Interest Rate Hike

At the start of the pandemic, the Bank of Canada drastically cut Canadian interest rates from 1.75% to 0.25% (March 2020). Today, the Bank hiked the rate by a quarter-point bringing the overnight target rate to 0.50%. The Bank said today,  “interest rates will need to rise further”.   For more details click here for…

Robust Housing Demand

The BC housing market is entering 2022 with the lowest level of active listings on record and significant demand-side momentum. That means strong sales should persist through the first few months of the year and supply will remain severely limited. As a result, we expect to see continued upward pressure on home prices in all…

Top Valued BC Properties

Last year BC Assessment assessed over two million properties.  Overall Greater Vancouver assessments for both detached and strata homes went up. The BC Assessment website is handy to do searches for property assessment(s), available services and products, for example, the assessment process, appeal, etc., and property information and trends While perusing the website I found…