Blog by Corina Marin

Home sales down, prices to remain flat in Metro Vancouver

June 15th, 2010
Residential home sales are down substantially in May from the same month a year ago, with Victoria and Metro Vancouver showing the sharpest drop, according to a survey released Monday by the B.C. Real Estate Association (BCREA).

Despite that, Victoria and Metro Vancouver have also seen some of the highest price increases over the 12-month period, although that trend is not expected to last.

"We ...

301 1333 7TH Ave, Vancouver West, British Columbia

June 2nd, 2010

I just sold this Condo at 301 1333 7TH Ave, Vancouver West, British Columbia .

View this recently sold Condo or see all my home sales

Bank of Canada Raises Key Interest Rate Today

June 1st, 2010
 Bank of Canada Raises Key Interest Rate Today

The Bank of Canada raised its key interest rate by a quarter point today, and most lending institutions are expected to respond by increasing their prime lending rates by a quarter point.  This marks the first rate increase by the Bank since 2007.  

In its statement the Bank noted that “the economy grew by a robust 6.1 per cent in the firs ...