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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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What's your home worth in today's market?

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What's your home worth in today's market?

Get a free home evaluation today...

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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...

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...

Canadian Inflation Continues

Posted on Jan 17, 2023 in Market Update

Canadian Inflation (December 2022)

Canadian prices, as measured by the Consumer Price Index (CPI), rose 6.3 percent on a year-over-year basis in December, a decrease from the 6.8 percent rate in November. Falling gasoline (-13.1 percent month on month) and fuel oil prices drove the decline while softening costs for durable goods such as furniture an...

Restaurant of the Month: Buddhachay Yaletown

Posted on Jan 15, 2023 in Community

Buddhachay is a new vegetarian spot in the heart of Yaletown occupying the old Do Chay location at 1269 Hamilton St, actually just steps away from our office.

They offer a great selection of classic Vietnamese dishes all served in a non-meat style. Chay is Vietnamese for vegetarian!

We checked it out one day last week for lunch and the food was extre...

Home Sales in 2022 Decreases After the Record in 2021

Posted on Jan 13, 2023 in Market Update

Home Sales Decline in 2022 After a Record 2021

The British Columbia Real Estate Association (BCREA) reports that 80,874 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2022, a 35.2 percent decline from a record 124,788 units sold in 2021. The annual average MLS® residential price in BC was $996,878, a 7.5 percent incr...

Homeowners' Equity has Grown over the past 12 months

Posted on Jan 10, 2023 in Market Update

Homeowners Still Have Positive Equity Gains over the Past 12 Months

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.

Equity is the current value of your home minus what you owe on the loan.

Because there wa...

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