Market Update - September 2022
Posted on Sep 15, 2022 in Market Update
As we start to feel the crisp fall air on those early mornings and Summer starts coming to a close, the Market on the Sunshine Coast continues to cool off as well. With the adjustment of interest rates as the Bank of Canada tries to slow down inflation and a short summer on top of that, Buyers looking on the Sunshine Coast chose to enjoy the sun wh...
August 2022 - Market Update
Posted on Aug 15, 2022 in Market Update
The Market here on the Sunshine Coast BC has been no doubt adjusting into something we haven't been used to these past few years, this past month particularly with everyone squeezing in their last summer activities before going back to school and regular routines. Although the market is on a downward trend, I would definitely not claim this as a 'M...
July 2022 - Market Update
Posted on Jul 15, 2022 in Market Update
The Sunshine Coast Real Estate market has officially touched a balanced market. This is a direct implication of the Bank of Canada's intervention with interest rate hikes over the last couple quarters. Thankfully this has meant more listings becoming available (that we desperately needed) and allows for a more traditional buying and selling process...
June 2022 - Market Update
Posted on Jun 15, 2022 in Market Update
The Real Estate Market on the Sunshine Coast has come into a balanced one this second quarter. Rising interest rates and an influx of listings with sellers trying to capitalize on the market are bringing the sales to active ratio right around 20% opposed to the 60% it was at this time last year. Meaning that solds aren't exceeding listings; creatin...
May 2022 - Market Update
Posted on May 15, 2022 in Market Update
The real estate market on the Sunshine Coast is starting to cool off ahead of time for summer. We are seeing a jump in new active listings each week and less amount of buyers bidding on homes in multiple offers. Local Sunshine Coast real estate agents are less frequently holding offers and beginning to sell on a first come first serve basis.
I do ex...
April 2022 - Market Update
Posted on Apr 15, 2022 in Market Update
Last month the market had sprung into action and this month it is continuing to spring. However, on a more current basis, we are seeing a slight shift in the market with less multiple offers, longer days on the market and some homes being sold under asking while seller's changing their marketing tactics to be ahead of the anticipated market decline...
