Bank Of Canada

Posted on Jan 20, 2021

 

January 20, 2021



Bank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easing
OTTAWA – The Bank of Canada today held its target for the overnight rate at the effective lower bound of 1⁄4 percent, with the Bank Rate at 1⁄2 percent and the deposit rate at 1⁄4 percent. The Bank is maintaining...

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Record-shattering December caps unexpected year in Fraser Valley real estate

Posted on Jan 18, 2021


SURREY, BC –

In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4 per cent above the 10-year average due to unrelenting, pent-up consumer demand during the second half of 2020.

In December, the Board’s Multiple Listing Service® (MLS®) processed a staggering 2...

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National Statistics

Posted on Jan 18, 2021

Record December caps record year for Canadian home sales
Ottawa, ON, January 15, 2021 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in December 2020.SUMMARY:
  • National home sales rose 7.2% on a month-over-month (m-o-m) basis in December.
  • Actual (not seasonally adjusted) a...

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Metro Vancouver housing market shows resilience in 2020

Posted on Jan 18, 2021

VANCOUVER, BC – January 5, 2021. Strong December activity brought Metro


Vancouver’s* 2020 home sales total in line with the region’s long-term annual average.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 30,944 in 2020, a 22.1 per cent increase from the 25,351 sales recorded in 2019, an...

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