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...
STATS ON BOWEN - February 2020
Posted on Mar 19, 2020
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...
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...
STATS ON BOWEN - December 2019
Posted on Feb 02, 2020
The 2019 YoY MLS® HPI ($969,150) was down a modest -2.3 per cent from the record high in 2018, performing better for this metric than all other Metro municipalities.
There were 88 new listings in 2019 and 45 sales. As of 7 January 2020, there are 15 listings for detached homes on...
Estimated Range of Percentage Changes to 2020 Assessment Values
Posted on Jan 04, 2020
Bowen Island property owners can anticipate a -4 percent change in their BC Assessment; however, actual assessments have been reported from +20 per cent to -10%. You can check your assessment here by entering your property's address.
STATS ON BOWEN is a detailed analysis of activity on Bowen Island published monthly,
usually within seven days from th...
