STATS ON BOWEN - August 2021
Posted on Sep 15, 2021
The next quarter
Use this link for the interactive report
Number of sales and dollar volume of sales down in August
Coming out of the slowest July and August since 2012, the third quarter of 2021 is shaping up to be the slowest in 9 years, and without new inventory, the 4th quarter will follow this trend.
Property sales were slow on Bowen with just 2 s...
STATS ON BOWEN - July 2021
Posted on Aug 23, 2021
Slowest July in the past 10 years
The number of sales and the dollar volume of sales for the month of July 2021 was a record low compared to the same month over the last 10 years. Typically, the market slows during the summer months as many buyers are on vacation, and this year the slow-down was exacerba...
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...
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.
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...
As Bowen real estate b...
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...
