(May 08, 2020)
Greyfriars Realty would like to wish you a Happy Mother's Day this Sunday, May 10, 2020.
It is set to be a beautiful weekend with the sun shining and highs in the late 20's. A perfect weekend to celebrate your mother. Although we are still not able to have family gatherings just yet, we can all find creative ways to make Mom feel special on her day.
On behalf of our clients, Greyfriars Realty has ma... read more
(May 04, 2020)
Downtown Vancouver and Canada Place are seen here from the NEWS 1130 Air Patrol in the summer of 2019. (Source: Riley Phillips/NEWS 1130)
Vacancy rates have only gone up from 1 per cent to about 1.1 per cent since mid-March.
(April 15, 2020)
BY MARTIN MACMAHON AND HANA MAE NASSAR
Posted Apr 15, 2020 12:31 pm PDT
VANCOUVER (NEWS 1130) – With bad news about the economy due to the COVID-19 crisis coming out on an almost-daily basis, many are wondering what this all means for the real estate values in Metro Vancouver.
The economic numbers coming in seem to get worse every time an update is provided, but given the low supply of homes on the m... read more
(April 01, 2020)
With the prime rate just under 3 percent, mortgage rates in BC could remain stagnant according to the BC Real Estate Association.
Chief Economist, Brendon Ogmundson told Vista Radio the effects of the coronavirus will vary depending on how long this lasts.
“This extends into mass layoffs and a big impact on employment if the trickle-down is a little more permanent and that is going to affect housing... read more
(March 10, 2020)
Several Canadian banks and financial institutions have dropped their prime lending rate by 50 basis points to 3.45 per cent, effective March 5.
The moves by the Royal Bank, Toronto-Dominion Bank, Scotiabank and the Desjardins Group match the Bank of Canada’s decision Wednesday to drop its key lending rate by 50 basis points, which was itself a matching of what the U.S. Federal Reserve had cut a day... read more