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PLACE Real Estate Team - Adam Chahl

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Adam Chahl

Oakwyn Realty

1286 Homer Street  Vancouver,  British Columbia  V6B 2Y5 

Phone: (604) 800-8710

adam@chahl.com

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BCREA Commercial Leading Indicator (CLI) Declined

Posted on Mar 02, 2023 in Market Update

CLI Falls in Fourth Quarter 2022

In the fourth quarter of 2022, the BCREA Commercial Leading Indicator (CLI) dropped to 148 from 149, and the six-month moving average continued its downward trajectory. Compared to the same quarter in 2021, the index was down by 2 percent.

It is important to note that the environment for commercial real estate remains...

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Vancouver Real Estate Market Update - March 2023

Posted on Mar 02, 2023 in Market Update

Below-average home sales allow inventory to inch upwards


February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region has continued inching...

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Canadian GDP Update

Posted on Mar 01, 2023 in Economics

Canadian Monthly Economic Growth (Q4'2022) 


Canadian real GDP declined 0.1 percent in December, the first monthly decline since January of 2022. The decline in GDP was concentrated among goods-producing industries (-0.6 percent) while services were flat. Canadian real GDP is now roughly 2.7 percent above its pre-pandemic, February 2020 level. Prelimi...

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Canadian GDP Slowed Dramatically in Q4 2022, Another Reason the BoC Won't Raise Rates in March

Posted on Feb 28, 2023 in Market Update

Bad News Is Good News for the Bank of Canada


Statistics Canada released the real gross domestic product (GDP) figure for the final quarter of 2022 this morning, showing a marked slowdown in economic activity. This will undoubtedly keep the central bank on the sidelines when they announce their decision on March 8. The Bank had estimated the Q4 growt...

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Vancouver Real Estates

Posted on Feb 27, 2023 in Community

Top 10 Vancouver Neighborhoods for Families


Are you looking for the perfect neighborhood to raise your family in Vancouver? With so many great areas to choose from, it can be overwhelming to know where to start your search. To help you narrow it down, we've compiled a list of the top 10 Vancouver neighborhoods for families.

1. Kitsilano: This trendy...

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Why should I work with a REALTOR® in Vancouver, BC?

Posted on Feb 26, 2023 in Community

In the competitive Vancouver real estate market, working with a REALTOR® can make a significant difference in finding your dream home or selling your property for the best possible price. The real estate industry can be complex and challenging to navigate without professional guidance, and that's where the PLACE Real Estate team comes in, led by Vancouver's best realtor, Adam Chahl.  One of the significant advantages of working with a REALTOR® is access to the Vancouver MLS listings, a comprehensive database of available properties in the city. MLS listings provide detailed information about the properties, including price, features, and location. It's essential to work with a licensed and experienced REALTOR® who has access to the latest listings and can help you find your ideal home in Vancouver.  The PLACE Real Estate team led by Adam Chahl offers a personalized approach to real estate, combining their knowledge and expertise to provide exceptional service to their clients. They are well-connected in the Vancouver real estate industry, with access to off-market properties and exclusive listings that may not be available to the public. As a result, working with the PLACE Real Estate team gives you an advantage in finding your dream home in Vancouver's highly competitive market.  When you work with a REALTOR®, you can also benefit from their negotiation skills. REALTORS® are trained to negotiate on your behalf and ensure that you get the best possible price for your property or purchase. The PLACE Real Estate team has a proven track record of successful negotiations, with a reputation for getting their clients the best deals in Vancouver's real estate market.  In addition to their negotiation skills, the PLACE Real Estate team also provides a range of services to their clients, including property inspections, market analysis, and marketing strategies. They can guide you through every step of the real estate process, from listing your property to closing the deal on your dream home.  The real estate market in Vancouver is highly competitive, with prices constantly fluctuating. Working with a REALTOR® who has experience and knowledge of the local market can make a significant difference in achieving your real estate goals. The PLACE Real Estate team led by Adam Chahl has over a decade of experience in Vancouver's real estate market and a deep understanding of the local market trends, enabling them to provide valuable insights and guidance to their clients.  In conclusion, working with a REALTOR® is essential in Vancouver's competitive real estate market, and the PLACE Real Estate team, led by Adam Chahl, is the right choice for your real estate needs. With their access to the Vancouver MLS listings, personalized approach, negotiation skills, and market expertise, they can help you find your dream home or sell your property for the best possible price. Contact them today to start your journey in Vancouver's real estate market.In the competitive Vancouver real estate market, working with a REALTOR® can make a significant difference in finding your dream home or selling your property for the best possible price. The real estate industry can be complex and challenging to navigate without professional guidance, and that's where the PLACE Real Estate team comes in, led by Va...

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