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Receive more information about The Terraces
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The Terraces MLS® Listings
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Building Info
The Terraces - 5733 Cambie Street, Vancouver, BC, V5Z 4H2, strata plan VAS1499. The Terraces is a 6-storey building with 32 residential units located close to Oakridge Mall, Safeway and walking distance to Queen Elizabeth Park, Langara Golf. Steps to Canada Line Station. Convenient to Airport, Downtown and Richmond Centre. Maintenance fee includes garbage pickup, gardening, gas and management. Crossroads are 41st Avenue and Cambie Street. Close to Solomon Academy, Langara College, King David High School and Ecole Rose-des Vents. Oakridge Mall offers banks, pharmacies, boutique shopping, restaurants and more.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
September 2020 Market Insights
September had a fantastic sales of 56% over the same period last year. Listings were 32% over last year
Real Estate Related News Articles(Sun and Province)Search News
Q1 net income increase compare to previous quarter
The bank’s capital position remained “robust”, with a CET1 ratio of 12.5% “supporting strong volume growth and $1.5 billion in common share dividends paid.” RBC also boasted of a strong average Liquidity Coverage Ratio (LCR) of 141%.
According to CREA, as the spring market approaches, the current pace of home sales growth might be inhibited by an evident lack of supply, particularly in Ontario markets, to meet growing home buyer demand.
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