Approaching winter, the real estate market is entering the expected seasonal slowdown, characterized by diminished sales, decreased listings, and price adjustments. Despite this pattern, Canada's persistent housing shortage continues to contribute to an unusual market dynamic, with occasional multiple offers and robust sale prices, even amidst heig...
Fall is here, and it's not just the season of crisp mornings and fireside coffee that makes it our favorite; it's also the season for a vibrant real estate market. For sellers, it's the perfect time to create a cozy atmosphere, with the warmth of a fireplace and perhaps a batch of cookies to welcome potential buyers. Additionally, the changing foli...
As summer gracefully exits the scene, the Sunshine Coast, BC housing market is experiencing some intriguing shifts, courtesy of fluctuating borrowing costs. The Real Estate Board of Greater Vancouver (REBGV) brings us the latest insights, with residential home sales totaling 41 in August 2023, marking a substantial 46.4 percent increase from the 28...
The Summer Real Estate market on the Sunshine Coast BC has once again demonstrated an upward trajectory in Sale Prices but not without a contrast in stabilization of listing activity and a decline in sales. These trends, with high interest rates, are not commonly observed in our real estate market, nevertheless, owing to the scarcity of housing, th...
Welcome to my latest update on the Sunshine Coast Real Estate Market Update. We are now seeing a balanced market, characterized by an increase in listings and a slight dip in sales, probably due to summer activities and successive interest rate hikes. Interestingly, despite the general market stability, home prices witnessed a surge this month, an...
The Sunshine Coast Real Estate market has been balancing out this past month with listings continuing to climb and finally hitting what I would consider a ‘normal’ threshold that we haven't seen since October of 2020. However, sales on the Sunshine Coast have also been on the rise with the Summer market. Prices have been adjusting still to the new...
