Craigslist Ad reads:
“8br – 4000ft² – VANCOUVER WEST LUXURY HOUSE JUST BUILT SALE WITH FREE PIANO&FURNITURE
Date: 2012-05-19, 10:05PM PDT
Reply to: email@example.com [Errors when replying to ads?]
Address 3243 W 33rd Ave, Vancouver, BC V6N 2G8, Canada
Bedrooms (#) 6 or more bedrooms
Bathrooms (#) 6 or more bathrooms
Size (sqft) 4000
For Sale By Owner
hour of the open house: every weekend Fri, Sat, Sun all afternoon 2pm – 4pm
Note: the owner because of a urgent to return China, so the asking price there are a lot of room for negotiation, coupled with the distribution of the total value of 80000 full set of aristocratic furniture, piano, plus on the government’s home purchase cash back, buyers will get a total of nearly 200 000 discounts, which in the vancouver west very expensive premium real estate is very difficult to find such a cheap price, welcome to the OPEN HOUSE to look at the new luxury house just completed! NEAR TO U.B.C!”
On MLS as follows:
3243 W 33rd Ave (V944504)
2,982 sqft* SFH; 33×130 lot; Built 2012
Listed 16 April 2012. [No price changes since. -ed.]
Asking Price: $2,480,000
BRAND NEW high-end custom-built house selling now at the well sough after Mackenzie Height area. This is a dream house that comes with high-end Kitchen Aid stainless steel appliances, HRV, air-conditioning, two gas fireplaces, central vacuum cleaner, crystal chandeliers, electronic door lock, security system with intercom speakers and monitor, jacuzzi tub in master bedroom, granite counter-tops throughout house and granite tiles at the entry foyer. This house comes with just almost everything you need. Possession is AVAILABLE NOW. Open house Saturdays. Will you be this brand new house’s FIRST homeowner?
[* Note: Square footage in the two ads is different, we have no explanation for this. There is a small possibility that the craigslist posting is a hoax, or that they got the address wrong. Readers can decide for themselves. We also welcome any further information, confirmatory or otherwise. -ed.]
Is this a one-off anecdote, or something we’ll hear more of as prices begin to fall?
We have long surmised that foreign demand can rapidly become supply.
And, of course, the story that foreigners are buying can evaporate in a second, causing locals to draw in their horns.