Bank of Canada Interest Rate Announcement – December 7th, 2022

The Bank of Canada raised its overnight policy rate by 50 basis points, bringing it to 4.25 per cent, its highest level since 2008. In the statement accompanying the decision, the Bank noted that the Canadian economy continues to operate in excess demand with tight labour markets and as a ...

Office Space Lease Opportunity!

Cover Architecture has a lease opportunity. They are looking for a new tenant for the ground-level space in their building at 96 Baker Street. Convenient location, bright, modern, and accessible. Please reach out to office@coverac.ca or call 250-354-4445 for more information. ...

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BCREA 2021 Third Quarter Housing Forecast Update: Provincial Housing Market Activity Normalizing into 2022

The British Columbia Real Estate Association (BCREA) released its 2021 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 26 percent to 118,350 units this year, after recording 94,007 sales in 2020. In 2022, MLS® residential sales are forecast to pull ...