WEEKLY MARKET SNAPSHOT FOR THE SUNSHINE COAST, ALL PROPERTY TYPES. MARCH 04 – MARCH 11

This week we saw 6 sales, a whopping 63 new listings, 17 price reductions and a drastic drop to 46 days on market!

Other News Last Week

The Bank of Canada decided to maintain its benchmark interest rate on Wednesday March 6, indicating a reluctance to ease monetary policy despite recent trends of cooling inflation. This decision marks the fifth consecutive hold at 5.0%, a move widely anticipated by economists. Governor Tiff Macklem emphasized that it’s premature to consider interest rate cuts until there’s substantial progress in addressing core inflation concerns.

The Sunshine Coast BC real estate market is picking up and we head into Spring. We are seeing certain well priced properties receiving multiple offers again.

Is now the best time to sell?

Check back in next week to see how the real estate market on the Sunshine Coast BC is!

8 Years in The Medallion Club

I’m proud to share that 2023 marked my 8th year being recognized among the top 10% of all realtors in the Greater Vancouver Real Estate Board for sales. This distinction would absolutely not be possible without the support of you, my family, friends and client community. I would like to extend heartfelt thanks for your  support throughout my journey as a Realtor.

Eleven years ago, when considering a career move, among some of the important things I was looking for was a career that would allow congruency and flexibility to volunteer in my community. Living on the Sunshine Coast has afforded me the privilege to work as a Realtor as well as actively contribute to my community, in a way that aligns with these values. This past year, I was able to coach my son’s volleyball team, continue volunteering at the Chatelech hot lunch program, and serve on the Loans and Investment Committee of Community Futures, Secret Santa and The Elves Club. I am immensely grateful for the opportunity to make a positive impact both in real estate and in my community. Thank you!