Welcome to the world of Home Decor Trends 2024, where a vibrant palette and dynamic styles redefine the way we inhabit our living spaces. In this blog, we’ll unravel the nuances of design that promise to transform homes into captivating havens. From cozy corners to metallic accents, join us on a journey through the key trends shaping the landscape of contemporary home decor.
Continue reading →Tips
Bank of Canada Rate – Overnight Rate Holds at 5%
In a pivotal decision, the Bank of Canada maintains its overnight rate at 5%, emphasizing a commitment to quantitative tightening. As economic indicators fluctuate globally, the impact resonates within Canada’s borders.
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Winter Home Makeover: 12 Ways to Enhance Your Exterior in the Winter
Winter might bring snow and gloomy days, but that doesn’t mean your home can’t shine. Whether you’re preparing to sell or simply want a festive look, here are 12 ways to elevate your home’s exterior this winter.
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5 Design Ideas for More Harmonious Multigenerational Living
The pandemic saw many American families with adult children share space temporarily, but the trend toward multigenerational living is here to stay. According to the Pew Research Institute, the number of cross-generational households in the United States has grown four times over since the 1970s. And in 2021, 18% of the population was living in a home with family members spanning generations.
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The Home Buying Process Explained
If you’re in the early stages of planning to buy either your first home or your next home, you’ve come to the right place! Even if you’ve been through it before, the home buying process can be daunting, but it doesn’t have to be when you have the right people on your side!
Continue reading →BCREA – Housing Market Activity Remains Slow in November
The British Columbia Real Estate Association (BCREA) reports that a total of 4,512 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November 2022, a decrease of 50.8 per cent from November 2021 and about 30 per cent below a historical average November. The average MLS® residential price in BC was $906,785 an 8.6 per cent decrease from $992,245 recorded in November 2021. Total sales dollar volume was $4.1 billion, a 55 per cent decline from the same time last year.
Continue reading →Bank of Canada Rate Announcement Dec 7th, 2022
The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening.
Continue reading →Options For Your Downpayment
Your downpayment refers to the initial payment you make when buying a property through mortgage financing. A downpayment is always required when purchasing, because in Canada, lenders are only allowed to lend up to 95% of the property value, leaving you with the need to come up with at least 5% for a downpayment.
Continue reading →Paying Off Your Mortgage As Quickly As Possible
Being a home owner is excellent, having a huge mortgage isn’t. So, if you have a mortgage that you’re looking to get rid of as quickly as possible, here are four things you should consider doing.
Continue reading →BCREA Economics – Canadian Inflation (October 2022) – November 16, 2022
Canadian prices, as measured by the Consumer Price Index (CPI), rose 6.9 per cent on a year-over-year basis in October, a rate of change equal to the prior month. After falling for the prior three months, a rise in gasoline prices in October kept the CPI steady year-over-year.
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