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 British Columbia Real Estate Association (BCREA) reports that a total of 5,572 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July 2022, a decrease of 42.4 per cent from July 2021. The average MLS® residential price in BC was $923,449, a 3.6 per cent increase from $891,376 recorded in July 2021. Total sales doll...
Home buyer demand continues to ease across Metro Vancouver
Statistics released today by the Canadian Real Estate Association (CREA) show that the slowdown that began in March in response to higher interest rates has broadened. Home sales recorded over Canadian MLS® Systems fell by 5.6% between May and June 2022, taking second-quarter sales down sharply (see chart below). The actual (not seasonally adjusted...
The British Columbia Real Estate Association (BCREA) reports that a total of 7,136 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2022, a decrease of 35.7 per cent from June 2021. The average MLS® residential price in BC was $951,105, a 4.6 per cent increase from $909,657 recorded in June 2021. Total sales doll...
The Bank of Canada surprised markets with a larger than expected full point increase in its overnight rate, bringing its key policy rate to 2.5 per cent. In the statement accompanying the decision, the Bank noted that inflation is higher and more persistent than the Bank expected and will likely trend near 8 per cent through the summer before easin...
Canadian employment declined by 43,000 (-0.2 per cent) to 19.597 million in June, falling for the first time since January. As a result of fewer people looking for work, the Canadian unemployment rate also declined by 0.2 to 4.9 per cent, the lowest rate on record for a fourth consecutive month. Average hourly wages were up 5.2 per cent on a year-o...