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I just finished uploading this Apartment for sale, 304 9650 148 st, NORTH SURREY, B. C.

TOP FLOOR, CORNER UNIT-HARTFORD WOODS - Feels like a house! Vaulted ceilings, deck on each level, 3 full baths. Two bedrooms on main floor. Spacious Master bedroom features room for King-size bed, & ensuite w/ full-size soaker tub. Many extras inc. Updated baths, paint, flooring, lights, & Kitchen boasts NEW cabinets & counters, stainless appliances (2013). Dining Room PLUS room for table in kitchen. Lovely, vaulted living room offers view into trees on the very secure, QUIET East exposure side of the building, w/mountain views on upper level. Unique upper loft flexes as third bedroom or TV room with full bath, separate entry from 4th floor, & access to HUGE deck! True hardwood floors, extra-deep closets, gas FP, full-size Side x Side washer/dryer (could be stacked), & ROOFS REDONE! Beautiful Courtyard with trees, walking paths, Pool, hot tub, gym- all part of a great package! Storage locker, 2 parking stalls close to elevator, 2 pets ok. 12 rentals max. Transit, shops, park close by. Move-in dates flexible.

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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

The global economy is evolving largely as the Bank projected in its April Monetary Policy Report (MPR). In the United States, despite weakness in the first quarter, a number of indicators, including employment, point to a return to solid growth in 2016. Financial conditions remain accommodative, with ongoing geopolitical factors contributing to fragile market sentiment. Oil prices are higher, in part because of short-term supply disruptions.

In Canada, the economy’s structural adjustment to the oil price shock continues, but is proving to be uneven. Growth in the first quarter of 2016 appears to be in line with the Bank’s April projection, although business investment and intentions remain disappointing. The second quarter will be much weaker than predicted because of the devastating Alberta wildfires. The Bank’s preliminary assessment is that fire-related destruction and the associated halt to oil production will cut about 1 1/4 percentage points off real GDP growth in the second quarter. The economy is expected to rebound in the third quarter, as oil production resumes and reconstruction begins. While the Canadian dollar has been fluctuating in response to shifting expectations of US monetary policy and higher oil prices, it is now close to the level assumed in April.

Inflation is roughly in line with the Bank’s expectations. Total CPI inflation has risen recently, largely due to movements in gasoline prices, but remains slightly below the 2 per cent target. Measures of core inflation remain close to 2 per cent, reflecting the offsetting influences of past exchange rate depreciation and excess capacity.

Canada’s housing market continues to display strong regional divergences, reinforced by the complex adjustment underway in the economy. In this context, household vulnerabilities have moved higher. Meanwhile, the risks to the Bank’s inflation projection remain roughly balanced. Therefore, the Bank’s Governing Council judges that the current stance of monetary policy is still appropriate, and the target for the overnight rate remains at 1/2 per cent.

Provided by the Bank of Canada. For a full meadia release click here: http://www.bankofcanada.ca/2016/05/fad-press-release-2016-05-25/

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We are proud to announce that this May 29th, 1:00 PM to 3:00 PM we will be hosting an Open House at 20845 45A Avenue in the Uplands neighborhood, Langley City. This is an opportunity to visit this excellent House for sale in beautiful Uplands.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Uplands House for sale.

As always please do not hesitate to give me a call at 604.307.4242 if I can answer any questions before the open house, or if you would like to book a private showing.

Tammy Evans, Personal Real Estate Corporation
Treeland

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I just finished uploading this House for sale, 20231 54 ave, Langley City, B. C.

Revenue property or great first-time Buyer's home! Central Langley City location close to shops and transit. Area is designated 80 units per acre, but there's better value here in the building and land together. Many updates and Improvements- original smaller rancher was built in 1950, and larger addition including upper floor was added later (1984?). Unique plan with 3 separate entrances, newer deck, hot water tank (May 2013), roof approximately 7 years old, gas as well as wood-burning fireplaces. Single over-height carport with driveway and street parking at front, gravel parking area for several cars at rear (alley access). Great long-term Tenants would like to stay.

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Four-for-four in record-setting months for Fraser Valley real estate

May, 03 2016 11:18:59 am, by FVREB 
Categories: Statistics

SURREY, BC – Once again Fraser Valley real estate saw record-breaking numbers with April sales reaching higher than any previous April historically.

Last month, the Fraser Valley Real Estate Board processed 2,969 sales on its Multiple Listing Service® (MLS®), an increase of 47.8 per cent compared to April 2015. The previous record for sales processed in an April was set in 1991 at 2,513. However, sales did drop 1.2 per cent compared to the all-time Board record set in March 2016 at 3,006 sales processed.

Charles Wiebe, President of the Board, said of this month’s market data, “Fierce demand continues to put a strain on both inventory levels and buyers looking to purchase within the Valley."

“There’s no ‘one thing’ that can take credit for the unprecedented pace of this market. With low interest rates, a strong provincial economy, and much of the Fraser Valley remaining quite affordable, there are many factors that continue to drive the level of demand we’re seeing.”

The Board received 3,942 new listings in April, an increase of 22.5 per cent compared to April of last year, and a 2.8 per cent decrease from March 2016. The total active inventory for April was 5,697, down 32 per cent from last year’s 8,384 active listings.

Wiebe added, “While it may seem daunting, I must emphasize that it is still very possible to enter this market. However, working with a REALTOR® is essential for both home buyers and sellers; a professional will help you navigate what you need and what’s out there. Whether it’s a buyer or a home that you’re looking for, we’ll help you find it.”

Across Fraser Valley, the average number of days to sell a single family detached home in April 2016 was 17 days, compared to 38 days in April 2015.

The MLS® HPI benchmark price of a Fraser Valley single family detached home in April was $776,500, an increase of 30 per cent compared to April 2015 when it was $595,500.

In April, the benchmark price of townhouses was $353,300, an increase of 17.6 per cent compared to $300,400 in April 2015. The benchmark price of apartments also increased year-over-year by 15 per cent, going from $191,200 in April 2015 to $219,900 in April 2016.

Find the April Statistics Package here.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.