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I have sold a property at 102 16528 24A AVE in Surrey

I have sold a property at 102 16528 24A AVE in Surrey. See details here

One of a kind, Notting Hill by Royale Properties. This Charming 777 sq/ft 1 bed, 1 bath, plus den, ground floor unit has a walk-out front door and private access to the parkade from the back. No long halls or elevators are needed...This home features a stylish kitchen with upgraded stainless steel Whirpool appliances, a gas range, a central island, quartz countertops, and white soft-closing cabinetry & drawers. Wide plank laminate flooring throughout. Walking distance to the shops and restaurants at Grandview Corners/Morgan Crossing, Southridge Private school, Pacific Heights Elementary, Grandview Heights Secondary, and the Grandview Aquatic Centre. Low strata fees with one underground parking and storage locker make this one a must-see.

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The Bank of Canada has declared that it will keep the Prime rate unchanged for the second consecutive time

   The Bank of Canada has decided to keep the Prime rate unchanged for the second consecutive time. With rising costs of fuel and food, and increasing intrest rates over the past year there are now signs of a possible soft landing and an imminent recession by the end of 2023 or early 2024, which may result in a potential rate cut in Prime. This could provide relief to those with variable or adjustable-rate mortgages.

As per the Bank's April Monetary Policy Report, global growth is projected to be 2.6% this year, 2.1% in 2024, and 2.8% in 2025. In Canada, demand is still higher than supply, and the labor market remains tight, while the housing market activity is low. The Bank predicts that CPI inflation will decline to around 3% in the middle of this year and then gradually fall to the 2% target by the end of 2024. The Governing Council decided to keep the policy rate at 4½%, and quantitative tightening will continue to complement this restrictive stance.

If you have a variable or adjustable-rate mortgage, you can choose to continue with it or lock into a fixed rate. Statistics show that most clients benefit from variable or adjustable-rate mortgages, but if you're concerned about further rate increases, you can consider increasing your payment amount and frequency to offset and reduce your cost of borrowing. Alternatively, you can lock into a fixed rate, which will guarantee no further rate increases for the remaining mortgage term.

The housing market has seen multiple offers on homes for sale and continuous property value appreciation in most areas due to low inventory and increased consumer confidence with the knowledge that rate hikes are leveling off. If you already own a home, it's recommended to ride out the interest rate storm. However, if you're looking to purchase, it's important to be aware that the bottom of the market may have already occured based on sales data. It's also recommended to monitor spending habits, audit bank statements to cut unnecessary expenses, and consolidate high-interest debt as soon as possible.

For the complete Bank of Canada announcement, click here. The next update from the Bank of Canada will be on Wednesday, June 7, 2023. If you have any questions or concerns about the announcement or want to discuss your current financial situation, please feel free to reach out.

I am here to help,

Aaron

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New property listed in Port Moody Centre, Port Moody

I have listed a new property at 507 3229 ST. JOHNS ST in Port Moody. See details here

Welcome to CLYDE, by Porte Communities located in the heart of Port Moody. This West facing 629sqft 1 bed | 1 bath unit boasts spectacular views and will receive sunlight all day. Open living space featuring 9' ceilings, large windows with tons of natural light. Beautifully appointed in the light colour scheme, this spacious unit features high-end appliances, gas range, modern soft close cabinetry, quartz countertop, spacious balcony w/ BBQ gas outlet, 1 parking & storage. Minutes to Skytrain, Rec Complex, Rocky Point Park-, Brewers Row & Newport Village. School catchments are Moody Elementary and Port Moody Secondary. Scheduled completion April - June 2023.

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New property listed in Port Moody Centre, Port Moody

I have listed a new property at 612 3229 ST. JOHNS ST in Port Moody. See details here

Welcome to CLYDE, by Porte Communities located in the heart of Port Moody. This top floor 1 bed | I bath unit boasts spectacular views, 621sqft of open living space featuring 9' ceilings, large windows with tons of natural light. Beautifully appointed in the light colour scheme, this spacious unit features high-end appliances, gas range, modern soft close cabinetry, quartz countertop, spacious balcony w/ BBQ gas outlet, 1 parking & storage. Minutes to Skytrain, Rec Complex, Rocky Point Park-, Brewers Row & Newport Village. School catchments are Moody Elementary and Port Moody Secondary. Scheduled completion April - June 2023.

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New property listed in Port Moody Centre, Port Moody

I have listed a new property at 305 3229 ST. JOHNS ST in Port Moody. See details here

Welcome to CLYDE, by Porte Communities located in the heart of Port Moody. This 3rd floor end unit is on the quiet side of the building boasting 798 sqft of open living space. This 2 bed/ 1 bath unit features 9' ceilings, large windows with tons of natural light. Beautifully appointed in the light colour scheme, this spacious unit features high-end appliances, gas range, modern soft close cabinetry, quartz countertop, spacious balcony w/ BBQ gas outlet, 1 parking & storage. Minutes to Skytrain, Rec Complex, Rocky Point Park-, Brewers Row & Newport Village. School catchments are Moody Elementary and Port Moody Secondary. Scheduled completion April - June 2023.

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New property listed in White Rock, South Surrey White Rock

I have listed a new property at 302 1500 MARTIN ST in White Rock. See details here

Must See 806 sq/ft Ocean View 1 bedroom + Flex unit. Foster Martin is an exceptional blend of un-compromised sophistication, urban connectivity and seaside living. The Martin tower offers elegant architecture with views form every balcony. The interior is well thought out with large windows facing West towards the ocean views. The kitchen is fully equipped for a master chef with a Miele integrated appliances package. The large patio faces west and has peek-a-boo Ocean Views to the South and is an excellent place to enjoy your morning coffee. As a resident of Foster Martin, you will have access to 10,000 square feet of health and wellness amenities including an indoor/outdoor pool, a full service concierge, and a resident only shuttle service.. Book your private Showing today.

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Signs of stability in Fraser Valley create opportunities for home buyers and sellers

SURREY, BC — House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-over-month decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since October.



FOR THE FULL PACKAGE: https://www.fvreb.bc.ca/statistics/Package202302.pdf

If you ​have further questions please feel free to reach out directly to me, I am here to help.
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New property listed in Grandview Surrey, South Surrey White Rock

I have listed a new property at 102 16528 24A AVE in Surrey. See details here

One of a kind, Notting Hill by Royale Properties. This Charming 777 sq/ft 1 bed, 1 bath, plus den, ground floor unit has a walk-out front door and private access to the parkade from the back. No long halls or elevators are needed...This home features a stylish kitchen with upgraded stainless steel Whirpool appliances, a gas range, a central island, quartz countertops, and white soft-closing cabinetry & drawers. Wide plank laminate flooring throughout. Walking distance to the shops and restaurants at Grandview Corners/Morgan Crossing, Southridge Private school, Pacific Heights Elementary, Grandview Heights Secondary, and the Grandview Aquatic Centre. Low strata fees with one underground parking and storage locker make this one a must-see. Private showings starting Wed. March 1st, 4-6pm...

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New property listed in Grandview Surrey, South Surrey White Rock

I have listed a new property at 2 2825 159 ST in Surrey. See details here

Welcome to Greenway by Adera! Bright & beautiful 4 bedroom, 3 bathroom, 1921 sq/ft modern townhome. Open concept living & dining area on the main w/ gourmet kitchen complete w/ beautiful white cabinetry, quartz counter tops,designer lighting, gas range top, built-in oven & oversized island, perfect for entertaining. Relax on your 449 sq/ft rooftop patio w/ BBQ hook up while taking in the spectacular mountain views. High-end features throughout include laminate flooring, forced air heating, hot water on demand, central AC, side-by-side 2 car garage. Exclusive access to the Southridge Club including: indoor basket ball court, gym, outdoor pool & hot tub, theatre & party room. Within walking distance to Sunnyside Elementary, Southridge private school & the Morgan Creek shops and restaurants..

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I have sold a property at 106 15310 17A AVE in Surrey

I have sold a property at 106 15310 17A AVE in Surrey. See details here

Rarely available! Gemini II by Genex Developments This stunning property boasts over 957 sq/ft, & features all the comforts of luxury living. The kitchen features stainless steel appliances, quartz counters, wood cabinets, tile backsplash & front load dishwasher. Opening large living room showcasing an electric fireplace with mantle, & access to a large patio and lane parking. Large master bedroom w/spa-like ensuite featuring glass shower, double sinks, & quartz counters. Featuring hardwood floors, carpeted bedrooms, in-suite laundry, beautiful light fixtures, & oversized windows! The building features amazing amenities including gym, rec room, guest suite, & covered terrace with BBQ perfect for entertaining. Underground parking & storage locker included. Book your private showing today...

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I have sold a property at 202 1350 COMOX ST in Vancouver

I have sold a property at 202 1350 COMOX ST in Vancouver. See details here

Broughton Terrace is conveniently located in the west end and is a short walk to Davie and Robson, steps from the beach, shopping, bars and restaurants. Open concept layout with one bedroom and patio that was closed in and used as a second bedroom with strata's approval. All appliances have been removed and this unit awaits your renovation ideas, perfect for an investor or first time home buyer. Unit also features a large communal roof-top patio, one parking stall and storage locker. Rentals 100%, 2 pets allowed...

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I have sold a property at #14 15273 24 AVE in Surrey

I have sold a property at #14 15273 24 AVE in Surrey. See details here

THE PENINSULA - townhome living at its best! Centrally located & well maintained, The Peninsula is one of South Surrey's most popular complexes & is close to shopping, restaurants & transportation. This 3 bed, 3 bath home features a spacious living/dining area with 20 foot vaulted ceilings. The updated kitchen includes white cabinets and quartz countertops. Extra large Primary suite with renovated ensuite equipped with double sinks walk in shower and seperate soaker tub. Other features include a 2 car garage, radiant in floor heating and Bruno Mobility Lift. Due to new regulations there are no age or rental restrictions, everyone is welcome... Book your private viewing today.

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