Categories for nelson real estate market

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 ...

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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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Strong Demand, Dwindling Supply for BC Housing Markets

The British Columbia Real Estate Association (BCREA) reports that a total of 12,638 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May 2021, an increase of 178.2 per cent over May 2020 when the onset of the COVID-19 pandemic prompted a lockdown of the provincial economy. The ...

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Provincial Housing Market on a Record-Setting Pace

The British Columbia Real Estate Association (BCREA) released its 2021 Second Quarter Housing Forecast. Multiple Listing Service® (MLS®) residential sales in the province are forecast to rise 33.6 per cent to 125,600 units this year, after recording 94,013 sales in 2020. In 2022, MLS® residential sales are forecast to pull back 20.3 ...

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