2023 MY Real Estate Market Forecast
Posted on Feb 04, 2023
For most of 2022, homeowners saw gains made to their home values throughout 2021 erode as home buyer purchasing power was reduced. This was caused by the interest rates being raised 8 times in a 12 month period as the Bank of Canada took aggressive action to order curb nationwide double digit inflation growth. 
The combination of the high inflation a...
From Red Hot to Icy Cold - Sunshine Coast Dec 2023 Real Estate Market Update
Posted on Dec 15, 2022
After 2 years of unprecedented growth, we are now in the midst of a dramatic housing market slowdown—the likes of which we haven’t seen since the mid 2010's. TOTAL SUNSHINE COAST
Current Listings: 342 - 218 Houses | 35 Apartments | 26 Townhomes | 63 Bare Land
SALES (Nov 1 - Dec 15): 38 - 32 Houses | 2 Apartments | 2 Townhomes | 2 Bare Land
It's takin...
Taxes, Rescissions, Bans, Strata Rules - 4 Big Changes that affect Real Estate
Posted on Dec 13, 2022
The overheated housing market, and double digit home price percentage increases we've experienced in the past couple of years have caused the federal and provincial governments to implement some big changes that will impact anyone purchasing or selling a home. Their stated goal is to increase housing accessibility and increase affordability for Can...Sunshine Coast August Real Estate Report
Posted on Aug 02, 2022
Consumers seem to have hit the limit of their budgets and home prices have come off from the high of this spring. Listings have increased to normal averages, while sales have dropped. There is currently 7.7 months of inventory on the market across the Sunshine Coast, which suggests we may see further price adjustments in many price brackets.
There a...
There a...
Housing Affordability and Supply Addressed in 2022 Federal Budget
Posted on Apr 19, 2022
Note - This article is from the British Columbia Real Estate Council. Written by Matt Mayers. The Federal Budget 2022 was introduced on April 7 with a significant focus on the supply and affordability of housing in Canada. BCREA was encouraged to hear Canada’s Minister of Finance Chrystia Freeland accurately diagnose t...
The Cooling Off Period - A hot or cold idea?
Posted on Apr 19, 2022
The cooling off period..what does this mean? The unprecedented run up in prices and competition amongst buyers has lead to many purchases being made in multiple bidding situations and many times where the buyer needs to put in a no subject offer in order to be competitive. While most of the time, there have been no downsides to the buyers, any time...