September 2022

We are heading into buyer territory

Posted on Sep 08, 2022

Sunshine Coast September Real Estate Market Update

We are heading into buyer territory, meaning home sellers should prepare to do pre-listing work to catch the buyers' eye.

The Sunshine Coast has seen a fourth consecutive month of a reduced number of sales, increased days on the market and a reduction in HPI (Home Price Index) benchmark price for sin...

Read More

The Bank of Canada increases the lending rate

Posted on Sep 07, 2022

Sunshine Coast, BC Real Estate Market News

Canadians are experiencing another interest rate increase. Today, the Bank of Canada increased the overnight policy rate by 0.75 basis points bringing the overnight lending rate to 3.25% and the bank rate to 3.50%, making this the fifth interest rate increase this year.

The Bank of Canada is attempting to re...

Read More