STATS ON BOWEN - July 2021
Posted on Aug 23, 2021
Slowest July in the past 10 years
The number of sales and the dollar volume of sales for the month of July 2021 was a record low compared to the same month over the last 10 years. Typically, the market slows during the summer months as many buyers are on vacation, and this year the slow-down was exacerba...
STATS ON BOWEN - June 2021
Posted on Jul 22, 2021
Real estate market 'heat dome' still driving prices up
There is a heat dome over the Bowen real estate market and it cooled only slightly in June as year-over-year metrics continued to register record highs.
I am often asked if prices will go down. After the usual disclaimers about economic downturn, natur...
STATS ON BOWEN - May 2021
Posted on Jun 13, 2021
Bowen real estate market increases continue to outpace Metro Vancouver
Click this link for the interactive report.
STATS ON BOWEN - April 2021
Posted on May 06, 2021
Record-setting pace on Bowen Island continues
The benchmark price for Bowen Island increased 45.6 per cent YoY and 7.9 per cent MoM to $1,359,800—more than double that for Metro Vancouver where the benchmark price increased 20.9 per cent YoY and 3.2 per cent MoM to $1,755,500.
As Bowen real estate b...
As Bowen real estate b...
STATS ON BOWEN - March 2021
Posted on Apr 11, 2021
Proposed June increase in mortgage stress test rate could reduce buying power for some.
Comparing the last 12 months of activity (YoY), the MLS® Home Price Index or benchmark price for a detached home on Bowen Island in March 2021 had increased 15.6 per cent over March 2020—up $27,866 to $1,101,533—the highest percentage increase in Metro Vancouver...
Q2 and Q3 2021 will continue to reward sellers
Posted on Apr 03, 2021
Where is the real estate market going in Q2 and Q3 of 2021 and beyond? Well not to infinity, but in the short term most predictions are of continued growth through 2021 and slowing through 2022.
The mid-March Canadian Real Estate Association quarterly forecast predicts national home sales to “fall by 12.6% [...] in 2022. This easing trend is expect...
The mid-March Canadian Real Estate Association quarterly forecast predicts national home sales to “fall by 12.6% [...] in 2022. This easing trend is expect...
