Vancouver Housing Market Forecast 2018 ⌂ Richmond Burnaby City of Vancouver Surrey Richmond BC

Vancouver Real Estate Market 2018 and 2019

Prices were up and sales were up, and listings are down in the greater Vancouver housing market last year.

GVREB reported that the MLS® HPI composite benchmark price for all residential properties in Metro Vancouver
finished up 15.9% at $1,050,300 compared to December 2016. Home listings rose 44% over 2016, and sales to homes ratios hit a whopping 14% for detached homes, 38.8% for townhomes, and 59.6% for condominiums in greater Vancouver.

While there’s much talk about the depressing effects of Federal increases in interest rates and stress tests, it remains to be seen if it has any impact on the market, since those affected are unlikely to qualify to buy Vancouver’s high home prices anyway.

The December home market sunk by a whopping 28% from November’s totals and this will hardly spur new home development. It’s likely price pressure will return later in 2018. In fact, Phil Soper, President of Royal Lepage brokerage says Royal LePage predicts prices will rise 5% to 6% to $1.3 million on average across all home types in Greater Vancouver.

Just as in the Toronto real estate market, the condo market is where the focus is. That’s due to prices and the fed’s new stress test mortgage rules. With everyone bidding on lower priced condos in both cities, we should see big price increases, especially as borrowers hunt for new mortgage financing. Demand can disappear for a while, but it will return because so many people need a place to live.

Richmond and New Westminster bucked the downward trend with price growth of 2%. Richmond, Squamish, Whistler, Coquitlam, Burnaby and New Westminster also saw gains in apartment/condo prices in December.

December also saw the lowest level of home listings. The 20% decline is scary, making a 2018 housing forecast for Vancouver difficult.

Valiantly, Vancouver home builders are building multi-tenant buildings yet it looks like a losing battle. They issued permits for 263 units for all of Vancouver in October. It’s a market that’s run out of gas but the prices haven’t declined as governments had hoped.

Are you looking for good opportunities for rental income property? Or just wondering when the best time to sell your home in greater Vancouver? Take a look at the best best renovation ideas and plan your selling strategy.

The Vancouver housing market is reflective of a strong BC and Canadian economy and the outlook for spring 2018 is positive too. As the King of unaffordability, Vancouver is suffering from a crushed housing market, big immigration, increased global trade, growing poverty and stagnant wages. The monthly stats send the same message each time.

This same situation exists in the Toronto housing market which is enjoying a stronger fall season as well. In fact, a few are sensing the beginnings of continued housing boom after a weak late winter 2018 season.

The Real Estate Board of Greater Vancouver (REBGV) reported that sales of detached, attached and apartment properties reached 35,993 on the Multiple Listing Service® (MLS®) in 2017, a 9.9% decrease from the 39,943 sales recorded in 2016, and a 15% decrease over the 42,326 residential sales in 2015. — from GVREB 2017 Year Report.

Vancouver remains perhaps the most unaffordable city in North America based on home price vs income. With new mortgage rules coming in 3 weeks, more Vancouverites will find themslves stuck in the rental market which is also not getting any better. Ask any post secondary student about housing.

The sales to listing ratio for the all important condomnium market was an astonishing 68%, up 7% since September. Cheap condos are hot, and going for way beyond what they’re actually worth.

Check out Realtor Steve Saretski’s November report and this key revealing graphic that foretells of 2018 and 2019 markets:

Maple Ridge and Port Coquitlam had big prices increases of 3.8% and 4.2% price growth in apartments. Single family houses in Squamish grew 3% in price this last month.

Share this report on Facebook. Sharing is good. People need more perspective because what’s being done in the Vancouver market is not working.

Given the fate of the Liberals, the NDP government may not be too eager to go the market killing route. However, the new plan being proffered by the Gregor Robertson’s city government, may be the thing I’ve commented on many times – that governments start economic and housing crashes, not the markets themselves.

Robertson is quoted as complaining about Vancouver’s amazing prosperity as “hit us like a ton of bricks.”  Those aren’t the kinds of words investors and homebuyers want to hear.

But should a local mayor be fiddling with strong global and national economic forces? Is he way overmatched, just like Wynne in Ontario?

One outrageous goal for Robertson may be to restrict ownership of Vancouver real estate by non residents. Seriously, in this era of open trade, he is actually considering it. Maybe Robertson will opt out of all trade deals and cross border business too since that just fuels demand for real estate?

It could be BC voters have learned that despite terribly high prices, that the BC economy is more important. And the strong Canadian economic forecast will push house prices higher. The solution is big investment in housing not in meddlesome government actions. When a politician fusses with administrative red tape, he’s telling us a lot.

The Need is for More Housing

Breaking News: PM Justin Trudeau has just announced a program to bring in one million new immigrants over the next 3 years. How many will choose Vancouver?  The influx will almost certainly impact Vancouver’s housing availability. Most newcomers are to come from Asia. Many immigrants are already here as students and there’s no housing for them.

House and Condo Stats in November

Sales in Vancouver were up 7% from September and up 35% from last October. Prices rose .5% over September and  12% over October 2016. Buyers have more million dollar homes (up 14%) at an average price of $1.6 million and a DOM of 41 days. Vancouver condos / townhouses prices 14%) in October. The sales to active listings ratio was an incredible 67% in October. Prices rise when that ratio surpasses 20%.

Experts believe rising mortgage rates and more restrictive stress tests will deflate the market. Fewer middle class earners will be able to qualify. That will put more pressure on the Vancouver rental market which is approaching zero vacancy rate. Incredibly, housing starts are down  and that will put upward pressure on the resale market.

BCREA in its 4th quarter report, forecast home sales might decline 10.4% to 91,700 units in 2018, after an expected 8.8%. A record 112,209 unit sales were recorded in 2016.  But these drops in sales are just drops in financial transactions. Prices of condos and houses aren’t falling.

It would be difficult to rationalize lower prices given a strong, growing economy and a lack of housing in Vancouver.

It’s All About Condos in Vancouver, Burnaby, Surrey, and Richmond

Demand for places to live and for investment properties is being funneled into the Greater Vancouver condominium market.

As of the first half of this year, HPO had received registrations for 1,788 new Vancouver condos, down from 2,488 units at the same time in 2016 — from a report in the Vancouver Sun.

Homes for sale scarcity combined with eager buyers, means demand is being focused on condos, townhouses and apartments. 3043 property sales were recorded in August 2017 which was 2.3% increase over July’s numbers. And it represented a 22% increase over August 2016 sales.

Condo Sales Driving Vancouver’s Market

While sales of detached homes dropped in August 2017 compared to July sales, and compared to August 2016 sales, Vancouver condos are in hot demand.  More than 4200 condos and townhouses were listed for sale in August. The decreased availability and rising prices are putting big pressure on International students studying in Vancouver.  UBC has 6000 students on their housing waitlist. Huge investment opportunity in foreign student housing.

Are you an investor? The August 2017 sales report shows townhouse/condo/apartment prices are rising fastest in Pitt Meadows, Squamish, Port Coquitlam, Burnaby East and Whistler. Mapleridge saw a big increase in apartment prices likely because the average price is only $252,000.

REGBV’s August 2017 report shows home and condo prices are rising. Any home for sale in Metro Vancouver between $350k and $750k are still subject to multiple offers. The big change is in the number of Vancouver area homes for sale which plummeted 19.2% since last month. Overall, the number of properties for sale dropped 4.2% since last month.

Check out the Calgary housing forecast and the Toronto housing Market for comparison.

REBGV President Jill Oudil stated the detached home market has achieved a balanced state and that buyers have more homes to choose from. That may contradict the reality that the volume of homes available for sale has plummeted. The truth might be that there are fewer buyers of homes above $750,000 which comprises most of the homes in Metro Vancouver. It’s a split market like Toronto.

The Federal Government has just raised the prime lending rate to 1% and hinted at further rate increases, and this will likely cool demand for higher end homes. The demand in Vancouver is still present, and the buyer target is condominiums.

Vancouver is host to tens of thousands of foreign students studying here, and they have an impact on condo prices. Currently companies such as CIBT specialize in student housing investment.  They purchase properties such as hotels to fill this big demand in a Vancouver housing market that is near to a zero vacancy rate. Check out the student housing investment opportunity yourself. The forecast here is for more demand.

Vancouver’s Housing Forecast Remains Positive

The last 8 years have been a real awakening for the city of Vancouver and for the rest of BC.  BC is now is perhaps the hottest province economically in Canada. This has spurred tremendous construction, entrepreneurial, and employment opportunities.  The demand for housing speaks for itself.

The BCREA reports that housing starts next year will jump dramatically. However, is 2,000 more units sufficient to quell the overheated market for rentals and buyers?

Screen Capture Courtesy of BCREA

This new tax, good for the BC government, may squash employment growth as Asian buyers look to live and buy elsewhere. Although this is a downer for Vancouver, it’s brightening the forecast for Calgary and theToronto housing market, where new investment is predicted to grow. Judging by the number of people visiting my site looking for info on Toronto, the demand is changing.

Post tax implementation: The average composite price for a Vancouver home was $938,000 in July which is still 33% higher than one year ago. The BC government has its worked cut out for it. The BC provincial government was already collecting $1.6 Billion dollars in taxes and the new tax will create a ridiculous opportunity for government spending in 2017. Do you cheer or jeer?

Here’s a look at the historical price trends in Vancouver contrasted with Toronto pirces. You can see the Toronto real estate forecast here.

The total numbers for July and August of 2017 haven’t been reported but we’d have to guess at $10 Billion for the two months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver totalled 2,489 in August 2016, a decline of 26 per cent compared to the 3,362 sales in August 2015; 10.2% fewer than the 2,771 sales in August 2014; and 1% less than the 2,514 sales in August 2013. August 2016 sales also represent a 22.8% decline compared to last month’s sales. –  From the latest market report from REBGV on Sept 2, 2016.

The forecast is for fewer sales and perhaps lower prices, yet because of the foreign buyers tax, it might look more precipitous right now than it actually will be.


Regarding Vancouver condos, it looks like demand has slackened for cheaper accommodation and apartments and condos. REGBV said “Sales of apartment properties reached 1,602 in July 2016, a decrease of 7.3 per cent compared to the 1,729 sales in July 2015. The benchmark price of an apartment property increased 27.4 per cent from July 2015 to $510,600.”

BC Economic Outlook

Although employment growth and GDP will moderate, BC residents and homebuyers will have much more disposable income. These facts plus an expected 5.5% rise in retail sales will definitely perk the attention of businesses everywhere.


Running out of Land in Greater Vancouver

BC lower mainland real estate is doing well, in stark contrast with Northern BC which saw its sales volume drop 8% and total sales volume drop by 25% compared to January 2015. It will be much worse in August and September.

The Greater Vancouver area saw its sales volume rise 73% to $2,788,099,000.  That was actually overshadowed by the 101% rise in sales volume in the Fraser Valley year over year in January.  The valley had a growth of $427 Million. Chilliwack and Powell River saw significant gains too, as affordability issues are forcing more BC residents out into the burbs.  The condo market in Vancouver showed a shocking increase of 50% year over year.

What it means for BC is a rare moment of sunshine where it is leading Canada in prosperity. Add that to BC’s more progressive and optimistic culture, and you’ve got an exciting mix. We can only hope it will last for a few more years before the Conservative wet blanket kills the party.

Vancouver Island enjoyed 50% growth in sales volume and the city of Victoria grew in sales to $260 Million in January. The south Okanagan region had a surprising growth of 44% in sales volume as well. It’s hard to argue that the Okanagan has not benefited from real estate and migration.


Yet, this market isn’t the hottest on record for BC, which was even more heated in 2005. Should this non-record high real estate market be snuffed out?

While politicians are jumping to suppress sales in BC, no one can argue that the deluge of real estate investment money is creating unheard of opportunity in Vancouver. The province is drawing migrants from Alberta and Saskatchewan who are looking for jobs at a time when Alberta is facing its biggest crisis ever. The worst hasn’t even hit Alberta yet, as oil sunk to touch $25 a barrel last week.

As far as the shadow flipping controversy is concerned, some believe the privacy issue in transactions will ensure the practice of flipping will continue unabated.  Others suggest the inflow of Chinese funds into BC will be terminated by the Chinese government and price rises  would then abate.

What is Shadow Flipping?

The Vancouver real estate forecast is glowing and is not headed upward, and Vancouver’s economic resilience has been tested by low commodity prices. Still, these good times never last so BC residents should revel in their wealth of opportunity. It’s a good time to be an entrepreneur in Vancouver.

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Are you a Vancouver real estate agent selling condos in Vancouver or detached homes struggling with online exposure? You’ve come to the right place. Have a good look at the best realtor digital marketing program available anywhere.

* BCREA is the professional association for over 19,000 REALTORS® in British Columbia Canada. BCREA focuses on provincial issues that impact real estate. Working with the province’s 11 real estate boards, BCREA provides continuing professional education, advocacy, economic research and standard forms to help REALTORS® provide value for their clients.

Mississauga Condos for Sale | Resale and New Construction

Mississauga’s Rising Skyline Lined with Condo Towers

You’re likely aware of how the skyline of Mississauga has changed over the last 6 years.  And it was the construction of the Absolute Condominium buildings that seemed to launch the visibility of the City of Mississauga to a new prominence. The city with no identity was gaining new fame around the world because of the “Marilyn Munroe” towers.

Screen Capture Courtesy of

Mississauga has grown into one of Canada’s largest cities and offers much more to its residents and businesses in 2017. You may have heard about this city just west of Toronto and likely couldn’t pronounce its name. My American friend calls it “Mississaugwa” which I’m sure Hazel McCallion would have a good chuckle over.

Yes, the former Mississauga mayor worked hard to put this city on the map, and ensure Mississauga had no civic debt. It’s proximity to Toronto and major transporation routes also makes this place very attractive for International businesses and investors. And it’s great for residents too.

Search for Condos for Sale in Mississauga Right Now.

Home and Condo Prices have Risen

But let’s not forget that Mississauga is within the Greater Toronto area and home and condo prices here have shot up high.  While many have positive predictions about the Toronto Real Estate Market, there are others who feel we may be on the verge of a housing collapse in Toronto. You can read the Mississauga real estate report and the Toronto real estate report and figure that out yourself. Don’t expect much help from the experts or local agents, as they probably have their own bias. And you can read that on their blogs and news stories.

Mississauga has hundreds of medium to large sized condo buildings, many perfect for rental property investement.  With limited land to build, and high demand from immigration and Millennial buyers, prices are expected to rise. If mortgage rates rise, the rental property market will explode. It’s a good time to take a look at Mississauga’s homes and condos. Any and all can be an excellent investment.

If you’re from China, Dubai, Hong Kong, or Germany, take a look at Toronto condos as well. Your investment can go a long way in Toronto. Is this the right year to buy rental income property?  Get insight into the best investments in 2017 including investing in real estate.

Enjoy this view of downtown Mississauga via Aerial Drone.

The Forecast: Even More Condos are Coming to Mississauga

You can read all about the M City complex being planned on the Toronto Star Site. Mississauga is zoned for this intensive condo development and we’ll see more of it.

a $1.5-billion, 15-acre, 4.3-million-square-foot project at the southwest corner of Burnhamthorpe Rd. and Confederation Pkwy. Photo courtesy of the Toronto Star

Absolute Condos

The Absolute Condos are group of 5 buildings located on Hurontario Street just north of Burnhamthorpe Rd. These condominiuns are also right across the street from Square One Shopping Centre which is Mississauga’s largest shopping mall. It’s a great location in a densely populated, condo intense area where commerce is intensified.  Condo buildings are still being built in this area including a new development.

The two curving buildings are the most recent ones standing at 50 stories and 56 stories for each. They are quite site looking up from the base. Most of the units have large balconies.

Humber Bay Condo Waterfront Development

At Humber Bay in Mimico, is an exceptional beautiful collection of waterfront condos (on the south end of Mississauga and Etobicoke).

Pic courtesy of Cynthia Ostos & Youtube –

New Construction Condos in Mississauga

There are plenty of exciting new developments being planned or currently being built, should you be intersted in buying a Mississauga condo.

EV Royale, a captivating new development in Erindale is scheduled for completion in 2019.

Screen Capture Courtesy of

Another Cool New Construction condominium complex planned is also in Erindale. It’s called the ARC and offers plenty of suites with fantastic views starting around $200,000 CAD.

It’s not all highrise condos in Mississauga. There are some beautiful waterfront condominiums in Port Credit and Clarkson Village that would make superb investments.

Craftsman Condominiums in Clarkson

This new new lo-rise village is almost sold out and set for completion in 2018.  It featurs a rooftop terrace, fitness centre and inviting social room. It’s the location in Clarkson that makes this a top notch rental income investment.

Looking to invest in homes or rental income condos in Mississauga? Visit Damir Strk of REMAX Realty Specialists for an introduction to the many opportunities here.

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Real Estate Investors Huge Impact on the Economy

The Net Benefit of Real Estate Investors – $9 Billion!

A joint survey by Bigger Pockets and Memphis Invest revealed some fascinating insight into the attitudes of real estate investors and their impact on the US economy. They concluded in their 2014 report, that 28 million real estate investors have a $9 Billion+ effect on the economy. The survey results are displayed in the infographic below.

This really is timely and newsworthy. The numbers in 2017 might be even higher. Add investment in new multi-unit rental property and commercial real estate and the numbers are astonishing. If money begins leaving the stock market and pours into the housing market, how will this affect your own best investment picks?

In the past ten years, investment has been focused on electronic technology and software and with that, the US economy hasn’t fared well. Housing is something the US has always done well and it looks like the general population is about to get wind of this fact.

The spin off investment in furniture, appliances, home servicing, renovation, new school construction, new retail establishments, and more creates jobs in the US and further investment within the US. Is Donald Trump ready to capitalize on this basic and proven economic process? Quoted in a Bloomberg report, Robert Shiller says the US could be in for boomtimes and that means lots of new developments and higher home prices.

From Los Angeles to New York to San Francisco, a healthy housing market could soon boom and you’ll want to discover the best ZIP codes for real estate.

Perhaps this is the signal we need to put more investment dollars into real property, whether for buying as an income property investment or in new homes to live in. This infographic offers some excellent insight into investor profiles, risk tolerance, rental price predictions, and more.

Infographic courtesy of Bigger Pockets and Memphis Invest

Trump: Responding to the Housing Crisis

It’s hard to argue that there is a housing crisis across the country. Even in Canada, with its limitless supply of land, there is a housing crisis too. So we know there is and was something very negative that has been suppressing investment in real estate in North America. This could be about to end with the Trump era.

It’s still uncertain as to what he intends to do, and he probably hasn’t decided what to do. It will all play out in real time. Investors, governments, builders, renovators, realtors, and mortgage agents will have learn, react and plan on their feet. So, it’s an exciting time where everyone will have their values and understanding of the economy, housing market and real estate investment wisdom challenged.

There will be some big failures in the coming years too as Trump further drains the swamp. Old and young investors alike will find the new, clean swimming pond frighteningly responsive and hazardous with all-new predators and regulators. They all want a piece of the housing pie too.

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Is 2018 the right year to buy rental income property? Which are the cities with the best return: LA, San Francisco, San Diego, Seattle, Phoenix, Denver, Chicago, Boston, New York, Dallas, Houston, San Antonio, Austin, St Louis, Minneapolis, Green Bay, Charlotte, Tampa, Jacksonville, Miami, Orlando, Toronto, Vancouver, Anaheim, Beverly Hills, Malibu, San Bernardino, San Jose, Fresno, Santa Clara, Sacramento, Mountainview, Palo Alto, Portland, Washington, Atlanta, Nashville, Sunnyvale, Salt Lake City, Riverside, Rancho Cucamonga, Costa Mesa, Oceanside, Carlsbad, La Jolla, Escondido, Riverside, Hartford, Raleigh, Albuquerque, Glendale, Long Beach, Huntington Beach, Kansas City, St Louis, Stockton, Scottsdale, Indianapolis, Columbus, Fort Worth, Chula Vista, Escondido, Santa Monica, Miami Beach, and Honolulu.

New Homes for Sale in Vaughan

The Vaughan Real Estate and Community Development Report

The city of Vaughan is still a mystery to many people in the GTA yet this fast improving community is serving up some big lifestyle benefits for residents. The development plan for Vaughan is audacious and exciting as these videos below reveal.

Vaughan’s logo
This post offers a good look at the city and a selection of the stunning new construction homes being built here by some of the GTA’s top home builders.

If you asked the average York Region resident where the boundaries of Vaughan were, they would give vague references to Brampton, weston road or Woodbridge.

The fact is that Vaughan occupies some of the most cherished property in Metro Toronto and its adjacent to Bathurst St.  Vaughan is gaining an identity.

People are only becoming aware of Vaughan because they’re engaged in the process of buying or selling a home. GTA’s underdog community is getting a lot of attention. If you’re living in Toronto but looking to enjoy the suburban lifestyle with a short commute, Vaughan might be to your liking.

Prices of homes in York Region rose the fastest during the spring of 2017, yet the bubble has passed, and prices have receded considerably from 6 months ago.  Yet prices new homes are selling for in Vaughan tells us that Vaughan is popular. It’s a beautiful new comunity in an ideal location.

In fact, homes being sold here are a rare opportunity within Toronto’s borders.

Surprisingly, monster homes being built on the west side of Bathurst are not Richmond Hill homes — they’re Vaughan homes. Vaughan’s former elite residential neighbourhood called Woodland Hills has a good number of multi-million dollar homes yet this region is more a flashback to old Canadian money. The new money is pouring into Vaughan, Markham, and Aurora.

Vaughan has all the advantages of communities that border Toronto and near to Mississauga (Markham, Richmond Hill and parts of York Region and Durham Region) and that includes economic, retail shopping and professional services, along with quick access to the recreational and cottage areas north of Toronto.

The Plan for Vaughan – An Ultramodern City

Vaughn Library Courtesy of the Globe and Mail

If the prices of Vaughan new builds are too expensive or too much house for you, check out homes for sale in Newmarket, and new homes in Aurora for sale.

House Prices Flat in Vaughan

In First quarter of  2017, 1290 homes, condos, townhouses, apartments were sold in Vaughan at an average price of $1,212,175. That’s a growth of $340,000 over 1st quarter 2016 prices. A whopping increase likely due to the number of new construction monster homes, which you can see below, and due to the bubble in early 2017.

Post Bubble Period:  Last month, October 2017, 133 detached houses were sold at an average price of $1,280,906 which is just $6,000 above July’s average price of $1,273,340. Post bubble, home prices are flat.

The Community of Patterson, Maple,, and Vellore Village account for the bulk of resales in the last 16 months.

If you’d like a breakdown of Vaughan homes by community, check out the report from TREB.



Upper West Side Community in Vaughan

uwssign5 home builders (Aspen Ridge Homes, The Conservatory Group, CountryWide Homes, Regal Crest Homes and Townwood Homes) are partners in a new awesome housing development on the east corner of Vaughan called Upper West Side in Thornill.  This development is located on 71 hectares of undulating hillside and natural ponds (180 acres containing 800 homes with 40 to 50 lots and 3,000 to 8,000 square feet interiors). The homes feature traditional architectural styles including Tudor, Beaux Arts and Georgian as well as contemporary designs.

It’s one of the last residential development areas in the GTA with lush pristine green space. Well, some of it is lush, the rest has been clearcut and wiped clean for the development of these monster homes.

This is something very new for York Region and a unique opportunity for buyers. As Countrywide says “Upper West Side in Thornhill Estates is the last remaining residential area that is lush with pristine green space.”

Homes being built are enormous and there are hundreds of them. The Upper West Side development from Country Wide Homes, contributes a little to the price of homes sold on the MLS. This mega housing project is still growing, is just off of Bathurst St, above Major Mackenzie.  The homes here mark a departure from the usual traditional Canadian design as you can see in the gallery below.


UWS has one large central park and the elevation and expansive views include downtown Toronto and the CN Tower in the distance.

uws10-parkuws1 uws2 uws3 uws4 uws5

Interior pic courtesy of the National Post

uws7 uws8

Check out more of the features of UWS homes for sale. You may not be getting the ultra finished amenities you expect however here’s a list of the best interior and exterior features that UWS homes provide:

  1. 10 foot ceilings on main floor, and 9 foot ceilings in basement and second floor (excluding areas due to mechanical or structural requirements)
  1. English, Italian, French and Modern inspired architecture utilizing brick, stone, stucco and architectural board, as per elevation.
  2. Imported 13″ x 13″ tile flooring in foyer, main hall, kitchen, breakfast area, powder room, laundry room and all bathrooms, lower finished foyer
  3. 2 x 6 exterior wall construction with R22 insulation value and R50 attic insulation.
  4. French doors at rear and/or leading to porches/patios, as per plan.
  5. Copper accent roof(s), as per elevation, all other roof areas to receive 40 year self-sealing shingles
  6. Capped gas line at rear of home for future BBQ hook up
  7. Complete central vacuum system located in garage.

If you’d like to see the floorplans of these homes, see Regal Crest Homes gallery of 80 unique floor plan models.

Screen Capture courtesy of Regal Homes

Hope you enjoyed this first gallery of new homes for sale in Vaughan. Please also see new homes in Aurora, and new homes in Newmarket.

The Toronto real estate market is very bright.  Demand for homes is strong.

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New Home Developments York Region

New Housing Developments in York Region 2016 2017

There’s overwhelming demand for detached, new homes in Aurora and Newmarket, Richmond Hill, Vaughan, and the rest of York Region. Yet there’s no matching supply of homes for sale from York region’s new home builders. The good news for buyers from Markham, Richmond Hill, Toronto, Vaughan and Scarborough, is that a few active developments are busy with a couple of interesting new offerings of detached houses and townhomes: Aurora new homes, Newmarket new homes, and Vaughan new homes.

newmarket-homes5Are looking to buy a home? If you’re a home hunter, you’ll likely be salivating over these amazing new offerings from Brookfield, Lindvest, Sundial Homes, Opus Homes, Mattamy, and Regal Crest and Countrywide and others. While many are sold out, there may be an opportunity to buy them as a resale.

[bctt tweet=”The GTA is the leading $1 millon+ market in Canada, and is the 2nd hottest luxury home market in the world #Toronto #Luxury #Canada” username=”@gord_collins”]

It’s a frequent situation that sees regular real estate agents trying to feed a frenzied buyer market. As these excellent neighbourhoods come into existence, we’re seeing exponential improvements in roadways, transit, city parks, and in new retail developments. New retail malls are popping up on Greenlane, Bayview Avenue, and St Johns Sideroad to fill a burgeoning consumer demand in Aurora and Newmarke. And in Richmond Hill, Markham and Vaughan, the Vaughan Mills Centre and redeveloped Hillcrest Mall are serving growing populations.

Check Homes for Sale in York Region Right Now.


It’s all about modern lifestyle, convenience, and very pleasant communities to live. Come and check out York Region’s best neighbourhoods and newest home developments in Aurora, Newmarket and Vaughan.

As Opus Homes suggests, there is a peaceful and serene countryside lifestyle here that will take the stress out of your life. Your kids will be safe and the schools (St Andrews College and Pickering College) are exceptional. New schools are being built to serve the communities.

New Homes in Newmarket and Aurora

You’ll see plenty of photos below of new homes being built in Newmarket and Aurora. You’ll also notice there is still a good amount of land available on the east side of Aurora and Newmarket, west of the 404. Mattamy, Brookfield, Opus Homes and other home builders are producing a collection of beautiful brick and stone exterior homes that you’ll be awestruck by. I’m most impressed with Opus Homes.

And if it’s older homes you’d rather own, there’s a good number of luxury homes for sale, and some not for sale, yet. On any street in Aurora or Newmarket are for sale signs where you’d never suspect you’d see them. Everyone has their price and at these prices lately, many current residents are choosing to sell. If you want to live in Aurora or Newmarket, you can find a way.

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New Homes for Sale in Newmarket

New Homes for Sale in Newmarket, ON

The region of Aurora, Newmarket, and East Gwillimbury are highly desirable locations for families looking for great lifestyles close to urban amenities and rural freedom.

Newmarket in particular has been the site of city transit improvements and there’s much work on the roadways and new housing developments. The beautiful parks, bike paths, upgraded hospital, great schools, and access to the 404 makes it very popular for buyers looking to escape the GTA.

Not so Dumb!
Not so Dumb to live in Newmarket!

The city that produced Jim Carrey, John Candy, and Connor McDavid, offers clean, fresh air, safe streets, plenty of nearby recreational centres for tennis and hockey along with modern shopping centres just a short drive away.

Despite constraints on development, Newmarket is a fast growing city and as expected, is feeling its growing pains.  It will soon provide the best York Region has to offer.  The Go Train Service to Toronto is opening up this region for those who must work in downtown Toronto.

For nature and recreation/relaxation lovers, a beautiful park system makes weekends a very special time. And the new lake to lake bicycle route is currently being built from Toronto up through Newmarket to Keswick is quite an exciting development for the thousands of cyclists in Ontario’s cycling capital. Mountain bikers don’t have far to go for a thrilling ride either, including the Durham Forest just southeast of Newmarket/Aurora.

Average Price for Newmarket New Homes

A visit north to our region will give you plenty of new home construction developments in Aurora and Newmarket to view. The forecast for sales and growth in this region are still strong despite the government stress test.   Take a look at the Aurora real estate market forecast.


New Housing Developments in Aurora and Newmarket

Sundial Homes latest development is right next to Upper Canada Mall on Davis Drive in Newmarket. Below is the site plan. Given how fast homes and townhomes are sold in York Region, this development should be sold out quickly. Definitely visit their website for more details and to see some spectacular interior designs and amenities on these townhomes for sale.

Picture courtesy of Sundial Homes
Picture courtesy of Sundial Homes

hmwsmallLakeview Homes and Andrin Homes are combining to build hundreds of new houses and townhomes on the west side of Newmarket. The location is on the former site of the Glenway Golf Course. Andrin has announcing construction of a collection of Detached Homes and Bungalows on 50′ Lots, as well as 2-Storey Townhomes and 3-Storey Urban Townhomes.

The location is excellent, adjacent from Bathurst St and Highway 9 (Davis Drive) which means it’s a few minutes from Upper Canada Mall. On the eastside, the Copper Hills development is nearing completion.  There are lots and homes being constructed as you’ll see in the picture gallery below.

The area to west on the other side of Bathurst is green space with excellent hiking trails. And you’re just a minute from the Holland Marsh, Ontario’s vegetable garden. The Holland Marsh Winery is close by so ensure you take an evening out for a wine tour.

The High R Value, reflective foil insulation used in these new homes shows the Glenway Living builders are pulling out all the stops to provide a home that is clearly a cut above others offered elsewhere.

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Copper Hills from Preston homes in Newmarket is a massive luxury home development located just south of Mulock in between Leslie St and highway 404.  It’s a few years old yet the homes are still like new and many are on the resale market.  It is laid out in a series of swepping, rolling streetscapes on 135-acre parcel of land.  The site plan is composed of 5 concentric circles which lends a sense of harmony to the neighbourhoods.  The final phase 4 is almost complete. You can see the home details at the website.

Homes for sale in Copper Hills Neighbourhood

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Copper Hills sales centre at 1035 Poppy Lane, Newmarket, ON

In the mood to see a gallery of beautiful homes in Aurora? Aurora is the upscale section of the region and although it lacks the convenience location of the new homes being built, the mature and quieter neighbourhoods make it more attractive to some buyers.

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New Homes for Sale in Aurora

New Construction in Aurora – Luxury Living

Aurora is a beautiful town set on a small parcel of land in between Bathurst St to the west and Highway 404 to the east. With not much land to develop for new construction projects, the prices of new homes for sale in Aurora and Newmarket are set to rise.

As you’ll see in these photos below, there beautiful new homes for sale, either through builders such as Mattamy Homes, Lindvest Developments, Opus Homes, or Brookfield Properties. And please do visit their presentation centres in town in Aurora and then check out new homes for sale in Newmarket too.


The forecast for home prices in Aurora is that they will increase.



Timberlane by Brookfield Homes

Yet another development in Aurora is on the site of the former Timberlane Athletic Club on Van Dorf Sideroad (Near Yonge St). This new development by Brookfield Homes will be a gated community offering 56 detached bungalows and 2 storey residences on 50′ properties. These Aurora luxury homes start at $1.3 million.


Glen Ridge Estates in Aurora South

Fairgate Homes and Opus Homes are in the process of construction of Glen Ridge Estates, an opulent lush neighbourhood in the south end of Aurora. These upscale luxury homes will be modelled after French Chateaus, with each estate is available on a 50’ or 60’ lot, as either a bungalow or a two-storey home, ranging to more than 5,000 sq ft.

This is what the land looks like right now. How’s this for a place to call home?



Just down Yonge St a few hundred yards is another gated community of mega sized homes is being completed.


Highland Gate in Aurora

Clublink Corporation and Geranium Corporation are redeveloping the former Highland golf course lands with 184 single detached bungalow and 2 storey homes on 50’ and 60’ lots. Local residents have taken the developer to court and are causing a delay in construction.

This neighbourhood is mature and beautiful and the about 19.5 of the 41 hectares is proposed to be parks, open space or otherwise won’t be developed.

Mattamy Homes

Mattamy Homes is just finishing its phase II development on St John’s sideroad in North Aurora called St John’s Forest. You’ll find quite an array of luxury homes and townhomes here with more coming. Prices vary, but expect to be in the upper 800,000’s to 2 million dollar+ range for most. Mattamy as well as Lindvest Properties in a neighbouring development south of here, are showcasing the latest in modern styling (reminiscent of new homes in Calgary area) with beautiful stone facades and roomy layouts. Yes, there are plenty of monster homes in Aurora, Ontario.


Mattamy phase 2 is sold out.


Beautiful Interior on home in St John’s Forest


Opus Homes subdivision is off of St John’s sideroad close to Leslie St. You can view their full selection of monster luxury homes on their website.  Unfortunately, the Aurora Trails development is officially sold out.

Beautiful interiors really set them apart



And the spacious, elegant interiors of custom built homes are hard to match

Screen Capture courtesy of Opus Homes



Lindvest Developments is building a new house and townhouse development off of Leslie St, just south of St John’s sideroad. Their upcoming Aurora Glen Estates phase 3 will offer a collection of contemporary townhouse designs.

lindvest-salescentre-aurora  brookfield-thearbors-unfinished brookfield-thearbors-undeveloped-neighbourhood brookfield-thearbors-undeveloped2

Not to be outdone, are the new townhouse developments by Brookfield Properties. You’ll find them just off of Leslie, and south of St John’s Sideroad. This region is massive with a lot of homes and townhouses. Unfortunately, there are no condos being built.


brookfield-thearbors-aurora brookfield-thearbors-aurora3 brookfield-thearbors-aurora2

If townhouses are what you’re looking for, the upcoming Time Village development off of Wellington St on Yonge St may be worth a look.


Take a drive up to Aurora and check out the variety of beautiful homes and neighbourhoods yourself.  Whether it’s new construction homes and townhomes on the east side, or resale properties on the west side, you’ll be delighted at the thought of living in Aurora.  The homes, such as the ones for sale above are beautiful. The builders are definitely getting it right with their new construction offerings.

If you’re in the market for a home in Aurora or Newmarket, please send me a message in the form below. I can refer you to a wonderful realtor who can help you find the dream home you want.

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New Homes In Bradford West Gwillimbury – New Construction Developments

New Contruction Homes in Bradford West Gwillimbury

bradford-dreamfieldssignNo town or neighbourhood in the GTA has gone through the level of dramatic changes that the Bradford Ontario area has in the last 6 years. Growth in population, commercial enterprise, and neighbourhoods on the west side along highway 89 has been astonishing and it’s earmarked for more.

Bradford West Gwillimbury is a exciting new place to live offering all the modern amenities and the quiet and clean air of the rural Simcoe County countryside. If houses for sale in Newmarket or luxury homes in Aurora and Vaughan are too expensive, Bradford Ontario might be the affordable, clean oasis you might enjoy.

Its laid back farming spirit remains despite the all the development in the town nearby. The town’s proximity to Highway 400 and Lake Simcoe make it a very desirable and convenient location for those who want the best living possible north of Vaughan and York Region.

Both Bradford West Gwillimbury and East Gwillimbury are undergoing tremendous growth and its brought profound changes in the town’s atmosphere, livability, and opportunities. East Gwillimbury will see more than 7,000 homes constructed over the next 9  years with 800 being delivered in 2016. BWG encompasses a large area that includes the villages of Bond Head and Tecumseh.

Photo courtesy of Holland Marsh Winery

Bradford is located on the north shore of Holland Marsh which has been Toronto’s vegetable garden for more than a hundred years. It’s culture has been much that of a quiet dutch farming settlement where time passed very slowly.

The Holland Marsh itself is a former lake bed which dried up and left incredibly fertile soil where everything from carrots to grapes are grown. Every year, thousands of Mexican farm labourers migrate here for the growing season. As food prices have risen, so has the prosperity of this small, unpretentious town.

It is a rural region and yet professional management of the watershed and natural environment by the town and the home developers has made it much better.

The Bradford Recreation Centre is an amazing sports facility. I’ve been a member there twice and enjoyed working out and using the indoor trick and basketball courts. There’s a huge swimming pool and 2 hockey ice rinks.

The Bradford / West Gwillinbury and East Gwillimbry region is much in demand for residential property. It’s a beautiful natural area, especially along the Holland rivers.

Admittedly, this demand for houses is creating urband sprawl urban sprawl from York Region, Vaughan and Toronto.  Bradford is north of the politically sensitive Oakridges Moraine designated green belt region, and there is plenty of scrubland here for development. That freedom has spawned huge new housing developments south and north of Holland Street.

uppercanadaIf you’re wondering whether Bradford WG is the right place for you and your family, you’ll be delighted with you’ll see. Along with the new homes being built is a commercial retail corridor that offers every type of product and service you could want from dining to medical services and auto repair. If fashion is what you thirst for, you won’t be far from the largest fashion mall in Northern York Region, the Upper Canada Mall in Newmarket and a short driver away from Vaughan Mills Shopping Centre.

How about Home Prices in Bradford West Gwillimbury?

Most homes sold here are detached houses with a median price of $615,000 which is considerably less than the $1.2 million average of nearby Aurora. Although homes take much longer to sell, they almost certainly will be sold.

Screen cap courtesy of TREB





New Home Builders in Bradford West Gwillimbury

There are a number of builders active in the greater Bradford West Gwillumbury area with several new developments proposed.

Proposed Developments

Sunrise Homes and Fortress Real Developments are joining up to build a 119 unit single-detached housing development in the Bond Head which is within the Town of Bradford West Gwillimbury

National Homes has its Phase 2 development called the Forest.

Homes in Construction or Newly Completed

Regal Crest is continuing its development called Dream Fields, of which I have photos of below.

National Homes has its Phase 1 development called The Forest

Lormel Homes has a current development called Horizon

Westin Homes has 2 developments called Centerville  and Westbrook 4

Brookfield Homes has its development Grand Central Bradford in construction

Great Gulf Homes has its Summerlyn Village Development heading toward completion.

Bayview Wellington Homes has its Green Valley Estates development.

Homes in Bradford West Gwillimbury

Let’s take a look at some of the beautiful homes built and in construction here in Bradford.





Looking for new homes in Aurora, new homes in Newmarket or new homes in Richmond Hill? Check out the galleries and learn more about the communities and the opportunities you might enjoy in them. The forecast for Aurora real estate and Newmarket real estate sales is for continued sales and prices. Finding a good real estate agent to help you is wise.

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