November 2024 Presale Pulse

November 2024 Real Estate Market Insights Welcome to the November 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and Brittany Reimer. Watch the video to understand the latest macroeconomics, presale, and resale trends over the last 30 days affecting
The Enduring Legacy of Vancouver’s West Side
11 months
Today's real estate market is characterized by one undeniable truth—it's unpredictable. Naturally, this gives potential buyers pause before understanding all the potential risks and challenges they may face while navigating the complexity of the real estate market. Amidst the curveballs that this
Transit-Oriented Surrey Centre is Poised for Growth
11 months
In the Fraser Valley, Surrey emerges as an area of potential growth despite facing the headwinds of rising interest rates and changing market dynamics. The city has moved through price appreciations and market corrections to head into the last month of the year with tentative hope for the year to
The Ripple Effect of BoC's Announcement on Presale
1 year
On Wednesday, for the second time in a row, the Bank of Canada announced it would maintain its benchmark interest rate at 5%, continuing its policy of quantitative tightening amid global economic shifts. Bank of Canada holds overnight rate at 5% With the Bank projecting global GDP growth to be 2.9%
Finding Balance in Langley’s Real Estate Market
1 year
The Fraser Valley is preparing for a surge in the pre-sale market in the early part of 2024, tailing closely behind Greater Vancouver in forecasted activity and project launches. Despite the potential headwinds posed by increasing interest rates and fluctuating market conditions, areas within the