December 2023

December Monthly Market Update

Posted on Dec 22, 2023 in Monthly Market Updates

This video was filmed a little late as I lost my voice the week before, so I am sending it the day after my last email. I wish you a Merry Christmas. 

Fraser Valley Real Estate Market 

The Fraser Valley real estate market experienced a cooling trend as the holiday season approached, with buyers and sellers maintaining a holding pattern observed through...

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The Interest Rates remained the same... see what I think will happen next.

Posted on Dec 11, 2023 in Amanda's Thoughts

The Bank of Canada has maintained its interest rate at 5.0% for the third consecutive time, indicating a pause in further increases. The decision was based on factors such as the impact of higher rates on spending, a balanced economy, and a general economic slowdown reducing inflationary pressures. While the possibility of future hikes exists, pred...

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Is the Bank of Canada ready to cut Interest Rates?

Posted on Dec 04, 2023 in Amanda's Thoughts

Recently, I attended a real estate conference in Toronto where I had the chance to connect with top producing realtors nationwide. We had the opportunity to learn about best practices, technology and economics. Benjamin Tal, Deputy Chief Economist at CIBC, shared a 45-minute overview of the current market. Here's a quick summary in four key points...

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