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The Fraser Valley in British Columbia is a summer paradise, offering a wide array of adventures and experiences. Whether you’re seeking relaxation, outdoor thrills, or cultural enrichment, this region has it all. From the refreshing waters of Cultus Lake to the historical charm of Fort Langley, each destination promises a unique and memorable summer getaway. […]

Jamie Squires is the President of Fifth Ave Real Estate Marketing.

With files from Mission City Record

The Canadian real estate market, which experienced skyrocketing home prices for two consecutive years, eventually began to decline in the spring of 2022. Further Reading: Daily Hive MoneySense    

August 2023, Summertime Blues On September 7, 2023, the Bank of Canada (BOC) maintained the prime rate at 5%, keeping it unchanged since the last increase in mid-July. Future rate increases appear imminent as the BOC battles inflation, aiming to reach 2.5% by mid-2025. Nevertheless, they have provided Canadian consumers a slight break for the […]

July 2023, More Market Uncertainty In mid-July, the Bank of Canada (BOC) raised the prime interest rate to 5% and is hinting at a potential further increase in September. This is happening even though inflation dropped as low as 2.8% after the July increase and then stabilized at 3.3% by August. It seems that interest […]