The Fraser Valley continues to be a slower-than-usual housing market but there are some positives. Sales in April were down 19% year-over-year to 1,383, although that was an increase of 13.3% from March according to MLS data from the Fraser Valley Real Estate Board. While it was the second-slowest April in 10 years, consumers’ demand […]

Saturday & Sunday May, 4th & 5th from 2 pm to 4 pm Bouncy Castle, Lawn Games & Balloons Desserts & Refreshments Brand New Award Winning Homes Offering Luxury, Quality & Style In Ocean Bluff 14149 & 14139 16 Avenue, South Surrey Back Lane Access Offered At $1,888,000 Ocean Bluff. Lane Access! Steps to Bayridge, […]

The latest reading of Canada’s economy brings both good and bad news for the housing market. While growth slowed in February – to just 0.1% following a 0.3% rise in January – the weakness will almost certainly rule out any interest rate increases this year. Statistics Canada’s GDP figures released Tuesday show a near-even split […]

17th Annual Neighborhood Garage Sale Sponsored By The Walker Real Estate Team Saturday, April 27 @ 9:00am Bell Park: 13896 19A Ave. – fishing poles and tools 13836 19A Ave.- Stoke baby crib and attachments, Boon high chair, play pen, Thule toddler bike seat, toddler bikes/helmets/toys and much more 1983 138 Str. – household items […]

The likelihood of a Bank of Canada interest rate increase appears to be getting pushed further and further beyond the horizon. The Bank is expected to remain on the sidelines again this week when it makes its scheduled rate announcement on Wednesday. A recent survey by Reuters suggests economists have had a significant change of […]

Canadian home buyers continue to accept and adjust to the new realities of the market, but that doesn’t mean they are happy about it. A home ownership survey conducted earlier this year suggests nearly 40% of homeowners see themselves as being (or having been) “house poor”. That means they are spending more than 30% of […]

The spring season is a mixed one for Canada’s housing markets with some showing gains while others remain under pressure. More than a year on from the introduction of mortgage stress tests, the impacts are still being felt and new measures to help buyers have not yet taken effect. Despite some positive economic conditions, the […]

Insured Purchase/Transfer: Fixed 3.19% or ARM P-1.00% Conventional ARM (up to 80%, 25 year am): ARM P – 0.45% Conventional Special (up to 80%, 30 year am): Fixed 3.29%

The International Monetary Fund has expressed concern about rising risk in the Canadian housing market. The IMF’s Global Financial Stability Report says that the risk has grown over the past two years and is near to levels seen during the financial crisis of the last decade. However, there’s a major difference between then and now; […]