Sales volume continues to be markedly lower than last year, which is a trend that should continue through the spring, while despite the snow the market shows signs of life. Let’s see how the month of February played out: Fully detached home Fully detached home dollar volume sales were down 58% from last year at […]
The New Year in 2023 has brought out a slight jump in our local real estate market! While all market segments are down from last year, we were expecting that! The Real Estate Board of Greater Vancouver’s economist, Andrew Lis, forecasts the market will look like last year’s. The takeaway is that peak pricing was […]
Sunshine Coast Real Estate Statistics December 2022 and Year End After seeing record sales and prices during the pandemic, the Sunshine Coast housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation. “The headline story in our market in 2022 was all […]
Sunshine Coast Real Estate Statistics for November 2022 All segments of the Sunshine Coast real estate market continue to decline for sales volume, inventory is fluctuating slightly and the average cost for a home continues to rise. Let’s see how it breaks out: Fully detached home sales Fully detached home sales were down in dollar […]
Sunshine Coast Real Estate Snapshot for October 2022 Detached Home Sales Fully Detached Home Sales for the month of October 2022 were down 59% in dollar volume to $28,600,000 compared to last year at this time. Unit sales are down 57% to 27 homes sold. Compared to last month sales volume is down 8% […]
Sunshine Coast Real Estate Update for September 2022 All segments of the Sunshine Coast Real Estate Market are down for this September compared to last year. The fully detached homes and land-only segments of the market are up from last month, while condos and townhomes are a little less successful than last month. Here’s […]
Sunshine Coast Sales Statistics for August 2022 Transactions have increased dramatically over last month. Especially in the second half of the month as we have seen folks jump off the fence and into the market! Let’s see how it breaks out: Fully Detached home sales Fully Detached home sales, while up 66% from […]
Has the real estate market on the Sunshine Coast fallen off a cliff?! Is the end nigh?!! I certainly don’t think so. I believe we are seeing buyers and sellers adjusting to some new realities “out there”. Usually change is accompanied by confusion or, at least, a wait and see attitude by those active in […]
Sunshine Coast Real Estate Statistics for June, 2022 All segments of the residential market are down again this month. Fully detached homes suffered the shallowest dip with condos/town homes and land only seeing a very significant slowdown in action. Let’s break it out and see how the market is adjusting to rising interest rates, increased […]
Sunshine Coast Real Estate Snap Shot All segments of the Sunshine Coast Real Estate market have shrunk both in dollar volume and unit sales. At the time of writing this report, the Bank of Canada had just announced another .50% increase in the prime rate with warnings of more increases to come. The British Columbia […]
