Adam Chahl BSc (Hons)
Adam Chahl is an award-winning Vancouver Real Estate Agent, a member of the Medallion Club (awarded to the top 10% of agents in Vancouver), and has been empowering people to purchase real estate for many years.Growing up in the UK amidst a family heavily focused on Real Estate Development. Adam has sought out, secured financing, and project managed successful and profitable build projects in the UK, the Caribbean, and here in Beautiful British Columbia.
Having a strong business background Adam graduated from Aston Business School in the UK with Honors, he has worked with several large ‘blue chip’ corporations in Project Management and Business Development roles. He actively donates to the Children’s Miracle Network, the BC Heart and Stroke Foundation, and is a ‘Big Brother’ with the Urban Native Youth Association.
Today the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell 8.4% nationally from May to June 2021, marking the third consecutive monthly decline. Over the same period, the number of newly listed properties fell 0.7%, and the MLS Home Price Index rose 0.9%, a marked deceleration from previous month...
The Bank of Canada raised its inflation forecast in the newly released July Monetary Policy Report (MPR), making it one of the most hawkish central banks in the world. The Bank announced its third action to reduce its emergency bond-buying stimulus program by one-third. The central bank was among the first from the advanced economies to shift to a...
This morning, Statistics Canada released the June 2021 Labour Force Survey showing employment rose 230,700 (1.2%) in June, rebounding from a cumulative decline over the previous two months of 275,000. Total hours worked were little changed. The national unemployment rate fell 0.4 percentage points to 7.8%.
The Bank of Canada maintained its overnight rate at 0.25 per cent this morning, a level it considers its effective lower bound. The Bank reiterated what it calls "extraordinary forward guidance" in committing to leaving the overnight rate at 0.25 per cent until slack in the economy is absorbed and inflation sustainably returns to its 2 per cent tar...
Vancouver, BC – July 12, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 11,070 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2021, an increase of 34.7 per cent over June 2020. The average MLS® residential price in BC was $910,445, a 22.2 per cent increase from $745,194 recor...