Mar 7, 2024
The current market is marked by high-interest rates and stagnant
home sales, indicating a seller's market. Uncertainty looms large
amidst these conditions, posing challenges for both buyers and
sellers alike. Economic unpredictability adds another layer of
complexity to the real estate landscape.
Denny and Monica share...
Nov 2, 2023
As interest rates rise, the real estate market in Vancouver is experiencing increased pressure. Houses, townhomes, and condos are responding differently to these changes, and various regions within Vancouver are being impacted in diverse ways.
James and Denny discuss various cities and specific product types, sharing...
Sep 28, 2023
As 30-year mortgage rates surge past the 7% mark, a significant number of current homeowners seem hesitant to sell their properties, fearing the prospect of acquiring a new, pricier mortgage. The combination of reduced housing inventories and elevated borrowing expenses has led to a prominent concern:...
Jun 22, 2023
Two weeks ago the Bank of Canada raised the policy rate by 25 basis points, surprising most as underlying inflation remains stubbornly high.
James and Denny share how the rate increase has affected current home prices in Greater Vancouver and what they are seeing day to day as realtors.
This episode will focus on the...
Jan 12, 2023
It has been an uncertain time for people wanting to enter the real estate market as interest rates have steadily been climbing. Many buyers and sellers are waiting to see what the Bank of Canada has planned in the upcoming months before committing to any major financial decisions.
Denny and Monica discuss what they have...