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GASTOWN LOFT MARKET UPDATE FOR FEBRUARY 2014

HOW WAS THE MARKET IN FEBRUARY '14?

Sales activity is picking up!  There are currently 15 lofts listed for sale in Gastown. There were 4 lofts that sold in February that ranged from $290,000 to $670,000.  Of the lofts that sold they were only on the market for an average 7 days!  

 

There's a great selection of lofts on the market from studios to million+ dollar penthouses.  There are also some great live/ work options in Koret Lofts and also a ground floor loft at the Edge.

 

What does that mean?  The Real Estate market is balanced and active.

 

Curious about the value of your loft go to GastownHomeValues.com

 

Thinking about buying a loft? Please click here. 

 

If don't want to mess about with forms you always call 604.782.7545.

 

P.S.  CMHC [Canadian Mortgage and Housing Corp.] is increasing the premiums on mortgage insurance.  Buyers with less then 20% of the purchase price to put down need this insurance.  But don't worry, the extra cost will only be about $5 per month so you'll still be able to purchase the property you're looking for.  

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.