Lowered 5 Year Benchmark Rate
House-hunting Canadians saw their buying power increase this week as the benchmark five-year mortgage rate reported by the Bank of Canada
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Annual Housing Starts Up 16% in July
OTTAWA – Canada Mortgage and Housing Corp. says the annual pace of housing starts in July rose nearly 16 per cent compared with June.
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FVREB July Stats
The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the second-highest number of both property sales and new listings ever recorded in July.
Optimism Towards Real Estate
Canada’s consumer outlook is experiencing a renewal of strength in regards to real estate and the economy, recent polls showed.
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Central Neighbourhood Planning Update
On July 20, the District of Mission approved Polygon’s application for a proponent led land use plan for Silverdale’s Central Neighbourhood.
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Canada Maintains AAA Rating
After having its credit rating revised by Fitch in June, S&P Reaffirmed Canada’s AAA Credit Rating but warned it could soon be revised.
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FVREB June Stats
The Fraser Valley Board received 3,456 new listings in June, a 57 per cent increase compared to May’s intake of 2,207 new listings and a 23 per cent increase compared to June 2019
B.C. to Shepherd Economic Recovery
According to a recent report from Deloitte Canada, British Columbia
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