Canadian inflation, as measured by the Consumer Price Index (CPI), rose to 3.6% year-over-year in May, up from 3.4% in April. This is the highest level since May of 2011. Much of the increase in inflation was the result of base-year effects, as prices remained depressed in May of ...
Continue ReadingCanadian housing starts increased by 3.2% m/m to 275.9k units in May at a seasonally adjusted annual rate (SAAR). Starts hit a record in March of 333.3k before declining somewhat in April. Single-detached housing starts declined 12% from April, while all other housing starts rose 11%. National housing starts were ...
Continue ReadingThe Bank of Canada maintained its overnight rate at 0.25 per cent this morning, a level it considers its effective lower bound. The Bank reiterated what it calls “extraordinary forward guidance” in committing to leaving the overnight rate at 0.25 per cent until slack in the economy is absorbed ...
Continue ReadingYour front walkway is one of the first sections of real estate a buyer will set foot on when coming to see your home. So, it makes sense to make that pathway to your front door as appealing as possible. The obvious way is to make it as clean and ...
Continue ReadingWhen you think about selling your property, do you dwell on the possible work and stress involved? You’re not alone. Many homeowners share the same concerns. But it doesn’t have to be that way. In fact, there are plenty of ways to add some fun, anticipation, and even a sense ...
Continue ReadingThese days, just about everyone relies on the internet for work, school, entertainment, shopping, networking, you name it. So, speed and connectivity have become big issues. Ideally, you want a fast, reliable connection — consistently. If you have a router and connect with WIFI, here are some ways to boost ...
Continue ReadingLike most homeowners, you probably don’t think of your property as just a building with rooms and a backyard. To you, it’s much more than that. It’s a home. When you walk into your dining room, for example, you don’t merely see the table and chairs. You see memories. You ...
Continue ReadingHome buyer and seller activity reached unprecedented levels across Metro Vancouver in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 5,708 in March 2021, a 126.1 per cent increase from the 2,524 sales recorded in March 2020, and a 53.2 per ...
Continue ReadingWhere do buyers form the most lasting impression of a home for sale that they visit? On the main floor! When buyers view a property, they often spend a lot of time on the main floor, thinking and imagining. They visualize cooking in the kitchen, having family dinners in the ...
Continue ReadingA slow real estate season is defined as a period of time that has less activity — fewer listings, fewer transactions, etc. — than other times of the year. In many areas, the slow season is in the winter, but it can be at other times as well. The question ...
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