October with overall sales the third highest on record. We are seeing a combination of above‐average sales with below‐average new listings which is placing strong upward pressure on home prices, for all residential categories, month‐over‐month. Fraser Valley is a top destination currently in BC for buyers looking for relatively affordable family‐sized homes. Townhomes and single‐family […]

PHOTOS: Ocean Park Halloween Parade ‘biggest yet’ – Peace Arch News

Today, the Bank of Canada made its seventh interest rate decision of 2021. No one expected a change today but economists were betting that higher rates would be on their way sooner rather than later. What actually happened and what the BoC said about the outlook for the Canadian economy can be found in First […]

As announced by the Office of the Superintendent of Financial Institutions (OSFI) and the Department of Finance, a new minimum qualifying rate will be used for all mortgages, effective June 1, 2021.  The revised calculation of the minimum qualifying rate for both insured and conventional mortgages will be the greater of the contract rate plus […]