Providing Bowen Island's most comprehensive real estate report since 2019

STATS ON BOWEN - April 2022

Posted on May 25, 2022

Chances of real estate market crash is low

The number of sales of detached homes on Bowen Island decreased -28.0 per cent year-over-year and the dollar volume of sales was down -10.5 per cent – in part due to the very low inventory levels over the winter. Prices continued an upward trend with the benchmark pric...

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STATS ON BOWEN – March 2022

Posted on Apr 15, 2022

Further Bank of Canada rate increases expected

On April 13th, the Bank of Canada raised its rate by 0.50 per cent to 1.0 per cent. Canadian Mortgage Trends reported:
Those with floating variable rates will see their payments rise, while those with fixed-payment variable mortgages will have more of their payment...

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STATS ON BOWEN - February 2022

Posted on Mar 10, 2022

Pressure building on the status quo

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We saw no dramatic change in February 2022, and all metrics saw YoY increases except for inventory and number of sales. Bowen Island continued to lead Metro Vancouver in percentage increase in the MLS® Home Price Index compared to 2019; however, it ranked 6th when compared t...

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STATS ON BOWEN - January 2022

Posted on Feb 14, 2022

Upward pressure on prices continues

There were no surprises in the January stats. The MLS® HPI (Home Price Index) or benchmark price YoY increased 33.1 per cent to almost $1.39 million, the Average Sale Price increased 27.1 per cent to $1.75 million, and the Median Sale Price increased 12.6 per cent to reach $1...

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STATS ON BOWEN - December 2021

Posted on Jan 17, 2022

The past 18 months accounted for 56.1 per cent of the benchmark price increase during the last decade.

During the 12 months of 2021 on Bowen Island, the Average Sale Price increased 25.0 per cent, the Median Sale Price increased 11.4 per cent, and the MLS® HPI or benchmark price increased 33.7 per cent. Dollar...

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STATS ON BOWEN - November 2021

Posted on Dec 20, 2021

Market continues to moderate as inventory remains low

Following the trend of the last few months, year-over-year number of sales and inventory levels were down significantly in the month of November by -60.0 and -50.0 percent respectively, while year-to-date and year-over -year dollar volumes were up 8.7 and 1...

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Tim Rhodes

Mobile: 604-341-9488

Phone: 416-910-8183

Office Info

Kiwi Innovation Realty Inc

572 Artisan Lane  Vancouver,  BC   V0N 1G2 

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