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Rate Cut: How the July 24th Announcement Impacts Real Estate

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 […]

Lowering Rates: A New Chapter for the 2024 Real Estate Market

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 […]

Surrey-Langley SkyTrain station names, locations announced

The unveiling of eight new stations for the Surrey-Langley SkyTrain extension stands as a transformative moment poised to reshape the landscape of real estate development in Langley and Surrey. Extending the Expo Line from King George Station in Surrey to Langley signifies substantial advancements in connectivity and growth potential for these evolving regions. This extension […]