Derek Ng Real Estate
201-2010 E 48th Ave V5P 1R8 Vancouver, BC, Canada

February's 2021 Greater Vancouver Real Estate market insight @realestateboardofgv Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent increase from the 2,150 sales recorded in February 2020, and a 56 per cent increase from the 2,389 homes sold in January 2...021. Last month’s sales were 42.8 per cent above the 10-year February sales average. Metro Vancouver’s housing market is experiencing seller’s market conditions. The supply of listings for sale isn’t keeping up with the demand we’re seeing, Colette Gerber, REBGV Chair said. Competition amongst home buyers is causing multiple offer situations and upward pressure on prices. This is particularly true in the townhome market where demand is outstripping the available supply. Conditions differ depending on location and property type so it’s important to work with your local REALTOR to develop strategies to meet your needs. If you have any questions on looking to buy or sell. Please give me a call: Derek Ng Claridge Real Estate Advisors Inc. :604-771-1302 :[email protected] #condos #stats #yvrrealtor #mlsgreatervancouver #investment #hotmarket # #realestatemarket #active #sales #homebuyers #homesellers #realestateadvice #detachedhomes #townhouse #apartment #

Love your job and be passionate about it. Once I chose my career path as a real estate agent, I never look back. One of my favorite quotes from Steve Jobs, "The only way to do great work is to love what you do" and I am very fortunate to choose a career path that I absolutely adore. There are many good perks being a realtor such as making genuine connections, building relationships, and guiding people to make one of the biggest decisions in their life time. Let your goals be ...mine! Whether you are looking to buy or sell, please let me be the guide to help you with the process! Don't hesitate to give me a shout! Derek Ng Real Estate Advisors : 604-771-1302 : [email protected] #vancouverrealtor #investment #yvrrealtors #lovemyjob #positivity #buildingrelationships #genuineconnections #realestateagentlife #buyandsellrealestate #lifegoals #positivequotes

Happy Chinese New Year to all my friends and family! May the year of the OX brings you good health, prosperity, joyful and peace! Gong Xi Fa Cai! #realtor #chinesenewyear2021 #prosperity #peace #new2021 #postivevibes #gongxifacai #happychinesenewyear #goodhealth #yearoftheox #ox #love

Always believe in yourself no matter what! No excuses! Quote of the day! #realtor #positivequotes #realestateagentlife #believeinyourself #trust #quoteoftheday #positivity #postivevibes #noexcuses #yvrrealtor #dontgiveup #grinddontstop

New Listing Alert! Asking price: $620,000 106- 651 W.45 Avenue, Vancouver 1 | 1 |731 sf |1 | 1... : Concrete School Catchment: Dr Annie B. Jamieson Elementary and Eric Hamber Secondary School Location! Location! Location! Waiting for an opportunity to own an apartment with great location? This is the one! Very Well maintained concrete building "Fairchild court" located the heart of Oakridge! This spacious one bedroom facing the inner courtyard that features marble tile entrance, 10'5 feet ceiling height, granite countertop, brand new washer/dryer, gas fireplace and insuite storage room. The amenties include concierge, indoor swimming pool, hot tub, gym, games room and beautiful courtyard. Within walking distance Oakridge Mall, Skytrain, restaurants, shops, and schools. If you need any additional information please give us a call: Derek Ng Claridge Real Estate Advisors Inc . :604-771-1302 Schumann Li PREC* Claridge Real Estate Advisors Inc. :604-328-1777 #condos #apartment #amazingamenities #vancouverrealtor #buyandsellrealestate #primelocation #oakridge #newlisting #investment #homesweethome #homebuyers #yvrrealtors #vancouver #vancouverwest #oakridgemall #swimmingpool #hottub #courtyard #gameroom #locationslocationslocations

January's 2021 Greater Vancouver Real Estate market insight @realestateboardofgv The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 per cent increase from the 1,571 sales recorded in January 2020, and a22.8per cent decrease from the 3,093homes sold in December 2020. Last month’s sales were 36.4 per cent above the 10-year January sales average.... With home sale activity well above our January average, the supply of homes for sale isn’t able to keep pace, Colette Gerber, REBGV Chair said. This is causing increased competition amongst home buyers and upward pressure on prices. If you have any questions on looking to buy or sell. Please don't hesitate to reach me: Derek Ng Claridge Real Estate Advisors Inc. : 604-771-1302 :[email protected] #condos #investment #stats #hotmarket #vancouverrealtor #realestatemarket #realestatesales #wealth #realestateadvice #homebuyers #covid19 #realestatenews #active #sales #mlsgreatervancouver

One of the reason I love my job! Quote of the day! #realtor #positivequotes #realestateagentlife #lovemyjob #positivity #postivevibes #quoteoftheday #happy #liftupothers

New listing in New Westminster! Asking Price: $418,000 1103 - 720 Carnarvon Street, New Westminster 1 + Den| 1 | 1 | 664 sf | 1 locker... 2 pets allowed Welcome to Carnarvon Towers! It is situated at the heart of Downtown New Westminster! Don't miss out this spacious and bright one bedroom & Den on the highest floor! This unit also features an open concept floorplan that has a cozy gas fireplace, in-suite laundry, secured underground parking and a locker. Carnarvon Towers is well maintained, rained screened, and proactive strata with a walkscore of 92! Very convenient location within a walking distance to the skytrain, restaurants, River Market/waterfront, Westminster Pier Park, Douglas College and more! If you want more information, please don't hesitate to contact us: Schumann Li PREC* Claridge Real Estate Advisors Inc : 604-323-1777 : [email protected] Derek Ng Claridge Real Estate Advisors Inc : 604-771-1302 : [email protected] #condos #investment #newlisting #yvrrealtors #newwestminster #convenient #locationslocationslocations #realestateagentlife #skytrain #homesweethome

Telford on the Walk is Intracorp’s newest Metrotown community. Located directly adjacent to the Beresford Art walk, and less than a five minute walk from Metropolis at Metrotown and the Metrotown SkyTrain station. The neighbourhood provides a plethora of shopping and restaurant options as well as refreshing greenspaces. Homes at Telford are made up of a mix of studio, one, two and three bedroom plans ranging in size from 412 sqft to 1,225 sqft. The architectural design is ins...pired by the nearby art walk, an entryway art installation by Douglas Coupland makes the transition from the vibrant neighbourhood to your grand lobby seamless. Interiors have been carefully considered with function and style in mind. Each home has a spacious kitchen with an island and integrated dining style seating, as well as custom millwork closets in the bedrooms. Sales starts in the early 2021! Please contact me for more details! Derek Ng Claridge Real Estate Advisors Inc : 604-771-1302 : [email protected] #investment #amazingamenities #burnabyrealestate #presalecondos #luxury #richardhenryarchitect #intracorp #metrotown #condos #telfordonthewalk #9thbuilding #chilinteriordesign #gym #convenient #locationslocationslocations #theatre #clubhouse #gameroom #yvrrealtor #burnabysouth

Quote of the day! #inspirationalquotes #postivevibes #positivequotes #quotes #nevergiveup #evolve #yvrrealtor #realtorlife #confidence #cheerfulnees #brightsideoflife #happy #positivity #optimism #motivation

November 2020 Greater Vancouver Real Estate market insight @realestateboardofgv The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November 2020, a 22.7 per cent increase from the 2,498 sales recorded in November 2019, and a 16.9 per cent decrease from the 3,687 homes sold in October 2020. Last month’s sales were 24.6 per cent above the 10-year November sales average and was the second highest to...tal in this period. Home buyer demand has been at near record levels in our region since the summer, Colette Gerber, REBGV Chair said. This is putting upward pressure on home prices, particularly in our detached and townhome markets." There were 4,068 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service (MLS) in Metro Vancouver in November 2020. This represents a 36.2 per cent increase compared to the 2,987 homes listed in November 2019 and a 27 per cent decrease compared to October 2020 when 5,571 homes were listed. The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 11,118, a 3.2 per cent increase compared to November 2019 (10,770) and a 10.5 per cent decrease compared to October 2020 (12,416). "The supply of homes for sale are a critical factor in understanding home price trends," Gerber said. "The total number of homes for sale in Metro Vancouver is lagging behind the pace of demand right now. This trend favours home sellers in today's market." For all property types, the sales-to-active listings ratio for November 2020 is 27.6 per cent. By property type, the ratio is 27.9 per cent for detached homes, 40.1 per cent for townhomes, and 23.9 per cent for apartments. Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. If you have any questions or looking to buy or sell. Please don't hesitate to give a call: Derek Ng Claridge Real Estate Advisors 604-771-1302

October 2020 Greater Vancouver Real Estate market insight @realestateboardofgv Home sale and new listing activity remained at near record levels across Metro Vancouverin October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase from the 2,858 sales recorded in October 2019, and a 1.2 per cent increase from the 3,643 homes sold in September 2020.... Last month’s sales were 34.7 per cent above the 10-year October sales average and stands as the second-highest total on record for the month. Home has been a focus for residents during the pandemic. With more days and evenings spent at home this year, people are re-thinking their housing situation," Colette Gerber, REBGV Chair said. Throughout this period, REALTORS have been working to understand and adapt to the latest safety protocols so that they can continue to help the public meet their housing needs in a safe and responsible way. There were 5,571 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service (MLS) in Metro Vancouver in October 2020. This represents a 36.7 per cent increase compared to the 4,074 homes listed in October 2019 and a 13 per cent decrease compared to September 2020 when 6,402 homes were listed. If you have any questions or looking to buy or sell. Please don’t hesitate to give me a call: Derek Ng Real Estate Advisor :604-771-1302 [email protected] #stats #hotmarket #condos #townhouse #detachedhomes #growing # #yvrrealtor #richmond #vancouverwest #vancouver #vancouvereast #october #2020 #yvr #westvancouver #burnaby #newwestminster #investment #homeprices #benchmark

Give thanks not just on Thanksgiving Day, but every day of your life. Appreciate and never take for granted all that you have! Happy Thanksgiving everyone! #thanksgiving #realestateagentlife #realestate #family #familytime #blessed #appreciatethelittlethings #love #vancouverrealtor #lovelife #sendlove #familyday #thankfulgratefulblessed

September 2020 stats from (REBGV) The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,643 in September 2020, a 56.2 per cent increase from the 2,333 sales recorded in September 2019, and a 19.6 per cent increase from the 3,047 homes sold in August 2020. Last month’s sales were 44.8 per cent above the 10-year September sales average and is the highest total on record for the month.... We've seen robust home sale and listing activity across Metro Vancouver throughout the summer months," Colette Gerber, REBGV Chair said. "This increased activity can be attributed, in part, to lower interest rates and changing housing needs during the COVID-19 pandemic." There were 6,402 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service (MLS) in Metro Vancouver in September 2020. This represents a 31.6 per cent increase compared to the 4,866 homes listed in September 2019 and a 10.1 per cent increase compared to August 2020 when 5,813 homes were listed. The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 13,096, a 2.6 per cent decrease compared to September 2019 (13,439) and a 2.3 per cent increase compared to August 2020 (12,803). "While the pace of new MLS listings entering the market is increasing, the heightened demand from home buyers is keeping overall supply levels down," Gerber said. "This is creating upward pressure on home prices, which have been edging up since the spring." For all property types, the sales-to-active listings ratio for September 2020 is 27.8 per cent. By property type, the ratio is 28.3 per cent for detached homes, 36.1 per cent for townhomes, and 24.8 per cent for apartments. Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months. If you have any questions or looking for buy or sell. Please don't hesitate to give me a call: : 604-771-1302 : [email protected] Derek Ng Real Estate Advisors

Ledingham McAllister is proud to unveil the highest quality new development in the Burquitlam area. Soaring 52 storeys above Coquitlam’s fastest-growing, urban-inspired neighbourhood and steps from Burquitlam SkyTrain, Highpoint offers spacious, well-designed homes for the future. Offering over 16,000 square feet of private amenities including The SkyLoungeon the 51st floor with unparalleled views complete with indoor and outdoor lounge and dining areas, Highpoint provides t...he most complete amenity package in the market. Two additional floors of amenities will offer a fully-equippedfitness and wellness area, meeting rooms and two guest suites. Please let me know if you need more information for this project: : 604-771-1302 :[email protected] Derek Ng Claridge Real Estate Advisors Inc

Sold! 1 | 1 | 679 #507-3333 Brown Road, Richmond... Congratulations to our client to secure this beautiful home at Avanti by Polygon! Thank you for trusting us for selling your home and buying at the same time! #condos #sold #richmond #yvrrealtor #yvr #luxury #locationslocationslocations #investment #amazingamenities #vancouverrealtor #buyandsellrealestate #primelocation #september #spa #lounge #stylish #ibigroup

Just sold!! 702- 7303 Noble Lane, Burnaby 2 2 | 856 sf 1 1 ... This Beautiful 2 bedrooms corner unit at renowned King Crossing III by Cressey! This spacious 856 sf functional 2 bedrooms with wide plank laminated floor with huge balcony! It also comes with the famous Cressey Kitchen have built-in gourmet kitchen with high end S/S appliances, double-door fridge, wall of pantry shelving, gas cooktop and big kitchen sink. Amazing two stories amenities that include outdoor amphitheater, sports court, huge fitness center, game room and clubhouse! I would like to congratulate my first time home buyer client to secure a gorgeous home under the market value! I'm so happy for you helping you for finding your ideal home! Thank you for trusting me for your real estate needs! If you are planning to buy or sell. Please don’t hesitate to give me a call: Derek Ng : 604-771-1302 : [email protected] Claridge Real Estate Advisors Inc #sold #burnaby #burnabyeast #kingcrossing #condos #investment #amazingamenities #sportscourt #amphitheater #luxurylifestyle #clubhouse #yvrrealtor #yvr #luxury #realestate #realtorlife #vancouverrealtor #clubhouse #northwest #cressey #cresseykitchen #architectural #interiordesign #gym

August 2020 stats from Real Estate Board of Greater Vancouver Home buyers and sellers remained active across Metro Vancouver in August, with home sale and new listing activity outpacing the region’s historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020, a 36.6 per cent increase from the 2,231 sales recorded in August 2019, and a 2.6 per cent decrease from the 3,128 homes sol...d in July 2020. Last month’s sales were 19.9 per cent above the 10-year August sales average. People who put their home buying and selling plans on hold in the spring have been returning to the market throughout the summer, Colette Gerber, REBGV Chair said. Like everything else in our lives these days, the uncertainty COVID-19 presents makes it challenging to predict what will happen this fall. There were 5,813 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service (MLS) in Metro Vancouver in August 2020. This represents a 55.1 per cent increase compared to the 3,747 homes listed in August 2019 and a 2.3 per cent decrease compared to July 2020 when 5,948 homes were listed. This was 34.8 per cent above the 10-year August new listings average. If you planning to buy or sell. Please don't hesitate to give me a call: Derek Ng Claridge Real Estate Advisors Inc : 604-771-1302 [email protected]

SOLD!!! SOLD!!! SOLD!!! #19 704 W. 7th Avenue, Vancouver BC 1 | 1 635 sf | 1 ... Welcome to Heather Park, 3-story Rainscreened building situated in beautiful Fairview area. Spacious 1 bedroom / 1 bathroom unit facing east. Very quiet/convenient location within walking distance to Olympic skytrain station, shops, restaurants and parks. Functional layout of 635 SF with upgraded wide-plank laminated hardwood floor, gas fireplace, glass kitchen cabinets, in-suite laundry and storage. Congratulations to our client and moving on to a bigger place! Thank you trusting us for your real estate needs! If you are planning to buy or sell, please don't hesitate to give us a call: Derek Ng : 604-771-1302 : [email protected] Schumann Li PREC* : 604-323-1777 : [email protected]

Shannon 18 by Azora is a new collection of 18 exclusive 3 bedroom contemporary luxury townhomes located in the South Granville neighborhood of Vancouver West. Azora aims to set a new standard of luxury, comfort and elegance with its captivating street-side presence. Modern and sophisticated exteriors, private balconies with sweeping views of Vancouver, beautifully landscaped entry way patios and an open common space courtyard, provide a strong sense of community in this unpa...ralleled Vancouver neighbourhood. Shannon 18 is located at 7659 Granville Street, Vancouver. The development is scheduled for completion in 2022. Please let me know if you are interested! Derek Ng Claridge Real Estate Advisors Inc. : 604-771-1302 : [email protected] #presale #marpole #townhouse #vancouverrealestate #vancouverrealtor #shannon18 #luxurylifestyle #luxurytownhouse #investment #azora #yvrrealtor #newstandard

Price change alert! Welcome to Heather Park, 3-story Rainscreened building situated in beautiful Fairview area. Spacious 1 bedroom / 1 bathroom unit facing east. Very quiet/convenient location within walking distance to Olympic skytrain station, shops, restaurants and parks. Functional layout of 635 SF with upgraded wide-plank laminated hardwood floor, gas fireplace, glass kitchen cabinets, in-suite laundry and storage. Asking : $520,000... #19 704 W. 7th Avenue, Vancouver BC 1 | 1 | 635 sf | 1 Please gives us a call for more information: Derek Ng : 604-771-1302 : [email protected] Schumann Li PREC* : 604-323-1777 : [email protected]

July 2020 market Update from Real Estate board of Greater Vancouver Home buyer and seller activity in Metro Vancouver exceeded historical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from the 2,443 homes sold in June 2020.... Last month’s sales were 9.4 per cent above the 10-year July sales average. We're seeing the results today of pent up activity, from both home buyers and sellers, that had been accumulating in our market throughout the year, Colette Gerber, REBGV Chair said. Low interest rates and limited overall supply are also increasing competition across our market. Please contact me for more information or any questions for your real estate needs! Derek Ng Claridge Real Estates Advisor Inc : 604-771-1302 [email protected]

Price reduction Alert! MLS: R2437545 985,000 #1903-6638 Dunblane Avenue... 2 | 2 | 954 sf | 1 + 2 locker Midori by prominent Polygon Homes in Burnaby’s Metrotown area. Spacious 2 bedrooms & 2 bathrooms unit features functional layout with high end S/S appliances, quartz counter-tops, large island, laminate/carpet floor, spa inspired bathrooms, and extra large balcony with panoramic northwest mountains/city views. This building has great amenities such as fitness studio, lounge, billiards room, dog grooming stations and electric car plug stations. Quiet and yet convenient location within walking distance to Metrotown skytrain station, shopping malls, restaurants, buses, park, and Bonsor Recreation Complex. Virtual 3D tour: https://my.matterport.com/show/?m=NywBE5ozKuf Please give us a call: Derek Ng : 604-771-1302 : [email protected] Schumann Li PREC* : 604-328-1777 : [email protected] #burnaby #polygonhomes #realtor #life #home #newlisting #yvrrealtors #burnabysouth #realestate #burnabyrealestate #homesweethome #condos #homesforsale #realestateinvestor #gym #panoramicview #amazingamenities #closetotransit #decor #interiordesign #realtorlife #midori

Canada is one of the best country in the world and I'm proud to be a Canadian! Please stay strong through these tough times and stay safe. I'm wishing everyone Happy Canada Day! #realtor #life #home #canada #vancouver #proudcanadian #yvr #canadaday #happy #freedom #beautifulbritishcolumbia #bestcountryintheworld