Two boutique buildings, NAVÍO offers 177 homes on the seawall. At 12 and 14 storeys their curved silhouette follows the outline of a 2.7-acre park. The homes at NAVÍO offer a true breath of fresh air: large, open floorplans thoughtfully designed to maximize living space and generous balconies perfect for entertaining and outdoor living.

• 1 Bdrm – 1 Bdrm + Den | 562 – 808 sq. ft., from the mid $500s
• 2 Bdrm – 2 Bdrm + Den | 805 – 1,616 sq. ft., from the mid $700s

NAVÍO also includes a rare offering of 18 distinct Townhomes featuring impressive entrances with two-storey stone façades and gated front patios. Follow the seawall home to your front door and enjoy more breathing room both inside and out.

• 2 Bdrm – 3 Bdrm + Den Townhomes | 1,065 – 2,138 sq. ft., from the mid $900s

Call or email me to get VIP access.

Sanjin Cvetkovic  604-771-6415

Elevated above Emery Barnes Park, in the heart of Yaletown, 8X ON THE PARK offers a rare opportunity to live with an expansive park the size of a city block just outside your door. With a walking path, water fountain, kids playground and off-leash dog area, it's a lush oasis amid an animated urban one.

 From this peaceful parkside setting you're just steps from the very best of the city: destination dining, nightlife, boutiques, cafes, and the famous Vancouver Seawall. Just blocks away are cultural venues including the Orpheum and Vancouver Public Library, Rogers Arena and Pacific Centre, downtown shopping district and much more.

 8X ON THE PARK is 35 stories of scintillating sustainable design - a bold architectural statement with every detail carefully considered for effortless daily luxury. The tower's form subtly shifts as it rises in eight-story bands, inspired by the scale of neighboring heritage building, while the Richards street side is defined by innovative solar shading in a distinctive X-pattern. Featuring the finest quality finishes, furnishings and appliances, private balconies, and a stunning penthouse-level Sky Lounge and Sky Fitness Centre, 8X ON THE PARK will change how you view downtown living.

PRICING:

• The Jr  1 bedrooms start at $455,900
• The 1 bedrooms start at $625,900
• The 2 bedrooms start at $1,090,900
• The 3 Bedroom Estates & Penthouses from $1,400,900

Contact Sanjin for additional information, floorplans and access to presale.

FLOORPLANS - CLICK HERE

Last month was the highest selling April on record for Metro Vancouver.

Residential property sales in the region totaled 4,781 in April 2016, an increase of 14.4 per cent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 per cent compared to March 2016 when 5,173 homes sold.

April sales were 41.7 per cent above the 10-year sales average for the month. 

“Home buyer competition remains intense across the region,” Dan Morrison, REBGV president said. “Whether you’re a home buyer or seller, it’s important to work with your local Realtor to get the information you need and to develop a strategy that will help you navigate today’s market.”

New listings for detached, attached and apartment properties in Metro Vancouver totalled 6,172 in April 2016. This represents an increase of 3.9 per cent compared to the 5,897 units listed in April 2015 and a 2.4 per cent decline compared to March 2016 when 6,278 properties were listed.

"While we’re seeing more homes listed for sale in recent months, supply is still chasing this unprecedented surge of demand in our marketplace," Morrison said.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 7,550, a 38.3 per cent decline compared to April 2015 (12,436) and a 2.6 per cent increase compared to March 2016 (7,358).

The sales-to-active listings ratio for April 2016 is 78 per cent. This is indicative of a seller’s market.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark, while home prices often experience upward pressure when it reaches the 20 to 22 per cent range in a particular community for a sustained period of time.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $844,800. This represents a 25.3 per cent increase compared to April 2015.

Sales of detached properties in April 2016 reached 1,979, an increase of 9 per cent from the 1,815 detached sales recorded in April 2015. The benchmark price for detached properties increased 30.1 per cent from April 2015 to $1,403,200.

Sales of apartment properties reached 2,107 in April 2016, an increase of 33.4 per cent compared to the 1,579 sales in April 2015.The benchmark price of an apartment property increased 20.6 per cent from April 2015 to $475,000.

Attached property sales in April 2016 totaled 695, a decrease of 11.5 per cent compared to the 785 sales in April 2015. The benchmark price of an attached unit increased 22.1 per cent from April 2015 to $608,600.

Source: REBGV