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June Conway
West Vancouver REALTOR® since 1988
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  • Properties
    • Properties
    • Recent Sales
  • For Buyers
    • Menu iconPractical Buying Tips
    • Menu iconBuyers Cost Guide
    • Menu iconDeposit Power-Saving Ideas
    • Menu iconMortgage Free Strategies
    • Menu iconMortgage & BC Home Buyer Tax Calculator
    • Menu iconConsumer Protection Information
  • For Sellers
    • Menu iconHome Maintenance Checkup
    • Menu iconMoving Checklist
    • Menu iconPreparing Your Home For Sale
    • Menu iconConsumer Protection Information
  • Resources
  • Endorsements
  • Blog
  • Contact

Economy

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Interest Rate Increase

Real Estate TipsBy June ConwayDecember 7, 2022Leave a comment

The Bank of Canada raised its overnight policy rate by 50 basis points, bringing it to 4.25 per cent, its highest level since 2008. In the statement accompanying the decision, the Bank noted that the Canadian economy continues to operate in excess demand with tight labour markets and as a result inflation remains elevated. There…

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John Jennings Real Estate Team
Royal LePage Sussex – John Jennings
2397 Marine Drive
West Vancouver, BC V7V 1K9

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