Subscribe with RSS Reader
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.
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.
Post Your Comment: