Welcome to the Homes On The Sunshine Coast Blog
It has been a wonderful summer and September has arrived bringing one full day of much needed rain and then back to our beautiful sunshine and warm days. The Coast is still very active with tourists and locals enjoying the beaches, the sealife, the people and the atmosphere of the Sunshine Coast of BC. This is a wonderful place to visit and an even better place to live.
The following is a short excerpt for the August report housing report from the REBGV (Real Estate Board of Greater Vancouver):
“We’re seeing moderate demand, low interest rates and a healthy but slowing stream of supply in our marketplace, all variables that favour those looking to purchase a home,” Jake Moldowan, REBGV president said. “The last few months have also shown some stability when it comes to price fluctuations in the region, which is a welcome trend after reaching record highs in April.”
Since spring, housing prices have decreased 2.8 per cent compared to the all-time high reached in April when the residential benchmark price was $593,419. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.9 per cent to $576,597 in August 2010 from $539,600 in August 2009.
“Canada remains an attractive destination for foreign buyers, a fact that continues to affect activity in the Greater Vancouver housing market,” Moldowan said.
This is a very busy time for us with both buyers and sellers. If you are looking to either buy or sell a home, we will be happy to sit with you and talk about your options. We invite you to contact us to talk about Real Estate and our favorite topic, 'living on the Sunshine Coast'.
Barbie and Shay
Barbie 604 741.1239
Shay 604 989.9888
Reaching YOUR Goal is OUR Mission