Sales recovery continues in July

Posted on Aug 05, 2025

VANCOUVER, B.C.


– August 5, 2025 – Home sales registered on the MLS® across Metro Vancouver* in July extended the early signs of recovery that emerged in June, now down just two per cent from July of last year.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled
2,286 in July 2025, a two per cent decrease from t...

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Fraser Valley real estate sales activity levels off as market entersseasonal slowdown

Posted on Aug 05, 2025

SURREY, BC – 

For Immediate Release: August 5, 2025


Market conditions are ideal for Fraser Valley home buyers this summer, but the persistent
gap between buyers’ and sellers’ price expectations continues to suppress sales.

The Fraser Valley Real Estate Board recorded 1,190 sales on its Multiple Listing Service® (MLS®) in July,
down half a per cent from J...

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Bank of Canada holds policy rate at 2¾%

Posted on Jul 30, 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%.

While some elements of US trade policy have started to become more concrete in recent weeks, trade negotiations are fluid, threats of new sectoral tariffs continue, and US trade actions remain unpredictable. Against...

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How will mortgage payments change at renewal? An updated analysis

Posted on Jul 19, 2025

Hello Neighbours, 

I hope you are doing well. 

Bank of Canada has an unmatched information page for the 'Mortgage wall' we are hearing so much about. The buzz about the mortgage renewals in 2025/ 2026 and how this will affect home prices, is worth a short read. 

Here is a link to the Bank of Canada's organized report-

LINK


Call Rick to work on your real es...

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