Bank Prime: 2.85% Best Variable Rate: 2.15% Best 5 Year Rate: 2.79% Analyst explains why banks haven’t matched the BoC’s rate by Justin da Rosa | 29 Jan 2015 The big banks’ decision to lower their prime rates – but not fully match the mark set by the Bank of Canada – was about balancing […]

Oliver says there’s no housing bubble by Jamie Henry | 29 Jan 2015 Some people will never be convinced but yesterday federal finance minster Joe Oliver again repeated the government’s opinion: “we don’t think there’s a bubble.” He said that the CMHC and the Organization for Economic Cooperation and Development agree. Oliver said that the […]

News Release – Fraser Valley Real Estate Board – December 2, 2014 2014 trend towards increased sales and steady pricing continues into November  SURREY, BC – The Fraser Valley Real Estate Board processed 1,136 sales on its Multiple Listing Service (MLS®) in November, an increase of 15 per cent compared to the 986 sales during […]

News Release: November 4, 2014   INCREASED DEMAND FOR FRASER VALLEY TOWNHOUSES AND SINGLE FAMILY HOMES   (Surrey, BC) – The Fraser Valley Real Estate Board processed 1,448 sales on its Multiple Listing Service (MLS®) in October, an increase of 16 per cent compared to the 1,249 sales during the same month last year and […]

Hey, We work with real estate prices everyday and this article below only confirms, what we already know, property prices have increased over the past year and by the article below, that will continue into 2015. Great time to invest or move up.. Daily Market Update Home News by Jamie Henry31 Oct 2014 Positive outlook […]

Broker: Variable will continue to trump fixed. by Jamie Henry | 30 Oct 2014 The message from several brokers is that variable rates still reign supreme, following a story about one financial professional’s personal mortgage blunder. “From what I analyze daily, low rates will be with us for a long time,” Brian Lambert of Real […]

CREA Reports Housing Sales “Ease Back” in September Oct 20, 2014 The Canadian Real Estate Association (CREA) reported last week that Canadian existing home sales declined on a month-over-month basis in September for the first time since January. Volumes were down 1.4% from August’s figures but, on a year-over-year basis, September saw sales which were […]

For Immediate Release: October 2, 2014  Strong summer for Fraser Valley real estate carries through to September  SURREY, BC – The Fraser Valley Real Estate Board processed 1,419 sales on its Multiple Listing Service (MLS®) in September, an increase of 25 per cent compared to the 1,131 sales during the same month last year, and […]

Canada house prices to climb further, crash fears rising … Anu Bararia Reuters – Published Thursday, Aug. 28 2014, 5:08 PM EDT                         36                                                                     13                       […]

CMHC crunches condo ownership breakdown inShare   by Justin da Rosa | 12 Aug 2014 Brokers and industry professionals have often wondered what percentage of condos in Canada’s two biggest markets are owned by investors and the data has finally been compiled. “As information on condominium investment is rather limited at this time, CMHC has […]