Adam Wahed Real Estate Group Blog

Bank of Canada raises key interest rate again, signals pause in rate hikes

Posted on Jan 27, 2023

Article created and published by Jordan Gowling, CTV News Vancouver.

The Bank of Canada has raised its overnight rate by 25 basis points, moving its policy rate to 4.5 per cent from 4.25 per cent. If projections hold steady, the central bank has signalled a pause at its current rate, while it assesses the full impact of its hikes on the economy.

“Wha...

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Why Metro Vancouver gas prices are rising again and when they could peak: experts

Posted on Jan 27, 2023

Article created and published by Regan Hasegawa, CTV News Vancouver.

Gas prices are once again creeping up in Metro Vancouver, with the numbers now sitting above $1.80 per litre.
It’s yet another blow to the cost of living in the region and the situation is only expected to get worse.

Prices started rising at the start of the month and have continued...

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Two things to watch ahead of the Bank of Canada's next rate decision

Posted on Jan 20, 2023

Article created and published by The Intelligencer CA.

Readings on inflation and inflation expectations 'could make the decision a closer call'
Two important readings come out early this week ahead of the Bank of Canada‘s interest rate decision on Jan. 25.

Earlier this month a strong jobs report tilted the odds in favour of the central bank hiking its...

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4 Ways to Find the Time to Sell your Home

Posted on Jan 17, 2023


Are you thinking about selling your home this spring? If so, one factor that may be holding you back is time. You might be worried that you won’t find the time in your busy schedule to sell your property successfully. 

If so, here are four strategies that will help: 

1. Understand what needs to be done 
Do you know what you’ll need to do to sell your ho...

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Showing your Home on Short Notice

Posted on Jan 06, 2023


Unless you’re selling in a strong sellers’ market, you should take advantage of every opportunity to show your home. Say, for example, an interested buyer would like to see your property tomorrow evening. If you say no, they might see another listing in the meantime — and make an offer! 

So, being prepared to show your home at the drop of a hat is im...

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BC government introduces “cooling off” period for home sales

Posted on Jan 03, 2023

On July 21, the provincial government introduced a home buyer protection period, the details of which are outlined in a new regulation that allows home buyers to back out of a residential purchase up to three business days after signing a contract.

The government will begin to enforce this regulation starting January 1, 2023.

The province claims this...

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