STATS ON BOWEN - Year End 2024
Posted on Feb 11, 2025
2024 shows modest gains over 2023
While the Number of Sales was up +37.4 per cent and Dollar Volume of Sales was up $20 million, the MLS®HPI (Home Price Index) or benchmark price for Bowen Island, LTM, rose only 1.0 pe...
STATS ON BOWEN - October 2024
Posted on Nov 17, 2024
YtD number of sales up. Average sold price flat.
The MLS® Home Price Index or benchmark price was down -0.6 per cent over the last twelve months (LTM) for Bowen Island, the weakest performance compared to Metro Vancouver municipalities. All other municipalities showed increases ranging from +1.9 per cent for Anm...
STATS ON BOWEN - September 2024
Posted on Oct 20, 2024
Highest inventory in a decade
At the end of August 2024, the Bowen Island MLS® Home Price Index or Benchmark Price LTM (Last Twelve Months) was $1,406,933, down -0.7 per cent compared to September 2023 and down -0.2 per cent compared to August 2024. The LTM Benchmark Price ranged from a low of -0.7 per cent (Bowen...
STATS ON BOWEN - Jul Aug 2024
Posted on Sep 09, 2024
Expect a buyers’ market to continue into the fall
Recent federal government announcements to raise the insured mortgage cap and expand 30-year amortizations combined with the Bank of Canada continued policy rate reductions1 will encourage buyers.
“Key measures include raising the insured mortgage limit to $1.5 mil...
STATS ON BOWEN - May Jun 2024
Posted on Sep 08, 2024
Inventory at its highest level since Nov 2014
At the end of June 2024, Bowen Island’s year-over-year (YoY)* MLS® Home Price Index or Benchmark Price ($1,414,483) was -2.0 per cent lower than June 2023; however, it was up 1.1 per cent from the low of $1,398,992 in April 2024. The YoY Dollar Volume of Sales ($71,824...
STATS ON BOWEN - Mar Apr 2024
Posted on Aug 27, 2024
High inventory should attract buyer interest
At the end of April 2024, Bowen Island’s year-over-year (YoY)* change in the MLS® Home Price Index or Benchmark Price was -6.5 per cent lower than in April 2023, the highest YoY loss for the same period when compared to other Metro Vancouver municipalities, and a reflec...
