November 2024

2024 - 2025 Real Estate Outlook for GVR, FVREB, and VIREB

Posted on Nov 06, 2024

Real Estate Market Analysis and Forecast: October 2024

Market Trends Across Metro Vancouver, Fraser Valley, and Vancouver Island

Demand Rebound with Balanced Markets: Across all three regions, October 2024 showed a notable increase in sales, largely driven by recent interest rate cuts from the Bank of Canada. Metro Vancouver saw a 31.9% increase in s...

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October 2024 Market Statistics

Posted on Nov 06, 2024 in Statistics



 
Well, well, well. The political and financial climate has changed pretty radically over last month. Both the Bank of Canada and the US Fed have lowered their base interest rates by 50 points or 0.50% each, citing low inflation and economic growth. Both are expected to continue this downward trend in subsequent meetings.
 
The expectation of this cut h...

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