Bank of Canada Interest Rate Announcement - October 23, 2012

October 25th, 2012
The Bank of Canada once again opted to hold its target for the overnight rate at 1 per cent. Interest rates have been held constant for over two years, the longest such period since the 1950s. The Bank somewhat tempered its bias for higher future interest rates, including a softer statement regarding the appropriateness of a gradual withdrawal of monetary stimulus as excess supply in ...

Housing Market Update

October 18th, 2012

1481 Paisley Road, North Vancouver, BC

October 16th, 2012
I just finished uploading this House for sale, 1481 Paisley Road, North Vancouver, BC In the Highlands Elementary and Handsworth Secondary catchment area, this house appears to need extensive renovations and therefore the value is primarily in the land only. NOTE: Please do not walk the property without first making an appointment. According to the DNV’s Geoweb site, the lot is 48’ x 130’. T ...

September 2012 Housing Market Update

October 11th, 2012

Conditions continue to favour buyers in the Greater Vancouver housing market

October 4th, 2012
The summer of 2012 drew to a close in September with home sale activity well below historical averages in the Greater Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,516 in September, a 32.5 per cent decline compared to the 2,246 sales in September 2011 and an 8.1 per ...