Tag Archive: #nelsonbc #nelsonbcrealtor

Housing Market Adjusts to Mortgage Stress Test

BCREA 2019 First Quarter Housing Forecast Update The British Columbia Real Estate Association (BCREA) released its 2019 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 2 per cent to 80,000 units this year, after recording 78,345 residential sales in ...

Continue Reading

Bank of Canada Interest Rate Announcement

The Bank of Canada raised its target for the overnight rate by 25 basis points to 1.75 percent this morning. In the statement accompanying the decision, the Bank noted that the Canadian economy is expected to average growth of 2 percent over the second half of 2018 before slowing to ...

Continue Reading

Housing Market Reacts to Mortgage Stress Test

The British Columbia Real Estate Association (BCREA) released its 2018 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 21 percent to 82,000 units this year, after recording 103,768 residential sales in 2017. MLS® residential sales are forecast to increase ...

Continue Reading

Are you planning to buy a new home in 2018?

Join me on Wednesday March 14, 2018 for this free talk. Learn what every home buyer needs to know before making what for most is the largest single purchase of their life. Are you curious about the current market conditions? Do you have questions about the buying process? Bring your ...

Continue Reading