TRUE BLUE Blog

Market Update - October 2021

Posted on Oct 06, 2021 in Sunshine Coast, BC Real Estate Podcast

Inventory for Sunshine Coast Real estate continues to be at historically low levels. Younger buyers with families from Vancouver (or farther afield) are still looking to relocate here. These buyers are competing with the traditional retirees, which sets the stage for multiple offers and upward pressure on pricing.

Year-to-date sales are up 40% but S...

Market Update - September 2021

Posted on Aug 31, 2021 in Sunshine Coast, BC Real Estate Podcast

Low inventory of detached homes combined with a busy summer travel season had an impact on the Sunshine Coast real estate market last month. Despite strong demand, many would-be buyers were forced to cancel showing appointments as they were not able to get on the ferry, due to heightened summertime demand.

Even with this travel congestion, multiple...

Market Update - August 2021

Posted on Aug 02, 2021 in Sunshine Coast, BC Real Estate Podcast

For the second month in a row, overall real estate sales are down year-over-year (YOY).

This resulted from travel restrictions at the end of June and the common misconception that the Sunshine Coast is an island and not part of Vancouver Coastal Health.

Activity has picked up dramatically in the last 7-10 days, however, and we’re starting August with...

Market Minute: July 2021

Posted on Jul 04, 2021 in Sunshine Coast, BC Real Estate Podcast

Busy summer real estate market on BC's Sunshine Coast

The Sunshine Coast real estate market is about to go into overdrive once more. I expect the market to be busy for the rest of the summer as travel restrictions are relaxed and the vaccination rate passes 85%.

Working from home is the new normal so there will be lots of buyers looking to relocate t...

Market Update - June 2021

Posted on May 31, 2021 in Sunshine Coast, BC Real Estate Podcast

While province-wide restrictions for non-essential travel are still in effect until at least June 15, I believe the launch of BC's Restart plan signals that the Sunshine Coast real estate market is about to go into overdrive once more.

We finished April 2021 with 158 detached homes on the market. May 2021 came to a close with only 125 detached homes...

Market Update - May 2021

Posted on May 02, 2021 in Sunshine Coast, BC Real Estate Podcast

The essential travel order seems to have been taken to heart by many potential home buyers. Although the market is still red hot, there was a definite reduction in showing requests for listed property in the last two weeks of April.

Once travel restrictions are lifted, I expect there to be another surge of buyers heading our way. If you are on the f...

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