Contact Us

If you’re looking to buy your first home, upsize, downsize, sidesize… we can help.

Our proven online marketing get properties sold at a premium and in a shorter amount of time. Our intimate knowledge of the Vancouver market, and extensive experience, ensures your purchase or sale goes without a hitch.

Let’s get coffee.
PLACE Real Estate Team - Adam Chahl

Get In Touch

Adam Chahl

Oakwyn Realty

1286 Homer Street  Vancouver,  British Columbia  V6B 2Y5 

Phone: (604) 800-8710

adam@chahl.com

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

Get a free home evaluation today...

Affordable Housing Is A Key Theme In Federal Budget 2022

Posted on Apr 12, 2022 in Economics

Today's budget announced a $10 billion package of proposals intended to reduce the cost of housing in Canada (see box below). The fundamental problem is insufficient supply to meet the demands of a rapidly growing population base. Thanks to the federal government's policy to rapidly increase immigration since 2015, new household formation has risen...

Read More

Greater Vancouver Real Estate Market Statistics - March 2022

Posted on Apr 07, 2022 in Market Update

March 2022 - Vancouver Real Estate UpdateWhile down from last year’s record numbers, home sale activity in Metro Vancouver’s  housing market remained elevated in March.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,344 in March 2022, a 23.9 per cent decrease from the 5,708 sales recorded in March 2021, and a 26.9 per cent inc...

Read More

Greater Vancouver Real Estate Statistics - February 2022

Posted on Mar 03, 2022 in Market Update

Listings inch up, demand remains steady and price gains continue in Metro Vancouver’s housing market in February

The Metro Vancouver housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February.
 
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales...

Read More

Bank of Canada Interest Rate Announcement

Posted on Mar 02, 2022 in Mortgage News

As widely expected, the Bank of Canada raised its overnight policy rate this morning to 0.5 per cent, an increase of 25 basis points. In the statement accompanying the decision the Bank noted that the invasion of Ukraine by Russia has added a major new source of uncertainty to the global economy, and it expects the fallout to include upward pressur...

Read More

Canadian Inflation

Posted on Feb 16, 2022 in Economics

Canadian prices, as measured by the Consumer Price Index (CPI), rose 5.1% on a year-over-year basis in January, up from 4.8% in December. On a month-over-month basis, the CPI rose 0.9% in January (0.6% seasonally adjusted). The Bank of Canada's preferred measures of core inflation (which use techniques to strip out volatile elements) rose an averag...

Read More

Extremely Tight Conditions Persist in the BC Housing Market

Posted on Feb 14, 2022 in Economics

The British Columbia Real Estate Association (BCREA) reports that a total of 6,138 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January 2022, a decrease of 14.7 per cent from January 2021. The average MLS® residential price in BC was $1,042,169, a 23.5 per cent increase from $843,918 recorded in January 2021. Tota...

Read More