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]
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Still Falling 📉
It’s been a bit of a slower start to the Spring market than we usually expect. Sales across the Fraser Valley are down 15.9% year-over-year, and new listings … [read more]
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Home Sales Spike In The Fraser Valley
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]
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]
Sales Continue to Plunge
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]
Fraser Valley Real Estate Market: Sales Uptick Expected
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]
This Makes No Sense… Fraser Valley Real Estate Sales Remain Slow, Despite Another Rate Cut
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]
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]
Inventory Builds Across the Valley
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]
Prices up Again…
Last month was the first time we saw sale prices increase in the Langley and Fraser Valley Real estate market. Before this increase, the last time sale prices … [read more]
📢💰 BC Announces New 20% Anti Home Flipping Tax & First-Time Home Buyers Tax Exemption
In this video, Langley REALTOR, Caileigh Anderson with Remax discusses the newly released 2024 provincial budget which includes two housing announcements. The first announcement is the anti-flipping tax … [read more]
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