Weekly Newsletter

Rock Realty Weekly Market Update For The Fraser Valley

Written by Matthias Alleckna | Sep 14, 2023 3:11:14 PM

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.

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Ready To Find Your Next Home or Investment?

Rock Realty is here to help, call today!

Founder/CEO, Rocky Sharma 604-825-7743

or

Partner Realtor, Matthias Alleckna 604-343-5222

TOP 1% REALTOR

at Century21

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Rock Realty, 1267 Johnston Rd, White Rock, BC, Canada