Copy




Vancouver Real Estate
Anne's Real Estate Update - April 2020
In This Issue:

Sotheby's International Realty Canada

Coronavirus:  2020 Canadian Top-Tier Real Estate Spring Outlook

VIDEO:  Real Estate Board of Greater Vancouver:  COVID-19 Update
A COVID-19 Resource for Clients:  Support for Individuals and Families

VIDEO:  REBGV March 2020 Market Insights


A Personal Note To You 

Dear Friends, 

I hope you are well and healthy.

While keeping the appropriate safety regulations, we are still working. All open houses are cancelled, but we are offering more virtual tours and smart technology marketing, which is a great way to spark the buyer's imagination. We still provide face-to-face showings, taking into considerations all the precautions necessary for the safety of us all.

We are all in this together, from individual communities to the larger global society and hope you and your loved ones stay healthy.

If there is anything I can help you with, please give me a call at 604.787.8601.

We don’t know when it will end or how, but I trust that it WILL end and quite soon.  I believe in science and breakthrough! 

Thank you,
Anne

 

PRE-SALES     Contact me if you are interested in getting into the pre-sale market.     PRE-SALES



Properties for Sale

3530 W 13th Avenue,  Kitsilano,  Vancouver BC
603 - 1330 Harwood Street,  West End,  Vancouver BC



Latest Properties Sold

406 - 523 West King Edward Avenue, Vancouver
1009 - 1618 Quebec street, Vancouver

 

CLICK HERE to view the properties.

 


Anne Mainwaring has achieved
MLS MEDALLION CLUB Status 2018 & 2019


Anne Mainwaring has earned the
Certified Luxury Home Marketing Specialist® designation from
The Institute for Luxury Home Marketing®


Testimonials
Testimonial Letters from Home Buyers & Home Sellers


LIVE Inspired: Sotheby's International Realty Canada
Luxury is an experience, not a price.


My Commitment To You
How I will facilitate your property sales & acquisitions. It can be a great experience!


SnapStats - Metro Vancouver & Greater Vancouver March 2020
The Two New SnapStats Packages


Real Estate Board of Greater Vancouver - March 2020
Home buyers and sellers adjust their activities in March amid challenging circumstances


Previous Issues
CLICK HERE to view previous issues of Anne's Real Estate Update



NOTE: Some links within this document are not supported by Apple IOS and Android operating systems. Please scroll down manually.

Jump To Top of Page

Sotheby's International Realty Canada
Coronavirus: 2020 Canadian Top-Tier Real Estate Spring Outlook*


Despite conditions of extreme uncertainty in public health and the economy due to the unprecedented global coronavirus (COVID-19) health crisis, new top-tier real estate market data reveals that the Greater Toronto Area, Vancouver and Montreal real estate markets are confronting a period of turmoil from a strong foundation.

The latest data compiled by Sotheby’s International Realty Canada reveal that Greater Toronto Area (GTA) residential real estate sales over $1 million more than doubled in the first two months of the year, soaring 107% year-over-year in January and February, while luxury sales over $4 million surged 75% during this time.  Bold gains were experienced across every housing type despite limited inventory, as $1 million-plus condominium, attached home and single family home sales climbed 117%, 52% and 115% respectively.

Luxury condominium and single family home sales also rose significantly: six condominiums sold over $4 million in the first two months of the year compared to one during this period in 2019; while single family home sales over $4 million climbed 71%. Preliminary sales data for the first fifteen days of March also underscored the GTA’s strong foundation, as overall $1 million-plus and $4 million-plus sales increased 94% and 56% respectively.  

[ Continued... ]

CLICK HERE to view the full article.
 

Jump To Top of Page
COVID-19: The latest updates from REBGV
Jump To Top of Page

Sotheby's International Realty Canada
A COVID-19 Resource for Clients:
Government of Canada Support for Individuals and Families


Sotheby’s International Realty Canada has compiled information regarding the support available to support individuals and families to help clients in need of assistance during this time.
 

INCREASING THE CANADA CHILD BENEFIT (“CCB)
The Government of Canada (“Government”) is providing an extra $300 per child through the Canada Child Benefit (CCB) for 2019-20. This will mean approximately $550 more for the average family. This benefit will be delivered as part of the scheduled CCB payment in May. Those who already receive the Canada Child Benefit do not need to re-apply.

 

SPECIAL GOODS AND SERVICES TAX CREDIT PAYMENT
The Government is providing a one-time special payment by early May through the Goods and Services Tax credit for low- and modest-income families. The average additional benefit will be close to $400 for single individuals and close to $600 for couples. There is no need to apply for this payment. If you are eligible, you will get it automatically.


[ Continued... ]

CLICK HERE to view the full article.

Jump To Top of Page
VIDEO:  REBGV March 2020 Market Insights

Jump To Top of Page
New Listings
Kitsilano Elegance
 3530 W 13TH AVENUE, Kitsilano, Vancouver
Listed at: $2,688,000 

THE ESSENCE OF ELEGANCE & LIFESTYLE.
Distinguished custom-built home on a coveted, quiet &
canopied street by Almond Park impresses with its stylish
interior design & dramatic salvaged stone fireplace. 

Click HERE to view the listing
Investment Opportunity
603 1330 Harwood Street, Vancouver, BC
Listed at: $299,000

FIRST-TIME BUYERS or INVESTORS ALERT in the WEST END! 

Click HERE to view the listing
Jump To Top of Page
Recent Sales
SOLD: The Regent at Cambie & King Edward 
406 - 523 West King Edward Avenue, Vancouver
Listed at: $739,000 


Click HERE to view the listing
 
SOLD: SPACIOUS 1 BR PLUS DEN CONDO
1009 - 1618 Quebec Street, Vancouver 
Listed at: $ 799,000 


CLICK HERE  to view the listing
Jump To Top of Page
MLS MEDALLION CLUB MEMBER

Each year the Real Estate Board of Greater Vancouver (REBGV) celebrates the achievements of its top-producing Realtors on the Multiple Listing Service (MLS®) with the Medallion Club Awards.

The Medallion Club represents the top 10 per cent of the more than 14,000 members participating on the MLS® in the region. 

Anne Mainwaring achieved this status for 2018 and 2019.
Jump To Top of Page


Not All Agents Are Equal


The Institute for Luxury Home Marketing® is pleased to announce that Anne Mainwaring has earned the Certified Luxury Home Marketing Specialist® designation after completing extensive training, and having accomplished a proven performance in the upper tier market, she has also received the MILLION DOLLAR GUILD® award from The Institute.

        

As a Certified Luxury Home Marketing Specialist®, Anne utilities her membership in an international network of real estate professionals and superb diligence to get you the results you want. With this added distinction, you can turn to Anne with even more confidence for guidance, advice and quality of service you expect in the upper-tier market.

Whether you are a first time home buyer, experienced investor, deciding to "right size" or relocate to the Metro Vancouver area, count on Anne's expertise in the residential home, condo, town home, ½ duplex or presale markets.
Jump To Top of Page
Testimonials


CLICK HERE for more testimonials.

Spacious West End Condo with Water View

After a very long period of time of no success with a different agency, Anne gave us confidence in all matters concerning the sale of our apartment, particularly in the declining market. She was delightful, frank, helpful, and personable. She applied herself fully to help make the apartment most attractive to buyers, and was able to accent all the positive features of our home. She was savvy in her negotiations when offers were made.

We are so happy about having had such a positive experience with Anne and we will forever be thankful for the work she did. We have already recommended Anne to several people who are interested in selling. 

-- M. DB & A.G. - Vancouver

 



First Time Condo Buyer

When I was finally ready to enter the Vancouver real estate market, I reached out to Anne based on the good experience my previous landlords had with Anne when selling their home.

I knew right from our first meeting that it was the right decision to select Anne to help me through the home-buying process. She listened attentively and made a list of what I was looking for and immediately sent me some listings that same day. At every showing Anne was very prepared and was very honest with her opinion on the units we were viewing. Anne truly cared about me being happy with the condo I would buy both in the short and long term. She would point out if the view would likely be obstructed in the future by a new building or whether noise would likely be an issue based on the proximity to the delivery drop-off area of a grocery store.

She was also very knowledgeable about what developers built quality condo units. She would review the buyer documents carefully and point out any red flags so that I was fully informed before making an offer. When I made offers, she was a very shrewd negotiator. She truly cared about me not paying more than a condo was worth based on the current market conditions. Anne was very responsive whenever I would email or text and made me feel as though I was her only client. Anne's integrity shone through the process and led me to buying a condo I love.

I have never written a testimonial before, but I have no hesitation in recommending Anne to anyone. I am very grateful to have had Anne by my side as I made the biggest financial decision of my lifetime.

-- Maureen M.



CLICK HERE for more testimonials.


As you know, we currently find ourselves in historic and unchartered waters as the coronavirus (COVID-19) situation continues to evolve very quickly in Canada.  The health and safety of Sotheby’s International Realty Canada’s realtors and their clients continue to be our top priorities. Remember that we are all in this together.


Sotheby's International Realty: Luxury is an Experience, Not a Price


We, at Sotheby's International Realty are very proud to have represented the purchase and sales of some of the most luxurious homes in Canada. As a brand, we have represented some of the most luxurious homes in the world.  With that success comes a challenge and the challenge is that some people feel that we only represent homes at the highest end of the value range.  While we are particularly well known for the luxury homes we represent and we also proudly represent homes at a wide range of values.  

For us, luxury is an experience and not a price. Let me give you an example.

When you go to a store like Tiffany's & Co, you receive the exact same customer experience regardless of whether the item you are purchasing is worth a few hundred dollars or tens of thousands of dollars. Each purchase is placed in one of their iconic robin's egg blue box, wrapped with ribbon and placed in one of their signature bag.  It is a memorable experience.  It is an experience that makes you feel good about the purchase. 

For most people, their home is their most prized possession.  It is where a couple may have come together for the first time, its where children were born and raised its where the entire family has worked diligently to convert a house into a home.

We believe every home has a story and that our job is to artfully tell that story using the tools that we have developed working with some of the incredibly iconic properties and some of the most discerning clients.

We believe, that everyone deserves a luxurious experience when they buy or sell a home.  Let us show you how our people can that same creativity and passion to a home just like yours.  After all, we think that you and your home deserve the best. 
GET RESULTS WITH ANNE ON YOUR SIDE

My Commitment To You

In addition to the standard service offered by Realtors®, I will write  a LIFESTYLE STORY, BRAND your house and SHOWCASE it. This includes:
  1. FREE staging services: I will create an ideal environment for future buyers to imagine themselves in this new space and make it very inviting and welcoming.
  2. HIGH-DEFINITION PICTURES: The use of a professional photographer and 20 High-definition pictures to showcase your home.
  3. The creation of a HIGH-END VIDEO of your property, including drone imaging.  Having  Sight , Sound and Motion will allow to transport the consumers into your home.  This will highlight  the lifestyle associated to living in your neighbourhood area and features its benefits. A video tells best the story of your home. 
  4. Thick glossy brochures with high-definition pictures, floor plan and description of your property

For a successful sale, I will leverage my Experience and Expertise in a very competitive market by:
  1. Helping you reach the Local, Asian, American and European markets with language proficiency in English, Mandarin and French.     .
  2. Advertising  in the major local newspapers and send out newsletters and flyers to  promote your property. Putting a sign on your lawn is just the beginning: I spend lots of my costs to “PUSH” your property to get it sold in the fastest time frame. This includes comprehensive social media integration and direct email to the top 1,000 most active local realtors.
  3. Offering “boutique” service, and am committed to personally (no realtor's assistant) showing your house at the Open Houses and each appointment request. 
  4. Negotiating on your behalf to ensure that you receive the highest possible sale price for your home. 
  5. Warranting you to receive full transparency and open communication through the entire process.
  6. Providing a Personal & Courteous service. 

Other ancillary services that I can assist you with include:  
  1. Arranging for owners rent back
  2. Having access to architects/designers/ builders/ trade people (painting, flooring, plumbing and electrical). 
  3. Leveraging my expanded referral network and partners:
    - CPA: Tax strategies and investment planning
    - LAWYERS: Advice and guidance for your investments
    - FINANCING: Creative loan solutions for local and international buyers
Why use Sotheby’s International Realty Canada? 

Sotheby’s offers UNPARALLELED MARKETING REACH AND ADVANTAGES.

Sotheby’s International Realty Canada is currently the most trusted name in real estate bringing instant credibility and recognition with Buyers and Sellers, reaching the most influential group of people in the world. 

Sotheby’s International Realty extends an extraordinary name in real estate and in the luxury world. 
Luxury is in Sotheby’s DNA:  has sold most cherished valuable in the world and is truly a unique global luxury brand.

GLOBAL EXPOSURE on many platforms: sothebysrealty.com and the cascading websites. 
  • In 2017: Sothebyrealty.com reached One Billion views
  • Already in 2016, Sotheby’s engaged 1/7th of the world!
  • Juwai.com. -  All our properties are featured on Juwai (the #1 real estate site in China for a total of 21,414 impressions in 2016 on our company page).
  • Sotheby's offers a powerful network of 20,500 agents and over 1,000 offices in 71 countries worldwide giving access to affluent community of buyers.
Jump To Top of Page
SnapStats
The New SnapStats Packages for Greater Vancouver & Metro Vancouver

The Complete March 2020 Metro & Greater Vancouver Reports:

CLICK HERE for the Metro Vancouver SnapStats Report.

CLICK HERE for the Greater Vancouver SnapStats Report.

 
SnapStats brings simplicity and clarity to complex real estate data and statistics. You’ll know which neighbourhoods are hot, what home types and size are in demand, detailed inventory info, asking and sale prices, average time spent on market, and many more useful details and figures—all broken down in a clear, single page customized with your name and contact information.

SnapStats’ charts, tables and graphs are simple to understand. In minutes, you’ll see market trends, sales to active listing ratio, month-to-month comparisons, and much more. They’re broken down using all sorts of relevant factors—including price range, neighbourhood, bedroom number, and much more. This gives you the amazing ability to pinpoint trends and statistics customized to your personal needs.
 
Jump To Top of Page

  

Home buyers and sellers adjust their activities in March amid challenging circumstances
April 2, 2020

Metro Vancouver’s* housing market saw steady home buyer demand beginning of March and a leveling off of activity as the month went on and concerns about the COVID-19 outbreak intensified. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,524 in March 2020, a 46.1 per cent increase from the 1,727 sales recorded in March 2019, and a 17.4 per cent increase from the 2,150 homes sold in February 2020. 

Last month’s sales were 19.9 per cent below the 10-year March sales average. 

“The first two weeks of the month were the busiest days of the year for our region with heightened demand and multiple offers becoming more common,” Ashley Smith, REBGV president said, “Like other aspects of our lives, this changed as concerns over the COVID-19 situation in our province grew.” 

Daily residential sales on the region’s MLS® were 138 on average in the first ten business days of the month. In the final ten business days of the month, the daily average declined to 93 sales. 

“Many of the sales recorded in March were in process before the provincial government declared a state of emergency. We’ll need more time to pass to fully understand the impact that the pandemic is having on the housing market,” Smith said. 

“In recent weeks, REALTORS® have been working to help and guide their clients through this uncertain period. Many people have understandably chosen to put their home buying or selling plans on hold for now. Other people have more urgent housing needs and we’re trying to work with them to address these needs in the safest and most responsible way possible.” 

There were 4,436 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in March 2020. This represents a 10.4 per cent decrease compared to the 4,949 homes listed in March 2019 and a 10.8 per cent increase compared to February 2020 when 4,002 homes were listed. 

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,606, a 24.8 per cent decrease compared to March 2019 (12,774) and a 4.5 per cent increase compared to February 2020 (9,195).

“Realtors were named among the province’s list of essential services last week,” Smith said. “This means that we have a responsibility to do what we can to help residents meet their housing and shelter needs while strictly following the most up-to-date public health orders and physical distancing requirements from our health officials and government agencies.” 

For all property types, the sales-to-active listings ratio for March 2020 is 26.3 per cent. By property type, the ratio is 21.1 per cent for detached homes, 33 per cent for townhomes, and 28.9 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. 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,033,700. This represents a 2.1 per cent increase over March 2019, and a 1.3 per cent increase compared to February 2020. 

Sales of detached homes in March 2020 reached 852, a 61.1 per cent increase from the 529 detached sales recorded in March 2019. The benchmark price for detached properties is $1,450,700. This represents a 0.7 per cent increase from March 2019, and a 1.2 per cent increase compared to February 2020. 

Sales of apartment homes reached 1,179 in March 2020, a 35.1 per cent increase compared to the 873 sales in March 2019. The benchmark price of an apartment property is $687,000. This represents a 2.9 per cent increase from March 2019, and a 1.4 per cent increase compared to February 2020.

Attached home sales in March 2020 totalled 493, a 51.7 per cent increase compared to the 325 sales in March 2019. The benchmark price of an attached unit is $791,800. This represents a 2.5 per cent increase from March 2019, and a 0.9 per cent increase compared to February 2020.


CLICK HERE to view the complete REBGV stats package.
Newsletter Archives
Here are some past issues of Anne's Real Estate Update:


Anne's Real Estate Update - February 2020
Anne's Real Estate Update - November 2019
Anne's Real Estate Update - August 2019
Anne's Real Estate Update - June 2019
Anne's Real Estate Update - May 2019
Anne's Real Estate Update - February 2019
Anne's Real Estate Update - December 2018
Anne's Real Estate Update - October 2018
Anne's Real Estate Update - August 2018
Anne's Real Estate Update - June 2018
Anne's Real Estate Update - March 2018
Anne's Real Estate Update - January 2018
Anne's Real Estate Update - Happy New Year 2018!
Anne's Real Estate Update - November 2017
Anne's Real Estate Update - October 2017
Anne's Real Estate Update - September 2017
Anne's Real Estate Update - August 2017
Anne's Real Estate Update - July 2017
Anne's Real Estate Update - June 2017
Anne's Real Estate Update - May 2017
Anne's Real Estate Update - April 2017
Anne's Real Estate Update - March 2017
Anne's Real Estate Update - February 2017
Anne's Real Estate Update - January 2017
Anne's Real Estate Update - November 2016
Anne's Real Estate Update - October 2016
Anne's Real Estate Update - August 2016
Anne's Real Estate Update - July 2016
Anne's Real Estate Update - June 2016
Anne's Real Estate Update - April 2016
Anne's Real Estate Update - February 2016
Email Email
Website Website
Facebook Facebook
LinkedIn LinkedIn
Copyright © 2020 Anne Mainwaring REALTOR, All rights reserved.


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list






This email was sent to <<Email Address>>
why did I get this?    unsubscribe from this list    update subscription preferences
Anne Mainwaring REALTOR · 5660 Yew Street · Vancouver, BC V6M 3Y3 · Canada

Email Marketing Powered by Mailchimp