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Our proven online marketing get properties sold at a premium and in a shorter amount of time. Our intimate knowledge of the Vancouver market, and extensive experience, ensures your purchase or sale goes without a hitch.
Let’s get coffee.
The Governing Council of the Bank of Canada raised its target for the overnight policy rate by 50 basis points today to 4.25% and signalled that the Council would "consider whether the policy interest rate needs to rise further to bring supply and demand back into balance and return inflation to target." This is more dovish language than in earlier...
Home sale and listing activity continue trending below long-term averages in November
Not only did the headline CPI inflation rate stall at 6.9% last month, but the core CPI numbers remain stubbornly high. Food inflation--a highly visible component--edged down slightly. Still, prices for food purchased from stores (+11.0%) continued to increase faster year over year than the all-items CPI for the eleventh consecutive month. Bonds fe...
The British Columbia Real Estate Association (BCREA) reports that a total of 5,242 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) in October 2022, a decrease of 45.5 per cent from October 2021. The average MLS® residential price in BC was $932,979, a 3.1 per cent decrease from $963,011 recorded in October 2021. Total...
The factors that drove unprecedented demand during the last two years, including record low mortgage rates, buyer preference for extra space and the abiltity to work remotely, are now unwinding, prompting a significant shift in housing markets across BC. Most importantly, mortgage rates that hit record lows in 2021 have risen rapidly. Five-year fix...