Worst Market I Have Seen
When I say Worst Market, I am referring to the current challenge of selling a home in the Fraser Valley and Greater Vancouver marketplace. Supply levels over the … [read more]
When I say Worst Market, I am referring to the current challenge of selling a home in the Fraser Valley and Greater Vancouver marketplace. Supply levels over the … [read more]
When I say Worst Market, I am referring to the current challenge of selling a home in the Fraser Valley and Greater Vancouver marketplace. Supply levels over the … [read more]
What Should You Expect in 2025 for Canadian Real Estate? Each year I write down my Canadian real estate predictions for the upcoming year. This is not financial … [read more]
The federal government recently announced two new mortgage rules coming to Canada to improve housing affordability. These two New Mortgage Rules are coming on December 15, 2024. Change … [read more]
Home sales in the Fraser Valley increased for the first time in five months, following a 50 basis point interest rate cut by the Bank of Canada in … [read more]
The Bank of Canada started reducing the benchmark overnight rate in June and has since lowered it by 25 basis points at its July and September meetings, bringing … [read more]
The Fraser Valley housing market hit the brakes in August as buyers continue to face affordability challenges. In August, we saw 1,067 sales—that’s down 13% from July and … [read more]
Despite the two rate decreases announced in the last two consecutive Bank of Canada meetings, sales have decreased. In fact, this is quite the opposite of what people … [read more]
The Bank of Canada cut interest rates by 25 basis points on June 5. However, this was not enough to kick up Fraser Valley real estate sales last … [read more]
Slower seasonal sales helped build inventory to its highest level since September 2019 in the Fraser Valley real estate market. The higher levels of inventory we are seeing … [read more]
Home buyers in the Fraser Valley have more choice heading into the spring market with inventory levels for March at the highest they’ve been in the past five … [read more]
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