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The Bank of Canada has reduced its overnight rate target to 3.25%, with the Bank Rate at 3.5% and the deposit rate at 3.25%, continuing its balance sheet normalization.

This season on the Sunshine Coast, enjoy winter markets, craft fairs, twinkling lights & seasonal parades Whether you’re shopping for gifts or indulging in festive treats, there’s plenty to enjoy this holiday season!

After months of remaining about 20% below the ten-year seasonal average, home sales in Metro Vancouver surged by more than 30% year-over-year in October.

Time to cozy up and prepare your home and garden for the colder months. Here are some essential tips to winterize your space:

Newly listed properties on the Multiple Listing Service® (MLS®) increased by nearly 20% year over year in July, maintaining a healthy level of inventory in the Metro Vancouver housing market.

** Update: In response to this feedback, government is taking action by amending the regulation to allow a notice period of three months and dispute period of 21 days for when a landlord issues a notice to end tenancy on behalf of the purchaser. The new notice period will be effective Aug. 21, 2024.

As a homeowner with rental properties, it’s important to stay informed about legislative changes affecting tenancies. Starting July 18, 2024, the notice period to end a tenancy in British Columbia will increase from two months to four months, as outlined in Sections 49 and 49.1 of the Residential Tenancy Act. This change aims to balance tenant rights and landlord responsibilities.

Have the kids finally flown the nest, leaving you with extra unneeded space? It may be the perfect time to consider downsizing to a different property. There can be many benefits all around from financial to health and opportunity!

If you’re looking to sell this spring on the Sunshine Coast, curb appeal is key. As much as we say, don’t judge a book by its cover, the mounting inventory is making it more important than ever to stand out, first impressions are everything.