Blog | Nelson, BC Real Estate - Robert Goertz, Valhalla Path Realty

Average Sale Price up 10.7 Percent in first quarter

The price of a home in Nelson has jumped 10.7 percent over the first 3 months of 2017. Last year the average sale price for a single family home in Nelson has was $434,025. In 2016 the average was $392,082. The average number of days that a home is on the market is basically ...

Dominion Lending Weekly Rate Reminder

This edition of the Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. *(O.A.C., E.&O.E.) Terms Bank Rates Our Rates 6 Month 3.14% 3.10% 1 YEAR 3.04% 2.34% 2 YEARS 2.84% 2.14% 3 YEARS 3.44% 2.44% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.49% 7 YEARS 5.30% 3.14% 10 YEARS 6.10% 3.69% Rates are subject to change without notice. *OAC ...

Canadian Inflation

Canadian inflation, as measured by the Consumer Price Index (CPI), continued to trend lower in March as consumer prices rose just 1.6 per cent following a 2 per cent increase in February. The Bank of Canada's new core measure of inflation, called CPI-common which it says better tracks the underlying ...

Rental Construction Financing

The Rental Construction Financing initiative (Financing initiative) provides lower-cost loans to encourage the construction of affordable rental housing across Canada. It will provide up to $625 million in loans each year for 4 years starting in 2017. For more information click here ...