This morning, the Bank of Canada announced its third consecutive rate cut, lowering its benchmark interest rate by 25 basis points to 4.25%. Prime will now be 6.45%. This move, anticipated by many in the financial community, follows earlier cuts in June and July, signalling a shift in the Bank’s approach to comb...
Although today's Bank of Canada interest rate announcement may not immediately trigger changes, it serves as a crucial indicator for the Canadian real estate market.
Key Highlights:
- The Bank of Canada’s (BoC) decision to lower its overnight lending rate by an additional 25 basis points today aligns with market predictions for continued rate cuts un...
Steady fall market anticipated in majority of regions across Canadian housing market!
According to the RE/MAX 2024 Fall Housing Market Outlook Report, the long-anticipated decline in interest rates is expected to have a ripple effect on the market this fall, with consumer confidence rising and with average sale prices across all housing types expect...
3998 Phyllis Road, North Vancouver | Co-Listed by Matt Gul & Selin Gul
Welcome to 3998 Phyllis Road, the perfect family home located in North Vancouver’s Lynn Valley Neighbourhood. This 5 bedroom, 4 bathroom home is the definition of Lynn Valley Living, offering over 2700 Sq.Ft. of elegant living space situated on a 4026 Sq.Ft lot overlooking direc...
1405 - 588 Broughton Street, Vancouver | Co-Listed by Matt Gul & Selin Gul
WELCOME to this BEAUTIFUL TOP OF THE LINE FULLY RENOVATED 1 bed, 1 bath +den + balcony unit located in the Harbourside Park Towers. This spacious unit features breathtaking views of the ocean, city, Stanley park, and more! Bright & open floor plan drenched in natural light...
In recent discussions surrounding housing affordability, Singapore's model has frequently been highlighted as a potential template for Canada, particularly in British Columbia. The province’s BC Builds housing program, introduced earlier this year, echoes several aspects of Singapore's approach, aiming to address the pressing issue of affordable ho...