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Recent Blog Entries

New year, same housing market in Metro Vancouver

VANCOUVER, BC – February 3, 2026 

 Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver* were 28.5 per cent lower than last year, setting the year off to a quieter start.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,107 in January 2026, a 28.7 per cent...

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Fraser Valley home prices back to pandemic-era levels under weightof economic headwinds and sustained inventory

For Immediate Release: February 3, 2026

SURREY, BC – Home prices in the Fraser Valley fell for the tenth consecutive month in January, pushing the
Benchmark price below $900,000 for the first time since spring 2021.

The Benchmark price for a typical home in the Fraser Valley dropped one per cent in January to $897,200,
down 6.9 per cent year-over-year...

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Bank of Canada maintains policy rate at 2¼%

FOR IMMEDIATE RELEASE
Media Relations
Ottawa, Ontario
January 28, 2026

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%.

The outlook for the global and Canadian economies is little changed relative to the projection in the October Monetary Policy Report (MPR). However, the...

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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