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Adam Chahl

Oakwyn Realty

1286 Homer Street  Vancouver,  British Columbia  V6B2Y5 

Mobile: 7783856141

Phone: 6046308842

adam@chahl.com

Recent Blog Entries

BCREA 2020 First Quarter Housing Forecast Update

MLS Home Sales Predictions for 2020

BC Homes Sales Carry Momentum into 2020


The British Columbia Real Estate Association (BCREA) released its 2020 First Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 10.3 per cent to 85,290 units this year, after recording 77,349 residential sales in 2019. MLS® resident...

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Bank of Canada Interest Rate Announcement

Bank Of Canada Interest Rate Announcement January 2020The Bank of Canada held its overnight rate at 1.75 percent this morning. In the statement accompanying the decision, the Bank noted that while economic growth slowed in the fourth quarter, the global economy appears to be stabilizing and export demand and business investment should pick-up over the next year. In addition, strong population and inco...

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Housing Markets Flat in 2019 After Strong Second Half

MLS Residential SalesThe British Columbia Real Estate Association (BCREA) reports that a total of 77,331 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2019, a decline of 1.5 per cent from the 78,516 units sold in 2018. The annual average MLS® residential price in BC was $700,460, a decline of 1.6 per cent from $711,564 recorded the pre...

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