Hafez Realty News

 

HIGHLIGHTS

 

• 5-year fixed mortgage rates hit three-year high
• Rapid economic growth, but still no sign of inflation
• Bank of Canada tightening, but how quickly?


Mortgage Rate Outlook

Since our second quarter forecast, our projected rise in mortgage rates has occurred and accelerated, as the Bank of Canada—spurred by economic growth that far exceeded its outlook—turned...

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Completely renovated 2 story END UNIT at Stonehouse Estates with 3 bedrooms & 3 baths! Brought right into 2017 this 1,500 sqft home has been opened up & has a new kitchen with an 8 ft island, quartz counters, roll out spice & utensil racks, appliance garage. Elec fireplaces in the vaulted living room & family room. French doors to a patio & large fully fenced yard. The master suite...

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According to statistics[1] released today by The Canadian Real Estate Association (CREA), Association (CREA), national home sales posted a small gain in August 2017.

Highlights:

  • National home sales rose 1.3% from July to August.
  • Actual (not seasonally adjusted) activity stood 9.9% below last August's level.
  • The number of newly listed homes fell a further 3.9% from July to August.
  • The MLS® Home Price...
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The British Columbia Real Estate Association (BCREA) reports that a total of 9,162 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, an increase of 2.4 per cent from the same period last year. Total sales dollar volume was $6.2 billion, up 22 per cent from August 2016. The average MLS® residential price in the province was $678,186, a 19.1 per cent increase...

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Calling all Nature Lovers

Huge 1/4 + Acre Lot

Open: Sep 16 & 17 from 2 to 4

Priced at $1,598,800

 

Enjoy a StayCation 365 days a year! Amazing 14000sqft forested lot in Coquitlam West. Enter over Stoney Creek using your own private bridge! What awaits you is a 3lvl/3441sqft/4bed/4bath/19yr young custom-built home. Freshly painted, brand new carpets & updates throughout. Features: formal...

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Hafez Panju
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