Highlights: Canadian fixed mortgage rates face upward pressure as geopolitical instability sends oil soaring. Tariffs and the Iran conflict are driving growth and inflation concerns. The Bank of Canada is walking a tight rope of double-sided risks.
Buyers and sellers adopting a wait-and-see approach to housing market
After nearly a year of steady price declines, the Fraser Valley housing market is beginning to show early signs of stabilizing, with Benchmark prices edging up month-over-month for the first time in 11 months.
Buyers continued to benefit from substantial negotiating power on price across major market segments in the last month. This explains why benchmark and average selling prices were down year-over-year. However, if market conditions continue to tighten, as they did in March, selling prices could start levelling off as we move through the remainder of 2026.
Spring cleaning is an old tradition rooted in many cultures. It is the process of thoroughly cleaning a house from top to bottom once the weather has lost its winter chill.
Buyer's remorse is an emotional response that many homebuyers experience during the course of a real estate transaction. The response can take various forms such as feelings of regret, fear, depression, or anxiety.
Many people are likely going to spend a considerable amount of time browsing through your home while it is on the market. If you are living in the home while it is for sale, your personal things will be on show too, and potential buyers might look thr...
With spring just around the corner, many homeowners have gardening on their minds. The seed catalogues are well worn from repeated flipping of pages. Seeds have been ordered, and some early bedding plants have been started. Many of us are itching to ...
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