300 Macdonald Realty agents gather for annual conference

VANCOUVER, B.C., Canada – (October 2, 2016) – Macdonald Realty hosted 300 of their top real estate agents from around BC at their annual Agent Conference at the Hilton Vancouver Metrotown in Burnaby. The keynote speakers were Lindsey Smith and Kirsten Faverin of CIR Realty in Calgary who presented 6 Ways to Transcend the Transaction and build life-long client relationships. CIR Realty, alongside Macdonald Realty, are members of Leading Real Estate Companies of the World® (LeadingRE), a global network of more than 500 high quality independent real estate firms. Bryan Yu of Central 1 Credit Union provided an economic forecast with special attention paid to the Greater Vancouver, Victoria and Kelowna markets. Our CEO and President, Lynn Hsu opened the morning session with highlights of the future of the brokerage and the upcoming changes and new offering for our real estate advisors in the upcoming year and a memorable speech on the quality of advisors we currently have in our roster.

The day also included break out sessions on commercial real estate trends, how property management changes impact investor clients, an explanation of the proposed changes to dual agency by our managing broker panel, and actionable social media tips for the busy Realtor.

The conference was attended by both residential agents and commercial brokers from Macdonald Realty’s 20 offices across BC including Kelowna, Victoria, Parksville, Squamish and from around the lower mainland.  To join our real estate team and take part future Macdonald Realty learning events, visit www.careersinvancouverrealestate.com

 

About Macdonald Real Estate Group
Based in Vancouver, Canada, Macdonald Real Estate Group (MREG) has an annual sales volume of $8.9 billion and over $2 billion in assets under management.  With 20 offices and nearly 1,000 staff and REALTORS®, MREG offers a full range of real estate services, including residential and commercial brokerage, property and strata management, project marketing, and the MREG Canadian Real Estate Investment Centre in Shanghai, China.  Macdonald Realty is the residential division of Macdonald Real Estate Group. For more information, visit www.macrealty.com.

MoneySense names top 5 Victoria neighbourhoods to buy real estate

No. 1 wins for scenic views and proximity to downtown.

moneysensevictoriaIn April 2017 MoneySense.ca  selected their top Victoria neighbourhoods to buy real estate.

By the end of last year, the benchmark price had grown almost 24% for a single-family home in the Victoria area. According to Victoria’s Real Estate Board, this spike in sales price is due, in part, to dwindling listings. Listings were down 41%, when compared to 2015, even as the number of sales last year broke new records for this west coast city. As a result, buyers looking for a home in the Greater Victoria Area are beginning to look further afield.  Read the rest of the article here. 

We’ve rounded up homes for sale in each of these Where to Buy neighbourhoods to make it easy for you.

The top 5 Victoria neighbourhoods for buyers, according to MoneySense are:

  1. Sidney South-East, Sidney

  2. Saxe Point, Esquimalt

  3. Sidney North-East, Sidney

  4. Estevan, Oak Bay

  5. Uplands, Oak Bay

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in your area.

Top 15 South Fraser River neighbourhoods to buy real estate from MoneySense’s Where to Buy report

Million-dollar communities have more to offer than just price appreciation.

moneysensefraserIn April MoneySense.ca produced their annual list of Where to Buy South of the Fraser River neighbourhoods.  We’ve rounded up homes for sale in each of these Where to Buy neighbourhoods to make it easy for you to find your next home.

The top 15 South Fraser neighbourhoods for Buyers, according to MoneySense are:

  1. Brookswood, Langley

  2. Walnut Grove, Langley

  3. Aldergrove, Langley

  4. Guildford, Surrey

  5. Fort Langley, Langley

  6. Langley City, Langley

  7. Willoughby Heights, Langley

  8. Cloverdale, Surrey

  9. Fleetwood Tynehead, Surrey

  10. West Newton, Surrey

  11. Murrayville, Langley

  12. North Surrey, Surrey

  13. East Newton, Surrey

  14. South Surrey White Rock, Surrey

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in the area of your choosing.

Read the rest of the MoneySense article here. 

Real Estate Investment Story | Backyard Vineyards

Meet Michelle Yang, co-owner at Backyard Vineyards in Langley B.C.  Michelle shares her story as a new partner in the winery, learning the wine business, and how her REALTOR® was able to guide her through the process.

To meet a professional realtor in your area visit macrealty.com

 

About Backyard Vineyard:

With a name as true as its location, Backyard Vineyards evokes neighbourhood comforts and a welcoming environment. Top this off with their exceptional wines and well-crafted tasting room for a must-see the next time you take a jaunt through Langley. Backyard Vineyard’s effort of using 100% BC grapes allows them to take their name to heart of loving the landscape of the region and province. Focusing on quality helps their winemaker James Cambridge and the owners express the intricacies of the varietals they carry, as well as the ability to experiment to find their award-winning portfolio.

Visiting this vineyard is a treat, from their large inviting tasting room to their outdoor picnic area there is plenty of space to enjoy a taste and tour. With some grapes grown at this vineyard and others sourced from the Fraser Valley and Okanagan, there is something to please all palates.

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Backyard Vineyards – 3033 – 232nd Street, Langley, BC

What are the Top 25 Greater Vancouver neighbourhoods to buy real estate according to MoneySense?

Yes, good value real estate is possible in Vancouver.

moneysensevancouverIn April 2017, in their annual Where to Buy Now coverage MoneySense.ca selected their top Greater Vancouver neighbourhoods to buy real estate to see the best return on investment.

What’s a buyer to do? The best way is to buy based on solid fundamentals. In real estate this means finding good-value neighbourhoods that offer a good chance of continued momentum in the future. That’s not easy in a hot market, but this year’s Where to Buy Vancouver list shows it is possible.   Read the rest of the article here. 

We’ve rounded up homes for sale in each of these Where to Buy neighbourhoods to make it easy for you.

The top 25 Greater Vancouver neighbourhoods for Buyers, according to MoneySense are:

  1. Cedardale, West Vancouver

  2. Port Moody Centre, Port Moody

  3. Lower Lonsdale, North Vancouver

  4. Pemberton NV, North Vancouver

  5. Glenmore, West Vancouver

  6. Glenayre, Port Moody

  7. River Springs, Coquitlam

  8. Cypress Park Estates, West Vancouver

  9. Edmonds BE, Burnaby

  10. Meadow Brook, Coquitlam

  11. Cape Horn, Coquitlam

  12. Hastings, Vancouver East

  13. Horseshoe Bay WV, West Vancouver

  14. Burke Mountain, Coquitlam

  15. Norgate, North Vancouver

  16. Eagle Harbour, West Vancouver

  17. Sapperton, New Westminster

  18. Ambleside, West Vancouver

  19. Mountain Meadows, Port Moody

  20. Steveston Village, Richmond

  21. Queensbury, North Vancouver

  22. Renfrew VE, Vancouver East

  23. Mount Pleasant VE, Vancouver East

  24. Windsor Park NV, North Vancouver

  25. Westwind, Richmond

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in the area of your choosing.

Macdonald Realty nominated for Top Luxury Brokerage Award

VANCOUVER, B.C. – (March 28, 2017) –   Macdonald Realty was nominated for the Luxury Portfolio International® Top Luxury Brokerage Award, presented for overall engagement in Luxury Portfolio; embracement of tools, meetings, events, advertising and brand usage; and outstanding marketing strategy in the discerning market of affluent buyers and sellers.  They were nominated with Slifer, Smith & Frampton Real Estate of Colorado and, the winner, Houlihan Lawrence Real Estate of New York. The award was presented during the Leading Real Estate Companies of the World™ Conference Week, a series of events that drew an impressive audience of 2,000 real estate professionals from 25 countries.  The conference took place at Fontainebleau Miami Beach earlier this month.

Macdonald Realty's Luxury Home Marketing Team of Alyssa Mori and Rosey Hudson at the Luxury Portfolio Summit in Miami Beach.

Macdonald Realty’s Luxury Home Marketing Team of Alyssa Mori and Rosey Hudson at the Luxury Portfolio Summit in Miami Beach.

Affiliates of Luxury Portfolio market high-end homes to affluent consumers worldwide through the network’s strategic marketing program, including the award-winning website Luxuryportfolio.com, which marketed over 50,000 luxury homes to over three million high-net-worth visitors last year and featured a total inventory of available properties exceeding $54 billion.

Macdonald Realty is the largest British Columbia representative of LeadingRE (www.LeadingRE.com). With a global membership that spans six continents, LeadingRE connects more than 550 firms and 130,000 sales associates who produce over 1.2 million real estate transactions each year. As a member of LeadingRE, Macdonald Realty provides a quality real estate experience, global marketing reach and access to top real estate professionals in virtually any market worldwide.

Since 1944, Macdonald Realty has been helping British Columbians make some of the biggest decisions of their lifetime during real estate transactions. Beyond their dedicated team of nearly 1,000 residential real estate professionals operating in 20 offices across BC, they are also Western Canada’s largest integrated real estate firm who’s services include residential sales; commercial sales and leasing; project marketing; property and strata management; mortgage services; and luxury home marketing.

For more information about Macdonald Realty, please visit macrealty.com

# # #

About Macdonald Real Estate Group:
Based in Vancouver, Canada, Macdonald Real Estate Group (MREG) has an annual sales volume of over $8 billion and over $2 billion in assets under management.  With 20 offices and nearly 1,000 staff and REALTORS®, MREG offers a full range of real estate services, including residential and commercial brokerage, property and strata management, project marketing, and the Canadian Real Estate Investment Centre in Shanghai, China.  Macdonald Realty is the residential division of Macdonald Real Estate Group. For more information, visit www.macrealty.com.

North Vancouver home featured on Love It or List It hits the market!

Looking for a stylish starter home in North Vancouver?  This new listing from Bri Ragona of Macdonald Realty was featured on HTGV’s hit show Love It or List It and in Style at Home magazine.  It proves the old adage that good things come in small packages and will make a stunning place to call home for a lucky buyer!  Stop by the open house this weekend to see it in person – Saturday and Sunday, March 18th & 19th, 2-4 PM.

457 E 11th Street, North Vancouver  |   View the MLS® listing #R2146302 here.

List Price: $1,498,000  |  Bedrooms: 3  |  Bathrooms: 1  |  Living Space : 2,588 sq ft  |  Lot Size: 36 x 147 (5,292.00)

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This charming 1912 character home is located in desirable Central Lonsdale.

The gorgeous open concept main floor has engineered hardwood throughout.

 

Enjoy stunning navy blue kitchen cabinets with sparkling white quartz countertops. High end stainless steal appliances including 36″ gas range and an additional oven.  Solid home – over 200K spent in upgrades.

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 Family room off kitchen with gas fireplace and custom built ins.

 

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1 bed on main floor and 2 large bedrooms up.

 

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The brand new 24×15 ft cedar deck is  perfect for entertaining and overlooks a large backyard.

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457 E 11th Street, North Vancouver  |   View the MLS® listing #R2146302 here.
Listed by Bri Ragona, Macdonald Realty Ltd., 604-783-0627  www.briragona.com

Read designer Jillian Harris’ LOVE IT OR LIST IT take on this old charmer’s miraculous update over on her blog jillianharris.com

Macdonald Realty listings get extra exposure on international website LeadingRE.com

 PrintMacdonald Realty offers consumers an easy way to search home listings and identify top real estate firms in markets worldwide through its participation in the new LeadingRE.com.

The site also brings global exposure for our BC real estate listings and provides consumer resources, such as cost of living comparisons, school information, recent home sales and other local resources and statistics. LeadingRE.com can be accessed via macrealty.com by clicking the Global Home Search logo on the homepage.

“LeadingRE.com now provides home buyers and sellers an easy way to identify the top-performing real estate companies in a given market by searching over 400,000 member listings or by using our comprehensive member directory,” notes Leading Real Estate Companies of the World Director of Strategic Development Rhett Damon. “Our network linking strategy connects many of our high-traffic member sites to LeadingRE.com’s national or global search, providing valuable listing exposure to home sellers.”

 

LeadingRE-homepage-2017

 

 

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For more information about Macdonald Realty and our LeadingRE partnership please email macrealty@macrealty.com or call 1-877-278-3888.  Looking to buy or sell, locally or globally?  Allow us to make a quality introduction to be matched with an independent brokerage and REALTOR® working in your area.

Quality | Connections | Independence

PrintMacdonald Realty is a member of Leading Real Estate Companies of the World™, a global community of real estate companies awarded membership based on rigorous standards for service and performance.

This LeadingRE distinction ensures that you can count on a quality real estate experience when working with us and will benefit from our global connections to buyers and high quality real estate professionals around the world.

 

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Macdonald Realty opens boutique offices in Sidney and Sechelt

Macdonald Realty has opened two new locations, the first in Sidney on Vancouver Island and the second in Sechelt on the Sunshine Coast.  These boutique offices join the province-wide network of 20 offices operated by Macdonald Realty, a B.C. owned and operated brokerage with a 70 year history of service and excellence.

“We’re focused on serving British Columbians in communities of all sizes” says Jonathan Cooper, Vice President, Operations. “Smaller offices like Sidney and Saanich, led by strong local REALTORS®, have become an important part of Macdonald Realty’s growth strategy over recent years.”

In Sidney, the new office opened with six agents and was spearheaded by Chace Whitson, a multiple MLS® Gold Award winner who has been with Macdonald Realty since 2013.  “Having our large office in Downtown Victoria, and now one in Sidney, allows us to serve our clients better across the whole region,” says Whitson. “Our affiliation with Luxury Portfolio International® gives our high-end clients a unique opportunity to market their home to the luxury elite across the globe, something that no other Victoria brokerage can offer.”

The Sechelt office is the result of a meeting between Managing Broker Patricia Place and Medallion Club REALTORS® Barbie Whitworth and Shay Moudahi who decided to switch their office to Macdonald Realty after being attracted by the company’s strong leadership, systems and brand positioning. “The new office is opening at just the right time with the Sunshine Coast market really heating up,” says Place, a part-time Sunshine Coast resident herself who also manages the company’s Squamish, West Vancouver and North Vancouver locations.  

Macdonald Realty Ltd. – Sidney | 2411 Bevan Avenue, Sidney, BC  V8L 4M9  |  Office: 778-426-2262

Macdonald Realty Ltd. – Sechelt | #3 – 5764 Wharf Road, Sechelt, BC  V0N 3A0  |  Office: 604-747-2222

[Read more…]

Macdonald Realty sponsors InspiredHealth cookbook

We are delighted to announce the beginCMYKorangeIHvectorning of a new charitable partnership between Macdonald Real Estate Group and InspireHealth, a local not-for-profit supportive cancer care organization with centres in Vancouver, Victoria and Kelowna.  They provide important programs and services to enhance quality of life, health and well-being of people living with cancer and their families.

Macdonald Real Estate Group has signed on to be the presenting sponsor of InspireHealth’s new cookbook ‘Inspired Cooking‘ featuring 50 exclusive recipes from 20 of Canada’s top chefs including BC’s Vikram Vij (Vij’s Restaurant Group), Ned Bell (Yew at Four Seasons Hotel), Warren Barr (The Pointe Restaurant at Wickaninnish Inn), James Walt (Araxi) and many more.

Last year, InspireHealth welcomed more than 2,400 new members, provided 2,000+ classes and more than 25,000 patient visits – all completely free of charge.  This InspiredHealth cookbook is an important fundraising venture and we are so proud to be a leading sponsor of this project. Watch for the cookbook is stores this holiday season and if you wish to make a donation to the project you can ​visit their Kickstarter page here. 

 

BNN interview about tax evasion in B.C. real estate market

B.C.’s finance minister, Mike de Jong, urges Canada Revenue Agency to “diligently” enforce the law following a report that speculators are flipping homes in B.C. without paying tax. Business News Network (BNN) invites Jonathan Cooper, Vice President of Operations at Macdonald Real Estate Group to share his opinions.

Tax evasion in B.C. real estate market happening but rare

(To view the video on mobile devices, please click here for direct play on BNN.)

 

About Macdonald Real Estate Group
Based in Vancouver, Canada, Macdonald Real Estate Group (MREG) has an annual sales volume of over $7 billion and over $2 billion in assets under management. With more than 20 offices and nearly 1,000 staff and REALTORS®, MREG offers a full range of real estate services, including residential and commercial brokerage, property and strata management, project marketing, and the MREG Canadian Real Estate Investment Centre in Shanghai, China. Macdonald Realty is the residential division of Macdonald Real Estate Group. For more information, visit www.macrealty.com.

Condos in Downtown Vancouver

The residential areas of Downtown Vancouver comprise 3 main areas:

  1. Yaletown – which borders the north side of False Creek and much of it originally was developed by Concord Pacific after the Expo 86 World’s Fair;
  2. Coal Harbour – which is the strip of newly developed condos north of West Georgia Street and West of Burrard Street; and
  3. The West End – which comprises the downtown core and west of Burrard Street.

It seems that the new 15% tax on “foreign” buyers has had very little impact on this market, especially with condos where the asking price is under $2 million.  There are many reasons for this:

  • Only 1-5% of the buyers in this segment traditionally have been “foreign”;
  • More and more “empty nesters” from the West Side of Vancouver sell their homes after their children have moved out and downsize by moving downtown and retire on the capital gains earned by selling their detached homes;
  • The buyers are from all backgrounds: local retired people, young singles and married couples (usually with no children or with small families), Chinese immigrants, Koreans, Iranians, Americans, Eastern Europeans, Middle Easterners, etc. In other words there is strong demand from all segments of the market;
  • There seems to be increasing interest in this area from “foreigners” from the USA, typically young hi-tech professionals from San Francisco and San Jose, and older couples from Seattle and Los Angeles, all of them attracted by the diversity, safety, cuisine, scenery and recreational opportunities downtown Vancouver has to offer.
  • Being close to the Central Business District is extremely convenient for the tens of thousands of professionals of all kinds who work downtown.

What’s so special about the Downtown core of Vancouver?  Well, it depends on the specific neighbourhood:

[Read more…]

Are Prices Down, or Not? Average Price vs. Benchmark Price

Why are some articles saying prices are going down, and others saying that for the same product category, they’re not? How is that even possible? Whenever you read real estate reports, it is important to understand how the data used is interpreted by the author. With the high price points of Vancouver’s heated real estate market, conversations about predicting where property values will go next seems to have become a daily conversation wherever we go. In this video, I discuss the difference between the two common ways of measuring price points: Average Price vs. (HPI) Benchmark Price.

 Are prices down, or not? Two ways to measure prices.

When looking at activity for a given period of time, the Average Price per unit is exactly that – an average of all of the sales for that period within a certain market segment.

[Read more…]

Macdonald Realty nominated for HGTV’s Ultimate House Hunt 2016

It is time for HGTV.com’s Ultimate House Hunt once again!

This year Macdonald Realty is nominated in the Best International Home category for a spectacular Three-Level Penthouse in Vancouver, Canada.  This is the category we won last year for The Sanctuary, a luxury home we listed and sold in Squamish B.C.

spectacular Three-Level Penthouse in Vancouver

SENSATIONAL TROPHY VANCOUVER PENTHOUSE – Atop a 32 storey skyscraper this three level sky mansion sprawls over 6,000 square feet of living space and 1,700 square feet of terraces. Outstanding first impressions from the direct elevator access leading to a grand living room featuring soaring 16 foot ceilings, panoramic English Bay views and a grand curved staircase. Master boasts gas fireplace, large steam shower and a two person jetted tub situated mid room. Main level offers second master suite with fireplace and numerous built-in cabinets. Bespoke chef’s kitchen with 48 inch Décor six burner range, numerous built-in ovens and appliances anchored by huge granite island and access to 700 square foot terrace with fireplace and built-in Viking BBQ. Family room with grand wet bar, air conditioning, concierge and six-car private garage. LP $7,838,000

Macdonald Realty nominated for HGTV luxury home contest

Tour amazing homes across the globe, vote for your favourites, and enter for your chance to win a $10,000 cash prize! And remember you can vote for your favourites once a day. Follow the instructions below to vote for Macdonald Realty’s Nominee for HGTV’s Ultimate House Hunt 2016:

Step 1: Tour the homes in the category.
Step 2: When you’ve found your favorite, click “I’m Ready to Vote.”
Step 3: Choose your favorite by clicking “Vote.”
Step 4: Click “Continue to Next Category” to tour more homes.

Click here to vote.

Vote for HGTV's Ultimate House Hunt 2016

B.C. takes aim at shadow flipping in the real estate market

Business News Network (BNN) speaks with Jonathan Cooper of Macdonald Real Estate Group on the BC government’s new regulations aimed at what is called “shadow flipping”. While the aim is to further protect sellers in residential real estate transactions, just how much of an effect will this move have on the hot housing market?

Click the video to watch.

(To view the video on mobile devices, please click here.)
[Read more…]

Macdonald Realty sponsoring Maple Ridge Home Show

Our Maple Ridge office is sponsoring the Ridge Meadows Home Show this weekend,  and providing  shuttle service from the Albion Sports Complex parking to Albion Fairgrounds event space.  Say hi to our team driving the golf carts!

Shuttle service at Maple Ridge Home Show

 

HOME SHOW: ‘Wheely’ good fun on tap in Maple Ridge this weekend

Source:  Maple Ridge & Pitt Meadows Times

Feeling sporty this weekend?

Then head down to Albion Fairgrounds where you can take in high-flying BMXers and bubble ball soccer demos during the Ridge Meadows Home Show.

There’ll be high flying action in the corral, as some of the top-ranked riders in the world take bring big air jumps and half pipe demos to the home show.

This is a get-active “try it zone” with bicycles and safety gear provided and patrons encouraged to give the sport of BMX a try.

There will also be a scooter course for scooter enthusiasts.

Returning to the fairgrounds this weekend is the Action Sports Extreme Stunt Show.

Sponsored by Macdonald Realty (which also provides a shuttle service from the Albion Sports Complex to Albion Fairgrounds during the weekend), and presented by Maple Ridge Cycle, Ridge Meadows BMX, Big Steel Box, Timberline Ranch, and The Creative Ride, the stunt show is always popular.

The Stunt Show:

• Friday at 7 p.m.,

• Saturday at 11 a.m. and 4 p.m., and

• Sunday at 11 a.m. and 2 p.m.

From its formative years in the early 1970s to today, BMX is still flourishing.

“If it wasn’t for these people doing [jumps and racing] I wouldn’t have gotten into this business,” said Troy Scott, the owner-manager of Maple Ridge Cycle, which is helping present the stunt show.

“Dirt jumping has always been exciting – that’s why my shop’s been around so long. A lot of the stuff we sell are involved with these types of [BMX] bicycles.”

Scott said BMX’s staying power remains strong, in a world where most kids are drawn to computers and iGadgets.

“It [BMX’ing] competes with iPads and iPods,” Scott said. “When parents get Christmas lists and bikes are in front of iPads – you don’t see that very often anymore.”

The passion for BMX locally is part of the reason why this showcase returns each year to the home show.

“We need something for the kids and grandkids to do while parents are looking at renos,” Scott said.

Since it’s an outdoor display, “Mother Nature plays a big part in it,” Scott said.

Former professional BMXer Nate Berkheimer plays a big role in the BMX show.

Berkheimer, who has more than two decades of BMX experience, made several dirt jumping finals at the Dew Tour.

The Maple Ridge resident competed professionally in both racing and freestyle (stunt riding).

“Nate has a lot of his guest riders come out and they put on a good show,” said Travis Franklin, who along with fellow realtor John Johnson helps organize the shuttles and stunt show on behalf of Macdonald Realty.

“They do stunts, back flips… everything on the ramps. It’s quite exciting to watch.”

Meanwhile, for little ones anxious to try bike riding, check out Tykes for Tots.

Bubble soccer

For soccer fans, West Coast Auto Group Football Club (WCAGFC) is bringing a unique twist on the “beautiful game” to the home show.

Bubble soccer demos will be happening throughout the weekend.

According to Bubble Soccer Vancouver, players are outfitted in “zorb-like inflatable bubble suits” which keep them safe “as they roll around, flip right over and collide with each other – all while trying to score goals.”

WCAGFC offers its own bubble soccer programs for U8 players right up to adults (visit westcoastfc.ca/Bubble_Soccer).

“People have a chance to give it a go,” WCAGFC executive director Misty Thomas said. “It’s exhausting, actually, to play it. It’s quite active and mostly people spend a lot of energy laughing. As we keep saying, it’s one of the few sports where spectators can actually have as much fun as the actual participants.

Watching bubble soccer is hilarious.”