Greater Vancouver & Fraser Valley Average Price (All property types):


Greater Vancouver & Fraser Valley Total Inventory (All property types):


Greater Vancouver & Fraser Valley Days On Market (All property types):


Will the May Inflation Decline Thwart Another Rate Hike in July?

Posted on Jun 29, 2023 in Mortgage News

Will the May Inflation Decline Thwart Another Rate Hike in July?The May inflation data, released this morning by Statistics Canada, bore no surprises. The year-over-year (y/y) inflation measured by the Consumer Price Index (CPI) at 3.4% was just as expected--down a full percentage point from the April reading. This is the smallest increase since June 2021. Economists hit this one on the head because we knew dro...

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Canadian Housing Starts (May 2023)

Posted on Jun 24, 2023 in Market Update

 Canadian Housing Starts (May 2023)Canadian housing starts fell 23 per cent to 202,494 units in May at a seasonally adjusted annual rate (SAAR). Starts were down 28 per cent from the same month last year. Single-detached housing starts rose 3 per cent to 55,967 units, while multi-family and others fell 29 per cent to 146,528 (SAAR).

In British Columbia, starts fell by 33 per cent in...

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Canadian Employment (May 2023) 

Posted on Jun 13, 2023


Canadian employment fell by 0.1 per cent to 20.11 million in May. The Canadian unemployment rate rose to 5.2 per cent after holding steady at 5 per cent since December. A decline in employment of 77,000 for youths (aged 15 to 24) more than offset a 63,000 rise in employment for middle-aged workers (aged 25 to 54). Total hours worked were up 2.2 per...

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Bank of Canada Interest Rate Announcement - June 7th 2023

Posted on Jun 08, 2023

Bank of Canada Interest Rate Announcement - June 7th 2023The Bank of Canada raised its overnight policy rate this morning by 25 basis points to 4.75 per cent. In its statement accompanying the decision, the bank noted that the Canadian economy was stronger than expected in the first quarter and spending in interest rates sensitive sectors, like the housing market, has picked up. On inflation, the Bank co...

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Discover Your Perfect Home: Kitsilano Townhouses for Sale

Posted on Jun 04, 2023 in Community

 Discover Your Perfect Home: Kitsilano Townhouses for SaleAre you looking for a vibrant and trendy neighborhood in Vancouver to call home? Look no further than Kitsilano, a sought-after area known for its lively atmosphere, beautiful scenery, and convenient amenities. In this article, we'll explore the allure of Kitsilano and delve into the world of Kitsilano townhouses for sale. Whether you're a young pr...

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Discover Your Dream Home: Kitsilano Houses for Sale

Posted on Jun 04, 2023 in Community

 Discover Your Dream Home: Kitsilano Houses for SaleAre you in search of a vibrant neighborhood in Vancouver that combines urban living with a touch of nature? Look no further than Kitsilano, a highly desirable area known for its beautiful houses and unparalleled lifestyle. In this article, we'll explore the charm and appeal of Kitsilano, and dive into the world of Kitsilano houses for sale. Whether...

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Get In Touch

Adam Chahl

Oakwyn Realty

1286 Homer Street  Vancouver,  British Columbia  V6B 2Y5 

Phone: (604) 800-8710

adam@chahl.com