In a move that aligns with market expectations, the Bank of Canada has maintained its overnight rate target at 5.00% in its final announcement of 2023.

If you’re watching Metro Vancouver’s real estate market right now, you’re probably looking at West Coquitlam.

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. 

It’s been a busy month for government policymakers. As the conversation around housing affordability continues to evolve, several new and key policy changes have recently been announced that could significantly influence Vancouver's housing market.

In the Fraser Valley, Surrey emerges as an area of potential growth despite facing the headwinds of rising interest rates and changing market dynamics.

Over the past six months, the Vancouver real estate market has exhibited incredible resiliency, induced by low inventory. As the Fall market arrives, Metrotown is witnessing a flurry of new launches by prominent developers.

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.

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.

The British Columbia government recently introduced legislation aimed at regulating the rapidly growing short-term rental market in the province.