...Came Tumbling Down!
Posted on Aug 12, 2026
July 2026 UpdateAfter very strong sales at 46 in June, sales in July fell back to 23 in the Powell River residential real estate market. That’s down from last year’s 27 and a bit low for this time of year, but June was well above expectations. With fewer sales and a decent bump in listings at 54 for the month it puts us back in a buyer’s market fro...
Through the Roof!
Posted on Aug 06, 2026
In June, single family home sales went through the roof in the Powell River residential real estate market. At 39 sales, we haven’t seen that many single family homes sell since the years 2020 and 2021 when markets everywhere were phenomenally strong. Total residential sales in June were 46 with condos and mobiles occupying roughly...
Buyers are Looking...
Posted on Jun 15, 2026
May 2026 Update
We’ve seen a steady increase in sales from 14 in January to 32 in May in the Powell River residential real estate market this year. In spite of the gloom you hear on national news, that puts us in the pretty normal range for this time of year. We’re down from 37 a year ago but that’s certainly not alarming. In spite of all the ‘noise...Prices Falling Off...
Posted on Apr 08, 2026
March 2026 Update
Sales in the Powell River residential real estate market increased in March to 22 from last month’s 15 and from 19 a year ago. Overall we’re off to a slower start this year with 51 sales in the first three months compared to 67 last year. New listings took a jump in March to 64 from February’s 44 which puts us above the average of...
Seasonally Slow...
Posted on Mar 09, 2026
February 2026 Update
Sales in the Powell River residential real estate market remained seasonally slow at 15, just one up from last month and down from last February’s 24. We’re still in the usual ‘winter dip’, the depth of which varies from year to year. On the ground, buyer activity appears to be up and with a good supply of listings in total at 1...Tentative...
Posted on Feb 23, 2026
January 2026 Update
Sales in the Powell River residential real estate market have made a tentative start to the year with 14 in January compared with last year’s 24. It’s early days and mortgage broker friends say they’re busy with pre-approvals which should be an indicator that buyers are readying themselves to jump in. Inventory is still quite goo...