Investing in the Sunshine Coast

Homebuyers ahead of Renting 90% of the Time! 

Posted on Oct 07, 2021

An age-old question for many is should they buy a home vs renting.   

Royal LePage did an nationwide study and determined that homeowners come out in front financially in more than 90% of scenarios analyzed.  In fact homeowners paid $769 less per month than renters in Q2 2021, on average!
Home ownership remains a top priority for many Canadians. While bu...

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Sunshine Coast Fall Market Report

Posted on Oct 04, 2021

What was once a quiet backwater getaway from Vancouver has become one of the hottest real estate markets in Canada.  The Sunshine Coast has hit record sales prices every month since August 2020 and average home prices have risen nearly $200,000 or 30% in this past year from $636,800 in Sept 2020 to $831,500 for Sept 2021.  

From Gibsons to Pender Harbo...

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Sunshine Coast Market Report - August 

Posted on Aug 16, 2021

"Pender Harbour and Hotel Lake"

After a slight dip in prices for June, July showed a stead market with prices holding firm or still rising in some categories. The average home price across the Sunshine Coast went up to $804,900 from $801,100 the month prior. Most of these gains were from increased average prices in apartments (up to $521,500 from $5...

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More Canadians Are Buying Second Homes and They are Younger Than You Think

Posted on Jul 28, 2021

You may be surprised to know that more than one in ten homeowners in Canada’s three largest urban centres – the greater regions of Toronto, Montreal and Vancouver – currently owns multiple properties. A recent Royal LePage survey, conducted by Leger, found that 14% of homeowners in Greater Vancouver own more than property. Similarly, 13% of homeown...

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Sunshine Coast Market Report - July

Posted on Jul 19, 2021

The June market showed some signs of slowing down after 18 months of record breaking sales and prices with the HPI (Housing Price Index) showing a very slight drop to $801,100 from $804,100. As forecasted in our May market report, homes priced from the 800,000's to $1,500,000's took a bit longer to sell last month, except for rare acreages or water...

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Buying Real Estate with Partners - Making Co-Ownership Work for You

Posted on Jul 02, 2021

Dreaming of that fabulous waterfront estate but haven't won the lottery yet?  Are you able to afford the mortgage but don't enough for the downpayment?  Or have the new mortgage financing rules pushed homeownership just out of reach?    

Partnering with friends or family in a co-ownership agreement could help your home ownership dreams come true. The adde...

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