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Blog, News & Articles2022-04-08T19:15:22+00:00

Bank of Canada lowers target for overnight rate

For the first time in over four years, the Bank of Canada has changed its target for the overnight rate, which may come as a surprise to agents and even their mortgage partners. “The Bank

Monthly Market Update

[youtube id=”W88alUpLmD0″ width=”600″ height=”350″] President of the Vancouver Island Real Estate Board: Blair Herbert reports Real Estate Statistics for December 2014.

Real estate market finishes strong for 2014

“The Nanaimo real estate market finished 2014 as close to normal state as it’s been since 2008. Home sales increased 10 per cent, pushing market conditions to pre-recession levels. That has helped restore confidence among

Monthly Market Update

[youtube id=”TdyT4tl5raE” width=”600″ height=”350″] President of the Vancouver Island Real Estate Board: Jason Finlayson reports Real Estate Statistics for October 2014.

Building permits decline in August; reversing the trend

“Following three months of double-digit increases in the number of building permits issues by municipalities across Canada there was a drop in August. According to the latest data release from Statistics Canada the decline was

Real estate market on pace for hot start to autumn

“There are early indications that September appears to have been another strong month for Canadian home sales. That is based on data that some local real estate boards have released in recent days about how

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