Fraser River Crossing Forcemain Project
The City of Mission’s Forcemain Project reached an important milestone last week.
Mission’s Fraser River Sanitary Crossing Gets Go-Ahead
The Braich family and the City of Mission announced that their agreement will enable the City’s Fraser River Sanitary Sewer Crossing project to proceed.
Silverdale Central Neighbourhood Update
As mentioned in our last update, the city of Mission held a scheduled council meeting on June 7th, alongside Ekistics Town Planning to provide the first look at the Silverdale’s Central Neighborhood Draft Land Use Options.
Silverdale Update – May 2021
The long-awaited Central Neighbourhood Draft Land Use Plans are slated to be released June 7th, during a District of Mission Public Council Meeting.
Paul Horn – New Mission Mayor
The Mission by-election was held this past Saturday for the vacant mayoral seat. Paul Horn, a Silverdale resident won in convincing fashion.
Silverdale Update – March 2021
EKISTICS, the Neighborhood Plan’s consultant will be leading two meetings for residents of the Silverdale Central Neighborhood next week.
Silverdale Update – January 2021
Silverdale’s Central Neighbourhood Plan is slated to receive Draft Land Use Plans in Mid February.
Canada’s Money Supply Reaches 30 Year High
The country’s tight money supply is trending towards a substantial return to production and consumer spending
Mayor Pam Alexis Resigns, By-Election Slated for Spring 2021
Mayor Pam Alexis has officially submitted her resignation.
FVREB October Stats
The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service® (MLS®) in September.
BOC : Rates Forecast to Remain Low into 2023
The Bank of Canada said it anticipates interest rates to persist at the current record lows until 2023
Vancouver Company Creative in Home Deconstruction
An imaginative Vancouver company is revolutionizing the way houses are being torn down by collecting every last piece of reclaimable building material.
Former BOC Governor ‘Not Really’ Concerned
Stephen Poloz, the former Bank of Canada governor, says he’s “not really” concerned about Canada’s current housing markets.
Archer Green by Polygon Homes
Polygon Homes recently began marketing Archer Green, its first project in Mission’s Silverdale development area.
FVREB September Stats
The Fraser Valley Real Estate Board processed 2,231 sales on its Multiple Listing Service® (MLS®) in September.
Highlights From The Throne Speech
In a new speech from the throne, the Liberal government detailed its plan to face the coming second wave of COVID-19, support Canadians and businesses that are still struggling because of the pandemic and boost the economy for longer-term recovery.
CMHC Rebrand?
The Canada Mortgage and Housing Corp. will be getting a new name in the coming months, part of a larger rebranding by the federal housing agency to better reflect its changing mandate
Understanding Pent-Up Demand In Real Estate
Pent-up demand is a brief period of consumption where purchasing is unusually high. This follows a period of unusually low, restrained activity. This can be due to policy influence (a foreign buyer tax, vacancy, etc.)
FVREB August Stats
The price of a typical condo, aka the benchmark, made a small increase. REBGV’s condo benchmark hit $682,500 in July, up 4.2% compared to last year
CREA: Record High for Home Sales in July
The Canadian housing market saw more sales this July than any month in the past 40 years, with 30 per cent more homeowners closing on properties compared to this time last year.
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
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.
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.
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.
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.
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