Market news

SURREY, BC – Overall inventory levels continued to recover as market activity remained moderate through January. The Fraser Valley Real Estate Board processed 784 sales of all property types on […]

Haider-Moranis Bulletin: Mortgage default rates are sensitive to job losses, not interest rate changes —stress tests might not be much of a safeguard. A new report from the Mortgage Professionals Canada […]

VICTORIA — Starting later this week, 1.6 million homeowners in Vancouver, Victoria and other communities targeted by the NDP speculation tax will get a letter they should not ignore or discard. […]

No change: Bank of Canada keeps benchmark interest rate at 1.75% Central Bank has hiked key rate five times since summer of 2017. The Bank of Canada kept its benchmark […]

For Immediate Release: January 3, 2019  Fraser Valley housing market slows down in 2018  SURREY, BC – After three consecutive years of total annual sales surpassing 20,000 units, 2018 saw […]

Fraser Valley market stays quiet through November SURREY, BC – Despite November’s market continuing at a slower pace and dropping compared to all-time highs in 2017, sales and inventory levels […]

Metro Vancouver mayors cancel Surrey LRT in favour of SkyTrain Surrey mayor claims he can extend Skytrain for the $1.65 billion already committed to light rail Light rail in Surrey […]

Homeowners are being advised to declare their property’s status by Feb. 4, 2019, or face being taxed. The Canadian Press Updated: November 7, 2018 The City of Vancouver has taken […]

SURREY, BC – The Fraser Valley housing market saw slight increases in both total transactions and overall inventory this month after sales hit their lowest point for the year in […]

Central bank’s benchmark rate pushes up borrowing costs for consumers CIBC, TD, Royal Bank and BMO all hike their prime rates too The Bank of Canada has raised its benchmark […]