September sales in the Powell River real estate market were down from August (29) to 20.  New listings were also down at 28 from 59 in August.  Overall inventory stands at 157, down from August’s 173.  It’s slower!  The numbers are showing a buyer’s market after four months of balanced market.  With inflation back up in August and continued uncertainty...

August in the Powell River residential real estate market was pretty much a clone of July with 29 sales, up from 28 and 59 new listings, up from 58.  These numbers are ‘reasonably average’ for this time of year.  The hot markets were higher but over time these numbers fit in well.  With no interest rate change this month, it feels like we can expect S...

There was a small uptick to 31 sales from 27 in May in the Powell River residential real estate market this past month.  The market is generally slower than usual this summer due mainly to the rising interest rates which put a purchase out of reach for some and uncertainty about where prices are going for others. Demand is still strong and we are se...