Uncategorized

20 08, 2023

Home Prices Well on Their Way to Bouncing Back

Comments Off on Home Prices Well on Their Way to Bouncing Back

2022 was a tough year for many Canadians faced with either purchasing a home while interest rates were rising or with renewing their current mortgage while rates nosed an upward trajectory. Prices of homes across the country during this time saw a significant dip – in some cities as much as -20%.  While the

16 11, 2022

Higher Rates Lower Prices

Comments Off on Higher Rates Lower Prices

With the buying frenzy from last year now over buyers are contemplating whether or not to buy a home with the higher interest rates, higher payments and lower prices. Last year was the opposite of where we are today so you need to take the time and see if it actually makes sense to

17 08, 2022

Real Estate Sales Fall as Fixed Rates Stabilize

Comments Off on Real Estate Sales Fall as Fixed Rates Stabilize

Real estate in the Fraser Valley has once again seen sales, and subsequently prices, fall for the fourth straight month. In the government’s effort to hamper inflation’s rapid growth and the harm it would bring to the real estate market they have continued to raise the prime rate. On the other hand, fixed rates