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Bank of Canada Interest Rate Announcement

Bank of Canada Interest Rate Announcement – January 17, 2018 The Bank of Canada opted to raise the target for its overnight interest rate this morning 25 basis points  to 1.25 per cent.  In the statement accompanying the decision, the Bank cited recent strong...
Canadian home sales surge in December

Canadian home sales surge in December

Ottawa, ON, January 15, 2018 – Statistics released today by The Canadian Real Estate Association (CREA), show national home sales continued to climb in December 2017. Highlights: National home sales rose 4.5% from November to December. Actual (not seasonally adjusted)...

BC Home Sales Above 100,000 for Third Consecutive Year

BC Home Sales Above 100,000 for Third Consecutive Year Vancouver, BC – January 12, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 103,763 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the...

Royal LePage 4th Quarter 2017 House Price Survey

Just Released: Royal LePage Q4 2017 House Price Survey The Q4 Royal LePage House Price Survey was released to media early this morning. Key highlights from the national release include: The Royal LePage National House Price Composite, compiled from data collected in...

Residential Sales Volume On Trend

Residential Sales Volume On-Trend for Time of Year KELOWNA, B.C. – January 8th, 2017. Typical for December, volumes in residential sales declined this past month, with 459 sales posted to the MLS®, a 24% decrease from November, but comparable to last year’s sales of...