th and 29th, 2:00 - 4:00 PM we will be hosting an Open House at Pariz on Dunbar at 3611 W 18th Ave unit #307 in the Dunbar VW neighborhood, Vancouver. This is an opportunity to visit this excellent 2 Bedroom and 2 Bathroom Condo for sale in beautiful Dunbar VW, conveniently located near the UBC campus.

 

Please do not hesitate to give me a call at if I can answer any questions before the open house, or if you would like to book a private showing.

 

Len Diaz
Royal Pacific Realty

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For August 2013, a total of 26 units of strata homes, i.e. condos and townhomes, were sold in UBC.  This is an increase from the 20 units that sold in July.

 

Of the 26 units that sold last month, 5 were 1-bedroom homes, 16 were 2-bedroom homes, and 5 units were 3-or-more bedroom homes.

 

For a free private consultation to sell your home, please call me, Len Diaz, at 604-551-1323.

 

Sold units does not include single detached homes, pre-sale, under construction, and private (FSBO) sales.  All figures are taken from MLS.

 

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Improved confidence in the global economy renews focus on growth in real estate sector

Eighty-five percent of real estate industry executives say the global economy is improving or stable, and Canada is poised to benefit from that optimistic outlook, according to EY's Global Capital Confidence Barometer: Real Estate, Hospitality and Construction.

Emerging markets, including India, China, Qatar and Chile, led the pack of countries poised for real estate investment in the next 12 months, with Canada following closely in fifth.

“Confidence is returning to the sector as credit availability and strong industry fundamentals create a more stable foundation for deal-making," says Krista Blaikie, EY’s National Real Estate leader. “Companies that were focused on maintaining stability and operational efficiency are now shifting gears and looking ahead at new investment opportunities.”

Overall, respondents’ optimism is up considerably from 53% one year ago.

“Investors are looking beyond the developed world — with the exception of Canada — and focusing their investment strategies in emerging markets with immense growth potential,” says Blaikie. “Canada, on the other hand, continues to attract the attention of investors searching for a stable political and economic environment not found in the Eurozone.”

Those ready to transact in the year ahead are focused on smaller deals, with 64% of companies expecting the majority of deals to fall between US$51m and US$500m.

“Making the most of transaction opportunities, whether small or large, depends on a thorough understanding of the local market, regulatory environment and culture. Those that perform thorough due diligence and select the right partners will be best positioned for sustainable growth,” says Blaikie.

 

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

 

EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.


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The Wall Group is set to build a 22-storey highrise condominium building and

townhouses on Binning Avenue (Lot 6)  in UBC's Wesbrook Place, across from

the Pacific Spirit Park. Designed by IBI/HB Architects, the planned development

will aim for REAP Gold sustainability designation.  And according to their

website prices will start at $499,900.




The Sales Centre will be located at 5898 Gray Avenue UBC (Corner of

Wesbrook Mall & Gray Avenue, the former YU Modern Presentation Centre)

 

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