On July 24th, 2024, the Bank of Canada announced another welcome interest rate cut of 25 basis points, reducing its target for the overnight rate to 4 ½%, with the Bank rate at 4.75%. As the President and Managing Broker of Fifth Avenue Real Estate Marketing Ltd., Jamie Squires shares her insights on how this […]

On June 5th, 2024, the Bank of Canada announced a surprising but welcome interest rate cut of 25 basis points, reducing its target for the overnight rate to 4 ¾, with the Bank rate at 5%. As the President and Managing Broker of Fifth Avenue Real Estate Marketing Ltd., Jamie Squires shares her insights on […]

Jamie Squires, Fifth Avenue Real Estate Marketing President, says, “The Bank of Canada’s decision to hold interest rates steady provides a sense of stability for home buyers in the short term, as mortgage rates are unlikely to see immediate increases. However, the broader challenges of housing affordability and the potential for future rate hikes should […]

With files from Scott White

WESTMINSTER PLATEAU – NOW SELLING AN EXCLUSIVE COLLECTION OF 36 MODERN TOWNHOMES & 54 EFFICIENTLY DESIGNED 1 BEDROOM TO 2 BEDROOM & DEN CONTEMPORARY CONDOS COMING SOON