As Metro Vancouver moves out of a quieter summer season for the housing market, home prices are expected to stabilize in the next three months, according to the British Columbia Real Estate Association (BCREA). Brendon Ogmundson, BCREA’s chief economist, says home prices peaked in February of this year and have since come down by around 10 per […]

There are signs Metro Vancouver’s red hot housing market is starting to cool off, with a record-breaking number of properties up for sale in the month of February. According to the Fraser Valley Housing Market stats, buyers had significantly more inventory to choose from last month compared to the months before. In fact, there was […]

Navigating today’s real estate market can be a daunting experience as home buyers are faced with a fast-paced, competitive and often frustrating market. On March 2, 2022, the Bank of Canada raised its benchmark interest rate to 0.5%, an increase of 0.25 percentage points, and a move that is expected to be the first of […]