Yesterday, the Bank of Canada held the overnight rate at 5% and there is now a widely held belief in financial markets that it is the last hold before embarking on a series of rate cuts starting in June.
A total of 588 properties sold in the Victoria Real Estate Board region this March, 0.3 per cent fewer than the 590 properties sold in March 2023 but a 25.1 per cent increase from February 2024.
This week the Bank of Canada announced that it would maintain the overnight rate at 5%. In the accompanying statement, the Bank stated that economic growth is slow, wage pressures are easing, and the economy overall appears to be in a state of modest excess supply.
A total of 470 properties sold in the Victoria Real Estate Board region this February, 2.2 per cent more than the 460 properties sold in February 2023 and a 37.8 per cent increase from January 2024.
On January 24th, the Bank of Canada held the overnight rate at 5%. The Bank now forecasts inflation rates in most advanced economies are expected to come slowly down, reaching central bank targets in 2025. This is good news for interest rates.
A total of 341 properties sold in the Victoria Real Estate Board region this January, 22.7 per cent more than the 278 properties sold in January 2023 and a 3.6 per cent increase from December 2023.
No longer just a space to pay bills and answer emails, it is a space where productivity and success are cultivated. That’s where the concept of Feng Shui comes in.
“As we look at the year ahead, there is reason for optimism: the real estate market has always been cyclical, and there are signs that interest rates are stabilizing, and that market activity will see an upswing later this year.”
Your home is about to be affected by the Chinese New Year we’re celebrating on February 10th. Did you know there are actions you can take that will align your home with 2024? That you can positively affect your health, wealth and relationships?
A total of 329 properties sold in the Victoria Real Estate Board region this December, 2.8 per cent more than the 320 properties sold in December 2022 and a 16.5 per cent decrease from November 2023.
A total of 394 properties sold in the Victoria Real Estate Board region this November, a 2.6 per cent increase from the 384 properties sold in November 2022 and a 3.2 per cent decrease from October 2023.
This question has generated a healthy income for many paint stores, and encouraged some rather tall tales! Can a gallon of red paint really pull this off? To answer that, we need to look around the world and understand where we’ve come from.
A total of 407 properties sold in the Victoria Real Estate Board region this October, 15.2 per cent fewer than the 480 properties sold in October 2022 and a 17.4 per cent decrease from September 2023.
A total of 493 properties sold in the Victoria Real Estate Board region this September, 20.2 per cent more than the 410 properties sold in September 2022 and a 9.4 per cent decrease from August 2023.
A total of 544 properties sold in the Victoria Real Estate Board region this August, 13.8 per cent more than the 478 properties sold in August 2022 and an 8.6 per cent decrease from July 2023.
September is the perfect month to declutter and reorganize your home and home office to create a more positive environment according to Feng Shui principles.