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Recent Blog Entries

Buyers remain hesitant as inventory builds

VANCOUVER, BC – June 3, 2025

 May saw inventory levels across Metro Vancouver* reach another ten-year high, while home sales registered on the MLS® remained muted.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled
2,228 in May 2025, an 18.5 per cent decrease from the 2,733 sales recorded in May 2024. This
was 30...

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May brings much-needed lift to Fraser Valley housing market

For Immediate Release: June 3, 2025

SURREY, BC – On the heels of a quiet April, Fraser Valley home sales saw a modest but encouraging uptick
in May — a sign that buyer confidence may slowly be returning to the market.
The Fraser Valley Real Estate Board recorded 1,183 sales on its Multiple Listing Service® (MLS®) in May, up
13 per cent from April. Desp...

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Bank of Canada holds policy rate at 2¾%

FOR IMMEDIATE RELEASE
Media Relations
Ottawa, Ontario
June 4, 2025

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

Since the April Monetary Policy Report, the US administration has continued to increase and decrease various tariffs. China and the United States have s...

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Get In Touch

Richard Alexander

Macdonald Realty

201-5501 Kingsway   Burnaby,  BC  V5H 2G3 

Mobile: (778) 389-2164

Phone: (604) 437-1123

rick@rickalex.ca