The Bank of Canada lowers key interest rate to 4.75%

(June 05, 2024)

The Bank of Canada cut its benchmark interest rate by 25 basis points, delivering its first rate decrease since March 2020.

Homeowners renewing their mortgages, or those with existing variable-rate loans tied to the central bank’s policy rate will immediately see their interest rates drop. "

Bank of Canada governor Tiff Macklem said that if inflation continues to ease, “it is reasonable to expect fu... read more.

Real Estate Update- next key interest rate decision June 5, 2024

(May 22, 2024)

The Bank of Canada's next key interest rate decision will be June 5, 2024, with everything 'trending in the right direction' when it comes to inflation

The annual rate of inflation slowed in April to finish at 2.7%, with the cooling grocery prices at 1.4%, down from 1.9% in March and offsetting higher fuel prices, with consumers paying 7.9% more in April.

Shelter Costs remain "red hot" with rising... read more.

Just Listed- 4 Bedroom Home on 1.14 ACRES Hobby farm with 2 Bedroom Legal Suite!

(May 08, 2024)

24664 52 Avenue, Langley $2,699,900

MLS R2880121

Fantastic flat usable 1.14 Acres only 5 min drive to Highway 1. Large 4450 sq ft. Home with 4 Bedrooms in the main house, a 2 Bedroom LEGAL suite w/ sep. Laundry and a 2 Bedroom "Nanny quarters". Newer Windows, 40 yr Roof and Furnace - 8 years old. Newer exterior paint and new gutters and downspout. Property is nicely laid out with room for horses, a... read more.

Just Listed- 3 Bed/ 3 Bath Brookswood Home on 10,552sqft Lot w/ tons of Parking !

(May 06, 2024)

4084 204B Street, Langley $1,449,000

MLS R2879573

This well cared for 3 Bedroom/ 3 Bathroom Brookswood home sits on a large 10552.00 sqft lot. Property has backyard access and plenty of parking which can accommodate all the recreational toys. Two large decks for entertaining with firepit area patio below. Bring your ideas! Renovate or hold for future build. A convenient floor plan that is easily su... read more.

Just Listed- 4 Bed/ 3 Bath on .92 ACRE w/ SHOP & Tons of Parking !!!

(April 26, 2024)

5032 236 Street, Langley $2,299,900

MLS R2875528

Amazing opportunity in Salmon River! Parking galore on this .92 of an acre with a 30 x 60 Lean to for your boat, RV and work vehicles, a 27 x 40 HEATED detached shop with 7000 lb hoist PLUS an attached double garage. This Rancher with walkout basement is over 2700 sq.ft. with 4 bedrooms, 3 full bathrooms, 2 fireplaces, all new plumbing updated to... read more.