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Adam Chahl

Oakwyn Realty

1286 Homer Street  Vancouver,  British Columbia  V6B 2Y5 

Phone: (604) 800-8710

adam@chahl.com

Recent Blog Entries

Bank of Canada Interest Rate Announcement

Bank of Canada Interest Rates - January 2021The 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...

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Real Estate in Vancouver - 2020 in Review

Year In Review - Vancouver Real EstateA Year Like No Other

Taking a look back on 2020, it’s quite remarkable that we ended the year with as many transactions as we did. In early 2020 the market stalled as the pandemic took centre stage.

However, as the year progressed we’ve seen a huge uptake in the number of transactions, driven by people’s desire for more space and more affordable hous...

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Canadian Housing Starts (December 2020)

BC Housing Starts - Vancouver Real EstateCanadian housing starts decreased by 12.6% m/m to 228,279 units in December at a seasonally adjusted annual rate (SAAR), following a strong increase of 14% in the previous month. Housing starts decreased in 8 of 10 provinces with the largest decline in Manitoba (-40.5%). Building activity declined in both the single-detached (-6.2%) and multi-unit...

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