by Steve Randall16 Aug 2017| repmag.ca
Using websites to compare travel products has become widespread but the same does not appear to be true when it comes to financial products including mortgages.
Although 60% of those cold... Read More »
From the Okanagan Mainline Real Estate Board
KELOWNA, B.C. – Aug 4 th , 2017. Residential sales in the Okanagan region of Revelstoke to Peachland moderated slightly in July, with 961 sales posted to the Multiple Listing Service (MLS®),... Read More »
by Justin da Rosa | 31 Jul 2017 From repmag.ca
“Short answer: No,” according to one expert.
“We saw an immediate stop to real estate in Vancouver and a 23% drop in average price, looking at the entire lower mainland... Read More »
by The Canadian Press | 12 Jul 2017 - From RepMag
Three of Canada's biggest banks are boosting their prime lending rates by 25 basis points, following an interest rate hike from the central bank.
Royal Bank of Canada (TSX:RY), the... Read More »
July 12, 2017 | Source: bcrea.bcca
The Bank of Canada announced this morning that it is raising its target for the overnight rate by 25 basis points to 0.75 per cent. In the press release accompanying the decision, the Bank... Read More »
by Steve Randal | 11 Jul 2017 | RepMag.ca
Sales of homes priced at $1 million or more were up sharply in the GTA in the first half of 2017 while Vancouver felt the impact of the foreign buyers’ tax.
Luxury sales in the GTA jumped... Read More »
Mortgage Rate Outlook
For the past six months, the relative calm in the Canadian economy meant that mortgage rates were guided more by external factors than domestic ones. Most prominent has been the quieting of previously bullish sentiment... Read More »
BCREA 2017 Second Quarter Housing Forecast
Vancouver, BC – June 19, 2017. The British Columbia Real Estate Association (BCREA) released its 2017 Second Quarter Housing Forecast today.
Multiple... Read More »
by Steve Randall | 13 Jun 2017 | repmag.ca
The next policy move from the Bank of Canada could be a rise in interest rates.
Senior deputy governor Carolyn Wilkins spoke at the Asper School of Business yesterday and said that there... Read More »
KELOWNA, B.C. – June 6 th , 2017. Home sales across the Okanagan region of Revelstoke to Peachland took a sharp upward turn in May, with 1132 homes sold, a 38% increase over April, but 6% fewer sales than this time last year, reports... Read More »