BLOG & STATISTICS

Providing Bowen Island's most comprehensive real estate report since 2019

STATS ON BOWEN - April 2020

Posted on May 16, 2020



YoY at April 2020 the MLS® Home Price Index was down -4.8 per cent from 2019, at April 2019 it was up +3.7 per

cent, at April 2018 it was up +15.3 per cent., and the YoY MLS® HPI for Bowen at April 2020 was up +17.7 per cent
from April 2017 (the second highest of Metro Vancouver municipalities–Langley City was the highest at +18.4 per
cent).

The MLS® H...

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STATS ON BOWEN - March 2020

Posted on Apr 11, 2020


The COVID-19 crisis had an immediate impact on Bowen Island after mid-March, slowing real estate activity on Bowen Island. The 3 sales of detached homes recorded in March all closed before March 15, and there was 1 cancelled listing, 2 expired listings, and 8 new listings, leaving 24 active listings at the end of March 2020.

Although new listings fo...

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COVID-19 and Bowen Real Estate

Posted on Mar 20, 2020


Figure A and B illustrate the BCREA (BC Real Estate Association) scenarios on the potential impact of COVID-19 on the BC housing market.* 
“While it’s unknown how the unfolding COVID-19 outbreak will impact the economy in the long-term, BC is facing a sudden stop in economic activity with little guidance to when things may return to normal. Based on...

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STATS ON BOWEN - February 2020

Posted on Mar 19, 2020



Recovery slow and will be further slowed by the impact of COVID-19 Bowen Island year-over-year comparisons for February show a market still in recovery. How COVID-19 will affect the market will governed by a number of factors: Will lower interest rates encourage buyers? Will stock market losses discourage buyers or will they perceive real estate as...

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STATS ON BOWEN - January 2020

Posted on Feb 07, 2020


A market still in recovery


Bowen Island year-over-year comparisons for January show a market still in recovery. Except for MLS® HPI, Bowen’s price metrics are down YoY. Although the YoY (year-over-year) MLS® HPI (home price index) or benchmark price was down for all municipalities, Bowen Island and Surrey performed the best at -2.9 and -2.8 per cent...

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2019 The Year in Review

Posted on Feb 02, 2020


Forecast for two per cent growth in detached home prices

All Bowen year-over-year real estate price metrics fell in 2019


Bowen Island real estate saw declines in all metrics year-over-year (YoY) at 31 December 2019, including the largest percentage drop in the MLS® Home Price Index since 2013 (-2.3 and -3.9 per cent respectively), in the Average Sale...

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Get In Touch

Tim Rhodes

Mobile: 604-341-9488

Phone: 604-341-9488

tim@rhodesonbowen.com

Office Info

Kiwi Innovation Realty Inc

572 Artisan Lane  Vancouver,  BC   V0N 1G2 

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