Amanda Milford Personal Real Estate Corporation

June Monthly Market Update

Posted on Jun 12, 2023 in Monthly Market Updates

The economy and inflation are still too strong for the Bank of Canada's liking, according to Benjamin Tal from CIBC. As a result, the Bank of Canada has increased its target for the overnight rate to 4.75%, with the Bank Rate at 5% and the deposit rate at 4.75%, and this will undoubtedly have a ripple effect on the housing market.

The primary driver...

May Monthly Market Update

Posted on May 08, 2023 in Monthly Market Updates

I filmed this on a street I used to drive down every day to my kid's elementary school. It's always been one of my favourite streets in the springtime. We have lower inventory levels than usual but Buyers are active finding opportunities in the our area. Prices have remained strong, leading sellers to increase inventories in the coming months as th...

April Monthly Market Update

Posted on Apr 12, 2023 in Monthly Market Updates

I filmed this at my listing 13 14888 24 Ave. I feel like I had stepped back in time when I walked in there for the first time. It is SOLD now!
The bank of Canada decided to hold its interest rate steady at 4.5% today while the impact of its previous rate hikes filters down through the economy. Canada’s inflation rate for March is to be released nex...

March Monthly Market Update

Posted on Mar 08, 2023 in Monthly Market Updates

Happy International Woman’s Day! You are all amazing!
The Bank of Canada kept its main interest rate unchanged today, the first time it has done so in about a year, arguing that economic data point to inflation sharply decelerating this year toward its 2% target. What good news!
Listings have increased marginally by 6% year on year, but to put it int...

February Monthly Market Update

Posted on Feb 09, 2023 in Monthly Market Updates

I filmed this from my listing, 1786 142 St. This is a beautifully renovated family home right next to Bayridge Elementary. Watch my video to see this gorgeous home and market update! Here is my market update: Fraser Valley, real estate sales record the slowest annual start in ten years; January new listings are the lowest in over thirty years. The...

January 2023 Monthly Market Update

Posted on Jan 09, 2023 in Monthly Market Updates

Happy New Year to you! May 2023 be filled with good fortune and health for you and your family!
Looking back on last year, we saw prices peak early, feeding off the momentum of record-breaking sales in 2021; the Fraser Valley real estate market came back to earth by the close of 2022, due largely to interest rate increases designed to stave off inf...

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