by John Murphy | Jan 8, 2025 | BC Real Estate, Uncategorized
Summary The past year has seen significant changes in the Canadian real estate landscape, highlighted by multiple interest rate cuts from the Bank of Canada, leading to increased investor confidence and potentially higher demand in various sectors, especially in...
by John Murphy | Nov 1, 2024 | BC Real Estate, Uncategorized
Summary of the Bank of Canada’s Impact on the Housing Market The Bank of Canada’s recent decision to cut its key interest rate for the fourth consecutive time has varying implications on the housing market, as per insights from industry specialists. The...
by John Murphy | Sep 20, 2024 | BC Real Estate, Uncategorized
Overview of the Vancouver Housing Market in August 2024 In August 2024, the Vancouver real estate market saw a significant drop in home sales, declining by 17.1% compared to the previous year and sitting more than 25% below the 10-year seasonal average. The total...
by John Murphy | Jul 16, 2024 | Uncategorized
Discover the Charm of Small-Town Living In Coastal B.C. Seeking a break from the urban rush? The tranquil small towns near British Columbia’s coastal city centers might be the perfect retreat. These picturesque locations offer a slow-paced lifestyle amid stunning...
by John Murphy | Jun 25, 2024 | BC Real Estate
Impact of Interest Rate Cut by Bank of Canada on Real Estate and Economy The Bank of Canada recently announced a reduction in the policy interest rate by 0.25 percent to 4.75 percent, marking the first rate cut since March 2020. This move is set to influence various...
