RSS

We are proud to announce that this Oct 28th, 1:00 PM to 3:00 PM we will be hosting an Open House at 966 Parker Street in the East Beach neighborhood, White Rock. This is an opportunity to visit this excellent House for sale in beautiful East Beach.

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

As always please do not hesitate to give me a call at 604.533.3491 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

Read

I just finished uploading this House for sale, 966 PARKER STREET, WHITE ROCK, BC

OCEAN VIEW! WALK TO THE BEACH FROM THIS STUNNINGLY REMODELLED HOME ON QUIET EAST BEACH STREET . WATCH SUNSETS FROM THE 160 SQFT SOUTH-WEST FACING SUNDECK. NATURAL LIGHT & SPACE in this GREAT ROOM- STYLE basement-entry home with VAULTED CEILING, many windows, & skylights. Thousands of $$ spent over last 2 years! Recent Furnace & Hot Wtr tank (2015), doors & hardware, glass stair rail, base, fireplaces, security.New gourmet kitchen boasts QUARTZ COUNTERS & HUGE ISLAND/EATING BAR, 6 burner GAS RANGE, BI OVEN, MICROWAVE, HARDWOOD, STAINLESS APPLIANCES. Bifolds replaced with passage doors. MASTER BEDROOM features room for KING-SIZE BED, walk-thru closet, & Ensuite has both soaker tub + separate shower. Basement features full bath, fireplace, & sep. entry, accessing fenced, private yard, & bedroom down flexes as office or gym. Over-size double garage (23'5x23') plus level driveway for lots of parking. Quick drive to Border, HWY 99, shopping, schools & transit. Flexible move-in dates.

Read

Bank of Canada maintains overnight rate target at 1 per cent

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

Inflation has picked up in recent months, as anticipated in the Bank’s July Monetary Policy Report (MPR), reflecting stronger economic activity and higher gasoline prices. Measures of core inflation have edged up, in line with a narrowing output gap and the diminishing effects of lower food prices. The Bank projects inflation will rise to 2 per cent in the second half of 2018. This is a little later than anticipated in July because of the recent strength in the Canadian dollar. The Bank is also mindful that global structural factors could be weighing on inflation in Canada and other advanced economies.

The global and Canadian economies are progressing as outlined in the July MPR. Economic activity continues to strengthen and broaden across countries. The Bank still expects global growth to average around 3 1/2 per cent over 2017-19. However, this outlook remains subject to substantial uncertainty about geopolitical developments and fiscal and trade policies, notably the renegotiation of the North American Free Trade Agreement.

Canada’s economic growth in the second quarter was stronger than expected, and was more broad-based across regions and sectors. Growth is expected to moderate to a more sustainable pace in the second half of 2017 and remain close to potential over the next two years, with real GDP expanding at 3.1 per cent in 2017, 2.1 per cent in 2018 and 1.5 per cent in 2019. Exports and business investment are both expected to continue to make a solid contribution to GDP growth. However, projected export growth is slightly slower than before, in part because of a stronger Canadian dollar than assumed in July. Housing and consumption are forecast to slow in light of policy changes affecting housing markets and higher interest rates. Because of high debt levels, household spending is likely more sensitive to interest rates than in the past.

The Bank estimates that the economy is operating close to its potential. However, wage and other data indicate that there is still slack in the labour market. This suggests that there could be room for more economic growth than the Bank is projecting without inflation rising materially above target.

Based on this outlook and the risks and uncertainties identified in today’s MPR, Governing Council judges that the current stance of monetary policy is appropriate. While less monetary policy stimulus will likely be required over time, Governing Council will be cautious in making future adjustments to the policy rate. In particular, the Bank will be guided by incoming data to assess the sensitivity of the economy to interest rates, the evolution of economic capacity, and the dynamics of both wage growth and inflation.

Provided by the Bank of Canada. For more info click here: https://www.bankofcanada.ca/2017/10/fad-press-release-2017-10-25/

Read

I just finished uploading this Townhouse for sale, #15 18818 71, Cloverdale, BC

JOI - a boutique collection of family homes, in area of newer homes close to schools (Clayton Heights Secondary, Katze), Parks, (including off-leash Dog Park) transit, Starbucks, shops, & quick highway access. Almost new! 3 bedroom, 3 bath home backing onto treed walkway in quiet location. Over-height ceilings, powder room on main, laminate floors, electric fireplace, upscale exterior of Hardi-plank and decorative stone. Kitchen features full tile backsplash, quartz counters, island with eating bar, wine fridge, & eating area that flexes as TV room. Master bedroom boasts space for King bed, His & Her closets, & full en-suite with double-size shower. Soaker tub in main bath. Tandem garage offers space for 2 large cars, storage AND workbench. Covered sundeck overlooks fenced yard with room for swing set, etc. Pets ok, remainder of New Home Warranty. Flexible move-in dates - quick close ok! Easy to view.

Read

I just finished uploading this Apartment for sale, #209 6557 212 Street, Surrey, BC

LAKEWOOD TERRACE - SPACIOUS - Almost 800 sq. ft., 1 bed, 1 bath, 2 PARKING STALLS! Overlooks courtyard and pond, quiet location in well-maintained complex with lots of garden area. Low strata fee of $241.14 includes gas, hot water and heat. Lounge can be rented for private functions. Storage locker, gas fireplace, in-suite laundry, open kitchen, radiant in floor hot water heating. Close to shopping, transit, restaurants and easy Hwy access. 1 dog or 1 cat allowed - no size restrictions, 2 rentals max, & no age restriction.

Read

Demand for Fraser Valley homes remains unchanged despite change of season

SURREY, BC – Residential property sales in the Fraser Valley remained strong in September, with both attached and detached homes performing well throughout the region.

The Fraser Valley Real Estate Board processed 1,619 sales of all property types on its Multiple Listing Service® (MLS®) in September, an increase of 24.1 per cent compared to the 1,305 sales in September of last year, and a 13.8 per cent decrease compared to the 1,879 sales in August 2017. This was the fifth highest sales total for a September in the Board’s history.

Of the total sales processed 392 were townhouses and 470 were apartments, together representing 53% of market activity in September.

“Often we see summer demand continue as far as October, so it’s not unusual to have another strong month before the seasonal cool down," said Board President Gopal Sahota. “What’s unusual this year is that attached inventory sales are still driving the market despite the increased competition we’re seeing there.”

Last month the total active inventory for the Fraser Valley was 5,854 listings. Active inventory increased by 2.5 per cent month-over-month, and decreased 8.8 per cent when compared to September 2016.

The Board received 2,848 new listings in September, an 8.2 per cent decrease from August 2017, and a 5.1 per cent increase compared to September 2016’s 2,709 new listings.

"It’s also interesting to observe the return to a balanced market for detached homes here in the Valley,” continued Sahota. “While pricing remains stable, competition for houses has simmered and listings are staying on market longer. If you were waiting to make a move or upgrade, now might be a good time to talk to your REALTOR® and see what’s out there.”

For the Fraser Valley region the average number of days to sell an apartment in September was 19 days, and 18 days for townhomes. Single family detached homes remained on market for an average of 29 days before selling.

HPI® Benchmark Price Activity

• Single Family Detached: At $974,500, the Benchmark price for a single family detached home in the Valley decreased 0.2 per cent compared to August 2017, and increased 11.2 per cent compared to September 2016.

• Townhomes: At $498,900 the Benchmark price for a townhome in the Fraser Valley increased 1.4 per cent compared to August 2017, and increased 17.7 per cent compared to September 2016.

• Apartments: At $358,200, the Benchmark price for apartments/condos in the Fraser Valley increased 2.5 per cent compared to August 2017, and increased 35.2 per cent compared to September 2016.

Provided by the Fraser Valley Real Estate Board. Full package can be found here:
http://www.fvreb.bc.ca/statistics/Package201709.pdf

Read
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.