Market Minute - June 2019

Posted on Jun 06, 2019 in Sunshine Coast, BC Real Estate Podcast

Between January 2018 and June 2018, the Sunshine Coast saw 458 sales and an average house sale price of $736,000. The median time on market was 29 days.

Let’s compare that to 2019. So far this year, we’ve seen 183 fewer sales and the average house price has dropped to $690,000. Median time on market has grown to 42 days. Fewer homes are selling for...

Market Minute - May 2019

Posted on May 03, 2019 in Sunshine Coast, BC Real Estate Podcast

⚠️ DISCLAIMER: This video is not intended to cause or induce breach of any existing agency agreement.

Our spring Sunshine Coast market is more active than it was over the winter but it’s noticeably slower when compared to this time last year. Expect benchmark prices to drop further while average days on market increase.

There are lots of listings and...

Market Minute - April 2019

Posted on Apr 03, 2019 in Sunshine Coast, BC Real Estate Podcast

April finds us with lots of overpriced listings and fewer buyers than normal for this time of year. The Sunshine Coast is currently in a buyers’ market but, as a group, local home sellers haven’t fully processed this yet. Many still believe that their tax assessment is the minimum market value of their property but unfortunately for them, that simp...

Market Minute - March 2019

Posted on Mar 01, 2019 in Sunshine Coast, BC Real Estate Podcast

The collective consciousness of home sellers isn’t fully up to speed on the current reality of the Sunshine Coast real estate market. Our market has slowed considerably over the last year and what your home would have sold for 18 months ago isn’t what it’ll sell for today.

Sellers can expect to see lots of competition this spring, much of which will...

Market Minute - February 2019

Posted on Feb 04, 2019 in Sunshine Coast, BC Real Estate Podcast

BC Tax Assessment VS Market Value

BC Homeowners have now received their 2019 Property Assessments, but most do not know how they relate to the actual current value of their home.

BC Assessment is a provincial Crown corporation that classifies and values all real property in British Columbia. Each year, BC Assessment sends property owners a Property A...

Market Minute - January 2019

Posted on Jan 09, 2019 in Sunshine Coast, BC Real Estate Podcast

Twenty-eighteen saw tighter mortgage qualification rules, higher mortgage rates, and a foreign buyers’ tax that DOESN’T apply to the Sunshine Coast. What’s can we expect for 2019?

Predictions vary from a flat Vancouver market for the rest of the year to prices continuing to fall for the foreseeable future. As the Sunshine Coast is impacted by the Va...

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