Market Minute - September 2020
Posted on Sep 01, 2020 in Sunshine Coast, BC Real Estate Podcast
The madness continues on the Sunshine Coast. Multiple offers are now commonplace, and pretty much any detached home in Gibsons under $500,000 likely won’t last one day without an offer.
Not having to catch the ferry has opened our market up to young families that are attracted to the opportunity to own a detached home in a safe community.
The year-ro...
Market Minute - August 2020
Posted on Aug 04, 2020 in Sunshine Coast, BC Real Estate Podcast
The summer real estate market on BC's Sunshine Coast continues to boom. Between last July and this July, the Sunshine Coast saw the number of sales increase by 35 per cent.
As telecommuting becomes more commonplace, living on the Sunshine Coast becomes more viable. We're seeing strong demand across all segments but detached houses, lots, and acreag...
As telecommuting becomes more commonplace, living on the Sunshine Coast becomes more viable. We're seeing strong demand across all segments but detached houses, lots, and acreag...
Market Minute - July 2020
Posted on Jul 07, 2020 in Sunshine Coast, BC Real Estate Podcast
As we move deeper into July, our real estate market here on the Sunshine Coast continues to heat up. Gibsons, specifically, is suffering from a lack of inventory which is pushing prices higher.
Spring is typically a busy time for real estate but that demand was bottled up due to quarantine. With restrictions lessening, interest in the Sunshine Coas...
Spring is typically a busy time for real estate but that demand was bottled up due to quarantine. With restrictions lessening, interest in the Sunshine Coas...
Market Minute - June 2020
Posted on Jun 02, 2020 in Sunshine Coast, BC Real Estate Podcast
Sunshine Coast real estate prices are currently stable because of low inventory due to sellers holding off on listing. I'm hearing of multiple offer scenarios and some homes even selling above asking price.
But while this is happening, year-over-year stats show a BIG drop in the number of sales between this May and last. I believe there's been a hug...
But while this is happening, year-over-year stats show a BIG drop in the number of sales between this May and last. I believe there's been a hug...
Market Minute - May 2020
Posted on May 13, 2020 in Sunshine Coast, BC Real Estate Podcast
Last month's home sales were WAY down compared to April 2019. The last couple of months have been challenging for sellers but baring another widespread outbreak, the Sunshine Coast real estate market may be turning a corner.
Two big things that put people off moving to the Sunshine Coast are no longer major factors. Would-be buyers that loathed the...
Market Minute - April 2020
Posted on Apr 03, 2020 in Sunshine Coast, BC Real Estate Podcast
In an interview with Yahoo Finance Canada, Benjamin Tal, deputy chief economist at CIBC Capital Markets, had the following to say about Canada's real estate market:
“The way I see it the housing market is basically frozen... no buyers and no sellers. That in a way will limit or even eliminate any notable downward risk to prices. Simply the number of...