Adam Chahl BSc (Hons)
Adam Chahl is an award-winning Vancouver Real Estate Agent, a member of the Medallion Club (awarded to the top 10% of agents in Vancouver), and has been empowering people to purchase real estate for many years.Growing up in the UK amidst a family heavily focused on Real Estate Development. Adam has sought out, secured financing, and project managed successful and profitable build projects in the UK, the Caribbean, and here in Beautiful British Columbia.
Having a strong business background Adam graduated from Aston Business School in the UK with Honors, he has worked with several large ‘blue chip’ corporations in Project Management and Business Development roles. He actively donates to the Children’s Miracle Network, the BC Heart and Stroke Foundation, and is a ‘Big Brother’ with the Urban Native Youth Association.
The Governing Council of the Bank of Canada raised its target for the overnight policy rate by 50 basis points today to 4.25% and signalled that the Council would "consider whether the policy interest rate needs to rise further to bring supply and demand back into balance and return inflation to target." This is more dovish language than in earlier...
Home sale and listing activity continue trending below long-term averages in November
Not only did the headline CPI inflation rate stall at 6.9% last month, but the core CPI numbers remain stubbornly high. Food inflation--a highly visible component--edged down slightly. Still, prices for food purchased from stores (+11.0%) continued to increase faster year over year than the all-items CPI for the eleventh consecutive month. Bonds fe...
The British Columbia Real Estate Association (BCREA) reports that a total of 5,242 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) in October 2022, a decrease of 45.5 per cent from October 2021. The average MLS® residential price in BC was $932,979, a 3.1 per cent decrease from $963,011 recorded in October 2021. Total...
The factors that drove unprecedented demand during the last two years, including record low mortgage rates, buyer preference for extra space and the abiltity to work remotely, are now unwinding, prompting a significant shift in housing markets across BC. Most importantly, mortgage rates that hit record lows in 2021 have risen rapidly. Five-year fix...
Inflation, and rising interest rates create caution across Metro Vancouver’s housing market