Macrealty Marketing Team, Author at macdonald realty
 
Welcome to our family, Burnaby office

Welcome to our family, Burnaby office

As we welcome our office in Burnaby, BC we’ve found many fun facts about the city.

With one of the largest parkland to resident ratio in all of North America, with approximately 25% of the city’s land being parkland or open space, Burnaby has ample room to get outside and is a great mixture of the urban environment and natural landscape.

Check out some of our favourite places to visit and as a bonus, celebrity sightings.

Parks & Urban Centre

According to the website Burnaby.ca, the city has one of the highest park land to resident ratio in all of North America.

The city has witnessed significant changes in its demographic profile. It has evolved from a rural and suburban community to a significant urban centre that is socially, economically and culturally diverse. While Burnaby occupies just over three percent of the land area of Metro Vancouver, it accounts for about 10 percent of the region’s population. It is the third most populated urban centre in British Columbia with a population of 232,755 in 2016.

Photo by Nick Zheng – Burnaby, BC

Photo by Nick Zheng – Burnaby, BC

The largest park in Burnaby is called Central Park and is covered mostly with large fir and spruce trees. With 213 acres and 8.5 kilometres of trails for biking and walking the park also offers other general recreational activities.

Japanese Culture

If you never had the chance to visit the Playground of the Gods, home of 50 totem poles created by Japanese artist Nubuo Toko, and his son, Shusheo, you need to add it to your “must to do” list. The totems are located atop Burnaby Mountain overlooking Coal Harbour and symbolizing Burnaby’s bond with its sister city, Kushiro, Japan.

Playground of the Gods, near SFU. Photo by Marlus M. Grecu, released by Daily Hive.

Playground of the Gods, near SFU. Photo by Marlus M. Grecu, released by Daily Hive.

 

Third-Largest Commercial Mall in Canada

The fantastic Metropolis at Metrotown in Burnaby, BC is the largest mall in British Columbia, and the third-largest in Canada behind Alberta’s West Edmonton Mall and Ontario’s Square One Shopping Centre, with 27 million customer visits annually. The mall is located adjacent to Metrotown station on the SkyTrain.

Photo released by metropolisatmetrotown.com.

Photo released by metropolisatmetrotown.com.

 

The Very Famous Carousel at Burnaby Village Museum

Centuries of history are packed into a 10-acre site at the Burnaby Village Museum, you can find more discoveries at www.burnabyvillagemuseum.ca.

The crown jewel of the Burnaby Village Museum is the restored 1912 C.W. Parker Carousel, which visitors can ride for only $2.65.

Burnaby Village Museum is closed for the season. Please check back for updates.

Photo released by adventureawaits.ca.

Photo released by adventureawaits.ca.

 

Hometown Celebrities

Michael Bublé, Michael J. Fox, Joe Sakic, and national soccer team player Christine Sinclair all came out of Burnaby.

For some real estate highlights: Michael Bublé’s home in Burnaby is more than 27,000-square-foot and is located across from his childhood elementary school.

Michael Buble's home in Burnaby, BC – Photo by Richard Lam/PNG released by Vancouver Sun in 2018.

Michael Buble’s home in Burnaby, BC – Photo by Richard Lam/PNG released by Vancouver Sun in 2018.

 

We all agree that Burnaby is a beautiful city and it impresses with its strong economic growth and abundance of natural beauty. If you are thinking of purchasing your home in Burnaby, BC you can count on our new Macdonald Realty Burnaby office.

Find listings on Burnaby, BC by visiting our website: macrealty.com.

Sources:
Burnaby Population
Burnaby Village Museum
Burnaby Things To Do – Central Park
Burnaby Things To Do – Burnaby Mountain
Daily Hive
Vancouver Sun

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – December 2020

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in December 2020.
Find all the infographics related to the May Market Statistics by visiting the Facebook Album.

Whistler 

In December 2020, there were 10 sales of detached homes and 73 active listings. The benchmark sale price was $1,702,300.
The condo market had 27 sales and 105 active listings at the end of the month.  The benchmark sale price was $487,600.
The townhome market had 26 sales and, the active listings were 21. The benchmark sale price was $1,029,900.
It’s a Seller’s market for Condos and Townhomes in Whistler.

 

Sunshine Coast

In December 2020, there were 63 sales of detached homes and 134 active listings. The benchmark sale price was $702,500.
The condo market had 8 sales and 31 active listings at the end of the month.
The townhome market had 8 sales and, the active listings were 34.
It’s a Seller’s market for Homes and Condos on Sunshine Coast.

 

Squamish

In December 2020, there were 28 sales of detached homes and 38 active listings. The benchmark sale price was $1,020,400.
The condo market had 25 sales and 40 active listings at the end of the month.
The townhome market had 17 sales and, the active listings were 8.
It’s a Seller’s in Squamish.

 


Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast? 
Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Greater Vancouver Real Estate Market Statistics – December 2020

Greater Vancouver Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in December 2020.
Find all the infographics by visiting the Facebook Album.

According to The Real Estate Board of Greater Vancouver (REBGV) “Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average.”

The Board reports that residential home sales in the region totalled 30,944 in 2020, a 22.1% increase from the 25,351 sales recorded in 2019, and a 25.7% increase from the 24,619 homes sold in 2018. Last year’s sales total was 2.8% below the 10-year sales average.

“When the pandemic began in March, the housing market came to a near standstill. We knew, however, that shelter needs don’t go away in times of crisis, they intensify,” Colette Gerber, REBGV Chair said. “The real estate community worked closely with our regulatory bodies and public health officials in the spring to ensure appropriate precautions and protocols were implemented so BC REALTORS® could help residents safely meet their housing needs.”

Colette also has mentioned the COVID-19 season and low-interest rates:

“After adapting to the COVID-19 environment, local home buyer demand and seller supply returned at a steady pace throughout the summer, fall and winter seasons,” Gerber said. “Shifting housing needs and low interest rates were key drivers of this activity in 2020. Looking ahead, the supply of homes for sale will be a critical factor in determining home price trends in 2021.”

Bowen Island

Burnaby East

Burnaby North

Burnaby South

Ladner

Maple Ridge

New Westminster

North Vancouver

Pitt Meadows

Coquitlam

Port Coquitlam

Port Moody

Richmond

Tsawwassen

Vancouver East

Vancouver West

West Vancouver

Looking for more information about the real estate market in specific neighbourhoods in the Greater Vancouver?
Macdonald Realty has offices across the Greater Vancouver.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Westburn Realty joins the Macdonald Realty family

Westburn Realty joins the Macdonald Realty family

BURNABY, B.C. – (January 7, 2021) – Westburn Realty, an award-winning brokerage in Burnaby, BC, is excited to announce that it has joined Macdonald Realty, one of Canada’s largest independent brokerages and a market leader in British Columbia.  The merger further strengthens Macdonald Realty’s position as BC’s premier independent brokerage and fills a key need for Macdonald in the important Burnaby market.

“We are excited to have a company with the quality and history of Westburn Realty join the Macdonald family,” says Dan Scarrow, President of Macdonald Realty. “We continue to be open to working with great BC companies and agents who want to take their business to the next level.”

 

 

 

Founded in 1987, Westburn Realty has been a leading real estate brokerage in Burnaby for over 30 years.  With nearly 100 licensed real estate agents, including several top teams, Westburn Realty have a sterling reputation and significant market share throughout the Lower Mainland. Paul Prade, part owner of Westburn Realty and a stalwart in the community, was instrumental in the merger negotiations.

“We are thrilled to be joining Macdonald” says Prade, “Our business philosophy of placing customer service and Realtor support first fits perfectly with Macdonald Realty. We have known the leaders of Macdonald for many years and are confident that our tradition of operating a “family” style business will continue for many years to come”.

 

 

 

With the merger, Macdonald, led by CEO Lynn Hsu, is now the largest company in BC owned and operated by a woman.

 

 

 

 

 

 

About Macdonald Real Estate Group:

Founded in Vancouver in 1944, Macdonald Realty has grown to become BC’s largest full-service corporately owned real estate company, with over 20 offices, 1,000+ agents and staff in the province, and nearly $10 billion in annual sales.

In addition to residential sales, Macdonald Commercial has over 40 dedicated commercial agents with a head office in Vancouver and a Fraser Valley office in South Surrey; Macdonald Property Management currently manages over $5 billion in BC properties; and Macdonald Platinum Marketing has sold over $2 billion in luxury new construction.

Okanagan Real Estate Market Statistics – December 2020

Okanagan Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in December 2020.
Find the infographics by visiting the Facebook Album.

Central Okanagan: Kelowna and Lake Country

There were 193 sales, 410 active listings, and an $854,387 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 102 sales and 367 active listings at the end of the month. The average sale price was $406,994.
Townhome sales were 98, active listings were 170 and the average sale price was $560,782.
It’s a seller’s market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $651,430. At the end of the month, there were 85 sales and 165 active listings.
There were 16 sales and 78 active listings for condos. The average sale price was $285,768.
In comparison, townhomes featured 32 sales, 49 active listings and a $371,186 average sale price.
It’s a seller’s market for Homes and Townhomes in North Okanagan.

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

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