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Rory C Real Estate | Oakwyn Realty

Emerging Housing Market “New Normal” : Rates Easing Cycle, Flexible Pre-Sale Incentives in Q4 and Beyond

The Bank of Canada solidified its position on quantitative easing with a third consecutive rate cut in September, trimming the benchmark rate by a quarter-point to 4.25%. As we move … [read more]

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Enhancing The Potential Growth of A Diversified Investing Portfolio with Private Mortgages

Private mortgage investments are gaining popularity as more borrowers seek alternative financing solutions and investors recognize the advantages of this asset class. These unique investments offer several portfolio-enhancing features, from … [read more]

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Bank of Canada Recent Rate Cuts Not Managed to Coax Buyers in Greater Vancouver Off The Sidelines

The Vancouver-area real estate market is moving closer to buyer-friendly territory as inventories surged in September but sales stayed stubbornly sluggish, said realtor groups. Recent interest rate cuts by the … [read more]

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Condo Developments are Moving to Suburbs as Rising Costs & Challenging Financing Conditions

On Thursday, Canada Housing and Mortgage Corporation (CMHC) published its bi-annual housing supply report, which focuses on new housing construction trends in Montréal, Ottawa, Toronto, Edmonton, Calgary, and Vancouver. CMHC … [read more]

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Burnaby & New Westminster Anticipate Bustling Futures Defined by Population Growth & Redevelopment

Driving along the Fraser River toward New Westminster, one can see massive concrete columns rising from the waters below. A marvel of engineering, the BC Ministry of Transportation and Infrastructure’s … [read more]

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Metro Vancouver Inventory Up 31.2% & Residential HPI Represents A 1.8% decrease Y/Y, Giving Buyers A Break

Metro Vancouver home sales declined by 3.8% in September 2024 compared to September 2023, suggesting that recent interest rate reductions are having a limited effect on demand so far. The … [read more]

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Fraser Valley Housing Market Factors in Affordability Challenges & The Anticipation of More Interest Rate Cuts

SURREY, BC — With active inventories hitting levels not seen in 10 years and sales 30% below the 10-year average, Fraser Valley real estate is building towards a buyer’s market … [read more]

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