“After a temporary slowdown likely influenced by the most recent interest-rate hike, June ended up being busier than we expected,” says Kelly O’Dwyer, 2023 Chair, Vancouver Island Real Estate Board. “Buyers and sellers are sort of meeting in the middle, with reasonable expectations at either end. Overall, it’s looking like we’re headed for a pretty…
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Interest Rate Announcement! “The Bank of Canada raised its overnight policy rate this morning by 25 basis points to 4.75%. In its statement accompanying the decision, the bank noted that the Canadian economy was stronger than expected in the first quarter and spending in interest rates sensitive sectors, like the housing market, has picked up….
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The Government of BC has an informative website regarding the Current BC Wildfire Situation, Maps, Latest News, Resources and a link to the BC Wildfire Service Mobile App. CHECK IT ALL OUT HERE!
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And now the sun is shining, flowers are blooming and the market’s heating up! . . . “BC home sales have now risen for three consecutive months, but that recovery in sales has not been matched by listings which continue to fall well below normal levels. As a result, average prices across the province…
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We’re excited to share that Jane received the ‘Diamond’ Award from RE/MAX for 2022. Additionally, in our first year as a team we ranked #33 Small Team in RE/MAX Canada and #1 Small Team in our office. Thank you to our fabulous clients for trusting us with your transactions. We are so lucky to work…
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Happy Valentine’s Day, we LOVE working with you!
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Exciting news! We are expanding as the… Jane Denham Real Estate Group! I’m thrilled to welcome my daughter, Grace, as a Buyer’s Agent to our team! She has worked with me over the past 5 years while completing her Bachelor of Commerce degree at UVic, and is excited to apply her knowledge & experience to our team…
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File a BC Assessment Appeal (property assessment review) on or before January 31, 2022. For information and forms – here is a direct link to Appeals. Key Dates January 31 – Property Assessment Review Panel Deadline People wishing to request an independent review of their assessment must file their written notice of complaint with the assessor by…
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BCREA Real Estate Update “After a strong first quarter, BC markets are now adjusting to a much different interest rate environment,” said BCREA Chief Economist Brendon Ogmundson. “With mortgage rates surpassing 4 per cent for the first time in over a decade, the housing market over the next two years may have very little resemblance to the…
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Happy Spring! The weather is heating up and so is the market. This past week we saw an increase in new listing options which likely means we’ll see a busy spring market with more inventory for buyers than last spring. We’re still experiencing ~55% of the listings going into multiple offers, some with bully offers, resulting in an…
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