STATS ON BOWEN - December 2018
Posted on Jan 27, 2019 in Stats
The market for detached properties on Bowen Island continues to be slow and flat, with only one sale recorded for the month of December. The Number of Sales for 2018 was the lowest since 2013, down 13.4 per cent compared to 2017 while Dollar Volume of Sales was down 11.5 per cent but still above 2016 levels. The Median Price year-over-year (YOY) co...
STATS ON BOWEN - November 2018
Posted on Dec 27, 2018 in Stats
The market for detached properties on Bowen Island continues to be slow and flat, with Number of Sales up 5.1 per cent year-over-year YOY and down 8.5% year-to-date (YTD); Dollar Volume of Sales up 2.4 per cent YOY and down 9.3 per cent YTD; and Median Sales Price up 1.2 per cent YOY and up 0.7 per cent YTD.
There were 34 active listing on Bowen in...
STATS ON BOWEN - October 2018
Posted on Nov 17, 2018 in Stats
The MLS® YTD Number of Sales for Bowen is down -17.5 per cent from 2016 while the REBGV is down almost three times this at -51.3 per cent, and Bowen's YTD Dollar Volume is down only -0.5 per cent while the REBGV is down -53.1% for the same period. The YOY change in the MLS® Median Sales Price, 2016-2018, is up a modest 2.3 per cent for the REBGV w...A reasonable and reasoned real estate market forecast
Posted on Sep 11, 2018 in Market analysis
The Real Estate Board of Greater Vancouver today shared a forecast from the Deputy Chief Economist of the Central 1 Credit Union. You can see the full Central 1 Credit Union report here and the REBGV article here.
The highlights of the REBGV article are:
Looking aheadProvincial tax policy uncertainty, related to increases in the foreign buyer tax an...
Change, intention, and effect
Posted on Jul 27, 2018 in REBGV and regulations
A SIGNIFICANT CHANGE
Prior to June 15th a REALTOR® could represent both the seller and the buyer or more than one buyer in a real estate transaction. With the change in rules, this is no longer permitted (except in remote and underserved communities) and has had a significant impact on providing real estate services in BC.
The rule change is intende...
New rules that affect you if you are buying or selling a home
Posted on Jul 14, 2018 in REBGV and regulations
New rules can change the relationship you have with your REALTOR®.
