Paul Tedrick Real Estate - Market Update

February 2024 Real Estate Update

Posted on Feb 05, 2024

As February begins, we enter an important period in the real estate market, a time of significant activity in the market. February is the precursor to the bustling spring months of March through June. Already, I've witnessed a notable uptick in both listing and showing activity, a trend projected to persist in the foreseeable future.

If you're conte...

January 2024 Real Estate Update

Posted on Jan 05, 2024

Happy New Year to you! Despite the uncertainties and high interest rates experienced in 2023, it's noteworthy that these factors did not significantly hinder annual sales. Throughout the province, sales remained relatively stable during this period, albeit slightly down for our Cowichan Valley. Many individuals are eagerly anticipating the upcoming...

December 2023 Real Estate Update

Posted on Dec 05, 2023

I trust this message reaches you in good health as we approach the Christmas season. November sales have demonstrated a commendable performance, aligning closely with, and even slightly surpassing, the figures from the previous year. For a more in-depth analysis, please continue reading to explore detailed statistics on Cowichan Valley sales, updat...

November 2023 Real Estate Update

Posted on Nov 05, 2023

Greetings!

As autumn progresses swiftly, the momentum in real estate sales has decelerated. October in Cowichan Valley and the broader province has witnessed a slowdown influenced by various factors. The customary dip in the fall market, coupled with the impact of elevated interest rates, has resulted in a reduced pool of both home buyers and seller...

October 2023 Real Estate Update

Posted on Oct 05, 2023

I trust this message finds you well and that you enjoyed a splendid Thanksgiving. Following are the sales statistics for the Cowichan Valley for the month of September. As of today, October 10th, I've noticed a rise in market activity, a typical occurrence for this time of year. Typically, the market gains momentum a few weeks after Labour Day.

I'm...

September 2023 Real Estate Update

Posted on Aug 07, 2023

Hello, and dare I say, welcome to the beginning of Fall. August lived up to expectations of being a slow month in general but I see signs of the marketing beginning to gain a little steam! Typically the market quiets down in August as families travel on holiday and prepare to return to school. The real estate market tends to pick up after Labour da...

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