Market Update
October 25, 2011 by Dave, Cindy and Amanda Walker · Leave a Comment
With little doubt about interest rate, analysts look to Carney’s call on economy By The Canadian Press OTTAWA – The Bank of Canada is expected to continue setting the conditions for economic recovery today by passing again on interest rate hikes. Most economists and markets agree that governor Mark Carney will leave the rate at [...]
September 2011/Third Quarterly Real Estate Report/South Surrey/White Rock
October 15, 2011 by Dave, Cindy and Amanda Walker · Leave a Comment
Buyers Starting to Gain the Upper Hand? Detached Sales in White Rock/South Surrey continued to decline over the past quarter while the Benchmark Price flat lined over that period. After reaching a high of $1,018,955 in August, the Average Price declined 10.0% in September to $917,244, not too far off the Benchmark Price but still [...]
No Rate Hikes Until 2013
October 5, 2011 by Dave, Cindy and Amanda Walker · Leave a Comment
No rate hikes until 2013: BMO By Eric Lam, Financial Post BMO Capital Markets pushed its rate hikes forecast back to 2013 on Tuesday, citing continued serious economic risks both home and abroad. The new forecast pushes the expected time frame for the Bank of Canada to raise its benchmark interest rates back from [...]
News Release October 4, 2011
October 4, 2011 by Dave, Cindy and Amanda Walker · Leave a Comment
News Release: October 4, 2011 MORE LISTINGS, FEWER SALES KEEPING LID ON HOME PRICES IN THE FRASER VALLEY (Surrey, BC) – Property sales on the Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) in September were the third lowest for that month in the last decade, while new listings for September ranked the second [...]
