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Recent Blog Entries

Bank of Canada maintains policy rate at 2¼%

FOR IMMEDIATE RELEASE
Media Relations
Ottawa, Ontario
December 10, 2025

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

Major economies around the world continue to show resilience to US trade protectionism, but uncertainty is still high. In the United States, economic g...

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Early fall momentum slows as Fraser Valley sales dip in November

SURREY, BC
-December 2, 2025-

Easing prices and abundant inventory weren’t enough to entice buyers to the Fraser Valleymarket in November, as sales declined in line with seasonal buying patterns.

The Fraser Valley Real Estate Board recorded 943 sales on its Multiple Listing Service® (MLS®) in November,a 16 per cent decrease from October, and 17 per ce...

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Housing market sees little change as year-end nears

VANCOUVER, B.C.
– December 2, 2025 –

 Metro Vancouver* home-sale trends observed in October continued in November, as sales registered on the MLS® remained lower than this time last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled
1,846 in November 2025, a 15.4 per cent decrease from the 2,181 sales recor...

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Get In Touch

Richard Alexander

Macdonald Realty

201-5501 Kingsway   Burnaby,  BC  V5H 2G3 

Mobile: (778) 389-2164

Phone: (604) 437-1123

rick@rickalex.ca