March 2020

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...

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STATS ON BOWEN - February 2020

Posted on Mar 19, 2020

Recovery slow and will be further slowed by the impact of COVID-19 Bowen Island year-over-year comparisons for February show a market still in recovery. How COVID-19 will affect the market will governed by a number of factors: Will lower interest rates encourage buyers? Will stock market losses discourage buyers or will they perceive real estate as...

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