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Market update - March 2022

Posted on Mar 03, 2022 in Market Minute

International, national, and local events combined to reduce the velocity of the March real estate market on BC’s Sunshine Coast. What was once a white-hot sellers market is now “only” EXTREMELY competitive.

War in Europe

Russia invading Ukraine has introduced uncertainty throughout the world and our local real estate market isn’t immune. (Nothing li...

THE 2021 Sunshine Coast REAL ESTATE MARKET AND MY PREDICTIONS FOR 2022

Posted on Jan 03, 2022 in Market Minute

This post was written using a transcript from the above video. It’s been edited for clarity.

PAUL POULSEN: When talking about living on the Sunshine Coast, there's no avoiding real estate. In the past, we've touched on real estate in a general sense, but today, we're going to review the 2021 housing market with Sunshine Coast Realtor Tony Browton, a...

Market Update - December 2021

Posted on Dec 04, 2021 in Market Minute

Flooding in Abbotsford, BC. Photo courtesy of Province of British Columbia.

Extremely low inventory on BC’s beautiful Sunshine Coast is resulting in multiple offers and high sales prices for those brave enough to sell without somewhere to go. Flooding across other parts of BC and talk of new COVID variants will likely push more buyers our way so, even with interest rate hikes looming, we will likely continue with a sellers...

Market Update - November 2021

Posted on Nov 24, 2021 in Market Minute

As rents and housing prices across much of Canada continue to climb, it’s no surprise that that Vancouver finds itself perched atop the list of most unaffordable cities in North America. This is why, despite skyrocketing prices on the Sunshine Coast, destinations like Gibsons, Sechelt, and Pender Harbour remain relative bargains. These comparativel...

Market Update - October 2021

Posted on Oct 06, 2021 in Market Minute

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 Market Minute

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...

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