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New property listed in Isl Quadra Island, Islands

I have listed a new property at 488 Cape Mudge Rd in Quadra Island. See details here

Discover your own slice of rural paradise on this expansive 7.7-acre property. Nestled in a serene south-facing setting, this land offers ample space for imaginative projects and the seclusion you crave. Ideal for a small farm or lush gardens, the property boasts a bounty of well-established fruit and nut trees. Venture to the back of the property and find yourself immersed in a wooded area with valuable lumber. Conveniently situated just under 2km from the ferry and local businesses, this location effortlessly combines accessibility with tranquility. The crown jewel of this property is a one-of-a-kind custom-built home, featuring four bedrooms, two bathrooms, and a spacious garage with over-height doors. The septic system has been recently replaced, and two shallow wells provide an abundance of high-quality water. To truly appreciate the beauty and uniqueness of this property, you must see it for yourself. Don't miss this opportunity to create your own idyllic retreat.

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Open House. Open House on Saturday, March 30, 2024 2:00PM - 4:00PM

Please visit our Open House at 488 Cape Mudge Rd in Quadra Island. See details here

Open House on Saturday, March 30, 2024 2:00PM - 4:00PM

Discover your own slice of rural paradise on this expansive 7.7-acre property. Nestled in a serene south-facing setting, this land offers ample space for imaginative projects and the seclusion you crave. Ideal for a small farm or lush gardens, the property boasts a bounty of well-established fruit and nut trees. Venture to the back of the property and find yourself immersed in a wooded area with valuable lumber. Conveniently situated just under 2km from the ferry and local businesses, this location effortlessly combines accessibility with tranquility. The crown jewel of this property is a one-of-a-kind custom-built home, featuring four bedrooms, two bathrooms, and a spacious garage with over-height doors. The septic system has been recently replaced, and two shallow wells provide an abundance of high-quality water. To truly appreciate the beauty and uniqueness of this property, you must see it for yourself. Don't miss this opportunity to create your own idyllic retreat.

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New property listed in Isl Quadra Island, Islands

I have listed a new property at 1206 Dawnray Rd in Quadra Island. See details here

OCEAN VIEWS! This beautifully landscaped property on a very private lot is a very unique package, offering a serene living experience. Step inside to find a kitchen boasting wood floors, granite counters and a propane stove. The extensive use of wood throughout this Japanese style home adds to its cozy charm, complemented by a European style woodstove. West-facing living room is perfect for watching sunsets. The master suite is a true retreat; offering its own sitting room, sauna, shower, and soaker tub—perfect for unwinding after a long day. Step outside onto spacious decks offering the ultimate in relaxation while enjoying the breathtaking views. New roof has been added in 2019. A detached workshop boasts a bright space for your creativity and imagination while enjoying amazing ocean views.

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Open House. Open House on Saturday, March 30, 2024 12:00PM - 1:30PM

Please visit our Open House at 1206 Dawnray Rd in Quadra Island. See details here

Open House on Saturday, March 30, 2024 12:00PM - 1:30PM

OCEAN VIEWS! This beautifully landscaped property on a very private lot is a very unique package, offering a serene living experience. Step inside to find a kitchen boasting wood floors, granite counters and a propane stove. The extensive use of wood throughout this Japanese style home adds to its cozy charm, complemented by a European style woodstove. West-facing living room is perfect for watching sunsets. The master suite is a true retreat; offering its own sitting room, sauna, shower, and soaker tub—perfect for unwinding after a long day. Step outside onto spacious decks offering the ultimate in relaxation while enjoying the breathtaking views. New roof has been added in 2019. A detached workshop boasts a bright space for your creativity and imagination while enjoying amazing ocean views.

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Open House. Open House on Saturday, March 30, 2024 10:00AM - 11:30AM

Please visit our Open House at 1396 West Rd in Quadra Island. See details here

Open House on Saturday, March 30, 2024 10:00AM - 11:30AM

12.8 Acres. Fantastic opportunity to build your future. Large sunny acreage with great revenue generating potential or quiet place to find peace. The existing house (2 bed 2 bath) is small but fully usable while the addition, another 2 bedroom and family room space, is completed or your dream house built. The property has several other structures that can be used for storage, offices or workshop spaces. There is a 900 sq ft covered RV enclosure with power water and septic. A 3000 sq ft concrete slab is ready to be finished to realize your vision. ALR Land use allows producing and selling beer, wine, cider, kombucha, agro-tourism, greenhouses, orchard. The property is ideally located between the island's two ferry terminals with a cleared building site for commercial or residential use near the road. The rest of the property is quietly secluded away from traffic. A unique opportunity to start living your dreams today. Open House March 9, 12-2PM

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Real Estate Statistics for the Month of February

As we delve into the real estate market for the month of February, it's evident that each city has its own unique story to tell. From Victoria to Nanaimo, Vancouver to Calgary to Toronto, the trends and statistics vary, showcasing the diverse nature of Canada's real estate landscape. All across the country we are facing high interest rates, high demand for housing due to record immigration numbers and slow down in construction starts. It’s a perfect storm for prices to go even higher in this mostly balanced market.  
Let's take a closer look at the market performance in each of these cities.

Victoria

In Victoria, the real estate market continued to show strength in February. According to the Victoria Real Estate Board (VREB), a total of 470 properties were sold in the region, marking a 2.2% increase compared to the same month last year.
“We saw glimmers of a start to the spring market over the course of February,” said 2024 Victoria Real Estate Board Chair Laurie Lidstone. “In addition to the increase in sales, more than five hundred new listings came to market when compared to last year’s inventory numbers. This much needed inventory gives buyers more selection and more time to make their purchasing decisions. We’ve also seen prices continue to remain stable, which is excellent for buyers and sellers because it makes the transaction much more predictable.”


The benchmark value for a single family home in the Victoria Core in February 2023 was $1,251,000. The benchmark value for the same home in February 2024 decreased by 0.3 per cent to $1,247,400, up from January’s value of $1,244,000. The MLS® HPI benchmark value for a condominium in the Victoria Core area in February 2023 was $549,300 while the benchmark value for the same condominium in February 2024 increased by 1.4 per cent to $557,000, down from the January value of $559,000.

FULL REPORT HERE

Vancouver
“Home Sellers awaken this spring, bringing much-needed inventory to the housing market.”
The Vancouver real estate market saw a mixed performance in February. According to the Real Estate Board of Greater Vancouver (REBGV), a total of 2070 residential properties were sold in February, a 13.5% increase compared to the same month last year.
“While the pace of home sales started the year off briskly, the pace of newly listed properties in January was slower by comparison. A continuation of this pattern in February would have been concerning, as it could quickly tilt the market towards overheated conditions,” Andrew Lis, GVR’s director of economics and data analytics said. “With new listings up about 31 per cent year-over-year in February, this will relieve some of the pressure that was building in January and offer buyers more choice as we enter the spring and summer markets.”

“Even with the increase in new listings however, standing inventory levels were not high enough relative to the pace of sales to mitigate price acceleration in February, with most segments of the market moving into sellers’ territory,” Lis said. “This competitive dynamic has led to modest price growth across all market segments this month, but it’s noteworthy that benchmark prices remain below the peak observed in the spring of 2022, before the market internalized the full effect of the Bank of Canada’s tightening cycle.

The benchmark price for a detached home is $1,972,400. This represents a 7.2 per cent increase from February 2023 and a 1.5 per cent increase compared to January 2024. The benchmark price of an apartment home is $770,700. The benchmark price of a townhouse is $1,094,700

FULL REPORT HERE

Calgary

Low inventory and high demand drive price gains in February.
Calgary's real estate market experienced a surge in activity in February. The Calgary Real Estate Board (CREB) reported a total of 2711 residential sales in February, marking a 23% increase compared to the same month last year.
Purchasers are acting quickly when new supply comes onto the market, preventing inventory growth in the market," said Ann-Marie Lurie, Chief Economist at CREB®. “It is this strong demand and low supply that continues to drive price gains in Calgary. The biggest supply challenge is for homes priced under $500,000, which saw inventories fall by 31 per cent compared to last February. At the same time, we are starting to see supply levels rise for higher priced homes supporting more balanced conditions in the upper end.

The benchmark price of a detached home rose to $721,300, showcasing the high demand and competitive nature of the market. Semi detached reached $639,100. Row homes $436,500. Apartments $329,600.

FULL REPORT HERE


Toronto
The Toronto real estate market remained strong in February, with high demand driving prices up. According to the Toronto Regional Real Estate Board (TRREB), a total of 5,607 residential transactions were recorded in February, a 17.9% increase compared to the same month last year.
“As we move through 2024, an increasing number of buyers will re-enter the market with adjusted housing preferences to account for higher borrowing costs. In the second half of the year, lower interest rates will further boost demand for ownership housing. First-time buying activity will also be a contributing factor, as many renters look to trade high monthly rents for a long-term investment in which they can live and build equity,” said TRREB Chief Market Analyst Jason Mercer
“Population growth has been at a record pace and with the anticipated lower borrowing costs, the demand for housing – both ownership and rental – will also increase over the next two years. Unaffordable housing not only has a financial impact but also a social impact. Recent research conducted for TRREB by CANCEA in our 2024 Market Outlook and Year in Review report underscores the negative impact of unaffordable housing on peoples’ mental health and life satisfaction. It’s comforting to see that there has been some real building happening in the GTA and that the provincial government is rewarding those municipalities that are working to eliminate the red tape and meet those homeownership needs,” said TRREB CEO John DiMichele.

The average price of a detached home in the area code (416) is $1,657,026. Semi-detached: $1,319,884. Townhouse $970,967. Condo:$726,608

FULL REPORT HERE

Nanaimo

“February Sees Significant Sales Increase”
Last month, 254 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, up 15 per cent from one year ago and 67 per cent from January 2024.
“Board-wide, sales rose significantly from last February, while month over month, increases were in the high double digits,” says Jason Yochim, VIREB Chief Executive Officer. “REALTORS® are reporting that although many buyers are waiting for spring, pent-up demand is high.”
While much media attention has been on interest rates and a hoped-for reduction from the Bank of Canada, some financial institutions are offering excellent rates. “In fact, five-year fixed rates are between five and seven per cent, and for current clients, some banks are offering rates of less than five per cent for longer terms,” adds Yochim. “We encourage people to speak to a mortgage professional to determine their best option.”

In Campbell River, the benchmark price of a single-family home was $661,600 last month, up nine per cent from the previous year. The Comox Valley’s year-over-year benchmark price rose by six per cent to $829,500. In the Cowichan Valley, the benchmark price 2was $749,900, a five per cent increase from February 2023. Nanaimo’s year-over-year benchmark price rose by six per cent to reach $787,000, while the Parksville-Qualicum area saw its benchmark price increase by three per cent to $845,700. The cost of a benchmark single-family home in Port Alberni was $528,400, up nine per cent from the previous year. For the North Island, the benchmark price of a single-family home dropped by four per cent to $392,100.

FULL REPORT HERE

In conclusion, February presented a mixed bag of trends in the real estate markets of Victoria, Vancouver, Calgary, Toronto, and Nanaimo. While some cities experienced a surge in sales and price growth, others saw a slight slowdown. It’s still too early to tell if the Spring market will be very busy with sales or with listings. It appears to me that there will be a lot more inventory hitting the market soon. Great news for the buyers waiting for some options.

These trends indicate the resilience and diversity of Canada's real estate market, offering opportunities for both buyers and sellers in different regions.

Quadra Island Real Estate:
February had a busy start on Quadra Island, with 7 new listings, 2 pending, 1 cancelled and 1 expired listing. All prices were between $579,000 and 1,900,000. Out of the 11 listings 6 are over the million dollar mark. Quadra Island has currently 21 active listings.

QUADRA ISLAND REAL ESTATE LISTINGS


Cortes Island Real Estate:
Cortes saw 2 new listings, one of which was a re-list, one sold, and 1 expired. Cortes currently has 10 active listings.

CORTES ISLAND REAL ESTATE LISTINGS

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Open House. Open House on Saturday, March 9, 2024 12:00PM - 2:00PM

Please visit our Open House at 1396 West Rd in Quadra Island. See details here

Open House on Saturday, March 9, 2024 12:00PM - 2:00PM

12.8 Acres. Fantastic opportunity to build your future. Large sunny acreage with great revenue generating potential or quiet place to find peace. The existing house (2 bed 2 bath) is small but fully usable while the addition, another 2 bedroom and family room space, is completed or your dream house built. The property has several other structures that can be used for storage, offices or workshop spaces. There is a 900 sq ft covered RV enclosure with power water and septic. A 3000 sq ft concrete slab is ready to be finished to realize your vision. ALR Land use allows producing and selling beer, wine, cider, kombucha, agro-tourism, greenhouses, orchard. The property is ideally located between the island's two ferry terminals with a cleared building site for commercial or residential use near the road. The rest of the property is quietly secluded away from traffic. A unique opportunity to start living your dreams today. Open House March 9, 12-2PM

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New property listed in Isl Quadra Island, Islands

I have listed a new property at 1396 West Rd in Quadra Island. See details here

12.8 ACRES FARM. Bring your creative ideas to make your dreams come true! 2 bed, 2 bath is nicely renovated and ready to be lived in. There is an addition to the house that's almost complete but needs some work. It would add extra 2 big bedrooms, and a living room. Rental potential in the covered RV pad (RV could be included in the sale) that's all ready for rental income. The property also has a detached workshop for all your tools and projects. There is also a 3000sf concrete slab that could be used for a warehouse building. Lots of sun in the open field that could be used as a garden, greenhouse, or an orchard. The property boasts with lots of potential to make this an amazing business/ living space. ALR land use allows for wineries and cideries, equestrian facilities, farming and ranching, agri-tourism (short term rentals). Bring your ideas and start living your dreams today.

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2024 January Statistics and trends

2024 January Real Estate Market Statistics and Trends: A Comprehensive Analysis

Welcome to QuadraRealty.ca's monthly real estate market update for January 2024. In this report, we will provide an in-depth analysis of the market statistics and trends for Victoria, Nanaimo, Campbell River, Calgary, Toronto, and Vancouver, based on the latest data from reputable real estate boards. Whether you're a homebuyer, seller, or investor, understanding the current market conditions is crucial for making informed decisions. Let's dive in!

Victoria Real Estate Market

“A balanced market means opportunity for buyers and sellers in Victoria”

The Victoria real estate market in January 2024 saw a continuation of the trends observed in the previous months. According to the Victoria Real Estate Board (VREB), there were 341 number of sales, representing a 3.6% increase compared to December 2023.

There were 2,140 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2024, an increase of 0.4 per cent compared to the previous month of December and a 23.1 per cent increase from the 1,739 active listings for sale at the end of January 2023.
“I think this balance and stability in our market brings with it an optimistic outlook for the coming months,” adds Chair Lidstone. “If balanced conditions continue, buyers and sellers will have more time to make decisions and there will be less pressure on pricing. Of course, there are many factors that impact the market here in Victoria, and as we’ve seen in the past things can change very rapidly. If you are considering selling or buying, connect with a local Realtor to identify where your opportunities are as we move towards spring.”

One notable trend in Victoria is the continued demand for single-family homes, driven by factors such as low mortgage rates and lifestyle changes. The inventory of available homes remains tight, putting upward pressure on prices.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in January 2023 was $1,224,000. The benchmark value for the same home in January 2024 increased by 1.6 per cent to $1,244,000 down from December’s value of $1,268,000. The MLS® HPI benchmark value for a condominium in the Victoria Core area in January 2023 was $562,200 while the benchmark value for the same condominium in January 2024 decreased by 0.6 per cent to $559,000, down from the December value of $562,000.

full report here

Nanaimo Real Estate Market:

“Normal January kicks off 2024 with optimistic outlook”

Nanaimo's real estate market continued to show strength in January 2024, with robust sales and price growth. The Vancouver Island Real Estate Board (VIREB) reported 152 single family homes sold, a 6% decrease compared to January 2023. The average selling price for residential properties in Nanaimo was $749,000, up 6% year-over-year.

Similar to Victoria, Nanaimo is experiencing strong demand for single-family homes, driven by factors such as affordability and quality of life. The market is also attracting buyers looking to relocate from larger urban centers to more relaxed and scenic locations.

full report here

Campbell River Real Estate Market:

In Campbell River, the real estate market remained competitive in January 2024, with strong demand and limited inventory.
Campbell River's appeal lies in its natural beauty and outdoor recreational opportunities, making it attractive to buyers seeking a laid-back lifestyle. The market is characterized by a mix of single-family homes, waterfront properties, and condominiums.

In Campbell River, the benchmark price of a single-family home was $650,500 last month, up seven per cent from the previous year. Apartment benchmark price: $319.300. Townhouse: $518,000

full report here

Vancouver Real Estate Market:

“Home sales across Metro Vancouver’s housing market off to strong start in 2024”

The Vancouver real estate market started the year with strong sales and price growth, driven by high demand and limited inventory. According to the Real Estate Board of Greater Vancouver (REBGV), there were 1427 number of sales in January 2024, a 38.5% increase compared to January 2023. This was 20.2% below the 10 year seasonal average (1,788)

The benchmark price for a detached home is $1,942,400. This represents a 7.3 per cent increase from January 2023 and a 1.1 per cent decrease compared to December 2023. The benchmark price of an apartment home is $751,900. This represents a 4.4 per cent increase from January 2023 and a 0.1 per cent increase compared to December 2023. The benchmark price of a townhouse is $1,066,700. This represents a 4.3 per cent increase from January 2023 and a 0.6 per cent decrease compared to December 2023.

Vancouver's real estate market is characterized by its desirability among local and international buyers, particularly in the luxury segment. Despite affordability challenges, the market remains competitive, supported by strong demand and limited supply. 

Full report here

Calgary Real Estate Market:

“January sees strong sales fueled by boost in new listings”

The Calgary real estate market saw positive momentum in January 2024, with increased sales activity and price growth. The Calgary Real Estate Board (CREB) reported 1650 number of sales, a significant increase compared to January 2023 and long-term trends.
The average selling price for residential properties in the city of Calgary was $572,300, reflecting a 10% increase year-over-year. Detached homes: $702,200; an increase of 12.6% Y/Y; Semi detached: $625,000 at 11.3% increase Y/Y; Row houses: $426,400, 19.7% increase Y/Y; Apartments $324,000 a 18.7% increase Y/Y

One of the notable trends in Calgary is the rising demand for condominiums, driven by affordability and lifestyle preferences. The market is also benefiting from a stronger economy and job market, which is supporting housing demand.

Full report here

Toronto Real Estate Market:

In Toronto, the real estate market remained competitive in January 2024, with high demand and limited supply. The Toronto Regional Real Estate Board (TRREB) reported 4233 number of sales, an increase of more than one-third compared to January 2023.

Average price area code (416) of a detached home $1,570,520; semi-detached $1,199,531; Townhouse $895,307; Condo $709,419. 

Despite ongoing supply challenges, particularly in the single-family home segment, Toronto continues to attract buyers due to its strong economy, diverse population, and vibrant culture. Condominiums remain a popular choice for many buyers in the city.

Full report here

In conclusion, the real estate markets in Victoria, Nanaimo, Campbell River, Calgary, Toronto, and Vancouver showed positive trends in January 2024, with strong demand and limited inventory driving prices upward. Whether you're looking to buy, sell, or invest, it's essential to stay informed about the latest market conditions and trends. What worries me personally, is the drop in new construction starts. We should have much more inventory created to combat the shortage of inventory. We have been in a housing shortage for many years yet there seems to be no help on the horizon. The immigration to Canada far outreaches the supply of housing. Looks like 2024 will be another busy day with prices going up. We may not see huge price increases but on average prices will probably continue going up. Let’s see what Bank of Canada will do with interest rates on the next announcement on April 10.
Stay tuned for next month's market update!

Interesting topics to consider:

January monthly housing starts key highlights.
CHMC has a lot of interesting statistics,
full reports here

  • The trend in housing starts was 244,827 units in January 2024, down 2% from 249,757 units in December 2023.

  • The trend measure is a 6-month moving average of the monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.

  • Total SAAR housing starts were up 179% in Toronto, driven by a significant increase in multi-unit starts.

  • Montréal and Vancouver both posted declines of 28% and 55%, respectively, due to decreases in multi-unit starts.

Foreign Buyer Ban

The foreign buyer prohibition was just extended until January 2027, full announcement here
Is your property within the prohibition area? check here

Canada Just Saw the Largest Foreign Investor Sell Off EVER. 

Canada is typically seen as a safe haven for investors but some of that sheen has begun to tarnish. Foreign investors sold a net of $48.7 billion worth of Canadian equities in 2023. That number doesn’t just sound astronomical, it would have been unimaginable in 2019. It’s the largest annual outflow on record ever for Canada. FULL ARTICLE HERE: Foreign Investments leaving Canada

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I have sold a property at 1560 Heriot Bay Rd in Quadra Island

I have sold a property at 1560 Heriot Bay Rd in Quadra Island on Jan 18, 2024. See details here

OCEAN FRONT! This remarkable 2 bed, 2.5bath and a detached studio home is located right by the iconic Rebecca Spit Marine Provincial Park. The stunning views of the ocean from the brand new deck and every room in the house will take your breath away! Beautifully designed and built by a local builder. A perfect property for enjoying many water activities such as kayaking, boating, swimming or sailing. It offers a lot of room for entertaining or just relaxing in the hot-tub, watching the whales pass by. Conveniently located close to the Heriot Bay stores, restaurant & pub and ferry to Cortes Island. 10 min away from the ferry to Campbell river and its conveniences. A wonderful place to get away from the hectic city life and enjoy the peacefulness and beauty this island has to offer.

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December 2023 stats

As we begin 2024, it's time to reflect on the state of the real estate market across Canada. December is often a pivotal month, offering insights into the market's performance over the past year and providing indicators of what may lie ahead in the coming year. In this blog post, we'll delve into the December 2023 statistics from various regions across the country to gain a comprehensive understanding of the current market conditions.

Vancouver, British Columbia (Real Estate Board of Greater Vancouver - REBGV):

In December 2023, the Vancouver real estate market continued to display strength, with the average price of a single-family home reaching $1,965,000. The benchmark price of a single-family home increased by 7.7% compared to the previous year, reflecting the ongoing demand in the region.

Full report here

Victoria, British Columbia (Victoria Real Estate Board - VREB):

Victoria's real estate market also demonstrated resilience, with the average price of a single-family home reaching $1,275,000 in December 2023. The benchmark price of a single-family home increased by 6.2% compared to the previous year, showcasing the city's appeal to homebuyers.

Full report here

Calgary, Alberta (Calgary Real Estate Board - CREB):

In Calgary, the average price of a single-family home in the city of Calgary was $697,400 in December 2023. While the market showed signs of stability, with a benchmark price increase of 12.8% compared to the previous year, it also faced challenges related to economic factors and supply dynamics.

Full report here

Toronto, Ontario (Toronto Regional Real Estate Board - TRREB):

Toronto's real estate market remained robust, with the average price of a single-family home in area 416 reaching $1,626,980 in December 2023. The average price of a single-family home decrease by -0.3% compared to the previous year, reflecting the city's status as a competitive real estate market.

Full report here

Nanaimo
High interest rates are primarily to blame for the weaker sales, as there was significant demand, but many buyers opted to wait for an anticipated 2024 rate cut.
Benchmark price for detached homes: Comox Valley- $820,600; Cowichan Valley- $763,400; Nanaimo- $781,900; Parksville- $845,200; Port Alberni- $530,700; North Island- $426,300

Campbell River $653,100 up from $607,900 from last year. 
Quadra Island had one sold, one pending, one withdrawn and one property expired. 

Full report here

Market Trends and Predictions:

Across Canada, the real estate market in December 2023 displayed resilience and growth in many regions. Low interest rates, demographic shifts, and a strong desire for homeownership contributed to the market's performance. However, supply constraints and affordability challenges remained key factors affecting certain markets.

Looking ahead to 2024, it's essential to monitor factors such as interest rate changes, government policies, and economic indicators that could influence the real estate landscape. Continued demand for housing, coupled with supply-side challenges, is likely to shape the market's trajectory in the coming months.

Conclusion:

The December 2023 real estate statistics across Canada reflect a diverse landscape characterized by growth, stability, and unique regional dynamics. As we move into the new year, staying informed about market trends and developments will be crucial for both buyers and sellers navigating the Canadian real estate market.

By analyzing the data from different regions, we gain valuable insights into the broader trends shaping the industry and can make informed decisions about real estate investments and transactions. As always, it's advisable to consult with real estate professionals for personalized advice tailored to specific needs and objectives in this dynamic market.

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How to Prepare Your Quadra Island Home for a Successful Sale

Are you considering selling your home on Quadra Island? As a trusted realtor serving this beautiful area on the west coast of Canada, I understand the importance of preparing your home to make a lasting impression on potential buyers. By following these steps, you can enhance your home's appeal and increase its market value.

  1. Declutter and Depersonalize Start by decluttering your home to create a clean and spacious environment. Remove personal items like family photos and memorabilia to help buyers envision themselves living in the space. Consider renting a storage unit to temporarily store excess furniture and belongings.

  2. Enhance Curb Appeal First impressions matter, so focus on enhancing your home's curb appeal. Trim the lawn, plant flowers, and touch up the exterior paint to make your home more inviting. A well-maintained exterior can significantly impact a buyer's perception of your property.

  3. Make Necessary Repairs Address any visible issues such as leaky faucets, cracked tiles, or chipped paint. Buyers are more likely to be attracted to a home that is move-in ready and well-maintained. Consider hiring professionals for major repairs to ensure they are done correctly.

  4. Stage Your Home Staging your home can help showcase its best features and create a welcoming atmosphere. Arrange furniture to highlight the flow of each room and use neutral colors to appeal to a wide range of buyers. You can also add small decorative touches to make the space feel inviting.

  5. Clean Thoroughly A clean home is essential for making a positive impression on potential buyers. Deep clean every room, including carpets, windows, and appliances. Pay special attention to the kitchen and bathrooms, as these areas are often key selling points for buyers.

  6. Highlight Unique Features Quadra Island is known for its natural beauty and unique lifestyle. Highlight any special features of your home that align with the island's charm, such as waterfront views, outdoor living spaces, or eco-friendly amenities. Emphasizing these aspects can set your home apart from others on the market.

  7. Work with a Local Realtor Partnering with a local realtor who understands the Quadra Island real estate market is crucial for a successful sale. A knowledgeable realtor can help you price your home competitively, market it effectively, and negotiate with potential buyers on your behalf.

  8. Professional Photography and Marketing High-quality photography is essential for showcasing your home online, where the majority of buyers begin their search. Work with a realtor who invests in professional photography and utilizes online marketing strategies to maximize your home's exposure to potential buyers.

  9. Get your Realtor to help you gather information about your property such as septic information, water well, any permits that have been issued. 

  10. Depending on the market, a pre-listing inspection can significantly help in the sale of the property. Helping the buyers gather relevant information can make the whole process go smoother and quicker. Getting as much information to the buyers will make a big difference. As a seller, your best approach is to disclose everything truthfully. 

By following these tips and working with a trusted realtor, you can ensure that your Quadra Island home is well-prepared for a successful sale. Whether you're downsizing, relocating, or simply ready for a change, the right preparation can make all the difference in achieving your real estate goals on Quadra Island.

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