Is This The Right Time to Sell My Home In Coquitlam?
Posted on Mar 09, 2022
All data still points to a Seller's Market however with the slow-up tick of interest rates will this trend continue? Will competition for housing remain at high levels in the upcoming months? If I sell my home where will I go? Will inventory continue to be limited? Will I be homeless if my house sells in a week?
These are questions yet to be answer...
These are questions yet to be answer...
The Race Between Low Inventory Listings and Rising Interest Rates
Posted on Mar 04, 2022
With housing sales remaining elevated at the start of 2022 and new listings entering the market at a reported "more typical level" What are you to expect in the upcoming months?
In a nutshell, Keith Stewart, Economist, has assessed the Metro Vancouver Housing Market Activity in the first quarter and this is the overview of the results:
• Listings rem...
Beware Seller's and Buyer's Of False Advertising
Posted on Mar 02, 2022
I'm only warning you because I am a local real estate professional who cares and has a deep respect for my fellow professionals and the public.
Yesterday my son brought in the mail and what I saw was very upsetting to me as a Real Estate Professional. There was a brochure from a Real Estate Group that was advertising a lower percentage for listing a...
BCREA-Bank of Canada Interest Rate Announcement
Posted on Mar 02, 2022
As widely expected, the Bank of Canada raised its overnight policy rate this morning to 0.5 per cent, an increase of 25 basis points. In the statement accompanying the decision the Bank noted that the invasion of Ukraine by Russia has added a major new source of uncertainty to the global economy, and it expects the fallout to include upward pressur...
BCREA-A BETTER WAY HOME
Posted on Feb 28, 2022
EXECUTIVE SUMMARY As trusted advisors on the majority of real estate transactions, BC REALTORS® have an intrinsic interest in consumer protection. The BC Real Estate Association (BCREA) is committed to working with the BC Government and the BC Financial Services Authority (BCFSA) to develop robust evidence-based policy that will enhance consumer pr...
