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 […]
Sunshine Coast Real Estate Statistics for April 2022 All segments of the market, with the exception of Land Only properties, have realized a small downturn in unit sales but are still seeing gains over last year in terms of dollar volume. We are at an “in between” stage right now with some properties continuing […]
All segments of the real estate market on the Sunshine Coast BC are down both from last year and year to date. Inventory is still low but, thankfully, increasing. Other considerations are the variables of the Bank of Canada raising rates (in a big way) and the Provincial Government legislating a cooling-off period for buyers. […]
February shows a slight slowdown in sales volume in both the detached home and condo/townhome market segments. Land only was up for sales volume in a big way, and prices are significantly higher across the board. Let’s see how it all breaks out: Fully Detached home sales suffered a 10% decline in dollar volume […]
Sunshine Coast Real Estate Sales Statistics for January 2022 Leading off the year, real estate unit sales in January 2022 on the Sunshine Coast, BC, took a breather due to low inventory. Notably, the Bank of Canada did not raise the interest rates but may play catch up in March. Therefore, now is a […]
Home sales volume fell across the board on the Sunshine Coast in December. Although demand has tapered off a bit, the main culprit for lower volumes has been the lack of available inventory…there is less inventory now than at any point in my 19-year career. A less significant factor has been the extreme weather (both […]
The Sunshine Coast real estate market is realizing our seasonal slowdown. Fully detached and Land only properties are down a wee bit from last year’s totals, and the Condo/Townhome market is up! Let’s see how it breaks out: Fully detached sales are down 7% in dollar volume to $68,750,000, with unit sales down 33% to […]
Sunshine Coast Real Estate Statistics for October 2021 The Sunshine Coast real estate market continues with a trend toward settling down from last year’s highs. Inventory remains exceedingly low however and this is keeping prices up even with average demand from buyers. Let’s see how it breaks out: Detached home sales are […]
