Spring market brings abundance of opportunity for buyers

Posted on May 03, 2025

VANCOUVER, BC – May 2, 2025

 The slowdown in home sales registered on the Multiple Listing Service® (MLS®) in Metro Vancouver* that began early this year continued in April, with sales down nearly 24 per cent year-over-year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled
2,163 in April 2025, a 23.6 per cent...

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Abundant listings and stable prices not enough to drive April salesin the Fraser Valley

Posted on May 03, 2025

For Immediate Release: May 2, 2025

SURREY, BC – Home buyers in the Fraser Valley are enjoying a selection of homes for sale not seen in more
than a decade. The growing inventory of more than 10,000 active listings means, in many cases, that buyers
have time, selection and price negotiation on their side. 

“There’s definitely a surge of activity in the m...

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Bank of Canada holds policy rate at 2¾%

Posted on Apr 17, 2025

FOR IMMEDIATE RELEASE
Media Relations
Ottawa, Ontario
April 16, 2025

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

The major shift in direction of US trade policy and the unpredictability of tariffs have increased uncertainty, diminished prospects for economic grow...

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