Market Minute

Market Update - may 2022

Posted on May 03, 2022 in Market Minute

BC’s Sunshine Coast real estate market seems to be cooling off as we approach summer but there’s still a lot of interest for properties with views and secondary suites (AKA – mortgage helpers).We’re not seeing multiple offers as frequently as we were even a few months ago and there seems to be fewer “younger” buyers looking to escape Vancouver. Emp...

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Market Update - April 2022

Posted on Apr 01, 2022 in Market Minute
Interest rate hikes and uncertain work from home arrangements seem to be causing some buyers to take pause. This could be the calm before the spring real estate market frenzy, or the first signs of the Sunshine Coast moving towards a more balanced real estate market.

I e...

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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...

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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...

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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...

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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...

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