January sales fell off from 32 in December to 20 which follows the downward trend in available homes for sale in the Powell River residential real estate market.  At 59 residential properties for sale, inventory in January was at the lowest I’ve seen in the seven years I’ve been keeping track.  However, January also showed a nice bo...

This past year 50% of our residential buyers were from the Lower Mainland area, up a bit from previous years whereas sales to those from the out of province are down a bit. About 65% purchased a principle residence whereas others purchased for investment or recreation. About 12% purchased their first home while roughly 10% retired to P...