Diane Birk

Love Where You Live.......Real Estate in Vancouver

I have sold a property at 314 8180 JONES RD in Richmond.
Don't miss this rarely available Penthouse at Laguna in the heart of Richmond! This lovely 2 bed. 2 full bath home features 13' vaulted ceiling with 9' ceilings throughout; gas fireplace; laminate flooring; newer stainless steel appliances; walk-in closet; large master bedroom; covered balcony. Well maintained complex; new roof...
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I have sold a property at 611 311 6TH AVE E in Vancouver.
Rarely available Penthouse with approx. 750 sf PRIVATE ROOF DECK & 360 panoramic VIEWS! Enjoy summer sun bathing, gardening and outdoor entertaining (gas fire pit included). Wohlsein is a boutique concrete building in the heart of Mount Pleasant, 2 blocks from vibrant Main Street shops, restaurants, craft breweries, Emily Carr;...
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I have sold a property at 806 1500 HOWE ST in Vancouver.
Waterfront living in Yaletown's Beach District, steps to the Seawall! Beautifully renovated 2 bedroom home, featuring custom cove lighting, engineered flooring, high end bath fixtures, high end blinds. Imagine coming home to Zen - Enjoy False Creek vistas from your sunny southern patio or your spacious yet cozy living room. Cooks...
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The Bank of Canada announced today that it is maintaining the benchmark rate, noting that our recovery is better than anticipated but that economic slack and uncertainty remain, particularly given the rise of more transmissible variants of COVID-19. The Bank has determined that the recovery continues to require extraordinary monetary policy support, and they will continue with quantitative...

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I have sold a property at 805 668 CITADEL PARADE in Vancouver.
Rarely available NW corner, light-filled 2 Bedroom home at Spectrum 2. Enjoy Downtown & Mountain views & all the conveniences of urban living. Nothing to do but move in, recently painted, new appliances, & new laminate flooring. Great open floor plan, with bedrooms separated, and a walk-in storage room that can double as...
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I have sold a property at 112 1082 8TH AVE W in Vancouver.
Large quiet corner unit 1 bedroom + Den(could be your 2nd bedroom)with french doors! This bright and updated above ground level home has a great floor plan and shows beautifully. Prime Fairview location, 2 blocks from new Broadway line sky train, shops, parks & restaurants. Proactive Strata in a fantastic building, rainscreened...
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I have sold a property at 305 819 HAMILTON ST in Vancouver.
Welcome to the "819" built by Bosa. Efficiently spaced One-Bedroom suite offers in-suite laundry, gas fireplace, laminate flooring, 1 Parking & 1 Locker just down the hall from the suite. A clean and well cared for home. Great investment opportunity or starter condo - rentals allowed (except short-term). On-site caretaker,...
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The Bank of Canada announced today that it is keeping the overnight rate steady at 0.25%. It is expected the Bank will keep this target unchanged until well into 2023 to aid our economic recovery. The Canadian economy is in recession with negative GDP growth, inflation is at zero, the Canadian dollar relative to the U.S. is stable at around $.76, oil prices are hovering around $40 - $43 U...

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I have sold a property at 1202 9188 HEMLOCK DR in Richmond.
Well kept 1 Bedroom suite at Casuarina by Cressy. Beautiful mountain views & open vistas to the east. Bright, efficient layout, includes electric fireplace, gas cooktop, granite counters. 1 Parking & 1 Locker included. 2 Pets allowed (cats or dogs). Rentals OK, but no vacation rental. Central location, a short walk to Canada...
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I have sold a property at 408 4355 10TH AVE W in Vancouver.
Upscale, chic designer Penthouse with priceless panoramic Ocean/City/Mountain vistas in the heart of Point Grey! Extensively renovated to perfection, open layout is most suited to a Single or Couple needing flexibility to have a home office, or occasional guest. 10' ceilings, skylights, over-height windows, bright & airy! Designer...
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The Bank of Canada ("BOC") announced today that it is holding its target for the overnight rate at the "effective lower bound" of 0.25%. 


Cameron Strong, CEO, Invis Mortgage Intelligence notes that "Canadian mortgage holders can expect no further rate drops, nor increases, until 2022. It is expected the Bank of Canada will keep its target rate at 0.25% until well into 2022 to aid our economic...

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The COVID-19 pandemic is affecting all sectors of Canada’s economy, including housing. Job losses, business closures and a drop in immigration are adversely impacting Canada’s housing markets, and CMHC foresees a 9% to 18% decrease in house prices over the next 12 months. In order to protect future home buyers and reduce risk, CMHC is changing its underwriting policies for insured ...

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As expected, the Bank of Canada held the benchmark rate steady at .25%. So far in 2020, Canada has experienced an energy sector shock, a shutdown of its service sector industry, real capacity destruction due to the coronavirus, and there is fear of a second wave of infections. However, despite the grim Canadian data of 16% unemployment, negative GDP growth for 2020 of 8% and a TSX stock market plunge...

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As the longest spring in memory finally gives way to summer, it's nice to see people safely enjoy the sunny weather. IWehope that you and yours are in good health. There continues to be uncertainty about the shifting mortgage market. Here are the most common questions:
 

Should I break my fixed mortgage to get a lower rate?
If you're only partway through your term, you'll need to pay a penalty...

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It is no surprise the Bank of Canada held firm on its overnight rate of .25% (1/4 percent) and did not venture into negative interest rates that have been tried notably in Europe and Japan with no evidence that negative rates improved GDP outcomes. Generally, economists agree there will not be much of an effect from lower interest rates on new borrowing, because few firms and households will want...

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The provincial government brought a new Rental Tenancy Order (RTO) into effect yesterday, restricting rent increases and evictions during the COVID-19 pandemic.  

 

The Real Estate Board of Greater Vancouver has been working with the BC Real Estate Association to clarify details of the RTO that are most likely to affect REALTORS® and their clients.  

 

Eviction moratorium...

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At the turn of the year, many buyers may have become first-time home buyers. As a result of ongoing lobbying efforts, Budget 2019 included not only an increase to the withdrawal limit for the Home Buyers’ Plan (HBP), but also an expansion of eligibility criteria through a redefinition of what the federal government considers a “first-time home buyer.”


As of January 2020, buyers are...

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The Bank of Canada announced today that it is keeping its benchmark rate unchanged despite a weaker economy in the fourth quarter of last year and expectations that growth in the near term will be weaker. Should the recent slowdown in growth be more persistent than forecast, we may see a rate cut. In particular, the Bank will be watching consumer spending, the housing market and business investment....

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I have sold a property at 506 501 PACIFIC ST in Vancouver.
A great starter! This Junior One Bedroom at the "The 501" opens up to approx. 130 sq. ft. of summer living on your west facing patio. Separate den can be an eating nook or private work space. 1 Parking & 1 Locker included. Insuite laundry, gas F/P, Gas stove, laminate flooring. Superb location, walk to the Seawall, new Fresh...
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The Bank of Canada announced today that it is keeping its key rate unchanged, noting that the global economy appears to be stabilizing with growth expected to edge higher in the coming years, although uncertainty relating to ongoing trade conflicts continues to be a risk. A resilient Canadian economy, with investment spending stronger than expected, has allowed the Bank to hold rates while...

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Diane Birk
Cellular: 604-760-4884
Head Office: 604-984-9711
Fax: 604-984-3350
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.