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Fairway Lane MLS® Listings
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Building Info
Fairway Lane-1588 Duthie Ave, Burnaby, BC V5A 2R7, Canada, LMS1638. Located in the Simon Fraser University area of Burnaby North on Duthie Avenue and Halifax Street at the foot of Burnaby Mountain. It has 21 units in Strata and was built in 1994. This centralized yet private location is within a short distance to public transit, Squint Lake Park, Burnaby Mountain Golf Course, Birchwood Daycare Centre, Montecito Elementary School, Burnaby North Secondary, Royal Gourmet Foods, IGA, Burnaby Consumer Services Co-Op, Douglas Ballet Academy, Kensington Track and Field, Kensington Tennis Courts, Kensington Baseball Field, Kensington Skating Rink, shopping, medical services, parks, recreation, churches, banks and more. Easy access to Loughheed Hwy and skytrain stations allows for a quick commute to surrounding areas such as Vancouver, Coquitlam, Port Moody and New Westminster. It features private and sunny fully fenced yard, single car garage, large patio, garbage pick up, in suite laundry and more! Well maintained 2 level complex, new roof 2008. Excellent family home in a great neighbourhood!
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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