Bank of Canada lowers policy rate to 2¼%

Posted on Nov 16, 2025

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

With the effects of US trade actions on economic growth and inflation somewhat clearer, the Bank has returned to its usual practice of providing a projection for the global and Canadian economies i...

Read More

Slow sales and high inventory give buyers the edge inOctober

Posted on Nov 16, 2025

VANCOUVER, B.C.
– November 4, 2025 – 
Home sales registered on the MLS® in Metro Vancouver* were 14 per cent lower than last October, as the trend of slower sales and building inventory creates favourable conditions for those looking to buy in the fall market.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled2...

Read More

October brings welcome boost to Fraser Valley, but sales still lagseasonal averages

Posted on Nov 16, 2025

For Immediate Release: November 4, 2025

SURREY, BC Fraser Valley home sales climbed for the second straight month in October, a sign that some
buyers may be responding to steadily easing prices.

The Fraser Valley Real Estate Board recorded 1,123 sales on its Multiple Listing Service® (MLS®) in October,
a 17 per cent increase from September, but 16 pe...

Read More

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...

Read More