It was pretty slow in the Powell River residential real estate market with sales at 11 in December compared with 32 and 28 the last two years.  As a seasonal low, it’s not the lowest, but among them.  New listings were at 19 which is lower than last year at 25 but reasonably comparable to other Decembers.  People have their minds on other things in De...

Winter doldrums and a slowing market showed in the November stats for the Powell River residential real estate market with 17 sales, down from 30 in October. It’s not a record, but certainly slower than usual for November.  At 28 new listings, we’re down from 44 in October but pretty much on par for Novembers in the past several years.  Total listing...

October ’22 Update

Sales in the Powell River residential real estate market dropped off to 19 in September from a healthy 35 in August.  Nineteen is fairly typical for winter months but a bit low for what is usually an upbeat fall market.  Interest rate rises and anticipation of them have dampened sales this year.  Buyer interest is still there but we...