Real Estate Board of Greater Vancouver (REBGV) reports that last month's residential property sales decreased 6.6% compared to May 2016 sales.  

REBGV's President said, "Since March, we've seen more homes listed for sale in our market than in any other four-month period this decade."

For more in-depth information on May's market, please click:

Greater Vancouver:  REBGV June 2016 Stats Package

Fraser Valley:  FVREB June 2016 Stats Package

NEW LISTING! Please like (for 1 ballot) and share (for an additional 2 ballots) for a chance to win 1 of 2, $50 dollar gift cards to White Spot, Earls, Boston Pizza, The Keg, Boathouse, Hy's Steakhouse or The Glowbal Group! All participants ballots will be thrown into a draw and picked randomly by our lovely office staff! 

Please add me on Facebook or follow me for upcoming contests and promotions!  For more chances to win, please like for one ballot or two for every retweet on Instagram and Twitter: 

Facebook:   sterlingwongrealty 

Instagram:  sterlingwongrealty 

Twitter:  sterlingnwong 

Super excited for my client, who is a first-time home buyer, and he was able to purchase a condo in Kitsilano!  We submitted a competitive offer and we beat several parties.  This is a great property in an established neighbourhood and everything is within walking distance.  Congratulations, S.T.!  :)

SOLD last week and got my clients a record breaking price per sqft in the building! Congrats to my sellers L, M & P and you were a delight to work with! 

Thank you everyone for following, liking and sharing our social media posts! Here are the lucky winners to 1 of 4 $25 gift cards to Amazon, Starbucks, or Tim Hortons: 
@shannoncont - Twitter retweet
@vancitydrinks - Instagram like
@ashleyyclee - Instagram like
@nursechinny - Instagram like

Thanks again and please stay tuned for our next giveaway!

A major Chinese bank has obtained a court order in B.C. freezing the assets of a businessman accused of fleeing China and buying "luxury" Lower Mainland homes after defaulting on a $10 million loan.

In an application brought before a B.C. Supreme Court judge last week, lawyers for China CITIC Bank claim Shibiao Yan and his wife bought more than $8 million worth of properties in Surrey and Vancouver over a three-month period beginning in June 2014.

Read More

Vancouver’s Mayor says the city is forging ahead with taxing empty homes, with or without the province’s support.  Gregor Robertson says the punitive tax would boost rental supply at a time when there’s almost no vacancy and a crunch on affordability.  He says the first and preferred option is for the provincial government to create a new “residential vacant” property class through BC Assessment.

Read More

Views! Come visit me at my open house with unobstructed views!

WHERE:  #1202-289 Drake Street, Vancouver, BC 
WHEN:  Sat & Sun, June 18 & 19 from 2-4PM
WHAT:  2 Bed + Den, 2 Bath, 1,223 sqft
LIST PRICE:  $1,068,000
MLS #:  R2079482

Welcome to Concord Pacific's Parkview Towers in Yaletown. Rarely available 02 floor plan (1,223 sqft) provides unobstructed, spectacular views of David Lam Park in both bedrooms, den, living room, & dining room. Located across from David Lam Park, one block from a Canada Line Station, walking distance to schools, & only steps from all that Yaletown has to offer! Large master bedroom with California closets. Kitchen includes newer appliances, granite countertops & a large pantry for storage. Oversized underground storage locker & parking included. Rainscreen and new windows updated in 2007 with some remaining warranty left. No pets allowed, but rentals allowed on a 3-month minimum term.

More than 90 per cent of all detached homes in Vancouver are now worth more than $1 million, up from just 19 per cent a decade ago, a new study by a local urban planner has found, showing how rapidly housing prices have escalated in the Canadian city.

The biggest jump came in the last two years, with the proportion of million-dollar homes in the city climbing to 91 per cent in 2016 from just 59 per cent in 2014, according to the study by Andy Yan, acting director of Simon Fraser University's City Program.

Read More

Most Vancouverites are likely aware that a single-family house for less than $1 million is about as scarce as a unicorn.

Read More

Kitchen and dining room in 1-bedroom and 2-bedroom units at Hillside West at CONCORD BRENTWOOD (new Yaletown in North Burnaby).  The colour scheme is sunrise chiffon.

Kitchen in 3-bedroom units at Hillside West at CONCORD BRENTWOOD (new Yaletown in North Burnaby).  The colour scheme is evening silk.

Please message me if you're interested in this development as I have VIP Access.

The next giveaway is here! This time we're offering FOUR, $25 gift cards to Amazon!  Please like for one ballot, two for a share! Winners will be drawn on April 29, 2016. 

Please add me on Facebook or follow me for upcoming contests and promotions!  For more chances to win, please like for one ballot or two for every retweet on instagram and twitter: 

Facebook:  sterlingwongrealty 

Instagram: sterlingwongrealty 

Twitter: sterlingnwong 

NAVÍO at The Creek is one of Vancouver’s most desirable neighbourhoods.  Overlooking a 2.7-acre park and Seawall in Southeast False Creek, these two buildings offer 177 homes – including the largest selection of Parkside Homes over 900 ft² and 18 townhomes. 

NAVÍO premium homes offer urban refinement and room to breathe. To accommodate the full spectrum of life’s occasions, the large, open floorplans make brilliant use of space. The colour palette and rich natural materials are inspired by the waterfront and park setting. Large windows bathe your rooms in sunlight and air-conditioning enhances your comfort. Celebrate outdoor living all year round with generous balconies, terraces and patios sized for entertaining.

Link to the website:  NAVÍO at The Creek

A sophisticated collection of 26 Westside townhomes coming soon. This new community will include 3 bedroom townhomes located along Granville Street, between West 58TH and West 59TH Avenue. Set in an established Westside neighbourhood, this addition to the Intracorp Townhome Collection.

Inside, the meticulous attention to detail continues. The kitchen with its fully integrated paneled Bosch appliances, stone countertops, real wood veneered cabinets, and built-in custom credenza or pantry millwork has an understated sophistication.  Living spaces with room for full-sized furniture. Private direct access to your home from the underground parking. Oversized and voluminous storage.  Attractive roller blinds on windows and French doors.  Plus, a Unico heating and cooling system to help maintain the perfect temperature in your home year-round.  Enjoy the latest in smart home technology with an integrated automation system by La Scala.  A Nest WiFi thermostat, wireless lighting control and prewiring for motorized shades.

Located on Granville Street between West 58th and 59th Avenue in Vancouver 

Link to the website:  7430 - 7488 Granville

Calla, the latest innovative development from Townline, offers a rare opportunity to live in a mid-rise concrete condominium located beside a 12-acre natural park in convenient South Richmond.

Along with the abundance of natural beauty, Calla is perfectly situated in a unique master-planned urban village known as The Gardens. This self-contained community features walkable tree-lined streets, a robust community garden, and a bounty of quality shops and services, including a Loblaws City Market located just steps from your door. Calla offers luxurious indoor and outdoor living with air conditioning, spacious balconies and sweeping picturesque views overlooking the park.

Life at Calla includes access to The Gardens Club, a 6,000-square-foot amenity complex with an indoor gymnasium for sports enthusiasts, a fitness centre with state-of-the-art equipment, and a conference room for meetings and social events. Clearly, Townline saved the best for last with Calla at The Gardens.

Link to the website:  Calla at The Gardens

Real Estate Board of Greater Vancouver (REBGV) reports that last month's residential property sales decreased 0.3% compared to April sales.  

REBGV's President said, "Home sellers are becoming more active in recent months, although that activity is being outpaced by home buyer demand today.  Economic and job growth in Metro Vancouver is out performing most regions in the country.  This is helping to underpin today's activity."

For more in-depth information on May's market, please click:

Greater Vancouver:  REBGV May 2016 Stats Package

Fraser Valley:  FVREB May 2016 Stats Package

21 modern and spacious townhomes at the Hanna - Mount Pleasant's most vibrant and eclectic neighborhood.  Stylish interiors and well designed 1, 2 and 3 bedroom homes with full size stainless steel appliances and premium engineered hardwood floors throughout.  Carpet in bedrooms.  Gas cooktop, quartz countertops, large soaker tubs, underground secured gated parking.  2-5-10 Guarantee Home Warranty.  Two designer colour scheme to choose from by Trent Interiors. 

Located on East 16th Avenue between St. George Street and Caroilne Street in Vancouver

Link to the website:  Hanna Townhomes

Being home at Frances means you always feel like there’s space to be where you are and go where you’re going. The high ceilings and open concept units give you a deep-breath experience of space and light. Built-in appliances with wood panelling lets your full-size fridge and stove blend in seamlessly with the minimalist oak cabinetry. The contemporary design palette is made up of more than colours; its recipe includes clean lines and cool tones, warm wood, sleek bronze lacquered cabinetry, polished Caesarstone quartz countertops, and relaxing bathrooms with deep soaker bathtubs and mosaic ceramic tiling that all come together with intelligence and intention.

Frances’ interiors envision what a family home looks like now: with generous countertop space, storage space, Italian-inspired kitchens, matte-finish hardwood floors, and 100% wool carpets, it is clear that family life can prioritize both quality of materials and quality of life.

Located on Frances Street and Victoria Drive in Vancouver

Link to the website:  Frances Townhomes

SOLD over asking price 11 days ago!!!  Congrats J and M!  

We would like to announce the winners to our most recent gift card giveaway! All contestants were put into a random draw and hand picked by my fantastic assistant!

Winners:

Jenny Lee (Facebook Like)

Colin Ng (Facebook Like)

Congratulations to the winners! Please follow me on Facebook, Twitter, Instagram for more info on our current Metro Vancouver market and please stay tuned on our next giveaway. Cheers!

Cardero by Bosa Properties is a cornerstone connecting the downtown core, Coal Harbour's seawall, and Stanley Park.

This 26-storey mixed used building will offer 119 residential units, ranging from studios to 3 bedrooms, on top of a 4-storey podium (retail on the street level and 45,346 ft² of office space on levels two to four) with over 7 levels of underground parking totaling 201 stalls.  This boutique collection of luxury residences raises the bar for architecture and innovative design in Vancouver.

Sales will start this summer and estimated completion near the end of 2019.

Link to the website:  Cardero

17 classic heritage-inspired courtyard townhomes, Maisonette is inspired by the distinctive private residences popular in nineteenth century France. These spacious 2 and 3 storey luxury townhomes are a tribute to sophisticated, boutique elegance. Gated and surrounding a lovely central courtyard, Maisonette ensures a sense of privacy and peaceful seclusion. While shaded walkways and surrounding tree-lined streets offer an exclusive sanctuary extending to the neighbourhood’s abundant urban amenities.

Featuring contemporary, European-style interiors with private balconies and a selection of thoughtful floor plans, Maisonette combines old world charm with the finest in modern craftsmanship. Each home is an individual expression of luxurious style and sophistication.

Located on Granville Street between West 57th and 58th Avenue in Vancouver

Link to the website:  Maisonette Townhomes

A couple of ducks waiting for my open house in downtown today. I'll be there on Sunday as well (2-4pm) if you're in the area! 

FANTASTIC CITY VIEWS! Welcome to Spectrum III! This open concept 956 sq ft floor plan features 2 large bedrooms and 2 full bathrooms plus den. Modern kitchen with stainless steel appliances and granite counter tops opens up to living and dining area with floor-to-ceiling windows boasting natural light and city views. Great amenities including gym, indoor pool, sauna, steam room, and party room. Steps away from Stadium Skytrain, Rogers Arena, BC Place, Costco, and much more!

 

Do you need your car washed?  Please head on over to our parking lot at 3195 Oak St today (4pm onwards) and I'll be there to serve you! All donations will go to the victims affected by the Fort McMurray fire. We accept cash, Visa, and Mastercard donations. See you guys there!

Here is the map:  Oakwyn Realty Ltd

Shout out to Wesgroup for throwing a fantastic event today and I met Jeff Lewis!!!

With the Oakwyn team for dinner tonight at Black Rice Izakaya. The spicy Salmon Aburi, Unagi Sockeye and Ika ebi hako is fantastic!

Concord Pacific’s newest master-planned community, Concord Brentwood, will feature 10 residential towers anchored by 13 acres of green and park space.  This visionary community will also include new school on site and the future Village Central at Concord Brentwood, offering residence the convenience of a brand new grocery store, park side cafes and restaurants plus access to endless amenities.

Urban convenience, 360 access, and 5 minutes walk to Brentwood Mall, which is currently experiencing the neighbourhood’s most exciting revitalization and transformation, everything you need is within reach.

A new master planned concept by award-winning architect, James K. M. Cheng.

Launching soon!  Please contact me for more information and VIP Access!

Finally, an end to shadow flipping. As of May 16, 2016, all offers to purchase real estate must include a clause of assignment with sellers approval and in the event the home is sold to another party, all proceeds will go to the original seller.

 Here is the full article:  Province addresses shadow flipping in real estate

This New Yaletown condo tower will be located at 1111 Richards Street (and intersection of Helmcken Street), which is next to Emery Barnes Park.  

Brenhill Development will be buliding a 36-storey mixed use tower with 448 residential units - 110 market rental and 338 market condos.  There will be mix of Jr. 1 up to 3-bedroom units.  GBL Architects drew inspiration for the conceptual design from the surrounding areas:  Emery Barnes Park, grid of the nearby streets, and the Yaletown skyline of various architectural styles.  There will also be a private Montessori pre-school and kindergarten in the building on the first two floors.  

Launching soon!  Please contact me for floorplans and pricing!

Real Estate Board of Greater Vancouver (REBGV) reports that last month's residential property sales decreased 7.6% compared to March sales.  

REBGV's President said, "Home buyer competition remains intense across the region.  Whether you're a home buyer or seller, it's important to work with your local realtor to get the information you need and to develop a strategy that will help you navigate today's market."

For more in-depth information on April's market, please click:

Greater Vancouver:  REBGV April 2016 Stats Package

Fraser Valley:  FVREB April 2016 Stats Package

Hi guys!

We would like to announce the winners of our most recent giveaway! All contestants were put into a random draw and hand picked by my fantastic assistant!

The four winners of the $25 Amazon gift cards are:

Jeremy liao ( facebook share)

@bchomeinspector Paul Friesen (for a facebook like)

@carmendpang (for a facebook like)

@nursechinny (for liking on twitter).

Congrats to all the winners! Please add or follow me on facebook, Instagram and Twitter for info on our current Metro Vancouver market and please stay tuned for our next giveaway. Thanks everyone for tuning in!

The Regent will be located at 523 West King Edward Avenue featuring 66 units in a low-rise concrete building.

Interiors will be lavishly appointed with German Miele kitchen appliances, Armony Cucine Italian cabinets, 9' ceilings, air conditioning, private rooftop balconies for penthouse units, and remarkable ground oriented town-homes. The building will promote sustainable practices that are environmentally responsible by aspiring for LEED Gold certification.

The Regent has the most accessible address in the Cambie Corridor when it comes to accessing the King Edward Canada Line station for a convenient ten-minute ride to downtown Vancouver or to Richmond. Travel to UBC in under thirty minutes by bus, or in about twenty by car. As an added transit option, homeowners will have a free membership to Modo’s onsite car share program, and will have access to a docking station as part of Vancouver’s upcoming Public Bike Share System. All of this will help make life at the Regent even more convenient.

Launching soon!  Please contact me for floorplans and pricing!

The Grayson will be a new condo and townhouse development located on Cambie Street and West 26th Avenue.  The concrete building will be 6 stories high with 58 units featuring:  1 bed, 1 bed + flex, 2 beds, 2 beds + flex, 3 beds, 3 beds + flex, and townhomes.

Walk to grocery markets, great restaurants, trendy cafes and one-of-a-kind boutiques. Enjoy close proximity to the acclaimed Hillcrest Community Centre. Shop the world at Oakridge Centre or hop on the Canada Line to go downtown, or to Richmond and Vancouver International Airport. The central convenience is unparalleled.

I have the floorplans and pricing.  Additionally, I could help you book private previews and choose a unit(s) before the public launch.

The buffet group is up and running again! May 21st will be our next event. I hope you guys can make it!

Please click on the link below to join my Facebook group: 

Metro Vancouver Buffet Group

A home of distinction, Camellia encompasses 56 luxurious condominiums in an architecturally unique six-storey building along with six spacious townhomes separated by a private, beautifully landscaped courtyard. Solid concrete construction, highly insulated walls, expansive rooftop terraces, and the innovative design - an elegant contrast of white and dark manganese-coloured brick wrapped around the building - exemplify quality and prestige.

Walk up the street and hop on the Canada Line at Langara-49th Avenue and head northbound to downtown and explore the best fine dining and luxury shopping establishments Vancouver has to offer. Step across the platform and head southbound to Richmond and YVR International Airport to experience a wealth of cultural and culinary activities. 

This project will launch in June!  Please contact me for floorplans and pricing.

Yesterday's Pancake fail... and I had help lol. Grandma's pancakes kicked my butt.

Hello everyone!

Last chance to preview and make grid selections at 12-5pm Saturday for Escala.  This is the last day they will hand out the coupons for discounts.  $3,000 off 1-bed, $5,000 off 2-beds, $10,000 off 3-beds.  The address is: 1710 Gilmore Avenue, Burnaby.  Please message me for more info and how I can help you secure a home here at Escala.

Hi Everyone!

I would like to personally thank you all for liking and sharing my promotion last week!  We had a great turnout at the River District last night I'm very proud of our team for making it such a great success!

Congrats to Jose Manuel de Sequera and Marcy Kam for sharing and or liking my social media post!  You both are winners of a $50 dollar gift card to the restaurant or store of your choice!

There will be plenty of giveaways and prizes to come in the following weeks so please follow me on Facebook (www.facebook.com/sterlingwongrealty) or on Instagram (www.instagram.com/sterlingwongrealty/) and Twitter (www.twitter.com/sterlingnwong) for more prizes and contest.

Congrats to my client who purchased his first home in Vancouver at MC².  Just want to give a shout out to Intracorp Canada for their outstanding customer service and attention to detail in this hot Vancouver market.  Thanks for handing us the keys, Ling Tan!  

My buyer was very happy with the finished product and I wouldn't hesitate recommending Intracorp homes to all my clients, friends and family.

Delicious food, great cause, good people. Met Canucks legend Thomas Gradin (bottom left picture).  What a night!

Come on by for the Marine Gateway community celebration & grand opening today at 3pm. I heard Mayor Robertson is going to be here to cut the ribbon at 2pm! There will be prizes and giveaways! Hop on the skytrain, drop on by and I'll see you there! 

All the free swag I got today! :)

Real Estate Board of Greater Vancouver (REBGV) reports that last month's sales were 56% above the 10-year sales average for the month and rank as the highest selling month the REBGV has ever recorded.

For more in-depth information on March's market, please click:

Greater Vancouver:  REBGV March 2016 Stats Package

Fraser Valley:  FVREB March 2016 Stats Package

What do you do to prepare for a successful day? Tell us to enter to win $50 giftcard to a restaurant of your choice by posting on the Facebook page!  www.facebook.com/Oakwyn/

How to enter:
'Like' to share this video 
- Comment below with one thing that you do to prepare yourself a successful day

Wesgroup & Oakwyn Realty

Present:

RIVER DISTRICT

Quartet:  The Final Phase at Town Centre

April 14th, 2016 from 6:00 to 9:00pm

8700 Kinross Street, Vancouver

______________

The final phase at Shannon Wall Centre.  The Beverly House features 84 prestigious homes with stunning views of Shannon Green Park and the Peter Wall Mansion.  Wilshire House is a collection of 72 homes, ranging from one-bedroom to three-bedroom in size.  Secluded behind beautiful stone walls on the quant south side of West 57th Avenue and Adera Street, homes at the Wilshire House serve as the perfect sanctuaries.

Thank you Jane Chu and the Rennie team for hosting a great VIP Realtors event today!

Brentwood's latest development Escala. Over 500, concrete high and low-rise residences.  Over 15,000 ft² of 5-star amenities - it'll be a one-of-a-kind clubhouse!

Discounts to the first 200 buyers! Completion in Spring 2019 and sales will begin sometime near the end of April once they get their disclosure statement finalized. Thanks Escala Homes, Josephine Woo, and the Ledingham McAllister / Magnum team for throwing a great event today!

Langara West by VivaGrand Developments.  6 levels of concrete living facing Winona Park! Central air conditioning, Miele appliances and completion in 2018.  Let's be neighbours!

Thank you Ann Lok and the Epic at WEST team for throwing a great VIP Realtors event today.  Line up for units has already begun!  It's going to be a fun weekend!

The City of Vancouver has reached an agreement with Canadian Pacific Railway that will transform a contentious stretch of old rail corridor into a public greenway.

Under the deal, the city will pay $55 million to purchase the land on the railway route, which extends for nine kilometres from False Creek near Downtown Vancouver to Marpole on the city's south side.

Read more...

Michael Uy and I smashed the building average for days on the market and broke a record for price per sq ft for this complex by over $100 a sq ft!  Congrats to our happy sellers!  

Philip Lau and Eudora Koh, you are winners of a $20 dollar starbucks gift card!  I would also like to thank everyone for sharing or liking my posts on social media!  Follow me on instagram @sterlingwongrealty

Happy client inspecting his new place!

Real Estate Board of Greater Vancouver (REBGV) reports that last month's sale were 56.3% above the 10-year sales average for the month and rank as the highest February sales total on record.

For more in-depth information on February's market, please click:

Greater Vancouver:  REBGV February Stats Packge

Fraser Valley:  FVREB February Stats Packge