BC Home Assessments - What they really mean for your home's value
Posted on Jan 21, 2022
You’ve likely got your BC Assessment in the mail and have noticed a significant increase from the previous year and may be wondering how accurately this reflects the current value of your home.
For our market, we are seeing assessments that in many cases are closer to reflecting current market values, however because of the uniqueness of every home...
Sunshine Coast January 2022 Real Estate Market Update
Posted on Jan 21, 2022
2021 was an un-precedented year for the Sunshine Coast. Heat waves, record snow and rain falls, floods, fires and a pandemic. Nothing stopped the hottest real estate market on record. Prices throughout the region hit banner levels and inventory continued to drop as sales outpaced new listings. The HPI home price for all the Sunshine Coast rose to...
Homebuyers ahead of Renting 90% of the Time!
Posted on Oct 07, 2021
An age-old question for many is should they buy a home vs renting.
Royal LePage did an nationwide study and determined that homeowners come out in front financially in more than 90% of scenarios analyzed. In fact homeowners paid $769 less per month than renters in Q2 2021, on average!
Home ownership remains a top priority for many Canadians. While bu...
Sunshine Coast Fall Market Report
Posted on Oct 04, 2021
What was once a quiet backwater getaway from Vancouver has become one of the hottest real estate markets in Canada. The Sunshine Coast has hit record sales prices every month since August 2020 and average home prices have risen nearly $200,000 or 30% in this past year from $636,800 in Sept 2020 to $831,500 for Sept 2021.
From Gibsons to Pender Harbo...
Sunshine Coast Market Report - August
Posted on Aug 16, 2021
"Pender Harbour and Hotel Lake"
After a slight dip in prices for June, July showed a stead market with prices holding firm or still rising in some categories. The average home price across the Sunshine Coast went up to $804,900 from $801,100 the month prior. Most of these gains were from increased average prices in apartments (up to $521,500 from $5...
More Canadians Are Buying Second Homes and They are Younger Than You Think
Posted on Jul 28, 2021
You may be surprised to know that more than one in ten homeowners in Canada’s three largest urban centres – the greater regions of Toronto, Montreal and Vancouver – currently owns multiple properties. A recent Royal LePage survey, conducted by Leger, found that 14% of homeowners in Greater Vancouver own more than property. Similarly, 13% of homeown...