STATS ON BOWEN - Jul Aug 2024
Posted on Sep 09, 2024
Expect a buyers’ market to continue into the fall
Recent federal government announcements to raise the insured mortgage cap and expand 30-year amortizations combined with the Bank of Canada continued policy rate reductions1 will encourage buyers.
“Key measures include raising the insured mortgage limit to $1.5 mil...
STATS ON BOWEN - May Jun 2024
Posted on Sep 08, 2024
Inventory at its highest level since Nov 2014
At the end of June 2024, Bowen Island’s year-over-year (YoY)* MLS® Home Price Index or Benchmark Price ($1,414,483) was -2.0 per cent lower than June 2023; however, it was up 1.1 per cent from the low of $1,398,992 in April 2024. The YoY Dollar Volume of Sales ($71,824...