The Bank of Canada announced this morning that it is holding the target for its overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that economic growth has been faster than previously expected, boosted by what the Bank sees as temporary spending from ...
Continue ReadingCanadian housing starts rocketed higher in March, rising 18 per cent to over 253,000 units at a seasonally adjusted annual rate (SAAR). That pulled the six-month trend in Canadian housing starts higher to 211,342 units SAAR, well above the rate of household growth in Canada. In BC, total housing starts jumped ...
Continue ReadingWhen you’re preparing your home for sale, it’s not unusual to need to fix up a few things around the property. After all, you want your home to look its best to buyers, so that you get good offers, quickly. What do you need to fix? Here are three categories ...
Continue ReadingThe British Columbia Real Estate Association (BCREA) reports that a total of 6,580 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February, down 31.7 per cent from the same period last year. Total sales dollar volume was $4.53 billion, down 39.7 per cent from February 2016. ...
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