Category: Uncategorized

  • Abbotsford home sales hit summer slump

    Property prices in Fraser Valley continue to decline across all types, with Abbotsford facing slow sales and high listings. Detached homes saw a 10.3% sales increase from June but remain below last year’s levels. Apartments had a slight sales rise, while townhouses dropped nearly 29%. Prices fell for all types, with detached homes at $1,180,200…

  • BoC Rate May Drop to 2.25% by End of 2025

    BoC Rate May Drop to 2.25% by End of 2025

    The Bank of Canada may cut rates two more times in 2025, totalling 50 basis points. These cuts could reduce the key lending rate to 2.25% by December 2025. Forecasted cuts respond to economic slack despite recent inflation upticks and global trade tensions. Variable-rate mortgage holders may see lower payments or more principal repaid if…

  • Happy Labour Day

    Happy Labour Day

    Happy Labour Day! Labour Day is a chance to honor and appreciate the hard work and contributions of workers in various industries. It's a chance to look back at workers' rights achievements and labor rights progress over time. Sending warm wishes on Labour Day to honor the dedication and contributions of workers everywhere. May your…

  • How Immigration Is Changing Canada’s 2025 Rental Market

    How Immigration Is Changing Canada’s 2025 Rental Market

    Immigration caps reduced 61,000+ residents early 2025. Despite rent drops, affordability gaps remain — turnover rents soar up to 44% in some major cities. Good news for renters: more supply, slower demand, and better deals are finally showing up.

  • Canada’s Rent Inflation Set to Drop to 3% by End of 2025

    Canada’s Rent Inflation Set to Drop to 3% by End of 2025

    Canada’s rent inflation expected to cool to 3% by end of 2025, driven by disinflationary forces. Economic stagnation and job market slack reduce demand, causing hidden deflation despite rising rents

  • Will Canadian Home Prices Rebound by 2026?

    Will Canadian Home Prices Rebound by 2026?

    Canadian home prices are expected to return to 2022 peak levels by late 2025 or early 2026. Rent increases and lower vacancy rates are likely as rental supply still lags behind demand.

  • Is Canada’s Housing Market Set to Rebound by Late 2025?

    Is Canada’s Housing Market Set to Rebound by Late 2025?

    Canadian home sales ↓ 6.6% in the first half of 2025, but are forecast to rebound ↑ 4.3% by late 2025. Avg home prices ↓ 2.4% in the first half of 2025, with only ↑ 0.8% growth expected by late 2025.

  • What’s Behind Bc’s Real Estate Price Adjustment?

    What’s Behind Bc’s Real Estate Price Adjustment?

    BC’s real estate prices have fallen. The province is experiencing a moderate market correction after record highs. Declines reflect changing buyer demand and affordability pressures within BC. The market remains expensive but is adjusting toward more sustainable levels. BC buyers are adapting to evolving conditions in a shifting market.

  • Fraser Valley Buyers Enjoy Ideal Market Conditions

    Fraser Valley Buyers Enjoy Ideal Market Conditions

    July sales: 1,190, ↓ 0.5% MoM, ↓ 3% YoY Sales 23% below 10-year avg. Active listings: 10,650, nearly 50% ↑ 10-year avg. Buyers cautious; sellers must price realistically Benchmark price ↓ 0.7% to $944,800 in July July sales: 1,190, ↓ 0.5% MoM, ↓ 3% YoY Sales 23% below 10-year avg. Active listings: 10,650, nearly 50%…

  • Fraser Valley Home Sales Dip, Signs of Recovery

    Fraser Valley Home Sales Dip, Signs of Recovery

    July home sales were ↓ 23% below the region’s 10-year average. Market activity influenced by cautious buyers and sellers with differing price expectations. Tariff threats add uncertainty, slowing buyer and seller decision-making. Realistic pricing remains key to successful home sales in the region. Economic effects of tariffs expected to take time to fully impact the…