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For Nov 2016

The 'Rouse Real Estate Report'  for the Northern Sunshine Coast
 
 
You can always go to the generic Real Estate information sites and get the latest 'official' perspective however, if you want it from the trenches (every month) on the Northern Sunny Coast, read on.......
 
As the weather changes, and we start to note (complain) about how hot it is, it looks like the market is going the same way, from warm to hot.  We are definitely (a word a rarely use in Real Estate) seeing a market increase in activity and sales.  We are actually down on inventory, which should mean prices starting to strengthen over the next quarter.  There are some pockets that are performing better than others (call me for details), but this is mainly due to a lack of land availability.  All in all, the last quarter and into the first quarter is looking good. 
 
If you would like me to hone in on your particular property for a more accurate analysis, simply call or email.  My current summary for specific categories follows:
 
Housing - Residential:  We are seeing things improve dramatically.
Housing - Units:  Staying strong, and predicted to stay that way, especially with attached garages
Housing - Rural: Staying strong, mainly in the sub $750K range
Land - Rural/Residential:  High demand, mainly for level land
 
Rentals:  According my head property manager, Yvette,  everything is leasing, normally after the second inspection run.  She said that the 'pre' Christmas rush has already started as tenants want to be in and settled before the season (holiday) begins. This is somewhat normal for this time of year and is probably not exclusive to our company.  All in all, on the rental side, to sum it up, in one word, good. 


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