Mike Carson

Your local Sunshine Coast Realtor

Cell 604-740-1841

Office (24 hour pager) (888) 385-3295

Email: info@sunshinecoastland.com

I have listed a new property at Lot B PORTERS RD in Pender Harbour.
Rare opportunity to own a large 5.5 acre estate with frontage on Sunshine Coast Hwy and Porters Rd. RU1 zoning permits many uses. Gentle topography enables easy access. Wildlife abounds in this area including Roosevelt Elk. Convenient location close to ocean and Madeira Park. Build your dream home on this super private spot and watch your investment grow!
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VANCOUVER, BC – September 4, 2019 –


Home buyer activity increased to more typical levels in Metro Vancouver* throughout the summer months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrease from the 2,557 homes sold in July 2019.


Last month’s sales were 9.2 per cent below the 10-year August sales average. “Home sales returned to more historically normal levels in July and August compared to what we saw in the first six months of the year,” said REBGV President Ashley Smith.


There were 3,747 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2019. This represents a 3.5 per cent decrease compared to the 3,881 homes listed in August 2018 and an 18.8 per cent decrease compared to July 2019 when 4,613 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 13,396, a 13.3 per cent increase compared to August 2018 (11,824) and a 5.9 per cent decrease compared to July 2019 (14,240). For all property types, the sales-to-active listings ratio for August 2019 is 16.7 per cent. By property type, the ratio is 12 per cent for detached homes, 18.4 per cent for townhomes, and 21.2 per cent for apartments. Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.


“With more demand from home buyers, the supply of homes listed for sale isn’t accumulating like earlier in the year. These changes are creating more balanced market conditions,” Smith said.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $993,300. This represents an 8.3 per cent decrease over August 2018 and a 0.2 per cent decrease compared to July 2019.


Sales of detached homes in August 2019 reached 706, a 24.5 per cent increase from the 567 detached sales recorded in August 2018. The benchmark price for detached homes is $1,406,700. This represents a 9.8 per cent decrease from August 2018 and a 0.7 per cent decrease compared to July 2019.


Sales of apartment homes reached 1,116 in August 2019, an 8.9 per cent increase compared to the 1,025 sales in August 2018. The benchmark price of an apartment property is $771,000. This represents a 7.4 per cent decrease from August 2018 and a 0.1 per cent increase compared to July 2019.


Attached home sales in August 2019 totalled 409, a 21.4 per cent increase compared to the 337 sales in August 2018. The benchmark price of an attached unit is $654,000. This represents a 7.8 per cent decrease from August 2018, a 0.2 per cent increase compared to July 2019.

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I have sold a property at 9953 WESCAN RD in Halfmoon Bay.
Excellent housing opportunity in Smugglers Cove area with 2 bed, 2 bath solid house to renovate and call home. Lovely setting surrounded by fine homes, walking trails, marinas, and only 15 minutes to Sechelt. Right across from RVYC Secret Cove outstation. Great place to retire or start a family, put a little sweat equity into this now while prices are low, and reap the rewards later. Lots of room to build a workshop or garage. Beautiful property with lots of privacy, sunshine, and great neighbours!
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I have sold a property at 4635 GERRANS BAY RD in Madeira Park.
Open, light filled rancher with ocean view near to Madeira Park. No details were overlooked in the craftsman style renovation, including heat pump and new generator. Only quality materials used and all maintenance up to date. You will love the privacy of the fully fenced and gated property and the large windows overlooking a bird-filled garden oasis. Revel in the many rare plantings, everything automatically irrigated, surrounded by nature, quiet, and fresh breezes . Spacious rooms make this lovingly cared for home feel bigger than 2100 sq ft. Bonus, fully fenced with dog-run. Super neighbourhood with hiking trails, marinas, shopping and health center very close by. Just move in and enjoy this perfect West Coast lifestyle!
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I have sold a property at 10089 PAINTER RD in Halfmoon Bay.
Martha Stewart lives here, and all floor plan and materials thought out to maximize the enjoyment in your home, whether full time or just as a summer place. This year round home boasts excellent quality materials and attention to detail. Additional features include huge pantry, new hot water tank, cozy gas fireplace, bonus garage to store your toys. Room to expand if needed. Lovely low maintenance garden lovingly created over 10 years. Great location, walk to one of several marinas, rent a boat for the day, drive to Sechelt only 15 minutes, so escape the hustle and bustle and enjoy the peace and quiet of this natural setting on approx .42 of an acre.
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I have sold a property at 7584 EUREKA AVE in Halfmoon Bay.
Quality Halfmoon Bay offering of 3 bed, 3 bath, main floor office, exceptionally well maintained home with gardens that reflect a 13 year dedication to perfection. Custom timber frame arbour, potting shed, greenhouse, raised beds and more beautiful surprises for you around every turn. The home has had new floors, paint, gas fireplace, roof, ...everything has been done and it's ready to move in and start growing organic food for your family. Location is close to Sargeants Bay beach, Triangle Lakes hiking trails, Halfmoon Bay Elementary, store, bus, and a great neighbourhood on a quiet cul-du-sac. Truly a special space to come home to.
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I have listed a new property at 4522 MERRILL RD in Madeira Park.
Light filled rooms and spacious sunny decks to enjoy all day sun in this immaculate 2 bed 2 bath rancher. Over a 1/3 of an acre for you to build your workshop or double garage. Fully serviced with high-speed fiber optic, sewer and water. Walking half a block to the ocean and the trails of Francis Point Marine Park is an added bonus. Experience the fresh air and tranquility of this lovely neighbourhood. Just move in and enjoy.
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I have listed a new property at 633 BEACH AVE in Gibsons.
Heritage Hills charmer with unique features blending a piece of local history and modern conveniences. Newly updated kitchen, decks and floors, high efficiency gas furnace, and lovely mature gardens are featured in this special home. Large master bedroom features Widow's Walk balcony to watch for the next ferry or passing boats. New 2 piece ensuite added for convenience. Open plan kitchen, living, and dining areas combine with large windows (some newly replaced) to give a light, airy feeling of space. Absolutely a premier location in Gibsons with beach access a block away.
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The Sunshine Coast is a market unto itself but we are not disconnected from the greater Lower Mainland market.  Generally I like to concentrate on the Sunshine Coast statistics but sometimes it is beneficial to look at the bigger picture.  To that end I am providing a link to the Real Estate Board of Greater Vancouver's stats package for May in its entirety, so you can see how we stack up against the rest of the Lower Mainland.  Here it is:  file:///C:/Users/Lori/Documents/SunshineCoastLand.com/Stats/0REBGV-Stats-Pkg-May-2019.pdf


As for us on the Sunshine Coast in May 2019 we saw the benchmark price of single detached homes go down slightly (1.8% from the month before and 4.9% since May of 2018) to $600,300.  Keep in mind, though, that number is still up 34.8% over what it was only 3 years ago.   We had 47 sales in May (compared to 68 in May 2018), and 145 listings (126 in May 2018).


These numbers represent a slowdown in the market spurred by government intervention, not a bursting bubble.

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I have listed a new property at 10089 PAINTER RD in Halfmoon Bay.
Martha Stewart lives here, and all floor plan and materials thought out to maximize the enjoyment in your home, whether full time or just as a summer place. This year round home boasts excellent quality materials and attention to detail. Additional features include huge pantry, new hot water tank, cozy gas fireplace, bonus garage to store your toys. Room to expand if needed. Lovely low maintenance garden lovingly created over 10 years. Great location, walk to one of several marinas, rent a boat for the day, drive to Sechelt only 15 minutes, so escape the hustle and bustle and enjoy the peace and quiet of this natural setting on approx .42 of an acre.
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I have sold a property at 937 FEENEY RD in Gibsons.
Super location on private cul du sac, ocean view, basement suite with great tenant, plus upstairs 3 bedrooms 2 bath including jacuzzi ensuite. Lovely property with mature plantings and gardens. Wood fireplace, hot water heat, (gas available), 2 car garage, self contained suite adds income and security, bright and sunny backyard. Soames beach a stone's throw away...
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MAY 29, 2019 BANK OF CANADA PRESS RELEASE:


The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.


Recent Canadian economic data are in line with the projections in the Bank’s April Monetary Policy Report (MPR), with accumulating evidence that the slowdown in late 2018 and early 2019 is being followed by a pickup starting in the second quarter. The oil sector is beginning to recover as production increases and prices remain above recent lows. Meanwhile, housing market indicators point to a more stable national market, albeit with continued weakness in some regions.


Continued strong job growth suggests that businesses see the weakness in the past two quarters as temporary. Recent data support a pickup in both consumer spending and exports in the second quarter, and it appears that overall growth in business investment has firmed. That said, inventories rose sharply in the first quarter, which may dampen production growth in coming months.


The global economy is also evolving largely as expected since April, although the recent escalation of trade conflicts is heightening uncertainty about economic prospects. In addition, trade restrictions introduced by China are having direct effects on Canadian exports. In contrast, the removal of steel and aluminum tariffs and increasing prospects for the ratification of CUSMA will have positive implications for Canadian exports and investment.


Inflation has evolved in line with the Bank’s April projection. The Bank expects CPI inflation to remain around the 2 per cent target in the coming months. Core inflation measures all remain close to 2 per cent.


Overall, recent data have reinforced Governing Council’s view that the slowdown in late 2018 and early 2019 was temporary, although global trade risks have increased. In this context, the degree of accommodation being provided by the current policy interest rate remains appropriate. In taking future policy decisions, Governing Council will remain data dependent and especially attentive to developments in household spending, oil markets and the global trade environment.

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I have listed a new property at 9953 WESCAN RD in Halfmoon Bay.
Excellent housing opportunity in Smugglers Cove area with 2 bed, 2 bath solid house to renovate and call home. Lovely setting surrounded by fine homes, walking trails, marinas, and only 15 minutes to Sechelt. Right across from RVYC Secret Cove outstation. Great place to retire or start a family, put a little sweat equity into this now while prices are low, and reap the rewards later. Lots of room to build a workshop or garage. Beautiful property with lots of privacy, sunshine, and great neighbours!
Read full post
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.