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                                                The Market Today - January 3 2024

Posted on Jan 03, 2024 in Amanda's Thoughts

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Immigration


In the first nine months of 2023, the country experienced its highest population growth since 1867, with over a million people added. Statistics Canada reported an increase of 430,635 individuals from July to October, marking a 1.1% boost, the highest quarterly growth rate since Q2 1957. This overall growth sur...

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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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Summerfield November Mid-Month Real Estate Market Update

Posted on Nov 16, 2023 in Summerfield, Pacific Douglas


Summerfield has 9 homes on the market, with one sale this month. However, today, two listed homes will be removed from the market. One requires minor updates, while the other experienced the collapse of two offers due to financing issues. Notably, 156 172A STREET has accepted an offer.

The current real estate market is sensitively impacted by the ef...

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White Rock/ South Surrey Real Estate Market Update November 2023

Posted on Nov 15, 2023 in Monthly Market Updates


I filmed this from my fabulous listing, 81 350 174 St, an executive townhome with a primary bedroom on the main and a west-facing private patio. You want to see this one! 

In October, sales and new listings experienced another decline as consumers remained cautious due to the impact of elevated interest rates. The Fraser Valley region, specifically...

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