2025 Canadian Real Estate Predictions
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]
Market Updates
Shocking New Mortgage Changes in Canada
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]
Big Drop Coming
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]
Fraser Valley Real Estate Prices Heading Towards a Decline?
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]
The Anderson Report.
December, 2023 As the year comes to a close, I will talk about what we saw in the past few months on the Fraser Valley and Canadian markets. … [read more]
The Anderson Report
September, 2023 Prices in the Valley started to fall in 2022 after the peak – and first-rate hike announcement- occurred in March 2022. However, when we look at … [read more]
The Anderson Report: How to Afford a $500,000 House?
How Much Do You Need to Earn To Afford a $500,000 House? I was recently interviewed by CTV on an article by Point2Homes that highlighted: Renters in the … [read more]
The Anderson Report
Can the Fraser Valley Survive More Rate Hikes? Bank of Canada Increases the Overnight Lending Rate On June 7, the Bank of Canada raised its policy rate by … [read more]
The Anderson Report: Fraser Valley Sale Prices Up $100,000
Average Fraser Valley Sale Prices in 2023 are up $100,000 for all property types! Housing sale prices increased yet again in the Fraser Valley for the month of … [read more]
Anderson Report: Have Home Prices Hit Bottom?
Have Home Prices Hit Bottom? 📉📈 Have home prices in the Fraser Valley hit their lowest levels, or, was this last month a one-off? Should we expect to … [read more]
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