Inflation Slows To 2.80%

Good News For Buyers & Investors!

The inflation report released by Stats Canada showed a move below 3.00% for the first time since March 2021. A welcome sight for those looking to buy and those holding investment properties preparing to sell.

The Bank of Canada target for inflation is 2.00%, with inflation coming closer to this figure many believe a rate decrease is set to come within the next year. A rate decrease in the Fraser Valley and Greater Vancouver markets typically spells immense equity gains and profits for those that buy 6-9 months prior.

Inflation Rates

FOR SALE

6.17 Acres in Langley

Price $2,999,999

4641 256 Street

PROPERTY DETAILS

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2027 Completion

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