Blustery October Amidst rising interest rates and an escalating cost of living, recent government announcements unveiling legislation for 2024, dictating property uses, have profoundly impacted the real estate landscape. This endeavor to address the province’s housing supply issues has resulted in a decline in sales across all home product types compared to the prior month. […]

September Sales Trends In September, sales initially slowed due to the back-to-school rush but rebounded in the latter half of the month. As expected, sales declined compared to August across all product categories. However, compared to September 2022, sales increased by 18 to 24 percent across all product types. This indicates that despite interest rate […]

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) kept the prime rate at 5%, maintaining it since the last increase in mid-July. Despite the imminent future rate increases to combat inflation, Canadian consumers get a slight break for the back-to-school season. Strategic Homebuying Amidst Steady Rates With rates unchanged for […]