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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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Vancouver Real Estate Market Update - January 2023

Posted on Feb 02, 2023 in Market Update

Home sales decline below long-term averages and inventory remains low to the start of 2023


Inventory remains low in Metro Vancouver while home sales dipped well below monthly historical averages in January.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 1,022 in January 2023, a 55.3 percen...

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Canadian Real GDP Growth - November 2022

Posted on Jan 31, 2023 in Economics

Canadian Monthly Real GDP Growth 


The Canadian economy grew 0.1 percent in November, matching the rate of growth in October. In contrast to the pandemic economy of the previous two years, the services sector is now leading the economy while goods-producing sectors struggle. Overall, growth was fairly broad-based with 14 of 20 Canadian industrial sec...

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Vancouver Bucket List - February 2023

Posted on Jan 26, 2023 in Community


Vancouver Bucket List brings you a selection of the best upcoming events in Vancouver for next month.

Check out the events below and let us know in the comments which you'll be attending, or if there's anything that we've missed that should be included.



2023 Stride Burnaby Arts Festival
February 3, 2023 - February 12, 2023
The Heights, Confederation P...

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Bank of Canada Interest Rate Releases an Announcement

Posted on Jan 25, 2023 in Economics

Bank of Canada Interest Rate Announcement 


The Bank of Canada raised its overnight policy rate by 25 basis points to 4.5 percent this morning. In the statement accompanying the decision, the Bank noted that recent economic growth in Canada has been stronger than expected and labor markets remain tight but it sees growing evidence that monetary polic...

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Canadian Inflation Pressures Ease in December

Posted on Jan 23, 2023 in Market Update

Good News on the Inflation Front in December


The Consumer Price Index (CPI) rose 6.3% year over year in December, down from the 6.8% pace in November. Much of the decline was owing to the drop in gasoline prices. Additional deceleration came from homeowners' replacement costs, fuel oil and other owned accommodation expenses, and various durable good...

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Canadian Reatail Sales Dropped 

Posted on Jan 20, 2023 in Market Update

Canadian Retail Sales (November 2022)


Canadian seasonally-adjusted retail sales fell 0.1 percent in November to $61.8 billion. Sales fell in 6 of 11 subsectors but were led by lower sales at food and beverage stores (-1.6 percent) and building material and garden equipment and supplies dealers (-3.8 percent). Core retail sales, which strips out gaso...

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