Luxury Homes Collection Magazine Spring 2017

The new season brings us a fresh new offering of Macdonald Realty luxury homes. We have a bright outlook for 2017 with our CEO Lynn Hsu providing our front line remarks on the market and our outlook.

We are delighted to present our spring edition with our cover feature from Bowen Island, a wonderful West Coast retreat perfectly situated to take in the gorgeous views and Zen atmosphere of the quiet landscape.

In this edition, in conjunction with our affiliate partners Luxury Portfolio International®, their MarketPulse® article gives a round up of wine regions of the world to invest in. From Oregon to South Africa, these are new market interests for investors and owners seeking a burgeoning market or new way of life. British Columbia’s own Okanagan Valley is included, where there is ripe opportunity for someone looking for a new venture or adventure.

click magazine cover to view

click magazine cover to view

Have a browse of our edition and enjoy the beautiful landscapes and properties from around the province.

CLICK HERE to view the digital edition on your computer or tablet

Luxury Homes Collection Magazine Winter 2016

The winter edition of the Luxury Homes Collection Magazine features some exceptional homes from across British Columbia that are part of the Macdonald Realty Luxury Program. With a diverse collection of properties, from downtown Penthouses to island waterfront cabins there is plenty to see.

Featured in this edition is a message from the President of Luxury Portfolio International®, Paul Boomsma, our network affiliate partner on the global brand. Their LuxeTrends® gives us a look into the future of exploration, innovation and relaxation, with touchscreen fridges and underwater resorts.

Winter 2016 Luxury Homes Collection Magazine

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Gracing our pages this edition are some beautiful locations, with stunning views of the Okanagan vineyards, Georgia Strait beaches, and Squamish mountain ranges. Our cover story denotes the growing luxury properties in the Squamish Valley with 10 properties featured from the region. The Sea-to-Sky corridor is fast becoming a haven for city escapers, first time homeowners and outdoor enthusiasts looking to find affordable luxury and plenty of gorgeous scenery. You can always see our latest luxury property listings online at luxuryhomescollection.ca 

Click Here to View the digital edition on your computer or tablet

Luxury Homes Magazine summer 2016 edition

This summer edition of Macdonald Realty’s Luxury Homes Collection magazine is our largest edition to date and features more luxury listings than ever before! A sure sign of the record breaking spring that real estate markets across British Columbia have been experiencing this year.

Our cover home 530 Eastcot Road is a $6.988 million dollar property in British Properties, West Vancouver. The epitome of modern Italian elegance with over 8000 sq ft of indoor living space, and gorgeous outdoor vignettes await the buyer of this luxury property.  We also feature an $18 million dollar heritage mansion in Shaughnessy, a $14 million dollar two-level suite in Three Harbour Green at Coal Harbour, and spectacular custom built homes in the red hot market of Squamish.

Summer 2016 Luxury Homes Collection magazine

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Looking for your own piece of B.C.’s stunning waterfront? We have luxury waterfront properties for sale in Victoria, Nanaimo, Pender Island, Galiano Island, Salt Spring Island, Bowen Island and the Okanagan included in this edition of the Luxury Homes Collection magazine.  You can always see our latest luxury property listings online at luxuryhomescollection.ca 

Think Pink! with the return of our B.C. Wine Feature which shines a spotlight on the best VQA rose wines including 2015’s from Fort Berens, Clos du Soleil and Joie.

Click here to view the digital edition on your computer or tablet.

Loonie Driving American Home Buyers Interest in BC

Jonathan Cooper, Vice President, Operations of Macdonald Real Estate Group, was on Business News Network (BNN) speaking about the pick-up in American home buyers in BC and how the loonie has been driving that interest.

Click the video to watch.

Greater Victoria Real Estate Market Statistics – February 2016

Here are the latest real estate market statistics from Macdonald Realty on Vancouver Island and Greater Victoria listings and sales in February 2016.

Greater Victoria

In February 2016, there were 378 sales of single family homes and 659 active listings in Greater Victoria. The benchmark sale price was $537,200 with an average days on market of 39. The hottest market for sales was Saanich East with 86 sales followed by Langford with 59 sales. There were also 21 sales and 177 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 207 sales, 504 active listings at the end of the month. The benchmark sale price was $312,200 with an average days on market of 55. The hottest market for sales was Victoria, 89 sales.

Townhome sales were 66, active listings were 182 and the benchmark sale price was $428,300. The average days on market were 60, and the hottest markets were View Royal and Central Saanich, 9 sales each.

Listings are down. Sales are up. It’s a seller’s market.

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The following is the summary of Vancouver Island market:

Feb2016_VanIsland

 

Looking for more information about the real estate market in specific neighbourhoods in Victoria, Vancouver Island and the Gulf Islands? 

Macdonald Realty has offices in downtown VictoriaSidneyParksville and on Salt Spring Island. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

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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 Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

Macdonald Realty Luxury Homes Magazine | Spring 2016

The latest edition of Macdonald Realty Luxury Homes is now available! This publication showcases unique and luxurious homes listed with Macdonald Realty from across the province.

Highlights of this Spring 2016 issue include an exceptional “Super Prime Real Estate” in Vancouver, an article on Americans Investing Abroad and a new LuxeTrends: Make 2016 a Family Focused Year, content courtesy of our partner Luxury Portfolio International.

Simply click the cover image below to see the digital version and to download the full PDF on your tablet or computer!

LuxuryMagazine_Spring2016_cover

Victoria Real Estate Market Statistics – January 2016

Here are the latest real estate market statistics from Macdonald Realty on Vancouver Island and Greater Victoria listings and sales in January 2016.

Greater Victoria

In January 2015, there were 225 sales of single family homes and 607 active listings in Greater Victoria. The benchmark sale price was $524,000 with an average days on market of 53. The hottest market for sales was Saanich East with 49 sales followed by Langford with 35 sales. There were also 13 sales and 150 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 151 sales, 511 active listings at the end of the month. The benchmark sale price was $302,900 with an average days on market of 70. The hottest market for sales was Victoria, 56 sales.

Townhome sales were 58, active listings were 172 and the benchmark sale price was $425,100. The average days on market were 68, and the hottest market was Saanich East with 9 sales.

Listings are down. Sales are up. It’s a seller’s market.

Jan2016_Victoria

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Squamish and Whistler Real Estate Market Statistics – December 2015

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler and Sunshine Coast listings and sales in December 2015.

Whistler

In the Whistler market, the benchmark sale price was $1,069,900 with an average days on market of 135 days for detached homes. At the end of December, there were 13 sales and 88 active listings.

In comparison, the condo market had 38 sales and 134 active listings. The benchmark sale price was $285,500, and the average days on market were 126.

Townhome featured 23 sales, 53 active listings and a $530,600 benchmark sale price with 83 average days on market.

Listings are down. Sales are up. It’s a seller’s market.

Dec2015_Whistler

 

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – December 2015

Here are the latest real estate market statistics from Macdonald Realty on Surrey, Langley and Fraser Valley listings and sales in December 2015.

North Surrey

In December 2015, there were 99 sales of detached homes and 116 active listings in North Surrey. The benchmark sale price was $670,000, an increase of 19.0% compared to December 2014.

The condo market had 63 sales, 287 active listings at the end of the month.  The benchmark sale price was $200,000.

In comparison, townhome sales were 19, active listings were 51 and the benchmark sale price was $263,200.

Listings are down. Sales are up. It’s a seller’s market.

Dec2015_NorthSurrey

[Read more…]

BC Real Estate is Front and Centre in Shanghai | BCBusiness with Dan Scarrow

Beyond Borders
Macdonald Realty’s Shanghai office is meeting the needs of its clients and bearing fruitful results

As seen in BCBusiness July 2015 issue.

As the demands of the BC real estate market change, realtors and their respective real estate agencies must react accordingly to stay in the game. For one agency, this meant thinking outside of the box and stepping out of its time zone.

When Macdonald Realty opened its office in Shanghai, China, last year, it was branded as “The Canadian Real Estate Investment Centre.” But Dan Scarrow, who manages the Shanghai office, says that his Chinese clients had their own words to describe it. Impressed with the office’s scope, they say that it covers “an entire dragon of services.”

Those services include residential resale, commercial sales and leasing, new development project marketing and property management. While American, Australian, New Zealand and European real estate companies had established offices in China, Macdonald Realty was the first company in China with a sole focus on Canadian real estate. The company decided to open the office as a response to their clients’ desire for better access to the Chinese market.

Scarrow is uniquely qualified to run the office. He has been working with Macdonald Realty for nearly 10 years, and has worked as an executive assistant for the CEO, and as a residential and a commercial agent. He is a born-and-bred Vancouverite, but he is half Taiwanese. “The upshot is that Mainland Chinese see me as a white Canadian, but I’m also able to communicate with them in Mandarin,” he says. “I guess you could say that, in China, I am an authoritative foreign curiosity and hence memorable.”

His company, says Scarrow, has several competitive advantages. “Our intimate knowledge of the market is what makes us uniquely valuable to investors here,” he says. “We are small enough to be agile, but big enough to provide a full range of brokerage, management and advisory services.”

Scarrow works with Chinese clients who are in the process of immigrating to Canada, with new Canadians and with pure investors. Those interested only in investment tend to look at new condos and commercial properties. “What resonates with investors in China is the perception of Canada as a safe and secure investment climate, in contrast with China’s robust, but volatile, environment,” says Scarrow.

In order to stand out in today’s highly competitive real estate market, Macdonald Realty has undertaken several innovative marketing strategies. As technology has made property information widely available to the public, Scarrow notes that the role of the real estate agent has shifted: from gatekeeper of information to interpreter and negotiator. To meet the demands of those roles, Macdonald Realty has been working with an outside training organization to offer all agents the exclusive Certified Negotiation Expert (CNE) designation. Macdonald Realty has also launched its own magazine called Macdonald Realty Luxury Homes, to help market its luxury home listings in Canada and in China. Produced by the company’s own in-house creative marketing team, the magazine has proven to be a hit.

But from his own experience, Scarrow says that the most important way for an agent to get ahead is to be a competent professional first. “Doing a fantastic job with one client will generate more long-term business than even the most successful email campaign,” he says. “Start with the people who know and trust you, do an unbelievable job for them and continue learning about how to be a professional from the good agents and managers around you.” Dan Scarrow manages Macdonald Realty’s Shanghai office sults just come a lot easier.”

This article was originally posted on BCBusiness, June 12th, 2015. 

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