Blog and Stats Report

STATS ON BOWEN - June 2021

Posted on Jul 22, 2021

Real estate market 'heat dome' still driving prices up

     There is a heat dome over the Bowen real estate market and it cooled only slightly in June as year-over-year metrics continued to register record highs.
I am often asked if prices will go down. After the usual disclaimers about economic downturn, natur...

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STATS ON BOWEN - May 2021

Posted on Jun 13, 2021

Bowen real estate market increases continue to outpace Metro Vancouver

Click this link for the interactive report.



Comparing the last 12 months of activity (YoY), the MLS® Home Price Index or benchmark price for a detached home on Bowen Island in May 2021 increased 23.9 per cent over May 2020, up $226,932 to $1,173,525, and the highest percentage inc...

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STATS ON BOWEN - April 2021

Posted on May 06, 2021

Record-setting pace on Bowen Island continues



The benchmark price for Bowen Island increased 45.6 per cent YoY and 7.9 per cent MoM to $1,359,800—more than double that for Metro Vancouver where the benchmark price increased 20.9 per cent YoY and 3.2 per cent MoM to $1,755,500.

As Bowen real estate b...

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STATS ON BOWEN - March 2021

Posted on Apr 11, 2021

Proposed June increase in mortgage stress test rate could reduce buying power for some.




Comparing the last 12 months of activity (YoY), the MLS® Home Price Index or benchmark price for a detached home on Bowen Island in March 2021 had increased 15.6 per cent over March 2020—up $27,866 to $1,101,533—the highest percentage increase in Metro Vancouver...

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Q2 and Q3 2021 will continue to reward sellers

Posted on Apr 03, 2021

Where is the real estate market going in Q2 and Q3 of 2021 and beyond? Well not to infinity, but in the short term most predictions are of continued growth through 2021 and slowing through 2022.

 
The mid-March Canadian Real Estate Association quarterly forecast predicts national home sales to “fall by 12.6% [...] in 2022. This easing trend is expect...

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STATS ON BOWEN - February 2021

Posted on Mar 13, 2021

    
After a sharp increase in Average Sale Price from June through November 2020 (+39.2 per cent), the curve flattened and declined slightly (-1.5 per cent) December through February. Year-over-year the Average Sale Price was up by +35.8 per cent over February 2020—the largest increase recorded across the Real Estate Board of Greater Vancouver, includ...

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Get In Touch

Timothy Rhodes

Mobile: 604-341-9488

Phone: 604-921-1188 (AH office)

EMAIL

Office Info

Angell Hasman & Associates, Realty, Ltd

204 - 1544 Marine Drive West   Vancouver,,  BC   V7V 1H8 

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